TIDOVEE (OP)
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August 31, 2020, 08:28:54 PM |
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The 2016/17 bull run was just for about 9month and it hit around $20k, I never thought it will end so soon then,while I was still strategizing on how to get the best of it, the time was up, it was like a movie as it was sliding down gradually,hoping it will rise till today, the few project campaign I participate in then were just what payed me well, few of them dropped their token which I never touched till today because they have so much lost value, now as the bull run commences,let's say it runs for a year, how many project campaign do you plan to cover within the period?
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jackg
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August 31, 2020, 08:44:55 PM |
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We're you joining campaigns to earn funds or were you buying into their tokens?
I sold at $10k during the fall last time but I remember being busy at the time so it was an easy move to make. I still held some funds in crypto but cashed out the rest and rebought around $6k. I don't think I'll get that lucky this time I do it and I'll probably aim for if the price reaches a few hundred thousand to start selling -- if it doesn't reach that far and it cashes I won't feel too bad.
I'd spend your time now trying to accumulate stuff before the run. If you wait for then you'll probably make less in BTC terms..
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LFC_Bitcoin
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August 31, 2020, 09:11:27 PM |
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I sold nothing during the last big bull run. I’ve been heavily invested in bitcoin since 2014 but 2017 was my first face melting bitcoin bull run. I was like a deer in headlights tbh, I had no sell strategy & I was seduced by the price going continuously upwards.
I’m much better prepared this time & I won’t miss out on taking life changing money out this time.
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livingfree
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August 31, 2020, 09:28:23 PM |
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That last bull run has taught a lot of us not to be greedy and always get the profit that we deserve. My plan is to pursue buying until the price of the bull run hasn't shown. Relative to projects, I might be sticking to the oldies and won't be focusing on the hype.
Getting myself ready if it comes unexpectedly because it can also go as quick as less than a day.
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Upgrade00
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August 31, 2020, 09:32:40 PM |
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I wasn't in the cryptocurrency space during the last bull run and as such, I do not have any experience about that. But so far, I've learnt that it helps to have a strategy (based on your analysis) so you do not sell too early or end up hodling all the way up and back down again. The task is to find the perfect balance between greed and panic.
It's almost impossible to predict where the peak would be, so I would have a certain range within which I would sell a portion of my stash (which isn't that much) and hodl the rest regardless of whether or not it drops. I would only be compelled to sell off if it hits a ridiculously high price. My contingency plan would be; if the price crashes significantly after a spike; below x value, I'll buy back completely.
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harizen
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August 31, 2020, 09:33:25 PM |
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... now as the bull run commences,let's say it runs for a year, how many project campaign do you plan to cover within the period?
Why such a plan like that become a concern now because of the current price behavior? Should be, even prior to this expected bull run, we should just continue our usual accumulation as much as we can. There is no we can tell how long BTC will behave like this so plan early instead of waiting for the "good timing". In the end, whatever happened, you will have a good number of BTC on your hand waiting and preparing for the next trend.
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Sanitough
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August 31, 2020, 09:35:57 PM |
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The 2016/17 bull run was just for about 9month and it hit around $20k, I never thought it will end so soon .(snip)
Same page, I thought bitcoin would continue to rise like there's no correction, I got hyped that time but I never regret anything as though I wasn't able to maximize my profit but at least I sold at a profit. I earn both trading and bounty hunting that time, so it was one of the luckiest moment of my life, I don't want to divulge any amount I made but I tell you, it was a significant amount enough for me to change my life financially.
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suzanne5223
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August 31, 2020, 09:53:45 PM |
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My plan for the coming bull run is to never be blind by the bullish market cause one of thing i learn through crypto market is to always think ahead in other to always seize every moment cause good thing dont really last forever. I sold 85% of my holding when Ex Apple Co -founder publicly said he sold all his holding cause people like him can easily influence the market. Besides, this is the reason why I sold 75% of my YFI holding either.
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Twinkledoe
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August 31, 2020, 10:00:27 PM |
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... now as the bull run commences,let's say it runs for a year, how many project campaign do you plan to cover within the period?
Why such a plan like that become a concern now because of the current price behavior? Should be, even prior to this expected bull run, we should just continue our usual accumulation as much as we can. There is no we can tell how long BTC will behave like this so plan early instead of waiting for the "good timing". In the end, whatever happened, you will have a good number of BTC on your hand waiting and preparing for the next trend. I don't have plans on how many because as much as possible if I can accumulate as much as I can, I will. Because I believe that this will pay off in the long term. And by the way, what does the OP mean, by how many project campaign? Is that the bounty campaign that he's asking here?
