How quick do altcoins pump in bull run? - page 8.

inthelongrun

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Quote from: Rimueng on June 24, 2023, 04:41:12 AM

Predicting how quickly altcoins will increase in price during a bull run period is very difficult because it is heavily influenced by many factors, including market sentiment, general adoption of cryptocurrencies, and specific factors associated with each individual altcoin.

Altcoins will be very difficult to read especially to traders and much more on margin traders. But for investors, I guess it's not that hard, especially for the top altcoins. Those who bought altcoins last year and this year will surely benefit from the incoming bull run in 2024 and 2025. I doubt there are bettors here that the whole crypto market won't be bullish in those years. It's been shown since the first halving of bitcoin and it will be the same next year.

DCA is the best technique I have seen so far because there will be huge swings before the big bull run starts.

uneng

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Pumps happen in short time periods. Most significant gains happen in hours timeframes. So you must be always prepared for a pump, holding your coins and tokens carefully on your personal wallet, while setting notifications for when their prices increase considerably, so you immediately sell it on an exchange or to another crypto enthusiast for fast profit.

Another advice is to not be a greedy investor. If a pump already put the coin on the price range you were expecting for, sell it. Don't expect extra profit, because that might actually lead you to a loss or total profit decreasement.

Coyster

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Quote from: JamesDaniel90 on June 21, 2023, 07:01:13 AM

Any advice on how to prepare when it comes to being ready to take profit?

You'll only accrue and take ROI if the altcoin you buy pumps and you sell right before it dumps, not all altcoins will pump during the bull run, quite a lot of them do not have any actual utility/demand, so there's nothing to facilitate their pump, thus they'll either appreciate for a very short term and dump very fast. The thing is, altcoins can pump pretty well, but it is difficult to know which one is going to pump, and that's the reason why it is difficult to invest in altcoins and be certain of ROI.

Nazmul012

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how you are preparing currently? Which altcoins you have added in your portfolio for next bull run? Altcoins roi are always higher then bitcoin but risk of losing capital or chance of scamming by altcoins, possibilities are also higher. But i'm witness of bull sessions which happened in 2018 & 2021. That time altcoins were increased incredibly. So for altcoins investment, i always suggest top potential altcoins like eth, bnb, ada and etc to add in your portfolio for next bull run but don't invest your whole capital anytime

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Quote from: riskarcher on June 24, 2023, 11:57:03 AM

I'm not sure if bullrun will come at 2024 and 2025 if something happen never hope with speculative only. We're still realize with the situation of the world. I'm just wondering somepeople think same with us, they think bullrun will come after that they bought manay coin with high potential but in the end Bull Market is not coming due to every whales already know how market work and manipulate market especially Blackrock has been join market crypto and many big company to get profit from crypto market

for us to succeed then think like Whales or Blackrock. Waiting for a lot of price speculation and some FUD showing up to buy and then sell as good news starts to emerge and Bitcoin support gets stronger. Not as easy as said, but real practice must be done. the bull run is definitely coming, Bitcoin will reach a new ATH and altcoin season is coming. Next year is likely to be a bull run as it approaches the halving. But it's not a guarantee because all conditions can change drastically and there are some adjustments. Hold and don't sell at a low price before the target price is reached.

wheelz1200

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Quote from: JamesDaniel90 on June 21, 2023, 07:01:13 AM

2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.

Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?

Any advice on how to prepare when it comes to being ready to take profit?

Poole.

Ypu should set your sell price goals and just follow them. And it's real simple when people are getting super greedy ypu start selling. And right when everyone is scared of the market you should be buying. The Warren buffet formula. Just Remer if a price seems too good to be true it most likely is, that's when you sell.

riskarcher

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I'm not sure if bullrun will come at 2024 and 2025 if something happen never hope with speculative only. We're still realize with the situation of the world. I'm just wondering somepeople think same with us, they think bullrun will come after that they bought manay coin with high potential but in the end Bull Market is not coming due to every whales already know how market work and manipulate market especially Blackrock has been join market crypto and many big company to get profit from crypto market

TastyChillySauce00

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Quote from: JamesDaniel90 on June 23, 2023, 05:57:37 AM

One altcoin I bought 2 weeks ago is currently up 85% - how do you resist the urge to sell too soon?

I am thinking of taking out half my investment when it reaches 120% but I'm also telling myself not to sell too soon Undecided

You shall at least try to take your profit even though it's only a few percents from your total investment, remember you are in 85% profit from your initial investment now. You can take your initial investment back and use your profit to reinvest in another potential coin again.
This will better for you rather than youa re only watching your portfolio goes up.

abel1337

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Quote from: adzino on June 24, 2023, 10:03:27 AM

You are just risking too much. You are investing to get rich real quick. What if the coins that you invested in doesn't "pump" up at all? Yeah, altcoins to pump up a lot in bull run, but also dumps very quickly, and you might not even get a chance to sell your coins. Crypto currency investment is not a get rich quick scheme. You should be investing for long term and should invest in coins that aren't there just to be pumped and dumped (like meme coins). Why take such risks? The chances of you end up losing everything is very high if you go for such coins.

