Three principles of not touching in a bull market.
With the rise of Ethereum, the altcoin season has returned. Major players are also getting restless; after all, whether they can make a surge depends on this moment. In fact, in past bull markets, many failed decisions led me to miss many opportunities.
But this is not anyone's fault; after all, it is one's own choice. I hope everyone remains vigilant in the FOMO market, allocating assets to where they should go to seek maximum and safe returns.
Community and KOL rotation.
This should be what troubles many bloggers and communities the most. In the last round, many projects took advantage of the heat of DePIN, AI, and other niche sectors to sell their locked shares to everyone, resulting in a long wait for the promised quick token issuance.
If you are particularly optimistic about a project and want to obtain its private placement shares, you must meet several conditions. First, you need to be cautious with projects valued at over a hundred million dollars, as going on BN is always a low-probability event. Each year, thousands of projects submit applications to go on BN, but only 60-80 projects actually make it.
If it can't go on BN, from a medium to long-term perspective, the market is unlikely to sustain the selling pressure brought about by high valuations. So if you encounter something that can't go on BN, actively seek shares that can be unlocked immediately after token issuance.
After all, nearly 98% of projects peak at launch, regardless of whether it's a bull market or a bear market.
Staking and locking.
Unless you can participate in a project's early bird phase, it usually comes with several times the staking returns, allowing you to gain OG recognition and a lot of points early in the project. Generally, when it comes to airdrops, witches don't screen such users.
Otherwise, in an extremely favorable market, you will have many assets locked inside, causing you to miss many opportunities.
The general advice is to stake in a bear market and operate in a bull market. Don't rush in to stake just because you see a luxurious financing PR or that Binance has invested; historical experience shows that announced high staking returns generally do not perform well, and might even be lower than using BNB for new listings on Binance, which offers higher returns.
Random contract authorization.
If you are a player on the chain, for example, using Swap, cross-chain, or interacting with projects, you must create more wallets! Before being hacked, no one thinks their security configuration is problematic. It's only after being hacked that one realizes how foolish their actions were.
A bull market is when we maximize returns and ensure safety without losing principal. So if your assets are concentrated in a few large wallets, try to allocate some small wallets and only use those small wallets for interactions.
Additionally, many small and medium-sized exchanges also recommend withdrawing funds as early as possible, because typically in a bull market, the gold standard of assets will rise significantly. Some exchanges that regularly misuse user assets or have internal thefts without resolution may have issues fulfilling withdrawals as the bull market arrives.
Historically, every bull market has occurred.
I hope the above content can help you, remember the three principles of not touching in a bull market.
Thank you for reading.
2024 12.1 Prince