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Here is my crypto bull market playbook:
(Simplified Full Guide For Beginners)
1. Clean up.
Remove all useless indicators, and simplify your technical analysis.
Unfollow distracting social media accounts.
Learn bankroll management so you stop blowing up accounts.
2. Focus on 1 strategy
You don't need to hop on every trend.
Just 1 set up.
That's all you need to make a meaningful income.
3. Be consistent
Build a solid routine that you can stick to and show up daily.
This is the hardest and most important step.
4. Always start by charting $BTC.
If $BTC looks strong, it's safe to trade.
If $BTC looks weak, the whole market will go down with it.
When you trade is more important than what you trade.
5. Guage market sentiment
Most overcomplicate this. I use two tools.
-X to gauge sentiment and look for trending narratives
-Group chats I'm in with industry experts and skilled traders
You can use X accounts, macro, greed and fear, on chain analytics or anything else.
6. Keep a watchlist of the top movers.
Use coinmarketcap or similar tool and see which coins have the biggest 24h % change.
Always bet on the winning horse.
Buy high, sell higher is the most underrated bull market strategy.
7. Find your tribe.
Join a community and make friends with people on the same mission as you.
You will enjoy the journey more and learn 10x as fast.
8. Don't disappear when it gets boring.
Price will dump 40%+ and price will go sideways for months.
Winners will stay through it all.
9. Follow the hot narratives
2017 we had ICOs
2020/2021 we had NFTs, DeFi, GameFi, IDOs
Now we have meme coins.
Don't sleep on what's hot now for any reason.
If you don't have a strategy yet, it's not too late to follow me @BitEagle News đ
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