The main point is to focus on preserving your profits, not just earning them. It's anticipated that Bitcoin will reach its all-time high (ATH) in around 12 months. However, as the ATH approaches, the hype and irrational exuberance in the cryptocurrency community will intensify.
People will start chanting phrases like "WAGMI," "#HODL ," and "diamond hands" without critical thinking. If you let these thoughts influence you, you risk losing your gains and returning to square one, which could be unfortunate given that this might be the last major crypto bull run.
To avoid this, you should stay rational and have a clear strategy. Bull markets typically last around 10 months, so you have a limited time to profit after the #ATH .
The suggested strategy involves slowly taking profits in the first five months, selling 10%-20% of your positions in altcoins during pumps, and reinvesting some on dips. In the last five months, you should take profits more aggressively, selling 20% or more during price surges. The aim is to reduce your holdings in the latter half of the bull run.
The exception is gaming altcoins with a strong player base, which might not closely follow Bitcoin's trends. These can be held, but only after proving their worth.
