A bull market isn’t the fastest time for retail investors to make money, but the fastest time to go to zero.



The reason boils down to one sentence:
Money made by luck will eventually be lost by skill.

A bull market amplifies luck into “talent” and packages short-term wins as “ability.” In the end, you’ll use bigger positions, higher leverage, and worse coins to give back everything you made earlier.

Whether the bull market is still here or not, I hope everyone stays clear-headed at all times.

//

Pitfall 1: Frequent rotating.
You see others pumping, so you sell at a loss and chase the next hot coin, only to always buy at the emotional top and sell at the panic bottom.
Sector rotations are extremely fast in a bull market, and what you chase is often the peak.

Survival rule: Layer your positions—core holdings should be a small number of coins you truly understand, with enough liquidity and able to withstand drawdowns; use your aggressive positions to chase hot trends, but keep them small enough to afford to lose.

//

Pitfall 2: Leverage addiction.
Making 20% on spot feels slow, so you open 10x thinking you’re a trading genius.
In reality, bull markets often have “wick” crashes—one 15%-20% flash crash can wipe out your principal.

Survival rule: Stay away from high leverage as much as possible. Don’t treat the liquidation line as your stop-loss. If you really must use leverage, only risk a tiny amount you’re willing to lose entirely, and strictly enforce stop-losses, scaling out, and taking profits.

//

Pitfall 3: Treating paper profits as real money.
Watching your account balance jump gives you dopamine, making you greedier until a drawdown wipes out all your gains.

Survival rule: Mechanize your profit-taking. For example: sell your principal once you double your money; then, for every additional 20% gain, sell off another portion.
It’s better to sell early ten times than to go to zero once.

//

Pitfall 4: Ignoring security.
Clicking random links, signing random approvals, interacting everywhere with your main wallet—eventually, all your profits go to hackers.

Survival rule: Store big money in a cold wallet; use isolated wallets for interactions; regularly clear approvals.

//

Even more dangerous: bull markets “reward mistakes.”
You randomly buy and double, open leverage and don’t get liquidated, and start mistaking luck for skill. Next time, you use even bigger positions to repeat the same mistakes—until one wick knocks you back to square one.

So principal comes first: never put so much into a single asset that you lose sleep; always keep some ammo—never go all-in and turn yourself into a gambler.

//

So, always stay calm and stick to these four rules:
Less rotating / Less leverage / Take profits in batches / Wallet isolation

The goal isn’t to make the most, but to survive the longest.
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Alabama1vip
· 12-09 17:49
excellent thoughts
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