My strategy is: to exchange altcoins for BTC at a high position, and then wait for their pullback to significantly exceed BTC before exchanging back to BTC, making a profit on the exchange rate, and in the meantime, I can also change the asset type.
What are the benefits of doing this?
One point is that in a bull market, I don't exit, I only change vehicles, optimize, and focus on exchange rates;
Another point on the psychological level:
1. With BTC in hand, I can understand the overall market state through the fluctuations of BTC and by trading altcoins;
2. With spot assets in hand, my strategies will revolve around how to catch the bottom and how to manage the exchange rate between BTC and altcoins, rather than focusing on contracts, especially shorting;
3. Imagine if you perfectly cleared your BTC and altcoins above 100,000, have you caught the bottom now? Would your sensitivity to the overall market and your psychological perception of the market be the same if you had assets in hand?
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