Hey, if you're catching your first bull market in life, you better listen to me talk about these super important points, just like a novice guide in a game, remember them well and you won't go wrong!
First of all, don't panic during a big drop in a bull market; this is not the end of the world but rather the 'boarding coupon' given to you by the wealth god, a fantastic opportunity to add to your position! Don't cry and wail when the market drops, instead, excitedly shout: 'Wow, I can buy in at a lower price again!'
Secondly, don't be like a hyperactive child, frequently switching coins. If the coin in your hand hasn't taken off yet, you can't rush to ditch it. Be like a patient fisherman, firmly holding the fishing rod, waiting for the fish to bite, oh no, waiting for the coin price to soar.
Furthermore, don't engage in a 'wide net' investment strategy, as if you're just scooping up small fish and shrimp. Pay attention to those hot sectors, but don't randomly buy a bunch of useless things in one sector. You need to focus on leading coins and then strike hard, just like concentrating firepower to attack the enemy's main force in a battle, that's the way of smart people.
Finally, don't forget to timely harvest a portion of your victory fruits and securely lock up the profits first. Let the rest continue to frolic and rise in the market. When that mischievous drop comes one day, quickly add to your position to lower your average cost, and wait for the next wave of wealth to lift you high. Remember these points to ensure your bull market journey is steady and goes 'bullish all the way'!
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