savetheFORUM
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March 24, 2023, 09:25:25 PM |
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Hello all,
I will listen to the advice here and convert some of my altcoins into Bitcoin - will try and get the percentage of my portfolio in Bitcoin up to 60% which will leave 40% for altcoins.
When I first started investing in crypto Bitcoin was at £44,000 so pretty much the top and I felt as a newbie it was just too expensive so I went for altcoins.
I first started investing in Bitcoin in the June crash last year which is why I have a pretty good average price but should have focused more on it as I continued to by altcoins throughout the rest of 2022 also.
Are you a short-term investor or you have invested for the long term? If you are thinking short-term, 40% in altcoins might be a good decision if you sell them soon and take profit from it, but if you are going for long-term, 40% is still a lot to be invested in altcoins no matter how much diversification you get for that 40%. Altcoins, apart from a few, should never be bought and kept for a very long term. Can we know what altcoins you are holding so that we can have a general idea of your taste in altcoins it would also be good to know if for how long you are planning to hold on to each one of them.
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Kodok Bencot
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March 25, 2023, 01:40:31 AM |
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In my opinion if the price has reached $ 40k then it will be the start of the next bull, the daily transactions that are happening at this time are a sign that the market will rise and become hope for the next bull, March is a good start because the price can go up from under $ 20k to over $27k even yesterday the price was $28k.
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MoonOfLife
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March 25, 2023, 04:48:56 AM |
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Hello all,
I will listen to the advice here and convert some of my altcoins into Bitcoin - will try and get the percentage of my portfolio in Bitcoin up to 60% which will leave 40% for altcoins.
When I first started investing in crypto Bitcoin was at £44,000 so pretty much the top and I felt as a newbie it was just too expensive so I went for altcoins.
I first started investing in Bitcoin in the June crash last year which is why I have a pretty good average price but should have focused more on it as I continued to by altcoins throughout the rest of 2022 also.
Are you a short-term investor or you have invested for the long term? If you are thinking short-term, 40% in altcoins might be a good decision if you sell them soon and take profit from it, but if you are going for long-term, 40% is still a lot to be invested in altcoins no matter how much diversification you get for that 40%. Altcoins, apart from a few, should never be bought and kept for a very long term. Can we know what altcoins you are holding so that we can have a general idea of your taste in altcoins it would also be good to know if for how long you are planning to hold on to each one of them. Short term or long term, investing 40% of your money in altcoins is not good. We are still in the bearish season and there is no guarantee that investing in altcoins at this time will be profitable. Investing in altcoins needs to be at the right time and now is not the right time. One more thing, if you want to invest long-term in altcoins, then ETH will be a perfect choice, it is suitable for long-term investment. It is not inferior to bitcoin or even superior in terms of profitability.
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Rigon
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March 25, 2023, 09:15:52 AM |
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In my opinion if the price has reached $ 40k then it will be the start of the next bull, the daily transactions that are happening at this time are a sign that the market will rise and become hope for the next bull, March is a good start because the price can go up from under $ 20k to over $27k even yesterday the price was $28k.
We did not start the month of March well. In the middle, the market moves to the better side. Many expected the Bitcoin market to settle at $30,000 by March. However, we can see that in March, Bitcoin stood at $28,922. Then the market dumping did not come below 27000 dollars. But from here it is assumed that Bitcoin can stay between 30 thousand dollars by the month of March. Let's see if Bitcoin can stay at $30k in the remaining few days before the end of March.
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KingsDen
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March 25, 2023, 12:44:45 PM |
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Have been in crypto just over a year now so have yet to experience a bull market and up till now I have just bought and held.
Currently my portfolio is 10% down and am not planning on selling any until I 2x at least.
Bitcoin takes up 30% of my portfolio with the rest in altcoins.
What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more?
Since you are holding for long term, I would really advice that you increase your bitcoin holding if possible and be mindful of the altcoins you are holding. The big question is that will the altcoins still worth it by next year? Some altcoins obviously will not survive the bear till the bull run comes. But if things work good and bitcoin happens to exceed its ATH of 69k, with the current price we have now you should how much you are expecting. But altcoins have the tendency of giving a better yield. For the next coming year of 2024 there's an event will happen is the halving and there's a chance that we might experience again with the bitcoin price movement of the new ATH, for me its better to accumulate a lot of coins as long as you can because for the Bullrun of course that's the time all of your holdings become worth it. If you will take a look with the previous price ATH its always break the ATH so for the upcoming pump still no one knows, but the chance is still there. Looking at the rainbow 🌈 graph you posted, you can see that bitcoin is yet to complete the mountain - valley formation. This is a great insight that the 2024/25 bull run will be massive.
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Pejoh Asu
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March 27, 2023, 04:00:56 PM |
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I think the return that can be the start of the next bull run is the price can reach $ 35k, I'm sure if March can reach $ 30k then April will skyrocket to reach $ 50k, we don't just do analysis without action, it's better to buy before prices hit new records.
