Bull Market Three Pitfall Avoidance Guide

Ethereum surges, the altcoin craze returns, and those wanting to seize the bull market are gearing up. But remember, in the past, some have missed great opportunities due to poor decision-making. Now, faced with the market trend, invest rationally and pursue safe returns.

Community and KOLs: Be cautious of those projects promoting locked positions by leveraging popular sectors, especially those with high valuations, difficult to list on exchanges, and high selling pressure. Try to choose positions that can be unlocked quickly to avoid peak listings.

Staking Lock-up: Unless you participated early to enjoy high staking returns, don't easily lock up assets. In a bull market, assets should be operated flexibly; don’t miss good opportunities due to staking. Staking under favorable news may yield poor returns.

Contract Authorization: On-chain players should prepare wallets and authorize cautiously. Don't wait until your assets are stolen to regret it. In a bull market, protect your principal, diversify assets, and prioritize safety. Withdraw funds from small to medium exchanges as soon as possible to avoid risks.

In summary, while the bull market is great, avoid these three pitfalls: blindly following trends, impulsively locking up assets, and authorizing carelessly. Wishing you success in the crypto world! If you like it, please like, follow, and share!