Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Fhiyyerh on July 19, 2024, 10:00:24 PM
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
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A piece of advice for any crypto holders especially Bitcoin is to accumulate as much as they can and keep holding pa to patiently without panics to sell they coins because of you do due to impatient, you will regret it while watching others profiting hugely as a result of their assets was on hold up to the bull-run.
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My advice is as follows: don't be too greedy, be patient, have a specified price at heart to sell your bitcoin or altcoins, avoid FOMO, have a long term goal, apply a DCA method, and finally have diversified investments
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buy more.
this is likely the majority of the advice you get from investors. what i have learned in the past is that the bear market can last to 2-3 years which if you want to survive these bear market years, you have to make the most in the bull market. so fill up your bags while the bull market is yet to begin.
what i tried doing is spot trading in the 1 or 4 hr chart during bull market. so just buying and selling in sport market every time it reaches its overbought and oversold heights. this way you get to accumulate sats.
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A piece of advice for any crypto holders especially Bitcoin is to accumulate as much as they can and keep holding pa to patiently without panics to sell they coins because of you do due to impatient, you will regret it while watching others profiting hugely as a result of their assets was on hold up to the bull-run.
But don't you think accumulating and holding BTC for many average crypto fellas is close to impossible because of lack of funds and somehow if you do not put enough in btc and forget about it you wont get any profit. Maybe other undervalued coins will be good
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My advice is as follows: don't be too greedy, be patient, have a specified price at heart to sell your bitcoin or altcoins, avoid FOMO, have a long term goal, apply a DCA method, and finally have diversified investments
You are legend. I agree with you about FOMO because when I was a newbie that got me a lot, cant say I escaped that even now.
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buy more.
this is likely the majority of the advice you get from investors. what i have learned in the past is that the bear market can last to 2-3 years which if you want to survive these bear market years, you have to make the most in the bull market. so fill up your bags while the bull market is yet to begin.
what i tried doing is spot trading in the 1 or 4 hr chart during bull market. so just buying and selling in sport market every time it reaches its overbought and oversold heights. this way you get to accumulate sats.
if someone is not necessarily a trader who will they know it get to the overbought point? how do they manage to understand its a sell or buy point?
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At the present time, trading may lead to loss. The best solution now if you do not have sufficient experience is to stick to Bitcoin and Ethereum and wait until the price rises sharply.
Trading in some altcoins or tokens will be beneficial to provide more liquidity and with this liquidity you can buy more Bitcoin and Ethereum.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
Just invest on let's say Bitcoin, although the profit might not be that big since you are somewhat late as we are in the bull run, but still there could be profits here, x2 or higher. Or go with some solid altcoins as well, same, there will be profits that can still be as high as x3. Trading for me is not for everyone though, that's why I just advise to be a long term holder, invest thru DCA and yeah, it will be hard and grind weekly or monthly and you will really need to be mentally tough. But we still have like a full year to really see the peak of the bull run so it's not late to invest.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
Sell and reward yourself.
You need to take benefit out of this market when it's on the bull run. Do you want to wait another cycle before you make money from it? So if you have been grinding and you've got some significant gains projecting on your portfolio then all you have to do is take profit as much as you can and enjoy the reward from being patient and hardworking.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
What coins do you have? What are your holdings?
Basically, a new comer should have mostly btc imo.
Btc is the king of all crypto because it always controls the bull run, guiding other coins.
If btc ia going up, others will go up too. If bitcoin is falling ,everything falls.
Once you get used to bitcoin movements try some altcoins. But always keep most of your stash in bitcoin
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
Sell and reward yourself.
You need to take benefit out of this market when it's on the bull run. Do you want to wait another cycle before you make money from it? So if you have been grinding and you've got some significant gains projecting on your portfolio then all you have to do is take profit as much as you can and enjoy the reward from being patient and hardworking.
This can be done by withdrawing profits if they have started collecting bitcoins for a long time or they bought at a price that is still below.
However, if they still haven't done anything or they don't have any assets in their portfolio then they can slowly buy when there is a correction. But you must remember that everything must be done by preparing yourself for the risks that will occur.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
If you want to benefit from this bull run then besides trading you must have start buying BTC by DCA method because it doesn't require technical and fundamental analysis and you can easily invest in BTC for the long term for better profit. That's the best and easiest way for newbies to make money. They should first analyze the market to understand if the is market bullish or bearish. I bullish is yet to come then it's preferred to start gathering money so you could buy more.
