How are you guys approaching profits?

[R1dwanRz]

If you are like me, you must be waiting for the altcoin season to be played out with your alt bags for some good profit.. but the question is when, where?

There's some discussion that I heard, that if the fed cuts rate, the market will boom. And I think it aligns with my observation, because now you are seeing corrections in BTC and other alt coins. Which indicates that market will see bullish movement. But again there's also some discussion that there'll be liquidity sweep instead of pumping, not really bullish as they say.

but again, as they say buy the rumor, and sell the news.. Although not that any of that really matters if you are following strategies in your trading, I realized early listings can be a strategy on their own as well, you know why? Well, I have been checking some listings, recently I have come around with LINEA and AVNT listings, before Binance was going to list it, other exchanges like Bitget have listed it 1 hour earlier than Binance, and seeing this creates some arbitrage. I traded it and as you know, that kind of timing shows how being early can change the outcome of a trade.

Though there are so many strategies in trading to make profit, which one of the strategy makes your trading profitable aside from mine?

[Franklyn-wood]

The strategy I will advise you to use when investing in the altcoins market is to dyor before buying any altcoins.
If you don't dyor you might lose your investment. If you are a trader, you must make sure you carry out analysis in the market that will enable you to make profits from the market. This is not fun at all and you don't have to add emotions to anything you are doing in the market. You could lose your money if you don't take advise while learning other ways to be tokens without losing your money to the scam ones.

[Josefjix]

but again, as they say buy the rumor, and sell the news.. Although not that any of that really matters if you are following strategies in your trading, I realized early listings can be a strategy on their own as well, you know why? Well, I have been checking some listings, recently I have come around with LINEA and AVNT listings, before Binance was going to list it, other exchanges like Bitget have listed it 1 hour earlier than Binance, and seeing this creates some arbitrage. I traded it and as you know, that kind of timing shows how being early can change the outcome of a trade.

Though there are so many strategies in trading to make profit, which one of the strategy makes your trading profitable aside from mine?

Don't be driven by the sudden rise in price on newly listed coins, you'll be led astray if you continue to admire or try to chase and catch them, the best strategy is, buy when you get the information of the listing coin early, if you don't get the information, stay far away from it seeing it 24hrs after listing, it will ruin your investment.

If you find the coins to be promising, wait for the coin to retrace at least -70% off or buy after two months few weeks later when the noise is over, and enjoy the next profit.

[Odusko]

If you are like me, you must be waiting for the altcoin season to be played out with your alt bags for some good profit.. but the question is when, where?

There's some discussion that I heard, that if the fed cuts rate, the market will boom. And I think it aligns with my observation, because now you are seeing corrections in BTC and other alt coins. Which indicates that market will see bullish movement. But again there's also some discussion that there'll be liquidity sweep instead of pumping, not really bullish as they say.

but again, as they say buy the rumor, and sell the news.. Although not that any of that really matters if you are following strategies in your trading, I realized early listings can be a strategy on their own as well, you know why? Well, I have been checking some listings, recently I have come around with LINEA and AVNT listings, before Binance was going to list it, other exchanges like Bitget have listed it 1 hour earlier than Binance, and seeing this creates some arbitrage. I traded it and as you know, that kind of timing shows how being early can change the outcome of a trade.

Though there are so many strategies in trading to make profit, which one of the strategy makes your trading profitable aside from mine?

Why i hate trading early listed coins is because, most of them have been listed in the innovative zone, their are sunbject to high volatilities and at the same time the trading fees on them is sometimes crazy high this is one of the reasons i stay away from the newly listed coins regardless of their pumped tendencies.

[OgNasty]

The strategy I have used in the past is to use your income to purchase altcoins you think are bottoming and then trade them for Bitcoin if they experience a period of outperforming Bitcoin.  This has served me well historically.  What I don't do is hold onto altcoins thinking they will ever be better than Bitcoin or adopted in any way.  Maybe they will, and I certainly with I would have bought Solana at $8 and held, but for the most part I view them as hot potatoes.

