Are we looking at a hype for the so expected bull run? 🤔📈🚀
It is hard to know, and I won’t tell you what to do, or give you any advise.
I only want share the aspects I consider important to better my experience in the crypto market.
We are in uncertain territory due to events happening outside the crypto market. The world is crazy as it is, we have also huge new geopolitical movements like BRICS that add uncertainty.
However, without a doubt, blockchain and new technologies are here to stay, we know this has been adopted more and more, and there are great projects and ecosystems for DeFi, CeFi, and many more applications of governance, smart contracts, and solutions to many problems the world has today!
It's important to understand the impact of whales and manipulations in a lightly regulated market; it's like the Wild West.
For me, having a strategy and documenting it is crucial to take advantage of opportunities in different coins. $BNB
For example, to accumulate $BTC , I use dollar-cost averaging for coins that are important to me due to their technological contributions, max supply, all-time highs, community adoption, differentiation, and of course, use cases and partnerships. There are many projects with a lot of potential.
I also trade coins that fluctuate significantly in a lateral manner, enabling me to buy and sell and make profits through scalping. Like $XRP (which has huge potencial of course)
And of course, everything should include some fun, which is why there are many meme coin projects that give me FOMO.
I track my portfolio to know and set balanced percentages for each approach.
Educate yourself; do your research, get on board, and enjoy the ride!