In the cryptocurrency market, following the trend is the primary principle of investment. When the market is rising dramatically, the success rate of our various strategies, coin selection, and timing abilities will significantly increase. Even if the strategies and timing abilities are not perfect, it is still possible to profit from short-term rises in a bullish market.
Moreover, if it is determined that the market is steadily rising, the mindset of holding positions will be more stable, allowing for bolder purchases at lower points, thereby reducing holding costs and maximizing profits. Conversely, if there is no clear judgment on market trends, the mindset of holding positions will be restless, easily leading to overreactions due to minor fluctuations, resulting in distorted operations.
Additionally, the judgment of cycles will provide important references for subsequent operations; in a bull market, all buying and selling operations should be heavily weighted and concentrated; in a bear market, all buying and selling operations should be lightly weighted and diversified. #美国大选前行情观察 #牛市赛道是那条?