Some very useful tips for the next bullrun

Been active since 2017 and seen multiple bullruns. The first one was to make a lot of gains and lose them all due to ignorance. The second one was to apply some lessons, but also to forget some. This one will be a bullrun that hopefully makes me rich. And I would like to share my lessons with you - for free!

Feel free to add yours:

• ⁠never sell your whole stack

• ⁠never trade with your whole stack. not your keys not your crypto

• ⁠if you have life changing amounts, you are a gambler if you hodl everything for bigger life changing amounts (lots of people have been thinking "i should have, would have, could have" everyday for the last year+)

• ⁠scale out when the log chart goes parabolic, and your grandma and uber driver and katy perry are talking about bitcoins. the difference between short term gains & long term gains is more than losing 90% of your principle. markets don't care about your timetable

• ⁠take chunks of your profits out of crypto entirely & diversify, you can lockup a small percentage into defi and earn interest as a hedge to offset fomo

• ⁠pay your taxes (optional?) and/or save money for a rainy day in fiat

• ⁠set some low limit orders you don't think will hit on the way up and be patient

• ⁠set some high limit orders on the way down to catch any fat finger trades

• ⁠keep a few low orders on exchanges that still allow flash crashes and think of those as your reserves

• ⁠don't ever talk to people about your gains

• specify a strategy prior to the new bull run, including exit points and several levels at which you plan to sell parts of your stack

• help newbies who will be attracted by the new bull run and don’t shill your own shitcoins

Added some tips from Reddit:

• ⁠ If you feel like bragging, it's time to sell

• ⁠ Don't drown in shitcoins

• ⁠DMs from pretty females are dudes that want your crypto