savetheFORUM
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June 22, 2023, 05:38:03 PM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
Well, you can't really have a specific selling target for the coins and tokens that you hold in a bull run because you never know when is the peak and it's going to stop there and will come down from there, just like what happened in the previous bull run, a lot of people bought Bitcoin at $69k expecting it to go up even more but what happened was devastating for them, it dipped and the rest is history. So the best practice is probably to take profit from all the assets that you are holding when you see the market getting a bit stable during the bull run, if you are satisfied with the profits at that moment, it's better to just sell them or at least most of them and hold only a portion from each so that if the price goes further up, you can get more profits and if it doesn't, you can sell the remaining later on.
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|MINER|
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June 22, 2023, 06:12:25 PM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now. Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times? Any advice on how to prepare when it comes to being ready to take profit?
If you care about security then I will tell you to invest in Bitcoin because Bitcoin is the most secure place for long term investment. Even then if you want to invest in alt-coin then I will tell you to invest in bnb, ethereum, polygon(matic), lite coin etc first. Because among the secure coins after Bitcoin. Because I think they are one of the most secure coins after I will tell you not to invest at once, because if you invest to get quick profit like this, the risk will be high and many times you can get hacked.
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umbara ardian
Sr. Member
Offline
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
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June 22, 2023, 06:43:29 PM |
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Well, this will be interesting to see. A promising and vibrant market with gem coins that can skyrocket at any moment and explode the market like the way dogecoins and trending memes did in 2021. What excites me now is thinking about which coin will lead the market and create a new trend to attract cash flow, as well as change the atmosphere of panic after Binance's FUD. That will be the impetus for other low-volume altcoins that still have work to do in order to create a new cycle in this bull season.
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eaLiTy
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June 22, 2023, 09:55:15 PM |
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Very fast! if the bullrun comes Altcoin will experience bullish and always increase in every correction, so if you lose the moment to buy Altcoin like at a bearish time like now then it will be a regret, because altcoin has fallen more than -90% from its peak and now the price very cheap, buy and hold is a good way.
The sentiment is same, always purchase the coins during the bear market but the most important thing is that, when you invest in alts make sure you select the coins that are technically sound rather than investing in any shitcoin created for pump and dump. In the mean time you can invest in hyped projects checking their team members and promoters just to ride the rally which will bring the most profit.
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Huppercase
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June 22, 2023, 10:00:10 PM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
It will hurt you if market doesn't go the way you want, it's better you lower your expectations and toe whatever comes after that. However, you should be prepared for what's coming, and get ready for any dump that happen after that, just have thought of small loss and some profits to avoid disappointment. Though, what you gain depends on what type of coin you have,I expect you to do your own research and buy any coin of your choice and hold, if you are lucky to buy traders favorite, you will make money like you have never seen before.
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MiF
Sr. Member
Offline
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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June 22, 2023, 11:13:30 PM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
I think it depends on the altcoins, because there are altcoins that didn't pump during bull season,most of them are altcoins that being left behind by thier developer during bear season and turn into a shit coin,i have a lot of them in my wallet until now no value and no update no development at all,so the best strategy i think is to buy altcoins like bnb,eth,matic,ftm,etc.,this coins are proven and tested it will always follow btc bull trend there is a lot more on CMC search them all and select whats best for you.
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JamesDaniel90 (OP)
Member
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Activity: 826
Merit: 30
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June 23, 2023, 10:57:37 AM |
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One altcoin I bought 2 weeks ago is currently up 85% - how do you resist the urge to sell too soon? I am thinking of taking out half my investment when it reaches 120% but I'm also telling myself not to sell too soon
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bluebit25
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June 23, 2023, 11:26:16 AM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
I think when the bitcoin movement is really strong and we will see many indicators from the market as well as regular positive news, I have a small experience of profit taking that I realize After each bull cycle comes when the people around you who have never really cared about finance and crypto have started to learn and invest in it, that's when you need to have a plan. profit taking plan. Each bull period new trends will appear and they will be spread by many groups, social networks, and offers of opportunities will appear continuously. When that time comes, it is best to keep a sober mind to avoid letting greed pull you, and also to be satisfied with the results you can get, do not think that you will regret the opportunities that can sell for a higher price.
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redwine49
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June 23, 2023, 11:27:00 AM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
You just make a guess that bitcoin will go up next year. the truth is we don't know when it will come. maybe this year bitcoin will pass ATH
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FrozenBit
Full Member
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Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
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June 23, 2023, 01:07:08 PM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
IMO, to get ready to take profits when altcoins pump fast, investors should set a take profit and a stop loss price before investing. Fast-pump altcoins often occur during spikes in the cryptocurrency market, when investors pour money into new and potential projects, or when there is positive news about that project. Some altcoins can increase in price dozens or hundreds of times in a short time. During ATH, the price of fast-pumping altcoins can go up very quickly and very high. However, this means that prices can fall deeply and quickly in a short time if there is a change in the market. And more importantly, always think about the goal that you initially set with the profit earned, I see a lot of people have complained that because if they quit, if they keep them, they will become millionaires , the Such an unsatisfactory investment only shows that the research is not thorough and depends too much on the luck factor.
