How do you lose money in a bull market? Let me tell you how.
You lose money by chasing pumps. Every day, something new is pumping, and you’ll feel frustrated with the small gains on what you’re holding. So, you sell it and jump onto the next big thing. But what happens? You buy the top, it drops, and you’re stuck. Then you spot something else pumping and chase that. Over and over again. It’s death by a thousand trades. The best move? Pick a few core positions you believe in and hold them. They won’t pump every day, but their time will come. Set aside a small percentage for riskier plays if you want, but stay patient. You don’t need every 10x - just a couple to win. Good luck.
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How do you lose money in a bull market? Let me tell you how.
You lose money by chasing pumps.
Every day, something new is pumping, and you’ll feel frustrated with the small gains on what you’re holding.
So, you sell it and jump onto the next big thing.
But what happens? You buy the top, it drops, and you’re stuck.
Then you spot something else pumping and chase that. Over and over again.
It’s death by a thousand trades.
The best move? Pick a few core positions you believe in and hold them.
They won’t pump every day, but their time will come.
Set aside a small percentage for riskier plays if you want, but stay patient.
You don’t need every 10x - just a couple to win.
Good luck.