#Write2Earn Trading a bull run is harder than you think ‼️
Trending
90% of people are going to fumble the bag again this cycle.Please don't be one of them.This could be your last chance to make it in crypto.
🧵: Here are 15 rules you must follow in order to maximise this bull run.👇
1. Keep things simple.
As the market heats up, things can get overwhelming.More distractions, more opportunities, more noise.Don't lose focus.Pick a niche, stay in your lane, find an edge and stick with it.Accept that you're going to miss opportunities and be ok with it.2. Accept that hype > fundamentals.This can a tough pill to swallow.But in a bull market, hype and speculation are the strongest price drivers.Focus less on fundamentals and more on understanding market psychology.
3. When you have a strong thesis, back it with conviction.Size up when the stars align."Play long enough, you never change the stakes, the house takes you. Unless, when that perfect hand comes along, you bet big, and then you take the house." - Oceans 11.4. New coins are gud coins.
The market loves gravitating towards the new, shiny objects.These will often outperform their older predecessors.Many of the strongest gainers will be the newly listed tokens, especially those with a low float.5. Don't let corrections shake you out.During a bull run, the worst thing you can do is get shaken out prematurely.These dips will psychologically test you, but are completely normal during a bull run.Minimise leverage on core positions, don't panic, and keep conviction.6. Zoom out. People get too caught up on smaller time frames.This doesn't only apply to buying/selling, but also the time frame in which you evaluate a thesis/idea.Don't let inconsequential price movements deter you.7.Add on dips.
In an uptrend, dips should be treated as a gift.Focus on accumulating the strong coins that hold up well.These often pump the hardest on the rebound.
8. Long the leaders.Within a narrative,the first mover advantage is substantial.Often times sticking to the leader of a specific trend is a better R/R play than longing the👇