btw pro tip for the new guys: during a bull market you should actually be doing *less*, not more
by over-rotating on your positions trying to catch the latest thing, or worst still, chase what is pumping, you mathematically erode your gains
ex:
โ you hold $10k of token X. it doesn't move for weeks
โ you get bored, sell it, and buy token Y, which is already up 50%
โ Y goes up another 10%. you're at $11k. you feel smart. you don't take profit
โ Y cools off and drops 27% from the top. you're now at $8k
โ meanwhile X, the token you sold, finally runs 50%
if you had done nothing: $15k
because you "did something": $8k. 7k gap from one rotation, and a +25% to get back to where you started
in a bull market, the most important thing to do, is sit on your hands. ideally you should have planned, allocated, and all you have left to do now
is to hold.
better to build a giga sized position in one bottomed play where the downside is limited and you know attention will eventually rotate back than chase ten random tickers and lose money 99.99% of the time.