Bull market profit secrets:
1. Once the bull market starts, the momentum is usually strong. Don't be afraid of a pullback in the early stage, but remember not to blindly go all in. The most feared thing is to encounter a big pullback after chasing highs, which is really frightening.
2. There are many twists and turns on the road to the bull market, and peaks are not uncommon. If you still have extra money on hand, you might as well wait for a rebound before making a move, so as not to accidentally hit the peak, which will be unpleasant.
3. Position management is the key. Don't put all your eggs in one basket. Diversify your investments in several sectors. In case a sector is temporarily dormant and other sectors are still rising, you will not be too passive. Remember, hold on patiently. In the bull market, even small currencies may have great achievements. Except for a very small number of large-cap coins, it is possible to double or even tenfold.
4. The market loves to move forward in disagreement. Some people are bullish and some are bearish. This is normal. If everyone is unanimously optimistic, you should be careful of risks; on the contrary, opportunities are often hidden when there is a lot of criticism. Look at the examples of arb and strk, and you will understand.
5. Don't always think about making quick money in the short term. When the bull market comes, you will find that frequent trading is not only tiring, but you may also miss the big market. Those who hold on steadily often have the last laugh. Therefore, sometimes "playing dead" is also a kind of wisdom.
