Do you trade or hold in the bull run?

CK485

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Quote from: Dr.Bitcoin_Strange on November 20, 2024, 05:24:55 AM

Do what works for you, I don't only hold but I also trade, which does not affect my holding in any way. One thing about trading is that, even during the bull and bear market, you will still make profit from the repetition of price changes. Holding is quite easy compare to trading, if you can do both, then you will still make your profit from both sides.

indeed, that is a strategy that needs to be applied when a bull run occurs, it is an option when something like that happens, because the market plays a relatively short price and needs to pay attention to all of that, in getting the expected by assessing potential coins, and in trade of course it cannot be separated from holding it and that is a strategy that must be done.

Dr.Bitcoin_Strange

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Do what works for you, I don't only hold but I also trade, which does not affect my holding in any way. One thing about trading is that, even during the bull and bear market, you will still make profit from the repetition of price changes. Holding is quite easy compare to trading, if you can do both, then you will still make your profit from both sides.

itorai

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Quote from: DeathAngel on November 19, 2024, 09:27:52 AM

The best & safest method of making money in crypto is to buy with everything you can during bear markets & sell when we are in peak bull markets. Even better, if you’re aboe to is buy during a bear market & hold for many years before selling to maximise gains. Actively day trading can be profitable but comes with a lot more risk.

Yes, I also agree with you about buying when the price drops, it can be the best opportunity to make a purchase because the number of purchases exceeds the existing offer, in investing in crypto this kind of thing is used as an opportunity, even though waiting quite a long time when selling it again, it is something that needs to be for the purpose of profit in trading.

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Quote from: JamesDaniel90 on November 19, 2024, 07:10:57 AM

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?

I always hodl my bags.

X-ray

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depends on your conviction if you think the price can just go up why not hold, especially looking from the stat we aren't even in the alt season with such low alt season index

there's always possibility that things could go wrong and that this data could absolutely mean nothing but BTC dom has been climbing up for so long at some point it will go down and alt will go up.
just don't know where will that happen or if that even gonna happen.

at time like this i'm more on the holding side because I can't afford to miss out alt season.

Z_MBFM

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Quote from: DeathAngel on November 19, 2024, 09:27:52 AM

The best & safest method of making money in crypto is to buy with everything you can during bear markets & sell when we are in peak bull markets. Even better, if you’re aboe to is buy during a bear market & hold for many years before selling to maximise gains. Actively day trading can be profitable but comes with a lot more risk.

Right , Bear will come after bull it is normal and we know it. So why we will take high risk where we can buy crypto in bare market and hold for long term and make good profit. So I would at least not buy anything during a bull run. Bull season is when selling, if you can sell crypto in bull season and come out with profit, it will be success. so i think it will not any good idea to invest on bull market.

TastyChillySauce00

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I mean if you could read the chart, swing trade is good way to boost your profit, just be sure not to regret if somehow the price just skyrocket without having momentary dump and you missed the train.

I think best course of action in this bullrun is still hold, because occasional dump is to be expected after a big pump but that dump won't last forever, eventually price will recover again if the market is truly bullish and these coin are among the ones that are sought after by the market.

every strategy has its own disadvantages I guess.

asriloni

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I prefer to trade my altcoin instead of always holding it. It likes what you said above. It can double your money in days, then, you should sell your holdings at the peak and wait for the price to drop.

I know holders always win it. But, selling our porto at the peak, then buying again at the bottom offers greater profit than just holding it. However, I remind you. Sometimes, after selling an asset, a person gets confused about re-entering. As a result, he misses the chance to buy it at the bottom.

When you're interested in doing that, please analyze it. Use the SND method to check if the token might rise again, or if it's just dropping. I have seen many times a token went down forever after it's pumped. So, TA plays a very important role in this case.

Accardo

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The longest altcoin I've held at its peak was Nano, I watched it hit $15 in 2021, then didn't sell and it dropped back to $5, after a while the coin was racing downwards ever since. Holding altcoins during the period it spikes in prices is not quite advisable, especially those coins with little market adoption. Those moments it rises is an opportunity for holders to trade, as nobody could predict what happens next. Preferably, it's great to sell and switch to another coin, though risky, but buying altcoins like Eth would have lesser risks.

el kaka22

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Holding. It's a lot simpler, I try to collect as much as I can on whatever project I like, mainly bitcoin of course but could be any token really and in the end I keep having a good return without a doubt. Holding is simpler and gives me a decent return, without holding then I would have to work a lot more towards tokens and learning how to trade them and what are ups and what are downs and what's the potential and charts and indicators, all of those end up being a lot of work and I do not really feel like I would like to make that work any other way.

