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Topic: Do you trade or hold in the bull run? - page 2. (Read 197 times)

member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
November 19, 2024, 07:56:34 AM
#4
What everyone here is looking at in the altcoins is profit maximisation, so what should have been done is take profit and if you prefer to reinvest then you do that. the volatility IMO is to be profitable.

Perhaps you lost the opportunity but you could still do it again once there is a greenish move in the altcoin market.
copper member
Activity: 196
Merit: 6
November 19, 2024, 07:22:00 AM
#3
Happy for your green PNL, next time just don't think about what "could" be done, think about what "can" be done to see your portfolio in a better shape.
I think you will have lots of opportunities for it during this cycle. Good luck!
copper member
Activity: 280
Merit: 5
November 19, 2024, 07:20:24 AM
#2
I prefer to buy before everyone is bullish and wait for the opportunity to strike. Mainly - BTC with some alts alongside it.
This time it was Trump who pushed the cogs forward, next time it may be something different - the result would be the same.
So, it's just about the analysis and patience put into place regarding the holding.
About trading - I tried to flip a meme or two recently, but it didn't end up well, albeit I tried it only with $10 or so. 
member
Activity: 854
Merit: 30
November 19, 2024, 07:10:57 AM
#1
I have been in crypto a few years and up till now I have just bought and held but have noticed in the last week or so now that the bull run is here and the overall feeling seems to be a lot better that a few of my altcoins have gone up anywhere from 50% to 250% in a matter of days.

Not only have they increased a lot in a short time, but they have also come back down around 50% after making such moves so wondering should we be trading right now to make the most of the volatility?

As an example I hold an altcoin that went from £0.006 to £0.02 in just 3 days last week which is a 235% increase. It is now back down to £0.012 so I'm thinking i could have sold around £0.02 and bought back in around £0.012 to increase my holding.

What does everywhere prefer to do in bull run, trade or just hold and wait for peak months of bull run to sell?

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