In the crypto world, who hasn't been caught in a trap? But the key is how to get out! I have two practical strategies to share with everyone.

The first strategy is to respond flexibly based on your position depth. For example, if you are only lightly trapped, take advantage of a rebound to quickly reduce your holdings by half and lock in some profit. If you are deeply trapped, buy in batches to lower your average cost. When the market rebounds, you can quickly break free, provided that you are invested in mainstream coins.

The second strategy is to focus on the trend. Once you confirm a downward trend, decisively cut losses to avoid greater losses when trapped. If you are trapped during market fluctuations, you can wait for the fluctuations to reach a high point and sell to make a small profit.

Of course, you can also hold on. The prerequisite is that you are in mainstream coins.

Before buying, consider carefully whether you are trading short-term or long-term. If you misjudge the direction in short-term trading, you will incur losses directly. Don’t get trapped in long-term!

As a seasoned investor in the crypto space, I’m sharing my experiences and insights. Interested in the crypto world but don’t know where to start? Click on my profile to see an introduction to my business and witness the moment of miracles together.