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Author Topic: Do you trade altcoins during the bull run or just hodl?  (Read 2075 times)
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July 26, 2023, 11:32:47 PM
 #201

I am laso holding some Altalsoin for bull market. If anyone buy and hold altcoin and sell it future bull session then he will be huge profited there has no doubt. So we have to buy antcoin and we have to hold it strongly. I am laso holding for some altcoin and some coin trading
.
When you have held several altcoins that have the potential to be bullish, that is very good, and the steps you have taken are correct, but what must be considered is the type of altcoin you have. Make sure you buy altcoins that have the potential to become bullish, like Doge and Shiba. Currently, the price of both is still very cheap, and when bullishness occurs, it will provide a lot of profit.

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July 28, 2023, 04:32:30 AM
 #202

In my opinion, it is better to trade and not just hold, because in a bull run, if you are able to trade your assets and are able to analyze technically,
that is obviously a very good thing, if you are able to do that, you will get a lot of profit from just holding.

Trading has alot of risky decision to be made, each time you trade you're at a risk of losing and when you lose your coins will keep reducing but when you hold you won't be at risk of losing unless the value of the tokens reduced due to the price of the token dumping. Trading gives you short term profits but holding give you long-term profits therefore holding will always be better.
During bull run all tokens are likely to do very well so when you hold you're confident that the market will give you profit so instead of having no patience to start trading to make quick profits, you can have faith in the token and just hold it until it gets to a very high price then you can sell and take profit. Last bull market, all those that held made big profits like 10x and above.
Both holding cryptocurency and trading cryptocurency can make you money but you have to learn how to do them properly or you'll not make profits. Make sure you learn how to trade before you start trading., Many traders didn't learn how to trade properly which is why they find it difficult to make profits. Don't start guessing and thinking you're trading, learn it properly.
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July 28, 2023, 07:00:38 AM
 #203

In my opinion, it is better to trade and not just hold, because in a bull run, if you are able to trade your assets and are able to analyze technically,
that is obviously a very good thing, if you are able to do that, you will get a lot of profit from just holding.

Trading has alot of risky decision to be made, each time you trade you're at a risk of losing and when you lose your coins will keep reducing but when you hold you won't be at risk of losing unless the value of the tokens reduced due to the price of the token dumping. Trading gives you short term profits but holding give you long-term profits therefore holding will always be better.
During bull run all tokens are likely to do very well so when you hold you're confident that the market will give you profit so instead of having no patience to start trading to make quick profits, you can have faith in the token and just hold it until it gets to a very high price then you can sell and take profit. Last bull market, all those that held made big profits like 10x and above.
Both holding cryptocurency and trading cryptocurency can make you money but you have to learn how to do them properly or you'll not make profits. Make sure you learn how to trade before you start trading., Many traders didn't learn how to trade properly which is why they find it difficult to make profits. Don't start guessing and thinking you're trading, learn it properly.
While I can see your point of view, I feel obligated to point out that "HODLing" or holding isnt necessarily a surefire approach to wealth. Investors who stuck on during the market's upswing reaped substantial rewards, but what about those who stayed the course during the subsequent down market? Not such a pretty picture, huh?

Although there is a higher potential for loss when trading, there is also a far higher potential reward if you succeed. Here's when schooling comes in handy. Reading market indications, developing a solid risk management plan, and resisting emotional impulses like greed and fear are crucial.

The focus of holding should be on the long term. Due to the volatility nature of the cryptocurrency market, a token's full potential may not be realized for several years. The key is to choose a strategy that fits with your risk appetite and long-term financial objectives.

