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Author Topic: What are your doing for now?  (Read 1671 times)
hamba laeh
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June 09, 2024, 06:15:28 PM
 #201

Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?

1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me

I think I will follow in your footsteps to pay attention to current market conditions. because I also feel confused about the current market conditions. and chances are I will sell the altcoin and buy it again when it's cheap later. I'm afraid the market is currently in a correction phase. and will launch freely in the near future.

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June 10, 2024, 04:03:37 AM
 #202

Every time the market has a phase as you said, sometimes it goes up and sometimes it goes down and also experiences periods of correction. but in my opinion if you are just an observer then it is a big mistake for traders who want to take advantage of every market condition because there are so many altcoins that we can choose to trade. because each altcoin does not have the same movement as one another. so take advantage of every market condition.

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gurunanakji777
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June 10, 2024, 06:28:35 AM
 #203

I believe the true bull run hasn't begun yet since many investors are still accumulating. As for the altcoin bull run, I think we need to wait a bit longer. This is because Bitcoin still have the potential to rise higher, and we all know that once Bitcoin stabilizes after reaching its peak, Altcoins will start to rise as well. So, I'm waiting for Bitcoin to hit a new all-time high, after which the real excitement will start for altcoin holders. Until then, I am just holding my altcoins without touching or trading them.

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June 10, 2024, 06:09:32 PM
 #204

I think I will follow in your footsteps to pay attention to current market conditions. because I also feel confused about the current market conditions. and chances are I will sell the altcoin and buy it again when it's cheap later. I'm afraid the market is currently in a correction phase. and will launch freely in the near future.

If you are holding top coins then there is no need to sell your altcoins for buying again during lower price because the price is not as high as that should be so it cannot give you huge profit. But if you are holding new coins then you should sell because there is no guarantee that there will be a boost in their worth or the price will go down forever.

If your altcoins collections consist of Ethereum, Solana and BNB then there is no need to sell these coins at current worth because bull season has yet to show its effects so their price will soon pump very higher. Therefore selling and holding depends on your goals and type of coins which you are holding because every coin is not suitable for long term Investment.



 

 

 

 

 

 


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Belarge
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June 10, 2024, 06:49:01 PM
 #205

I believe the true bull run hasn't begun yet since many investors are still accumulating. As for the altcoin bull run, I think we need to wait a bit longer. This is because Bitcoin still have the potential to rise higher, and we all know that once Bitcoin stabilizes after reaching its peak, Altcoins will start to rise as well. So, I'm waiting for Bitcoin to hit a new all-time high, after which the real excitement will start for altcoin holders. Until then, I am just holding my altcoins without touching or trading them.
Altcoins becomes our priority when bitcoin is down, we have all the time to mapped out our strategy and execute them because there's more targets to hits in the market, we just have to be careful not to mapped ours tactics on projects that don't portray good road map.

We all have crypto activities to engaged in and we should be ready to take in and out. Waiting for the bull run, we know that it will take time but there's no need to call for alarm because the right time is getting closer than we possibly think.

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Mate2237
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June 10, 2024, 07:16:18 PM
 #206

Altcoins becomes our priority when bitcoin is down, we have all the time to mapped out our strategy and execute them because there's more targets to hits in the market, we just have to be careful not to mapped ours tactics on projects that don't portray good road map.

We all have crypto activities to engaged in and we should be ready to take in and out. Waiting for the bull run, we know that it will take time but there's no need to call for alarm because the right time is getting closer than we possibly think.
I don't k ow how you view the market because when bitcoin is down then it is the best time to invest in the market and not to invest in bitcoin. People are waiting foe bitcoin to come down so they will start the investment and here you are saying that when bitcoin is down, altcoins is taken as the priority to invest. I don't think this a good idea.

Now that the price of bitcoin is on the high side, you can invest in altcoins and once the price of bitcoin reduce then you have to sell your coins and reinvest in bitcoin. In 2022 bitcoin went down to $16k and I don't think the next dip that is will hit that figure again. And it might be at the range.of $20+k









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June 10, 2024, 09:01:42 PM
 #207

Altcoins becomes our priority when bitcoin is down, we have all the time to mapped out our strategy and execute them because there's more targets to hits in the market, we just have to be careful not to mapped ours tactics on projects that don't portray good road map.

As you map out your strategy to invest on alt coins you should also be very careful with the one you are diversifying to because as you can see the market will soon start making a positive correction and at the same time most of the alt coins will be acting as if they have a good potential and if someone is not mindful they will end up investing on those coins and later regret will be the case, so perhaps you could actually research on the best alt coins to invest and from there you will be guided.

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June 10, 2024, 09:32:07 PM
 #208

Altcoins becomes our priority when bitcoin is down
If you see bitcoin crashing down, most investors might go to altcoins in hopes of seeking out a ‘safer’ alternative for their money.

Although not all altcoins will be sought out by investors. Probably only the top, reliable ones while the rest may experience a crash as well due to lack of confidence and unreliability. The mindset would be if bitcoin is unreliable right now, what more those low cap altcoins?

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June 12, 2024, 01:38:59 PM
 #209

Quote from: Kocret02
Every time the market has a phase as you said, sometimes it goes up and sometimes it goes down and also experiences periods of correction. but in my opinion if you are just an observer then it is a big mistake for traders who want to take advantage of every market condition because there are so many altcoins that we can choose to trade. because each altcoin does not have the same movement as one another. so take advantage of every market condition.
Whenever the price of altcoins is going up, show that bull run is about to enter the market which is the best time to sell to accumulate profits, and whenever the price is going down in the market, show that bear run is about to enter the market for people to start buying altcoins from the market.

If you look very well, you will know that the majority of people watching the market price right now are those that are hodling altcoins for the bull run to come before they can trade to earn good profits.

ETH and BNB use to move the same time, but not all the bull run they used to move at the same time but if you can take the advantage of top altcoins in the market, you will be happy when the bull run hit the market running because that is the season to earn well.


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June 12, 2024, 02:01:20 PM
 #210

Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?
When it comes to the time that the marketing is flotrating you don't need to be confused yourself at that moment the best things for you to do is that is to keep patients and wait for the right time of goods market to comes, so that you won't sell your coins on a loss times. Because we can not predict the altcoins markets it can only monitoring for to know the actual time that the market is higher that you can  get multiply of what you have buying for long periods of time.
Quote

1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me
Buy altcoins doesn't matter but know the type of altcoins to buy, because not all the altcoin that you see in any exchanges are good to buy there some of the altcoin that already died for a long time. But altcoin has a great profit which if buy much against the future you may get huge profits that will not expect, selling altcoin during halving and you wanted to buy another cheaper with in that priods of halving I don't think it will be fevor you in the future.

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June 12, 2024, 02:06:14 PM
 #211

I am still doing nothing, we are in very early bull market phase. I will not sell anything until next year when I think/hope prices will be much higher. Traditionally we don’t have a really parabolic run until 12 months AFTER the bitcoin block reward halving.

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June 12, 2024, 02:12:03 PM
 #212

Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?

1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me

I was doing DCA but now I'm just watching. The price beat all my prediction and now I can't afford to lose more on the market. I'm in disastrous loss as most of the investment I made were leveraged and I got liquidated again. I had stopped using leverage but all the signs showed the market has been stable and it won't move below specially when ETH has been listed as ETF but I was wrong again and lost some 5K in liquidation. I still have one leverage and a few bitcoin. I'd wait and see before putting more of my savings on crypto.



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