Don't be afraid of being trapped in a bull market!
This morning (UTC+8), $BTC peaked around 90,000, and I see many people starting to turn bearish, believing it will pull back to 80,000. Many influencers advocate emptying positions at high points, but I want to emphasize one thing here: never empty your positions in a bull market. Don't be afraid of being trapped; if there's a sharp drop, decisively add to your position in batches. I'm talking about spot trading, not contracts.
Those who achieve great results in a bull market are the ones who hold their positions without moving. Don't worry about whether there will be a pullback; just hold your spot and wait for prices to rise. It's confirmed that we are in a bull market; if you empty your position at a high point, when will you buy back at a low point? At what level will you re-enter? Many traders want to buy at a lower price and often miss out on a surge, then when they miss the low price, they feel they should buy at a high price, thinking they are losing out, and just keep watching, missing the entire surge. These people often can't help but buy back in and then get trapped at a high point.
Since we know we are in a bull market, buy and hold your positions with peace of mind. From March to October, we've experienced over seven months of a deep winter; don't fall down before dawn. Most of the altcoins I was trapped in back in March have basically recovered, with losses of over 50% being made back (before March, it was a Bitcoin bull market; altcoins weren't crazy), so why fear a slight pullback in a great bull market? If you are a swing trading expert and can accurately grasp entry and exit points, then you don’t need to hold positions all the time; otherwise, it's better to minimize your actions.
In a bull market, the operators care more about the price than we do; otherwise, how would they unload their positions?