What to do in a Bull Market 📈

-Taking Profit
Taking profits is always important no matter how bullish you are. Instead of taking profit all at once, consider setting multiple TP points on the way up so you can secure profits while still capturing potential upside.

-Cut the Fat
In bull markets, consider cutting the underperformers for the outperformers. Unless you are confident in it long term, underperforming is often a sign of weakness not strength.

-Off Ramp
Life changing gains are only life changing if you use it in your life. If you made good profit, please off ramp a portion of it. You can keep a stack to play with but don't forget profit won't help you until you take it out.

-Risk less not more
In a bull market the people who roundtrip are the ones who take more risk when it should be the other way around. Risk reward in a bull market naturally gets worse over time. Don't keep sizing up because you made some money.

-Follow the Market
Follow the trend instead of waiting for the market to follow you. Tools like Crypto Bubbles, Delphi's Sector Dashboard, & Coingecko Gainers section are useful to see which narratives are doing well.

-Sentiment
Be more careful when sentiment is euphoric. It's easy to get swept up with bullish sentiment but this is where many people get complacent and end up rekt when market trends shift.

-Don't go alone
Having a smart group to share ideas with is worth its weight in gold. It's impossible to keep up with the market by yourself, and this is where your network comes in. Be in good groups where you can bounce ideas off others and vice versa.

Joy the ride!