Undercurrents in the bull market: Beware of three risks: inferior projects, operational errors and market peaks
Risk minefields hidden in the bull market:
1. Inferior project traps:
In the bull market carnival, we must be wary of the risk of being harvested by inferior projects. Bull markets often give rise to a large number of unreliable projects, because market sentiment is high, investors become less rational and easily become "emotional animals". At this time, some people with bad intentions will take the opportunity to launch projects and use the frenzy of the market to easily raise funds, thereby increasing the probability of project running away, especially those "dog" projects that lack substantial support. Therefore, when investing in altcoins in the bull market, it is crucial to choose a safe, reliable and deep trading platform. Such a platform can filter out some unreliable projects, provide investors with an effective screening mechanism, and help us avoid these potential risks in the bull market.
2. Risk of operational errors:
During the bull market, the market fluctuates violently, and short-term operations often make people lose their way, lose chips, and even cause losses. Therefore, from the perspective of trading strategy, holding and sticking to currencies with core narrative value during the bull market cycle is the key to avoiding the risk of trading losses.
3. Market peak risk:
Many investors are most concerned about when the bull market will peak, because once the bull market ends, the real risk will follow and sweep the entire market. Therefore, how to successfully escape the peak before the bull market peaks has become the core issue to solve all risks in the bull market. I have discussed the logic and strategy of escaping the peak before, and plan to further optimize and sort it out in the future.