Only trade twice a year?
"Men, visit Hailan Home twice a year." This is a classic advertisement slogan.
In fact, in the cryptocurrency world, you only need to buy twice a year: once during the large drop before the New Year, and once during the large drop at the end of June. However, it is often during these two large drops that the most people cut their losses and exit the market.
No matter how much the cryptocurrency market may drop next, I will never choose to liquidate my positions at this time. On the contrary, my positions will only get heavier. By the end of July, I will definitely increase my positions to 80%, leaving only 20% outside to sustain a year’s living expenses during the downturn.
Drops are meant to be bought; even if there is no more money to buy, one must endure. The more the market is sluggish, the less one should liquidate and wait on the sidelines; only during an upswing is it necessary to gradually exit.
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