As of now bull run is almost near to end and some say it is yet to start. I will say analyze the option the market is giving and make up your mind and set a plan and then stick to it. If you wanted to make a profit from this bull run then making profit from BTC might not be useful but we can try alts for better returns.
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Accumulate as much as you can at low price and sell when the price increase then that's how you'll be able to benefit from the bull run. How else would you benefit when all you do is holding your crypto. There will be another chance but you'll have to wait for next bull run so when it's time for bull run then selling your assets will be a reward for yourself.
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Bull run didnt even started yet but you are always benefiting if you are increasing number of bitcoins you have.
Dont waste money on new risky altcoins and dont try to earn from trading coins, that is enough advice to have good profit in in future.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
If they didn't get enough profits, there should be something wrong with the strategy of their trading. Have they learned well about trading? If they are newbies, I suggest them to learn more, get more knowledge. You can read articles or YT videos from trusted sources. I think there are many sources, it won't be a problem to find our trusted sources.
Anyway, what contribution you mean here?
If they are only being active without knowing well what they are doing, they will never do it properly. If they want to be good traders, they must learn well about trading. Learning from any sources, articles/YT videos, and from own experiences.
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Advice to anyone irrespective of the category that the person is in, is that they should do their own research to make crypto decisions theirself. Learning to analyze the market yourself is a big flex for a crypto enthusiast. Depending on others is just a lazy behavior and if the person you're depending on probably gives you a wrong analysis, there is no way you can detect when you are being too lazy to not your own research. Lots of investors make this mistake. I'm not a big fan of short term projects, so majority of my investments are in long term project, and I'll advise newbies to do likewise, but for those who have know how to make research on their own, its good to make investments on new potential coins too, because you can make quite a good profit from them.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
I'm not sure whether this is actually a bullrun or not. However, what is certain is that the market trend to become positive is very visible this time after the dip market occurred a few weeks ago. So, it would be too early to consider this a bullrun. We still have to monitor it because the increase is not that high yet, it has only just reached the previous rate increase and is still struggling to break through the upper resistance again. For example, what can be done when the market is good like this, traders can of course take a long position, or can do short investments in several coins that have experienced quite rapid increases. But still set a stop loss and TP to manage the risk. Don't go all-in because that's too risky.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
My advice to you is that you should lonk beyond the coming bull run and think about your overall benefit in the cryptocurrency market for years. Maybe for 2 consecutive bull runs, that will be 8yrs. If you follow this and with DCA, you will smile in the coming years even if you cannot smile today.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
I am not a newbie too but I never got rich yet with my time in cryptocurrency but I got some benefits with it and so far I am proud of the things I have done though there is always that desire for more. Now, based on my own experience, one should choose either become a passive investor - just buy and hold coins - or one may choose to be an active participant by joining what can be the currently popular in the market - in the past bounties soared high in energy and now we have the tap-tap opportunities though one has to be careful because not all can be worth the time and effort. Now, one may also choose to be a passive and an active one...the door is open to all and please pray for some good luck too. For sure, there are many things one can do in this industry.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
Don't be carried away by the hype of a coin, invest mostly in Bitcoin than you do on altcoins. Stay anonymous, don't tell people the amount of bitcoin you hold in your portfolio. Don't click unsolicited links to connect it with your crypto wallet address. Make sure you don't let crypto influencers tell you the coins to invest in without you doing your research on those coins. And finally, no free money in crypto.
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There are many ways you can key in to the bull run. Number one, don't put all your eggs in one basket. They different protocols and Dexes. Secondly, buy top 10 tokens. Thirdly, always keep an open mind
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There are many ways you can key in to the bull run. Number one, don't put all your eggs in one basket. They different protocols and Dexes. Secondly, buy top 10 tokens. Thirdly, always keep an open mind
I do not totally agree with buying of top 10 tokens. But some people will not agree with me. The strongest as of few years back like BCH and LTCare no more the strongest again, while some like Matic are discouraging. In the last bull run since 2023, there performance is not encouraging at all. What makes you think the cryptocurrencies that performed good now would perform good again in the next bull run after 2025? I prefer bitcoin among the coin. And then gamble with some new coins with the money that I can afford to lose.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
Sell during the bull run. I think that's the only way for you to benefit from this bull run.
