Altcoins usually boom after bitcoin appreciates a lot during a bull run period and after BTC stabilizes (after the halving), the flow of capital starts moving towards altcoins, thus starting the altcoin season.
I never had many altcoins and the ones I did have, I held and didn't have significant returns or losses, after all, it was money I was willing to lose.
But in this bull run I intend to do something different, buy altcoins with good fundamentals and that are in an upward trend and hold them until the end of 2025, but to do that, I'll have to do a lot of research and watch some videos.
Topic: Do you trade altcoins during the bull run or just hodl? - page 2. (Read 2133 times)
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?
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?
If market conditions are in a bull run then it's time to sell it and it will give us a profit. because basically we trade because we want to make a profit, so when the goal has been achieved then why should we hold it. Current market conditions are not the right time to buy but the time to sell so that we don't get trapped if market conditions reverse direction.
I Don't think there is anything more profitable now than the hold, cause we are surely expecting the bull run to expect many altcoins and many new ATHs, Ethereum has already began to race towards 3k and who knows what lies ahead in this bull run and I even heard some new projects are doing well.
Tradi g is a very risky practice and both profit and loss are inevitable, if you want to really stay safe then I think think the best practice is buy hold and cashout when it rises if your going for the altcoin.
I'm a bitcoin person I just stick with it and invest all my disposable funds there I see all altcoins as copy of bitcoin and no need to diversify into the same sector instead I grow my bitcoin portfolio untill its very high then I go for some other investment like land and properties, who knows .
Tradi g is a very risky practice and both profit and loss are inevitable, if you want to really stay safe then I think think the best practice is buy hold and cashout when it rises if your going for the altcoin.
I'm a bitcoin person I just stick with it and invest all my disposable funds there I see all altcoins as copy of bitcoin and no need to diversify into the same sector instead I grow my bitcoin portfolio untill its very high then I go for some other investment like land and properties, who knows .
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?
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 Bitcoin there is a targeted amount to which I can start selling to buy more and hold when there is a downline in price but when it comes to altcoin, there is no target amount to which I can sell I only follow the information and the upward price movement to sell. Currently the price of bitcoin is rising likewise ETH and some altcoins so the plan is to sell and buy more to hold once the price of some altcoins crashes again.
The crypto market is going towards a bull run so I think if you have bought any coin or token then you should definitely hold it and when you see the right time you should get out with the profit because during the bull run you might have a lot of money. You will profit and many times many people buy too high and get stuck there so Becarefull
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?
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?
When talking about holding that should be associated with Bitcoin, idea trader trade their altcoin are the significant of any x in Price of altcoin, altcoin doesn't have holding potentials Bitcoin does. So it always advisable to trade altcoin when there is any upward trends in other to maximize opportunity of taking profits because it may dip before getting to the amount you are looking for. The point is try as much as possible to trade altcoin when necessary when there is pump, holding altcoin after seeing a pump might be a wrong approach.
I never agree to trade altcoins during a bull run. Because I don't believe in fifty fifty chances like trading. However, a clear strategy is essential when investing in altcoins, as the market can be volatile and unpredictable. So setting a target price for each currency and sticking to it can help minimize risk and ensure profit maximization. I think altcoins are much better to hold than trade. Already some altcoins like ethereum, bnb, cardano etc.we are seeing pumps in the market. If you invest in such coins, it is better to hold it for the next year.
Trading is not gambling
Flip a coin, Playing Heads or Tails for deciding between two choices
Crypto trading is not always profitable, but it is not necessarily detrimental
Traders need adequate knowledge about TA, fundamental object, have patience and of course experience.
And a professional trader always has a strategy to make a profit whatever the market conditions are, Bull or Bear.
But I'm not here to say that one way is better than another, its your choice
Your money, your rules
Altcoins are most time risky as you said but it may sometimes make you rich if you are lucky. It's not advisable to invest in altcoin but one can gamble through little money to buy some but this money must be a money you can avoid to lose. This can be done after making some necessary research. But remember your research doesn't guarantee you profit on most altcoin.
Among altcoins some meme coins present hyped so they earn novelty of individuals like that of doge coin but unlike doge most of them once pumped but it at no time show the same pumping phase. Trading with altcoins are unsafe but if they go higher then their profit is occasionally higher than that of bitcoin but one have to take the risk with minimum amount so if it escalate then profit will be bigger.
Just hold historical superior coin like that of doge, matic, BONK, Solana and most important altcoin like ethereum. If you search about altcoins then you will find that ethereum is the first priority among all other altcoins so such research can guide you about holding better coin.
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?
Basically, investing in altcoins for bull markets and holding is very risky. Because most of the time we have seen altcoins are scams due to which people are afraid to invest in these coins. But I think there are some good coins that have high volume and potential to go well in the future that can definitely be profitable to invest in. And if all those coins can be held for a long time, then of course it is possible to get a lot of money, but you have to wait until the bull market.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?
Altcoins are most time risky as you said but it may sometimes make you rich if you are lucky. It's not advisable to invest in altcoin but one can gamble through little money to buy some but this money must be a money you can avoid to lose. This can be done after making some necessary research. But remember your research doesn't guarantee you profit on most altcoin.
Yeah in rare occasion it can happen, when the coin that you pick got hype or played by the whales you can take away a huge bunch of profits, the very reason why there are still traders who choose new coin to invest with, thinking that if luck permits them and the coin that they support will pump high it will be a great value for their investment.
Though not many or it's just limited compared with the chance that you'll be scam up and lose everything when the developers decided to runaway with your money.
I see investing in altcoin as another mean of gambling. This is because altcoin doesn't assure you profit no matter long research was made. Altcoin can make you rich today and still turn you to a poor man tomorrow especially when you are greedy. I only invest in altcoin with the money I can avoid to lose.
