2024/9/29
1.Adjust positions
People who usually stay in the market at this time
Most of them are old leeks that have been in the market for a long time.
I have some altcoins in my hand that I have held for a long time.
I think the first thing to do at this time is to adjust the position
Put the coins in your position that are going to rise or not
Clear it all and switch to a currency with good fundamentals + strong K-line
Usually people have a state of mind
Just holding a coin that has fallen a lot
I think they will go back to the previous price in the bull market.
But this is wrong. What’s more, it is a permanent trap.
And this part of the trapped funds has lost many opportunities.
2. Find hot spots
Bull market and bear market are different
There will be many opportunities to make money in the market
Diligently looking for hot spots and sector rotation
Your benefits will be far greater than others
For example, moodeng is a recent living example.
If you diligently observe market dynamics
You will find this opportunity to make money easily
3. Let profits fly
The second difference from the bear market
It’s the logic of making money in a bear market
When you come to the bull market, it will be very easy to sell out.
Because bull market rises are often illogical
Even a sharp rise with almost no correction
Here moodeng is also an obvious example
At this time, we usually need to have a logical plan to stop profit.
You can't sell it and you can't get it.
There are many logics for taking profit
But the only thing that remains unchanged is selling in batches
If you don’t sell out all at once, it won’t be easy to sell out.
For example, moodeng, my personal logic is
I observe that the popularity is expected to increase.
Then I will probably keep most of my positions until I go to a major exchange.
The first time is when the popularity is enough and the first 20% will be released.
There are many ways to judge the heat here.
For example, being in the news, the level of FOMO among group friends, and the market value
The second time is to go to the major stock exchanges and then sell 30% if OK
Same as expected plan
The third time is to see where the popularity goes and then 30% will be released.
Like Binance, the popularity may have cooled down.
The remaining 2 achievements will be reserved for Mad Cow and will be released slowly to prevent them from selling out.
But we should also adjust the profit-taking plan according to the situation and the popularity.
Finally, I wish everyone a fortune in the bull market!
