Bitcoin Forum

I am wondering what I will do during the next bull run.

Here is one idea:

Buy $XXX amount of Bitcoin every increase of $1,000 and HODL until a certain limit.

Or

Buy $XXX amount of Bitcoin every increase of $1,000 and then Sell for profit.

What about you? :D

It is better to be alert all the time. We are all here for the earnings, so why look for other actions if there are earnings? How long are you gonna wait? Here the fluctuation is always present and if you move in right time, you always make a profit. Holding in the present cannot be the same as holding in 2009.  ;)

to do that step, I usually buy a bitcoin with a pretty large amount when the price goes down and sells it when I get a profit.

Taking profit probably? Because I’m doing what you are saying right now.
I’m buying bitcoin every payroll, no matter what the price right now because its cheap for me and if the bull run begin, maybe its time for me to take profit. Its hard to buy during the peak, we should learn from the previous peak and be wiser. Start investing more today, don’t wait for bulls before you invest that’s not ideal.

On every bull run I prefer holding the bitcoin, because the market keeps growing if it is a true bull run. To make an earning out of the bitcoin's bull run it is also good to buy when the bull run gets ignited. It is very hard to predict that particular buy point of bitcoin, so it is always good to invest a small amount regularly. It'll get a big return on the bull market.

OP, the time-tested approach of work hard, earn money, and buy the dip.

If you have things that you don't need, sell them, buy Bitcoin. If you have a skill, do it for a fee, buy Bitcoin. Do everything you can to earn, buy Bitcoin. You will not be sorry.

The crypto market is so hard to predict, so I always advice my fellow traders especially now that there is going to be a bull run should watch the market carefully and see how the trend goes.

For example, it can increase by $1000 and drop by $200. Study how often it happens then you will know when to buy and when to sell.

I tried the following strategy: if 15 min time frame is of positive trend for 7-9 candles then I open Buy position and set TP at 100 pips (or 100 USD) and then close a position.

then I make the same thing but with 2x volume.

of course if it will happen soon, then the preparation and method that I do is hold the bitcoin that I have even add more bitcoin for me to hold.
and if later a bull run happens I already have a lot of bitcoin assets on my online wallet

Hmm. W3ll I was thinking a different way that is more of a Daily time frame.. To set a buy-limit and a sell-limit once per day.... how do you think that would work?  since I do not have all that time for sitting in front of computer. :P

Exactly. I was thinking to let's say

Buy $500 worth when Bitcoin is at $5,000.
Then set a sell-limit for when it reaches $5,500.
Then cash out.

I wonder how much the fees would be for those two transactions?
How can you reduce fees for doing a method like that??

Those fee's must really gouge ya... :'( :'(

$500 worth of BTC wouldn't be worth holding, I think its best to just keep trading it til you get more USD, You'd probably profit more to a coin which trade fees are cheaper such as XRP. I keep my eye on EOS which my approach would be to keep accumulating it on binance, its price however isn't dropping much, I dont know if I'd see it not good but yes I'd probably keep my EOS more for bullrun.

Why speculate to buy in future when there is a certain percentage increase. I do not see any sense in such plan. Why not buy now if you have the money to invest so that it grows astronomically when the expected bull begins. Waiting to buy at expensive price is not business like. Just my idea and view though.

First of all, don't stick on a same approach if you think bull run is now happening. We all don't know if a certain trend can be consider as bull run so putting faith on a single strategy might wrecked you. During bull run*, there is still chances of a downtrend that can occur any time even how powerful bullish activity is. So in here, it already destroy your example if you will stick only on a single approach.

Try to add other approaches and see if it will be an effective strategy if other things around happen.

In bull market, altcoin always offer bigger gainer than BTC so better now buy Bitcoin and use it to trade with others altcoin to increase the number of BTC. In my opinion we are close already with bull market because some altcoin hasbeen going up more than 100% from the bottom. So by increase the amount we will make huge profit when Bitcoin rally. Use stop loss for each trade to avoid loss from wrong trade, now its will be more easy to gain profit from altcoin trading because all altcoin been dump hard. Bitcoin possible to reach to another 30 times in next bull market so we will possible change our life from this market.

I hope you are damn right about bull run coming closer...

Based on the last bull run we have in 2017, I would say buy and HODL, there's nothing wrong with this strategy, just saying. And as long as you have to funds and you're willing to take the risk, then why not? Well, there could be other approach but if you ended up with the same result then you just stick with the proven strategy already. Again, I'm a proponent of don't make things complicated, I like "if aint broke dont fix it", attitude.

While you are in bull run selling your profits won't get you much profitable at the end of run so you need to hold until the end of bull run and cash it out to get maximum profits but we don't know when it begins and when it will end.

The time to buy is now, those waiting for lower prices will be greatly disappointed.  This wouldn't be a bad time to pick up some super cheap altcoins because those always seem to pump harder during bull runs. 

