The 2021 Bullrun 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 at the Peak, Not Waiting to Buy at the Bottom
I rushed to buy when the price was pumping for fear of missing the opportunity.
Then the market corrected sharply, and my asset portfolio was in the red.
👉 Advice: Be patient and wait for the market to adjust before buying. "Buy red, sell green" is always true!
2. Stubbornly Holding onto Junk Altcoins
I hold coins with no real applications, hoping they will pump back.
Result: They never recover, and I lose all my capital.
👉 Advice: Be brave to cut losses early. Focus on projects with real potential!
3. Not Taking Profits at the Right Time
When my portfolio was up 5x, I thought "it must go higher" and did not sell.
Then the market crashed, and I was left with nothing.
👉 Advice: Take profits gradually on the way up. Don't let greed control you!
4. Ignoring Farming Opportunities with Stablecoins
I was too focused on altcoins and missed out on high-yield, low-risk stablecoin farms.
I could have grown my assets much more safely.
👉 Advice: Allocate a portion of capital to stablecoins and take advantage of safe farming/staking opportunities.
5. Not Diversifying Investment Portfolio
I went all-in on a single coin. When it dropped in price, I lost a lot.
Lack of allocation strategy prevented me from balancing risk.
👉 Advice: Diversify your portfolio across sectors like DeFi, Layer 2, blue-chip tokens…
🚀 The next bullrun is approaching. If you learn from these mistakes, the chance of a "blow-up" is very high.
💾 Save this post to revisit when needed!