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Author Topic: Do you trade altcoins during the bull run or just hodl?  (Read 2058 times)
gurunanakji777
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May 29, 2023, 09:17:33 AM
 #61

If you want to make gains in a bull market, you will need to increase your portfolio in a bear market so that you can benefit during a bull run. It is not true that you can easily profit by simply riding the wave, as in most cases, this can lead to losses also. However, the risk in trading is lower in a bull market compared to a bear market because movement is observed in most coins.

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May 29, 2023, 01:17:12 PM
 #62

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?

Although I have created a small basket of altcoins for the long-term process, I usually prefer to trade them for the short-term processes. At the moment, the reason why I give importance to short-term trades is to close positions of gains at certain rates without risking and to obtain a regular return on a daily basis, even if it is not fixed. Although not all altcoins are of course, some of them will be long-term projects, but it should not be forgotten that each altcoins chosen, unfortunately, may cause both the failure to obtain the expected profit in the long-term investment process and the loss of all the invested money. For this reason, considering these bad financial market conditions, I think that we should prefer short-term trades and provide ourselves with a regular money flow from here.
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May 29, 2023, 02:35:20 PM
 #63

Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?

i will still wait for some reason, because i believe this market still on the bear phase and not down to the deep yet.
On the other hand, some investors choose to actively trade altcoins during a bull run. Trading altcoins can be more challenging as it requires timing the market and making accurate predictions about price movements. While successful trading can yield higher returns in a shorter time frame, it also comes with increased risks. Altcoin markets can be highly volatile, and it's important to have a solid understanding of technical analysis, market trends, and risk management strategies before engaging in active trading.

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May 29, 2023, 05:18:10 PM
 #64

Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?

You can stake you coins so you earn double, you get more tokens from the staking reward and you can also sell your bought tokens at high price to make profits. Next year is the halving year and the market will pump because there'll be fomo everywhere as investors will be expecting the market to pump so they'll be buying also.
One mistakes you should not make in the bull market is to sell too early, you have to hold your coins and wait for the market to reach it's peak or when it's close to the peak you sell your coins you are holding so you don't miss selling at a very high price. If you do this, you'll end up regretting and it would be very disappointing.
In the bull market, you should only hold your coins instead of selling or trading. If you decide to trade, you might miss higher gains when you sell and the market mightn't go lower for you to see a good price for you to enter the market to buy more amount of tokens greater than the amount you previously owned.

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May 29, 2023, 11:50:07 PM
 #65

Trading is good way to minimize profit but it could be also responsible for grest loss. cause wrong decision can takes away large portion of holding. Bedsides lower coins go down permanently. So i choice top currency and hold those till proper time. For example, currently bearish session is on the way, so price is down. So waiting for next bull run to sold or trade. but emergency situation is exceptional thing in life

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May 29, 2023, 11:57:04 PM
 #66

Holding is the best thing to do that. I were doing both. I have some assets that used for long term hold while at the same time im actively trading on the spot and futures. It's caused by when you hold and you need token but when you trade you need stable tokens.

I think that mostly of people prefer to hold their assets for long term instead of trading it.

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May 30, 2023, 02:02:27 AM
 #67

I will hold 50% of my assets and will trade the rest. If there has been a bull market I will return my investment first and then I will take a small profit from my investment. I will hold the rest until it reaches the price I want. This means I will sell my asset if it has generated a return of about 4 times its initial price...

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May 30, 2023, 02:15:50 AM
 #68

I will hold 50% of my assets and will trade the rest. If there has been a bull market I will return my investment first and then I will take a small profit from my investment. I will hold the rest until it reaches the price I want. This means I will sell my asset if it has generated a return of about 4 times its initial price...
That's the typical strategy of many that will take advantage of the bull run. It sounds easy but you'll get to find it out if what suits you really.

Four times of the profit is something that's hard to achieve and we will never know how long you'll need to wait. And that is because it will depend on what you're holding.

If it's a decent coin then that's plausible but if it's something that you've taken randomly and you just bet on it upon buying it that it might be bigger someday, who knows then.

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May 30, 2023, 07:24:34 AM
 #69

Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?
You can trade and you can hold some altcoins that is good for holding, slow moving altcoin is good for holding and fast moving good for trading, there are chart and trade history on exchange or in any tracking apps line CMC or coingecko, try different strategy not just invest or trade do both for good.

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May 30, 2023, 08:08:10 AM
 #70

Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?
You can trade and you can hold some altcoins that is good for holding, slow moving altcoin is good for holding and fast moving good for trading, there are chart and trade history on exchange or in any tracking apps line CMC or coingecko, try different strategy not just invest or trade do both for good.
trading and holding bitcoin can indeed get more profit than you just trading or just holding,
but we also have to be able to do technical analysis if we want to trade, without us studying TA it will be difficult to trade,
in fact you can only lose every day. so be wise if you want to trade or hold altcoins.

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May 30, 2023, 08:09:11 AM
 #71

Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?

the decision to hold or actively trade altcoins during a bull run depends on your risk appetite, investment goals, and level of experience. It may be helpful to consult with financial advisors or experienced traders who can provide guidance based on your specific circumstances.

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May 30, 2023, 08:14:08 AM
 #72

Trading is good way to minimize profit but it could be also responsible for grest loss. cause wrong decision can takes away large portion of holding. Bedsides lower coins go down permanently. So i choice top currency and hold those till proper time. For example, currently bearish session is on the way, so price is down. So waiting for next bull run to sold or trade. but emergency situation is exceptional thing in life

Exceptions may need to be made, as unforeseen circumstances may arise. During the bull run, there seemed to be a lot of interest in trading altcoins and maximizing profits. However, trading carries a significant risk of loss if decisions are made incorrectly. In addition, coins with lower values may experience a permanent decrease in price.