There's a risk in your first method that the bull run might expire without you exiting. Hence, you'll be like those that got stuck during the 2018 decline. Proper planning for an exit plan and being at peace with your profit i think is the best bet. It's better to be able to sell during a bull run than letting greed take over. Bull runs happen every now and then anyways so there should always be another chance.

I agree with this. I do not want my account to be marooned out in the middle of no wheres land.... like last time.
So if I did do something like my version 2 (above) what would be more details about how to execute the method??

The Bull run period does not last for long as compare to bear market. In 2017, the bitcoin went up from 13000$ to 19800$ in just one week only. It was a pure manipulation and whales pumped bitcoin to ATH. I think the best think is to collect the coins in cheap in bear market and hold them. If we sell those coins later in bull market, we can gain a lot of profits.

If me i will do like i do in past. Sell bitcoin to price that i think high enough and wouldn't regret with my decision. Actually in past i really regret because i miss peak price, but i see other people buy in peak price i think i still lucky than them.

I am thinking of buying and selling on a daily basis during the next bull period because I couldn't take this opportunity during the last bull period. I would like to make long term investments in cash in the next bull period so that I can transfer my money back to the crypto sector after the bull period. Of course, I don't just rely on these methods, but I also want to try high-risk and high-yield investments like ICO investments in the next bull period.

What techniques will you follow? ?? Details Please???? ::)

I will try to short the market the moment I start to feel that we're due for a massive correction and the charts mirror my bearish sentiment. See it as a form of insurance--the lower the price goes, the more Bitcoin I accumulate.

Looking at how the price kept tanking didn't bother me too much, but looking at things now from an investor's perspective, I could have used this bear market to stack up more Bitcoin, but decided to keep hodling through it.

I'm not a trader so I'll refrain from doing that, but one single short open is better than doing nothing.

Firstly we should be have target profit,  so by have it we will know when should be out from the market.  Usually in bull market alot of crypto will going up to 10 times so make target with this gainer and after that exit from the market and use the profit  for others business.

Currently  i only choose and buy coin that has more potential to going up to 100% , and after that i will buy others coin that  still in the bottom.  I have idea to use compound strategy so i can make alot of profit if bull market  coming. I will spend more times to analysis in fundamental which coin will be has more potential to raise soon. Make about 300% for afew month in this situation and make another 5x in different  coin so in bull market we will make alot of money.

Well that certain time limit that you will provide to HODL could take a long time.

The slow market is getting longer and I dont think it will rise up soon. Better to just let it be in your wallet and create another investment for you to trade.

You are already safe with bitcoin if that is your first choice.
With others you might see some profits with their market.

because just investing is not that much profitable. when people come to crypto they all look forward to huge income, popularity, black jack and etc. but when it comes to reality it all wrecks at bearish market.
that's why people should learn how to trade. by this they will be involved into this more

Buying smaller coins is a good approach as well as buying bitcoin is. I mean on a bull run buying bitcoin is not a bad investment (well to be fair buying bitcoin now to be ready for an upcoming bull, buying while on bull may create some risks) however buying altcoins that give better potential is much better. So there is really no loss in a bull run, you can hold any coin you want and you can still profit from it.

Moreover, do not forget that bitcoin has about 6-7x in order to be what it used to be where as ethereum as x10 go back where it used to be and nano has x34, and there are many coins like eth and nano that is way beyond bitcoins max. Hence, buying altcoins that show potential is a much smarter idea right now and that is why I am buying smaller coins to be ready for an upcoming bull but I still keep a bit of bitcoin aside.

kudos. I like this idea.  Any leads on good alts to invest in?

How do you set a target profit??  A certain percentage?  Love the idea but

I did that with the last bull run and road the price down to the ground. It lost LOTS of value!!!!

That is actually the best time to sell. I would prefer to buy during this kind of market situation and sell it when the bull run comes. That's the right time to collect good profit from our investments and we should be mindful of it.

To put it simply I'm a long term holder.  I won't be selling anything for a few years at the least.  I do not concern myself with the dips that always happen on the run up.  I will remain patient and stay stress free. :)

First bull run my happen at any moment. Therefore, we should always be prepare and alert at all times mate.
That's why many are bullish at the moment, for them to minimize their loses and risk also, including myself too.
So if you are holding some coins try to do day trade of the 30% of your holdings then the remaining will be hold
in a long term, while waiting.

Not me. I put my bag holdings days down not so long ago. :-X

investing when it is no longer promising now, there is no specific method that I did to deal with my bull run that is likely to occur this year. I only invest more in bitcoin and ethereum.

I believe that speculating the future is not easy. And for example if you do speculate well and think that the price of bitcoin is going to go up or something, you should invest at the spot. This is what people do. They invest in Bitcoin by speculating and make plethora of profits. I will cash a portion of my coins in the Bull Run and will hold the rest for future profits.

