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Recently, the market has seen significant fluctuations, with a one-sided trend. I would like to share some valuable insights.
Dealing with Losses:
Firstly, it depends on the position held. For those with shallow positions, they can take advantage of the rebound market to reduce their losses or decrease their positions at a high point; for those with deep positions, they can build or add to their positions at a high point to lower the average cost and take control of their psychological state.
Secondly, handle according to the buying trend of the currency. If the currency is confirmed to be in a downward trend, stop loss should be executed immediately to avoid hesitation leading to deeper losses; if it is in a balanced fluctuation trend, there is no need to stop loss immediately; wait until it enters a high point in the fluctuation, and decisively exit to recover losses or mitigate losses; if it is in an upward trend, there is no need to stop loss, hold patiently, and the possibility of recovery and significant profit is relatively high.
#BTC# #ETH# #比特币巨鲸动向# #山寨季何时到来?#