A few thoughts on this bull market, with some valuable advice at the end
Don't be fooled by many teachers shouting about a raging bull market every day,
when this bull market ends,
many people will directly lose money and never be able to enter the circle again.
The difficulty of secondary operations in this bull market
is epic,
medium to long-term and short-term trading is very hard to play.
If one day there is a large-scale withdrawal of liquidity,
it could be more severe than 312, 413, or 519,
this is aimed at uprooting the retail investors completely.
So:
1. Don't use leverage
2. Don't go all in
3. Always set stop-losses
4. Don't get overly excited
5. If you get a chance to make a profit later, don't be greedy, withdraw in batches
6. Don't blindly trust teachers, they might be losing more than you, maintain your own judgment, and treat others' or experts' advice as supplementary reference
7. Money invested shouldn't affect your life; the tales of selling houses or assets to enter the circle with tenfold or hundredfold returns are all scams to deceive retail investors
8. It’s not that you can’t play now, but you need to maintain a clear-headed investment approach, lower your expectations for this bull market, and you might be able to profit when you exit, rather than being deeply trapped and regretting every day.
I hope every friend who reads this article can make money in this bull market.
If you like contracts, enjoy studying charts, and researching techniques, click on my profile, I have years of experience and tips in the crypto space, willing to share for free, I'm waiting for you in the circle, always online, welcome to discuss and improve together