After the cryptocurrency price drops significantly and reaches the bottom, when we are uncertain whether it has reached the bottom, if we buy at this time, we are afraid of being trapped if it continues to fall. If we don't buy, we worry about missing out if the market turns around and pumps. In such situations, we can use the pyramid position building strategy.

For example, when a certain currency falls to the 10U position, buy 20% of the position. When the price falls to the 8U position, enter another 30%. At this time, the average cost is 8.6U. If the market continues to fall to 5U and enter another 40%, the average cost is 6.5U.
If the price rebounds by 6.5 yuan, it is a breakeven. If it rebounds to 10U, it is equivalent to earning 3.5U. But if you go all in at 10U, when the price returns to ten yuan, you just escaped the trap. During the process of the coin's price rising, the lower the price, the larger the position should be bought, and the position should gradually decrease as the price gradually pumps. This method of entry belongs to the right side of building a position. This kind of cost is relatively safe, as long as the market does not fall below the holding cost, there is no need to panic.#Gate.io储备金突破$100亿