Topic: Do you trade altcoins during the bull run or just hodl? - page 4. (Read 2133 times)
I like to accumulate altcoins and hold them for some time. Here I take meme coins off my list. Altcoins will usually rise as the price of Bitcoin rises. But the problem is that altcoins are not a good option for the long term. I usually buy altcoins in the past two months and I will hold them until next year because I believe the BTC halving will affect the increase in altcoin prices too.
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?
Now the bullrun has come and I think many have accumulated altcoins until now. I personally have done it too. But I also trade some of it anyway. And I will hold the other part until the peak of the bullrun later.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?
But when the bullrun started it turned out that trading became easier. Because whatever coins we buy they will go up. And if there is a correction, we just need to wait for it to rise again. In contrast to trading in a bearish market which is more difficult. Because we must not be late in selling so that when a downturn occurs we have secured capital.
I’ve seen a similar post where the OP speaks about trading in comparison to just hodl-ing and what I can say is that trading isn’t as simple as when you hodl. For you to trade, you need to have learnt it somewhere as it isn’t just common sense. You’ll have to learn types of charts, candles and stuff. So, if you want to trade, you need to go through the training process first. If you can’t learn it then simply stick to the hodl gang or you’ll most likely (95%) lose your funds.
can't agree more with this truth, hodl is that easy to make profit, buy at the very low after bearish if possible then just wait it out we're set already meanwhile trading we need to make thorough analysis everytime market move, definitely suitable career for those that have so much time to make analysis everytime and i most definitely not really like to do all those complicated thing to have some peanut margin.we all see how well those hodler that bought at the previous bullrun market are right now gaining more likely 2 or 3 times of their initial invested money and thats only at the start of bullrun when market are just recovering, if its some massive rally like back then again then they'd easily get more than 10 times the profit meanwhile the traders are still getting profit from margin, trades if you're so sure you're good at analysis.
I only trade bitcoin every week, and occasionally ethreum to pay gas fees for airdrops I participate in outside the forum, for hodl I hold a small bonk of about 500,000 coins and lunc 28000 coins this week. I only left the crypto profit that I made from my trading with several instruments. Maybe this is an addition to my portfolio in 2023, when entering 2024 and entering the halving period I hope for more and consistent bisahodl, because trading for me is not all the time and only in my spare time or when conditions are right for daily buying and selling, of course more stable and good history. Maybe the conditions are mixed up, I mean bitcoin and eth should be long-term, but I like my activities. My principle is happy to collect crypto, but if it is profitable enough, sell it and allocate it to other coin analysis even though it has been holding it for some time.
I’ve seen a similar post where the OP speaks about trading in comparison to just hodl-ing and what I can say is that trading isn’t as simple as when you hodl. For you to trade, you need to have learnt it somewhere as it isn’t just common sense. You’ll have to learn types of charts, candles and stuff. So, if you want to trade, you need to go through the training process first. If you can’t learn it then simply stick to the hodl gang or you’ll most likely (95%) lose your funds.
In my opinion, this is the best time to clean out your portfolio and buy something new. Besides, if you have waited for a good price, then why not sell your alts? After the bull season, you can buy something new for the next race and there will be free funds for this.
In a bull market altcoins were pumped based on the trend. When a trend emerges all the projects in those categories start pumping. This led to most retail investors starting to chase the trend and move their money from project to project to catch up with the trend and make money. Holding is a good option if you have already accumulated altcoin when there was a bear market The least expected move should be holding the token and waiting for the pump.
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?
Holding. I feel safer when I have to hold onto my funds during a bull run. The bull run is the most anticipated moment, and I can't risk too much by making trading decisions when the market is clearly on an upward trajectory.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 prefer using the limit sell method, even though it doesn't fetch me the peak price for selling, but at least my average selling price is higher.
It's only when the prices start showing signs of rejection, indicating a potentially severe bearish market, that it becomes the best time to stock up on some altcoins and wait for the next bull run phase.
