It's that phase of the bull market again. Should we sell at the peak or hold firm!?
Personally, I say: “With my hands in my pockets, I stand firm! Block out the noise and patiently wait!”
Of course, if you're hesitant, you can try this method:
Based on past experience, either set a time for the bull market and sell at that time regardless of the price; or set a price, and sell regardless of when it reaches that price.
This is the easiest operation to execute, as it provides a clear dimension for judgment. Focus on the outcome rather than the process, and avoid short-term trading. (Most people don't have the ability for short-term trading; medium to long-term is more suitable.)
Judgment on the bull market must be a definite “yes or no,” so you can withstand all the market fluctuations and false dips, or avoid real crises. You must not waver between yes and no; yesterday you saw Bitcoin at one million, today you see it drop to ten thousand—you will surely get caught in countless terrifying market fluctuations.
The above content is partially referenced from: @William11Chan
