First, the fatal illusion in a bull market: the more you catch, the worse you lose.
Every time a bull market comes, the community goes wild: 'This coin has risen by 30%!'' That sector has started again!'
Newbies always think there are opportunities everywhere; in the end, they chase DeFi with one hand and grab NFTs with the other, only to find their accounts worse than during a bear market.
During that bull market in 2021, I realized a truth: there is only one main line, and it's enough to eat a segment of it.
When the metaverse concept exploded, I spent three days and nights filtering out 200 related coins, finally locking in on 3: the sandbox that broke through previous highs first, Decentraland which ranked in the top three by market cap, and a low-starting leading coin for supplementary gains.
Only focus on these three throughout, and never be envious of other sectors even if they soar. When that round of the market ended, just the sandbox brought me 12 times the return.
Remember: the money in a bull market is not earned by 'more', but by 'accuracy'.
Second, the golden rule of choosing coins: buy new, not old; buy strong, not weak.
There are always people asking me: 'Can we bottom fish Bitcoin now?' 'Has Ethereum dropped so much that it's an opportunity?'
I never touch old coins, not because they are bad, but because the times have changed.
Old coins are like faded stars; no matter how glorious they were, they cannot escape the fate of liquidity depletion. Those old coins bought in 2018 are now 90% lying dead at a price of 0.000x, and even exchanges are too lazy to list them.
New coins have the possibility of breaking the deadlock: new Layer 2 coins launched last year, their market value surged into the top 20 in three months; AI concept new coins doubled on the day of listing.
Don’t be fooled by 'low prices'; the iron rule in the coin circle is: funds always flow to places with stories to tell.
Third, contracts are a double-edged sword; when used correctly, they are a powerful tool, but when used incorrectly, they are a slaughter knife.
The craziest time I traded contracts, I earned the equivalent of a house in one day, and I also experienced five liquidations in one week.
If you must trade contracts, these three red lines must not be crossed:
The maximum leverage is 10 times; exceeding this, your fate is handed over to the casino;
Set the stop-loss line at 5%, cut it immediately when it hits, hesitating for even a second is like going against your money;
Always keep 30% of your position, even when you see a 100% certain market.
I've seen too many people who clearly saw the right direction but died on high leverage with full positions. Remember: contracts earn money through risk control, not through market movements.
Fourth, the clumsy way to survive cycles: be fearful when others are greedy and lay out when others are fearful.
During the worst of the bear market in 2022, there were people in the community shouting every day, 'The coin circle is finished.'
I quietly built positions in two sectors: one was the ZK concept that was neglected at the time, and the other was a public chain new coin outside the top 50 market cap.
The method is very simple:
Select only 2 targets in each sector, one is a leading coin with real applications, and the other is a potential stock still in the private placement stage;
Invest regularly every week; stop after six months in a bear market;
In a bull market, sell half when it rises to three times, and liquidate completely at five times.
This seemingly clumsy method allowed my capital to multiply by 8 times during last year's small bull market.
The coin circle has never been about who runs faster, but rather about who survives longer. Those who chase hot spots and hope to double their money every day have long been eliminated by the cycles.
Opportunities come, assets double! Follow Biao Ge closely and easily make big money.
Keep an eye on: MAGIC, RARE