Man just take some profit, roll some token into the next one, just play the musical chair game, and don't stuck on your coin maybe never got a pump.
I agree with you, because when we get a big profits from altcoin that we invest, so it's better if we take profit and leave a minimum of 10%-15% to hold for the long term, then my advice is from the profit we get, so it's better 15%-20% of the profit that we get to buy Bitcoin and hold it for the long term, because I believe the price of Bitcoin will definitely continue to increase, so if you invest in Bitcoin and hold, then in the future you will definitely get a big profits from investing in Bitcoin, so you don't will regret to hold Bitcoin for the long term.
Man just take some profit, roll some token into the next one, just play the musical chair game, and don't stuck on your coin maybe never got a pump.
I agree with you, because when we get a big profits from altcoin that we invest, so it's better if we take profit and leave a minimum of 10%-15% to hold for the long term, then my advice is from the profit we get, so it's better 15%-20% of the profit that we get to buy Bitcoin and hold it for the long term, because I believe the price of Bitcoin will definitely continue to increase, so if you invest in Bitcoin and hold, then in the future you will definitely get a big profits from investing in Bitcoin, so you don't will regret to hold Bitcoin for the long term.
For me, I use Bitget smart portfolio to pair some altcoins with Bitcoin and some Altcoins with eth to automatically take profit from them when they pump. This is because I see BTC and ETH as the safest.
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?
In the previous bullrun, I sometimes traded, but not day-trades. only trading in the short term, some altcoins generally have quite predictable rising cycles. But of course in small amounts because I am not a professional trader.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?
But what is certain is that my plans for the future don't look like they will be thought too much about. Because my main target is that I focus on the coins that I own and set several price targets. So I won't be too greedy to get a fantastic price. Yes, just be realistic, instead of being late in taking profits and regretting it like I did when I was bullish before. However, it is possible that if you have free time, you can carry out short term trading safely at your own risk.
From my point of you holding the altcoins is the best option now. At the moment market seems exhausted and under pressure. But this is not true for all the altcoins. Thinking selling now and again buying on deeps, may trap us and leave us with the profit booked. The best way would be to accumulate if the price goes down or sell with more gains next year and that would be the best situation.
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?
Next year the bull market will come, or crypto winter will continue? I don't know.
I always trade Altcoins, whatever the market conditions, but I try to fill my bag with Good altcoins during Bear and Hodl.
And if the Next year, the Alt season happens. I will sell all my Altcoins.
The bull market is the time to sell, and the Bear market is the time to buy. As simple as that
The best strategy is to buy some coins now and wait until the next bullrun. Sell when your target price hits. And in the bull market it is difficult to sell coins once and buy them again at a lower price. So think about what you do. If you hold coins during Bullrun, when will you sell?
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.
I will also do the same as you. I also quite believe that altcoin prices will follow the trend of bitcoin prices, and I am optimistic that bitcoin prices will rise. So, I'm probably going to try to buy as many altcoins as I can and hold them until the bull run happens, and I'm pretty sure that a bull run will happen in the near future.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.
If you are done doing your research and believe that your assessment will happen, better to keep buying and holding while the price is still low. It will going to give you decent profits when the time comes for the bull to pump the market. It is always depending on how you anticipate and analyze the market. It's your money and all the decisions should be done with prior study and understanding of how the business works to avoid making mistakes and lose your investment.
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.
I will also do the same as you. I also quite believe that altcoin prices will follow the trend of bitcoin prices, and I am optimistic that bitcoin prices will rise. So, I'm probably going to try to buy as many altcoins as I can and hold them until the bull run happens, and I'm pretty sure that a bull run will happen in the near future.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.
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.
I will also do the same as you. I also quite believe that altcoin prices will follow the trend of bitcoin prices, and I am optimistic that bitcoin prices will rise. So, I'm probably going to try to buy as many altcoins as I can and hold them until the bull run happens, and I'm pretty sure that a bull run will happen in the near future. 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.
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?
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.
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?
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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