During a crypto bull run, it’s important to keep several key things in mind to navigate the volatile market successfully. A crypto bull run generally lasts 18 months from the halving. Here’s a list of reminders for the 2024-2025 crypto bull run:

Risk Management

Understand the risks associated with investing in cryptocurrencies. Don’t invest more than you can afford to lose.

Portfolio Diversification

Spread your investments across multiple cryptocurrencies by doing some research to minimize risk. Don’t put all your eggs in one basket.

DYOR (Do your own research)

Do some research before investing in any cryptocurrency. Understand the technology, team, use case, and market potential of the projects you’re interested in. Research is a vital skill and “do your own research” is not a meme. You MUST research before investing!

It helps you to find good projects and avoid bad ones!

Market Volatility

Be prepared for extreme volatility in the crypto market. Prices can fluctuate wildly within short periods, so keep a cool head and stick to your investment strategy. Reprogram your mind to start buying dips because, in a bull run, red means buy!

Long-Term Perspective

While short-term gains can be tempting, consider the long-term potential of the projects you invest in. HODLing (holding onto your investments) can often be more profitable than trying to time the market.

Security

Practice good security hygiene to protect your crypto assets. Use hardware wallets or secure offline storage solutions, and be wary of phishing attempts and scams.

Regulatory Environment

Stay informed about regulatory developments in the cryptocurrency space. Changes in regulations can have a significant impact on the market.

Take Profits

Taking profit is essential, but taking too much profit too early will ensure you never get rich. Consider taking profits along the way to lock in gains and reduce risk. It’s important to have an exit strategy and not get too greedy. Also reinvesting some part of your profit can really maximize your gains. Not every alt you hold will pump at the same time, when one alt pumps hard, trim profit from it and add some of that profit to alts that haven’t pumped yet!

Community and News

Stay connected with the crypto community on X (formerly twitter) or other social media platforms and keep up-to-date with the latest news and developments in the industry. This can help you make informed investment decisions. When everyone has been talking about something new for a week, it’s probably already over. Getting in now means you will probably become exit liquidity unless you’re in and out fast.

IF IT’S TRENDING, IT’S TOO LATE!

Focus on your goals

Don’t let emotions dictate your investment decisions. Fear and greed can lead to impulsive actions that may result in losses. Stick to your plan and remain disciplined. Always remember why you’ve entered in the crypto market.

Don’t fall for scams

In crypto, you cannot trust anything, don’t fall for scams if somethings looks easy then don’t be greedy, most probably it could be a scam.

Don’t click any links from unknown person, otherwise you may loose your crypto assets.

Don’t Give Up

People in your life might tell you to get out of crypto. They might even laugh at you. People will put you down because they are too scared to ever take a chance in life and they don’t want to see you succeed.

Ignore those people!!

I hope I’ve covered almost everything. Share this post if you find it useful!!!

Remember, investing in cryptocurrencies carries inherent risks, and past performance is not indicative of future results. Always do your own research and consult with a financial advisor if needed.