Getting rich overnight doesn’t happen, but it can happen within a year. The BRC20 ecosystem will change the lives of every participant. The bull market always starts quietly amid doubts and ends abruptly at its climax.
After sealing my other BTC, I used about 30,000 U as the principal, which reached 300,000 U today. The operation paths were $BTC, $ORDI and $SOL. Therefore, I summarized the following points, hoping to help friends in need.
Tip 1: Stick to your low-price chips
Don't be easily swayed by market temptation or panic. Be careful of the manipulation of bankers, who may induce retail investors' trading decisions by knocking on the market.
Advice 2: Avoid blindly chasing ups and downs
A full-position entry and exit is a high-risk strategy that must be avoided. However, entering in stages during a market downturn may reduce risk and increase potential profits.
Tip 3: Allocate funds rationally
Manage your funds and profits wisely. Don't keep increasing your investment, but learn to allocate it reasonably at the right time.
Tip 4: Stay calm and rational
When the market fluctuates drastically, it is crucial to keep a calm mindset. Avoid speculative behavior, maintain a patient and non-greedy mindset, and do not take risks without adequate preparation.
Tip 5: Choose your investment strategy wisely
In the secondary market, never go against the trend and do not have a gambler's mentality. Manage your mentality and strategy. All actions should be based on analysis of technical and news aspects, rather than simply relying on the movements of dealers or personal intuition.
Tip 6: Operate in layers and segments
Never go all in with a full position. Use the smallest position to test the market. When building or selling a position, using a layered and segmented approach can help you better control risks and profits.
Tip 7: Understand market linkage effects
Each currency in the crypto market does not exist in isolation. There are complex interrelationships and influences between them. Understand these relationships in depth and use a variety of information tools to guide your investment decisions.
