Bull run Survival Guide: Stay Calm, Preserve Wealth

We are entering the late stage of the cycle (personal opinion), which means things are starting to get very crazy. Tokens are skyrocketing by 100 times, and people are starting to say "holding BTC is meaningless," while the trading prices of NFTs have reached absurd valuations.

If this is your first or second time experiencing such a cycle, you might feel a bit out of control. Staring at the screen all day, watching friends and family (even worse!). This article will help you manage these emotions and protect some of your gains by avoiding the "Mike Tyson-style punches" that come from greed.

01

Mental Health in a Bull Market

1-1 Avoid frequent price checking

The simplest yet time-saving tip is : set price alerts instead of constantly checking prices.

If this is your first experience of a bull market, you may develop the bad habit of checking prices as soon as you wake up in the morning and also checking them before going to bed. This habit indicates that you have a price at which you are willing to buy and a price at which you are willing to sell.

Understanding this, you can save at least 30 minutes every day. You won't check prices while resting at the gym, nor will you check prices right after waking up or before going to bed. You will have clear buy or sell price ranges.

As this marks the beginning of a crazy period, we speculate that most people will set buy alerts rather than sell alerts.

In summary, please set price alerts for your Token, which will avoid frequent price checking and save time.

1-2 Research and Work

99.9999999% of people will accumulate all their wealth through their own careers. While we focus on WiFi (e-commerce) and other web-based businesses, the core principle remains unchanged: working hard to build equity in your own career is always the top priority.

Every week, new tokens surge by 100-1000%. Even in 2022 and 2023, if you are still paying attention to this field, you will see this happening. If you find yourself frequently checking prices or browsing memes on X, with every passing second, the value you worked hard to earn (or could have earned) is diminishing!

On the contrary, set aside a specific time period to look for new projects. Your focus can be on DeFi, NFTs, AI agents, or Memes; we don't mind. Everyone's strategy is different (we will focus on DeFi, NFTs, and possibly RWA if BlackRock starts to heavily promote this narrative).

In short, set aside dedicated time to study cryptocurrencies to avoid neglecting your cash flow machine. When the music stops, you will be one of the few who can buy in at a discount.

1-3 Avoid discussing cryptocurrency with "ordinary people"

This industry has been around for ten years. The basics are already well known, but the quality of people entering this field is extremely low, and many do not even understand the most basic knowledge. This is beneficial for your investment, but detrimental to your mental health.

Instead of trying to educate them, it's simpler to say: "I don't really understand, I just hold a small amount of Bitcoin." This will save you a lot of time. Your logic is: you only hold a little bit of "the most famous coin," and that's it.

It is no longer the time to persuade others. If someone has not made wealth during this cycle, the floor price will be too high for them, and they will never be able to build a position. This means you no longer need to explain "computer currency on the internet" to your uncle Sal. It is already too late for them.

In summary, avoid communicating with ordinary people. If they don't even know the difference between centralized and decentralized, there's no need to continue the conversation. You can test their knowledge level by saying, "I don't really understand, can you tell me about cryptocurrency?" Once you hear incorrect information, decisively end the conversation.

1-4 Hold "De-risk" Assets

The problem with a bull market is that your net worth can grow exponentially. When you reach or get close to your "target number," you might ask yourself, "Where else can I invest this money?" This question can lead you to hold on longer, ultimately resulting in missing out on life-changing gains in highly valuable meme coins.

If you don't have a plan, you will lose everything. We recommend that most people invest their funds in their primary residence. Others may choose to invest in stocks. It depends on the composition of your investment portfolio.

Just because a Meme coin has risen by 1000%, while the S&P 500 only rises by 10% each year, doesn’t mean you should hold 100% of your assets in Meme coins. If you do, you are likely to lose everything in the inevitable -99.99% crash of the Meme coin.

In short, clarify "what the money is for." If you are just trying to make the numbers on the screen bigger, you are likely to fail in this bull market. Specify the exact use of the funds.

1-5 Do not neglect health or personal life

I admit that I have made this mistake multiple times, but it really isn't worth it. The basic measures listed above will actually help you a lot. If you set price alerts and clarify the target assets to reduce risk, you will do better than 95% of people (really).

In addition, we recommend setting aside at least 45 minutes for exercise each 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 usually means going out on Thursday and Saturday nights. If you have a family, it means keeping up with the daily routines of your children/spouse or other family members.

If you have to choose between the two, you can reduce your exercise time by about 25%, but not more. If you reduce your fitness from 5 days a week to 4 days, it's not a big deal and understandable. But if you reduce it from 5 days to 2 days, you will regret it.

Summary

Everyone's life situation is different. We don't care whether it's $50,000 or $50 million that can change your life; the principle is the same. You need a basic system to prevent yourself from going crazy. The above advice may seem simple, but it is very difficult to execute.

Set specific price alerts for the assets you want to buy or sell.

Make sure to hold on tightly to your main source of income and continue building your WiFi business. Set aside specific time to research new projects/NFTs, etc.

The only purpose of money is to improve your life, make sure you know what the plan is - a house, a car, or other specific goals. Don't forget the significance of the numbers on the screen.

Don't ruin your health or personal life. You might get a little addicted to the bull market frenzy, but sacrificing your health for "possibly earning 10% more returns" is not worth it. It makes no sense, and you will pay a heavy price when the next bear market arrives (we don't intend to go down with the market in a bear market).

02

Rules of the Goddess of Fortune

If you are experiencing a bull market for the first time, you are likely to continue holding during a drop of 60-80%, and you may even incur losses (many people fail due to greed). If you are experiencing it for the second time, you may sell too early due to the trauma (PTSD) from the previous cycle.

Rule 1: Do not pursue integers

If you're young, is your goal 1 million dollars? Guess what happens, you might reach 876,000 dollars or close to that number, and then the market suddenly takes a sharp downturn.

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

The goddess of fortune does not like integers; this is almost a manifestation of greedy psychology. She will immediately take away your wealth.

Rule 2: Never tell others about your wealth

If you want to increase your chances of generating wealth over generations, the goal is to tell everyone that you are poor and have nothing. If you have 10 BTC, say you only have 1. If you have 10,000 ETH, say you have 100. And so on.

If you shout "I told you all!!!" on TikTok because a certain Token has increased 5 times, we are sure you will lose everything in a bear market, and even more.

Besides celebrities or professional athletes, Lady Luck only bestows great wealth upon those who remain low-key. Who is Aron Landy? That's right, most people would have to look up this name.

Rule 3: Be happy for anyone who is successful

The vast majority of people are envious. If you are right 95 times out of 100, they will constantly emphasize the 5 times you were wrong, without realizing that this proves how high your accuracy rate is. If mistakes are rare, it indicates that they are not the norm.

If someone made 10 times profit on Meme coins, cheer for them. The same goes for NFTs that made 2-3 times profit. Jealousy or envy brings no benefits, it only lowers your luck.

The goddess of luck always rewards the winners. If you don't need something, you will get more. If you are always jealous or hate others, your luck is likely to shift to them.

Rule 4: Sell when self-inflating

You may have mentioned cryptocurrency to a few people, only to receive strange looks in return, and you've tried to explain it to them countless times. Even if some people have a slight understanding and hold a small amount (like 2 BTC), they might think you're crazy because they just jokingly bought a bit and don't really understand it (otherwise they would be as crazy as you).

If your parents and friends - those who once laughed at you - start saying "you were right," it's time to sell.

The goddess of fortune does not reward those who do not respect money.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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