1/ Follow your niche: 😍
Research and concentrate on projects that match what you like and know about to make better decisions.
• For example, low-cap, Dex-based, highly volatile, top 100, or coins with strong fundamentals
2/ Ride on Narrative Waves: 🌊
Everybody wants to ride with narratives for better gains.
• Prepare a narrative-wise list of your coins.
• In a bull market, about 30–40 narrative plays
• None of the trends will last longer; there can be 2 or 3 waves in every trend.
3/ Capital amount out: 💸
• When your have gained 4x to 5x from your initial investment, try to cash out a portion of your investment.
• This will help you to make more confident decisions.
4/ Understand the Noise: 🔊
• Understanding market sentiment helps you catch changing trends, and in a bull market, there are often rapid recoveries from significant crashes.
5/ Experiment with Small Funds:💱
We have all witnessed that some experimental projects gave life-changing money to their early investors.
• e.g., $DOGE $SHIB $PEPE and other experimental tokens gave huge profits to their early inverters. But latecomers lose all the money in speculations.
• Test new strategies or assets with a small portion of your portfolio to mitigate risk.
6/ Learn from Mistakes: 🫡
• Me and you all know the previous mistakes that we regret later. So analyse your previous trading mistakes and try to avoid repeating them.
7/ Set Exit Points: 🫷
• Many early users in the bull market made good money with their wise decisions. But mostly lose it again because of greed and fomo.
• So define clear exit points for your trades or cut losses based on predetermined criteria.
8/ Hold Strong: 👫
• Booking profit is a good idea but in bullrun holding potentially good coins can leads to a big gain.
9/ Monitor Bitcoin Dominance: 🧐
• Tracking Bitcoin dominance will help you analyze market sentiment, altseasons, and determine the appropriate time to exit.
10/ Avoid Regrets: 🤦♂️
• The bull market is full of regretful trading for weak hands, so understand the trading psychology of whales.
• Some people (Beginners) feel bad about not making more money. Don't worry too much about what you didn't do.
11/ Stay Updated on News: 📰
• There are big effects of news in bull market, so keep update yourself with upcoming events, partnerships, or regulatory developments.
• Sometimes even old dead coins can make a lot of money with good news.
12/ Beware of Influencer Coins: 📢
• Think twice when investing in projects heavily promoted by influencers; when the market turns bearish, we have seen the biggest drops in those coins.
13/ Understand Valuation Metrics: ⚙️
• Evaluate projects based on fundamental factors such as utility, team, tokenomics, and market demand rather than hype. This will help you not jump into overvalued, hyped coins
14/ Seek Undervalued ICOs: 🪙
• Conduct thorough research to identify promising ICOs with strong fundamentals and growth potential.
15/ Buy the Dips: 🩸
• The bull market is highly volatile and trading in that environment required much experience.
• View market corrections as opportunities to buy fundamentally strong projects at discounted prices.
16/ Emotional Control: 🤯
• Don't get too scared or too excited. Stick to your plan and don't make quick decisions.
17/ Don't Settle for Small Profits: 🤏
Avoid early selling and set your selling target as per your strategy.
• Not everyone can hold coins up to 100x, and who knows, it will go higher because there are many big drops in the 100x journey.
18/ Plan Exit Strategy: 🔚
• After the last bull market, a lot of bad things happened. If you make a lot of money, think about getting out.
• Consider converting profits into stable assets or fiat currency when exiting the market to secure gains.