Early stage of bull market
In the early stage of bull market, generally there will not be simultaneous rise, and it is basically a pattern of sector rotation.
At this time, rotating between different sectors can significantly improve the efficiency of profit.
But this requires particularly rich experience. For ordinary investors, it is also a good choice to identify a track or a coin and hold it.
This is just theory. In practice, it is often like this:
In the early stage of rotation in the bull market, it is not easy to outperform the general trend, because many people chase the rise and sell the fall, so they are at a disadvantage in the rotation.
In the early stage of the bull market, many coins underperformed the market, and the bear market mentality did not dare to increase positions, so many people did not make money at this stage.
The two most important points in the early stage of the bull market: identification and coin selection.
When the bull market develops to the middle and late stages, it is no longer possible to follow the early strategy. Let's talk about it then. #BTC