Summary of experience in the cryptocurrency circle: grasp the bull and bear markets, and make steady profits
I have been in the cryptocurrency circle for 8 years, and have made profits and losses. I have experienced ICO, Dogecoin, mining, etc., and witnessed several rounds of bull and bear markets. The only way to make steady profits is to buy in the bear market and sell in the bull market.
There are many opportunities in the bull market, especially in the middle and late stages of the bull market, when altcoins are flying around, and many altcoins have skyrocketed many times. At least 50%+ returns in each round of the bull market, easily outperforming other investments.
Only layout in the bear market: patiently wait for the bottom of the bear market, mainstream coins such as BTC and ETH are the first choice. Large funds enter.
Only buy mainstream coins: BTC and ETH are always the kings. Exchange platform coins such as BNB, strong basic chains such as SOL and AVAX, and excellent infrastructure coins such as MATIC. Do not hold a large position in altcoins.
Sell in the middle of the bull market, and do not operate again afterwards: grasp the rhythm of the bull market and do not be greedy. The plunge of BTC is a signal of the end of the bull market, and stop losses in time.
Do not gamble on luck: bull market speculation is easily attracted by altcoins, so be patient. Investing in altcoins is like gambling, be careful of being trapped.
Be more patient and less impulsive: buy in a bear market and wait, sell in a bull market and wait for a bear market. Stay calm and don't be greedy.
The principal is crucial: keep the principal when you are trapped and stop loss in time. Wait for the bottom of the currency circle before taking action, don't take risks and follow the trend.
Observe the market: always pay attention to market dynamics and adjust strategies. Don't blindly follow the trend, and have independent judgment.
In summary, the bull-bear trading strategy is simple and crude, but stable and effective. Grasp the bull market one by one and achieve stable returns.
As an investor who has been working in the currency circle for many years, I am willing to share my experience and insights with you for free. If you are interested in the currency circle, but don't know how to start, you might as well follow my homepage and discuss the mysteries and future possibilities of the currency circle with me. Click on the avatar introduction to find me.
