Let me summarize my personal experience of making money in the bull market in recent years.
1 Once the rise starts, it will not end easily, so the big pullback in the early stage is to clear the long leverage. Don't be afraid and keep a good mentality.
2 There are many spikes in the bull market. If you haven't covered your position yet, wait for a rebound now. It is best to buy value coins with all your strength when Bitcoin falls by more than 20%. Otherwise, the high position will be full, and you will be killed at any time. Most people can't stand the pullback.
3 Try to layout several sectors for long-term funds, because if you are fully invested in one sector, and this sector does not move in the short term, while other sectors continue to rise, this is the most uncomfortable. You chase it and get stuck again. After a few days, it will take off again. It is estimated that many people have encountered this situation, so either don't buy it, or you must hold it firmly after buying it. I am most optimistic about the AI sector, the gaming industry, and the Bitcoin ecosystem. You can plan your long-term allocation of funds. You will always wait for your coin rotation. In the bull market, even junk coins have five times or ten times. In addition to a few large market capitalizations, the last bull market Binance IEO new coins rose at least 10 times, and many of them were 100 times coins.
4 Don't always think about short-term high-selling and low-buying. Once the bull market starts, you will find that you can't get on the train at all. 20% of the funds are in the short-term hot track. In terms of duration, 80% of the funds are defined as long-term and do not move.
As an investor who has been working in the cryptocurrency circle for many years, I am willing to share my experience and insights with you. If you are interested in the cryptocurrency circle, but don't know how to start, you might as well follow my homepage and discuss the mysteries and future possibilities of the cryptocurrency circle with me. Click on the avatar introduction to find me.