Investing takes time, and you must know that as an investor. You said that you aren't a trader, so most probably you're an investor and what you're doing is just buying and waiting for the perfect time to sell. Active contributions? I don't know what do you mean by this TBH.
Passionately grinding? What do you mean by this but nevertheless, selling during the bull is for me the best way for you to benefit in this bull run.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
For start, don't shill company that pays you for it in some almost worthless tokens, because everything else you do on the forum makes no sense (at least not for me personally).
Regarding the bull run, your question shows that you are a true beginner (in every sense of the word), because those who ask how to profit now have obviously missed some historical lessons. My answer is that you should start investing today, and then maybe wait until the next bull run, unless you have a big appetite and can be satisfied with some "smaller" profit.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
There is no other way to benefit from this coming bull run other than to find the best projects and invest in them, specially now that the market is red and alot of project assets are down in their prices.
But again, another important thing to note also is that, sometimes, the best is not the best, that is, the project we invest in and think it's the best project, may end up underperforming whilst the ones we possibly saw and overlooked may be flying to the moon while we watch and regret not buying into such asset at the time we had the opportunity.
So, what I am saying in essence is, diversify as much as you can, hold different assets from different narratives including DEFI, memecoins, gamefi, cexfi, gamblefi, RWA, NFTFi and so on and on, this is the best way to ensure you do not missed on really important projects.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
DCA and hodl is the key it doesn't really need much of a technical know how you just buy and hodl and set a specific time to take profit but this one works best when you do it long term. Some investors actually do that and some just playing the market because they knew technical analysis to predict the trend then execute entry and exit.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
First thing first, please make sure that you avoid meme coins by all means. They are tempting when you see people show off about the profits and the money they made from it but the bad side of it is not something you will want to look twice, I'm not sure any newbie will be ready for it because the loss can range from1% to 99%.
Another addition of my advice is that newbie should be optimistic about the market that it's going to be good in the end but the road is not smooth, bull run requires more than just the patient, it need your attention to be far away from any obstacles that comes to the market that may discourage them.
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Being so long in crypto, what do you mean by that, because if you said you have been in the cryptocurrency space for a lot Ng time now, you should buy now know how to follow the market and benefits from it, since experience comes with time so your long time in crypto should have build a good experience in you to be able to benefit for the market.
What I can say is that if you have not benefited from the market, the easiest and safest way to benefit from the market is to buy bitcoin and hold for long time and when the price appreciates you can take profits.
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My advice is for you to always remember to take profits. However, first make sure you interact with strong projects and not the ones that drop when the market pumps.
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Maybe I understand this character a little, so I suggest managing an additional income... wherever it comes from, the important thing is additional income or a side job... then the money from that side job, spent in cryptocurrency, I suggest Bitcoin first. ..so for example, if you have spent 8 hours working a day, you can use the remaining hours specifically to add to your cryptocurrency portfolio... besides not disturbing your main finances, this side job will also still give you wealth when the Bitcoin bullrun arrives.
You will be safe from crisis, and you will grow.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
you are gonna have to be more specific about what exactly they are doing and why are they not benefitting from this bull run
are they just holding or are they trading? are they focusing on bounties and airdrops? on memecoins or in p2e games? the world of cryptocurrencies is very wide and vast that it would require different strategies to benefit from each category so my advice would be to try and focus on one at a time and learn as much about it
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In fact, almost all investors want to profit from the bull run which is why they buy lots of tokens and fill their bags. But some people lose investment because they bought already dead tokens. So to make best investment you can easily invest in BTC for long term for good profit. People will now find marked and divergent views on market momentum. So analyze the options the market is offering and make up your mind, do proper research and buy top coin and hold. Also keep learning trading in your daily free time.
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Its been anticipated that FED cutting rates will implode stocks and crypto which may trigger another bull market. This is got to be one reason for you to invest again and buy more coins and benefit from the bull run. In order to benefit, you have to sell of course when the price is right.
One important lesson I learn is hold your stablecoin until bear market comes.
