Safe practices to adhere to in the bull run

[TomPluz]

Hey folks, been thinking. As we enter into the bull run. What are they safe practices you'll be adhering to in order to maximize profits?

1. Make sure that you are holding a good crypto portfolio concentrating a lot on solid coins like Bitcoin, Ethereum, SOL and many more...for as long as your funds will allow but don't ever get tempted to use loans or get family members to ride with your activities.

2. Never be tempted with other projects most especially those who are sprouting all over in the SOL network and if you think you want to partake with the excitement learn to limit your exposure and use due diligence so as to limit possible loss.

3. Establish your holding strategy so you won't be rattled with FOMOS which are all common when the market is on the upswing...get yourself the diamond hands and not the weak hands so you won't cry a river.

4. Make sure you are keeping your cryptocurrencies safe and secure so you can avoid the possibility of being hacked or phished...so learn from the horrifying experiences of other people so you won't lose funds.

[MUGNIA]

Hey folks, been thinking. As we enter into the bull run. What are they safe practices you'll be adhering to in order to maximize profits? Kindly share below let's have a discussion

1. Always double-check or triple-check the websites you're going especially when it's a new website.
2. Don't interact with strangers especially those who just sent you a DM out of nowhere.
3. Always be vigilant and don't be gullible. Don't get attracted too easily with huge returns in a project.
4. Make a list of red flags that will help you decide which projects you can invest, and which are scam.
5. Have a selling target especially now that we are in a bull run soon.

These are just some of the things that you can do during the bull run. Some of them aren't directly increase your profits, but that will help you at least secure the profits that you might get during the bull run. Hope it helps.

points 2 and 3 often happen on Telegram, they will give high profits that don't even make sense in logic, they will randomly send messages to every Telegram user, therefore beginners are more careful in responding

In my opinion, to face the bull run later, at least we set a target on our parfolio in achieving profits, avoid greed, if you have reached the target, it is better to let go than to zonk  because we don't know the market condition in the future. If it has already reached the target, it would be better to let it go.

[ajiz138]

1. Always double-check or triple-check the websites you're going especially when it's a new website.
2. Don't interact with strangers especially those who just sent you a DM out of nowhere.
3. Always be vigilant and don't be gullible. Don't get attracted too easily with huge returns in a project.
4. Make a list of red flags that will help you decide which projects you can invest, and which are scam.
5. Have a selling target especially now that we are in a bull run soon.

These are just some of the things that you can do during the bull run. Some of them aren't directly increase your profits, but that will help you at least secure the profits that you might get during the bull run. Hope it helps.

points 2 and 3 often happen on Telegram, they will give high profits that don't even make sense in logic, they will randomly send messages to every Telegram user, therefore beginners are more careful in responding

In my opinion, to face the bull run later, at least we set a target on our parfolio in achieving profits, avoid greed, if you have reached the target, it is better to let go than to zonk  because we don't know the market condition in the future. If it has already reached the target, it would be better to let it go.

I think almost all of us have received messages that come from nowhere, they will immediately explain the reason they sent us the message. I always ignore those who suddenly send messages offering something very tempting.

We really have to be careful, and I also suggest never posting anything about the amount of assets we have, because that might invite irresponsible people to come to us. It's better to enjoy it yourself.

[Jamal Aezaz]

We have entered into the bull run but have not seen any huge price yet and also have not seen the effects of halving so the better strategy now is to increase your patience and continue your investment by adding more coins to it or continue your holding with already held coins.

The price of Bitcoin will surely touch the cost higher than 73k$ but the actual time is not easy to identify so this time one cannot do anything instead of waiting for the best therefore working with patience can only help you to continue your journey of success.

[vegasus]

Hey folks, been thinking. As we enter into the bull run. What are they safe practices you'll be adhering to in order to maximize profits? Kindly share below let's have a discussion

Just be patient in holding your assets. Yes, because patience is the key in the terms of holding or investing. By being patient, we will not rush into making decisions regarding the increase in crypto prices in the current market. Yes, with the belief that crypto market will soon experience a bullrun, I can only be patient with the assets in the portfolio.