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July 28, 2023, 01:05:54 PM
 #204

of course I'm waiting for the bullrun to arrive mate.  however As I wait for that time to come I will continue to collect altcoins bit by bit by way of trading existing holdings
If the altcoins you are holding are tradable, it's best for you to trade and profit from it until you're satisfied. But to remind you, not everyone that trades are profitable, the ratio is like a few from the 100 are making losses instead of making a win with their trades. In your own assessment, you have to make yourself look at which tokens or altcoins are profitable if you already are done with Bitcoin. I don't trade Bitcoin and just hold it for my own sake and only trade with altcoins that I think will make me more Bitcoin. That's what I do and I think the others are also doing it as well, they trade to have more Bitcoin and that's where their profit is going. If you're not too good to trade, you have a means to do other strategies and that's to hold until the bull run.

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August 16, 2023, 07:03:10 AM
 #205

Still now i'm holding my valuable altscoin and doing little little trade also but when i'm thinking about selling my oldest holding coins than felling emotional becaise now market conditions are not good and i'm not profitable in the holding altscoin and i'm now waiting for next bull run for biggest opportunity and need to make good profit from next year bull run and thinking now need to buy some good altscoin for holding till next bull run.

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August 16, 2023, 07:48:26 AM
 #206

Still now i'm holding my valuable altscoin and doing little little trade also but when i'm thinking about selling my oldest holding coins than felling emotional becaise now market conditions are not good and i'm not profitable in the holding altscoin and i'm now waiting for next bull run for biggest opportunity and need to make good profit from next year bull run and thinking now need to buy some good altscoin for holding till next bull run.

Cryptocurrency especially bitcoin becomes more stable. Now bitcoin is more stable that many fiat money. Also it is necessary to remember that during the fall of the market it is the best time to buy cryptocurrency.
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August 17, 2023, 10:58:52 PM
 #207

It is a mistake to not sell your altcoin during bull run.  I learned it the hardway.  Due to the idea of hodl, I keep on holding my token when it reaches $20, and guess what happened,  I just missed the opportunity to cash out $40k because of greed and being naive.  One thing I learned, set a target price and sell your holdings once you hit your target price.  We can always buy back when the price goes down but securing profit must be the priority.

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August 17, 2023, 11:51:29 PM
 #208

It is a mistake to not sell your altcoin during bull run.  I learned it the hardway.  Due to the idea of hodl, I keep on holding my token when it reaches $20, and guess what happened,  I just missed the opportunity to cash out $40k because of greed and being naive.  One thing I learned, set a target price and sell your holdings once you hit your target price.  We can always buy back when the price goes down but securing profit must be the priority.
i think there should be a term for holding too long it flops, i think many have already experienced the same thing they think by holding they gonna get to even greater heights of value and then get better value for their investment but alas they might be wrong considering the high value of a token or coins in general doesn't really lasts that long.
added with the fact that after bullish, bearish will follow and most certainly gonna wreck so many investors out there shattering their dream of getting massive money from their investment.
thats why its always better to sell at the right time, if we see the value fits our targets then there's no need to say more, just liquidate the investments.

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August 18, 2023, 12:13:56 AM
 #209

There are a couple of good altcoins that are worth holding. Besides the market is red now. If you can detect the quality alts now, hold till the bull run then it will be a great year for you. Looking into Cyber and Sei and then Litecoin. The best time to know good coins is usually in the bear market because that's where each of them can determine if they can hold the pressure or not

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August 18, 2023, 02:34:08 AM
 #210

The important thing for welcoming the coming of the bull season is that you already own bitcoins. But you can also try to trade altcoins but be careful because many altcoins are still trying to survive before the bull season comes. That can get you in trouble, especially if you lack the skills to analyze the coin.

We also don't know which altcoins will get the pump and can only guess. And most of us are wrong in guessing the coins because each coin has the same opportunity to increase high. So if you can't analyze well, you shouldn't trade but just buy and hold, especially holding Bitcoin.

yes, indeed we have to be able to analyze when we are interested in trading during a bull market, but indeed we must be careful because trading in a bull market is very risky because we will not know how long the bull market will run. actually trading in the bull market is very exciting because the trading volume is good but in my opinion the risk is very high when compared to trading in a bear market.

