Yeah, we are still in the bullish season. We expect that there is higher chance that the coin you were holding can make profit. Just like what you've said, taking risks sometimes is necessary. Just like this time, we are in the bullish season and still afraid of investing, if we don't take risk we will not make profit if the market prices increases. And just to remind us, any type of investment has a risks, we just have to make that we are investing only what we can afford to lose.
Good advice, we only invest money that we can afford to lose, because investment is full of risks and we must be prepared for those risks. Currently the market is entering a bullish season even though it still seems like this is just the beginning of the bullish season, we must be careful and make the right analysis and predictions. because in a bullish season the price of coins is already high, we must not get caught up in high prices.
Some people think that when the market is bullish, we can easily make money. But that thinking is wrong because the market is always fluctuating no matter what is the market sentiment. There is just a small difference with bearish market and bullish market because the maximum potential of the price is very high when it's bullish. But even though we are in the bullish season we have to still trade with caution, consider the risk that we get from it. Because if we are careless, we still have a chance of losing money or liquidation of our funds.
I will agree with your opinion here that even if the market is bullish there is still sometimes that it could turn bearish inside bull. For instance, last week it was bearish for over a week that the price of Bitcoin dropped to $90k but it bounced back to $100k and still rising.
Another example is the trump coin that launched, The majority of the investors in that project I believe never did their research, they must have hopped in because Trump tweeted it from his official handle and most of them bought at high and got trapped there as the price dropped drastically low. Yet we are in the bullish season but still inside the bull we have the bear although it would be temporary, it is nice if we do research before hopping into projects we know nothing about this season so as not to get trapped.