Crypto Assets Bull Run Survival Guide

As we enter the later stages of the cycle, the market begins to exhibit frenzied characteristics. The prices of certain tokens have skyrocketed a hundredfold, and some even believe that Bitcoin has lost its value, while the valuations of NFTs have reached absurd levels. For investors experiencing this cycle for the first or second time, it is easy to lose one's rationality. This article aims to help readers manage their emotions and avoid suffering heavy losses due to greed, thereby protecting the gains they have achieved.

Mental Health Management in a Bull Run

Reduce the frequency of checking prices

The simplest yet most effective method is to set price alerts instead of frequently checking price fluctuations. This approach can help you save at least half an hour every day. You won't constantly monitor prices while exercising or resting; instead, you will set clear buy or sell price ranges.

Focus on personal career

The wealth accumulation of the vast majority of people comes from their own careers. Whether engaged in internet-related businesses or other industries, establishing core competitiveness in one's own field is always the primary task. Even during times of severe market fluctuations, do not overlook your main source of income.

Avoid discussing with outsiders.

The Crypto Assets industry has developed for many years, and basic knowledge has long been popularized. Rather than trying to educate others, it is better to simply express that your understanding of this is limited. This can help avoid unnecessary arguments and wasted time.

Develop an asset allocation plan

During a bull run, the value of investment portfolios can grow rapidly. It is important to develop a reasonable asset allocation plan in advance, considering investing some profits into real estate or other stable assets. Remember not to neglect long-term financial planning due to short-term windfalls.

Maintain a healthy lifestyle

Even during booming market periods, do not neglect personal health and quality of life. Maintain a regular exercise routine, working out for at least 45 minutes a day. At the same time, maintain a normal social and family life. It is understandable to moderately reduce exercise time, but do not completely give up on a healthy lifestyle.

Rules of the Goddess of Fortune

Stay away from integer targets

Avoid setting integer targets like 1 million, 5 million, etc. The market often experiences sharp corrections when approaching these numbers. Set flexible goals and do not be misled by integers.

Keep a low profile

Be cautious in sharing your investment results. Maintain a humble attitude towards the outside world to avoid unnecessary attention. Acting discreetly helps in the long-term accumulation of wealth.

cheers for others' success

Abandon jealousy and sincerely congratulate others on their success. A positive and proactive attitude can help improve one's own luck.

Be cautious of complacency.

When the people around you begin to agree with your views, it may indicate that the market is about to peak. Stay alert and consider taking profits at the right time.

Remember, the market is always full of uncertainty. Maintain rational thinking and control risks to survive and succeed in the Crypto Assets market in the long term.