In a bull market, the opportunity to seize skyrocketing coins seems easier than ever, but blindly chasing the rise can lead to being trapped at high positions and even missing the entire bull market.
Amid the repeated washout of the BTC market, aside from waiting helplessly, how should we respond? In the crypto space, if you review the past, you will find that the market conditions actually have 20% of the time in a so-called unilateral trend, and 80% of the time belong to a volatile market.
Because it's rare to say that a particular sector, a specific cryptocurrency, or a certain stock experiences sustained upward movement; that simply does not exist. 20% of the time is unilateral, and 80% of the time is volatile, which means that when you trade, most of the time you will face this volatile market. Therefore, you need to have a suitable response strategy for volatile markets!
In a bull market, opportunities are everywhere, but if you are greedy and try to seize every chance, it will not end well. On the contrary, as long as you capture the main upward wave of a sector, it is enough to make you earn a fortune. If you are lucky enough to catch the rotation of sectors and seize the main upward wave of 2 cycles, then you will earn unimaginable wealth.