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Vintry Dribbler 1975
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August 31, 2020, 10:17:06 PM |
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If a bull run is going to run for a year then there is no point reaching deep into your purse and making one hefty transaction. Spread the trades out over the twelve months in monthly, fortnightly or even weekly trades. Work out what your overall out of pocket is going to be then work out how you might divvy up the trades. Above all keep a small bag set aside for a long term retirement plan (even if it is as little as $10 worth of Crypto a week - there's no telling where the price will be in ten or twenty years time.
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Oasisman
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August 31, 2020, 10:22:43 PM |
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I sold nothing during the last big bull run. I’ve been heavily invested in bitcoin since 2014 but 2017 was my first face melting bitcoin bull run. I was like a deer in headlights tbh, I had no sell strategy & I was seduced by the price going continuously upwards.
I’m much better prepared this time & I won’t miss out on taking life changing money out this time.
I guess you're not alone with this. Though I only have small amount Btc during that time, but I only managed to sell 1/3 of my holdings. I myself have been overwhelmed by how Btc has been rising that fast. While, there were also a lot of alts who suddenly pumped in the 2017 bull like the OP just said, though there were also those who managed to sell at the peak but there were also a lot who missed and regretted. I guess now is the time for redemption, and don't let the greed hold you back from not selling If Btc reaches new heights in this current cycle.
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TIDOVEE (OP)
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September 01, 2020, 03:08:58 AM |
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I sold nothing during the last big bull run. I’ve been heavily invested in bitcoin since 2014 but 2017 was my first face melting bitcoin bull run. I was like a deer in headlights tbh, I had no sell strategy & I was seduced by the price going continuously upwards.
I’m much better prepared this time & I won’t miss out on taking life changing money out this time.
Many of us who had that moment as our first bull experience were just caught unprepared, it was after that bull run that I understood what and how bull run is, just like myself I know many are ready to take the best advantage of the coming bull such that even if it doesn't come again, they are safe for life. I trust many are very busy now investing, making campaign against the bull. We have learnt our lesson and we refuse to dull it the season.
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Coin_trader
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September 01, 2020, 03:19:21 AM |
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If a bull run is going to run for a year then there is no point reaching deep into your purse and making one hefty transaction. Spread the trades out over the twelve months in monthly, fortnightly or even weekly trades. Work out what your overall out of pocket is going to be then work out how you might divvy up the trades. Above all keep a small bag set aside for a long term retirement plan (even if it is as little as $10 worth of Crypto a week - there's no telling where the price will be in ten or twenty years time.
This is the perfect way to enter in the market. I just don't have merit but this post is inevitable. Spreading entry is the best way to minimize loss with a good profit percentage. I usually by every Elliot wave cycle ends then just hold and wait other correction. I always take profit in tranches everytime I reach 25% of my investment. In this way, I never feel FOMO whenever the market is going up after I sell since I still have my partial position. Being discipline and patient is the key to earn on trading.
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Bitstar_coin
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September 01, 2020, 03:52:47 AM |
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I can't really say that I have a special plan made out for the next bull run, for now am just looking forward to its arrival then perhaps I will have a good idea what my plans would be, since I was unable to utilise the previous bull run to the my satisfaction I intend to make this next one count, so my plans will be more clearer to me when the moment arrives.
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pilosopotasyo
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September 01, 2020, 04:15:47 AM |
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The 2016/17 bull run was just for about 9month and it hit around $20k, I never thought it will end so soon then,while I was still strategizing on how to get the best of it, the time was up, it was like a movie as it was sliding down gradually,hoping it will rise till today, the few project campaign I participate in then were just what payed me well, few of them dropped their token which I never touched till today because they have so much lost value, now as the bull run commences,let's say it runs for a year, how many project campaign do you plan to cover within the period?
It's not a guaranty that if we are in a bull run many projects will be legit, there will still many fake projects and many scammers will continue to scam investors and bounty hunters, in fact, it's when we are in a bull run that should be very careful because scammers know very well that it's the time investors will pour in more money, so they will not stop creating fake projects.