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MiF
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March 27, 2023, 07:58:33 PM |
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Have been in crypto just over a year now so have yet to experience a bull market and up till now I have just bought and held.
Currently my portfolio is 10% down and am not planning on selling any until I 2x at least.
Bitcoin takes up 30% of my portfolio with the rest in altcoins.
What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more?
I think it is unknown, even if bitcoin is rising we still don't know if it will continue to bullish or it will fall, earnings is depending on our limits not on the market condition because even if the market continue to get better but if we don't have a patience to hold we still didn't get 10x or more profit.
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Don Pedro Dinero
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March 28, 2023, 03:40:06 AM |
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x10 to today's BTC price? I won't say it's impossible, but that would mean 1 BTC would be worth $280 000, and the last big bull run only pushed the price up about x3.5 from the previous ATH ($20 000 - 2017). I personally don't expect the price to go that high, but that's just my opinion and it doesn't have to be correct at all.
I am of the same opinion. As the bitcoin market matures and the price rises, it is normal for the percentage returns to be lower. If this cycle has been x3.5, it would be normal going forward to expect at most that. Although we can't know for sure because high inflation or high adoption could make the return higher, but I certainly don't expect returns of x20 or more as in the early cycles. I think next cycle we are going to have x3 at most. The $100,000 barrier will be hard to break, and I think the $200,000 barrier won't be broken until the next one.
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Silberman
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March 28, 2023, 04:20:03 AM |
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In my opinion if the price has reached $ 40k then it will be the start of the next bull, the daily transactions that are happening at this time are a sign that the market will rise and become hope for the next bull, March is a good start because the price can go up from under $ 20k to over $27k even yesterday the price was $28k.
We did not start the month of March well. In the middle, the market moves to the better side. Many expected the Bitcoin market to settle at $30,000 by March. However, we can see that in March, Bitcoin stood at $28,922. Then the market dumping did not come below 27000 dollars. But from here it is assumed that Bitcoin can stay between 30 thousand dollars by the month of March. Let's see if Bitcoin can stay at $30k in the remaining few days before the end of March. There are only a few days left before the month of March ends and it seems we are not going to reach 30k, but that should not be a sign to worry for, this month despite the difficult start was a good one, so we can suppose that April may be an even better month, however there are too many unknown variables, the economy which seemed to have stabilized already is showing once again signs that this is not the case, and depending on how governments all around the world respond to this the price of bitcoin could move in one direction or the other.
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irhact
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March 28, 2023, 05:32:55 AM |
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Have been in crypto just over a year now so have yet to experience a bull market and up till now I have just bought and held. Currently my portfolio is 10% down and am not planning on selling any until I 2x at least. What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more?
You just have to keep holding because you'll smile at last, Bitcoin has never left anyone who trusted in him go unhappy, the market might be down now and encouraging you to sell but if you can resist that and hold just for one bull cycle to finished, you'll be the one smiling at last. Ignore all the fud ongoing and if you can't ignore online then go offline. My expectations for 2024/25 is a minimum of 5-8x on the all time low of Bitcoin for the bear market. Your return of investment depends on when you got into Bitcoin lows, at $17k means a $136k when the null market comes. I feel we'll easily cross the $100k price in the cycle and price will go further.
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Dr.Osh
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March 28, 2023, 06:16:17 AM |
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we expect a very large increase that can occur 24/25. however, no one can say for sure whether this time the price of bitcoin will really go up or not. However, I also have the same plan. I, will probably keep trying to hold onto my assets until the halving happens, or at least until the end of 2025. Although no one knows what will happen in that year, however, I also think that the bitcoin price could reach a very high price. at least close to ATH, or reach a new ATH.
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SFMHodler
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March 28, 2023, 06:17:08 AM |
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Right now I'm not feeling to hot / i think will stay in this area for a long time.
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Rasa nanas
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March 28, 2023, 06:57:18 AM |
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why only 2x? Don't you know if you can hold until the bull your asset will increase more than 2x? if you can hold your assets until the bulls come chances are that your assets will increase at least 5x from your current asset value. bitcoins only 30% ? no problem, hopefully the rest you invest in the right altcoins. I recommend investing in the most popular altcoins such as ETH and BNB because they have lower risks and you will get maximum results when the bulls arrive.
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Joshapat
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March 28, 2023, 09:21:53 AM |
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It can be said that in March there was a fantastic increase so that many people were sure that in March was the beginning of the next bull, in my opinion if the price could touch $ 30k then the price would jump high until it was easy to reach $ 40k in a short time, just like a few days ago when the price $ 25k can be touched, the price continues to rise until it is easy to reach $ 28K and can last until now.
