90% of people are going to fumble the bag again this cycle.Please don't be one of them.This could be your last chance to make it in crypto.🧵: Here are 15 rules you must follow in order to maximise this bull run.👇1. Keep things simple.As the market heats up, things can get overwhelming.More distractions, more opportunities, more noise.Don't lose focus.Pick a niche, stay in your lane, find an edge and stick with it.Accept that you're going to miss opportunities and be ok with it.2. Accept that hype > fundamentals.This can a tough pill to swallow.But in a bull market, hype and speculation are the strongest price drivers.Focus less on fundamentals and more on understanding market psychology.3. When you have a strong thesis, back it with conviction.Size up when the stars align."Play long enough, you never change the stakes, the house takes you. Unless, when that perfect hand comes along, you bet big, and then you take the house." - Oceans 114. New coins are gud coins.The market loves gravitating towards the new, shiny objects.These will often outperform their older predecessors.Many of the strongest gainers will be the newly listed tokens, especially those with a low float.5. Don't let corrections shake you out.During a bull run, the worst thing you can do is get shaken out prematurely.These dips will psychologically test you, but are completely normal during a bull run.Minimise leverage on core positions, don't panic, and keep conviction.6. Zoom out. People get too caught up on smaller time frames.This doesn't only apply to buying/selling, but also the time frame in which you evaluate a thesis/idea.Don't let inconsequential price movements deter you.7. Add on dips.In an uptrend, dips should be treated as a gift.Focus on accumulating the strong coins that hold up well. These often pump the hardest on the rebound.8. Long the leaders.Within a narrative, the first mover advantage is substantial.Often times sticking to the leader of a specific trend is a better R/R play than longing the lower-cap beta plays.9. Lower your IQ.Don't laugh - it works. Evidence? $DOGE, $SHIB, $PEPE etc.Try not to outsmart yourself.10. Ladder out.Making money in a bull market is easy, but keeping it is difficult.Regularly take profits and siphon them into a separate cold wallet.I'd rather give up a small % of my potential gains than walk away empty handed.11. Don't rotate.As tempting as it is, don't get stuck in the loop of rotating profits from one investment to another.This game of hot potato is all good and well, until you drop it.It's better to predefine a % of your profits that go into stables vs back into the market.12. Don't short.Fighting the trend is a dangerous game in any trending market.In crypto, longing offers a better R/R ratio as it has unlimited profit potential with losses limited to the initial investment.13. Leave a moon bag.It's prudent to take profits after achieving massive gains. But in a bull market, oftentimes the subsequent gains dwarf your actual profits.Leaving a moon bag (small position) ensures that you retain some exposure in case things truly go parabolic.14. Refine your information sources in social media. The results you get out are only as good as the information you put in.15. Make hay while the sun shines.These conditions don't last forever.Those who were around in 2017 and 2021 have experienced this first hand.Take your opportunities. Whether it be airdrops, IDOs, DeFi or trading.Now is the time to get stuck in the weeds and get involved.I hope you've found this thread helpful.Follow me for more content like this + deep dive altcoin research, analysis, airdrop opportunities and more.Also, Like the quote,share below if you can#Write2Earn #TrendingTopic

The cryptocurrency market can be both exciting and daunting, especially for newcomers. To avoid common pitfalls and maximize your chances of success, it's essential to understand the mistakes to steer clear of. Here's a breakdown of common crypto mistakes beginners often make:
1. FOMO (Fear of Missing Out):
* Irrational Investments: Avoid making impulsive investments driven by fear of missing out on potential gains.
* Emotional Decision-Making: Let rational analysis guide your decisions, not emotions.
2. Over-Diversification:
* Complexity: While diversification is essential, excessive diversification can make it difficult to track and manage your portfolio.
* Risk Spread: Focus on a few well-researched projects to effectively spread risk.
3. Ignoring Fundamental Analysis:
* Short-Term Fluctuations: Don't solely rely on technical analysis. Understand the underlying technology, team, and market potential of projects.
* Long-Term Value: Invest in projects with strong fundamentals for sustainable returns.
4. Not Setting Realistic Goals:
* Unrealistic Expectations: Avoid setting unrealistic expectations of quick gains. Focus on long-term growth and potential returns.
* Patience: Understand that the crypto market is volatile, and patience is crucial.
5. Ignoring Security Risks:
* Phishing Attacks: Be cautious of phishing scams and avoid clicking on suspicious links or downloading unknown software.
* Strong Passwords: Use strong, unique passwords to protect your accounts.
6. Neglecting Research:
* Informed Decisions: Thoroughly research projects before investing. Understand their technology, team, and market potential.
* Avoid Hype: Don't invest solely based on hype or celebrity endorsements.
7. Over-Leveraging:
* Risk Exposure: Avoid using excessive leverage, as it can amplify both gains and losses.
* Margin Calls: Be aware of margin calls and the potential risks associated with leveraged trading.
8. Not Considering Taxes:
* Tax Implications: Understand the tax implications of cryptocurrency transactions in your jurisdiction.
* Proper Record-Keeping: Keep accurate records of your crypto transactions to ensure compliance.
9. Ignoring Fees:
* Hidden Costs: Be mindful of transaction fees and exchange fees, as they can significantly impact your profits.
* Cost-Effective Platforms: Choose platforms with competitive fees.
10. Not Having an Emergency Fund:
* Market Volatility: The crypto market is highly volatile. Maintain an emergency fund to cover unexpected expenses.
By avoiding these common pitfalls, you can make more informed decisions and increase your chances of success in the market. Remember, patience, research, and risk management are key to long-term success.
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