I've noticed that many newcomers in crypto confuse a bull run simply with a price increase. In reality, this phenomenon is much deeper. A bull run is not just a sudden jump; it’s a whole period during which the market is in a state of euphoria. Prices rise steadily and noticeably, demand for assets skyrockets, and news is filled with talk about crypto.

When a bull run begins, new players enter the game. People who previously never even considered trading suddenly start opening wallets and buying. Trading volumes skyrocket. This is the moment when everyone wants to catch the wave and make money. This is especially true after long periods of a bear market when everyone has been in the red.

But here’s the catch — a bull run can be a trap. When everyone around is making money and it seems like it will last forever, bubbles start to form. People buy on emotion, without analysis, just because they’re afraid of missing out. This often ends painfully.

So if you’re in a bull run, you need to remember risk management. Not everything that glitters is gold. Plan ahead, don’t chase every market move. A bull run is an opportunity, but not a guarantee. However, if approached wisely, yes, you can make serious profits.