Don't Succumb to FOMO: What NOT to Focus on During This Bull Run

With all the internal work we are doing, we can’t forget about the rest of the crypto space and where it is heading, we need to keep having conversations about it. In the last episode of Chain Chatters, we discussed with Edicted and Aesthetic.a some important topics regarding the Bull Run and how to best approach it; a very important one is what not to focus on during the Bull Market.

In a world brimming with crypto buzz, the allure of jumping on every project and grasping at all opportunities can be overwhelming. But what if the secret to success is actually about doing less, but better?

In this clip:

• You can’t take advantage of every single opportunity in the crypto space, pick what to focus on and what to ignore
• Memecoins usually don't have any value behind them, but they prove that liquidity is the most important thing when evaluating a cryptocurrency
• The narrative of the bull market will be heavily focused on Decentralized Exchanges
• Shut out the noise, go for less crowded opportunities that are easier to capitalize on
• Others becoming millionaires by sheer chance doesn’t mean you can replicate it

The noise around you can be distracting, try focusing on select projects and adhering to a strategy or a personal plan. Meme coins, despite their viral appeal, might not be the golden ticket they're made out to be. Some people make cash, that is true, but many more lose it.

It is important to tackle the myth of instant crypto millionaires. The stories of others striking it rich by sheer luck are not your stories. Your journey to success is unique and requires a blend of focus, strategy, and a dash of skepticism.

Study the market, do your own research on the projects you want to focus on, and invest accordingly. Don’t put all your eggs in one basket, and don’t gamble with money you can’t afford to lose.

Don’t let the FOMO and the masses dictate your decisions.

Posted Using InLeo Alpha