Have been in crypto just over a year now so have yet to experience a bull market and up till now I have just bought and held.
Currently my portfolio is 10% down and am not planning on selling any until I 2x at least.
Most of us are down especially those who bought last year or 2 years ago.
However, if you bought at near the bottom of the market last year then currently you are in a profit since the market has recovered since then. Currently, my portfolio is down at around 30%-40%. Not bad knowing what happened last year.
Bitcoin takes up 30% of my portfolio with the rest in altcoins.
What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more?
My Bitcoin allocation has been 50%. 40% has been on 2 altcoins namely Ethereum and Cardano, and the remaining 10% are those lower market cap altcoins.
Hmmmmmm. TBH, I can't think of a number where I'm enough whenever it reaches that price. Maybe if my portfolio doubled or even 2.5x when the bull run comes then I will do Dollar-Cost Averaging on selling. I don't want to do the same thing that I did 2 years ago where I just watched the market up, and didn't sell a portion of my portfolio until my potential profits slowly is going away.