The right way to prepare for the currency bull market

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4 years ago

Now all kinds of atmosphere all indicate that the violent bull market is coming, we believe that the group began to look over, add my WeChat consulting more and more questions, new projects and new terms every day, hit a new high coin is no longer a significant callback and continue to record highs, ethereum continuous soaring release bull market has come to the signal. Congratulations to our partners who have been holding on to the currency circle for the past two and a half years, the harvest season is coming.

The harvest season is approaching. But at this time, we should have a calm mind to deal with it, so as not to make a major mistake in the bull market, and not to be full of regret in the great opportunity in history. How to do it, I have the following ten suggestions.

1. balanced layout:

If you only hold a coin, it will be very painful, very tormented, I am not saying that only one coin can not succeed, but that the probability of this coin will not go up first, because thousands of coins why you choose a coin will go up first, the probability is too low, if it has not gone up until the bull market finally broke out, you may have to go crazy during this period. So in order to have a good mindset and a high success rate, it is recommended that you diversify your holdings, holding at least three different types of coins, such as bitcoin, platform coins, public chain and so on. I once calculated that there are not too many coins, too many will reduce the rate of return, not more than 20, that is, 3-20 is more appropriate.

2, don't change your coin randomly:

first of all, must now get on the car, if you are still in the currency circle empty warehouse I'm afraid it is not appropriate, now should be at least in 80% of the position. In addition, after a good balanced layout, do not frequent changes, according to my experience, in the bull market the more toss coins will be less. The bull market up and down there are successive, hotspot concept rotation, will be the wheel, the market sufficient funds will be the depression flattened. So after the layout is good don't change the car, the probability will change wrong, change wrong and affect the mentality. If you are really bored, you can only take 5% of the funds to do short term or chase hotspots, right as entertainment, because this also can't lose too much, also can't earn too much.

3, don't be in debt:

I admit I have known people in the bull market borrowed a lot of money and then a successful, but in case of failure, in fact, more debt investment failure examples. Especially advise investors over 30 years old not to go into debt to buy coins, the pressure is great, will be very anxious, especially if the coins they buy are not rising for a long time.

4, don't play contracts, don't gamble:

these two should never touch, both are the point of no return. No matter how much you win you'll eventually give it back. Let's not talk about the two games fair or not, even if fair can not play. Both contract and spinach are instant feedback that will strongly stimulate you to produce dopamine, giving you unlimited pleasure, so that your emotions will replace reason and you will be prone to make unreasonable actions. Dopamine takes control of you, you get a little dopamine, the emotional tendency you go for more dopamine, so you place bigger and bigger bets and eventually blow up or lose everything. Only delayed gratification (long term investing) is the right way to go.

5, don't compare with others, only compare with yourself:

this morning William just wrote an article, that is the idea. Everyone is different in age and income, especially if they have been in the currency world for a different amount of time, and the volume of funds will vary greatly. Frequent comparisons with other people will cause an imbalance in your mindset, which will lead to frequent operations, catching up on gains and losses, and eventually making wrong decisions. This time you need to control yourself not to compare, in addition to especially not and know familiar people around you to compare, so that your mentality will be much better, only and yourself than, there is no progress.

6, reduce the social group:

the bull market will be very noisy, especially you will find a lot of WeChat group can not look over, any group is a day thousands of information, but I guarantee 99% are nonsense, do not look at it, the more information bombing will be anxious, will also produce the wrong impulse operation. I myself am only keeping about 10 or so of the tweets that I think are more valuable and important. The other groups that I have been pulled into somehow, I will choose to withdraw gradually. In addition, I will choose to pay attention to some coin circle v above the coin hu and microblogging to prevent missing important information.

7, don't stay up late, more exercise:

remember the last bull market at 3:30 in the morning group, bull market there are really a lot of people do not sleep, if the project side is just, is considered to work hard, individual investors really do not need to do so. The long-term stay up late without sleep sudden death probability is very high, earn more money also can't make up for the loss of your health, don't bull market is not over the body tossed badly, money is not finished. In addition more exercise can relieve your anxiety, exercise will produce endorphins happy, will bring a lasting sense of well-being.

8, be imaginative about the bull market:

by the way, the bull market must not get off too early. You have to have plenty of imagination about the bull market to make a trip to the currency world worthwhile. Let me give you some examples: btc has to see $200,000, eth has to see $10,000, and eos has to see $500. The other small currencies will only go up more than them. Of course, if you really can't hold it, you can cut down on your position as it rises, and don't get off too early. It's especially important for those who have suffered through the bear market and just returned to earn a little money to run away, which is a waste of time.

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