Some basic knowledge you need to know about the bull market:
1 Although the bull market is generally rising, the speculation is still centered on the sector. And if a coin surges, it will drive the speculation of its sector.
2 There are opportunities everywhere in the bull market, but if you are greedy and want to grab them everywhere, it will not end well. On the contrary, as long as you catch the main rising wave of a sector, it is enough for you to make a lot of money. If you are lucky and catch the 2 main rising waves of the sector rotation, you will make unimaginable wealth.
3 Although it is very satisfying to cross margin in one sector, you may miss the entire bull market, which is not recommended from the perspective of high risk. It is recommended to use the method of concentration + limited quantity. Divide into several key points and secondary points. The overall control is within one number.
There are 3 types of speculation in 4 sectors
1) Major deterministic events, such as the Shanghai upgrade leading to the hype of LIDO and SSV, and the Arbitrum airdrop triggering the rise of its ecological projects.
2) Sudden events. For example, the sudden popularity of chatgpt triggered the explosion of the AI sector. Similarly, the release of Sora also triggered a wave of increases. For example, in the second half of 2021, the popularity of the metaverse triggered a craze in the crypto GameFi.
3) After a certain coin explodes, it becomes the leader, causing the projects in its sector to become popular.
The hype of the sector is uncertain most of the time, which is why we have to wait for the wind to come in the bull market. Because the time of hype cannot be determined. Only the first major event is relatively certain. But its disadvantage is that due to its strong certainty, the increase you can participate in may not be very large. That is because there are always many people who will make arrangements in advance. The most typical example is this year's Cancun upgrade, the increase of arb and OP lags behind other coins.
Two trading strategies in a bull market
The first type: all assets are heavily invested in certain sectors
What you need to do is to wait for the bull market to come. The advantage is that it is easy to operate, so it is suitable for most people and those who are busy with daily work. The disadvantage is: you need to hold on. Holding on is a test of human nature. Especially when you see coins everywhere that make people rich, but your own coins are standing still. I recommend 2 to 4 specific sectors. If you want one, it's fine, but it requires a test of personal vision. Too many sectors are risky and not recommended.
The second type: some positions are hidden, and some positions are added when the sector is hyped
The advantage is that you can advance or retreat, which is more flexible. But the disadvantage is that you need to be more sensitive to the market, spend more experience, and always focus on the market.
10 golden rules for long-term survival in the crypto:
1. After the peak of profits, go short at the right time and learn to stay away from the market temporarily, because 365 days are trading days!
2. If you suffer losses for three consecutive days, stop trading immediately, think deeply about the source of the losses, and avoid making the same mistake again.
3. When the market is divided, it is not advisable to trade, because the market fluctuates greatly at this time and losses are likely to occur.
4: If the coin price opens more than five points higher, you need to be cautious, as it may be a trap and you may easily get into trouble.
5. When the price of a currency is high, it is not advisable to chase the rise, as it may be a lure to buy more, so you should avoid becoming a bag holder.
6. Buy low when the market is weak and take over when the market is strong, and respond flexibly to market changes.
7: If you are not absolutely sure, do not increase your position. Building positions in batches is the prudent way.
8: Only act within familiar operating modes and earn profits within your cognitive range.
9. Avoid left-side trading, do not enter the market too early, and wait for the best time.
10: Do not participate in the downward trend, follow the market trend, and avoid counter-trend operations.
I have too little capital. Can I gain freedom in the bull market?
First of all, it should be made clear that the rules of the game for players with large capital are different from those for players with small capital. If your capital is only 10,000 U or less, those large core assets such as BTC and second cake may not be suitable for you. The price of these assets is high, and a small percentage fluctuation requires a lot of capital to see obvious profits. Therefore, for small capital, more flexible and maneuverable strategies are needed.
Step 1: Set risk boundaries
Be aware that every penny you spend may go down the drain. Therefore, it is important to take out money that you can afford to lose. This is not only a respect for your funds, but also an adjustment to your mentality. Be prepared to face the worst outcome so that you can have a stable mentality.
Step 2: Where are the opportunities for small capital?
No need to make big moves, use the existing small amount of funds to participate in those zero-cost projects, such as various test networks and sign-in activities. These usually do not require you to invest too much, but you can accumulate slowly through accumulating small amounts. Try to set up 50-100 accounts in each project and treat your time and energy as an investment. This strategy has low risk and may have considerable returns for small capital.
Step 3: Research market hot spots
In a bull market, hot spots change frequently. Recently it may be MEME, then AI, and then back to MEME. The characteristic of this sector rotation is rapid change. If you seize a few right opportunities, you will have the opportunity to double your capital. This requires you to keep learning, keep observing market trends, and enter and exit in time.
Step 4: Small investment, high returns
When you have accumulated a certain amount of experience through zero-cost projects and hot investments, you can consider investing in some new projects on a small scale. Such projects usually have a low entry threshold, but if you choose the right one, a small cost may bring high returns. For example, for some new airdrop projects, a small investment may become a turning point.
Small capital can also thrive in the crypto. The key is to adjust your strategy and mentality. Don't blindly chase high-value assets, but focus on those opportunities with low costs and great potential. In this way, step by step, your small capital can gradually snowball into a big one.
The European Cup is coming soon. Which currencies are worth paying attention to?
Sports public chain
Chiliz (CHZ) The first of these is naturally Chiliz (CHZ). As a sports and entertainment blockchain fintech provider, Chiliz has been the basic blockchain platform for many football clubs to issue fan tokens, and has launched interactive and reward applications for fan services in the sports and entertainment industries.
TOPGOAL（GOAL）
Web3 football metaverse platform TOPGOAL is a sports metaverse platform that can trade genuine digital star cards and participate in football games. It is committed to cooperating with world-famous stars, clubs, etc. for official authorization to create new digital virtual experiences and entertainment consumption methods for stars, clubs and fans. Currently, many well-known stars including Piero, Michael Owen, Guti, Rivaldo, etc. have joined, and GOAL is the governance token of TOPGOAL.
AC Milan Fan Token (ACM)
Paris Saint-Germain Fan Token (PSG)
Juventus Fan Token (JUV)
FC Barcelona Fan Token (BAR)
Portugal National Team Fan Token (POR)
Atletico de Madrid Fan Token (ATM)
Inter Milan Fan Token (INTER)
Mexican Football Club (SAN)
Share a currency with medium and long-term potential in the RWA sector:
token
Recommended reason: From the beginning of this bull market to the current rebound after the decline, it can be seen that meme coins have performed very well in the market, and those value coins are all about to be broken. As a sub-coin of fioki, token has meme attributes, and it is also an RWA staking project, which can help tokenize various assets. It is equivalent to monopolizing two popular sector concepts.
The overall market value is relatively low, with a total volume of 10 billion, a circulation volume of 1 billion, a circulation market value of 132 million, and a total market value of 1.32 billion. The chips on the two chains are relatively concentrated, and the currencies are highly controlled. In addition, Binance has not listed spot products, only contracts, and the subsequent listing of spot products is also a potential positive.
From a technical perspective: This coin follows every meme pull and rwa pull, and is a relatively strong variety. This round of retracement is equivalent to a 3-fold drop from its high. It is currently rebounding, with short-term resistance around 0.14 and strong support below at 0.11-0.099. If the market retraces in the future, it will be a very good target to intervene in batches.
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
If you want to know more about the secret of wealth or have any questions, please follow the official account: Crypto Conan
