Various atmospheres now indicate that a violent bull market is coming. New projects and new terms are coming out every day, coins that have set new highs no longer pull back sharply but continue to set new highs. The continuous skyrocketing of Ethereum signals that the bull market may be under it's way.
At this stage, we must remain calm, so that we do not to make major mistakes, and here are few things that you should keep in mind before entering the bull market.
Don't switch your bags randomly
First of all, if you believe that bull market is coming soon, you must get on the train now. After you have a balanced bag of coins, don't change them frequently. The more you toss in the bull market, the less coins you will end up with. The bull market has sequential ups and downs, so don't chase the coins that everyone is talking about if you don't know what's going on. Hold your own bags and let it run.
Balanced Bags
If you only hold one coin, it will be very painful and torment. I am not saying that you can’t succeed with only one coin, but there is a probability of this coin will not rise significantly, and many of other coins will. If you see many coins go 50X, 100X and that may drive you crazy, so it's always a good idea to keep a diversified portfolio. It is recommended to hold at least three different types of currencies, such as Bitcoin, exchange coins, and public chain. There should not be too many coins, too much will reduce the rate of return, not more than 20, which means that 3-20 is more appropriate.
Don't be in Debt
When you borrow money and trade, it is very easy to go under great pressure and become very anxious, especially when the coins you buy go side ways for a long time or get liquidated if you don't trade with the trend.
Don't Play Contracts if You don't Understand Risk Management
Don't play contract if you're purely gambling, understand what you're doing, not just follow other's idea, trade with lower leverage like 3x or 5x,
HODL to ATH
Now if the bull market is coming, don't get off this train easily, hold your bag to da moon!