There are many rules for making money in the bull market of the cryptocurrency circle. The following are 15 key rules summarized to help brothers achieve steady returns in the bull market:
Paper gains are not real: Paper gains are only imaginary values, and they are not considered real gains until they are actually sold. Therefore, investors should remain calm and not be blindly optimistic or make impulsive decisions due to paper gains.
Be careful when choosing altcoins: The altcoin market is volatile, but not all altcoins can bring rich returns. Investors should carefully screen and choose altcoins with potential and strength for investment.
Avoid greed: Greed is the enemy of investment. Investors should set reasonable profit targets and exit in time after reaching the targets to avoid missing opportunities or falling into losses due to greed.
Don’t borrow money to invest: Borrowing money to invest will increase risk. Once the market fluctuates, investors may face huge repayment pressure. Therefore, it is recommended that investors use their own funds for investment.
Plan your exit strategy in advance: No one can perfectly grasp the market top, but investors can plan to exit within the top third of the cycle. This can ensure returns while reducing the risk of market declines.
Consider downside risks: While pursuing upside potential, investors should also fully consider downside risks. Optimize investment strategies to ensure that they can withstand the worst-case scenario.
Keep a long-term perspective: Don’t get lost in the short-term hype, but take a step back and consider the long-term picture. Is a multi-year trend more likely to continue or reverse? This helps investors make more informed decisions.
Focus on market segments: There are many areas in the crypto industry, and investors should focus on market segments that they are familiar with and grasp market dynamics and trends.
Develop good wallet usage habits: Diversify your assets into multiple wallets or centralized exchanges to reduce the risk of a single wallet being stolen or an exchange going bankrupt.
Avoid chasing the "catch-up game": Retail investors are often keen to chase hot currencies, but in the long run, this is almost always a losing strategy. Investors should stick to their investment strategies and not be affected by short-term market fluctuations.
Analyze the ALT/BTC trading pair: If your active portfolio is not outperforming BTC, reevaluate your strategy. This helps investors understand their relative position in the market and make adjustments accordingly.
Follow the general trend: In a strong trend, it is best to follow the general trend to invest. It only makes sense to invest against the trend at a macro turning point. Otherwise, investors may face greater market risks and losses.
Seize opportunities: The market does not care about your profit or loss, but investors should learn to seize opportunities and enter and exit the market in a timely manner. This requires investors to have keen market insight and judgment.
Accept losses: Investing is risky and losses are an inevitable part of the investment process. Investors should learn to accept losses, learn lessons from them, and constantly improve their investment level and ability.
Build a network: Stay connected with other savvy investors and crypto fans to share market trends and investment opportunities. This helps investors broaden their horizons and gain access to more valuable information and resources.
In short, making money in the bull market of the cryptocurrency circle requires players to have keen market insight, a sound investment strategy, good risk management skills and continuous learning ability. By following the above 15 rules, players can achieve steady returns and reduce risks in the bull market. #牛市法则 #交易秘籍 #牛市到来
