Having navigated the crypto world for nearly 10 years, I have made profits and incurred losses along the way. I have been involved in ICOs, meme coins, mining, and have experienced three rounds of bull and bear markets. After summarizing countless operations, I found that there is only one method to make steady profits. That is simple and straightforward: it's something everyone understands.
Buy in a bear market, sell in a bull market, and you will make a profit without loss.
A bull market generally lasts 6 months to 1 year, while a bear market usually lasts 1 to 2 years. One complete cycle of bull and bear markets takes about 3 to 4 years. Seizing the opportunity to earn at least 50%+ in each bull market is enough to outperform various financial products, stocks, and funds, as this 50%+ gain is guaranteed with no suspense.
1. Only position during a bear market.
You must have patience and try to position at the bottom of the bear market (although it is impossible to buy at the exact bottom of the bear market). Judging the conditions for the bottom is simple: when no one is paying attention to Bitcoin and the crypto world is lifeless, you can intermittently buy multiple times. This period may last for a year or even longer.
2. Only buy mainstream coins.
BTC and ETH will always be the kings of the crypto world; buying in a bear market is definitely the right move. Although it may not multiply in value, buying in a bear market and holding until a bull market will surely yield over 50% gains. This is the first choice for big investors.
Exchange platform coins: such as BNB.
Relatively strong foundational chains: such as SOL, AVAX.
Good infrastructure coins: such as MATIC.
Strong consensus coins: Dogecoin, SHIB (I do not recommend strong consensus coins, as their use value is low; they entirely rely on the number of buyers creating strong consensus).
Heavy investments should always be in mainstream coins; never heavily invest in altcoins. The logic of altcoins is to 'cut leeks'; many kinds of altcoins emerge in every bull market. Altcoins that soared in this bull market may completely fall silent in the next bull market, overshadowed by the brilliance of new ones. Without internal channels and information, it is almost impossible to correctly bet on an altcoin before it explodes. Generally, you only realize there is such a coin after seeing it surge, and by that time, it's already too late to jump in. Maybe you might get lucky and the coin continues to rise, but more likely it will fluctuate downwards. Altcoins are too volatile; most people cannot hold them regardless of rising or falling. More often than not, you make a small profit but incur a significant loss. Ultimately, it all adds up to a loss.
3. Sell in the mid-bull market and stop trading thereafter.
In the early stages of a bull market, BTC will slowly rise, standing out on its own and driving ETH upwards. At this time, some good mainstream coins will follow, while other coins will rise slowly, and only a few altcoins will skyrocket.
In the mid-bull market, BTC and ETH will fluctuate upwards, mainstream coins will start to rise, and altcoins will begin to activate.
In the later stages of the bull market, BTC may fluctuate downward, while ETH may continue to surge. Mainstream coins will also rise in succession, and the highlight altcoins of the next bull market may soar several times, even tens or hundreds of times.
In the late stages of a bull market, BTC may drop several thousand points or even over ten thousand points, then slightly recover. The first major drop recovers quickly, giving the illusion of merely an adjustment. After two or three such drops, the bull market is declared over. If you are stuck during this time, please do not hold onto any illusions; cut losses in a timely manner. Otherwise, your capital will be dragged into an endless abyss.
3. Do not gamble on luck during a bull market.
There are many opportunities in a bull market, especially in the later stages when altcoins are wildly fluctuating, and many altcoins rise several times, making you green with envy. The urge to jump in or hastily choose certain promising but not yet explosive altcoins can lead to overconfidence while waiting for them to soar. This mindset is best avoided; it is akin to gambling and has nothing to do with investing.
Every bull market will give birth to many altcoins that will 'cut leeks' (a term for exploiting naive investors). These altcoins often have strong hype and seemingly powerful backgrounds, with rapid increases. Please resist the temptation; only after the tide recedes will you know who is swimming naked. When BTC crashes, and a bear market arrives, these altcoins often suffer severe losses and may even approach zero.
If you cannot resist the temptation, you can only use a very small amount of funds to play. Even if you make a small profit, do not get overconfident and heavily invest. Never, never, never do this. This is gambling, and you can't always rely on luck. I’m not worried if you make a hundred times; I'm worried if you lose just once, losing all your capital. Do not fantasize about heavily investing in an altcoin and getting rich; this is akin to dreaming of winning a lottery, which is a super rare event. Small amounts can be played for fun, but treating it as an investment is a huge mistake.
4. More patience, less impulse.
After buying in a bear market, you need to patiently wait to sell in a bull market. Do not make trades based on the ups and downs during this period; patience is required while waiting.
After selling in a bull market, patiently wait for the bull market to collapse and enter a bear market. This may take one or two years. Do not impulsively buy at the halfway point or the foot of the mountain; patiently wait for the moment it falls to the bottom.
After selling for a profit in a bull market, do not give in to the temptation to impulsively play with altcoins. If you really want to gamble a bit, only use a maximum of 10% of your funds.
5. Your capital is always the most important.
If you accidentally make mistakes and get stuck, preserving your capital is the most important thing. When the crypto market collapses, it's crucial to cut losses in a timely manner and protect most of your capital. There is still hope for a comeback. Be patient and wait for the crypto market to fall into the abyss, and then use the remaining capital to buy at the bottom. Don't get stuck and go down with the market; often, if you sell a stuck coin before the market crashes, you will only lose up to 50% of your capital. If you ignore it and let it fall, holding on until the bitter end, when this coin hits the bottom with the market, your remaining capital will have almost no chance of recovery.
