3 things you need to avoid in the next bull run in order to win

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Cryptocurrency has been among the top 10 topics in mainstream media in the past 3years. We've had institutions coming in to pick some coins for themselves, we've had meteoric pumps in prices as well as fantastic debacles. Lots of money made and billions of dollars disappeared into thin air. In this post, I have tried to compress the dos and don'ts that I think covers every aspects of a successful crypto investment. I think if you do these 3 things, there's no way you won't be smiling to the bank during a bull market- they still work in a bear market tho smile. Before we proceed, there's a disclaimer I need to put out there. I am not a financial advisor nor do I ever want to be one. Everything I post here are for educational purpose and for fun not financial advice. If you're looking for a financial advisor, you know where to find one 😊.

After the covid crash, we had numerous tweets from the likes of Peter Schiff on Twitter that said bitcoin is dead 😂. But here we are today. Without further ado. Let's get into it. Like I said, there 3 things to do.

1. Stop being lazy

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This one works almost every time. Don't be lazy to put in the work on your research about a project. Don't leave any stone unturned. Do your due diligence, it's your hard earned money(capital) and you spent a lotta time, sweat and tears to make it. Are you gonna let 90% disappear just like that because you failed to research for an hour or two? Come on!!! Ask questions, dig deep before you jump into any project. I think the bear 🐻 market just started and this is a wonderful time to DYOR, you've got the time and many weak projects will go to zero or be weeded out 😊. After your research, make sure you have a plan. You can write your plan on a sheet of paper. Follow your plan and don't listen to the noise on crypto Twitter.

2. Don't be greedy

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😂 here's the hardest part when you've made the right choices and you're in good profit. It happens all the time. You just have to be patient enough to do extraordinarily well in the bull market. Remember your plans on you sheet of paper. If you have a price target in mind, scrutinize that price on probability not just wishful thinking. Once your price target is reached, take your money and enjoy your profit don't look back. The little gains you're expecting on the profit might undo all your work. There are lots of opportunities in the crypto space, don't marry a coin, move on.

3. Stop gambling

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There's a difference between INVESTING and GAMBLING. Successful crypto investors put in the work on research and are patient(could take years). But gamblers just throw around their hard earned capital hoping to get rich quickly. A good % of people who got burned in crypto gambled and wanted to make money ASAP that's why the spirit of FOMO never leaves them 😂.

If you have any other valid points, I'll appreciate it if you say them on the comment section. Gracias

Do have a wonderful weekend. I'll catch you on the next one ✌ 😎