Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Yeecrypto on December 07, 2024, 02:12:23 PM
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We’ve all been shouting about the bull run for a while now. But most alts haven’t kept up with BTC’s surges. While we’ve seen random pumps with tokens like XRP, I think the market is warning us that there’s still time to buy more tokens before the big pump.
Personally, I’ve been focused on stacking liquidity and constantly looking for more ways to do so. It seems like there are a lot of events happening to help us stack tokens/liquidity.
I’d love to hear which ones you’re participating in!
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You are probably not aware that some of us are wearing signatures to advertise a service in exchange for BTC. That means some of us earn few bucks for wearing the signature.
While we also engage in gamble the rest of us are also into trading BTC. A few of us maybe just like you buying tokens at every dip just as hopeful as you to make a huge profit in this bull market.
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My social media feeds don't really tell me that liquidity farming is a hot topic right now. Most of them are about meme pumping like crazy and institutions telling retails that they changed their Bitcoin prediction from $100k in 2025 to $2 million or something. If anything I'd allocate more funds to Bitcoin or fiat to prepare when the dominance shift and low market cap alts start to move. I do have some of them in my bags already so I'm quite content with where I'm now. I only stake SOL and other major alts but not hoping too much on it since my volume is too low even for random meme airdrops.
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I am only stacking bitcoin because I so much believe in it and don't want to gamble with my funds on altcoins because the future of bitcoin is very bright as new investors are joining the moving train, so I don't want to end up being a low coiner with little bitcoin in future.
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We’ve all been shouting about the bull run for a while now. But most alts haven’t kept up with BTC’s surges. While we’ve seen random pumps with tokens like XRP, I think the market is warning us that there’s still time to buy more tokens before the big pump.
Personally, I’ve been focused on stacking liquidity and constantly looking for more ways to do so. It seems like there are a lot of events happening to help us stack tokens/liquidity.
I’d love to hear which ones you’re participating in!
You can't blame people for not putting much effort on altcoins, over the years they have not been really able to convince people like the way Bitcoin has been, perhaps the supply and the no team makes it more unique than other altcoins because the team doesn't has to be gready to hold 50% of the total supply, there are many cases of team dumping thier bags
Liquidity! It's a good thing but not for me, I refuse to stake my Bitcoin despite the APY I see in some platforms, it's just difficult to trust a protocol to hold my coins, I will let it stay in my wallet til dy kingdom dy come.
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We’ve all been shouting about the bull run for a while now. But most alts haven’t kept up with BTC’s surges. While we’ve seen random pumps with tokens like XRP, I think the market is warning us that there’s still time to buy more tokens before the big pump.
Personally, I’ve been focused on stacking liquidity and constantly looking for more ways to do so. It seems like there are a lot of events happening to help us stack tokens/liquidity.
I’d love to hear which ones you’re participating in!
In some cases, you will discover that the other coins are not moving along on the same pace with bitcoin except for few, once the bullrun begins, the market becomes more volatile and many altcoins that are well to do will perform well and rises, some may have to wait till their own time for pumping as they may depend on altcoins season or their own period to get pumped by their investors, this same scenario can also be applicable on bitcoin as well.
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We’ve all been shouting about the bull run for a while now. But most alts haven’t kept up with BTC’s surges. While we’ve seen random pumps with tokens like XRP, I think the market is warning us that there’s still time to buy more tokens before the big pump.
Personally, I’ve been focused on stacking liquidity and constantly looking for more ways to do so. It seems like there are a lot of events happening to help us stack tokens/liquidity.
I’d love to hear which ones you’re participating in!