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In fact, almost all investors want to profit from the bull run which is why they buy lots of tokens and fill their bags. But some people lose investment because they bought already dead tokens. So to make best investment you can easily invest in BTC for long term for good profit. People will now find marked and divergent views on market momentum. So analyze the options the market is offering and make up your mind, do proper research and buy top coin and hold. Also keep learning trading in your daily free time.
Research must be done before we invest in coins that we will hold or coins that we will choose for trading, I agree with you, the fact is that bitcoin is the right coin for long-term holding. I also hold altcoins that have the potential to hold, and we remain patient waiting for the bullish season to occur.
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In fact, almost all investors want to profit from the bull run which is why they buy lots of tokens and fill their bags. But some people lose investment because they bought already dead tokens. So to make best investment you can easily invest in BTC for long term for good profit. People will now find marked and divergent views on market momentum. So analyze the options the market is offering and make up your mind, do proper research and buy top coin and hold. Also keep learning trading in your daily free time.
Research must be done before we invest in coins that we will hold or coins that we will choose for trading, I agree with you, the fact is that bitcoin is the right coin for long-term holding. I also hold altcoins that have the potential to hold, and we remain patient waiting for the bullish season to occur.
Definitely, proper research before investing is important especially when dealing with volatile markets such as the crypto market. In analyzing both project and the Caller’s Semblance of the technology of the coin, risk is mitigated and a decision is not a blind leap in the dark. Also, hodling Bitcoin as an investment and picking suitable altcoins could be profitable if done properly. In a way, the concept of waiting for the market to move in a profitable way does entail a lot of patience, but in the same vein, there is adequate preparation that can be made to ensure that one is ready for the swings that do exist.
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In fact, almost all investors want to profit from the bull run which is why they buy lots of tokens and fill their bags. But some people lose investment because they bought already dead tokens. So to make best investment you can easily invest in BTC for long term for good profit. People will now find marked and divergent views on market momentum. So analyze the options the market is offering and make up your mind, do proper research and buy top coin and hold. Also keep learning trading in your daily free time.
Research must be done before we invest in coins that we will hold or coins that we will choose for trading, I agree with you, the fact is that bitcoin is the right coin for long-term holding. I also hold altcoins that have the potential to hold, and we remain patient waiting for the bullish season to occur.
I agree with you both.
BTC would be the main part of the portfolio of a person who looks at the opportunity and the investment in the long run.
The only thing at stake would be time itself, and that's great for people who can't invest much of their time to analysis to make daily trades (which involve higher risks for them).
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I agree with you both.
BTC would be the main part of the portfolio of a person who looks at the opportunity and the investment in the long run.
The only thing at stake would be time itself, and that's great for people who can't invest much of their time to analysis to make daily trades (which involve higher risks for them).
Historically, the altcoins do not have their bull runs at the same time as Bitcoin, they have a mini-run *after* the Bitcoin bull-run, and the amount they rise is much less. It's like ripples in a pond forming smaller waves. So don't waste any more time with altcoins. Even if you've got just $3,000 in Bitcoin you can sill expect to see a lot of profit when the cycle gets in full swing.
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I agree with you both.
BTC would be the main part of the portfolio of a person who looks at the opportunity and the investment in the long run.
The only thing at stake would be time itself, and that's great for people who can't invest much of their time to analysis to make daily trades (which involve higher risks for them).
Historically, the altcoins do not have their bull runs at the same time as Bitcoin, they have a mini-run *after* the Bitcoin bull-run, and the amount they rise is much less. It's like ripples in a pond forming smaller waves. So don't waste any more time with altcoins. Even if you've got just $3,000 in Bitcoin you can sill expect to see a lot of profit when the cycle gets in full swing.
I think during the bullish season after bitcoin reaches its ATH peak, the price of altcoin will also rise high following the movement of bitcoin. so we should not underestimate the increase in the price of altcoin. Although currently we see the price of latcoin rising slightly, like small ripples, this is because the price of bitcoin seems to be struggling and difficult to return to touching $ 65K. Stay calm because the price of bitcoin has now touched $ 59K, it is likely to go to $ 65K soon.