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August 18, 2023, 02:36:50 AM
 #211

The important thing for welcoming the coming of the bull season is that you already own bitcoins. But you can also try to trade altcoins but be careful because many altcoins are still trying to survive before the bull season comes. That can get you in trouble, especially if you lack the skills to analyze the coin.

We also don't know which altcoins will get the pump and can only guess. And most of us are wrong in guessing the coins because each coin has the same opportunity to increase high. So if you can't analyze well, you shouldn't trade but just buy and hold, especially holding Bitcoin.

yes, indeed we have to be able to analyze when we are interested in trading during a bull market, but indeed we must be careful because trading in a bull market is very risky because we will not know how long the bull market will run. actually trading in the bull market is very exciting because the trading volume is good but in my opinion the risk is very high when compared to trading in a bear market.
Trading altcoins can be highly profitable, but it also comes with greater risk due to price volatility and the potential for losses. Hodling is generally considered a safer option for those who are risk-averse and prefer a long-term investment strategy.

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August 18, 2023, 05:11:46 AM
 #212

The important thing for welcoming the coming of the bull season is that you already own bitcoins. But you can also try to trade altcoins but be careful because many altcoins are still trying to survive before the bull season comes. That can get you in trouble, especially if you lack the skills to analyze the coin.

We also don't know which altcoins will get the pump and can only guess. And most of us are wrong in guessing the coins because each coin has the same opportunity to increase high. So if you can't analyze well, you shouldn't trade but just buy and hold, especially holding Bitcoin.

yes, indeed we have to be able to analyze when we are interested in trading during a bull market, but indeed we must be careful because trading in a bull market is very risky because we will not know how long the bull market will run. actually trading in the bull market is very exciting because the trading volume is good but in my opinion the risk is very high when compared to trading in a bear market.
Trading altcoins can be highly profitable, but it also comes with greater risk due to price volatility and the potential for losses. Hodling is generally considered a safer option for those who are risk-averse and prefer a long-term investment strategy.
Correct.  however based on my experience long term holding only applies to top 5 coins.  if holding for new coins it is difficult to get profits

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August 18, 2023, 10:06:25 PM
 #213

The important thing for welcoming the coming of the bull season is that you already own bitcoins. But you can also try to trade altcoins but be careful because many altcoins are still trying to survive before the bull season comes. That can get you in trouble, especially if you lack the skills to analyze the coin.

We also don't know which altcoins will get the pump and can only guess. And most of us are wrong in guessing the coins because each coin has the same opportunity to increase high. So if you can't analyze well, you shouldn't trade but just buy and hold, especially holding Bitcoin.

yes, indeed we have to be able to analyze when we are interested in trading during a bull market, but indeed we must be careful because trading in a bull market is very risky because we will not know how long the bull market will run. actually trading in the bull market is very exciting because the trading volume is good but in my opinion the risk is very high when compared to trading in a bear market.
Trading altcoins can be highly profitable, but it also comes with greater risk due to price volatility and the potential for losses. Hodling is generally considered a safer option for those who are risk-averse and prefer a long-term investment strategy.

Hold is for those who understand the potential value in the long run, though there's always timing that's needed, if you are sure that
you are supporting solid assets, holding is good way if investment.

While if you are playing with a pump and dump project riding the train is very risky, you need to know when to buy and when to sell the soonest
that is possible to avoid possible burned of your investment.

Knowing that in these types of volatility, the wrong move will cause you to lose everything.
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August 22, 2023, 01:11:15 PM
 #214

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?

For my altcoins, I'm definitely going to sell a few fractions of it because in that way, I can hold the real profits in my hands for real and not just on the screen saying that I generated profits. Furthermore, I already have a plan for it that's why I'm selling it instead of holding or trading towards any other crypto in the market.

Besides, the only coin I'm holding without touching any of it is bitcoin and that will remain as is until my desired goal is achieved.

