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Topic: 6 bull run strategies - page 2. (Read 235 times)

copper member
Activity: 1470
Merit: 1609
Bitcoin Bottom was at $15.4k
October 01, 2023, 10:39:34 AM
#2
These are not bull run-only strategies, these are basic principle ideas that you follow when dealing with Crypto in any season. Taking profit is the most challenging thing to do as you never know if the asset you are invested in will finally stop going up in price. Greed surely comes up when you are seen making easy money by just HODLing and you also tend to invest more when you get some great profits in the end.

"Don't give up", okay bud. Great Bull Run Strategy.
member
Activity: 96
Merit: 13
October 01, 2023, 09:32:13 AM
#1
_ Even though am a big fan of Bitcoin, it wouldn't make you filthy rich, unless you have a large capital, the real money is in the Alt where the high risk are, just pick the right one.

_ Be patient because that is the key.

_ Control your risk; people mostly waste their money gambling on trades that gives only 1:1 reward ratio without remember  every $1 you waste could be $100 during the bull run or a year time.

_ Learn to sell: you need to learn to cut your loss, even though you are -70% , the left over 30% is reinvested than slowly grinding down to -99% because you are too stubborn to admit you are wrong.

_Dont give up: in crypto you will make bad investment, sometimes you will just be unlucky, just do not give up.

_ Take profit: if you don't take profit how can you be profitable? Don't be greedy, just take profit.
 
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