1. Restrain impulses
In a bull market, some coins may spike temporarily, leading to a chase for prices or the fear of selling too early. However, experienced investors know that bull market profits require patience, and the bear market is the best time to position oneself. Do not be impulsive due to the fear of 'missing out' on selling; the market exhibits a rotational characteristic. Some coins may have increased several times, yet the major holders may still control a large amount of chips, making the probability of further increases low. Blindly chasing high prices can easily lead to risks.
2. Diversify your holdings
Although having a single heavy investment may seem to promise huge profits, the actual risk is enormous. Successful investors often diversify their holdings and allocate funds reasonably. For example, purchasing quality coins at low prices during a bear market and patiently waiting for the bull market to rise, strategically selling in batches at appropriate price levels. Do not be greedy for high prices, and lock in profits in a timely manner.
3. Reselling strategy
In a bull market, the space for buying and making profits is limited, so securing profits is essential. After selling out, do not rush to repurchase; instead, gradually build positions again at low levels during a bear market to achieve steady growth. Control emotional fluctuations and focus on executing the established plan.
4. Winning with mindset
Market fluctuations can easily disturb people's minds. Sticking to a set strategy and not being swayed by emotions is key. Newcomers should especially avoid anxiety due to short-term volatility. The secret to a bull market lies in 'patience' and 'persistence'. Only with a stable mindset and by protecting profits can one remain undefeated in the market.
