The easiest way to make money from cryptocurrency is as simple as drinking water! The easiest way to make money from cryptocurrency! Remember the rules for making money in a bull market!
1. Once an uptrend starts, it won't easily end, so don't be afraid of major pullbacks that happen early on. Boldly enter the market; the most troublesome thing is waiting for even lower points. The longer you wait, the higher it goes, and you'll miss the opportunity.
2. Bull markets often have spikes. If your position isn't fully loaded, try to wait for a pullback to go all in. Otherwise, you'll be hit with a spike unexpectedly, and most people can't handle it.
3. You must manage your position well, ideally spreading across several key sectors. If you invest all in one sector and it doesn't move in the short term while others are rising, it can be very frustrating. If you chase it, you might get trapped; after clearing your position, it might soar again in just a few days. Many people have experienced this, so either don't buy, or if you do, be sure to hold firmly. There will always be a rotation cycle. Even the worst coins in a bull market can have five to ten times returns.
4. The market always rises amidst disagreements. What many people criticize often presents opportunities, while consensus can signal risk.
5. Don’t always think about short-term high sell and low buy. Once you get off the ride halfway, you'll find it hard to get back in. Playing short-term is less profitable than simply holding and earning.
6. Every time there’s a market pullback, panic ensues, and people say the bull has run away. The reality is that a bull market usually experiences at least three or four major pullbacks before it can end. So don't be afraid; you must have a broader perspective. As long as you can hold on and you're not holding junk coins, even the worst can yield five to ten times returns. After a full bull market cycle, having spot investments return two to three times is really not that unusual.