Recently, the market has been too volatile, and many fans have been crying in the background: “Yezi, I entered a long position near ETH 4500 and BTC 115517, and now I'm stuck. Some even got liquidated. What should I do? I can't sleep!”
Don't panic! Yezi will share several ideas for getting out of trouble today. Remember, there are always opportunities in the market, but if your mindset collapses, then it's really over!
First tactic: Stay calm and refuse to cut losses recklessly!
The first reason for losing money is not the market, but a blown mindset leading to chaotic operations. If your position hasn't blown yet, and you're just stuck, take a deep breath and ask yourself: Is this money urgently needed? If not, don't rush to cut your losses!
The overall trend is still there; a sudden drop in a bull market is actually an opportunity. Cutting losses randomly is a real loss; holding still gives hope to recover.
Second tactic: Buy in batches to lower the cost!
If you still have bullets, don’t go all in at once! For example, buy a little when ETH drops by 10%, and buy a little when BTC drops by 8%, to average the cost down to a lower level.
But remember: Averaging down is to dilute the cost, not to gamble with your life! Never use leverage to average down, or the consequences will be even worse.
Third tactic: Hedge to reduce losses and earn back in the short term!
If you have some trading experience, you can use a small portion of your funds for short-term hedging. For example, while being stuck in a long position, you can open a short position lightly when the price rises or trade in waves to make a small profit to cover the losses.
If you are not familiar with contracts, it’s better to lie flat and wait for a rebound to reduce positions!
Final reminder:
Absolutely do not borrow money for averaging down!
Don’t trust the 'trading gurus', be careful of being scammed a second time!
The bull market is rapidly declining, those holding spot assets still have hope to recover.
Yezi knows you are suffering, but trading itself is a form of practice. Being stuck is not the end of the world; learning to cope is growth. Follow Yezi, and I will continue to share real-time market analysis and trading strategies to help everyone recover!
The cryptocurrency world is very deep, and it's easy to lose direction when exploring alone. At this time, you need a guide, someone who can help you grasp the pulse of the market and seize wealth opportunities. And I, Yezi, am willing to fight alongside you and provide you with the latest news and precise analysis.#被套
