🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
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1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
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⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
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What should I do if the contract long order is trapped? This is the psychology of all of you, without exception!
The commonly used tricks to get out of a trap are that simple: just hold it tight!
Quickly cut through the chaos: If the coins in your hand keep falling and you can't see any signs of a reversal, don't hesitate, quickly cut your losses and leave. You might even consider shorting. Never stubbornly hold on, or you'll only sink deeper.
High sell low buy: If the market is volatile, with prices fluctuating between high and low, you can take advantage of the rebound opportunity to sell a bit at the high point and buy back at the low point, which can reduce costs.
Lowering costs: Wait until the coin price drops to nearly the bottom, then you can add some positions to lower the cost, and when it rebounds, hurry to withdraw.
Short hedging: If you are already trapped deeply, and although it is still falling, you believe there will be a chance to rise back later, then you should take a short position, and the short order should be larger than the long order to make some profit to offset the loss.
When trading contracts, make sure to set your take profit and stop loss properly, don't be too greedy, and don't procrastinate.
#五月行情预测#