Although it's a bull market now and any position is profitable, position management is always an issue that cannot be ignored!

For short-term trading, you must understand stop-loss and take-profit; retreat immediately if there's risk, and run promptly if there's profit. Don’t be greedy; the market changes quickly. Accept small losses and don’t hesitate to take profits.

For long-term investments, set clear goals and expectations, especially if you hold low-cost assets. The hardest part of long-term investing is not buying, but maintaining the right mindset. The market can't keep going up; every rally will wash out the weak hands, and only those who hold firm can go far. You have to ask yourself: can I stick to my strategy?

Here's a psychological example: you bought $2000 worth of ETH and sold it at $2500; later it goes up to $3000. Even if you believe it can rise further, you're less willing to buy back in. You might miss out on the opportunity.

Short-term and long-term operations should be kept separate.

Don’t use long-term strategies for short-term trading; if you don’t understand stop-loss when prices drop, you might end up in a tough spot. Short-term trading is speculation, not value investing. If prices drop too much, don’t think about averaging down; just cut your losses.

For long-term investments, don’t adopt a short-term mindset; if prices go up, you sell, and if there's a pullback, you run, which leads to missing out on higher returns. If you sell your assets at $2500 and it rises to $4000 in the future, you won’t be able to buy back at that price. Selling in batches is key.

In a bull market, the market will always rally; maintain your own rhythm, set up for long-term gains, and seize short-term hot spots. Keep your positions separate; it's advisable to allocate 70% for long-term and 30% for short-term. Short-term trading can double your investment when hitting hot market trends, but in a bull market, don't go all in; being fully invested is too passive.

Short-term trading requires strict stop-loss and take-profit measures to lock in gains.

For long-term coins, have the determination to double your principal, as it’s common for many coins to rise significantly and then see a sharp pullback. After doubling your principal, you can look for further opportunities or withdraw.

Making money in a bull market hinges on maintaining a clear mindset; don’t fixate on specific price points. If you're afraid of missing out and think it’s about time, you can buy a starter position to feel the market, but only by being willing to take on risk can you have the chance to add to your position later; otherwise, you may never get into the game.