In some cases, you will discover that the other coins are not moving along on the same pace with bitcoin except for few, once the bullrun begins, the market becomes more volatile and many altcoins that are well to do will perform well and rises, some may have to wait till their own time for pumping as they may depend on altcoins season or their own period to get pumped by their investors, this same scenario can also be applicable on bitcoin as well.
most altcoin are not moving at all, bitcoin has been pumping so lately but most Alt coin haven’t performed any impressive performance but the bull run isn’t yet over we still have more time ahead so maybe Alt coin will prove their worth and prove many investors right and help with much profit. But Altcoin you see is not something that will bring much value like bitcoin they will try their possible best but it won’t happen has bitcoin pump but we hope they perform very high enough for investors and traders with the influence of bitcoin. But we still have enough time ahead to wait patiently for the Alt coin pump so if you are holding any Altcoin you can keep it for the pump that will soon come.
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stacking liquidity will not work as long as the price of Bitcoin is rising and the price of altcoins is rising at a much slower rate than the price of Bitcoin. The best thing to do now is to invest in Bitcoin and watch the market to buy some tokens/coins at lower prices before pumping them, once they are pumped the game is over and it becomes a high-risk investment instead of an opportunity.
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Let's say that those who have been in this game for a long time have understood some things, and one of the most important is that you buy when the accumulation phase is at the peak, which is as close to the bottom as possible. Given that cycles still have their predictability, those who understand them have long since prepared for what is happening now and now mostly do not invest too much but sell on the way up.
Of course, the approval of BTC spot ETFs disrupted things a bit, but then again, those who knew what it meant could already sense what would happen months before the approval.
Perhaps the best conclusion of this story is that it is difficult to play this game if you don't know the rules and have no feeling for the moment.
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Practically it's impossible to find which one will survive and rise on this bull run because usually when BTC rise people stacking tokens will dump then to buy BTC so most of them might hit rock bottom and never recover from that. So I would say it's time to accumulate Bitcoin than anything else but who wants to play the risky game can take the gamble but it's their choice and there's no guarantee that their capital even survive.
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I am stacking BTC, i am not really stacking up on altcoins, though i am not discouraging those who are, i don't believe in altcoins, but BTC, and for those who believe in altcoins, they can accumulate it and wait for altcoin season to come. Altcoins can pump very high in their season, but hard to tell which of the tokens that will.
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So I would say it's time to accumulate Bitcoin than anything else but who wants to play the risky game can take the gamble but it's their choice and there's no guarantee that their capital even survive.
for now i have not bought any altcoins to hold i only hold the ones i already had way before the entire bull run starts like you said we really don’t know if an altcoin will do well or up to what extent so there’s always a risk in that but since I already am holding some i do want to see it playout
but for now and the coming weeks, i will ne focusing on trying to buy as much bitcoin as i can
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stacking liquidity will not work as long as the price of Bitcoin is rising and the price of altcoins is rising at a much slower rate than the price of Bitcoin. The best thing to do now is to invest in Bitcoin and watch the market to buy some tokens/coins at lower prices before pumping them, once they are pumped the game is over and it becomes a high-risk investment instead of an opportunity.
depends on pocket depth.
if you can do ten coins $100 usd each for $1000 usd total its okay. but if you can not do this again you over stacked too fast.
I like to be able to do 3 to 4 buys over a few months time if I want to play shit coins.
frankly I have not done this in years.
I stack via mining
btc
ltc
doge
solana in directly vis hotspot
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I agree that this can be the right and the best time to get as many GOOD alts as we are approaching the end of 2024 and the start of 2025, the time when many people are expecting that alts will be doing the dreamed bull run just like what just happened with Bitcoin. I am sure that this is just a matter of time and can even be a self-fulfilled prophecy for the market. While it remains to be good to get into Bitcoin, the potential and the opportunity to get more profits lie with alts but then again one has to be careful in the vetting and selection process as there will be an avalanche of alts that won't budge even when they are seeing the bulls coming their way.
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I have been doing airdrops, the way market is, pretty much everything is valued something that you can make some money by doing airdrops.
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I have been doing airdrops, the way market is, pretty much everything is valued something that you can make some money by doing airdrops.
Airdrops have been hugely unsuccessful for a lot of people. I don't know about your own situation though, have you been able to get anything worthwhile doing airdrops, or are you just hopeful that you may eventually get lucky sometime or the other, eh?