From my experience, those altcoins who experience having massive pumps don't usually dumps that fast because it's a bull market. I believe that OP is just asking how fast does it pumps on majority of the coin and not on those coins that don't really pump at all during a bull market. I believe that OP plans to invest long term given that he is in year one of investing and I believe that he plan to continue it up until the bull market. OP didn't indicate the altcoin he choose in his post and I don't know why you are being so negative with this post.

adzino

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You are just risking too much. You are investing to get rich real quick. What if the coins that you invested in doesn't "pump" up at all? Yeah, altcoins to pump up a lot in bull run, but also dumps very quickly, and you might not even get a chance to sell your coins. Crypto currency investment is not a get rich quick scheme. You should be investing for long term and should invest in coins that aren't there just to be pumped and dumped (like meme coins). Why take such risks? The chances of you end up losing everything is very high if you go for such coins.

bussybuddy

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IMO how fast altcoins pump and how much they increase in price depends on various factors such as news, events, the state of the market and the amount of money being invested in that market. You need to make an investment plan and be specific about selling altcoins, such as selling price, number of altcoins sold. As well as monitoring the market indicators and conditions continuously so that you can stay informed and make decisions at the right time. And always monitor important information such as the status of monetary policy, market opening policy,... However, you need to understand the risks involved in investing in the crypto market and only invest the money you are willing to lose.

Rimueng

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Predicting how quickly altcoins will increase in price during a bull run period is very difficult because it is heavily influenced by many factors, including market sentiment, general adoption of cryptocurrencies, and specific factors associated with each individual altcoin.

Smitty Werben Man Jensen

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Quote from: Godday on June 24, 2023, 02:05:33 AM

Quote from: JamesDaniel90 on June 21, 2023, 07:01:13 AM

Any advice on how to prepare when it comes to being ready to take profit?

Simple. Sell some to cover your initial investment. Then sell the rest bit by bit to make a profit. I've already had a bull run in 2021 and I did it that way.
At least your first investment will not lose. And make an investment with the profit you have got.

That's a good strategy but it's only for people who have sold their crypto currency assets in 2021,
because 2021 altcoins are really flying crazy, and people who are lucky to be able to sell them in that year of course in this year the profits have also been very much,
especially if he buys and holds in 2023 then the profit in the next bullish year can be 2x or even 100x.

cryptoaddictchie

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Quote from: JamesDaniel90 on June 21, 2023, 07:01:13 AM

Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?

Last bull run literally buy any coin then even 3days or a weke you already earn massive 50% and more gains even not using technical during that time is really possible. Im not sure how the narrative works for this but thats happen in a jiffy. Even the ido tokens from sale to initial listing will do a 10x or more profits right away.

Halime Anatolia

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Quote from: JamesDaniel90 on June 21, 2023, 07:01:13 AM

2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.

Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?

Any advice on how to prepare when it comes to being ready to take profit?

Preparation is to hold all the assets that you bought earlier at the lowest market correction price last, to increase the number of assets if you want, you can take at least 30% of the total coins/tokens that you previously held for your short-term trade. If you have a very urgent need and there is no other choice. you can sell everything now without having to hold back at all.

Godday

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Quote from: JamesDaniel90 on June 21, 2023, 07:01:13 AM

Any advice on how to prepare when it comes to being ready to take profit?

Simple. Sell some to cover your initial investment. Then sell the rest bit by bit to make a profit. I've already had a bull run in 2021 and I did it that way.
At least your first investment will not lose. And make an investment with the profit you have got.

MingMining

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Quote from: JamesDaniel90 on June 21, 2023, 07:01:13 AM

2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.

Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?

Any advice on how to prepare when it comes to being ready to take profit?

If you have been in the market consistently for the past one year and patiently held your coins, it will give you huge returns during next bull seasons. All Altcoin prices are down a lot at the moment.When the bull season starts, you will see the prices of all these altcoins going up. When capital comes into altcoin, you will see altcoin prices run away.I think strategy should be made in advance to get profit. Check all-time highs for all altcoins you own.I think the coin you have ,in next season may break their previous all time high.At this place you can prepare to sell your coins with a good profit.It also depends on your choice if you have bought the best and top level coins available in the market.

evichi

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Yes you rightly made a point. The altcoin you are holding in preparation for the bull run is very important. IMO, I will recommend holding tight to some notable and reputable altcoins like Etherum, and the likes. On the new projects, I suggest caring out detailed research before holding on any of them. While Bitcoin will influnce most of the altcoins, I think it is difficult to determine how fast the altcoins will pump. It all depends on numerous factors - ranging from utility, community followership, etc. I think, the upcoming bull run may spring up surprises in the crypto space. The meme coins inclusive.

I think we should ask ourselves the following questions in preparation for the bull run:
I am I holding the best reputable altcoins based on my research?
Have I researched on the new altcoins I am holding?
When do I sell to maximize profit during the bull market (best ATH)?
Have I made the mistake of holding altcoins that I cannot afford to loose?
Did I put all my eggs in one basket?

libert19

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Quote from: JamesDaniel90 on June 23, 2023, 05:57:37 AM

One altcoin I bought 2 weeks ago is currently up 85% - how do you resist the urge to sell too soon?

I am thinking of taking out half my investment when it reaches 120% but I'm also telling myself not to sell too soon Undecided

Honestly I'd take part of investment already at this stage.

You know in 'selling too soon' I kept holding alt bags until they went to zero Grin

asawale

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Looking at the price history of many altcoins compared to Bitcoin during bull run, the price of altcoins are capable of increasing into multiple folds of itself. Altcoins are the ones that we have seen to have done ranging from 100x to 10,000x of its launched price within just a year of launch. Bitcoin hasn't been able to do even 10x in just a year in its price history but as we have seen in altcoins.

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