What is a real bull market? What is an altcoin season?
It's the kind where you can make money just by diving in without thinking
The market share of $BTC is compressed, and the market value of altcoins strengthens
Usually, during such times, it is necessary to pay relative attention to risks
When prices rise, you need to control the profit-taking cycle. If you are not holding low-priced assets, do two things:
1. Heavily invest in short positions, reap daily gains
2. Hold small positions well, and buy more on dips
Aside from that, hold low-priced assets well and reduce your positions when profits double! Keep your principal intact!
While friends are making money, we should not be ambiguous
Looking back, when it’s time to avoid risks, don’t get too carried away
The bull market is definitely not over, but the market value trend of altcoins speaks for itself:
The red line has already broken through the March high, can it reach 2021? It’s probably still difficult
Currently, considering various types of cryptocurrencies, with such a broad rise, it indeed needs to awaken rationality
Last week I suggested increasing positions in altcoins in conjunction with Ethereum
This week, I believe it’s necessary to reduce positions in conjunction with Ethereum
Optimize to some mainstream assets, with strong narratives, that can resist risks
This is what is referred to as reducing profits!
Before the year ends, experiencing one drop and stocking up again, is the best thing to do for next year’s phased profit-taking.