From Zero to a Million: How to Find the Right Investment Strategy in a Bull Market?


The bull run is here, with so many opportunities that it's dazzling. But how do you start from scratch, steadily accumulate wealth, and eventually make a pot full of money? Here are a few strategies to help you avoid blindly following the crowd and make rational investments.
1. Go with the flow: In a bull run, mainstream coins such as Bitcoin ($BTC) and Ethereum ($ETH) usually perform steadily. They have strong technical backgrounds and market demand, making investing in these coins the safest choice. In addition, pay attention to emerging projects, especially those that solve real-world problems, and choose altcoins with innovative potential.
2. Diversified Investment: Reduce risks and steadily accumulate. Do not put all your funds in one basket. Spread your funds across multiple currencies, which can capture multiple opportunities and reduce the risks of single investments. For example, invest 70% in mainstream coins, 20% in medium- and small-cap coins, and consider high-risk, high-return projects with 10% of your funds.
3. Rational Analysis: Short-term swings and long-term holdings coexist in the Bull Market. There are opportunities for short-term swings, but the long-term perspective should also be considered. In the short term, technical analysis can be used for swing trading, while in the long term, it is advisable to hold coins with strong fundamentals and great future potential, such as Ethereum. Coins held for the long term should maintain a lower trading frequency and try to avoid being influenced by short-term fluctuations.
4. Control Emotions: Calmly judge the fluctuations in the bull market often trigger emotional reactions. Keeping calm and making rational judgments is the key to success. Set profit-taking and stop-loss points, and do not let greed or fear dominate decision-making in order to stay steady during sharp rises and falls.
5. Timely profit-taking: Ensure that there is a reasonable profit-taking target, sell a portion of the assets in a timely manner, and realize the profits. The market always fluctuates, and timely profit-taking can avoid losing the gains obtained due to adjustments.
BTC-0.22%
ETH1.26%
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