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In fact, almost all investors want to profit from the bull run which is why they buy lots of tokens and fill their bags. But some people lose investment because they bought already dead tokens. So to make best investment you can easily invest in BTC for long term for good profit. People will now find marked and divergent views on market momentum. So analyze the options the market is offering and make up your mind, do proper research and buy top coin and hold. Also keep learning trading in your daily free time.
Research must be done before we invest in coins that we will hold or coins that we will choose for trading, I agree with you, the fact is that bitcoin is the right coin for long-term holding. I also hold altcoins that have the potential to hold, and we remain patient waiting for the bullish season to occur.
To get good profit from the altcoins market, you have to take advantage of the bullish season. There are many altcoins that are already set for a bullish season and those who still buy will reap good profits. I always want to carry bitcoin with me and take profit anytime short time or long time. On the other hand i agree with you that lots of research will make your investment the best investment. Because whenever you buy a currency with the best research, the amount of risk will be low and the profit potential will be there.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
If you want to benefit from bull run accumulation, it, it is the key, and it should start in the bear trend this is for Bitcoin you should do DCA on the time that Bitcoin is dipping. there is a saying that you should buy when the market is in fear, but it takes courage to do that.
For altcoins, investing in a new coin with good potential is the key for bull run profit you have to learn how to look on coins with good potential avoid hype and possible pump and dump, as this will lead you to losses.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
Best advice I can give someone of the above mentioned, is to do proper research and buy coins that he knows have potentials and can make him good profits in the long run. Investing is very simple and the problem why some people don't benefit from crypto investments is because they dint know how to manage their risk. You have to make plans like buy the dips and using method ps like dollar cost average.. these methods will give you a upper hand, against the bull as you don't have to be rushing to buy coins when the bull has already began.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
If you invest in altcoins sell them after getting a desired amount of profit. It can be 20%-100% but if you are investing in bitcoins then hold them tight. Because Bitcoin is growing slowly but Altcoins are growing very fast and falling fast. Altcoin volatility is high. I would advise you to sell your crypto as soon as you get the profit. Because the main purpose of investment is to make profit. So I think it is wise to enjoy the profit as soon as possible
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
If you invest in altcoins sell them after getting a desired amount of profit. It can be 20%-100% but if you are investing in bitcoins then hold them tight. Because Bitcoin is growing slowly but Altcoins are growing very fast and falling fast. Altcoin volatility is high. I would advise you to sell your crypto as soon as you get the profit. Because the main purpose of investment is to make profit. So I think it is wise to enjoy the profit as soon as possible
Yes, Bitcoin is indeed suitable for long-term holding, although it seems slow but we will get profit, and this is safer. Altcoin is more volatile and we can take advantage of it by taking short-term or medium-term profits. I also do that in every season, altcoin is the best choice if you want to do scalping when the market improves. but Bitcoin is always a priority for the long term.
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If you invest in altcoins sell them after getting a desired amount of profit. It can be 20%-100% but if you are investing in bitcoins then hold them tight. Because Bitcoin is growing slowly but Altcoins are growing very fast and falling fast. Altcoin volatility is high. I would advise you to sell your crypto as soon as you get the profit. Because the main purpose of investment is to make profit. So I think it is wise to enjoy the profit as soon as possible
The advice for investors in any coin is to be patient. Because if you take a decision out of patience, you will regret it later. So be it Bitcoin or any other coin, you have to be patient after investing in any coin. Bitcoin prices have to wait until they rent during a bull run. You cannot be volatile and sell at a low price because the price of E is highest at the end of the bull run, so if you sell at the beginning, you will regret later. So all Bitcoin holders should wait till the end of the bull run. However, even if you hold at the end, you have to do it with discretion because the market can go down at any time.
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Yes, Bitcoin is indeed suitable for long-term holding, although it seems slow but we will get profit, and this is safer. Altcoin is more volatile and we can take advantage of it by taking short-term or medium-term profits. I also do that in every season, altcoin is the best choice if you want to do scalping when the market improves. but Bitcoin is always a priority for the long term.
In fact, it seems to offer a good and long-term return with relative stability for long-term investors and hence is not as volatile as most altcoins in the market. Rather, low stability altcoins can be extremely lucrative when trading in the short or midterm since these tokens continually soar during a bullish market. Therefore, with such alts where opportunities for quick earnings arise and Bitcoin as a long-term investment, it is possible to achieve the best result.