For the investors who invest now and expect returns after years, this must be a right time to go ahead regardless of what you mention about "not promising". Only for short term investor might need to worry on current situations and a coin is having actual potential then this must be a right time to buy and hold.

long term investors do have to be like that no matter the decline, the forgotten method by most of the new investors in crypto and the situation of the market soaring in no way affects you. throw away during an explosion or keep hide assets for a good future by investing in crypto

In first case, until which "certain" limit? Imagine you buy bitcoin on every increase of 1000$ but suddenly price felt dramarically, you'll be in profit but not in much, it's very, very hard to determine that limit. I think we have to sell in price which is good for us and available at the same time and if price still rise, don't blame ourselves. I sold my bitcoins last year when price was 14-16K, couldn't imagine it would reach 20K so quickly so what to do? To my mind better to not blame ourselves in such situation.

Why do you set the limit for entering to trading position? If you have a deep feeling then go and buy BTC. 1000$ increase on prices are good for early buyers but i can't say the same thing for traders that entered to trade after movement. I mainly sell after such events. Waiting for settled dust is better option if you have no idea what you are doing in front of the monitor.

First you must establish, what do you want to do? Speculate or Invest?
For each of these options there are different ways of operating.
If you decide on what temporary you want to get benefits, you can give me an idea
Because for the money figures you want to take, I can not understand yet ...

As far as bitcoin is concerned, most individuals will always have the FOMO and FUD syndrome. Before now when bitcoin was in its high price, some said to themselves that they would buy when it gets down, now that the price went down, they still are skeptical about buying.
I believe bitcoin has had its support at the 3k range - which i will see as my entry point. So, my approach will now be to use that support range as a yardstick towards exiting any placed trade in the next bull run.

This is good advice. You need to know your goals. If you want to have more fiat fast, more fiat and you don't care if it takes a year or two, or more cryptocurrency because you're a believer. I am holding now and I intend to still hold if we go to 10000 dollars. We were at 20 thousand when many people didn't even hear about Bitcoin and in some countries only 1% of people have cryptocurrencies. We can do much better.

I think I am doing it the other way. ;D

I just keep on buying bitcoin when it goes down. I dont really care much for profit by now because there will be a lot of that when the right time comes.
For now, maybe it is better to be hoarding more bitcoin.
There are only 21 million out there and some of them are stucked in a computer or somewhere else.
It will be better to have at least 1000 of it before this grows all of a sudden.

That is a strong mentality. There are people who are in just for the quick money and there are those who are in for the ideology so the later wins the game even if he/she does not cash out the coins in the boom. So, it is nice to be part of this thriving market and you could be one among few men who would have made names in the crypto-market.

I will prefers to buy at $XXXX amount of bitcoin and hodl after a bullish pump in $1000 I will sell off 50%  and continues to hodl the balance in another $1000 increment in the price I will sell off 50% again, I will repeatedly do the process again thus with that I will be able to have an edge over the market.

One best plan I have on my mind is that profit you can make when you invest low. This means that you should be vigilant enough to invest when the price is the lowest. People might not find the market good to invest but you should because this is very certain that the future markets would be using Bitcoins and other coins which mean that the demand will be high in future and so would the price be. And when you sell at ATH, you make huge profits.

It may surprised you to Know that we are in the bull run now so what ever you have to do now you do it before is too late for there is no warrantee in this market and I have known that a long time now.

Describe why exactly please, or it is just another one of us Guessing..

That's a 26% increase of price of Bitcoin at current price of $3,800 USD + $1,000 USD. If you wan't to earn more better aim for just 2% to 3% increase of price which usually happens in 2 - 3 days after you bought your coins and sometimes even less. its better than aiming 23% increase which might atkes more than a month or even more to happen from today.

  Do you remember the boom in 2017? People want that boom. You know there is a concept of maximization of profits and according to the analysts, if the market could go as high as the peak value last time, it could go again so people are going to take it light what you call boom. But I think you are right because this is what motivates me to enter in the market and start the job.

Well, sometimes I do that method. But I frequently buy altcoins from my profits when bitcoin pump. Imagined that my profit become my capital and makes another profits. You can earn with those altcoin tradings, too. Instead of buying and holding. Try buying and trade it again.

Hope though that it's an effective method for you in a bull run because of the big risk involved in altcoins. You need to be very quick and take the gains and then re-cycle your profits in other altcoins.

Might work for you but I guess majority will just buy in dips and hold bitcoin and don't want to trade but rather be a bag holder for the long haul.

The people will mostly feel the effects of their profit from that suggestion would be the ones who trades with high volumes. What about the small traders like me? So we keep every second counts and we take even the slightest profits. So I'd rather just buy and hold and wait for it until I see multiplied profits. I am a blind buyer and never sells at the moment you could say I am a strong holder.