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If you are experiencing a Bull Market for the first time, these points are particularly important:
Every major drop in the Bull Market is an opportunity to get on board, especially the pullback during the Chinese New Year, which is a rare opportunity. It's a good time to add positions. Don't be scared off by the current volatility. If you lose your nerve, you're done for!
2. Do not switch positions frequently. If you do, you will end up empty-handed, especially if the coins in your hand have not yet taken off. Just be patient and hold on!
3. Don't go all-in on one investment, diversify your portfolio!
4. Lock in some profits in a timely manner, and continue to hold the rest for further gains. Wait for a crash and then add positions to seize opportunities at low levels!
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Bull Market winning secrets:
Speaking of this, why does Old Nine keep emphasizing the strategy of half long-term and half short-term positions? Is it now fully playing a decisive role? Holding long-term positions firmly, launching attacks under any circumstances, can grasp the profit-making effect of the bull market. Taking half short-term positions and closing them when the situation is favorable, responding to sudden pullbacks, seizing opportunities to buy the dip and taking profit from the rebound, starting the crazy bull market with long-term positions, and getting rich like crazy! During the pullback market, the half position capital can fuck off at any time!
This is a long bull slow bull, more up and less down bull!
A bull market is also something that is endured, not sailed through smoothly!
Holding onto high-quality assets firmly is the only way to make big money in the long run!
The short-term master can only make you earn a few peanuts in front of your eyes!
The long-term gains of the entire bull market are destined to pass you by!