After a long crypto winter, there are finally signs that the markets may be heating up again. Rumblings of a new bull run have many crypto investors excited at the profit potential, but also wary of being caught unprepared.
While timing the markets is impossible, there are steps you can take to make sure you’re ready to capitalize on the next major crypto surge.
The cryptocurrency market moves in cycles, fluctuating between bull markets characterized by surging prices and widespread optimism, and bear markets where values decline and negative sentiment prevails.
During a bull run, fortunes can be made as crypto asset values skyrocket and new investors flood the markets. However, bull markets are often followed by sharp declines when the hype diminishes and prices correct. Savvy investors aim to ride the wave of a bull market while it lasts, then take profits before the inevitable downturn.
In this article, we’ll…
