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CryptoBoy007
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I lost +60% on my crypto investments due to this error. It was during the old bullrun. During these rather bullish periods, Many think that the Bull run is on ⬇️ And I was part of that team. Because ? Some altcoins which are outperforming the market and $BTC which is not stopping. Yet, These periods are regularly moments of euphoria as we experienced in February 2023. When the February one on AI stopped, many altcoins fell by more than 60%. I'm not saying that these are always periods of euphoria. ❌ BUT For me, the $42,000 to $50,000 zone is the border between the rally and the bullrun. Never FOMO $BTC $PEOPLE #BinanceTrends #PEOPLE-7.85%

I lost +60% on my crypto investments due to this error.

It was during the old bullrun.

During these rather bullish periods,

Many think that the Bull run is on ⬇️

And I was part of that team.

Because ?

Some altcoins which are outperforming the market and $BTC which is not stopping.

Yet,

These periods are regularly moments of euphoria as we experienced in February 2023.

When the February one on AI stopped, many altcoins fell by more than 60%.

I'm not saying that these are always periods of euphoria. ❌

BUT

For me, the $42,000 to $50,000 zone is the border between the rally and the bullrun.

Never FOMO $BTC $PEOPLE

#BinanceTrends #PEOPLE-7.85%

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How to navigate and emerge winners with considerable profits in Bear market? In this phase, the challenge is not so much to enter – after all, everyone does it when it goes up... The real challenge is still once to GET OUT! Since, with a little experience, we know that it will drop sharply at a given moment, it is inevitable because of the massive profit-taking of the first winners, always richer by the liquidity stored during the bull run. 🎯 So, how to go out well? First, forget about going out at the peak: it's impossible, only luck can ideally make you go out at the highest point. So anyone who tells you they are coming out at BTC's ATH are either liars or lucky. 💸 Then you have two good ways to go out on top. The first is the definition of credible profit-taking objectives. For example, an ETH at 6000 euros. And when you reach it, you secure a win or your initial bet. 📊 You do not maximize your gains, but you ensure a certain gain, and that is worth a lot when we know that less than 20% of players emerge winners from a bull market. 🤖 The second smart way usually happens after the first profit taking. It is the identification of the end of the bull market, which is much more delicate, and it is better to have algorithms for this. 🔚 To identify the end of the bull market: look at Bitcoin. A significant loss of -20% over 24 hours with current volatilities, after an explosion in altcoins, has often meant the end of the bull market. At that point, you will have made a loss on BTC, a little less on the alts which will be late, but you will, overall, have made profits, and it will be time to go on vacation for 6 to 9 months... Or... to short the market. 💡 Navigating through the bull and bear phases requires understanding, patience, and strategy. Regardless of the market, the objective remains the same: make informed choices to protect and maximize your investments. $BTC $ETH $BNB #BullishStrategy #BullMarket📈
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