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September 17, 2023, 08:49:40 PM
 #215

I have busy schedule in my life, that's why i trade less and i like to invest with altcoins. Cause trading needs concentration and focus, which means i need to invest my time also but i don't have much. But if you are free and you already have trading skill then it is better to utilize it by trading. Better start trading untill you make yourself eligible for it. Till then, only holding is better. All good altcoins will pump while bull run happened. So don't worry. You can make profile without trading too

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September 18, 2023, 10:42:41 AM
 #216


All good altcoins will pump while bull run happened. So don't worry. You can make profile without trading too

I think I prefer this statement more since bull run is already approaching, so to buy good utility coins will be beneficial than to put money into trading that you can never predict the outcome. Hodling of coins this time is a good investment idea, what is needed is to research on high profile coins and DCA on them, certainly profit will be cashed out at the end of 2024 by the time ATH would have been achieved. Don't invest on a coin that is not in a reputable exchange because of the team is serious in their project, they would list in good exchange to start with.
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September 19, 2023, 04:19:14 AM
 #217

I think I prefer this statement more since bull run is already approaching, so to buy good utility coins will be beneficial than to put money into trading that you can never predict the outcome. Hodling of coins this time is a good investment idea, what is needed is to research on high profile coins and DCA on them, certainly profit will be cashed out at the end of 2024 by the time ATH would have been achieved. Don't invest on a coin that is not in a reputable exchange because of the team is serious in their project, they would list in good exchange to start with.
I think what you said is clearly something that is very good to do. Coincidentally,  the price is still being corrected, so it is natural to continue buying coins. Of course, you can do it in installments. The most important thing is that the coins must have the best reputation to date.and you are right that you shouldn't hesitate to analyze first before deciding which coin you want to invest in. If you are too lazy to analyze, simply choosing from the best ranking on CMC will be safer. Also, agree not to invest in coins that are not on the stock exchange because it will be detrimental.In my opinion, the bull run is still far away; maybe next year will coincide with the halving era, and ATH will not occur in that year, but if you look at past experience, it looks like ATH will be in 2025.

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September 19, 2023, 10:49:32 AM
 #218


All good altcoins will pump while bull run happened. So don't worry. You can make profile without trading too

I think I prefer this statement more since bull run is already approaching, so to buy good utility coins will be beneficial than to put money into trading that you can never predict the outcome. Hodling of coins this time is a good investment idea, what is needed is to research on high profile coins and DCA on them, certainly profit will be cashed out at the end of 2024 by the time ATH would have been achieved. Don't invest on a coin that is not in a reputable exchange because of the team is serious in their project, they would list in good exchange to start with.
You need to research and to add a good amount of patience as there are still expected market fall before the bull shows up and
pump the market. There are things that you needed to consider before taking your position.

If you have a good amount of money to spare, portions of your saving that can used to risk while waiting with what the market will bring you.

It's better to buy and hold and wait till the strong bull season start to pump high and give you
decent amount of profits for your investment.
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September 19, 2023, 02:20:31 PM
 #219

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?

Given these facts, I can say that many altcoins now available on the market have the ability to follow Bitcoin's upward price trend when the bull run begins next year. BnB, Ada, Vela, Matic, Arb, Bonk, Shib, Pepe, Aidoge, Doecoin, and others are a few that I can say are fine for me.

If I just had a lot of money, I would buy a lot and hold it until the bull run because, to be completely honest, I am confident that it will also support my observation and opinion.



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September 19, 2023, 09:16:55 PM
 #220

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?

By the golden rule, when Bitcoin goes up so do the altcoins and when altcoins go up, so does the price of Bitcoin. But then again, sometimes these altcoins do not go up as high as Bitcoin. Or somebody sells a large chunk and drives the price down hard so that while the Bitcoiners made a profit, you are left with the same monetary value as you had before.

Altcoins are a shot in the dark. But I suppose if you were to trade them, the best time would be during a bull run, when all markets are in the green. Hodling is always the superior option, though. But that only goes for Bitcoin. I cannot vouch for altcoins since they tend to die out, get dumped, become rugpulls, get hacked or other.

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