2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
You are doing good mate, investing as long as you have funds is something great in this kind of market now, we are in need to purchase while the bull is in waiting so when it happens we are ready to sell , that is also the strategy many people do now like me so continue your way of thinking and acting.
you can sell it when the coin has exceeded the previous ATH value.
However, in some cases there are some altcoins that have experienced ath in the previous year and did not experience ath in the next bull. You should avoid that coin, because maybe its value will rise more slowly than the others, maybe it will eventually rise but it will take several waves. , while a good one is just 1 wave and it will rise higher.
depending in his plans and target but not like bitcoin various altcoins are not getting their ATH in bull market this is wise to sell them once they hyped and take that chance to gain .
never made yourself greedy because if you do then the chance of losing more than expecting gain is in the table .