Mid to Late Bull Market Reminder: Understand These to Avoid Liquidation

In the mid to late stages of a bull market, especially during altcoin season, once it begins, the market is highly volatile. Beginners should be cautious of the following points:

1. Never short-sell for the long term

• Bull Market Characteristics: The explosive power of altcoins often exceeds expectations, with price increases by multiples or even tens of times, making short-selling very risky.

• Worst Case Scenario: Blindly short-selling, thinking “after such a rise, it should fall,” but getting crushed by the market due to not using stop-losses, leading to liquidation.

2. Be cautious with short-term shorts

• Extremely Certain Opportunities: Only when there are clear signals of a market top and a defined stop-loss strategy in place can one attempt short-term shorts.

• If you don’t understand, don’t touch: If you don’t know how to identify opportunities or set stop-losses, it’s advisable to stay away from contracts; protecting your principal is the top priority.

3. Now is the time to position yourself

• Altcoin season is about to start: In each bull market, the window of opportunity for altcoin explosions is very short; missing the current low to position yourself could mean missing the entire trend.

• Strategy Suggestion: Focus on popular sectors, diversify into potential coins (such as DeFi, Layer 2, Metaverse, etc.), and avoid heavy concentration in a single asset.

Conclusion

In the mid to late bull market, temptations and traps coexist. Staying calm and operating rationally is the key to profit. Following experienced strategies to position in altcoins will allow you to seize the major trends of the altcoin season!