It's interesting how hodlers often struggle more during bull markets than bear markets in crypto. When the excitement builds, we tend to delay selling, thinking gains will keep rising. This can backfire when the bubble bursts and we miss the chance to sell high.
Hodlers are known for accumulating during bear markets to prep for the next bull run. However, predicting bull market peaks is tough, unlike bear markets where drops are more predictable.
To handle this, setting target levels for profit-taking as prices rise and remembering past market trends can help. It's about finding a balance between emotional attachment and smart decision-making to navigate these market swings effectively.
Thanks for your comment, Marvin!
Indeed, from my experience and what I have learned from others or their experiences, finding suitable exit points in the bull market may prove more difficult than finding entry points in the bear market.
Hodlers, in particular, may have this bias, because they love accumulating during the bear market but have a hard time letting go of their assets/tokens when the time is right in the bull market. The best thing is to set some target prices before the bull market (or in the early stages) and automatically act when they are hit, without considering updating them.