[Alpen]

Though there are so many strategies in trading to make profit, which one of the strategy makes your trading profitable aside from mine?

My strategy is a sequence of four parts: HODLing, Staking, Derivatives, and Hedging.

First, I buy promising cryptocurrencies for the long term and stake them. Then, I use the staking rewards to speculate on derivatives. I generally only take long positions on higher-risk coins. Finally, I hedge the entire portfolio with Ethereum options and futures.

[Easteregg69]

Selling staking rewards. No plans for the old bag.

How come I get the idea the future has already happened?

[passwordnow]

Though there are so many strategies in trading to make profit, which one of the strategy makes your trading profitable aside from mine?

I wouldn't trade when it's a new listing anymore, I have to be quick like you and so the profitable one that I do is the very simple buy and hold strategy. I only have to wait and if I am already in profit, it's my decision whether I'll sell it or not. But not this time, I've been patient and learned things the harder way and that's why I am taking my time and not being in a haste because it could also repeat the mistakes that I've done before. So far, I am in profit and very satisfied but I don't think that I'll ever recover the former losses that I've made.

[DeathAngel]

People can talk about taking profits too early & whilst that can be true, where you can miss out on larger profits, nobody ever became broke taking profits. There’s a danger of missing out on taking profits if you keep waiting for higher. You may end up in a situation where you get complacent in a correction that keeps going down, then you miss out on profits. Trust me I’ve been there.

[MArsland]

but again, as they say buy the rumor, and sell the news.. Although not that any of that really matters if you are following strategies in your trading, I realized early listings can be a strategy on their own as well, you know why? Well, I have been checking some listings, recently I have come around with LINEA and AVNT listings, before Binance was going to list it, other exchanges like Bitget have listed it 1 hour earlier than Binance, and seeing this creates some arbitrage. I traded it and as you know, that kind of timing shows how being early can change the outcome of a trade.

You are enter to buy while people are ready to sell, so don't get caught up in newly listed coins. Especially since they have already run an airdrop period in the past, so when they are listed, the price is ready to plummet. LINEA and AVANTIS, if I'm not mistaken, are projects that allocate token rewards to users of their ecosystem. It doesn't matter where you trade because if you look at the initial trend at listing, the price will fall.

[seonmo73]

About 5–6 years ago, newly listed coins on exchanges often experienced strong pumps immediately after listing.
However, this is no longer the case. These days, once listing news breaks, the coin often starts pumping on other exchanges
 before the actual listing, reaching its peak beforehand. In many cases, when the coin finally lists on the announced exchange,
the price sharply crashes instead. For this reason, I believe that rather than chasing short-term listing hype,
 investors should now take a longer-term perspective. Only then can these projects sustain themselves and foster a healthier ecosystem.

[Gozie51]

Well, I have been checking some listings, recently I have come around with LINEA and AVNT listings, before Binance was going to list it, other exchanges like Bitget have listed it 1 hour earlier than Binance, and seeing this creates some arbitrage. I traded it and as you know, that kind of timing shows how being early can change the outcome of a trade.

Although they say life is a risk, take it . But I won't trust altcoins to take such a risk. You are lucky that it worked for you but such kind of arbitrage trading is risky. What about if you bought that coin in bitget and before you could transfer to binance and wait for trade to open on it and it immediately dropped in price either due to bad news or dumping that happened in bitget.... I only do arbitrage with stable coin if necessary. Trading newly listed altcoins is risky, some people tried it with trump coin and got themselves to blame.

Though there are so many strategies in trading to make profit, which one of the strategy makes your trading profitable aside from mine?

Definitely not a newly listed token or coin. Btc pair is preferable Holding btc is the best.

[danherbias07]

You cannot rely on rumors. They are doing this for the purpose of hyping the altcoins, but it's not real. You might just end up buying alts that will probably increase in value for a very short period of time.

