Avoid These 3 Classic Mistakes When Trading Crypto in Bull Markets đ
Bull runs bring big gains-but also big risks. After 6 years in crypto, here are my top mistakes to avoid:
1) Chasing pumps without a plan
2) Overtrading and ignoring position sizing
3) Averaging down on losing coins
My rule is to only buy coins with strong volume at the bottom and use moving averages for entries. If a coin pumps hard, I take profits on the way up. And I never go all-in-leaving room to adapt is key.
Pro tip: News and hype are just signals, not guarantees. Stick to your system and donât let FOMO drive your trades,
Whatâs the biggest lesson youâve learned this cycle?