Post
Topic
Board Altcoin Discussion
Re: Do you trade altcoins during the bull run or just hodl?
by
woez
on 08/07/2023, 08:23:07 UTC
Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?

If will bullrun will happen next year I would definitely trade what i have been holding, i will take advantage to take profit. Then out of that profit i will wait for the market to go down again and i will invest again. That is the usual cycle of trading when the price gets high then take profit and when the price is low invest on it. Bull run is the best time to take profit from your investment. If you will take profit you might regret it if the market suddenly falls down after the bull run and you will have to wait again for a long time before you could recover from your investment.

All these trading stories are a profit or loss in the end. But, it's a very telling technique and strategy. Yes, the reason is relevant because the profits from the bull run that will be obtained later can be used to enter the market again when the price is right and worth buying. Of course you have been in this field for a long time.