Post
Topic
Board Altcoin Discussion
Re: Do you trade altcoins during the bull run or just hodl?
by
carlisle1
on 18/06/2023, 17:27:59 UTC

During the bullrun season of course we just trade it because if you trade you can accumulate your favorite altcoins,
so that there are more of them and sell them when they reach a new all time high, but if we choose hodl, then our altcoins are just that.
if you accumulate these altcoins and increase the number of coins, your profit will be much more.
should also understand that accumulating around bullrun might be really bad idea, basically you gonna get higher entry price then anyone else and if you think things will just happen like what you already thought out it to be you might be highly mistaken.
after all, the market might be always showing good sign, bullish everywhere, but that most certainly not long lasting. it'd eventually stuck and getting down again.


Good point. If you continue to accumulate and you are unsure of your future plan, chances are you will be stuck and
might have shaken when a massive dump follows the strong bull.

It's better to have a concrete plan if you are really a good believer of your chosen asset or if you are into long-term investing.

If you look at this venue as your retirement investment and you don't have any plan of selling your assets after buying.