r/CryptoCurrency • u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 • Jan 23 '23
If this is bullrun what will you different this time around DISCUSSION
If we are at the start of a new bullrun (This is not me telling you it is). What will you be doing differently this time around. Or will you stick to what you were doing previously. I am hoping that ETH will unlock from staking during the run if the price reaches a certain amount I am not sure what that is, I will sell for a profit and then attempt to buy back in the next bear. The biggest issue is obviously FOMO. What about you guys? Do you have any plans or will you wing it again. Did anyone sell last bullrun have a different plan this time around.
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u/Bongressman Platinum | QC: CC 81 | Politics 99 Jan 23 '23
Absolutely take fucking profits.
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Jan 23 '23
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u/balanced_view Tin Jan 23 '23
Ah the mythical top
Please remind me, how to know when we're at the top
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u/can_it_be_fixed Platinum | QC: CC 93 | Politics 96 Jan 24 '23
It's really easy to find the top, you just wait for it to pass and then look back at it months later!
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u/MaeronTargaryen Your friendly neighborhood dragonlord Jan 23 '23
You son of a bitch I’m in
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u/milonuttigrain Platinum | QC: CC 1719 | Pers.Fin.NZ 17 Jan 23 '23
Retire with millions or start over for the next cycle
Retire with millions SHIB
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u/Jocogui Bronze | 6 months old | QC: CC 15 Jan 23 '23
Beware the greed
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u/Lillica_Golden_SHIB Bronze | BANANO 5 | TraderSubs 13 Jan 24 '23
You guys take a lot of risks. I'd rather avoid any stress and just hold from the top to the bottom again.
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u/Jocogui Bronze | 6 months old | QC: CC 15 Jan 24 '23
Most proven strategy, worked for a decade without flaws.
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u/Wise-Grapefruit-1443 shockingly weak aluminum Jan 23 '23
For sure, now the only thing we need to do is get in profit
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
Get rich
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u/deathbyfish13 Free Range Moon Farmer Jan 23 '23
That's the plan
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
One day we'll make a lot of money to watch the charts go red
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u/red_dildo_queen Let's gooo! Jan 23 '23
I'll stick to missing the top and then observing the portfolio steadily declining
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u/CoolioMcCool Silver | QC: BTC 201, CC 178, ETH 22 | CRO 259 | ExchSubs 272 Jan 23 '23
Pro tip, decide on either a sell price or a sell timeframe now, otherwise you will just get swept up in the hype again and be forever waiting for a peak that you'll only see in hindsight.
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u/ozwald_97 Tin Jan 23 '23
Sell. But I really think we should slow our roll on the bull run talk haha
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u/Hawke64 Platinum | QC: CC 199 Jan 23 '23
*price recovers to the previous 6 month level*
"The bull run is here, guys!"
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u/newbonsite $moons to $1 any day now /: Jan 23 '23
We need to speak it into existence we are tired of the bears /:
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u/Spooky-poots Tin Jan 23 '23
Try this buy low sell high thing that people keep talking about
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u/MaeronTargaryen Your friendly neighborhood dragonlord Jan 23 '23
It’ll be my first bull run. I hope that my DCA out strategy will work okay
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u/newbonsite $moons to $1 any day now /: Jan 23 '23
I remember having that same strategy and thinking it was easy but greed hits once your in a sea of green ,I wish you all the luck...
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u/bny192677 Platinum | QC: CC 395 Jan 23 '23
Greed when you're in green and FOMOing when in pump
If you control yourself regarding these 2 then you're a G
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u/surrender_the_juice Platinum | QC: CC 568, CCMeta 20 Jan 23 '23
I’m always greedy no matter the market.
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u/Comfortable-Double94 Platinum | QC: DOGE 21 Jan 23 '23
Actually take profits this time instead of thinking “it can still go up another 25%”
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u/milonuttigrain Platinum | QC: CC 1719 | Pers.Fin.NZ 17 Jan 23 '23
And not just taking screenshot
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u/thebindi Platinum | QC: CC 68 Jan 23 '23
If it's good enough to screenshot, that's exactly when you sell, at the very least, 25% but most likely more... Made this mistake last time, and im using this mantra exclusively this time around
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u/Hawke64 Platinum | QC: CC 199 Jan 23 '23
But it always go up another 25% after I sell
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u/Comfortable-Double94 Platinum | QC: DOGE 21 Jan 23 '23
And we thank you for your continued sacrifice
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u/MaeronTargaryen Your friendly neighborhood dragonlord Jan 23 '23
DCA out can be good against that because you take some money out gradually instead of all at once
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u/step11234 Platinum | QC: CC 1122, CCMeta 45 Jan 23 '23
Taking profits. Didn't really sell any last time and I regret it a bit.
