As someone who has been trading in the crypto space for over 10 years, and having experienced three bull-bear cycles, making significant profits in the crypto space really requires a bull market! Just catching one wave is enough. A few days ago, I used one of my small accounts of 4 million to play some altcoins and made 10 million, it just takes one opportunity!
Bull Market Profit Rules:
1. Once the rise begins, it won't easily end, so don't be afraid of significant pullbacks in the early stages; boldly enter the market. The worst is to wait for lower points, waiting only leads to higher prices, and you miss the opportunity.
2. In a bull market, there are often many spikes. If your position is not fully allocated, try to wait for a retracement, then go all in; otherwise, you might get a spike that most people can't handle.
3. It is essential to manage your position well, and it is best to allocate across several key sectors. If you’re fully invested in one sector and that sector doesn’t move in the short term while others rise, it can be very frustrating. If you chase in, you might get trapped, and just a few days after selling, it takes off again, many people have experienced this. So either don’t buy, or if you do, hold firmly; your coins will eventually cycle, and even the worst coins in a bull market can have five to ten times returns.
4. The market always rises in divergence; what many criticize is often an opportunity, and when everyone is optimistic, that’s when the risk arises.
5. Don’t constantly think about making short-term high sell-low buy trades; once you exit midway, you will find it hard to get back in. Playing short-term, you might earn less than those who just hold still.
6. Every time there is a market pullback, there will be panic, with everyone saying the bull has run away. The reality is that a bull market may require experiencing at least three or four significant pullbacks before it can end. So don’t be afraid; you must have a vision. As long as you can hold on, and your coins aren’t trash, even the worst can see five to ten times returns. In a bull market, making 20 to 30 times on spot trading is not uncommon.
With the increasing prosperity of the digital currency market, altcoins, as an important part of it, have attracted the attention of many investors. However, investing in altcoins is not easy; it requires mastering certain skills and rules. Today, we will share the ten investment rules for altcoins that are worth keeping, helping you navigate this market full of opportunities and risks.
Rule One: Adhere to the 'Three New' principle
When choosing altcoins to invest in, adhere to the principles of new projects, new narratives, and new concepts. These 'new' elements often represent the market's vitality and potential, making it easier to attract investor attention.
Rule Two: Focus on leading projects
Among many altcoins, focus on leading projects in core sectors. These projects typically have high market recognition and strong profitability, making them preferred targets for investing in altcoins.
Rule Three: Choose projects that lead the sector
Prioritize selecting altcoin projects that can lead market trends and have profit potential. These projects often drive the rise of the entire sector, bringing substantial returns to investors.
Rule Four: Invest in new, not daily
When new leading projects emerge, it is essential to adjust your investment strategy promptly and shift your focus to these promising new projects. Avoid excessive attachment to old projects that may cause you to miss new investment opportunities.
Rule Five: Pay attention to narrative, market cap, and trapped investors
| Projects with attractive narratives, lower market caps, and fewer trapped investors often have greater potential. These factors help projects stand out in the market and attract more investor attention.
Rule Six: Value project logic and market recognition
Good altcoin projects usually have clear project logic and high market recognition. These factors can enhance the project's value, making it more competitive in the market.
Rule Seven: Follow market hotspots
During the investment process, closely monitor market dynamics and hotspots. When the market has hotspots, adjust your investment strategy promptly to follow the trends. When the market lacks hotspots, align your investments with the overall market trend.
Rule Eight: Strictly control position size
To mitigate systemic risks, investors should strictly control their positions when investing in altcoins. Avoid overly aggressive investment behaviors to ensure the safety of funds.
Rule Nine: Exit decisively
When market hotspots fade or projects perform poorly, investors should decisively exit. Avoid excessive attachment that leads to losses.
Rule Ten: Maintain rationality and caution
Finally, investors should always maintain a rational and cautious attitude. Recognize that 99% of altcoins will ultimately face the risk of going to zero, so be careful in selecting projects, controlling risks, and allocating funds reasonably during the investment process.
In summary, investing in altcoins requires mastering certain skills and rules. By following the above ten golden rules, we can better seize market opportunities, reduce investment risks, and achieve stable investment returns. Additionally, we should maintain a rational and cautious attitude, continually learning and exploring new investment strategies and methods to cope with the ever-changing market environment.
Success is not accidental; opportunities are reserved for those who are prepared. Follow me, a captain skilled in combining short and medium-term arbitrage, and on the path of trading in coins, regardless of market conditions, I will walk alongside you.
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