Don’t panic if you’re stuck in a position! Four tips to help you break even, even beginners can understand
1. Cut your losses decisively: If you bought at a high and the market suddenly crashes, don’t hesitate! Quickly “abandon the pawn to save the king” and exit with a loss. As long as you still have capital, there will be plenty of opportunities to recover later.
2. Reverse hedging: Too deep in the red to cut your losses? Open a position in the opposite direction. When the market drops further (or rises higher), wait for the right news or timing, close out the profitable position, and then patiently wait to break even. (This works for volatile markets—don’t use it in trending, one-sided markets.)
3. Intraday T+0 trading: Here’s how to play the swings! Watch your coins closely—sell high, buy low, and use short-term profits to average down your cost. But you need time to watch the market and some basic skills. Beginners shouldn’t try this blindly.
4. Averaging down at lower levels: Use this when a one-sided trend is about to end, and prices are consolidating or moving sideways at the bottom. How much you buy depends on your own capacity. The key: only add when you’ve confirmed the bottom is stable. Don’t rush to recover losses and add blindly, or you’ll end up even more stuck. Avoid “adding fuel to the fire”! #成长值抽奖赢iPhone17和周边
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Don’t panic if you’re stuck in a position! Four tips to help you break even, even beginners can understand
1. Cut your losses decisively: If you bought at a high and the market suddenly crashes, don’t hesitate! Quickly “abandon the pawn to save the king” and exit with a loss. As long as you still have capital, there will be plenty of opportunities to recover later.
2. Reverse hedging: Too deep in the red to cut your losses? Open a position in the opposite direction. When the market drops further (or rises higher), wait for the right news or timing, close out the profitable position, and then patiently wait to break even. (This works for volatile markets—don’t use it in trending, one-sided markets.)
3. Intraday T+0 trading: Here’s how to play the swings! Watch your coins closely—sell high, buy low, and use short-term profits to average down your cost. But you need time to watch the market and some basic skills. Beginners shouldn’t try this blindly.
4. Averaging down at lower levels: Use this when a one-sided trend is about to end, and prices are consolidating or moving sideways at the bottom. How much you buy depends on your own capacity. The key: only add when you’ve confirmed the bottom is stable. Don’t rush to recover losses and add blindly, or you’ll end up even more stuck. Avoid “adding fuel to the fire”! #成长值抽奖赢iPhone17和周边