1. Long-term positions can be entered when the market is falling and can endure endless fluctuations and roller coaster market conditions. In a bull market, due to abundant liquidity, breakthroughs after adjustments are generally true breakthroughs, and there are fewer false breakthroughs like in a bear market.
Long-term positions are only suitable for spot trading. Trends can be long or short, and can be a few days, a few weeks, or even a few months.
2. Long-term spot positions are best dispersed in 1-3 targets, with 3 being the best. Don’t be too single, nor too dispersed. Holding too many or too few targets will have a certain impact on your mentality during the holding process. Before opening a long-term target, you should spend enough time analyzing it. Once the position is established, you should be as still as a mountain. No matter how crazy the outside currency rises, don’t be greedy. The bull market will rise. How much it rises, or whether it rises first or later, is a matter of taking only one scoop from the vast ocean.
3. In a bull market, developing the habit of taking profits in batches will help cultivate a good mentality. Don't have the mentality of missing out on opportunities and earning less. However, there are still some ideas to refer to for escaping the top, such as whether the current market value ranking of the currency is reasonable, whether there is an accelerated rush to the top, and whether the market has peaked. Escaping the top is still a very difficult thing. Keep a calm mind and accept the so-called less profit. There is no shortage of opportunities in the market. If you miss this target, there are other targets.
The idea of doubling the principal is to withdraw the principal after a copycat doubles, and then hold on to it firmly, and then use the principal to layout the next copycat, and continue the cycle, by casting a wide net and not stopping profit to grab the rising coins.
Based on my long-term observation of some currencies, I summarized the styles of these currencies. I tried to ambush the currencies that like to follow the big cake to pull the market, rather than the currencies that start after the big cake pulls the market. Then, after these currencies have risen sharply, I sold part of my positions to ambush the newly launched currencies. In the context of a bull market, many large funds will be eager to enter the market and choose the target of pull-up, but the bull market is short and there is not enough time to absorb funds. They can only grab funds from retail investors by pulling up, and then wash the market at a relatively high level, and then pull the market frantically, so observation of the market is crucial.
Finally, two extremely important reminders:
A bull market only occurs once every four years, and the time of chaos is only a few months. We must cherish it very much. On the premise of ensuring the safety of large funds, we must work hard with heavy positions. Everyone comes to this circle not just to make hundreds of thousands of dollars a year for living expenses.
The following are the original words from Qingze's "A Dream in Ten Years": Facing major historical opportunities, you only made a little money in a sharp trend. This mistake is unforgivable. If you don't make the money you should make, you will be very sad in the days ahead.
Taking profit has always been a century-old problem that has troubled retail investors. No matter what, you can't sell at the highest point, so don't be anxious about "making less money". A calm mind is the most important part of the trading process.
Long-term recommendations for these three
LPT
In March, the highest price was 27u. Since the overall market fell in April, its price has dropped to 9u, but it has rebounded strongly to 25u in this round of rising prices, which shows the strength of the dealer behind it.
Fundamentals: The current market value of LPT is 694 million US dollars, the number of tokens is fully circulated, and its AI video is about to be released, so there is great room for future development!
TNSR
Both the founder and CEO of Sol are involved, and its market value is only 163 million US dollars. It has the potential to be as high as RNDR last year, and it may increase by more than ten times!
TREES
BOME and BOOK OF MEME (BOME) have attracted a lot of attention from investors with their unique combination of meme culture and blockchain technology. The token is not only interesting, but its value has also achieved amazing growth in the past year, with an increase of 1093%. Although it may experience market adjustments in the short term, BOME has great potential for growth in the long run.
If you like spot trading, want to roll up funds together, and want to stock up on bull market spot trading, click on the avatar, follow me, and share for free. I’m waiting for you in the circle!