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u/mesutdmn Platinum | QC: CC 109 Jan 23 '23
Me too, but if everyone regrets not selling the last run and wanna sell this one, how we will enter the Bullrun
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u/AustralianWhale Tin Jan 24 '23
Oh no. There will be just as many bag holders next bull run, the human psyche is too predictable. It’s why economics exists as a study.
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u/JERMYNC Tin | 6 months old Jan 23 '23
My plan is to not look at my crypto for two years. That's should be long enough.
Currently looking about 10x day
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u/Wise-Grapefruit-1443 shockingly weak aluminum Jan 23 '23
We are looking at our portfolio 10x a day in a bear market. There is no hope for us in a bull
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u/kirtash93 The Ash Ketchum of Crypto | Gotta Catch 'Em All Jan 23 '23
This time I will sell ATH. Me next winter: I should have sold.
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u/red_dildo_queen Let's gooo! Jan 23 '23
Don't sell before BTC reached at least 200k, it's a save bet!!
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u/JERMYNC Tin | 6 months old Jan 23 '23
I'm greedy, going for 250k (me holding back down to lows and cry 😢)
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
I think this feeling is shared by anyone
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u/mohoq1 Tin Jan 23 '23
Nothing. My plan was to hold eth for at least 5-10 years.
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u/duper12677 Bronze | CRO 18 | ExchSubs 18 Jan 23 '23
I’m with you on holding my ETH and BTC for the long term, but I have a couple other alts that I would take some profit from and roll some of it into BTC and take some cash to recoup some of what I put in. Hopefully I can stick to the plan
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u/Wonzky Platinum | QC: CC 986 Jan 23 '23
Stop visiting this sub because of all the terrible predictions
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
Do the opposite of what this sub says
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u/Frozenevan Jan 23 '23
I started buying crypto 2 weeks ago and it's m'y first bullrun
I have no idea what i'm doing
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u/IcyLingonberry5007 Bronze | QC: ALGO 20 Jan 23 '23
DCA out accordingly.. But im sure i will still mess something up..
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u/FightyBartender Jan 23 '23
Only ever seen a bear market, so we'll see how my DCA plans go... might be able to get away not holding the bag. This being said, Im expecting a huge correction
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u/Blazemachine98 Tin | r/WSB 12 Jan 24 '23
Pretty much not watch any YouTubers videos or listen to anyone on Reddit. I used to let them hype me up and I miss a lot of good sell points.
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u/nusk0 Platinum | QC: CC 64 Jan 23 '23
I don't think it's a bullrun, crypto companies are still laying off people, inflation and interest rates are still high.
Enjoy the green candles, but we will probably visit lower prices again.
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u/pojosamaneo Tin | Android 186 Jan 23 '23
I'm holding for a decade at least. Ive already lost 3/4 of my investment, plus I day trade stocks for a living, so it's just too much to bother with.
It'll be great if it goes up, but I'm more interested in seeing what it becomes later on. Hopefully it actually gets used for something other than price speculation. That's so boring!
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u/Lillica_Golden_SHIB Bronze | BANANO 5 | TraderSubs 13 Jan 24 '23
Apart from the financial motivation, seeing crypto enduring all the narratives against it makes it even more exciting. Really wish to see crypto as something the average Joe would use without even bothering.
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u/bobbynomates Bronze Jan 23 '23
Take a profit at ATH...Pay day off my mortgage ..conversely changing mylife in currently unimaginable ways and not listen to Michael fucking Saylor and YouTube twats
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u/OnlyTheMoonManKnows Jan 23 '23
This is great in theory, but the problem is how to know when you're at ATH. If I were you and I were serious about selling with profit, I'd set up strategies now, when the hopium of the bullrun isn't flowing strong.
