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1️⃣ Bitcoin increased 64 times from 2015 to 2021

2️⃣ Bitcoin increased 18 times from 2020 to 2021

3️⃣ Ethereum increased 53 times from 2020 to 2021

Today I will talk about 5 things to remember about the bull market

Bull markets are times of optimism and growth, and can be great opportunities for huge gains. However, it’s important to remember that bull markets don’t last forever, and it’s crucial to approach them with a healthy dose of caution while keeping an eye on long-term goals. 🙂

Here are some things to keep in mind when trading and investing in a bull market:

🚨 Don’t get caught up in the speculative frenzy
It is important to keep a cool head and avoid making impulsive decisions based on short-term gains. Take the time to thoroughly research any trade you are considering. It is always good to focus on a view that has strong fundamentals and technicals.


📚 Pay attention to valuation
In a bull market, it is common for prices to rise, sometimes to levels that are not justified by underlying fundamentals. It is important for investors to pay close attention to supply, demand, valuations, etc. to ensure that the assets you hold are reasonably priced.


🔔 Be prepared for a reversal
Like all good things, bull markets eventually come to an end. Therefore, one must be prepared for a downturn. It is always good to manage risk exposure by employing techniques such as diversification, hedging, etc.


💸 Control your risk
It's normal to want to hold on to a position that's performing well, but it's important to remember that bull markets eventually end.
If you have already made a solid gain, then tracking may be a good option to lock in profits if conditions change rapidly. Letting the winners ride the wave by constantly tracking your positions is a particularly good strategy for increasing the risk-reward ratio of your trades.


📈 Keep a long-term perspective
Trading is a marathon, not a sprint. Bull markets can be great opportunities to profit, but it’s important to keep a long-term view of your goals. Did you miss out on a big move? Don’t get angry and make a bad decision. There will be more opportunities in the future to apply what you’ve learned.


Bull markets can provide excellent opportunities, however, they must be approached with caution and with clear personal goals. Consider the risks and rewards of each investment, keep a close eye on valuations, and always be prepared for a downturn.