Quote from: DVlog on Today at 01:52:01 PM

I prefer to do DCA when the market is in a downtrend. I tried to buy every dip possible and kept doing this till the coin flipped. If you want to keep my profit booking strategy, then it totally depends on the bitcoin market. As soon as i got confident that bitcoin is at its peak for this bull season it was time to start booking in altcoin too. This is the time when most of the altcoins start pumping and start making new ATH.

Altcoins? Not too bad but you know how manipulative altcoin can be especially when the market is greenish and majority of them will dance to rally around with bitcoin and dump suddenly. I know you might already have a coin in mind but you need to be extra careful especially with the coins in which the team behind the project is anonymous or not very transparent about their identities. Altcoins are some time very good to make profit with but the risk is so high.

Quote from: heartbit.offical on September 19, 2023, 12:51:17 AM

What criteria do you use when buying and selling? Let's share some tips and expertise.

For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.

Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.

The Bitcoin halving is a major event that has historically had a big impact on the price of Bitcoin but you know the relationship between the halving and price isn't a direct one to one correlation but the basic economics of supply and demand come into play. When the supply of new Bitcoin is reduced, it increases the demand for existing Bitcoin and this tends to drive up the price.