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SaveOurSea
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June 23, 2023, 01:14:02 PM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
You just make a guess that bitcoin will go up next year. the truth is we don't know when it will come. maybe this year bitcoin will pass ATH Basically everyone has the right to predict as long as there is a clear basis because otherwise I think it's just speculation, crypto market movements are very volatile so we never know for sure what it will be like, let's hope that it will and let's see.
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TastyChillySauce00
Legendary
Offline
Activity: 3164
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
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June 23, 2023, 04:59:17 PM |
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BTC will be mooning first along with all of top coins in the market. When bitcoin will be stabilizing its price and so many bitcoin investors will be sticking to the another coins in the market. That means if the price will be massively pumped from the bottom.
Altcoins will be following it as soon as possible after bitcoin has done with its pump
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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asawale
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Activity: 136
Merit: 11
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June 24, 2023, 02:30:17 AM |
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Looking at the price history of many altcoins compared to Bitcoin during bull run, the price of altcoins are capable of increasing into multiple folds of itself. Altcoins are the ones that we have seen to have done ranging from 100x to 10,000x of its launched price within just a year of launch. Bitcoin hasn't been able to do even 10x in just a year in its price history but as we have seen in altcoins.
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libert19
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June 24, 2023, 03:56:25 AM |
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One altcoin I bought 2 weeks ago is currently up 85% - how do you resist the urge to sell too soon? I am thinking of taking out half my investment when it reaches 120% but I'm also telling myself not to sell too soon Honestly I'd take part of investment already at this stage. You know in 'selling too soon' I kept holding alt bags until they went to zero
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evichi
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June 24, 2023, 04:36:38 AM |
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Yes you rightly made a point. The altcoin you are holding in preparation for the bull run is very important. IMO, I will recommend holding tight to some notable and reputable altcoins like Etherum, and the likes. On the new projects, I suggest caring out detailed research before holding on any of them. While Bitcoin will influnce most of the altcoins, I think it is difficult to determine how fast the altcoins will pump. It all depends on numerous factors - ranging from utility, community followership, etc. I think, the upcoming bull run may spring up surprises in the crypto space. The meme coins inclusive.
I think we should ask ourselves the following questions in preparation for the bull run: I am I holding the best reputable altcoins based on my research? Have I researched on the new altcoins I am holding? When do I sell to maximize profit during the bull market (best ATH)? Have I made the mistake of holding altcoins that I cannot afford to loose? Did I put all my eggs in one basket?
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ARTEMIS ∞ https://artemiscoin.co (https://artemiscoin.co) ♦ SECURE PLATFORM FOR GLOBAL TRADE ♦
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MingMining
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Activity: 202
Merit: 10
Eloncoin.org - Mars, here we come!
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June 24, 2023, 04:50:31 AM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
If you have been in the market consistently for the past one year and patiently held your coins, it will give you huge returns during next bull seasons. All Altcoin prices are down a lot at the moment.When the bull season starts, you will see the prices of all these altcoins going up. When capital comes into altcoin, you will see altcoin prices run away.I think strategy should be made in advance to get profit. Check all-time highs for all altcoins you own.I think the coin you have ,in next season may break their previous all time high.At this place you can prepare to sell your coins with a good profit.It also depends on your choice if you have bought the best and top level coins available in the market.
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Godday
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June 24, 2023, 07:05:33 AM |
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Any advice on how to prepare when it comes to being ready to take profit?
Simple. Sell some to cover your initial investment. Then sell the rest bit by bit to make a profit. I've already had a bull run in 2021 and I did it that way. At least your first investment will not lose. And make an investment with the profit you have got.
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Halime Anatolia
Member
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Activity: 163
Merit: 13
Where Digital Assets Meet Real Life Value
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June 24, 2023, 07:32:10 AM |
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
Preparation is to hold all the assets that you bought earlier at the lowest market correction price last, to increase the number of assets if you want, you can take at least 30% of the total coins/tokens that you previously held for your short-term trade. If you have a very urgent need and there is no other choice. you can sell everything now without having to hold back at all.
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cryptoaddictchie
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Merit: 1376
Fully Regulated Crypto Casino
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June 24, 2023, 08:55:54 AM |
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Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Last bull run literally buy any coin then even 3days or a weke you already earn massive 50% and more gains even not using technical during that time is really possible. Im not sure how the narrative works for this but thats happen in a jiffy. Even the ido tokens from sale to initial listing will do a 10x or more profits right away.
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Smitty Werben Man Jensen
Full Member
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Activity: 1568
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COMBONetwork
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June 24, 2023, 09:30:46 AM |
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Any advice on how to prepare when it comes to being ready to take profit?
Simple. Sell some to cover your initial investment. Then sell the rest bit by bit to make a profit. I've already had a bull run in 2021 and I did it that way. At least your first investment will not lose. And make an investment with the profit you have got. That's a good strategy but it's only for people who have sold their crypto currency assets in 2021, because 2021 altcoins are really flying crazy, and people who are lucky to be able to sell them in that year of course in this year the profits have also been very much, especially if he buys and holds in 2023 then the profit in the next bullish year can be 2x or even 100x.
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