Core of Making Money in a Bull Market: Seize Opportunities and Dare to Persist
Many people have a deep understanding of the market and can judge when assets are undervalued, but ultimately fail to make big money. The core reason lies in the fear of drawdowns, leading to premature exits during the early stages of the market, missing out on the huge gains from subsequent main upward waves. Those who truly make money in a bull market are often those who dare to seize opportunities and stick it out until the end.
1. Why do many understand a lot but fail to make money?
• Fear of Drawdowns: Short-term market fluctuations create psychological pressure, worrying that paper profits will turn into losses, leading to premature profit-taking.
• Insufficient Patience: Main upward waves usually require a longer holding period; frequent trading instead weakens returns.
• Over-Diversification: Trying to spread resources too thinly across too many assets makes it hard to seize the biggest opportunities.
2. The Real Way to Make Money: Seize the Main Upward Wave
• Identify Opportunities in Main Upward Waves:
• Focus on assets that have dual resonance in fundamentals and technical aspects.
• Pullbacks of strong coins in a bull market are often entry opportunities.
• Be Brave with Heavy Investments:
• Seize a certainty-high asset, concentrate resources, and avoid diluting returns through diversification.
• Be Patient and Persistent:
• Do not exit easily due to short-term drawdowns before the trend is broken, hold on to the huge potential for future gains.
3. The Mindset for Making Money in a Bull Market
• Expand Your Perspective: Do not let short-term fluctuations disrupt your long-term strategy; trust in the power of the trend.
• Be Brave to Bet: A bull market is a rare certain opportunity; daring to heavily invest in a good project can amplify returns.
• Control Risks: Even if you are confident in the trend, you need to set reasonable stop-loss levels to avoid unexpected risks.
Conclusion:
Those who can make big money in a bull market not only need vision and judgment but also require patience and confidence. Seizing opportunities in the main upward wave and sticking to positions until the trend ends is key to wealth accumulation. Do not give up long-term gains due to short-term fluctuations; this is the winning strategy in a bull market!