The bull market is coming, can we buy altcoins?

Of course, it’s possible to get in. As someone who has been trading in the crypto space for over 10 years, I have experienced three bull and bear markets. The time when you can really make big money in the crypto space is during a bull market! Just catching one wave is enough. A few days ago, I played with one of my small accounts of 50,000 and earned over 400,000 U, all it takes is one opportunity.

Bull market money-making rules:

1. Once the rise begins, it won’t easily end, so don’t be afraid of the big corrections that occur early on. Be bold in entering the market; the most troublesome thing is to keep waiting for lower points. The longer you wait, the higher it goes, and you will miss the opportunity.

2. In a bull market, it’s essential to diversify; if your position isn’t full, try to wait for a pullback to go all in. Otherwise, you might get caught off guard with sudden rises that most people can’t handle.

3. You must manage your positions well; it's best to have a layout across several key sectors. If you put all your funds in one sector and it doesn’t move in the short term while others are rising, it can be very frustrating. If you chase after it, you might end up getting stuck. Many have experienced this, so either don’t buy, or if you do, hold firmly. Your coins will rotate, and even the worst coins in a bull market can see five to ten times their value.

4. The market always rises amidst disagreements. Often, what a bunch of people criticize is actually an opportunity, while when everyone is optimistic, it can be a risk.

5. Don’t always think about making quick trades by buying low and selling high. Once you exit midway, you will find it hard to get back in. Trading short-term can be less profitable than simply holding.

6. Every time there’s a market pullback, panic ensues, and people say the bull has run away. The truth is that at least three or four major corrections must occur before a bull market can end. So don’t be afraid; you must have a broader perspective. As long as you can hold on and are not holding trash coins, even the worst can yield five to ten times. After a bull market, eating 20 to 30 times in spot trading is really not a big deal.

(Not investment advice, for reference only)

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