The crypto market moves in a cycle which should peak at the end of 2025. However, no one can time the market 100% accurately, therefore, planning is needed as we approach the peak of the cycle, which cannot be determined when it will happen. So, what should be done?
**#1 Have a Realistic Mindset.**
There is no instrument (Bitcoin and Crypto included) that can make someone "suddenly rich". To achieve absolute wealth, one must increase their income and invest in the right assets with the appropriate proportions. Approaching the end of the cycle, discard the speculative mindset that you can become rich in just a few months. A realistic mindset keeps us away from feelings of heartbreak.
**#2 Realize Profits Gradually.**
No one can time the market 100%, therefore, when you have made enough profits in the market during the bull market in recent years, there is nothing wrong with starting to realize those profits because many have gained in the bull market but that gain amounts to nothing because nothing has been realized. Don't take pictures, it's better to take profits.
**#3 Set a Tight Stop Loss.**
Approaching the end of a cycle like this, there are often many interesting and undervalued Altcoin setups. There's nothing wrong with having exposure to various assets as long as we only buy with 1% of the money in our portfolio. Don't forget to use a stop loss if the position moves against us because in such situations, the most important thing is to stay safe.
**#4 Don't Hold Altcoins Entering a Bear Market.**
Transitions in the crypto market are very fast and also dangerous. When the market is entering a bear market, do not hold Altcoins because the chances of the Altcoins you hold surviving during the bear market are very slim, therefore, do not hold Altcoins when the market is transitioning from a bull market to a bear market. Increase your vigilance!