The Bullrun of 2021 was truly insane. I made a lot of mistakes that caused my assets to evaporate significantly. Below are the biggest mistakes you should avoid in the next cycle:
- FOMO Buy High, Not Waiting to Buy Low
I rushed to buy when the price was pumping because I was afraid 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 to buy in. “Buy red, sell green” is always true!
- Stubbornly Holding onto Junk Altcoins
I hold coins that have no real application, hoping they will pump back. The result: They never recovered, and I lost all my capital.
👉 Advice: Dare to cut losses early. Focus on projects with real potential!
- Not Taking Profits at the Right Time
When the portfolio was x5, I thought “it should go up more” and didn’t 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!
- Missed Opportunity for Farming with Stablecoin
I was so focused on altcoins that I overlooked high-yield, low-risk stablecoin farms. I could have safely increased my assets much more.
👉 Advice: Allocate a portion of capital to stablecoins and take advantage of safe farming/staking opportunities.
- Not Diversifying Investment Portfolio
I went all-in on a single coin. When it dropped in price, I lost a lot. The lack of an allocation strategy prevented me from balancing the risk.
👉 Advice: Diversify your portfolio through areas such as DeFi, Layer 2, blue-chip tokens…
🚀 The next bull run is approaching. If you learn from these mistakes, the opportunity for a “blowout” is very large.
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