Bitcoin Cash

Elite

Shiba Inu

Time

<p>As the cryptocurrency market enters a new bull run, many investors are eager to capitalize on the potential for massive gains. However, making money during a bull run is easy; keeping it is the real challenge. Miles Deutscher, a seasoned crypto investor, <a href="https://twitter.com/milesdeutscher/status/1770131417051410917" target="_blank" rel="noopener noreferrer nofollow">shares</a> his top 10 mistakes to avoid during this exciting period, drawing from his own experiences and the lessons he learned during the 2021 bull run.</p>
<h3 class="wp-block-heading" id="1-don-t-chase-pumps">1. Don’t Chase Pumps</h3>
<p>Chasing pumps is the easiest way to lose money in an up-trending market. Every day, new coins and narratives emerge, making it crucial to adhere to your investment thesis and resist succumbing to short-term hype.</p>
<h3 class="wp-block-heading" id="2-don-t-go-in-without-a-plan">2. Don’t Go In Without a Plan</h3>
<p>Before investing in any coin, clearly outline your buy and sell plans, along with specific invalidation levels. Having a well-defined strategy can help you stay focused and avoid impulsive decisions.</p>
<h3 class="wp-block-heading" id="3-don-t-blindly-ape">3. Don’t Blindly Ape</h3>
<p>While hype often trumps fundamentals during a bull run, conducting basic research into a coin’s tokenomics and fundamentals can help you spot potential red flags and make more informed investment decisions.</p>
<h3 class="wp-block-heading" id="4-don-t-over-rotate">4. Don’t Over-Rotate</h3>
<p>After hitting a 10x trade, it can be tempting to roll profits into other altcoins. However, over-rotating can result in a volatile situation where your hard-earned gains can quickly disappear when the market shifts.</p>
<h3 class="wp-block-heading" id="5-don-t-get-greedy">5. Don’t Get Greedy</h3>
<p>Taking profits during extreme green days is a smart strategy. By consistently replenishing your stablecoin balance, you’ll be better positioned to take advantage of bull market dips.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h3 class="wp-block-heading" id="6-don-t-fade-strength">6. Don’t Fade Strength</h3>
<p>During a bull run, the market can exhibit insane strength and remain irrational for extended periods of time. Instead of fighting the trend, submit to it and use it to your advantage by investing in market leaders.</p>
<h3 class="wp-block-heading" id="7-don-t-outsmart-yourself">7. Don’t Outsmart Yourself</h3>
<p>When retail investors flood the market, they gravitate toward easily understandable narratives. Focus on investing in projects with clear value propositions rather than complex, niche solutions.</p>
<h3 class="wp-block-heading" id="8-don-t-quit-now">8. Don’t Quit Now</h3>
<p>If you’ve survived the challenges of the bear market, remember that you’ve already been through the hard part. Now is not the time to give up; instead, stay focused and committed to your investment strategy.</p>
<h3 class="wp-block-heading" id="9-don-t-waste-time">9. Don’t Waste Time</h3>
<p>Maximizing profits during a bull run takes sacrifice, especially for younger investors with fewer obligations. Recognize that these opportunities are fleeting, and take advantage of them while you can.</p>
<h3 class="wp-block-heading" id="10-don-t-upgrade-your-lifestyle">10. Don’t Upgrade Your Lifestyle</h3>
<p>It can be tempting to upgrade your lifestyle based on paper profits or the promise of future gains. However, reinvesting those funds in the market or saving for the future could be a more beneficial use.</p>
<p>By avoiding these common pitfalls and staying disciplined, investors can navigate the bull run more effectively and potentially emerge with substantial, long-lasting gains.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/polkadot-looks-good-long-term-says-elite-trader-predicts-new-ath-for-dot/" target="_blank" rel="noopener noreferrer nofollow">Polkadot ‘Looks Good’ Long-term Says Elite Trader, Predicts new ATH for DOT</a></li>
 <li><a href="https://captainaltcoin.com/this-indicator-nailed-polygon-matic-price-predictions-since-mid-february-heres-what-it-flashes-now/" target="_blank" rel="noopener noreferrer nofollow">This Indicator Nailed Polygon (MATIC) Price Predictions Since Mid-February: Here’s What It Flashes Now</a></li>
 <li><a href="https://captainaltcoin.com/the-next-big-meme-koala-coin-klc-gains-rapid-popularity-among-shiba-inu-shib-bitcoin-cash-bch-supporters/" target="_blank" rel="noopener noreferrer nofollow">The Next Big Meme: Koala Coin (KLC) Gains Rapid Popularity Among Shiba Inu (SHIB) &amp; Bitcoin Cash (BCH) Supporters</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/elite-crypto-analyst-shares-top-10-mistakes-to-avoid-this-bull-run/" rel="noopener noreferrer nofollow">Elite Crypto Analyst Shares Top 10 Mistakes To Avoid This Bull Run</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Elite Crypto Analyst Shares Top 10 Mistakes To Avoid This Bull Run

Table of Contents

CaptainAltcoin

Other articles published on Mar 20, 2024

Bitget Unveils Major Campaign to Celebrate One-Year Anniversary of Card On-Ramp Service

Cryptocurrency Miner Faces Trial for Stealthy Million-Ruble Energy Heist

BNB Price Prediction: Binance Holders Join New 100X Meme Coin

10,000x Returns and $5.7 Million Presale: Here’s How BlockDAG Trumps Solana Rally and HBAR Forecasts

To what levels can the decline in Bitcoin continue? Analyst Announces Critical Levels: "Investors...

Bitcoin Struggles as Critical Support Falters

Join our free newsletter for daily crypto updates!