After going through several rounds of bull and bear markets, I now choose long-term targets, roughly ranked as: business model > real revenue > valuation.
#交易之声：你的经验值得被听到
In the past, when trading, it was easy to be swayed by narratives and price surges. When the bull market arrives, seeing hot sectors and altcoins continuously rising, I thought that just getting on board would allow me to catch the trend. But after experiencing several major fluctuations, I realized that the logic of price increases and the logic of long-term holding are completely different.
Now when researching a target, I first look at whether it has real revenue, whether the business model is clear, and whether the project has the ability to continuously create value. If it fails these, no matter how cheap the valuation is, I won’t touch it.
Conversely, if the project has real business, users, and continuous revenue, then I judge whether the current valuation is reasonable.
Also, during bull markets, I pay attention to funding rates and market crowding. The higher the leverage and the crazier the sentiment, the more necessary it is to control position size.
I used to think about seizing every opportunity, but now I increasingly feel: the crypto world never lacks opportunities; what’s lacking is an account that can survive to wait for the next opportunity.
Long-term holding is not about trying to catch every wave fully, but about finding targets you truly understand and can hold onto.
Being able to see opportunities and also let them go. As long as the account is still in the game, that is steady happiness.
$BTC#本周迎非农与PCE关键数据#财报观察员：美光财报临近，AI存储需求成焦点
