How to Maximize Profits this Bull Run

[Goldynn89]

Everyone wants to make as much h money as possible but certain small mistakes hinder that, especially when all you see is greens in the market.

The most important point to remember that unrealized profits isn't yours. Take profits regularly.

It's also important to just be a holder in a bull run. Each coin will have its time and jumping from one to another will make you lose out.

 

[riberet19]

One of the best ways to maximize profits from my point of view is to take advantage of the rebounds that the bull market usually has to continue buying back and selling at overbought points, I think that also risking on newer projects can be a good option, since in a bullrun everything usually goes up regardless of whether it has such good fundamentals.

 

[Suba]

To be able to maximize profits during bullruns, it is usually only done on high-risk investment instruments, investors will take small profits, such as when the BTC price reaches $44k you can sell/swap with stablecoins as much as 10% of your Bitcoin portfolio, and if the BTC price reaches $50k then you can sell around 20-30% of your BTC, and you can buy back when the BTC price drops which is likely to happen in February.

 

[neku]

It is very difficult to predict when the crypto has reached its peak for the year or period. Sometimes the price keeps increasing, and holders who withdrew early regret that they did not wait.

 

[Suba]

No one knows when crypto will peak, that's why I decided to take profit from part of the crypto portfolio that I own, for example 10% to sell or swap with stablecoins. if the price continues to rise we can add a percentage to be sold.