Note: This article comes from @0xNing0x Twitter, and Mars Finance compiled it as follows:

Meditation Literature--How should retail investors grasp the bull market in the next two years🧙‍♂️

According to the Merrill Lynch clock, we (using the old U.S. economy as the judging standard) are about to enter a recession from stagflation. The performance of the financial market at this stage is the early recovery of risky assets under the expectation of interest rate cuts. This is one of the core factors that triggered the current rise in our crypto market and Nasdaq index.

Looking back at the historical data of Merrill Lynch's clock cycle since the 21st century, the financial market is prone to black swan crises between the confirmation of recession and the official rate cut. It is this industry consensus that has caused a large number of institutions to miss out on this round of bull market since October.

However, although the black swan that is likely to occur in 24 years will clear out many people's contract accounts and cause large red numbers in our investment portfolio PnL, it does not affect the arrival and development of the two-year long-term bull market.

Therefore, at the end of 23 years, it is necessary for us to plan how we will invest, manage finances and trade in the bull market of the next two years.

So, I followed Authur's meditation and got the following three investment insights:

1. Steadily expand your personal balance sheet in a Web3 Native way

Looking back at the rapidly rising tycoons SBF, Dokwon, and Suzhu in the last bull market, one of their main tricks was to expand their balance sheets through DeFi lending platforms.

For example, stake ETH in AAVE, then use the staked ETH as collateral to withdraw a high proportion (80%) of ETH, and then invest the ETH into new narrative assets with potential Alpha returns.

The advantage of doing this is that you can obtain the Beta returns of ETH while capturing the Alpha returns of new narrative assets.

The disadvantage of doing this is that it places extremely high demands on portfolio allocation and fund management.

2. Reduce the frequency of transactions, be patient, and hold your portfolio for a long time

Last week, I used the backtrader library to conduct a comprehensive backtest of the trend strategy, regression strategy, and long-term holding strategy of BTC, DOT, and Doge in the last bull market. As a result, the long-term holding strategy was far ahead of the trend strategy and regression strategy.

I think the same result will occur in this bull market.

After building an investment portfolio according to the above method, you should watch more and act less, and learn to buy when no one is interested and sell when there is a lot of demand.

3 Cancun upgrade will become the super narrative main line in 24 years, now is the historical time to buy ETH

This point is consistent with what Xiaohei and I have learned. The Cancun upgrade will allow the market to refocus on Ethereum and its ecological projects. ETH will rise to more than $5,000 amid the hype of the Cancun upgrade and exceed $10,000 within the year.

that's all.