7 Major Experiences Summarized from Hard Work
1. Once a bull market begins, it will definitely not end easily. Therefore, the initial large fluctuations and major corrections are meant to clear out the long leverage. Don't be afraid; maintain a good mindset.
2. Be sure to manage your positions well and lay out several mainstream value coins you are optimistic about. So either don't buy, or if you do buy, you must hold firmly. Eventually, your coins will rotate; even the worst coins in a bull market can multiply five or ten times.
3. Don't always think about short-term trading—buying high and selling low. Once you get off the ride midway, you'll find it hard to get back on. Playing short-term may not be as profitable as just holding still; once you get off, it's tough to get back on.
4. In a bull market, there are often many spikes. Do not go all-in; otherwise, you won't have the opportunity to enter during a major correction. Each time there is a drop of over 20%, make sure to enter in batches.
5. The market always rises amidst divergences. What many people criticize is often an opportunity, while when everyone is optimistic, it may actually be a risk.
6. Every time there is a market correction, there will be widespread panic. People say the bull has run off, but the truth is that it usually takes at least three or four major corrections before a bull market can end. So don't be afraid.
7. Don't always think about short-term trading—buying high and selling low. Once you get off the ride midway, you'll find it hard to get back on. Playing short-term may not be as profitable as just holding still.
As long as you can hold on and you are not holding garbage coins, even the worst will double or triple.
🔥🔥🔥🔥 Follow me for more coin trading experiences
