How to allocate funds during a big bull market, how to escape the peak???
As a seasoned veteran in the crypto space, having experienced three rounds of bull and bear markets, I have summarized some insights and experiences. The upcoming super bull market will refresh your worldview more than any previous one. Here are the things you need to do and your asset allocation:
Before we begin, a key reminder:
(Don't invest with borrowed money, putting yourself in deep trouble. Always invest with spare cash, stay away from contracts and various funding projects.)
1. Buy and hold, keep your valuable coins, buy low and sell high. Withdraw as soon as you've made the expected profit; don't be greedy, and don't sell just to buy back in.
2. Stay away from contracts; the market makers can accurately trigger liquidation. Don't entertain any lucky thoughts.
3. Asset allocation: 70% in valuable coins, 20% in liquid funds for trading, and 10% for leverage. If you have bought valuable coins and are optimistic, using 3X leverage has a low risk of liquidation, which enhances compounding. New investors are not advised to operate this way.
4. Minimize viewing and action; don't panic and cut losses at the slightest market fluctuation. As long as we are in a bull market, fluctuations and corrections are normal phenomena.
5. Don't listen to others about contracts or investments claiming to make money. In a bull market, all sorts of scams can emerge, and one careless move could turn you into collateral damage.
6. Keep an eye on the project dynamics and developments of the valuable coins you own. In a bull market, there will be significant movements, and understanding these can help you operate better.
Finally, I remind you that Bitcoin is likely to continue breaking through the 100,000 to 150,000 range. At this point, you should sell while prices rise and reduce your holdings. If you've made money, you should definitely take out half; continue to sell as prices rise. Don't be greedy. This is years of experience. If you can't precisely escape the peak, retreat within a reasonable range. It's not easy for gold to cycle every four years; no one knows how the next cycle will develop. After all, those who make money in the crypto space must eventually cash out, right!!!