[How I made 100 times my profit in the last bull market, some advice from a veteran leek in the bull market to newcomers...You can do these things too]
I have experienced two rounds of bull and bear markets. The characteristics of the bull market are summarized as follows:
1 Once the rise starts, it will never end easily. Therefore, the big corrections in the early stage are all to clear the long leverage. Don’t be afraid and keep a good attitude.
2. There are many injections in the bull market. If your position is not full, wait for a counterattack now. It is best if the market falls by more than 20 points and directly fill up with value coins. Otherwise, the position will be fully filled at high positions and you will be given a shot at every turn. Most of them No one can stand the retracement
3. Long-term funds should be deployed in several sectors as much as possible, because if you hold a full position in one sector, this sector will not move in the short term, while other sectors will rise all the way. This is the most uncomfortable thing. Once you pursue it, you will be trapped again, and the liquidation will take off again within a few days. I estimate that many people have encountered it, so either don't buy it, or if you buy it, you must hold it firmly. My most optimistic sectors are the AI sector, the gaming sector, and the Bitcoin ecosystem. You can plan your long-term allocation of funds. When your currency rotates, no matter how bullish the coin is, all the coins will increase by 5 times or 10 times. Except for a few large market capitalization coins, the new coins of Binance IEO in the last bull market have increased by at least 10 times, and many coins have increased by 10 times.
4. Don’t always think about selling high and buying low in the short term. Once the bull market starts, you will find that you can’t get on the bus at all. In the short term, 20% of the funds are used to play on hot spots, and 80% of the funds are defined as long-term.
5. In the last bull market, every time there was a major correction, the market would panic, and people said that the bulls had run away. At least this bull market would encounter three or four corrections of more than 20% before the bull market could end, and even if the bull market ended, it would not end. Generally, there will be a double-top market after an oversold rebound, so in fact, don't be afraid, you must have a pattern. As long as you can hold on to it and it is not a junk coin, no matter how bad it is, it will be five times or ten times, and finally adjust the position. Meme sector, let’s eat again. It’s not difficult to eat 20 or 30 times the spot price in a bull market.