Just be Focus on holding the top currency until the time is right I think. now the market is still bearish which means the price is going down. It is wise to wait for the next bull run to sell or trade.

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May 30, 2023, 09:00:18 AM
 #73

Although during a bull market, holding altcoins for a long time is not a wise choice, and it is a very dangerous operation. Everyone knows that this place is full of speculators, their purpose is to raise prices and sell their tokens crazily, the ultimate goal is to realize cash, it is only a matter of time, and this situation is uncontrollable. So it is important to choose the right time and control your desires. Of course, there are some altcoins that can be held for a long time, such as Ethereum and BNB.
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May 30, 2023, 11:39:03 AM
 #74

Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?
You can stake you coins so you earn double, you get more tokens from the staking reward and you can also sell your bought tokens at high price to make profits. Next year is the halving year and the market will pump because there'll be fomo everywhere as investors will be expecting the market to pump so they'll be buying also.
One mistakes you should not make in the bull market is to sell too early, you have to hold your coins and wait for the market to reach it's peak or when it's close to the peak you sell your coins you are holding so you don't miss selling at a very high price. If you do this, you'll end up regretting and it would be very disappointing.
In the bull market, you should only hold your coins instead of selling or trading. If you decide to trade, you might miss higher gains when you sell and the market mightn't go lower for you to see a good price for you to enter the market to buy more amount of tokens greater than the amount you previously owned.
I do not think that many people are favoring staking all that much. Not because it's a bad method but they believe that tokens that are staked are inflationary and they usually lose their value because of it, not all of them of course but majority of them are like that.

I think holding alts are still a better method and if it's a token that you can stake then it's better to stake but many prefer ones that doesn't have staking function in order to make sure it doesn't lose value. You may think that when you stake you have more tokens, but if the value drops then it means nothing, if your 100 tokens worths 100 dollars today, when you stake and have 200 tokens, if it still worths 100 dollars then it meant nothing and that's why they avoid it.

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May 30, 2023, 08:14:13 PM
 #75

I prefer to take profits, and switch to holding USDT or stable coins, only after the market has stabilized can we choose which coins we will buy, and also if we want to hold for the long term we can choose coins that have low risk.

that's right, because when the bullrun occurs, then it's the right time to sell coin that we invest, but when the bullrun hasn't happened and the market hasn't increased (correction), then it's the right time for you to DCA coin that you're investing and hold until the market experiences a bullrun, so you will definitely get a lot of profit, then after the bullrun is over (bear market), so it's the right time for you to buy back.

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May 30, 2023, 09:07:17 PM
 #76

I prefer to take profits, and switch to holding USDT or stable coins, only after the market has stabilized can we choose which coins we will buy, and also if we want to hold for the long term we can choose coins that have low risk.

that's right, because when the bullrun occurs, then it's the right time to sell coin that we invest, but when the bullrun hasn't happened and the market hasn't increased (correction), then it's the right time for you to DCA coin that you're investing and hold until the market experiences a bullrun, so you will definitely get a lot of profit, then after the bullrun is over (bear market), so it's the right time for you to buy back.
But during Bull Runs, you can catch a number of market fluctuations, which are good to allow you to improve the crypto bags. Yes, it is difficult to trade the existing Altcoins. More interest is aroused by those reappearing at this time. There are many such Altcoins during Bull Runs. So they should usually be traded. They can bring a good profit.

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May 30, 2023, 09:34:55 PM
 #77

But during Bull Runs, you can catch a number of market fluctuations, which are good to allow you to improve the crypto bags. Yes, it is difficult to trade the existing Altcoins. More interest is aroused by those reappearing at this time. There are many such Altcoins during Bull Runs. So they should usually be traded. They can bring a good profit.
The right option for altcoins when bullish is to take profits and don't rush to buyback when corrections are low but be patient to buy at lower prices, the altcoin market is very risky because there is a lot of price speculation that doesn't meet expectations and even declines if you keep small profits, so it's better take profit and analyze the potential of that coin to buy on the next market correction.


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May 30, 2023, 10:03:01 PM
 #78

The best option is still to keep them for the period of the increase in price because there are still many projects that have the ability to increase in price like rockets, so selling them can make you regret it if they go up in price after sale. But if you really want to sell them, then it might be a good idea to sell only half of some of those assets because at least you still have the opportunity. In addition, you can also wait for the market to drop to be able to choose other altcoin coins for your portfolio. Diversifying assets is never a bad choice when it comes to investing.
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May 30, 2023, 10:14:25 PM
 #79

If you hold altcoins that were bought for a long-term hold, then you should not sell them, regardless of where the market is moving. But if you know how to trade and know the levels at which you need to sell and then buy at a lower price, then you should use these skills to increase the profit or the number of coins in your portfolio.

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June 03, 2023, 11:33:20 AM
 #80

Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?
Next year is your first bull run? You sound too confident there and it looks like you know what can happen in the future. I think you can say this because everyone is feeling positive about the Bitcoin halving event, that it will pump the whole market. I'm not being negative about it but there is also a possibility that a bull run will happen earlier. It could be on this year, who knows?

There is also a chance for it to be delayed but it does not really matter as long as you can be able to wait, you are for sure going to be compensated. It's up to you actually if you will wait or you can sell early if you badly needed some funds. For me I think ill wait for a while.

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