There are few things we should keep in mind as history can and will repeat itself. The first time we reached and crossed the half trillion dollar mark we began to get a crazy amount of buzz and interest from those who otherwise would say no. Also around this mark is when we began to see the top 10 coins really separate themselves from the rest of the pack.
So here are a few things to enjoy great gains and be protected from flash crashes.
Always keep a portion of your holding in BTC. This will allow you to grab cheap alts on the fly case of an emergency.
Secure you initial investment as soon as possible. Once you have secured this, all other trading decisions become easy.
Don't try and ride every train. There will be plenty of coins that will go bananas if you miss one just wait for the next.
Following these principles have always kept me safe and not forced to sell at a loss. I hope they help you all as well
Follow me @crypto2crypto
i ALWAYS hold BTC LTC ETH.. others - depends!
I am not a fan of ltc as it doesn’t usually hold up as well, but I do hold 40% btc at all times.
Sounds like a lot but this principle has taken me VERY far.
Good advice . It can brinh discipline into portfolio too.
As a rookie investor, I used to NEVER hold any BTC/ETH and just go for moonshots. I feel like I've learnt my lesson during the last bear market where I took a 89% beating from all time high to lowest point due to shitty day trades, investing in COSS which went from $2.40 (first buy in) to $3 back down to around $0.15 and other small market cap coins.
I know that it was tough to go through, but this lesson will keep you strong in the next round.
Great advice as usual. I need to figure out how to get a bigger portion of my stack into btc, have it wrapped up in some longs. I plan to be more aggressive about taking profit and also to try to pin point early on which coins the new retail investors wll look at whereas last time we got a new wave of investors i stayed in my solid tech.
This will be a tricky bull run as most of us are still sour from this past bear. Also profit taking in solid tech is so tough to do.
that is the hardest to take profit from, i agree. the others you know the future isnt bright, but its hard to tell when is a good time to take profit when you think the future is bright.
PIVX LOL!!!!!
Not going crazy about anything and staying realistic and calm should be no.1 of crypto savoir vivre.There are plenty occasions but plenty traps on the market and during the massive grows you can earn but also lose a lot.Really good tips especially securing your initial investment😋📈
It has saved me and I hope it will help others.
I think its an indication of the rising trend!
Every one be.a hodler!
Don't be a jerk :3
shoot Im far from a true holder. I take profits often,
Bitcoin is closing to 10000, whats the next stop? What you say?
Informative.
Thankyou for the advice.
Its great advice, but the majority of my portfolio is BNB that i think also holds good altough it doesn't rally as much as some ALTcoins.
Solid hold for sure, massive gains probably not.
I keep little in BTC but more in ETH and ofcourse my dear steem thanks for the advicr
No worries.
I always keep a little in BTC, a little less in ETH and even lesser in XMR. They are my constant companions and watch over the rest of my portfolio like silent sentinels :-)
You know it, always keep a solid stash on deck
@crypto2crypto thanks for the advice, it's going to be really helpful for guys like me who are kinda new to crypto.
Dear SR @crypto2cryto,
Thank you so much for posting so beautiful.
SIR was very good for your posting. Because you get many benefits with the right information, so thank you very much for posting so beautiful and helping others by providing such information in the future.
Good investment advice. if anyone follows this, profit all the way
thanks for such incredible tips friend, I also trade, sometimes I lose a small percentage in one currency and recover in another, but I have done well, I am in a group of signals, and sometimes I pass many signals and I want to be in all (generally there are coins with excellent projection), and even though I can almost never, either to protect part of my capital or simply because I do not see the need to be in all of them, but I do my own analysis and make my own decision of which I will enter, I see that you also do it, good way to trade my friend, it continues like this, it continues @crypto2crypto
Signal groups are a quick way to go broke.
hahahahahahahaha so far I'm not complaining friend, I've done well, I invite you to see my post and I hope you can vote my content including the comments I make, always very attentive to what you post. @crypto2crypto
I always keep a portion of my holding in BTC ,thank you for your advices and efforts.
we always support you .
Because the Bitcoin market is running at over $ 9500, it can be said that we have to understand some of the most important things here and graph better on coinmarketcap because the main content of our investment is to understand that cryptocurrency and bitcoin are related to each other so that these issues If we do not have good knowledge about this, we can not get the right amount of profit in this market.
Don't sell after a small gain. You will miss out on the largest rise at the end.
Yea that mindset will keep you broke.
The safest part is to keep in USDT and trade according to market news and TA. This seems to me the best strategy.
Some good advice. Although I think we might have to wait a bit more to see us approach the 500B dollar mark, but then again its crypto soo :)
Thanks for your insights :)
Maybe maybe not.
Now fomo will start when people watch crypto market around $500mln.
billion.
Thank you for sharing your valuable advice! I hope to see more in the future therefore I'm following you.
Doing good job like it!!
#3 is really important imo, not every one is allowed to ride the hype unicorn,