Hello!
When there is a bull market it's hard to stay focused. For that reason is very important to have a solid strategy. There is no point in changing the strategy every couple of months, or when nothing changes. However if a strong event makes you notice that the strategy is in the wrong direction you should be able to adapt.
The most difficult part is that sometimes you will be tempted to change your strategy without any special cause, just for FOMO, just because the coins you hodl aren't pumping and everything else is. It always happen. In those moments you will have your conviction tested and only time will tell if you made the best decision.
At the time of writing this, Bitcoin has reached a new all time high above $93,500, I don't think we have touched the 94k level yet, but it will eventually happen.
It's very difficult to overcome the need to buy memecoins in the anticipation of retail coming. The most famous memecoins will pump even harder when the mass retail comes in like a tsunami.
If you position yourself in altcoins, be VERY CAREFUL. I’m not positioned in any, but I would definitely take a look at this metric that Murad shared (he is the king of memecoins). Twitter: MustStopMurad
I hope you have a great day.
Stay safe out there, the bull run is here!
Posted Using InLeo Alpha