1/ Follow your niche: đ
Research and concentrate on projects that match what you like and know about to make better decisions.
⢠For example, low-cap, Dex-based, highly volatile, top 100, or coins with strong fundamentals
2/ Ride on Narrative Waves: đ
Everybody wants to ride with narratives for better gains.
⢠Prepare a narrative-wise list of your coins.
⢠In a bull market, about 30â40 narrative plays
⢠None of the trends will last longer; there can be 2 or 3 waves in every narrative.
3/ Capital amount out: đ¸
⢠When your have gained 4x to 5x from your initial investment, try to cash out a portion of your investment.
⢠This will help you to make more confident decisions.
4/ Understand the Noise: đ
⢠Understanding market sentiment helps you catch changing trends, and in a bull market, there are often rapid recoveries from significant crashes.
5/ Experiment with Small Funds:đą
We have all witnessed that some experimental projects gave life-changing money to their early investors.
⢠e.g., $DOGE $SHIB $PEPE and other experimental tokens gave huge profits to their early inverters. But latecomers lose all the money in speculations.
⢠Test new strategies or assets with a small portion of your portfolio to mitigate risk.
6/ Learn from Mistakes: đŤĄ
⢠Me and you all know the previous mistakes that we regret later. So analyse your previous trading mistakes and try to avoid repeating them.
7/ Set Exit Points: đŤˇ
⢠Many early users in the bull market made good money with their wise decisions. But mostly lose it again because of greed and fomo.
⢠So define clear exit points for your trades or cut losses based on predetermined criteria.
8/ Hold Strong: đŤ
⢠Booking profit is a good idea but in bullrun holding potentially good coins can leads to a big gain.
9/ Monitor Bitcoin Dominance: đ§
⢠Tracking Bitcoin dominance will help you analyze market sentiment, altseasons, and determine the appropriate time to exit.
10/ Avoid Regrets: đ¤Śââď¸
⢠The bull market is full of regretful trading for weak hands, so understand the trading psychology of whales.
⢠Some people (Beginners) feel bad about not making more money. Don't worry too much about what you didn't do.
11/ Stay Updated on News: đ°
⢠There are big effects of news in bull market, so keep update yourself with upcoming events, partnerships, or regulatory developments.
⢠Sometimes even old dead coins can make a lot of money with good news.
12/ Beware of Influencer Coins: đ˘
⢠Think twice when investing in projects heavily promoted by influencers; when the market turns bearish, we have seen the biggest drops in those coins.
13/ Understand Valuation Metrics: âď¸
⢠Evaluate projects based on fundamental factors such as utility, team, tokenomics, and market demand rather than hype. This will help you not jump into overvalued, hyped coins.
14/ Seek Undervalued ICOs: đŞ
⢠Conduct thorough research to identify promising ICOs with strong fundamentals and growth potential.
15/ Buy the Dips: đŠ¸
⢠The bull market is highly volatile and trading in that environment required much experience.
⢠View market corrections as opportunities to buy fundamentally strong projects at discounted prices.
16/ Emotional Control: đ¤Ż
⢠Don't get too scared or too excited. Stick to your plan and don't make quick decisions.
17/ Don't Settle for Small Profits: đ¤
Avoid early selling and set your selling target as per your strategy.
⢠Not everyone can hold coins up to 100x, and who knows, it will go higher because there are many big drops in the 100x journey.
18/ Plan Exit Strategy: đ
⢠After the last bull market, a lot of bad things happened. If you make a lot of money, think about getting out.
⢠Consider converting profits into stable assets or fiat currency when exiting the market to secure gains.
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Thanks for reading my article, Don't treat it as any financial and investment advice.
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