Topic: My Preparations for BTC Halving and bull market - page 6. (Read 709 times)

I also don't feel too bad that we have some altcoins in our portfolio because we all know that there will be some altcoins with impressive growth, so it would be a waste to get rid of altcoins during the bull season. But I don't understand why so many people still have a grudge against altcoins, even though I know that it is riskier than bitcoin, but high risk means high profit, all proportional to each other. Bitcoin cannot be more profitable than altcoins these days.

~snip

I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

As i told you in my post, only 30 percent of my portfolio goes in the altcoins and the majority of them are large cap coins like Eth, XRP etc.

Yes, I do include some low caps too but if you like or deny it, the altcoins do give big returns in the bull season.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

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Keeping a short percentage in the altcoin group is not a bad thing either. They help balance the long term bitcoin with a short term altcoin to sell in the next bull run.

I'm still keeping an eye on the market, waiting for a bearish phase before the halving event takes place. I know there are significant events expected in 2024 and 2025, but this isn't just my own plan; many people are preparing for it as well. I believe price drops before pumps often occur during events like these. I'm trying not to rush my decisions to avoid regrets. I'm also following news on Telegram channels discussing Bitcoin movements so I don't miss the moment I'm waiting for.


The time for the halving event hasn't passed yet, so it's not too late to buy Bitcoin. Right now, I'm still enjoying the market's movements.

Currently, I hold Bitcoin, but I've also set aside a substantial amount of FIAT to buy Bitcoin when the market turns bearish. So far, I've received an additional injection of FIAT funds, which has increased my FIAT assets to over 60% at the moment. I won't let the future bull run go to waste.

As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

As i told you in my post, only 30 percent of my portfolio goes in the altcoins and the majority of them are large cap coins like Eth, XRP etc. Yes, I do include some low caps too but if you like or deny it, the altcoins do give big returns in the bull season. Yes, I know the risk that is why my exposure to each altcoin is very little so if any of the altcoin project fails, it won't have much effect on my portfolio.

Rest, I know bitcoin should be our focus and 70% of my portfolio stays in bitcoin.

@OP I have the similar plan (minus such a big exposure to altcoins which is a serious gamble)

The only part I don't agree with is buying altcoins and calling it a "portfolio". We all know that all these altcoins depend on bitcoin price and majority of them have absolutely no future even the bigger ones are going to get dumped in the long run. For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.

Besides there is a high chance that alcoins you are bagholding could get dumped when bitcoin starts rising. It happens to a lot of them since the "investors" sell their coins to go back to bitcoin market and have more liquidity trading bitcoin/fiat pairs. That always dumps altcoins.

As you know bitcoin halving is a few months away (first quarter 2024)...

A lot of times, the markets move in ways we least expect it. Due to a good amount of people that are betting on the halving specifically, I think it probably won't move the way these people are expecting it to.

Either we dump hard, maybe we do a sideways chop, maybe we pump then just end up retracing. Just my guess though.

For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.