If I knew back in 2021 what I know now, I would have made 50x as much money 🙌
These 7 powerful tips will give you a massive shortcut this bull run
1. Scale-Out
Bull runs typically last 18 months from the halving. But many alts will rally and then crash before the bull run ends.
You need to scale out of alts that have crazy rallies.
If you want a FULL guide on taking profit, drop a comment below and lemme know
2. Do Your Own Thing
In crypto, people are always chasing what's hot.
A big airdrop happens, giving some $10k... everyone starts farming airdrops. Tap games start printing money... everyone starts tapping.
This is a losing strategy 👇
By the time it's hot, it's too late. If everyone is farming airdrops, there will be far fewer tokens to go around.
The trick is to wait for something to be unpopular to invest time into it.
Nodes and airdrops are unpopular at the moment
3. Cut Losers
A big mistake I made in 2021 was holding on to losers, hoping they'd turn around.
If a token performs badly in the middle of a bull run, it's not worth holding, in my opinion.
I cut losers early these days. Better to buy strength than hold weakness!
4. Control Your Fear
There will be rough days this bull run. Days when BTC dumps more than 10%, alts more than 20% and you might start thinking, "It's all over!!"
But look at the last cycle: 10%-20% dips were common. Imagine you panic-sold everything back then!!
Especially when the knob wombats on here start freaking out.
Fear is infectious, and you MUST learn to control it.
Develop a mindset of buying into fear instead of being weak in the face of it. The bull run rewards those with the biggest balls.
5. Don't Chase 100x
Catching a 100x is awesome, but they are rare! Even more so this run!
By chasing 100x cryptos, you fall into the trap of holding way too long!
You might be up 10x, which is huge, and then you roundtrip to a loss because you are waiting for 100x.
Mathematically speaking, a few 5x gains are worth more than a 100x anyway:
$100 x 5 three times over ($12.5k) is more than $100 x 100 once ($10k) 🤯
And it's a lot easier and faster to catch a 5x than to wait for a 100x that may never come.
Stop chasing those huge wins!
6. Get Away
In the bull run, it's hard not to be deep in crypto 24/7!
But endlessly staring at charts and prices is counterproductive. You will burn out.
When it gets too much, don't power through, take a few days off and come back stronger!
7. Love = Broke
There's no place for love in crypto, it impedes objectivity!
Many fell in love with LUNA and lost it all in 2022. Many loved ADA at $3 because of sMarT cOnTrActs, and it has only gone down since.
Cult coins are risky. I learned this early.
End Of Article.
If you enjoyed this article, a like/follow would be greatly appreciated!
Purely educational, not financial advice.
Support BitEagle News, vote for us right here on our profile @BitEagle News 👈
You also have a chance to win from the $50,000 prize pool if you keep on voting for BitEagle daily.
