Is the bull market here, can altcoins also be bought?
Of course, they can be bought.
As someone who has been trading in the crypto space for over 10 years and has experienced three bull and bear markets, the real way to make big money in crypto is during a bull market! Just catching one wave is enough. Recently, I used one of my small accounts with 4 million to play with altcoins and made 10 million; you just need one opportunity!
Bull Market Earning Rules:
1. Once the rise starts, it won’t easily end, so don’t be afraid of the major pullbacks in the early stage; enter boldly. The most troublesome thing is to keep waiting for a lower point; the longer you wait, the higher it goes, and you end up missing the opportunity.
2. In a bull market, there are often spikes. If your position isn’t fully loaded, try to wait for a retracement and go all in; otherwise, you might get hit with a spike that most people can’t withstand.
3. Be sure to manage your positions well. It’s best to allocate across several key sectors because if you put all your capital into one sector and it doesn’t move while others are rising, it’s the most frustrating. If you chase after it, you’ll get trapped, and just when you clear your position, it will take off again. Many people have experienced this, so either don’t buy, or if you do buy, make sure to hold firmly. Your coins will eventually rotate, and even the worst coins in a bull market will have five to ten times returns.
4. The market always rises amidst disagreements; what many people criticize is often an opportunity, and when everyone is optimistic, that’s when the risk arises.
5. Don’t always think about short-term high selling and low buying. Once you exit midway, you’ll find it’s hard to get back in. Playing short-term is not as profitable as simply holding still and earning more.
6. Every time there’s a pullback, the market panics, saying the bull has run away. The truth is, it needs to go through at least three or four major pullbacks before a bull market may end. So don’t be afraid; you must have a broader perspective. As long as you can hold on and you’re not holding junk coins, even the worst will yield five to ten times. After a round of a bull market, making two to three times on spot trading is really not a big deal.
Recently, I told my followers to invest in wif and ai16z, where wif has seen an increase of over 90% and ai16z’s increase is close to 120%.
Daily trading continues to be profitable. Friends who are confused about trading and want to make profits back, leave a message with 111