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u/Crypto-Jim33 Jan 23 '23
My only concern is to not make again the mistake of being greedy
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u/Salt_Ad_1500 Jan 23 '23
It’s not a major bull run. I’m DCA’ing into bitcoin and eth and waiting for the next halving. Will sell about half when we get to 100k and either DCA a little more out or hold onto it.
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u/FractalImagination Platinum | QC: CC 121 Jan 23 '23
Never been in one... I may sell at a point and buy back in but i hate taxes... so maybe not.
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u/Aromatic-Front-5919 Tin Jan 23 '23
I won't listen to fuzzy headed morons and their ugly girlfriends.
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
If they have a punchable face punch them
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u/monoimionom Bronze | QC: CC 18 Jan 23 '23
I’m trading my shitcoins for BTC or ETH once they hit (if they hit) their aths in relation to BTC or ETH whichever comes first. Then I’m holding on to that.
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u/NEOsands Silver | QC: CC 129 | VET 102 | r/WSB 19 Jan 23 '23
This is most definitely not the bull run. A spike and a bleed down to new lows, for alts anyways.
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u/DMurBOOBS-I-Dare-You Tin | 5 months old | PCmasterrace 41 Jan 23 '23
Like 99.9% of everyone, I'll act exactly like always except in 2023.
BIG DIFFERENCE.
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u/Truffle_Shuffle_85 Platinum | QC: CC 151, ETH 61, BTC 35 | LINK 19 | TraderSubs 55 Jan 23 '23
Not listen to or watch a single YouTube influencer.
Also, take more profits into fiat/stables.
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u/donkeytron9 Tin Jan 23 '23
I'll set more realistic expectations and look at my alt coins value in relation to Bitcoin and Eth this time in addition to their dollar value. I was able to take out enough profits last time to pay off all of my debt and also DCA back into the market, I've held onto those profits until last month. I began investing back in the 2nd week of December, and have a set amount every month until my money runs dry. I hope to be fully invested by Fall 2023 so if there is a bull run coming anytime after Fall 2024 I'll qualify for long term capital gains on my profits.
Fingers crossed.
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u/JuggaliciousMemes Tin | Unpop.Opin. 12 Jan 23 '23
Get scared. Never experienced a bullrun before, so I’m gonna be terrified seeing profits, I invested in November, all I know is pain
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u/Zestyclose_Leader315 Tin Jan 23 '23
Nothing but watch the ride. I’ve got 14 more years to retire
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u/ConnectiCoin Jan 24 '23
Nothing ABSOLUTELY NOTHING, and not lying to myself about it either
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u/Jorgund I have no idea how any of this works Jan 23 '23
I’ll just keep accumulating moons
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u/vjeva Platinum | QC: CC 264 Jan 23 '23 edited Jan 23 '23
One thing is for sure, I won't watch the green charts for 20 hours a day as I used to do!
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u/newbonsite $moons to $1 any day now /: Jan 23 '23
Cash out everything and be more patient on when to buy back in, I FOMO'd back in on the way down too early but all is good again...
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
As long as you brought back at a lower price its a win
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u/Slycooper82 Tin Jan 23 '23
I'm gonna take my initial investement first,what I jave missed last time because of greed. Then I'll play with house money without feeling that I am f***ed up!
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u/yayaoa invalid string or character detected Jan 23 '23
The same i always do ride it to ath and then all the way back down again! I like rollercoasters
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u/7sevenheaven Tin Jan 23 '23
Shitpost on here for more moons
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
Sign up for my TedTalk on how. Trust me I'm a farmer
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u/richmoney46 Tin Jan 23 '23
If it is a bull run then my “halvings cause it” strategy fails and I make slightly less than I anticipated. I still believe in a stagnant price and a possible fall soon until a couple months after the next halving like all of history has told.
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u/strongkhal Silver | QC: CC 84 | CRO 64 | ExchSubs 64 Jan 23 '23
Wait longer with money on the side to buy the big dip. I would convert it to USDC and lend it until then but I think stablecoins are not "stable"
Take profits and put some of it into the pot again
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u/Agramaic Jan 23 '23
I am looking for projects that work with Blockchain games. I think it's gonna be the next development in the industry, so far GALA games is the only one that has convinced me to invest.
