The best time you can trade and win big is when market is surging,especially when you are using bitcoin to trade you will easily earn good profit if you know how to use candle sticks,i was able to earn hundreds of dollars when bitcoin was at 9k and something tells me bitcoin will make it back to 10k so i start trading and i was right all along,bullrun time is the best time to trade.
When the bull run, we could be affected by FOMO and for that we must be careful. It is better before making a transaction, we have done research first and only the coins that we are aiming for will be bought by us, because fluctuating price movements can cause losses if we are exposed to FOMO
Fomo is very strong and it is hard not to fall into it no matter the experience, and during bull run is when people often fall victim of it as you said. Just recently, I fell for one of it too, that was when bitcoin almost touched $14000 and I find myself quickly rushing to invest on $13700 thinking that is the beginning of the bull run and I didnt want to miss out.
In as much as bull run time is when people make more money, we just still have to work along with analyses, most especially for traders, this is the time that analysis works the most, but at this point, even if we mistakenly fall for fomo, I think that it is still not too late for correction because the price is still low for what the value will be in the next 1 year, so any investment we make right now is still on point.