Topic: Crafting a safer strategy for growing your crypto portfolio: (Read 172 times)

I used to get caught up in the hype of quick gains too, but seeing the recent market crash highlighted the importance of patience and strategic investing.

The idea of launchpools and launchpads is interesting! I haven't personally explored them yet, but what you said about the exchange tokens surging before these events makes a lot of sense. Double rewards sound appealing.

Also, I'm curious if there are any potential downsides to these launchpool/launchpad products that we should be aware of?

Well, if there is such a large number of liquidated positions, then there are those who were more fortunate and opened short positions before the dumps of the cryptocurrency market. And do not forget that you can open a short position only if you use margin trading.

True, I've been able to learn a lot on this forum and improve myself, based on what I figured out from what OP said. Both launchpools and PoolX can be participated in with USDT and the exchange token. So it's a dual-entry model, which I think is flexible enough. Yeah, timing is crucial, but with the two products stated above, I believe there are no risks involved at the end of the lock-up or mining period; your initial stake is returned to you.

This is one of the mistakes that I've made for so long and that's because I always take full cash out when I'm done trading and don't keep stable coins reserved for potential buys. Although I do a lot of buybacks but it's a hassle for me because I have to deposit another full amount that I am about to invest when the dip comes. And that also came from the profit that I've come that becomes an excess because I have not decided on where I should spend that.

This is one of the good things that this forum can bring to us because we can discover new stuffs here from time to time even though some of us are not new in the crypto space anymore. Token offerings have evolved over time. It's great as it allows us to have more option as some of them are not good anymore.

This one here would be the latest addition to the existing ones. Maybe for now it only works on the exchange tokens but we will wait for more token support. Timing is important in everything that we do, more here in crypto because there is a up and down of price which is cause by a lot of factors. Researching will make us aware of them and it can help us to perform better.

I can't understand why people are focusing in "altcoins" and built related portfolio when it's really hard achieve a profit in the long term! Even if you can spread the risks between several coins this will not minimize any risk.
I think this is more gambling then any other real activity.

I will try to focus more in other activities, probably you can just focusw in a couple of altcoins and not need to find many many more.

Crypto can be risky I guess that's why the term DYOR was coined. I think the strategies he mentioned are less riskier to futures trading. Let's take for example PoolX

✅ You stake the required token and earn the coin you're mining hourly, when the duration time elapsed you get your initial stake token and your mined token. That's sure not risky to me ☺️

Taking advantage of the hype that always appears on tokens or coins owned by exchanges can indeed bring more profits. In fact, not only in the spots market but also in the futures market. A common example is right after Binance announces Launchpool or something like that. So it is always accompanied by an increase in the BNB coin. And we always take advantage of this, both in the spot market and in the futures market. Unless the market is not allowing it, such as when there is a major correction which is expected to continue. then the hype generated by launchpool may not appear optimally. But as long as it is on the spot, there is still not a big risk. The most important thing is to avoid the futures market when market volatility becomes greater due to major issues that occur which always have a big influence on the market.

I have explored these opportunities more than once and thanks for bringing this to everyone's notice I have tried this with Binance wherein I got returns of more than 10% on BNB which was just staked and this is higher with other exchanges like Bitget as they create artificial demand for participating this pushing the value upwards. But just ensure you have enough funds to get benefitted by this and it's true it works most of the time.

Not really.

But based on my own observation, it's more profitable to just HODL it and wait for better prices to come. Being active trader is a good one when you want to increase the size of your portfolio.

I am not saying that I've got a huge size of Bitcoin that I am holding but I am very much satisfy and I want to add more. As a passive holder, you'd see that there's greater gains with holding rather than being active trying to beat the market and other traders.

I have experienced taking the opportunity of buying in a token sale, I admit that the early adopters certainly gain a huge amount of profit especially those who participated as angel investors and initial private sales since the token price is way cheaper than the initial public sales of the token.

If one wants to reap a higher profit, one must be keen on the crypto project launch since the earlier they get into the initial sales the greater the opportunity to get a bigger profit.


True that, if @OP is suggesting that staking on centralized exchanges is almost a risk-free method, then I think he is mistaken.  You had given a significant reason why it is relatively dangerous to stake in centralized exchanges.

First, with regard to trading, I always stay away from future trading because it involves great risks. The liquidation that occurred yesterday on positions was a clear message confirming the high risks that we have been warning about. There are some investors who lost millions as I saw on the X platform.