I prefer to hold because that is a lot better and the return is greater in the end. We shouldn't really be focusing on what could be traded, because if a project is good then it should have good future and holding will be enough.

lixer

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Quote from: FortuneFollower on November 19, 2024, 07:22:00 AM

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!

I think there is no big difference of using those words because there is still a chance that we won't do the thing that we are planning. Instead, it's better to say that we should not think in advance or think about the negative that can happen because that can only prevent us from doing the thing that we are planning to do. The market is getting better and better again, so yeah that there are plenty of opportunities lying around or are waiting for us if we are a hodler. We shouldn't waste this because scenarios like this are rare. Aside from the bull market, another thing that is rare is seeing the price to rise without experiencing a major correction.

$crypto$

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Bitcoin during this bullrun is still HODL.

Some altcoins are still trading but not too seriously but I only look when there is more positive news, such as Dev HBAR becoming a candidate for the SEC makes this token rise through and here I just take advantage of the hype.

One more thing, I trade on memecoin like gambling, not much capital trying with $20 on memecoin still looking for luck including hockey, yes of course I do a little analysis that I have.

Kelward

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Quote from: JamesDaniel90 on November 19, 2024, 07:10:57 AM

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?

Trading is hard, so it's better to hold and wait in this bull run, we're sure of getting massive or reasonable returns on investment, depending on your capital and when you started holding. When holding, what you should be speculating on is when we'll hit the peak of bull run, so that you can sale and take profit if you want to. Altcoins are very volatile, they can give you quick profits on the short term and you can also lose your funds, most of them are gamble. But I'll recommend Bitcoin any day, if you don't want high risks of altcoins, it's better to hodl Bitcoin for your peace of mind. Most people are speculating Bitcoin price to exceed $100k at the peak, so if you're going by that, then it's not too late to accumulate your bag before ROI at the peak.

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Quote from: JamesDaniel90 on November 19, 2024, 07:10:57 AM

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?

So many coins have also dropped like that and leaving hodlers in the same wonder like you. That is the way the crypto market is. It is rise and fall but you have to identify where the bull is because it will later go back up or go back down depending Grin

Quote from: JamesDaniel90 on November 19, 2024, 07:10:57 AM

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.

Just like everyone would love to cash on the profit but no one is sure if it will fall immediately after taking the profit or if it will keep rising after it. My suggestion is to set your price where you like to take your gain so that you are happy when you reach it and exit.

Quote from: JamesDaniel90 on November 19, 2024, 07:10:57 AM

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

Hodl hodl and hodl until it gets to your target point. During the bull if you sell you may not buy cheap again or you buy the falling knife Grin

JamesDaniel90

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Quote from: DeathAngel on November 19, 2024, 09:27:52 AM

The best & safest method of making money in crypto is to buy with everything you can during bear markets & sell when we are in peak bull markets. Even better, if you’re aboe to is buy during a bear market & hold for many years before selling to maximise gains. Actively day trading can be profitable but comes with a lot more risk.

Yes , so far i bought in bear market and am now just holding until bull run peak months next year.

Part of me wants to try trading though so i may start with a small amount to see how i get on with it as it is a lot riskier than just waiting for bull run pump.

DeathAngel

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The best & safest method of making money in crypto is to buy with everything you can during bear markets & sell when we are in peak bull markets. Even better, if you’re aboe to is buy during a bear market & hold for many years before selling to maximise gains. Actively day trading can be profitable but comes with a lot more risk.

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Quote from: JamesDaniel90 on November 19, 2024, 07:10:57 AM

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?

Sincerely for altcoin holding I wouldn't give you that go ahead order to hold because as you see them they are so volatile in a way that you can easily lose them away, but if by holding bitcoin for long term then it's fine you can hold and also keep applying DCA to increase your holding volumes. But if by holding altcoin you may not know the strength of the community or projects owner what they had in mind.

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Quote from: JamesDaniel90 on November 19, 2024, 08:04:51 AM

Quote from: Churchillvv on November 19, 2024, 07:56:34 AM

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.

I might do so next time, my only worry is that I take profit but then it just keeps pumping and then i cant buy back in.

You either take and get some, or you get almost nothing.
It's better to lock onto what you gained than to wish for more.
Don't mourn, cherish it.

JamesDaniel90

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Quote from: Churchillvv on November 19, 2024, 07:56:34 AM

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.

I might do so next time, my only worry is that I take profit but then it just keeps pumping and then i cant buy back in.

fikrett

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Quote from: Churchillvv on November 19, 2024, 07:56:34 AM

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.

Yep, with another coin or just a big one - doesn't really matter as long as the sentiment is still there and BTC DOM would be low for that to happen.

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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.

FortuneFollower

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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!

betswift

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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.

JamesDaniel90

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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?

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