Key Mistakes to Avoid During a Crypto Bull Run.
1. Lack of Strategy
Fix: Define entry/exit points and profit milestones.
2. Failing to Take Profits
Fix: Take profits incrementally as your portfolio grows.
3. Trading with Emotions
Fix: Stick to a logical, research-backed plan.
4. Chasing Hype (FOMO)
Fix: Invest during corrections or quieter market phases.
5. Over-diversifying
• Fix: Focus on 5–10 high-quality projects for better growth.
6. Skipping Research (DYOR)
Fix:
Study tokenomics.
Read white-papers
Evaluate the project’s real-world utility.
7. Ignoring Security Best Practices
Fix: Use wallets for secure asset storage and enable two-factor authentication (2FA) on accounts.
8. Ignoring Emerging Trends
Fix: Diversify into sectors like AI, gaming, or RWAs to capitalize on new opportunities.
9. Over-Leveraging
Fix: Avoid leverage unless experienced, and never risk more than you can afford to lose.
10. Underestimating Market Cycles
Fix: Plan for downturns by securing profits and holding reserves for reinvestment.
Crypto success is about preparation, discipline, and staying informed. Focus on quality investments, secure your funds, and approach the market with a long-term mindset. By avoiding common pitfalls, you can maximize gains and position yourself for sustainable growth