1. Make sure that you are holding a good crypto portfolio concentrating a lot on solid coins like Bitcoin, Ethereum, SOL and many more...for as long as your funds will allow but don't ever get tempted to use loans or get family members to ride with your activities.

Indeed, because if we hold on to shit coins then what will happen is that over time the value of our assets will decrease. Because there are not many shit coins that will last long as an investment. Because that's what you say, it's true, if investment also needs to be thought about, what assets should be owned. That's right, BTC, ETH, BNB or other top coins are more valuable than participating in getting hype coins from certain projects which are actually very risky.

[taufik123]

Indeed, because if we hold on to shit coins then what will happen is that over time the value of our assets will decrease. Because there are not many shit coins that will last long as an investment. Because that's what you say, it's true, if investment also needs to be thought about, what assets should be owned. That's right, BTC, ETH, BNB or other top coins are more valuable than participating in getting hype coins from certain projects which are actually very risky.

There are many Shitcoins that will not be valuable, but some Shitcoins will also find their hype time and make a profit, and that is the time to sell.
To be safer if you have to buy top coins like BTC, ETH, BNB or other top coins, buying gradually will be good advice before the real bull run arrives.

 Take advantage of this rare moment after the halving to get more benefits.
If you have bought some of the top assets as already said, then the safe way is to hold them and add to them when a correction occurs.
There is no need to panic when there is a correction, the important thing is that there is spare money to buy back.

[BitMaxz]

There are many Shitcoins that will not be valuable, but some Shitcoins will also find their hype time and make a profit, and that is the time to sell.
To be safer if you have to buy top coins like BTC, ETH, BNB or other top coins, buying gradually will be good advice before the real bull run arrives.

 Take advantage of this rare moment after the halving to get more benefits.
If you have bought some of the top assets as already said, then the safe way is to hold them and add to them when a correction occurs.
There is no need to panic when there is a correction, the important thing is that there is spare money to buy back.

That's a DCA strategy and it works for almost to all coins or any project just make sure that you are choosing a good project or stay only at these known coins like you mention because not all on the top 50 are good coins some of them are not and only listed on shitexchange and can't able to trade on a well-known exchange like Binance or OKX. So it would be better to stick to the coin that we usually use polygon, ADA, and TRX including the major coins.

Not just only on the correction you should always keep DCA every time the price drops you can monitor the market every week because that is the time frame to notice if it's a bullish or bearish week if it's bearish that's a good opportunity to buy them at a cheap price.

[Rruchi man]

Hey folks, been thinking. As we enter into the bull run. What are they safe practices you'll be adhering to in order to maximize profits? Kindly share below let's have a discussion

The bull run describes a season when the value of different coins increases. There is no specific time range in which it is expected to last, but a safe practice with your investment is not to be too quick to sell your investment for quick profit, and you also should be careful where or who you are selling to.

[0t3p0t]

Hey folks, been thinking. As we enter into the bull run. What are they safe practices you'll be adhering to in order to maximize profits? Kindly share below let's have a discussion

DCA or dollar cost averaging is for me the most safest and maybe the most profitable strategy so far I know. Since we are talking about bull run here this strategy is perfect and it is proven by many. Don't be greedy on your investments rather be patient and wait for the best opportunity.

[Jamal Aezaz]

The bull run describes a season when the value of different coins increases. There is no specific time range in which it is expected to last, but a safe practice with your investment is not to be too quick to sell your investment for quick profit, and you also should be careful where or who you are selling to.

Bull season starts when the buying rate of coins increases but there should be specific targets for selling during bull season as not a single person knows regarding the end of bull season. Some people just sell their Bitcoin and other coins so quickly that they become unable to take profit at the time of ATH but it will suggest that they keep holding and don't decide to sell quickly.

Investment is not only about buying low and selling high but you have to accept every possible strategy with the help of which you can increase your profit. Keep in mind that your coins will also suggest your profit so use your knowledge instead of other suggestions to buy coins.

