In a bull market, what should our operation strategy be?
First, we should make it clear whether the target of our investment is long-term, medium-term or short-term.
If it is a medium-term investment, then we should be patient and wait for the full outbreak of the bull market trend, and not be disturbed by short-term fluctuations.
Whether it is a bull market or a bear market, there are opportunities for short-term trading. It is important to realize that not all coins will fall in a bear market, and not all coins will rise sharply in a bull market. The market is always full of fluctuations and shocks.
A common phenomenon, and the main reason for many spot players to lose money, is that they intend to do short-term trading, but when they see the market continuing to rise, they want to turn it into a trend investment because of greed, which leads to confusion and unclear positioning at the trading level, which in turn leads to profit taking or even being trapped. Therefore, when doing short-term trading, we should not pursue the pattern too much, but should take profit as the primary goal and lock in profits in time.
There are short-term opportunities at any time, but short-term trading must not be passively transformed into medium- and long-term investment.
Finally, whether it is medium- and long-term or short-term investment, it should be decided according to one's own ability. The one that suits you is the best. Don't be stubborn in trading. Once you find a mistake, you should adjust it immediately. It is a taboo to fight with the market, especially in the wrong direction.
The current market has entered a very critical period, and the test is coming. You must be able to endure suffering, quilts and losses, but also be able to enjoy profits. Don't just endure the pain without being able to enjoy the joy of success.