According to historical experience, during a bull market, holding long-term positions and maintaining a high position is two core strategies to reduce mistakes and maximize profits.
Firstly, the increases during a bull market often exceed expectations, especially in the main upward wave phase, where short-term gains may surpass long-term accumulated growth. This is known as "high risk, high reward". Therefore, as long as the cryptocurrencies held do not show signs of accelerating towards a peak, one should not easily change positions or exit the market. Historical bull markets have repeatedly proven that frequent trading is a taboo in a bull market; once the rhythm is wrong, one can easily fall into the trap of chasing highs and cutting losses.
Secondly, in a generally rising market, each operation has a higher margin for error. During such a time of high win rates and high returns, the correct approach is to make full use of the available funds, allowing them to generate as much profit as possible for you. Therefore, maintaining a high position is crucial. Of course, to cope with market volatility, one can retain a portion of flexible positions while maintaining a high position to adapt to market changes and adjust the holding structure.
