How to Unwind a Position?

1. Active Unwinding

1. If you bought incorrectly, especially after chasing a high price on a large increase, be decisive, cut your losses early, and protect your wallet. There are many opportunities in the market, and as long as the money is still there, recovery will be easier. #CryptoCircle#

2. If the coins in your hand are not performing and continue to drop, look for other coins that are about to rise, and quickly switch over, using the new profits to cover old losses.

3. If you're deeply trapped and think it will continue to fall, sell a portion and wait to buy back at a lower price, which will lower your cost.

2. Passive Unwinding

1. If you bought at a low position and believe the market will improve, consider adding funds in several increments, but don't add too many times; timing is crucial.

2. If you're fully invested and trapped, with no money to add and reluctant to cut losses, then just wait. As long as the money is yours and not borrowed, be patient; who knows when you might unwind your position. #Cryptocurrency#

Remember, being trapped is not the end of the world. Don't act impulsively, maintain your mindset, and opportunities will always arise. #Bitcoin #数学货币