1. Avoid Over-Expecting a Correction: Believing that the current price has peaked and waiting can lead to missed opportunities of more than 10x.
2. Understand Profit-Taking: Unrealized gains do not count as profits. Reinvesting profits into high-risk coins doesn’t count as profit either. Converting profits into mainstream coins or stablecoins is the way to secure gains.
3. Know When to Stop-Loss: Coins that are consistently in a downward trend without upward momentum should be sold to avoid missing the entire bull market.
4. Pay Attention to Hype and Sentiment: Speculation drives a bull market. It’s crucial to find projects that attract attention and are easy for retail investors to understand.
5. Avoid Being Overly Conservative: Slight negative news shouldn’t trigger bear market PTSD.
6. Don’t Change Positions Too Frequently: Strong-performing coins will dominate the entire bull market cycle, such as MEME and AI.
7. Don’t Try to Predict the Top: This means you’re battling your own greed.
8. Remember the Market is Cyclical: Don’t assume this time will be different or that the next cycle will have smaller opportunities. Every cycle presents different opportunities.
My Profit today:
https://medium.com/media/004c2b00bd27f262e6ac00afa2f07084/href
👉Get Free Simple Trading Ebook HERE
****** BEST CRYPTO EXCHANGE with exclusive BONUS ******
- BINGX free $5,000 bonus : Join Now
- BINANCE $300 bonus + safest: Join Now
- BITGET: $6200 welcome gift: Join now
- BYBIT free $30,000 bonus : Join Now
👉VPN Deal Here
Most people will end up with nothing at the end of a bull market was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.