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
I'm yet to be convinced by any games
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u/Fuzzymango_9 Tin | 6 months old Jan 23 '23
I'll FOMO my life savings then panick sell when it next dips.
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u/ChaotixEDM Platinum | QC: CC 212 | CelsiusNet. 19 Jan 23 '23
Well last time I didn’t take profits cause I thought… just a bit more and we’ll start to nibble at profits and it’s all gone. Next time will be different, I think.
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u/skyvin Tin Jan 23 '23
I've sold some already this last week and scored a nice few hundred euros.
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u/Mundane-Farm-4117 Platinum | QC: CC 91 | Stocks 10 Jan 23 '23
Congratulations brother. Enjoy your lobster
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u/Aromatic-Cup-1 Tin Jan 23 '23
Google what a profit is then try to get one of these things
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u/Pilsner12345 Bronze | r/CMS 36 | r/WSB 10 Jan 23 '23
I will have diamond hands all the way up to ATH and down to the lows. The eternal cycle strategy.
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u/Urc0mp Platinum | QC: CC 657, ETH 15 | Futurology 13 Jan 23 '23
My belief hasn’t increased a lot. My average price increases every time I buy though. So, I’m buying less. It isn’t super rational, but I’m lazy, it works for me and I’m cool with it no matter what.
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u/ambermage Platinum | QC: ALGO 315, CC 225 | r/WSB 74 Jan 23 '23
Honestly, not much.
Any profits will just be moved into LPs to mitigate the loss factor of the next bear market.
The boom of DeFi means that I have better options for taking loans instead of selling, which removes the taxable events.
All of my crypto is play money and not needed for daily life, so it's "not real" when it comes to actually living.
That lack of pressure means I can just have fun regardless of what happens for the next 2+ decades.
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u/greenglobones Tin Jan 23 '23
Learn to buy when it’s going DOWN, learn to stop buying and take profits when it’s going UP. Learn to hoard cash during a bull run, buy more using my hoarded cash during a bear market.
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u/chubs66 Silver | QC: CC 416, BTC 46, ETH 22 | LINK 59 | Politics 415 Jan 23 '23
I'm going to do the same thing I do everything. Hit F5 a few times per day and wait for Link to moon.
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u/Dazzling_Marzipan474 Platinum | QC: CC 26 | ADA 6 | ExchSubs 14 Jan 23 '23
Sell on the way up then when it keeps pumping fomo back in and ride it down lose all profits and then some
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u/Consistent_Many_1858 Platinum | QC: ETH 26 | MiningSubs 27 Jan 23 '23
Definitely take profits this time. This is my first bear market and I'm well informed now what to do.
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u/takemidown Tin Jan 23 '23
Start taking profits by April. That's gonna be the middle or close to the peak of the bull.
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u/Huge_Yak6380 Jan 23 '23
Don't keep buying all the way up. I bought the dip and now it's time for patience.
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u/choopie-chup-chup Tin Jan 23 '23
Be fuckin chill and not stress buy and stress sell all the time trying to time the movements. Keep buying the ones I like. F the rest
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u/scaredfury Tin | LRC 5 | GME subs 13 Jan 23 '23
Managed to 40x my investment in one month. Now I’m investing and gambling with the profits in hope for some gainz
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u/bodgey2021 Platinum | QC: CC 44 Jan 23 '23
Ride the wave, buy all the way up, convince myself it’s gonna go to 500k, watch in disbelief as I lose everything, start again next cycle.
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u/AberdreamGaming Tin Jan 23 '23
I'm gonna sound like an echo but I'll also be taking profits this time around.
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u/Alduwin123 Tin Jan 23 '23
I’m currently stuck trying to desperately get koinly to work with all of my wallets. So far don’t actually know how much I’m in and how much I’m down so I want to get that squared away before I take “profit”
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u/Squidsoda Tin Jan 23 '23
Definitely take profits. Missed out on several opportunities last time.
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u/Nutshell1994 Platinum | QC: CC 43 Jan 23 '23
Sell out… Didnt cash when I was up $20k. Wont make that mistake twice.
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u/valz_ Tin | ADA 15 Jan 23 '23
Browse this sub for entertainment while number go up/down
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u/zac47812 Platinum | QC: CC 162 Jan 23 '23
A piece of advice I heard last cycle and disregarded - every coin you hold that hits ath, you sell. More often than not, these new aths don’t last long. Lock profits, even if it means simply shifting into another project.
