Post
Topic
Board Speculation (Altcoins)
Re: How it everyone feeling during this altcoin crash?
by
JamesDaniel90
on 15/01/2025, 07:31:42 UTC
My plan is to stick with altcoins until this bull run is over , take my altcoin profits this year and then with those altcoin profits buy Bitcoin in the next bear market.
No problem if you prefer altcoins but you should be aware of the potential risks, too.  Wink
Good.. Bearish season is the right time to collect Bitcoin gradually. You can do it with DCA or any other ways.

This is my first proper cycle and for me I chose altcoins as I believe they will give me bigger returns than Bitcoin this bull run so will have to see if that plan works out well for me or not.
What do you mean with "proper cycle"?
Yep. Altcoins have a bigger volatility, that's why it can gain bigger returns. However, we know that altcoins have higher risks. And you must be very careful to decide your target for taking profits. Altcoins future is very unpredictable, it is quite different with Bitcoin.

I am hoping to make 400-500% return at the peak of this bull run and If I hit that target I will be happy , I am just patiently waiting for alt season but have no idea when that will be hopefully soon.
Always make a realistic target for the profits!
TBH, I'm not sure if each altcoin can make a high return around 400-500%.
Keep monitor the price progress of your altcoins. If it is unlikely to increase 400-500%, it is better to change your target for taking profits.

DYOR/DWYOR


By ‘proper cycle’ I just meant full cycle really, I started in January 2022 so been 3 years now for me so it’s my first time experiencing what it’s like in both the bear and bull market.

I feel 400-500% returns for my altcoins are possible, I am not talking about from current prices I am talking from the prices I bought them at over the last few years which are lower then current prices.

But I know not all of my altcoins will see that type of return, some might only see 200% but others could go the other way and see over 1000%. Basically I want a 400-500% average return overall from my portfolio and I know that is possible , currently I am +132% and the real alt season hasn’t started yet - the best months of the cycle are about to happen over the next few months.