The crypto bull market comes with euphoria and anxiety. This prompts people to do silly things like buying an NFT for $3000 or trading meme-coins they know nothing about. The fear not to miss out only leads one way--you lose. Maybe not in the short run but in the long run if you control to be reckless, and that is because over time you begin to level you are smarter than the market. This prompts you to take on more risks that backfire.
Now, with that being said, I do not believe the bull market is the time to be conservative. This is the time to take profit and look for opportunities but not at the expense of your capital. If you have been building in the bear market, you certainly would have made some profit. So the first step is to take profit. As easy as it sounds, it is probably the hardest thing to do in a bull market full of opportunities but you must.
There is not much to do (if you are in the right ecosystem) after making a profit. For instance, If you had bought and held Solana throughout the bear market you should be in decent profit. Several airdrops and opportunities would have come your way just for holding the Token. However, if you are on a chain that isn't doing so great in the bull season, you might want to seek opportunities on other chains, which is fine.
Now, before you venture into the universe of madness (which is the crypto space), you must first map out where you are going to explore. Do not take on everything and be everywhere, that task is reversed for airdrop hunters. What you want to do is find 2-3 chains and learn about their ecosystem. Every blockchain has its culture, so you must understand the atmosphere of the ecosystem you want to interact with to best maximise your time and capital.
A practical example would be how i approach other chains. during this bull market, I am exploring 3 chains: Solana (for my degen plays); Ethereum layer 2s (for airdrops); and TON (basically out of curiosity). So I join different communities on these chains; attend their online gatherings; and follow up on developments in these spaces. It is a lot of work but that is because of my capital and goal. My strategy would be a lot different if i had deeper pockets. The goal for me is to make as much as I can in these chains, take profit and reinvest in Hive where I have some level of safety/security.
Now you've reached your portfolio goal, it is time to take a step backwards and enjoy the run. Understand that you do not need to ride the bull to the end. It is dangerous and might cost you everything. I keep emphasizing having a figure/amount in your head that you need to reach to know when to exit the market. Find a decent stablecoin to hold. If you are big on certain narratives or projects like decentralisation and ownership, then hold enough of that project/chain token to be a major player in that space.
You do not have to overcomplicate things. Stick to your plan and do not let the market influence you. The bull market is the easiest time to make and lose money. Many projects and influencers are out to scam you during this period. Be very paranoid. Do not let the noise distract you. Often the noise comes in the form of popular narratives, do not be fooled. It is all fugazi at this point. Grow and protect your capital and possibly, you can have the life of your dreams. Nothing else matters in the grand scheme of crypto things.
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