The simplest way to make money from cryptocurrency! Once you understand, it's like drinking water!! Rules for making money in a bull market, remember!
1. Once the rise begins, it won't easily end, so don't be afraid of the major corrections that happen in the early stages. Boldly enter the market; the most troublesome thing is to keep waiting for a lower point. The longer you wait, the higher it goes, and you'll miss the opportunity.
2. In a bull market, you should frequently make moves. If your position isn't full, try to wait for a pullback and go all in. Otherwise, you'll be caught off guard, and most people can't handle that.
3. You must manage your positions well; it's best to have layouts in several key sectors. If you put all your funds into one sector and that sector doesn't move in the short term while others are rising, it can be very frustrating. If you chase, you'll get stuck, and just when you clear out, that sector might take off again. Many people have experienced this, so either don't buy at all or, once you buy, hold firmly. Your coins will rotate, and even the worst coins in a bull market can see five to ten times their value.
4. The market always rises amid divergences. When a bunch of people criticize, that's often when the opportunity is most agreed upon, which can actually be a risk.
5. Don't always think about short-term trading with high sell-low buy strategies. Once you get off the ride, you'll find it hard to get back in. Short-term trading can be back and forth, but it’s often better to just sit back and let your investments earn.
6. Every time there's a pullback, the market will be filled with panic, and people say the bull has run away. The truth is that a bull market usually has to go through at least three to four major corrections before it can end.
So don't be afraid; you must have a broad vision. As long as you can hold on and you're not holding junk coins, even the worst can yield five to ten times their value. After a bull market, making two to three times your investment is truly not a big deal.