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I have been doing airdrops, the way market is, pretty much everything is valued something that you can make some money by doing airdrops.
Airdrops have been hugely unsuccessful for a lot of people. I don't know about your own situation though, have you been able to get anything worthwhile doing airdrops, or are you just hopeful that you may eventually get lucky sometime or the other, eh?
It's good that you asked this question because I'm also curious about what someone who deals with these kinds of things can expect. I've never done it, but I assume it takes some time and a lot of persistence to achieve any results.
To me, it honestly always seemed like a gamble where you invest your time and hope that some token/coin will be worth something one day - even though in the end it always turns out that time is the most valuable thing we have.
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We’ve all been shouting about the bull run for a while now. But most alts haven’t kept up with BTC’s surges. While we’ve seen random pumps with tokens like XRP, I think the market is warning us that there’s still time to buy more tokens before the big pump.
Personally, I’ve been focused on stacking liquidity and constantly looking for more ways to do so. It seems like there are a lot of events happening to help us stack tokens/liquidity.
I’d love to hear which ones you’re participating in!
The right time to buy the dip was 2 days ago when the market dumped to $94000 and now it is above $100k but alts are still reviving they won't pump until the price of BTC won't stabilize itself. Shortage of assets is a universal problem Everyone wants to buy 1 ETH, 10 Sols and lot of Doge but they only have $500 or $1000 in their liquidity.
Now is not the time to accumulate the liquidity because now it is the time to invest that liquidity. I am not stacking for bull run and not taking any interest in any token too but missing the opportunities is not good.
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I have been doing airdrops, the way market is, pretty much everything is valued something that you can make some money by doing airdrops.
Airdrops have been hugely unsuccessful for a lot of people. I don't know about your own situation though, have you been able to get anything worthwhile doing airdrops, or are you just hopeful that you may eventually get lucky sometime or the other, eh?
I started in crypto with stellar airdrop and have gotten plenty since. People who are unsuccessful with airdrops, it could be due to inconsistency, if you play with every airdrop speculation that meets your eye, you are bound to get lucky in few.
I have been doing airdrops, the way market is, pretty much everything is valued something that you can make some money by doing airdrops.
Airdrops have been hugely unsuccessful for a lot of people. I don't know about your own situation though, have you been able to get anything worthwhile doing airdrops, or are you just hopeful that you may eventually get lucky sometime or the other, eh?
It's good that you asked this question because I'm also curious about what someone who deals with these kinds of things can expect. I've never done it, but I assume it takes some time and a lot of persistence to achieve any results.
Yes, making money with airdrops requires persistence.
To me, it honestly always seemed like a gamble where you invest your time and hope that some token/coin will be worth something one day - even though in the end it always turns out that time is the most valuable thing we have.
They are kinda gamble indeed, requires time but you only need 1 lucky break to make it all worthwhile.
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We’ve all been shouting about the bull run for a while now. But most alts haven’t kept up with BTC’s surges. While we’ve seen random pumps with tokens like XRP, I think the market is warning us that there’s still time to buy more tokens before the big pump.
Personally, I’ve been focused on stacking liquidity and constantly looking for more ways to do so. It seems like there are a lot of events happening to help us stack tokens/liquidity.
I’d love to hear which ones you’re participating in!
The right time to buy the dip was 2 days ago when the market dumped to $94000 and now it is above $100k but alts are still reviving they won't pump until the price of BTC won't stabilize itself. Shortage of assets is a universal problem Everyone wants to buy 1 ETH, 10 Sols and lot of Doge but they only have $500 or $1000 in their liquidity.
Now is not the time to accumulate the liquidity because now it is the time to invest that liquidity. I am not stacking for bull run and not taking any interest in any token too but missing the opportunities is not good.
I got a little bit at 94.3k pretty good grab as I was right at the low
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I got a little bit at 94.3k pretty good grab as I was right at the low
How can you get it?
whether you have already set up a previous purchase at the price of $94.3k or you just saw that drop and then bought it quickly.