[Gyrgen]

Hey folks, been thinking. As we enter into the bull run. What are they safe practices you'll be adhering to in order to maximize profits? Kindly share below let's have a discussion

I will say, create a profit booking plan, as without it we won't be able to book maximum profit. First know your limits with some coin, as if you have invested in BTC and at the current price tag expecting BTC to give you 4x then I will say recalculate your limits, as well as of BTC. Because BTC doesn't have the potential to give more than 2x at the current market price. But if you are talking about alts then do the same thing, but the main point is to judge the potential of the project we are investing in.

Besides, do DCA in profit booking, if you think you don't have a good knowledge then DCA in profit booking can become handy. Don't sell low, even if you have to wait another cycle. Never invest more than what you can't afford to lose. Always control your emotion in bull season, never expect that you will get rich in the bull run with few thousands dollars if you are investing in BTC, but in alts there is a possibility.

It’s interesting to evaluate the potential of the project. How is it? In my opinion, this is a general phrase that, if you think about it, does not convey anything in terms of usefulness. The only thing that can be said for sure is that when a bullish trend begins, it is better to invest in altcoins as they will bring more profit as a percentage than the same Bitcoin. The exception is ether and perhaps some “old” altcoins, most likely their growth will not be significant. And the second point is not to forget to take profits, everyone determines the fixing ceiling for themselves, there is no universal formula.

[Faisal2202]

It’s interesting to evaluate the potential of the project. How is it? In my opinion, this is a general phrase that, if you think about it, does not convey anything in terms of usefulness. The only thing that can be said for sure is that when a bullish trend begins, it is better to invest in altcoins as they will bring more profit as a percentage than the same Bitcoin. The exception is ether and perhaps some “old” altcoins, most likely their growth will not be significant. And the second point is not to forget to take profits, everyone determines the fixing ceiling for themselves, there is no universal formula.

You gave good and the most easy tips, although they are easy but hard to follow even by many experts, as investors are sometimes played by market sentiments. You are a few of the legendaries here who have this POV that we should also invest in ALTs. As I have seen people talking so good about BTC that they are literally ignoring the fact that BTC can't give them much at the moment. But still, I don't know why members here and on other forums, always praise BTC I also praise BTC, but I praise ALTs too. While those don't praise but talk bad for ALTs.

Well, as an investor, and traders we should not see which token we are investing either BTC or alts, what we should see, is whether this token has enough potential to give us some returns or not. If it have, then we should go for it and take the profit why giving up on an opportunity just because we or some member told us to become BTC enthusiast. At start I also ignored alts but later realized my mistake and now I have some funds in alts too.

[IvugeoEvolutionCoin]

Hey folks, been thinking. As we enter into the bull run. What are they safe practices you'll be adhering to in order to maximize profits? Kindly share below let's have a discussion

DCA or dollar cost averaging is for me the most safest and maybe the most profitable strategy so far I know. Since we are talking about bull run here this strategy is perfect and it is proven by many. Don't be greedy on your investments rather be patient and wait for the best opportunity.

This way is indeed the best way to collect bitcoins. As long as you keep a record of all the transactions you have purchased, this will give you the opportunity to collect a very large amount of bitcoins and you can sell them when the price is very high.

[Rubel007]

However, if you have a long-term view and have strong hands, you can still buy more with the DCA technique and aim to hold for a longer time. Back again to each individual's trading style.

We have to move according to how much we expect from our investment. Those buying Bitcoin and holding it for the long term should be more cautious. We should accumulate more bitcoins until the target bitcoin price turns bullish. And for this I would agree with you that the strategy followed by DCA is to regularize it. Everyone who holds bitcoins until they reach their goal the definitely will get the success.

[Lucius]

The best strategy is not to be greedy, in other words if you are in all this just for profit you have to determine your exit point in advance. Some people are satisfied if they earn 50%, others will be completely satisfied with 100%, some others will seek a much higher profit - but in the end you should be realistic and not ask for the impossible.

There is no doubt that many have the goal of $100 000, so although we believe that it could happen this year or next year, those who are waiting for just such a moment risk not seeing it again.