🍾The 5 Rules to Succeed in a Bull Run

The euphoria of surging prices can be intoxicating, and without a solid plan, it's easy to get swept away.

Here are the five essential rules to help you navigate the next bull market successfully.

1. Take Profits

I know this might sound basic, and you’ve heard it before, but trust me: it's the most critical rule.

During the last bull run in 2021, every single person in the crypto space was convinced Bitcoin would break the $100,000 mark. Spoiler alert: it didn't.
The result? Countless investors held onto their Bitcoin and did not profit from the epic surge that the bull run typically offers.

In the heat of the moment, when prices are skyrocketing, you will believe that the market will keep going up indefinitely. It is absolutely normal.

However, markets are cyclical, and what goes up often comes down.

By setting clear profit-taking points and sticking to them, you can lock in gains and avoid the regret of watching profits evaporate.

Everyone’s shouting for a $120,000 BTC or a $150,000 BTC this cycle…
Don’t get trapped by everyone’s opinion and stick to your plan!

2. Follow Trends

In the crypto world, hype and trends largely overshadow technological advancements.
Whether we like it or not, market sentiment drives price action more than fundamentals.

Identifying and participating in the biggest trends of the cycle is the best strategy.

• In 2017, DeFi (Decentralized Finance) was the buzzword.

• In 2021, NFTs (Non-Fungible Tokens) took center stage.

Could AI be the game-changer in 2025?
Keep your finger on the pulse of emerging trends and be ready to act.

3. Don't FOMO but Move Fast

Fear of Missing Out (FOMO) can lead to impulsive decisions, but in a fast-moving bull market, speed is essential.

The key is to find a balance: don't jump into trades without thinking at all, but also don't overanalyze to the point of paralysis.

Develop a strategy that allows you to act swiftly when opportunities arise, ensuring you're ahead of the majority who react later in the cycle.

4. Don't Marry Your Coins

A common mistake among beginners is chasing coins that haven't yet pumped, thinking they've missed out on the ones that have already surged. But often, "the best performers usually keep performing, and the lagging ones keep lagging".

It's essential to stay flexible and not become emotionally attached to any particular coin. If a project isn't meeting expectations, don't hesitate to reallocate your resources to better-performing assets.

I know this is hard, but it’s worth it.

5. Secure Your Assets

Making money is great, keeping it is better.

With increased activity during bull runs and big profits everywhere, security becomes vital.

Ensure you're using secure wallets, enable two-factor authentication, and be wary of phishing attempts and scams. Consider hardware wallets for significant holdings and always double-check transaction details before confirming.

Protecting your assets is as important as growing them.

These 5 rules may seem simple on paper, yet implementing them can be challenging. However, if you follow them, I guarantee you’ll achieve great success in this cycle.

Take care,
TheCryptoPicks ❤️.