How to Lose Money in a Bull Market: A Trader's Survival Guide 🚨💸”
🤔 Think you're invincible in a bull run? Think again. Here’s how most traders lose money in a market that’s supposed to make you rich — and how you can avoid it.👇
Mistakes That Can Burn You in a Bull Market
Being Spread Too Thin 🌀
Chasing every trending coin spreads your resources and focus too thin. Instead, stick to your winning strategies and strengths.
Example: Jumping into meme coins because they're "hot" instead of focusing on your proven portfolio gems.
Not Taking Profits 🏦
Greed kills. If you're up significantly, take some profits. No one ever went broke securing gains.
Tip: Set sell targets in advance and stick to them. Don’t wait for the mythical “top.”
Neglecting Risk Management ⚠️
Doubling down on risky altcoins during parabolic runs can backfire when the market dips. Keep stop-losses