What to do if you're stuck? These 4 methods teach you how to stabilize your position, don't just blindly endure!
In the cryptocurrency world, it's almost impossible not to experience being stuck.
The market changes rapidly, and no one can make a 100% accurate judgment.
Today, let's talk about: when you're stuck with a position, what is the best way to handle it?
Method 1: Decisively cut losses and withdraw quickly
This advice sounds harsh, but it is indeed the most direct and effective method.
Cutting losses is not giving up; it's leaving bullets for the next opportunity.
Many people just endure it, and they end up sinking deeper.
Rather than dragging it out to incur huge losses, it’s better to exit with a small loss and look for another opportunity to turn it around.
Method 2: Locking positions to limit loss
Locking positions means holding both long and short positions in the same cryptocurrency and equivalent amounts.
For example, if you bought BTC at 10000 and the downtrend continues, you can open a short position at 9900 to lock in losses within 100U.
Wait for the market to stabilize or reverse, then close one side at the right time and reallocate.
Reminder: Position locking is suitable for friends with some experience and sufficient capital; otherwise, it may become increasingly chaotic.
Method 3: Hedging to resolve being stuck, flexibly adjusting positions
This strategy sounds sophisticated, but its essence is:
When one product is losing, hedge with another product.
The risk is: if the judgment is wrong, it becomes a “double loss.”
Moreover, it involves multiple assets, requiring strong market sense and strategy.
Method 4: Hold on for a reversal (not recommended for most people)
To be honest, most people’s first reaction after being stuck is: wait a bit longer, maybe it will bounce back.
The cost of holding on is that you don't know how long it will stagnate or how deep it will drop.
If your position is large, funds are tight, and your mindset is unstable, this method will only accelerate liquidation.
Unless you plan to hold long-term and have sufficient margin, it is not advisable to hold on lightly.
Summary:
If you are a beginner and do not have much capital, it is recommended to first consider:
Quickly cut losses and reorganize your strategy;
Or lock in a small position and wait for an opportunity to resolve being stuck.
Do not fight trends with luck, and do not let hope bind your trading judgment.
True experts never rely on stubbornness to resolve being stuck; instead, they rely on flexible adjustments and a good mindset.