Bitcoin bull markets are typically categorized by tremendous price swings, and even though the direction is up, corrections also take place.

During the last Bitcoin bull market that took place in 2021, the BTC price reached an all-time high just shy of $70K. It started the year trading at around $20K, exploded above $60K on a couple of different occasions, retraced by almost 50% toward the middle of the year, and shot up once again to almost touch $70K in November.

The previous bull market was back in 2017 and the beginning of 2018. Bitcoin had reached a high of around $20,000, but its chart looked a lot differently:

As you can see, each cycle has its own intricacies, and playing it correctly could make or break your bankroll. Riding an uptrend can be a lot more challenging than just holding on to your assets. There’s knowledge involved as to when is the right moment to sell or reposition yourself to bets preserve your gains.

The last thing you want is to be left holding a bag of an altcoin that’s down 99% since its all-time high and pray that it will go there once again.

With this in mind, we’ve prepared 10 tips that everyone should know, and they should help you to better navigate the next Bitcoin bull market.

10 Tips For the Next Bitcoin Bull Market

Educate Yourself

Regardless of what you invest in, gaining sound knowledge of its underlying merits is step number one in any investor’s playbook. You absolutely must know what you invest in, and the same goes for Bitcoin (or any altcoin, for that matter).

Familiarize yourself with Bitcoin’s fundamentals, such as its total limited supply, utility, and adoption rates.

You can also analyze historical price patterns, market cycles, and factors that tend to influence Bitcoin’s price. This knowledge will definitely help you make more informed decisions.

A great place to start lear