1. Once an uptrend begins, it won't easily end. So don't be afraid of the major corrections that occur early on. Enter boldly; the biggest hassle is continuing to wait for lower points. The more you wait, the higher it goes, and you'll miss out completely.
2. Bull markets often have many spikes. If your position isn't fully allocated, try to wait for a pullback to go all in. Otherwise, you might get spiked unexpectedly, and most people can't handle that.
3. You must manage your positions well. It's best to be diversified across several key sectors. If you go all in on one sector and it doesn't move in the short term while others keep rising, that’s the most frustrating situation.
If you chase and get trapped, only to see your liquidated assets fly up again in just a few days, many people have experienced this. So either don’t buy, or if you do, hold firmly. You will eventually see your cryptocurrency cycle through; even the worst coins in a bull market can see five to ten times returns.
4. The market always rises amidst disagreements. Often, what many people criticize is actually an opportunity, while when everyone is optimistic, it can be a risk.
5. Don't always think about high selling and low buying. Once you exit midway, you may find it difficult to return. Playing short-term can yield less than simply holding steady and earning more.
6. Each time the market corrects, there’s widespread panic. People say the bull has run away, but the reality is that it usually takes at least three to four major corrections before a bull market can end.
So don't be afraid; you must have a broad perspective. As long as you can hold on and you're not holding worthless coins, the next breakout could be yours!