I never actively trade with multiple short term trades back & forth from crypto to fiat & vice versa. My plan has always been long term hodling & then sell years later when I am in large profit. Obviously there are so many wwys to make profit in crypto, work out what is successful for you & then stick to it. I don’t think I’d be a very good day trader.
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?
Basically, investing in altcoins for bull markets and holding is very risky. Because most of the time we have seen altcoins are scams due to which people are afraid to invest in these coins. But I think there are some good coins that have high volume and potential to go well in the future that can definitely be profitable to invest in. And if all those coins can be held for a long time, then of course it is possible to get a lot of money, but you have to wait until the bull market.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 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?
Basically, investing in altcoins for bull markets and holding is very risky. Because most of the time we have seen altcoins are scams due to which people are afraid to invest in these coins. But I think there are some good coins that have high volume and potential to go well in the future that can definitely be profitable to invest in. And if all those coins can be held for a long time, then of course it is possible to get a lot of money, but you have to wait until the bull market.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?
Altcoins are most time risky as you said but it may sometimes make you rich if you are lucky. It's not advisable to invest in altcoin but one can gamble through little money to buy some but this money must be a money you can avoid to lose. This can be done after making some necessary research. But remember your research doesn't guarantee you profit on most altcoin.
Yeah in rare occasion it can happen, when the coin that you pick got hype or played by the whales you can take away a huge bunch of profits, the very reason why there are still traders who choose new coin to invest with, thinking that if luck permits them and the coin that they support will pump high it will be a great value for their investment.
Though not many or it's just limited compared with the chance that you'll be scam up and lose everything when the developers decided to runaway with your money.
I never agree to trade altcoins during a bull run. Because I don't believe in fifty fifty chances like trading. However, a clear strategy is essential when investing in altcoins, as the market can be volatile and unpredictable. So setting a target price for each currency and sticking to it can help minimize risk and ensure profit maximization. I think altcoins are much better to hold than trade. Already some altcoins like ethereum, bnb, cardano etc.we are seeing pumps in the market. If you invest in such coins, it is better to hold it for the next year.
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?
Basically, investing in altcoins for bull markets and holding is very risky. Because most of the time we have seen altcoins are scams due to which people are afraid to invest in these coins. But I think there are some good coins that have high volume and potential to go well in the future that can definitely be profitable to invest in. And if all those coins can be held for a long time, then of course it is possible to get a lot of money, but you have to wait until the bull market.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?
Altcoins are most time risky as you said but it may sometimes make you rich if you are lucky. It's not advisable to invest in altcoin but one can gamble through little money to buy some but this money must be a money you can avoid to lose. This can be done after making some necessary research. But remember your research doesn't guarantee you profit on most altcoin.
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?
Basically, investing in altcoins for bull markets and holding is very risky. Because most of the time we have seen altcoins are scams due to which people are afraid to invest in these coins. But I think there are some good coins that have high volume and potential to go well in the future that can definitely be profitable to invest in. And if all those coins can be held for a long time, then of course it is possible to get a lot of money, but you have to wait until the bull market.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?
therefore honestly if someone is conscious enough scams and rugpull shouldn't be a concern so long they are investing in the right coin, what should be a concern is that around bullrun, usually a coin is already rising so high that i think sometime its not worth investing anymore due to the fact that the coin might have easier time dumping than pumping even though the market trend is bullrun.
if we can get some new altcoin at initial presale or even retroactive that'd be awesome but we all know how difficult that is, so the only way to trade during the bullrun is seeking coin that hasn't been increasing yet and thats gonna be rare.
Trading requires skill trading is easy if you have good experience.
I won't call trading an easy thing even if I'm an experienced trader. Even the best traders are still struggling to maintain their positions in the market that's why it is no chill. While there can be moments that they're chill and thrilled regardless of that, it's still not an easy thing to do.You can buy and hold any cryptocurrency of your choice like bitcoin ethereum etc. This is the advantage of holding which you can easily profit by selling again when the price rises.
This is what easy is, holding. The best strategy whether you hold bitcoin or altcoins, if you're going to hold it then it's so much better. 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?
Basically, investing in altcoins for bull markets and holding is very risky. Because most of the time we have seen altcoins are scams due to which people are afraid to invest in these coins. But I think there are some good coins that have high volume and potential to go well in the future that can definitely be profitable to invest in. And if all those coins can be held for a long time, then of course it is possible to get a lot of money, but you have to wait until the bull market.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?
Yes, very risky as we don't know what the market could be in the next few months or years of holding, there are many factors that may affect your investment, including your own knowledge about the project. If you do believe that it will rise and succeed, then it's a good call to hold, always have that time to research and carefully assess whether the project is good for long term investment or if the project is just for short term like meme which most of the time being played by pumpers and whales.
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?
Basically, investing in altcoins for bull markets and holding is very risky. Because most of the time we have seen altcoins are scams due to which people are afraid to invest in these coins. But I think there are some good coins that have high volume and potential to go well in the future that can definitely be profitable to invest in. And if all those coins can be held for a long time, then of course it is possible to get a lot of money, but you have to wait until the bull market. 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?
Trading requires skill trading is easy if you have good experience. A bull run would be good to both trade and hold if the altcoin market is in a good position. Before trading one must acquire adequate understanding of trading strategy and proper risk management. Even if you are not good at trading there is no problem. You can buy and hold any cryptocurrency of your choice like bitcoin ethereum etc. This is the advantage of holding which you can easily profit by selling again when the price rises.
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?
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 consider myself as an investor so I don't trade on bull but that doesn't mean that I wont be selling before a x point.
I have a number of exit points for my invested coins and I focus on getting a profit on every 20% increase in sell.
What I don't do is buying. I did that mistake in the past and won't be repeating it.
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