$ETH being stuck at 7000 dollars, what should I do? How can I maximize the reduction of losses?

In fact, making money in the cryptocurrency circle is not that easy; the most important thing is to learn to control risks and avoid expanding losses.

Sometimes we all encounter situations where we get stuck, and I, Little Match, have experienced this often. When many people incur losses, they may have a sense of luck, thinking that the market will rebound, and are unwilling to cut losses.

But this mindset is very dangerous; often the longer you drag it out, the more you lose. For example, a fan got stuck at 7000 dollars, and I, Little Match, suggest waiting for the US stock market to open to see if there is a chance for a pullback; if the lowest point is 2943, it can also reduce losses.

But most people, when losing, tend to rush to hold on, which makes it easy to make wrong judgments and end up losing even more.

In fact, the key is to be rational and not have unrealistic expectations. When the market is not right, cutting losses in time is the most prudent approach.

Learn to let go, control your position well, so that you can minimize risks and avoid liquidation.

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