1. Buy into the hype
In a bull market, fundamentals don’t apply. Projects with terrible token economics and technology can easily gain 100x just by good marketing.
If you want to hold for the long term, focus on fundamentals. If you want 50x-100x gains, buy the hyped tokens early!
2. Don’t sell too early
It's early days in the bull market, so just take small profits and let the winners run for another 12 months.
The exception is if you hold a hyped coin (1⃣) and it has a huge run-up, then you should be more aggressive in taking profits as the hype will die down quickly!
3. Accept Mistakes
That being said, you will make bad decisions. I have seen too many people put money into bad positions throughout this bull market hoping to hit it big one day…
If a project doesn’t take off in a bull market, admit you were wrong, sell it, and buy something better!
4. Leave
In a bull market, you can always find an excuse to stare at the screen.
Endlessly staring at charts or cryptocurrency prices is counterproductive. You’ll get exhausted.
Taking time off can make you feel refreshed and more productive when you return
5. Don’t use leverage
97% of leveraged traders lose money. Stop gambling.
Leveraged trading is actually designed to make exchanges rich. That’s why they are worth billions of dollars.
Make millions in crypto easily without leverage. You don't need it!
6. Degen Investment Portfolio
Cryptocurrency investing is not about low risk. But you have to balance the risk so that you don't lose everything.
I have a normal portfolio and a smaller degen portfolio. This way I can buy shitcoins when I want but the bulk of my funds are still safe!
I hope these six tips will help you get rich in this bull market. If you found this post useful, please like and share it.
