⚠️ ⛔️ The 6 mistakes not to make during a crypto bull run⚠️⛔️
#BULL-RUN
#mistakes

Whether you are a novice or an expert in the field, it is always good to remember the mistakes not to make during the bull run.

1-No FOMO

Very often, when you are asked to rush, it is to prevent you from thinking. Take your time, don't rush headlong. Because that’s the best way to make mistakes. If you missed the train, don't panic. There will be other opportunities to invest in crypto projects to take advantage of the bull market.

2-not controlling your emotions

When the market collapses, do you get scared? It’s the panic sell: you didn’t sell because you wanted to sell, but because you were afraid of losing. And, often, when we panic sell, we sell at the worst time.

3-go “all in” on a project

You haven't bought Bitcoin (BTC) or Solana (SOL), and you're afraid the bull run is slipping away from you. And you're going to make a big mistake: putting all your money into a project, telling yourself "if it explodes, I'll get rich!" ".

4-diversify too much!

Don't make the mistake of putting 20 euros on 100 different cryptocurrencies. You will forget that you invested, earning 3 euros here, and 7 euros there. In the end, you're going to lose more money on fees than you're going to make. Over-diversification is as negative as putting all your money into one project.

5-trading with leverage

During the bull run, we try to make money, a lot of money. This results in trading with leverage.

Leverage is often misunderstood by novices. Especially since during a bull market, volatility is very high. And it goes both ways! If a rapid correction occurs, it’s the margin call! Your position will be liquidated, and you will lose money.

6-wait for the “best” time to sell

In the same way that you should not buy in haste, you should not sell in haste.
The bull market is making us do stupid things! As with buying, determine in advance what price you want to sell for.

➡️ Here are some of the biggest mistakes I usually make as a beginner in crypto trading… 👀

⏱️ I’m impatient. It looks like FOMO (Fear Of Missing Out) combined to a huge desire to earn as much as I could if I took perfect positions…
Day after day, I’m trying to be more patient, following my strategies instead of trading every little wave I see !
Drawing lines on charts can help to improve with predictions but also with patience ! When you see a triangle, a flag, any pattern between resistances and supports… Be patient and wait to watch two major things : if your chart is working or if it could be better, and how the coin/token is behaving between those lines… 📈📉

♣️ I’m gambling ! Want more and more gains… putting everything in a basket to get an incredible increase… With leverages x50…
That’s very dangerous. I know everyone is already saying that, but beginners like me still gamble until they fall… Once, twice, three and ten times, and even more ! We need to slow down again and again to finally realize that gambling like that is only a way to lose everything everytime…
We all want to earn money here, right ? We can do it so much better while being careful !

🤬 I don’t accept losses… This leads me to not believe a coin is gonna be down (I don’t trade shorts it’s too risky), and hope it’s still on a good way for me… while obviously it isn’t 😂
We need to respect the stop loss we set… (such as the TP !)

I hope all that can help other beginners like me, it’s the reason why I’m writing it now 😂
If some of you are seeing it and want more posts like this one, don’t hesitate to share your thoughts and ask me anything !

#mistakes #learn #improve #trade #Altcoins