After years of wandering in the world of virtual currencies, I have experienced countless ups and downs, and now I want to share some profound insights with everyone.
1. When the momentum of an upward trend appears, it often has strong inertia and will not easily come to a stop. The seemingly frightening large corrections in the early stages are actually just a means of market selection aimed at clearing out weak long leverage. At this time, we cannot be ruled by fear; our mindset should be as steady as a mountain.
2. Proper planning of positions is crucial. Do not put all your chips on one sector. If you only focus on one sector while it temporarily stagnates, watching other sectors soar can be really painful. An impulsive rush can lead to being trapped, and just when you clear your position, it skyrockets again; this situation is not uncommon. Therefore, once you buy, hold firm to your belief that the coins in your hand will eventually shine. Even underperforming coins can have impressive gains during a bull market, with fivefold or tenfold increases not being out of reach.
3. The market always rises amidst controversy and disagreement. When everyone is complaining and blaming, it might just be a rare opportunity; conversely, when everyone is blindly optimistic, danger may have quietly arrived.
4. Don’t always think about achieving high sell-low buy through frequent short-term operations; many times, once you get off midway, you might never have the chance to get back on. What seems like clever short-term back-and-forth may ultimately earn less than those who remain calm and hold their positions.
5. Every market correction triggers panic, with people shouting that the bull market is over. But in fact, it often takes multiple significant corrections for a bull market to genuinely conclude.
So, friends, do not be afraid; have a broad vision and firm belief. As long as the coins in your hand are not worthless and you can hold them steadily, even if they perform mediocrely, there can still be fivefold or tenfold gains. In a bull market, obtaining two to three times profit from spot trading is not a fantasy.