As for CEX products such as Launchpools, Launchpads, or PoolX, I know that they provide great opportunities, but unfortunately they require KYC Level 2 verification, I think, and this is something I cannot do, so I previously tried to subscribe to these products and failed.

Launchpool and Launchpad provide higher APY by staking a stable asset rather the DeFi since there’s a lot of demand for that new token. New project usually choose this path to get funding instead entering the IDO process since this way the price growth will organic because it will came from interested buyers that want to let in on the hype.

But there’s always a danger on joining a pool like this because you are entrusting your funds on CEX while their business can be shutdown when shit happened just like the FTX scenario.

This is the way of CEX to hold the funds of their users in exchange for an airdrop tokens.

This is a good strategy. Ive been diversifying and rebalancing my portfolio in preparation for the upcoming altcoin season while holding BTC. Its made about 136% in profits so far and I expect it to keep growing from here.

Good for you OP you found this strategy that works for you.
I am amazed of these things because it's really new for me, it's something new way for token offerings, which can drive up demand for the exchange token as users buy into participate.
This kind of strategy does require careful timing also research because not all crypto involved here are good, especially the tokenomics, you must consider it also.
It's really essential to be aware of the risks, as not all launch events lead to profitable outcomes, and the price of tokens can be quite volatile.

I agree with the above post most of what I see on any tokens when listed you can see it spike at first and then suddenly drop due to many people selling what they earn from airdrops to take advantage while the price is high because they know most of the tokens drop in price after listing.

If you trade recently in futures and lost then you made a mistake there's no instant profit in futures you need not only technical analysis but also fundamental analysis and risk management.
If you don't have them you won't be able to make a good portfolio in the future I'm not saying I'm a pro I am just sharing what I experienced in future trading and what I can say risk management is very important TA is 2nd and 3rd is FA.
The decision-making always depends on your analysis it should give you a hint while monitoring the market always practice with paper money before you enter to the real market.

My guess is that maybe you trade on a 1-minute time frame and you think you can make quick bucks that's a gamble you can't react fast on a very fast price action I also did that I thought I could make quick money in the future trading with 1-minute trading because we saw many YouTubers that they can make a big money on slight fluctuate but I realize it's too risky I lose many times in 1-minute time frame and got frustrated because I thought that I can't make a profit in futures. I'm still not perfect on TA but every day I practice and try what I learn into real future trading with some strategies that I gather from live trading and research.
Now I'm happy with the result because it works not all guides work but it some works. I will keep practicing trading and always learn from my mistakes.

I've never partaken in such events but I have seen people gaining great exposure to profits when participating in launchpad events whenever there is an announcement about a new token listing or launching because the tokens that you get for staking your assets can be sold at high prices when the token gets listed finally as we can often see how a coin or token pumps when it's listed for everyone to trade and one can sell their coins at that time to get great returns.

Futures trading is a good way to increase your capital but it isn't for everyone in my opinion. Only those who are seasoned traders and experts in the market can benefit greatly from futures trading because they know how they can manage the risks associated with it and make successful trades, others would lose what they already have in it.

Recent market volatility has led to significant liquidations and financial losses for many traders. While futures trading promises rapid portfolio growth, it often comes with substantial risks, requiring both courage and trust in technical analysis (TA). However, futures trading hasn't been my forte despite my attempts.

Building a robust crypto portfolio doesn't have to entail high-risk ventures like futures trading. It took me some time to realize that there are alternative, almost risk-free methods to build a solid portfolio. Yet, the allure of quick gains in crypto often overshadows the patience required for these approaches.

Regardless of whether you're trading futures or spot, the market's unpredictability can lead to substantial losses, as evidenced by the recent downturn affecting BTC and most altcoins. Many traders were caught off guard, lacking sufficient USDT reserves for dollar-cost averaging (DCA) during price recoveries.

However, there's a silver lining. For those seeking to maximize profits while minimizing risks, products like launchpools, launchpads, or PoolX offer promising opportunities. Available on various top centralized exchanges (CEX), these products involve staking assets such as USDT, BGB, BNB, or OKB, depending on the exchange.

One thing I have realized is immediately an exchange announces either a launchpool or launchpad, the exchange token continues to surges because many users want to buy and participate to earn free token. So after the event, you get double rewards, you can decide to sell your newly acquired tokens and also sell the exchange token at a higher price. This process has helped me build a great bag. The ENA launchpool event that just ended on Bitget is a testament that participating in this kind of events are greatly rewarding.

Have you explored such opportunities before? Feel free to share your experiences.