In a bull market, there's no need to be anxious; holding onto your coins steadily is true wisdom.
When trading cryptocurrencies, the biggest fear is summed up in two words—FOMO (Fear of Missing Out). Especially in a bull market, when you see a certain coin multiply several times, you start to wonder: should I chase it? Did I sell too early? But at such times, it's even more important to stay calm. Experienced traders know that in a bull market, patience is what earns money; the bear market is when you should be strategizing.
1. Don't let the anxiety of 'selling too early' control you
Watching a coin that has surged several times can be frustrating, but you need to understand that the market always rotates. A coin that has increased 5x or 10x may still have a large number of chips in the hands of the market makers. They may not continue to drive the price up, and even if you chase it, you could easily get trapped. The money made in a bull market should be secured, not risked further.
2. Diversify your investments, don’t be greedy with heavy positions
Those who heavily invest in a single coin hoping to get rich overnight are mostly just being played by market makers. The ones who can steadily make profits are those who diversify their holdings, giving themselves more opportunities. Take my friend's approach: during a bear market, they stockpile established coins at low prices, and during the bull market, they wait for them to rise in turn. Once they reach a certain level, they sell, and the USDT they made from selling is never looked back upon.
3. In a bull market, sell but don’t buy; hoarding coins is for the bear market
In a bull market, buying in won't earn you much, but selling can help you secure profits. So, don’t chase after prices for the USDT you’ve sold. When the bear market comes, slowly buy back in 2026, and after this cycle, outperforming 99% of people won't be a dream.
4. Execution is the key
This strategy seems simple, but most people can't do it. It requires strong execution, especially when faced with market fluctuations. You need to stick to your plan and not be swayed by emotions. Newbies are the most impulsive; the newer you are to the market, the more you need to learn to 'endure.'
A bull market is all about one thing: endurance. Don’t let the ups and downs disturb your mindset. Selling too early isn’t scary; getting trapped is what hurts. Remember, in a bull market, you only need to do one thing: protect your profits and don’t chase after prices.