BTC is in a bull market, and the first thing to do is to understand the importance of core assets. For mainstream currencies such as Bitcoin and Ethereum, their position allocation should not be less than half of your total position. They are not only the vane of the market, but also the cornerstone of your asset appreciation.
Time is Bitcoin's ally, but for many altcoins, it is a ruthless enemy. The value of Bitcoin lies in its scarcity and stability, which can stand the test of time; while altcoins often rise and fall rapidly due to the shift of market hotspots, and it is difficult to last.
The rise in the bull market often does not require too much value support, but only a reason that can ignite market enthusiasm. But remember that investment is not gambling, and don't blindly chase the rise.
For altcoins, don't blindly believe in their so-called "beliefs". In the market, benefits and risks coexist. Once you find that the value foundation of altcoins begins to shake, or its innovation power is exhausted, you must decisively cut your losses to avoid further losses.
The value of altcoins lies in their continuous innovation, but once innovation stagnates, their value will quickly collapse. The value of Bitcoin lies in its immutability. Even if it is locked in the short term, there will always be a day to get out of it.
When playing with altcoins, be sure to keep a clear head. They often lack sufficient defensive capabilities, and once the market turns cold, the decline will be bottomless. Therefore, when investing in altcoins, be sure to do a good job of risk management, take the initiative to miss opportunities, take the initiative to sell, and be able to buy and sell.
After being trapped, the biggest cost is often not the loss of money, but the missed investment opportunities. Therefore, in the investment process, we should not only pay attention to the current investment returns, but also pay attention to the overall investment portfolio and opportunity costs.
Please follow me, please read the comments to find an assistant, join us to provide free live guidance every week to help you better master relevant knowledge and skills.
