Quote from: JamesDaniel90 on Today at 09:40:12 AM

Quote from: Bd officer on Today at 09:08:34 AM

Quote from: JamesDaniel90 on July 18, 2024, 12:05:57 PM

Be interesting to hear how we all plan to profit from the peak of this bull run over the next 6-12 months.

What return will you be happy with?

I feel a 10x overall would be great personally but i do have a few altcoins I plan to hold longer in the hope they can 50x or more.

Investing in altcoins is risky. I don't know which altcoins you invested in. You should not expect much profit, if you expect much profit then you may face losses. In my opinion if you see 4-5x profit from altcoins in the upcoming Bullrun, it will be wise to take profit. Everyone's plan is not the same, everyone has different plans. But don't expect extra profit.

Yes it is risky, but what is someone going to do now just invest in Bitcoin and get a 2x for the rest of this bull run?

Hardly life changing is it. Its ok if you have big money but not if you are a normal person with normal working life and salary.

You can get 10-20x easy in altcoins in the next 6-12 months, some will do 50x if your lucky.

Yes some will go to zero but as long as you are diverse then you will not lose all your money and more likely make a good amount overall.

Diversification is key, among others, I agree. Been there, and many threads talk about it or forget it, but this factor is still here. More good projects mean more good chances to get something out of them. You just need to put big bucks into all of them, or better yet - just put small sums in all of them and see how it goes, even if the profit wouldn't be - that - big, it would be great in the long run, in my opinion.