In a bull market, how to proceed step by step to ensure asset growth!

1. Double, gradually sell out the principal

The main purpose of doing this is to reduce the psychological cost to zero, which alleviates mental struggles, making it easier to hold on.

If it drops, the principal has already been taken out, and what remains is profit, so it’s just a matter of how much you earn.

If it rises, there’s still more than half of the chips left, still making a profit.

2. Do not completely liquidate good assets in a bull market; you must keep some base assets

After completing the first step, the remaining base assets have no cost. If the price continues to rise, you can gradually reduce your holdings, but do not liquidate completely. Because after completing the first step, you will have a proactive mindset, making this step easier to execute.

3. Keep the cycle going, allowing assets to continuously grow

With the foundation laid in steps 1 and 2, you still have chips in hand. Wait for opportunities to buy good assets. If good assets rise, then continue the cycle according to steps 1 and 2.