Crypto Assets bull run Investment Guide

We are currently in the late stage of the Crypto Assets market cycle. This period often sees some crazy phenomena, such as certain tokens skyrocketing in price by 100 times, some people starting to claim that holding Bitcoin is meaningless, and the trading prices of NFTs reaching incredible levels.

For investors experiencing this market cycle for the first or second time, it is easy to be influenced by this crazy atmosphere. This article aims to help you manage your emotions in such an environment, avoiding significant losses due to greed and thus protecting your investment returns.

How to Maintain Mental Health

Avoid frequently checking prices

The simplest yet very effective method is: set price alerts instead of constantly refreshing the prices.

Many novice investors develop the habit of checking prices both morning and evening. This actually reflects that you already have an ideal buying or selling price in mind.

Understanding this, you can save at least half an hour of time every day. You won't check prices while exercising, or just after getting up or before sleeping. Instead, you will clearly define your buying and selling price ranges.

Considering that the market is in the early stages of a crazy bull run, we speculate that most people will set buy alerts rather than sell alerts.

Focus on research and work

The vast majority of people's wealth comes from their professions. Although we mainly focus on internet-related industries, the core principle remains unchanged: working hard to accumulate assets in one's career is always the most important.

Even during the bear market of 2022 and 2023, if you continue to pay attention to this field, you can see some tokens surge by 100% or even 1000% in a short period. However, if you neglect your main business because of this, it may be a losing game in the long run.

We recommend that you set aside fixed time to research new projects. You can focus on DeFi, NFT, AI or Meme coins, depending on your personal strategy. It is important not to neglect your primary sources of income. When the market is sluggish, you will have the opportunity to buy quality assets at a discount.

Avoid discussing Crypto Assets with outsiders.

This industry has existed for more than ten years, and the basic knowledge is already well known. Now, newcomers entering this field have varying qualities, and many do not even understand the most basic concepts. This is beneficial for your investments, but it may affect your mental health.

Instead of trying to educate them, just say: "I don’t know much, I just hold a small amount of Bitcoin." This will save you a lot of time and energy. You can say you only hold a little bit of "the most well-known coin", and that’s it.

It is no longer the time to educate those around you about encryption knowledge. If someone misses the wealth opportunity of this cycle, they may never be able to establish a meaningful position. This means you no longer need to explain "virtual currency on the internet" to friends and family who do not understand the market. For them, it may be too late to enter the market now.

Hold "low-risk" assets

One problem with a bull run is that your net worth can grow rapidly. As you approach or reach your "target number," you may ask yourself, "Where else can I invest this money?" This question may lead you to continue holding high-risk assets, ultimately resulting in losing life-changing gains on certain tokens of questionable value.

If you do not have a clear plan, you are likely to lose all your gains. We recommend that most people invest a portion of their gains into their primary residence. Some may choose to invest in stocks. It specifically depends on the composition of your investment portfolio.

Just because some Meme coins have risen by 1000%, while the S&P 500 only rises by 10% each year, does not mean you should go all in on Meme coins. If you do, you are likely to suffer heavy losses during the inevitable crash of the Meme coins.

Do not neglect health and personal life

We recommend ensuring at least 45 minutes of exercise time every day.

In addition, it is important to maintain a normal personal life schedule. This varies from person to person. If you are in your 20s, it may mean going out to socialize on weekends. If you already have a family, it means maintaining daily interactions with your children/spouse or other family members.

If you must choose between the two, it is acceptable to reduce your exercise time by about 25%, but not more than that. Reducing from 5 days of exercise per week to 4 days is understandable. However, if you reduce from 5 days to 2 days, you will likely regret it in the future.

Rules of the Goddess of Luck

If this is your first time experiencing a bull run, you are likely to continue holding even when the market drops 60-80%, and you may ultimately end up losing (. Many people fail due to greed ). If this is your second time experiencing a bull run, you may sell too early because of the psychological trauma from the previous cycle.

Rule 1: Do not pursue integer goals.

If you are young, is your goal 1 million dollars? It is likely that this will happen: your assets reach around 876,000 dollars, and then the market suddenly experiences a significant pullback.

If your goal is 5 million dollars? You might reach 4.678923 million dollars, and then suddenly a 70% crash occurs. And so on.

The goddess of luck seems to dislike integers; this is almost a manifestation of greed. She may suddenly take away your wealth.

Rule 2: Never flaunt your wealth to others.

If you want to increase your chances of gaining immense wealth, the best strategy is to make everyone believe that you are not wealthy. If you hold 10 bitcoins, say you only have 1. If you hold 10,000 ethers, say you have 100. And so on.

If you boast about your investment insights on social media, we can almost be certain that you will suffer heavy losses in the next bear market, or worse.

Apart from a few celebrities or professional athletes, Lady Luck seems to bestow great wealth only upon those who are low-key.

Rule 3: Be happy for others' success

Most people are prone to feelings of jealousy. If you are correct 95 times out of 100 predictions, they may constantly emphasize the 5 times you were wrong, without realizing that this actually proves how high your accuracy rate is. If errors are rare, it indicates that they are not the norm.

If someone makes 10 times on Meme coins, cheer for them. If someone makes 2-3 times on NFTs, the same goes. Jealousy or envy does you no good, it only lowers your luck.

The goddess of luck seems to always favor the winners. If you are not obsessed with something, you may get more. If you are always jealous or hate others, your good fortune may shift to them.

Rule 4: Sell when self-inflated

You may have mentioned Crypto Assets to those around you, only to receive strange looks in return. You tried to explain it to them, but with little success. Even if some people have a slight understanding and hold a small amount of (, such as 2 coins of Bitcoin ), they might still think you're a bit crazy, as they only casually bought a little and don't truly understand this field (, otherwise they might be as enthusiastic as you ).

If your parents and friends - those who once mocked you - start saying "You were right", that might be a good time to sell.

The goddess of fortune seems unlikely to reward those who do not cherish wealth.