Recently, everyone has been talking about how I want to cash in on my holdings before this round of bull market ends. Can I really do it?

First, let me share a technique that can help you hold on, including why we should separate short-term and long-term positions?

Under the premise of confirming that the overall trend is definitely upward, what we are discussing now is how to allocate long-term and short-term positions effectively. For example, how much of your position to allocate for long-term strategies and how much for short-term speculative trading.

The purpose of doing this is to ensure that you not only avoid the risk of missing out but also reduce the risk of experiencing market volatility, because many people are reluctant to sell. So, I tell everyone that if the speculative assets you bought have increased by 50%, selling a normal 30% is not a problem.

Because nobody has infinite bullets, once you sell, can you buy the next one? Of course, if you can keep some base assets that can double later, that’s even better. By withdrawing your initial investment, you can achieve a zero-cost position, and you won't panic during future adjustments.

For instance, the previously invested WIF and DIGE have both doubled. I must remind everyone not to chase high prices. When the market reaches a profit point, it’s time to take some profits. I've seen too many people unwilling to reduce their positions and ending up on a rollercoaster ride.

As for the other half of your long-term positions, just manage them according to your set target levels. Don't worry about the current market fluctuations; what matters now is to execute your short-term strategy effectively.

As a seasoned cryptocurrency investor, I am sharing my experiences and insights. Interested in the crypto world but don't know where to start? Click on my profile to see my introduction, and let's witness the moment of miracles together.