I. Active Relief 1. If you bought the wrong asset, especially chasing high after a big rally, be decisive—cut your losses early to protect your wallet. There are many market opportunities, and as long as your money is still in the game, turning things around is easier.
2. If the coins you hold are no longer performing and are still falling, look for other coins that are about to rise, quickly switch to them, and use your recent gains to offset past losses.
3. If you're deeply trapped and believe the price will still fall, sell a portion and buy back at a lower price later, reducing your overall cost basis.
II. Passive Relief
1. If you bought at a relatively low point and believe the market will improve, add some funds gradually, but don't do it too many times—timing is crucial.
2. If your entire position is locked in and you have no funds to add or are reluctant to sell, just wait. As long as the money is yours and not borrowed, be patient—perhaps one day you'll be able to exit profitably.
Remember, being trapped isn't the end of the world. Don't operate impulsively—stay calm, and opportunities will eventually come.
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.
How to get out of a losing position?
I. Active Relief
1. If you bought the wrong asset, especially chasing high after a big rally, be decisive—cut your losses early to protect your wallet. There are many market opportunities, and as long as your money is still in the game, turning things around is easier.
2. If the coins you hold are no longer performing and are still falling, look for other coins that are about to rise, quickly switch to them, and use your recent gains to offset past losses.
3. If you're deeply trapped and believe the price will still fall, sell a portion and buy back at a lower price later, reducing your overall cost basis.
II. Passive Relief
1. If you bought at a relatively low point and believe the market will improve, add some funds gradually, but don't do it too many times—timing is crucial.
2. If your entire position is locked in and you have no funds to add or are reluctant to sell, just wait. As long as the money is yours and not borrowed, be patient—perhaps one day you'll be able to exit profitably.
Remember, being trapped isn't the end of the world. Don't operate impulsively—stay calm, and opportunities will eventually come.