In the past few years, I have gained valuable experience in making money in the bull market. Here are some insights I have gathered:摘要：Let me summarize my personal experience of making money in the bull market in the past few years.1 Once the rise starts,...
1. When the market starts to rise, it is unlikely to come to an abrupt end. The initial significant pullbacks are a mechanism for clearing out excessive leverage. It is important to maintain a positive mindset and not be afraid during this phase.
2. The bull market is characterized by spikes, and it is crucial to take advantage of these opportunities. It is advisable to wait for a significant drop of at least 20% in the price of Bitcoin before making a full investment in value coins. Failing to do so may result in buying at a high position, leaving one vulnerable to sudden spikes and retracements.
3. Diversifying long-term investments across multiple sectors can mitigate the risk of being stuck in a stagnant market. It is important to hold onto positions firmly and avoid the temptation to chase after short-term gains. Sectors such as AI, gaming, and the Bitcoin ecosystem are particularly promising for long-term allocation of funds.
4. In a bull market, it is imperative to resist the urge to engage in short-term trading and instead focus on long-term investments. Attempting to time the market by selling high and buying low is often futile in such a market environment. It is advisable to allocate 20% of funds for short-term trades and reserve 80% for long-term positions.