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Yes, Bitcoin is indeed suitable for long-term holding, although it seems slow but we will get profit, and this is safer. Altcoin is more volatile and we can take advantage of it by taking short-term or medium-term profits. I also do that in every season, altcoin is the best choice if you want to do scalping when the market improves. but Bitcoin is always a priority for the long term.
In fact, it seems to offer a good and long-term return with relative stability for long-term investors and hence is not as volatile as most altcoins in the market. Rather, low stability altcoins can be extremely lucrative when trading in the short or midterm since these tokens continually soar during a bullish market. Therefore, with such alts where opportunities for quick earnings arise and Bitcoin as a long-term investment, it is possible to achieve the best result.
BTC is a trade-off for stability, rather than fast profit.
Alts - vise versa.
It always was that way.
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If you invest in altcoins sell them after getting a desired amount of profit. It can be 20%-100% but if you are investing in bitcoins then hold them tight. Because Bitcoin is growing slowly but Altcoins are growing very fast and falling fast. Altcoin volatility is high. I would advise you to sell your crypto as soon as you get the profit. Because the main purpose of investment is to make profit. So I think it is wise to enjoy the profit as soon as possible
The advice for investors in any coin is to be patient. Because if you take a decision out of patience, you will regret it later. So be it Bitcoin or any other coin, you have to be patient after investing in any coin. Bitcoin prices have to wait until they rent during a bull run. You cannot be volatile and sell at a low price because the price of E is highest at the end of the bull run, so if you sell at the beginning, you will regret later. So all Bitcoin holders should wait till the end of the bull run. However, even if you hold at the end, you have to do it with discretion because the market can go down at any time.
Yes, the market will go down at any time because the crypto market is very volatile and unpredictable. We must be patient if we decide to hold for the long term because if we always see the volatile crypto market, we will panic. It is better if we decide to hold for the long term, we don't need to look at the market but determine when to sell in every 4-year cycle. We can target next year when the bullish season we can sell our coins.
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What advice would you give to someone who is not necessarily a newbie in the crypto space but hasn't benefited much, even with active contributions? They're not much of a trader but are passionately grinding and want to benefit from this bull run.
If you really want to get the benefit of this bull run that we hope and wait for, you should now have potential cryptos or bitcoins that you are holding and waiting for the bull run. Because if we don't hold any crypto assets, waiting for the bull run is irrelevant, right?
Because the real benefit is that we accumulate crypto potential for several years that we believe will provide good earnings in the future, it is certain that even if there is no bull run, we will experience earnings. What if the bull run is really over? We hold many cryptocurrencies besides bitcoin.
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Yes, the market will go down at any time because the crypto market is very volatile and unpredictable. We must be patient if we decide to hold for the long term because if we always see the volatile crypto market, we will panic. It is better if we decide to hold for the long term, we don't need to look at the market but determine when to sell in every 4-year cycle. We can target next year when the bullish season we can sell our coins.
Investors only need a little experience or a few hours of research on the internet to easily recognize that we are in an uptrend rather than a downtrend. This means that long-term investors should buy and hold to profit in this cycle.
Some more experienced traders will choose to trade frequently to optimize profits from market fluctuations, but this is not easy for new investors. Investors simply need to choose the right assets, such as BTC and ETH, and hold until Q2 2025 to benefit from the overall growth of the market. Excessive greed or extreme fear are both enemies of investors during this period.
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Yes, the market will go down at any time because the crypto market is very volatile and unpredictable. We must be patient if we decide to hold for the long term because if we always see the volatile crypto market, we will panic. It is better if we decide to hold for the long term, we don't need to look at the market but determine when to sell in every 4-year cycle. We can target next year when the bullish season we can sell our coins.
In fact, these types of mistakes are more common among new investors, especially because they panic because of small market corrections and sometimes sell their holdings at a loss. I will not deny that these things happened to me when I was new. And as the reason for these happening, I would say our limited knowledge about the bitcoin investment.
Moreover, there is an issue of cell controlling here, for those who have less knowledge and less self-control, investing in Bitcoin or investing in crypto currency is very risky. They go above and beyond emotions to both invest and sell