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Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

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10 Essential Lessons to Navigate the Upcoming Crypto Bull Run

4 min readDec 22, 2023

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Created by Midjourney

In crypto, mistakes are costly. I learned this the hard way in the last bull run.

I want to share with you crucial tips to help you avoid the same pitfalls. These 10 key lessons can make or break your success in the next cycle.

Let’s dive right in and get you set up for success.

Lesson 1: Invest in Simple, Relatable Projects

The key to success in crypto? Invest in what people understand. Forget complex tech. Think memes, gaming, AI — concepts that grab retail attention.

Simple narratives drive investments, not intricate tech details. It’s about what excites the masses, not just tech enthusiasts. Sure, cutting-edge projects matter, but for your core portfolio, stick to the basics. Remember, if the average Joe gets it, you’re on the right track.

Lesson 2: Buy When There’s Fear

The best time to buy? When everyone’s scared.

Market crashes and low sentiment periods are golden opportunities. When panic sets in, prices drop, opening the door for smart investments. This isn’t just theory; history proves it. Fear in the market can be your best friend.

Lesson 3: Master a Niche

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Coinmonks
Coinmonks

Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

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