How to Sell in a Bull Market? The Most Effective Bull Market Positioning Principles and Mindset

1. Doubling or more, gradually cash out the principal

The main purpose of this step is to bring the psychological cost of the token down to zero, which reduces mental entanglement. If it drops — the principal has already been cashed out, and what remains is profit, so it’s just a matter of how much you earn. If it rises — there are still more than half of the chips left, very pleasing.

2. In a good bull market, definitely do not cash out completely; you must leave some base holdings

After the first step, leaving a base holding itself is at zero cost. If it continues to rise, you can slowly reduce your holdings, but you still cannot cash out completely because it’s hard to imagine what the future will be like.

3. Keep the cycle going; try to grab multiple good tokens

Some people might argue with me that in a bull market, you should heavily invest in one token. However, heavily investing in one token comes with the cost of acknowledging significant psychological exhaustion, which can easily wear you down.

I believe this set of principles is suitable for the vast majority of people. The core of these principles is to help you maintain a positive mental state, bringing the token cost down to zero, while often keeping a portion of USDT on hand to seek the next opportunity.