In a bull market, how to proceed step by step to ensure continuous asset growth!
1. Double your investment, gradually sell off your principal
The main purpose of this approach is to reduce the psychological cost to zero, minimizing mental struggles, so that you can hold onto your assets better. If the market declines, your principal has already been withdrawn, and what remains is profit, with the only question being how much you will earn. If the market rises, you still hold more than half of your chips, continuing to profit.
2. Do not completely liquidate good assets during a bull market; you must leave some core holdings
After the first step, the remaining core holdings themselves have zero cost. If the market continues to rise, you can gradually reduce your holdings, but do not liquidate everything. Since the first step has been taken, your mindset will be more proactive, making this step easier to implement.
3. Cycle through, allowing assets to continuously grow
After accumulating from steps 1 and 2, you still have chips in hand, waiting for the opportunity to buy good assets again. If good assets rise, you can cycle through using the strategies from steps 1 and 2.
If someone finds themselves confused due to market fluctuations, unsure how to handle being stuck, or feels misled during their operations, I am Brother Jiu, and I welcome communication.