The 2021 bull run was truly crazy. I made many mistakes that caused my assets to evaporate significantly. Here are the biggest mistakes you should avoid in the next cycle:

1. FOMO Buying the Top, Not Waiting to Buy the Bottom

  • I jumped in to buy when the price was pumping because I was afraid of missing the opportunity.

  • Then the market corrected sharply, and my asset bag was in the red.

👉 Advice: Be patient and wait for the market to correct before buying. "Buy the red, sell the green" is always true!

2. Stubbornly Holding onto Junk Altcoins

  • I held onto coins with no real application, hoping they would pump back up.

  • Result: They never recovered, and I lost all my capital.

👉 Advice: Be bold in cutting losses early. Focus on projects with real potential!

3. Not Taking Profits at the Right Time

  • When the portfolio was x5, I thought "it must go up more" and didn’t sell.

  • Then the market crashed, and I was left with nothing.

👉 Advice: Gradually take profits on the way up. Don’t let greed control you!

4. Overlooking Farming Opportunities with Stablecoins

  • I was too focused on altcoins and overlooked high-yield, low-risk stablecoin farms.

  • I could have grown my assets much more safely.

👉 Advice: Allocate part of your capital to stablecoins and take advantage of safe farming/staking opportunities.

5. Not Diversifying the Investment Portfolio

  • I went all-in on a single coin. When it dropped in price, I lost a lot.

  • Lack of allocation strategy prevents me from balancing risk.

👉 Advice: Diversify the portfolio through sectors like DeFi, Layer 2, blue-chip tokens…

🚀 The next bull run is approaching. If you learn from these mistakes, the chance of a "blow-up" is very high.

💾 Save this post to read again when needed!