When the bull market trumpet sounds, what truly opens the door to wealth is often the seemingly simple yet profound investment wisdom. Adhering to the following six golden rules will allow you to keenly capture opportunities amid the market's ups and downs, enabling your assets to achieve steady growth.
One, act in accordance with the trend and enter the market in a timely manner
Once the bull market begins, the momentum of rising prices, once established, will be unstoppable. A significant pullback in the early stages is not a sign of risk but could be a rare entry opportunity. Many investors are fixated on precisely timing the bottom, missing out on opportunities while hesitating, and ultimately falling into the dilemma of 'the longer I wait, the higher the price goes, completely missing the bull market.' It is crucial to understand that entering the market in accordance with the trend is far more important than precisely capturing the lowest point.
Two, make good use of spike patterns for precise strikes
The frequently occurring 'spike' patterns in a bull market are actually a generous gift to investors who have not yet fully invested. When prices suddenly drop significantly, decisively increase your positions to complete your asset allocation. Understand that the market can anytime make a 'strong surge' that could completely cause you to miss opportunities; those investors who hesitate and let opportunities slip away are often the ones disrupted by such short-term fluctuations.
Three, diversify investments and hold patiently
Reasonable position management is the core of successful investment in a bull market. It is advisable to diversify across multiple important sectors such as mainstream cryptocurrencies and potential coins to avoid falling into a passive situation due to fully investing in a single sector. Many people are keen on chasing highs and cutting lows in investments, resulting in easily falling into the vicious cycle of 'buying leads to being trapped, selling leads to rising.' As long as the coins held are not of poor quality, patience will yield results; every coin has the potential to explode in a bull market, making fivefold or tenfold increases not uncommon.
Four, uphold contrarian thinking and capture opportunities in divergences
The market always develops amid divergences. When most people hold a negative attitude toward a certain cryptocurrency or sector, complaining incessantly, there often lies a huge investment opportunity; conversely, when the market is extremely optimistic and the sentiment is frenzied about a certain cryptocurrency or sector, risks are also brewing in the shadows. Maintaining independent thinking and conducting contrarian layouts is essential to gain the upper hand in the market.
Five, long-term investment is paramount, abandon frequent operations
Do not indulge in the 'small tricks' of high selling and low buying in short-term trading. In a bull market, frequent trading not only increases transaction costs but may also cause you to miss the main upward trend due to missteps in timing. Numerous real cases have shown that the returns from holding quality coins for the long term far exceed those from chasing highs and cutting lows amidst short-term fluctuations.
Six, face corrections directly and win with strategy
The progress of a bull market will inevitably be accompanied by multiple deep pullbacks. Whenever the market falls into panic and talks of 'the end of the bull market' become rampant, it is actually a good time to increase positions or hold firm. Generally speaking, a bull market must experience at least three to four significant pullbacks before it can truly come to an end. As long as you firmly hold quality assets, achieving tens of times returns through spot trading in a bull market is not out of reach.
Ethereum is ten years old, happy birthday!
From the ideal of a 'world computer' to the reality of hosting millions of dApps, we have moved from a smart contract revolution to the golden age of on-chain finance, NFTs, and L2.
It is not perfect, but it is the source of all on-chain innovations. Without ETH, the entire crypto world we see today might not exist.
1. The White House has delayed the vote on Brian Quintenz's nomination for CFTC chairman.
2. The U.S. SEC has postponed its decision on the Grayscale Litecoin ETF until October 10.
3. A court in Sichuan is hearing a case involving the resale of foreign exchange with stablecoins, with an amount involved exceeding 200 million yuan.
4. The Bank of Korea has established a new virtual asset department, expected to lead discussions on the Korean won stablecoin.
5. The overall average holding price of Strategy is $73,277, with unrealized profits of $28.18 billion.
6. Tonight, Ethereum founder Vitalik will appear in the tenth anniversary live broadcast to revisit Ethereum's history.
7. The founder of Telegram has once again faced a judicial investigation in France, accused of having illegal content.
All of the above are key events that can influence market trends, making the market's trajectory during this super macro week particularly important. Recently, Bitcoin has been hovering at a high level, waiting for a direction to emerge, which will determine whether the altcoins will continue to rise in the third wave or face a deep correction in the fourth wave.
The best hunter is patient in waiting for opportunities; time is always the biggest chip in retail investors' hands. Looking forward to the market changes after this week. Market sentiment is not yet high, and there is no scent of FOMO in the air. It is not yet the time when everyone is making money and outsiders want to rush in, thinking that even if it goes higher, it is still not high. The market share of Bitcoin and the altcoin season index still have a lot of room. As for when the peak will come, history tells us that when the vast majority of people feel 'if I don't go all in now, it will be too late,' that's when the real top is.
The opportunity has arrived, assets are doubling! Follow Biao Ge closely to easily make big money.
Continuously pay attention to: MDT, FTT