How to sell in a bull market? The most effective principles and mindset for bull market positions

1. Doubling or more, gradually cashing out the principal

The main purpose of this step is to bring the psychological cost of the tokens to 0, so there will be less mental struggle. If the price drops - the principal has already been taken out, and the rest is all profit; it's just a matter of how much profit. If it goes up - there are still more than half of the chips left, which is great.

2. In a good bull market, never sell everything; you must keep a base position

After the first step, leaving a base position is essentially at 0 cost. If the price continues to rise, you can gradually reduce your holdings, but you still cannot sell everything, because it's hard to imagine what the future will look like.

3. Keep the cycle going, try to have multiple good positions

Some may argue with me that in a bull market, you should heavily invest in one asset. Heavily investing in one asset comes at the cost of acknowledging significant psychological exhaustion, which can easily wear you out.

I believe this set of principles is suitable for the vast majority of people. The core of this set of principles is to keep you in a healthy mental state at all times, bringing the token chip cost to 0, while often keeping a portion of USDT to look for the next opportunity #BNBChain生态MEME币发力 #比特币盘整分析 #XRP市场价格动向 #币安HODLerTHE #美国GDP数据即将公布