The bull market is likely to go through several phases:
1. BTC dominance rises, altcoins suffer, BTC remains strong.
2. ETH takes over and skyrockets, hot altcoins rise alongside Ethereum, such as L2, blockchain games, metaverse+, new public chains, and other sectors.
3. All coins rise, a scenario where assets double overnight, MEME performance season, various low-quality coins, and scam coins rise to the point where you question life; FOMO reaches its peak.
4. A complete collapse, major coins significantly retrace, and altcoins plunge.
When we trade, we must determine the direction,
what the entry conditions are,
how much leverage to use,
whether to buy all at once or in batches,
whether the leverage can withstand the fluctuations during the operation period,
where to set the stop-loss,
after buying, if stopped out, what percentage of total capital is lost, and how many consecutive losses the total capital can endure. These are all things to think about before you open a position.
If you understand nothing,
then you can only enter feeding mode: provide entry points, profit-taking points, and stop-loss points.
Strictly follow the strategy; only then can you profit in the long run. Your losses do not benefit me at all.
Just like this fan below, who traded with me for less than two months and turned 7-8 times. By strictly following my strategy, you can also earn a fortune like him.
Friends who are currently confused about trading, comment 111, this round of bull market will help you get rich.