The drop to the $90k++ price area happened very quickly, luckily was able to buy it and now it has returned to the price of $100k++
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I got a little bit at 94.3k pretty good grab as I was right at the low
How can you get it?
whether you have already set up a previous purchase at the price of $94.3k or you just saw that drop and then bought it quickly.
The drop to the $90k++ price area happened very quickly, luckily was able to buy it and now it has returned to the price of $100k++
I couldn't buy more Bitcoin, because I gat no extra funds for that. However, I am only stacking the bitcoin I get paid from signature campaign, and I am not ready to sell. I am hoping to get my Christmas bonus from work and I plan to use part of it to buy bitcoin when a dip occurs.
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I got a little bit at 94.3k pretty good grab as I was right at the low
How can you get it?
whether you have already set up a previous purchase at the price of $94.3k or you just saw that drop and then bought it quickly.
The drop to the $90k++ price area happened very quickly, luckily was able to buy it and now it has returned to the price of $100k++
There was a strong drop the day before and I typed in 94.3k but by the time I had typed it in I missed it.
So I just left the small buy and it hit the next day. Almost perfect match to the low I guess you get lucky once in a while. I put in another at 93.3k and left it to stay.
I have big dip buys in at 66k 48k 42k which may never get hit. (I would be fine with that)
k
we are now over 100k and been above 100 for more than 24 hours in a row.
I am forced to hodl until next year as my USA tax laws will really hurt me I lot if I cash in today or the rest of the year.
I do plan to sell a lot in Jan maybe 20% of my holdings.
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I am only stacking bitcoin because I so much believe in it and don't want to gamble with my funds on altcoins because the future of bitcoin is very bright as new investors are joining the moving train, so I don't want to end up being a low coiner with little bitcoin in future.
You may have as well not planing to sell your bitcoins now at the end of this bull run since you’re envisioning more funds in the future through your bitcoin investment and not see yourself as someone with low bitcoin. It is a good thing to invest more on an asset that have true value use case and has more people on board using it for their day to day activities, much more than many of the altcoins that are used today, even those with big market caps and liquidity cannot be so much dependent on like one can depend on bitcoin. Bitcoin is the best way forward when it comes to bitcoin investment, because it encompasses low risk but requires a lot of patient to make profit from them.
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Honestly some of us have already made it in before the bullrun while some get along it while at the middle of it all, some don't even have the privilege as they keep procrastinating upon when it will be more convenient for them to invest in bitcoin and hold or use a particular strategy over it, while we all know that its never an easy task to build a crypto portfolio like that, except we have some alternative source to help achieve it fast.
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I couldn't buy more Bitcoin, because I gat no extra funds for that. However, I am only stacking the bitcoin I get paid from signature campaign, and I am not ready to sell. I am hoping to get my Christmas bonus from work and I plan to use part of it to buy bitcoin when a dip occurs.
unfortunately, there may be many people who experience this, do not have funds when BTC is dropping so that in the end there is no additional BTC accumulation. I was the same, so when the correction yesterday I just looked at the market conditions and left it. and unfortunately, I also did not stake my coins, for some reason, I was not really interested in staking. even though there are several platforms whose staking results may be very worth it and satisfying.
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There was a strong drop the day before and I typed in 94.3k but by the time I had typed it in I missed it.
So I just left the small buy and it hit the next day. Almost perfect match to the low I guess you get lucky once in a while. I put in another at 93.3k and left it to stay.
I have big dip buys in at 66k 48k 42k which may never get hit. (I would be fine with that)
k
we are now over 100k and been above 100 for more than 24 hours in a row.
I am forced to hodl until next year as my USA tax laws will really hurt me I lot if I cash in today or the rest of the year.
I do plan to sell a lot in Jan maybe 20% of my holdings.
You're in luck if you're still holding purchases at $42k or even below today. Bitcoin continues to make ATH and now it has reached a price of $103k++, this is a high price and next year in January as you planned, selling 20% of your holdings it is a good and wise thing to do to get your profit. while waiting for the US tax laws to be better and less detrimental.
