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If this is your first experience with a bull market, these points are particularly important:
Every major drop in the Bull Market is an opportunity to buy in, especially the correction during the Chinese New Year period, which is a rare opportunity to add positions. Don't be scared off by the current fluctuations. If you lose your courage, you're done for!
2. Do not change positions frequently. If you do, you will end up empty-handed, especially when the coins in your hands have not yet taken off. Just be patient and hold on!
3. Do not go all in on one investment, diversify your investments!
4. Lock in some profits in a timely manner, and continue to hold the rest for further gains. Add positions after a sharp drop to seize the opportunity at a low point!
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Bull Market winning secrets:
Speaking of why Lao Jiu keeps emphasizing the strategy of half long-term and half short-term positions, is it now fully playing a decisive role? Holding long-term positions and launching attacks in any situation can take advantage of the bull market to make money. Taking profit in short-term positions when the market is good, and coping with sudden pullbacks, buying the dip aggressively and leaving after the rebound, starting the crazy bull market with a long-term outlook, and getting rich quickly! In a pullback market, the half-positioned funds will always do well!
This is a long bull run, with more gains and fewer retracements!
A bull market is also a struggle, not all plain sailing!
Hold on to high-quality assets firmly, and only long-term investments can make big profits!
Short-term masters are destined to only make you earn a small amount of money in front of your eyes!
The entire bull run long-term gains are bound to pass you by!