Mastering the bull market requires planned trading. I've always said that controlling position sizes and reducing to zero cost is not just talk. With a trading strategy, the key is to strictly execute it; this way, your returns in the bull market will definitely be good.
First, in a bull market, it's best to achieve zero cost. What is zero cost? For example, if you bought near comp71 and it rose to 144, selling your entire position at 140 means the remaining amount is pure profit; that's zero cost.
During the market adjustment these past few days, you don't need to panic, nor will you lose money, and you won't be in a rush to make hasty trades. Simply put, if the price rises, you still make money; if it falls, you won't feel the pain because your principal hasn't changed. That's the benefit of zero cost.
Second, don't sell all your good altcoins; low-priced tokens usually won't have a second chance unless there's a black swan event.
For example, our previous FET at 1.3, DASH at 35, PEPE at 115, and LPT at 11; unless there's particularly bad news, it’s hard to see such low prices again. It would be a pity if you sold all last week. As long as the coins you choose are good, it’s just a matter of time before they soar in a bull market. Selling prematurely is one of the most frustrating things in a bull market. To avoid selling too early, keep some base holdings, aim for zero cost, sell in batches, and hold some. It sounds simple, but I've been doing this system for three years, and executing it is the hard part.
No one has money to burn; doubling your position and chasing the next hot spot requires a plan to go further.
Third, when clearing your position, first sell half, then sell the rest; don't sell everything at once. No one can accurately predict market tops and bottoms. Pay attention to what was mentioned earlier; when to sell out will become clear to you.
In the crypto space, knowing when to sell is crucial for making money, and taking profits at the peak is a big deal in a bull market. Once the trend starts, no matter when you buy, it's just a matter of time before prices rise. There are many signals for the peak, such as trending on hot searches and altcoin speculation indices hitting new highs. If you reference this data to sell, you might not hit the highest point, but looking back, it’s likely to be a peak for that phase.
For the next layout direction, I will guide everyone to aim for lucrative opportunities in altcoins, especially those with high potential projects, where a tenfold expected return is not a problem. If you want to make big money in the bull market, like + comment, and I'll take you through the entire bull market!