This is wisdom will only makes sense to people who have lost money in previous bull cycles. In spot trading, the bull run is when you sell. Not when you buy.
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ććŻä¸ćŹčŞ Satoshi Nakamoto
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In a bull market, there's no need to panic; holding onto your coins steadily is true wisdom. When trading coins, the biggest fear is two wordsâgetting too excited. Especially in a bull market, watching a coin multiply several times makes you wonder: should I chase it? Did I sell too early? But the more you feel this way, the more you need to stay calm. Experienced traders know that in a bull market, patience pays off; it's in a bear market that you should make your investments.
1. Donât let the anxiety of âselling too earlyâ control you. Watching a coin that has multiplied several times can make you want to hit your thigh in frustration, but you must understand that the market always rotates. A coin that has risen 5 times or 10 times may still have a lot of chips held by the market makers. They may not continue to push the price up, and even if you chase in, you could very well get trapped. The money made in a bull market should be secured, not risked further.
2. Diversify your investments; donât be greedy with heavy positions. Those who heavily invest in a single coin, hoping for overnight riches, are often the ones being played by the market makers. The ones who can steadily make money are those who diversify their holdings, giving themselves more opportunities. Take my friend's approach: in a bear market, he buys established coins at low prices and waits for them to rise during a bull market. Once they reach a certain level, he sells and never looks back at the USDT he sold.
3. In a bull market, sell but donât buy; hoarding coins is for a bear market. In a bull market, buying wonât yield much profit, but selling can help you secure your gains. So, donât chase the price up and down with the USDT you have sold. In a bear market, slowly buy back in 2026; after this cycle, beating 99% of people is not a dream.
4. Execution is key. This strategy may seem simple, but most people struggle to follow it. It requires strong execution, especially in the face of market fluctuations, to operate according to plan rather than being led by emotions. New traders are the most impulsive; the newer you are, the more you need to learn to âendure.â
A bull market is summed up in one word: endure. Donât let the ups and downs disturb your mindset. Selling too early is not scary; getting trapped is what hurts. Remember, in a bull market, you only need to do one thing: protect your profits and donât chase after trends.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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