Many people have their accounts filled with dozens of altcoins, fearing they might miss the next tenfold or hundredfold coin. What happens? Once the market pulls back, the accounts are all in the red; when the prices rise, few can reap the benefits, and when they drop, they all get stepped on. In the end, it’s not the market that kills, but the mindset that kills oneself first.
I have always emphasized one point: do not spread your altcoin positions too thin.
The reason is simple:
You simply cannot simultaneously study the logic and movements of dozens of coins; at most, you can only focus on three to five.
With limited funds, if you spread too wide, each target position is small, and you won't reap big gains when prices rise.
A bunch of junk coins shaking around in your account can easily sway your mindset. You’ll regret seeing one rise and feel anxious seeing another drop, leading to chaotic operations.
So, regarding positions, here’s a rule: refine your holdings and concentrate your firepower to break through.
Pick three to five targets that you can understand, and thoroughly study each key point. Process entries and exits in batches, leaving enough margin for error. Don’t think about going all in at once; the essence of market volatility is "repeated torment," and you must learn to grind with it.
Now, let’s talk about mindset.
Most people in a bull market actually lose not to the market but to their own mindset:
After two days of rises, they think they are going to the moon, go all in, and end up getting washed out by the pullback;
After two days of declines, they think it’s going to zero, cut losses and exit, only to see it rebound the next day;
Chasing trends every day, unable to hold onto coins, unable to keep profits, and they end up exhausted.
Those who can truly make money are those who can remain calm amidst volatility. They are not greedy when the market rises, nor panicked when it pulls back, but focus on core chips to repeatedly trade in waves.
Remember this:
Positions are defense, mindset is offense.
If you can control your hands and steady your heart, the bull market will truly belong to you. $BTC $ETH