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BACK FROM A LONG VACATION
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pooya87
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September 01, 2020, 05:24:13 AM |
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The 2016/17 bull run was just for about 9month and it hit around $20k,
wrong. the previous bull run started in the last quarter of 2015 and lasted more than 2 years going from the bottom with a very long accumulation period at $200 and then ended at $20000. similarly this time the bull run started in the first quarter of 2019 after a very long accumulation at the bottom at $3000 and it is still ongoing and probably last until the end of 2021. I never thought it will end so soon then,while I was still strategizing on how to get the best of it, the time was up, it was like a movie as it was sliding down gradually,hoping it will rise till today,
well that's the problem when you ignore bitcoin for 2 years while it is in a bull run and only pay attention to it when the hype part of the bull run (which is the closer we get to the end) starts. you miss the entire thing. the few project campaign I participate in then were just what payed me well, few of them dropped their token which I never touched till today because they have so much lost value, now as the bull run commences,let's say it runs for a year, how many project campaign do you plan to cover within the period?
why would anybody want to waste their time on garbage tokens and copycat shitcoins? you can spend the same amount of time into literary anything like working in a fast food restaurant flipping burgers and make a lot more money then buy bitcoin with it! not to mention that when you help scam ICO tokens or scam altcoins advertise their garbage you are also a partner in crime because you are collaborating in the scam.
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davis196
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September 01, 2020, 05:28:18 AM |
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The 2016/17 bull run was just for about 9month and it hit around $20k, I never thought it will end so soon then,while I was still strategizing on how to get the best of it, the time was up, it was like a movie as it was sliding down gradually,hoping it will rise till today, the few project campaign I participate in then were just what payed me well, few of them dropped their token which I never touched till today because they have so much lost value, now as the bull run commences,let's say it runs for a year, how many project campaign do you plan to cover within the period?
What do you mean by "project campaign"?Do you mean bounty campaigns?This sub-forum is about crypto trading,not bounty campaigns and crypto startup projects. Back in 2017 ICO campaigns were a thing.I earned a few tokens here and there and I sold them for several hundred dollars worth of BTC before they crashed totally.It turned out that most ICOs were exit scams,but I though that they are legit back then.It was weird for me,since I wasn't using altcoins/tokens before 2017 and I don't trade altcoins/tokens now. Anyway,I don't expect a Bitcoin bull run coming.I expect a bear market,so I will try to hoard as much BTC as possible.
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maydna
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September 01, 2020, 05:39:10 AM |
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The 2016/17 bull run was just for about 9month and it hit around $20k, I never thought it will end so soon then,while I was still strategizing on how to get the best of it, the time was up, it was like a movie as it was sliding down gradually,hoping it will rise till today, the few project campaign I participate in then were just what payed me well, few of them dropped their token which I never touched till today because they have so much lost value, now as the bull run commences,let's say it runs for a year, how many project campaign do you plan to cover within the period?
In the next bull run, I hope you can have your strategy, so you don't have to miss the chance to sell at the new ATH. We don't know when the bull run comes and when it ends, but if we can watch closely at the market, I am sure that we will see the sign to sell at the right time. It is all about the strategy that you need to make before the bull run come so that you can prepare yourself and your coins. Besides that, the most important, you need to set the target price to sell because from my experience, we can be greedy when we see the price start rally to the high price. We forget about the target sell price because we are too greedy to make another biggest profit. Meanwhile, the price itself already touch the highest price.
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cryptomaniac_xxx
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2020, 10:09:38 AM Last edit: September 02, 2020, 11:26:15 AM by cryptomaniac_xxx |
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I’m much better prepared this time & I won’t miss out on taking life changing money out this time.
I was not yet in this community in 2017, but I'm been in crypto since the beginning of that year and I really don't know what to do but to sold with profits and didn't hold that much, except just small amounts of bitcoin. So I regret my decision though, I could have profited way bigger at the end of the bull run if I just hold on my coins early 2017. That's just about less than a year of hold and I didn't do it. But now, I'm more prepared, but during the dips in 2018 and then some during the crash due to the pandemic. So I'm holding now and I would say prepared for the long haul.
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Ridwan Fauzi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2020, 10:35:27 AM |
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For myself, I choose only bitcoin for long term holding it mean I prefered it for bull run hopefully for this year. Because I just trust bitcoin to gain a lot of profit and also I can collect bitcoin as much much as I can through my earning on signature campaign, not much but it is enough to me.
But in the other hand, since the last month I started to be a day trader, yeah I have more time right now so I can focus myself to make a target $100 per week. I choose altcoin to trade, especially at this time DeFi project is really promissing to trade. Its movement are so fast so I can close for several hours to take profit. That's all, my startegy to face bull run in this crypto market.
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