Introduction
Is the bull run back? That's the question on everyone's mind following the recent resurgence in cryptocurrency sparked by BTC ETF hype. While only time will tell, there's growing enthusiasm that we might be on the verge of the next crypto bull market.
"This week marks the beginning of the next long-term cryptocurrency bull market. No, it won't be straight up. Yes, black swans might derail it. But my base case is we're heading toward new all-time highs in volatile fashion. If you haven't packed your bags yet, now's the time before normies arrive."
— Ryan Sean Adams (@RyanSAdams)
For newcomers looking to prepare for the next cycle, here are 8 fundamental strategies drawn from collective crypto wisdom:
1. Develop Your Investment Thesis
Cryptocurrency investment demands a guiding theory—it doesn't need to be elaborate but should prevent directionless wandering. In 2017, I bought random altcoins without a thesis and lost momentum. By 2021, focusing on Ethereum's potential as an open financial layer yielded better results.
👉 Learn how to build your crypto strategy
Key Takeaway:
- Formulate a clear vision for your investments
- Avoid impulsive "shiny object" purchases
2. Invest Within Your Means
Crypto Twitter showcases diverse portfolios, but FOMO-driven overinvestment leads to losses. Recognize that:
- Everyone's financial journey differs
- Crypto accumulation is a marathon
- Only commit what you can afford to lose
3. Dollar-Cost Average (DCA)
Volatility makes timing the market risky. DCA involves:
- Regular fixed-amount purchases (e.g., weekly/monthly)
- Reducing emotional decision-making
- Smoothing entry prices over time
Best Practices:
| Frequency | Amount | Asset |
|-----------|--------|-------|
| Weekly | $50 | ETH |
| Biweekly | $100 | BTC |
4. Secure Profits Strategically
Bull markets tempt holders to "wait for higher peaks," but:
- In 2017, I watched $25K in altcoins vanish
- 2021 taught me to lock partial gains
- Always plan exit strategies
5. Explore NFT Flipping
NFTs offer profit amplification when:
- Purchased with ETH during bullish trends
- Sold at higher ETH valuations
Caution: Not all NFTs are flip-worthy—research fundamentals.
6. Master Crypto Tools
Hands-on experience with DeFi/NFT platforms:
- Expands your Web3 skill tree
- Informs better investment choices
- Try: Wallets, DEXs, lending protocols
7. Tax Preparedness
Avoid surprises:
- Set aside gains for taxes during bull runs
- Use "tax-loss harvesting" to offset liabilities
- Consult tax professionals
8. Maintain Balance
The 24/7 crypto grind risks burnout.
- Schedule market analysis time
- Take regular breaks
- Preserve mental clarity
FAQs
Q: How much should I invest monthly?
A: Start with 5-10% of disposable income; adjust based on risk tolerance.
Q: Which NFTs have the best flip potential?
A: Blue-chip projects with utility (e.g., PFP collections with active communities).
Q: How do I track DCA performance?
A: Use spreadsheets or apps like Delta to monitor average buy prices.
Q: When should I take profits?
A: Sell increments (e.g., 25%) at key resistance levels or when assets double.
By implementing these strategies, you’ll navigate the next bull run with greater confidence and discipline. Stay curious, stay cautious, and happy investing!