The bull run has now switched to the second stage, with the rhythm shifting from local pumps to a phase of widespread rise + acceleration. Here are a few suggestions, hoping you can avoid detours in this stage:


First, the cost-performance ratio keeps getting worse every day if you enter the market now. If you hesitate for a few more days, the cost and pressure of chasing later will only increase. If you really want to get on board, it's better to make a decision sooner.
Secondly, the most stable strategy at this stage is to bet on rotation and a general rise. Bitcoin has already consumed the fattest segment, and ETH has pumped a significant amount as well. More opportunities may be hidden in those small altcoins that have just turned strong on the daily chart, so don't miss the rhythm.
Third, stop playing with high leverage. As the market expands, the volatility also increases, and if you can't withstand it, you'll be liquidated in no time. Don't let a single drawdown swallow up all the profits you've made over the past few months.
Fourth, if your position is already heavy, or your paper profits are significant, it's time to slowly start planning for profit-taking. If you have been using leverage up to now, you should consider reducing your position a bit in the next couple of days.
Fifth, although there are many opportunities in a bull run, it is also the time when you can easily lose a lot of money. Keeping a regular schedule and stable emotions is very important; don't let a wave of rise make you stay up all night and become mentally exhausted.
Sixth, don't be too anxious. It's okay to miss out now, don't forget that the real climax is likely still on the way, this is just the prologue, saving your resources is the key.
BTC2.17%
ETH-0.44%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)