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breakeven method:
Firstly, it depends on the position. For those with shallow traps, they can take advantage of rebound trends to breakeven or reduce their positions at high points; for those with deep traps, they can partially build positions or add to their positions at high points to lower the average price, maintaining psychological initiative.
Secondly, handle according to the trend of buying coins. If the coin is in a downward trend, stop-loss should be implemented immediately after confirming the trend to avoid hesitation that leads to deep trap; if it is in a balanced oscillation trend, there is no need to stop-loss immediately, wait until it reaches the high point of the oscillation, breakeven or decisively exit in case of small losses; if it is in an upward trend, there is no need to stop-loss, hold patiently, as the possibility of breakeven and significant profits is relatively high.
Cryptocurrency is unpredictable by 100% accuracy