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rodskee
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March 28, 2023, 11:45:31 AM |
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Have been in crypto just over a year now so have yet to experience a bull market and up till now I have just bought and held.
you are new in the market but wanted to hear about bull run again? it has been years before happening why not focus in your investing strategy and that is buying? Currently my portfolio is 10% down and am not planning on selling any until I 2x at least.
then you have already idea what to do then focus on that ,instead of showing greediness. Bitcoin takes up 30% of my portfolio with the rest in altcoins.
30% is already good profit , you can atleast take that or add more. What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more?
I am expecting a Hype but don't want to look for specific price . It can be said that in March there was a fantastic increase so that many people were sure that in March was the beginning of the next bull, in my opinion if the price could touch $ 30k then the price would jump high until it was easy to reach $ 40k in a short time, just like a few days ago when the price $ 25k can be touched, the price continues to rise until it is easy to reach $ 28K and can last until now.
never be to confident mate , because this market is changing every now and then.
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kotajikikox
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March 28, 2023, 12:22:32 PM |
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Have been in crypto just over a year now so have yet to experience a bull market and up till now I have just bought and held.
Currently my portfolio is 10% down and am not planning on selling any until I 2x at least.
Bitcoin takes up 30% of my portfolio with the rest in altcoins.
What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more?
since you are new , then you are only expecting too much , consider that things may come opposite to what you are asking mate. _______________________________________________________________________________ _______________________________ _______________________________________________________________________________ _______________________________ I am looking for at least 50-100% of my folio to climb and also I am one of the most believer that Bitcoin will turn my money into a Gem lol.
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Razmirraz
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March 28, 2023, 02:04:18 PM |
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Have been in crypto just over a year now so have yet to experience a bull market and up till now I have just bought and held.
Currently my portfolio is 10% down and am not planning on selling any until I 2x at least.
Bitcoin takes up 30% of my portfolio with the rest in altcoins.
What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more?
I think it is unknown, even if bitcoin is rising we still don't know if it will continue to bullish or it will fall, earnings is depending on our limits not on the market condition because even if the market continue to get better but if we don't have a patience to hold we still didn't get 10x or more profit. No one knows what will happen in the future, whether the price will go up or down. price movements that change at any time often make investors panic, patience is the main factor for one's success in investing. Initial plans are often ruined by himself, panic can change everything. When expecting big returns, you have to patiently wait until the price exceeds expectations, or at least take a stand when you have made a profit.
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ajiz138
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March 28, 2023, 03:34:18 PM |
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You just have to keep holding because you'll smile at last, Bitcoin has never left anyone who trusted in him go unhappy, the market might be down now and encouraging you to sell but if you can resist that and hold just for one bull cycle to finished, you'll be the one smiling at last. Ignore all the fud ongoing and if you can't ignore online then go offline.
My expectations for 2024/25 is a minimum of 5-8x on the all time low of Bitcoin for the bear market. Your return of investment depends on when you got into Bitcoin lows, at $17k means a $136k when the null market comes. I feel we'll easily cross the $100k price in the cycle and price will go further.
Anyone who can survive in a bearish market, he must have a mentality, not be weak just because he sees erratic market movements, remember that you must be encouraged to remain solid so that you can continue to survive or even if you need to buy more at low prices, even I don't think this year will be true for the bulls and just need to capitalize while you still have money to spare for bitcoin. Anyone can make expectations remember when the price hits $100K I think a lot of people will be selling because they have found several fold opportunities in buying at the current price, so 2024/25 could be a reality or can wait a little longer to wait for the real rally momentum. Just want to try to survive more than 10 years that's all.
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March 28, 2023, 08:55:58 PM |
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Anyone who can survive in a bearish market, he must have a mentality, not be weak just because he sees erratic market movements, remember that you must be encouraged to remain solid so that you can continue to survive or even if you need to buy more at low prices, even I don't think this year will be true for the bulls and just need to capitalize while you still have money to spare for bitcoin.
Anyone can make expectations remember when the price hits $100K I think a lot of people will be selling because they have found several fold opportunities in buying at the current price, so 2024/25 could be a reality or can wait a little longer to wait for the real rally momentum.
Just want to try to survive more than 10 years that's all.
Basically the whole jokes about "diamond hands" is real, because if you do not sell easily then you will eventually make a profit. Most people do not realize this but if you keep doing that and make a return then you should be fine, I do not think that it would be hard to make a profit in the crypto world if you know what you are doing. I believe that if you end up holding as long as you have to then you should be making some profit, there isn't any secret thing in here neither, all you have to do is just end up with some bitcoin when you purchase and when you do that then you will end up with a good return when the time comes and if you wait long enough.
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Falconer
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March 28, 2023, 09:10:41 PM |
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There are big expectations in 2024 and 2025, but it's not the time yet. I still hope to collect a lot of bitcoins as long as the price is low enough this is a good phase to collect them.
I don't know, I don't know how long bitcoin will be under $30k like it is now, but as long as it's possible to buy above $30k then that's also a good thing to consider. The simple strategy is to be consistent while hoping it will pay off in the long term.
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