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There was a strong drop the day before and I typed in 94.3k but by the time I had typed it in I missed it.
So I just left the small buy and it hit the next day. Almost perfect match to the low I guess you get lucky once in a while. I put in another at 93.3k and left it to stay.
I have big dip buys in at 66k 48k 42k which may never get hit. (I would be fine with that)
k
we are now over 100k and been above 100 for more than 24 hours in a row.
I am forced to hodl until next year as my USA tax laws will really hurt me I lot if I cash in today or the rest of the year.
I do plan to sell a lot in Jan maybe 20% of my holdings.
You're in luck if you're still holding purchases at $42k or even below today. Bitcoin continues to make ATH and now it has reached a price of $103k++, this is a high price and next year in January as you planned, selling 20% of your holdings it is a good and wise thing to do to get your profit. while waiting for the US tax laws to be better and less detrimental.
Hoping for capital gains break next year. Will wait to see what we do by Jan.
I would only do a big sale this year if we jump up to an insanely high number.
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Hoping for capital gains break next year. Will wait to see what we do by Jan.
I would only do a big sale this year if we jump up to an insanely high number.
and today Bitcoin reached ATH again at $106,488, this is also quite a high price but there will still be more if bitcoin still holds up and is able to break through $110k.
Bullish target at $120k-$150k, and that's a price that I think can be achieved if the market stays fine and Bitcoin is getting more bullish.
You need to make a sale when the price has reached that price or is in accordance with the price target you specify.
And congratulations, you have made a lot of profits right now even though you haven't made a sale yet, but this is the best achievement.
(https://www.talkimg.com/images/2024/12/16/DwSpw.png)
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I set multiple ladders and they have a gap.
75k------sold
78k------sold
82k------sold
86k------sold
89k------sold
96k------sold
99k------sold
101k----sold
104k----sold
107k----sold
112k
117k
121k
127k
132k
I mine and earn 0.00088 btc a day. so that stacks every day
I set the the sales small enough that the mining gains a tiny bit more than what I sell.
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I set multiple ladders and they have a gap.
75k------sold
78k------sold
82k------sold
86k------sold
89k------sold
96k------sold
99k------sold
101k----sold
104k----sold
107k----sold
112k
117k
121k
127k
132k
I mine and earn 0.00088 btc a day. so that stacks every day
I set the the sales small enough that the mining gains a tiny bit more than what I sell.
$107k seems to be the highest price you sold at and Bitcoin corrected to $96k.
Some of these corrections are indeed needed to make strong support again to go even higher.
Setting a sales ladder of up to 132k is still quite reasonable and I think this will be achieved over time,
and of course you determine a larger number of sales at a higher price.
And about where you do mining and what mining tools do you use?
0.00088btc/day is quite large in my opinion and of course should be calculated by the amount of energy used if you are using a mining device.
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Its something i also understand that it has not been so easy to gather up money for an investment, not to talk of when what we are having in consideration to invest is a volatile digital currency like bitcoin, we have to set some things right before going for it, and this has to do with the way of the performance of our financial asset to use, how long are we eager to afford using it for crypto investment
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Its something i also understand that it has not been so easy to gather up money for an investment, not to talk of when what we are having in consideration to invest is a volatile digital currency like bitcoin, we have to set some things right before going for it, and this has to do with the way of the performance of our financial asset to use, how long are we eager to afford using it for crypto investment
That is why it is better to ensure you are buying BTC with money you will not be needing in a very long time, i.e. it is better to be a long term investor. Some people buy BTC and they want to make returns the next week, it does not work like that, and for people who do not have too much money, they can use dca to regularly buy what they can afford.
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I set multiple ladders and they have a gap.
107k----sold
112k
$107k seems to be the highest price you sold at and Bitcoin corrected to $96k.
Some of these corrections are indeed needed to make strong support again to go even higher.