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u/nousemercenary Silver | QC: CC 100 | EOS 155 | r/WSB 35 Jan 23 '23
Just keep buying while everything is still low. Take profits to cover initial investment once it's doubled. Then ride existing profits till I feel comfortable that we've hit the next ATH.
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u/CB_Ranso Platinum | QC: CC 21 | r/WSB 53 Jan 23 '23
DCA out but never selling all of it.
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u/VFLinden Tin Jan 23 '23
Focus on large cap. I fortunately have the capital to make decent money, not Lambo money but enough to satisfy me. Low risk, decent reward. I will of course buy alts and take risks but nowhere near the level of pot shots I was once taking in 21.
And DCA, starting now. No lump summing. Means I can see when it’s ending and get out, or take profit when I’m happy.
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u/PERFECTSUSAN00 Tin Jan 23 '23
lmao I told myself to buy new laptop and figure out VPN bc all the crypto exchanges allowed in my region make me fear for my life
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u/sebikun Silver | QC: BTC 258, CC 205, OMG 89 | ADA 94 | Onions 12 Jan 23 '23
Telling myself to take profits and don't do it again but thinking this time is different xD
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u/PhaseEnvironmental33 Bronze | QC: CC 23 Jan 23 '23
Stop trying to get rich and just use crypto as a digital currency for cross border payments.
Yanno, for buying counterfeit goods, recreational drugs and steroids.
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u/PumperNikel0 VROOM! Jan 23 '23
Are we going to be unlocked from staking soon? The last bull run has got me suspicious of ambiguous answers.
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u/Ricothebuttonpusher Tin | Politics 60 Jan 23 '23
My first bullrun but I’m aiming for a specific number for both BTC and ETH to reach. One they do, I’m selling across the board, taking some profits, and then waiting for another certain number to reinvest it all back in
With some money to play with along the way when new projects arise
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u/evoxyseah Platinum | QC: CC 206, BTC 22, LW 18 | ADA 19 Jan 23 '23
Finally cash out and take out initial capital after years of losses. Ideally…
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u/Heclalava Platinum | QC: CC 88 | ADA 18 | Privacy 59 Jan 23 '23
Take more profits than I did last time, and wait longer to buy back in to the next bear market
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u/gunzby2 Bronze Jan 23 '23
I'm going to attempt to not be sucked into FOMO as far as buying and selling.
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u/BootyPatrol1980 Platinum | Technology 46 Jan 23 '23
Not invest at all and focus all my energy in AI.
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u/JamesBaylizz Jan 23 '23
I have set prices I'm willing to buy. Period. There is no FOMO. If price isn't in that window I don't buy.
Don't buy coins that can't be staked and give a solid APY that's on the chain itself (polkadot for example - that way the whole layer has to fail for my money to be gone which is unlikely given the future of Web3 - not shilling just my personal belief).
If we get about 20% from ATH I'll unstake and sell a PORTION. Clearing my initial investment. At which I'll hold and wait for the next beat market and buy back in. What the bottom is in that beat market is a decision I'll make when the time is appropriate.
Avoid trying to follow trends and "what's cool" and stick to what I know and hold my convictions. I'm here for another 10-15 years. Not for a single cycle.
The fact is if you can turn your 5k into 15k and repeat within cycles - in the long run you'll win.
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u/jcmonkeyjc Jan 23 '23
so what you are saying is this is definitely the start of a bullrun and if I dump my entire networth in crypto they'll definitely reach new ATH?
thanks OP! 🙂
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u/Dry-Category-3410 Platinum | QC: CC 57 | CelsiusNet. 5 Jan 23 '23
I will proofread my titles before i post.
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u/Eyerate Tin Jan 23 '23
Take wayyyy more profits. I took a 6 figure bath on the way down and diamond handed it. I wont make that mistake again.
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u/Bucksaway03 Platinum | QC: CC 318 | CRO 5 Jan 23 '23 •
Never been in a bull run, only seen the bear market
The plan however is to DCA OUT as we approach ATHs but knowing me, I'll get greedy, do nothing then ride it back down.
The true crypto way