What are your doing for now? - page 11.

KingsDen

legendary

Activity: 1302

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Goodnight, o_e_l_e_o 🌹

Quote from: GreatArkansas on January 14, 2024, 09:41:52 PM

Quote from: Justin999 on January 14, 2024, 02:43:34 PM

(....)
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only

This is for me, I usually sell some of my altcoins bought last year and convert them to Bitcoin or stablecoins. As I don't touch anymore any more altcoins, it's either I just buy more Bitcoin or just let it stay in stablecoin just to have a reserve fund just incase we will have a dip then I can buy more Bitcoin.
I am not saying I am bearish into altcoins, because I still hold some altcoins.

My inability to know when to enter the Altcoins coins market is my biggest problem. The other day I have wanted to try out some altcoins and immediately after the Bitcoin ETF approval I bought solana @97 dollars and it immediately started dipping untill it got to 88 and later around 94 dollars. I don't know what to do anymore, whether to wait and collect back my capital when the market gets to 97 or I should hold and see SOL do 100+. I am obviously not good in altcoins investment. I have wanted to see how to earn from altcoins but it has never worked for me.

Now I am seeing that altcoins might possibly fall again. Although, I know these things are just speculations. It might happen so and it might not happen. If anyone is seeing this post and has a lil advice to give me, you can use my DM as I have deactivated my telegram notification.

GreatArkansas

legendary

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Quote from: Justin999 on January 14, 2024, 02:43:34 PM

(....)
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only

This is for me, I usually sell some of my altcoins bought last year and convert them to Bitcoin or stablecoins. As I don't touch anymore any more altcoins, it's either I just buy more Bitcoin or just let it stay in stablecoin just to have a reserve fund just incase we will have a dip then I can buy more Bitcoin.
I am not saying I am bearish into altcoins, because I still hold some altcoins.

LogitechMouse

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Little_Mouse Campaign Management | OrangeFren.com

Quote from: Justin999 on January 14, 2024, 02:43:34 PM

Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?
~

I am constantly looking for altcoins that I can buy in preparation for the bull run.

Some might say "Why not Bitcoin?" I felt that I had enough Bitcoin already to hold, and I would sell it all during the bull run. I want to have some risk in my portfolio because all this time, I've been focused more on the more established ones like ADA, and ETH that's why I'm looking for altcoins below the top 100 that I believe will pump in the future. Right now, I'm looking at the market more often than it was 2 years ago when everything was in freefall. Now that I have the money, I'll continue to reallocate it to have more profits if the bull run happens. There's risk yes, but how can you get more reward if you don't risk some of your money right? Tongue

As for what's happening today, many can take the opportunity to buy more Bitcoin now that it's price is at $42,000. I mean it can just go up in price in the next few months knowing that Bitcoin halving is fast approaching. The increase will be gradual, but if you're in it for the mid to long term then the potential upside for you is quite high, and you can get huge profits.

bangjoe

hero member

Activity: 1400

Merit: 674

I want to laugh at your 4th point OP, if you only see market movements it will not give us anything and we can only speculate without giving any profit.

the steps that must be taken for you this month because altcoins have started to get attention again when bitcoin is dominantly declining, I hope we see projects that can provide benefits to us, such as the L2 project which is starting to develop well in each L1, ETH and Solan are in the spotlight for me personally to follow their projects in order to get greater profits, by reading the narrative in these months is one step for us to have the possibility of greater profits than just seeing market movements, but I strongly agree on point one and point two have you OP.

shinratensei_

legendary

Activity: 3276

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Leading Crypto Sports Betting & Casino Platform

just buy whenever there is a correction its almost guaranteed that the price will go up again, we are still early in the phase of bullish, therefore its only matter of time that we see some massive increase but overall it seems the market are still in accumulation, I personally keep trying to get more and more coin also make some profit off margin along the way and it has been smooth so far.
whenever there's dump i will always try to get some of coin that have been down quite much to we all know the correction isn't that significant.
because if not now, in the future when market is truly bullish we re not gonna see any opportunity to buy at cheap price again.

tsaroz

legendary

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Quote from: Justin999 on January 14, 2024, 02:43:34 PM

Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?

1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me

I'm actively looking for coins to invest in, that would yield me good profit in the future. The market is stabilized after an increase and this could be the plateau before the peak.
I made a small fortune on Solana and I'm trying to find the next Solana. I already have investment on 4 of popular coins but that too is not as diversified as I want it to be. I've been jumping between coins rapidly in order to find those which could give more profit and that's one of my bad habit I want to improve.

ichsan ardi

full member

Activity: 672

Merit: 100

Tontogether | Save Smart & Win Big

Quote from: Justin999 on January 14, 2024, 02:43:34 PM

Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?

1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me

What I'm doing now with the ETF APPROVE news is that I'm starting to pay in altcoin and BTC installments because I think the halving or bull run cycle this time will be different in the next bull run.

cute nmp

jr. member

Activity: 1708

Merit: 3

At this very moment I prefer to just sit back and watched what will happen next in the market before taking any further actions. The market has been bullish for a few months now and in January everything speed up but then we are stuck at a level where nobody can really predict where the market is heading next it can suddenly go up or down. So Based on this logic I don't think I am buying or selling any altcoins at this moment will wait further and see what will happen next.

o48o

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Justin999 on January 14, 2024, 02:43:34 PM

Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?

1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me

I am waiting to get more money to buy the dip or even enough to dca, and i am kinda frustrated that i don't have it, as this is most likely last dip before new ath and ath after that.
So in a word i am bullish and wish i could afford to buy the dip. If there's going to be a dip after halving i don't think it will go as low as where we are now. Not in bitcoin or most of the altcoins.
Low caps might drop at first as all the money goes to huge marketcap coins and while after that mid caps. And only after that to low and micro caps, if ever. At least if history is repeating itself.

As i probably don't have enough money for entering with meaningful sum, i might go in with a leverage when i do.

But right now only thing i can do is to watch the market.

kaka_Shipai

member

Activity: 278

Merit: 21

I have been out of crypto world for some time now but making my comeback now. Trying to get involved in more and more projects. doing some research and then once i believe i m back on track then i'll do some investing. So this is my January of 2024

Driftless_Mining

newbie

Activity: 16

Merit: 6

I think we are in the very beginning of a longer bull market cycle and that is why the price is not sky rocketing like everyone seems to assume.

The Bitcoin ETF will draw in more people and money but it is not going to happen at "Crypto Speed". Keep in mind that the ETF crowd is a different group than current crypto users. They usually already have money and resources to invest and want the exposure to crypto without the risks and drawbacks. A lot of traditional financial type people warned any investors to wait a week or two after the ETF launch to decide on whether to invest as they foresaw the volatility of these initial days.

My thoughts are that long-term this will turn out to be a huge plus for BTC. As for alt-coins I think at some point the market is in for a giant re-tuning or correction. The main ones with actual useful benefits or technologies will grow and succeed, but I think at some point many of the useless ones need to be purged and future alt-coin launches will be looked at with more scrutiny from investors.

Justin999

member

Activity: 377

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#SWGT PRE-SALE IS LIVE

Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?

1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me

Topic: What are your doing for now? - page 11. (Read 1734 times)