It seems like that if you look at these ladders. But it does provide benefits and usually from the increase there will be a correction like what is happening now. When it was sold yesterday at $107k and bought it again during a correction like this, the gap is quite large. I also set ladders of amount to sell, but the difference is around 10 - 12 dollars per target price.
And the correction that occurred this time was also very deep, from $108k down to $95.5k, more than $13k, imagine if you had just 1 BTC to buy and tomorrow the price returned to $105, there would be a lot of profit. Well, sometimes, just counting makes me very happy, especially if I have that much BTC.
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I also set ladders of amount to sell, but the difference is around 10 - 12 dollars per target price.
And the correction that occurred this time was also very deep, from $108k down to $95.5k, more than $13k, imagine if you had just 1 BTC to buy and tomorrow the price returned to $105, there would be a lot of profit. Well, sometimes, just counting makes me very happy, especially if I have that much BTC.
It's not too little with a difference of $10-$20 and I don't think the profit will be much different either.
Maybe it's better to increase the price difference so that the difference can be seen because it's useless to make a price scale if it's just a small difference.
The correction is indeed quite deep because many are taking advantage of them.
This makes altcoins also very affected so that the market turns red.
But this correction is necessary to achieve higher prices.
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I also set ladders of amount to sell, but the difference is around 10 - 12 dollars per target price.
And the correction that occurred this time was also very deep, from $108k down to $95.5k, more than $13k, imagine if you had just 1 BTC to buy and tomorrow the price returned to $105, there would be a lot of profit. Well, sometimes, just counting makes me very happy, especially if I have that much BTC.
It's not too little with a difference of $10-$20 and I don't think the profit will be much different either.
Maybe it's better to increase the price difference so that the difference can be seen because it's useless to make a price scale if it's just a small difference.
The correction is indeed quite deep because many are taking advantage of them.
This makes altcoins also very affected so that the market turns red.
But this correction is necessary to achieve higher prices.
Oops, sorry. I think I forgot to add the letter "k" after the number. Because my capital is only a little, the target ladders are around 10k-12k, this makes more sense. But still see how it develops later, especially if the price is more than $ 125k. Yes, the lowest price today is even at $92,175., a very deep decline. However, when we do not panic and stay calm, it will be much better, rather than panic selling and making hasty decisions.
We are waiting for the price development, whether at the end of this year it will go back up again or sideways first, or be overshadowed by a deeper market drop. In any case, we must be prepared for all conditions that may occur.
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I set multiple ladders and they have a gap.
75k------sold
78k------sold
82k------sold
86k------sold
89k------sold
96k------sold
99k------sold
101k----sold
104k----sold
107k----sold
112k
117k
121k
127k
132k
I mine and earn 0.00088 btc a day. so that stacks every day
I set the the sales small enough that the mining gains a tiny bit more than what I sell.
$107k seems to be the highest price you sold at and Bitcoin corrected to $96k.
Some of these corrections are indeed needed to make strong support again to go even higher.
Setting a sales ladder of up to 132k is still quite reasonable and I think this will be achieved over time,
and of course you determine a larger number of sales at a higher price.
And about where you do mining and what mining tools do you use?
0.00088btc/day is quite large in my opinion and of course should be calculated by the amount of energy used if you are using a mining device.
I purchased a tiny bit back at 93,333.
I mine at a host.
I use 4 antminer t21 miners
I use 1 antminer s21xp miner these 5 miners do BTC and
I use 1 antminer L7 it mines LTC, DOGE, BELS,LKY,PEP
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We are waiting for the price development, whether at the end of this year it will go back up again or sideways first, or be overshadowed by a deeper market drop. In any case, we must be prepared for all conditions that may occur.
And it is also ready with reserve funds to buy back when the decline continues to occur. But I hope that Bitcoin will do a sideways so that there is a chance for the altcoin to make a price recovery to reach a full Alt season this year or maybe next year.
While waiting for Trump to be inaugurated in January 2025 and maybe this will be the crypto market rising again and reaching ATH again.
