Two More Traps in a Bull Market:

1) Long-term thinking: Hold onto cryptocurrencies;

2) High leverage operations;

The reason you can't hold onto cryptocurrencies with a long-term mindset is that many people rush in during the peak of altcoin season, at which point the market value of cryptocurrencies is deviating from its normal state. You can hold onto assets during a bear market, but not during a bull market.

A bull market requires short-term speculation. For me, I would now enter some low-value cryptocurrencies that haven't risen. For those that have already increased, I would exit linearly.

On the other hand, high leverage operations are inadvisable because the volatility in a bull market is too great, making it easy to get liquidated.

The previous two traps, ignoring them will lead to regret:

https://x.com/dwj_eric/status/1868790942154797188