The Right Mindset to Deal with Market Volatility!
In the past couple of days, many people have been asking me whether I should guard against risks and clear my positions, especially those friends who have been holding on for half a year.
I want to say, after holding for half a year, is it too regrettable to want to run away now without waiting for a rally?
Looking at the recent trends, the strongest rallies have mostly been in large market cap coins like BTC and ETH, while new coins like BN haven't shown much movement yet. So in a trending market, constantly thinking about making swing trades often leads to missing out on subsequent gains.
I believe the most reliable approach is to allocate positions reasonably. Long-term positions should be held firmly, patiently waiting for significant opportunities to arise; short-term positions should be flexibly managed to capture those potential fluctuations.
Everyone, don’t be too anxious; market trends are inherently difficult to predict. Let’s maintain our mindset and execute our strategies well, there’s no need to panic excessively.