I purchased a tiny bit back at 93,333.
I mine at a host.
I use 4 antminer t21 miners
I use 1 antminer s21xp miner these 5 miners do BTC and
I use 1 antminer L7 it mines LTC, DOGE, BELS,LKY,PEP
An excellent long position and now it has bounced to the price of $97k, it already gives you a profitable position,
or you will add to your next purchase.
You have an amazing mining machine, The price is quite expensive, and the electricity usage is no less extraordinary.
Will you be able to achieve the ROI of the required electricity costs with the yield of bitcoin or other mined coins?
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delete
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I think I'm done with the crypto shopping and just waiting for that moment when at least one or two of the bets I did will eventually have a 1000X ;D Seriously though, portfolio is almost done but still keeping aside some cash just in case something interesting pops up.
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We are waiting for the price development, whether at the end of this year it will go back up again or sideways first, or be overshadowed by a deeper market drop. In any case, we must be prepared for all conditions that may occur.
And it is also ready with reserve funds to buy back when the decline continues to occur. But I hope that Bitcoin will do a sideways so that there is a chance for the altcoin to make a price recovery to reach a full Alt season this year or maybe next year.
While waiting for Trump to be inaugurated in January 2025 and maybe this will be the crypto market rising again and reaching ATH again.
Unfortunately, what often happens to me is being in a condition of 0 reserve funds when the market is correcting, and this is what I always regret. because I miss the chances to buy in the dip market. but it's okay, at least I don't panic sell and stay calm to hold the asset for longer time patiently. because this is not easy actually.
well, for sideways, yes, we hope so, because usually when BTC is sideways, altcoin seasons will occur. but if you look at the market now, it doesn't seem like it yet. especially before Trump's inauguration, it still goes up and down very drastically often.
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Honestly some of us have already made it in before the bullrun while some get along it while at the middle of it all, some don't even have the privilege as they keep procrastinating upon when it will be more convenient for them to invest in bitcoin and hold or use a particular strategy over it, while we all know that its never an easy task to build a crypto portfolio like that, except we have some alternative source to help achieve it fast.
Actually, you could express a best opinion in your comment. We know that stacking is also one of the best profitable source in crypto currency market. Because we can get best profit from here, if we want to understand in staking correctly in crypto currency market. I think that when bitcoin price or cryptocurrency market will be down, then staking will be very prefer time in crypto currency market. But I believe that bull market will be very losses for staking.
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I think that when bitcoin price or cryptocurrency market will be down, then staking will be very prefer time in crypto currency market. But I believe that bull market will be very losses for staking.
How so? If the market is in red, wouldn't this mean lower returns for staking if you want to liquidate to fiat as often as possible? Not to mention traders will be more cautious and trade less often so if you participate in liquidity farming it will also affect you to some extent. Even if we're talking about long-term farming/staking, since the rewards are usually in tokens/coins then the bear market would also affect the rewards. I'm unsure if you're referring to liquidity farming as mentioned by OP or staking as in locking your token to participate in governance. Regardless, I never saw a crypto trend being negatively affected by the bull market. Heck, even scammers are more active when we're pumping like crazy.
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For now i have no plans to stake in the bag because at the current pump and dump level i am making good profits in a very short term perspective. On the other hand, I am ready to take long term results for altcoins pump so i have them in my bag so this year i want to profit with them.
However, given the nature of crypto markets the prices are subject to high and low market risk and price volatility. Other factors to consider when creating your crypto investment strategy include your experience level, financial situation and investment objectives and risk tolerance. How much will you tolerate if it turns into losses in future!.
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For now i have no plans to stake in the bag because at the current pump and dump level i am making good profits in a very short term perspective. On the other hand, I am ready to take long term results for altcoins pump so i have them in my bag so this year i want to profit with them.
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What short-term trades are you doing now? What altcoins are you trading now?
How much is your short-term trading capital? Is it above $2,000?
What altcoins are you holding long-term? Can you share some information with me?