Asking when? Well, we don't really know. The Altcoin market doesn't rely on the fall of Bitcoin anymore, which happened in the past. Today, there are stablecoins that will catch the sudden fall, and that's why it's hard to predict the market of altcoin when to increase.

[gunhell16]

It’s really hard to rely on hearsay, though most of us are looking forward to altcoin season since the majority of people in the crypto space are holding a lot of potential altcoins.
Hopefully, we can all make a profit from the holdings we’ve been keeping for years.

However, there’s still a risk if it turns out that the altcoins we’re holding aren’t the right ones, or if what we expect doesn’t actually happen when altcoin season comes.
That’s why we need to be sure about what we’re holding as investors.

[FortuneFollower]

You cannot rely on rumors. They are doing this for the purpose of hyping the altcoins, but it's not real. You might just end up buying alts that will probably increase in value for a very short period of time.

Asking when? Well, we don't really know. The Altcoin market doesn't rely on the fall of Bitcoin anymore, which happened in the past. Today, there are stablecoins that will catch the sudden fall, and that's why it's hard to predict the market of altcoin when to increase.

Rumors are said when the work backstage has already been done.

It's not worth it to take them as something worthwhile reacting to.

Only to see the crowd pump up / FUD.

[justdimin]

It’s really hard to rely on hearsay, though most of us are looking forward to altcoin season since the majority of people in the crypto space are holding a lot of potential altcoins.
Hopefully, we can all make a profit from the holdings we’ve been keeping for years.

However, there’s still a risk if it turns out that the altcoins we’re holding aren’t the right ones, or if what we expect doesn’t actually happen when altcoin season comes.
That’s why we need to be sure about what we’re holding as investors.

I am still looking for that altseason but it's getting shorter and shorter timeframe that we have left, we still have time, but we need to start soon. Because usually the four year cycle means that we are going to end up having a bull run for the rest of this three months, October, November and December if we do those then we can do those but that's it then the bear season should be starting.

I believe that we are going to get a lot better but that has to be the most important part. We are going to get great results soon but that shouldn't really be that easy. It's going to be a crazy period but it is not going to be impossible for it to happen. If we can do this then when that happens, it's going to be a lot better.

[wozzek23]

You cannot rely on rumors. They are doing this for the purpose of hyping the altcoins, but it's not real. You might just end up buying alts that will probably increase in value for a very short period of time.

Asking when? Well, we don't really know. The Altcoin market doesn't rely on the fall of Bitcoin anymore, which happened in the past. Today, there are stablecoins that will catch the sudden fall, and that's why it's hard to predict the market of altcoin when to increase.

Investing just because of the rumours might definitely not be the best solution but we can still make profits out of this. We just have to play smart and know which news is just a rumour. We can actually make a quick profit out of it but again, yes there is high risk involved so it is not recommended if we are dealing with fixed funds and are just aiming for profits.

Altcoins have turned out to be a riskier investment for me as I've just made profits in quite a few. Remaining altcoin investments ended up denting my portfolio so I've decided not to invest much into altcoins but to choose only what's trending on the top.

Altcoins are mostly following bitcoin in terms of a pump or dump so I would rather prefer having my investments in bitcoins instead of choosing any riskier altcoins. Few of the major altcoins definitely have potential but there are tons of altcoins now which is making it difficult to sort profitable ones.

[mich]

Well I am not taking any profits with the alt coins right now. I do think there will still be a 'bull rush' for the alt coins so I am not selling any of my coins.

When the next 'bull run' does start for Bitcoin well then I do think I maybe will take some profits. But I do not want to take too much profit because I do know the alt coins will make alot of gains.

[virasog]

If you are like me, you must be waiting for the altcoin season to be played out with your alt bags for some good profit.. but the question is when, where?

The altcoin season is already there but unfortunately most of the traders don't know it. It's not that all the altcoins are pumping, but the overall majority of the altcoins are at good high prices where one should take profits from them.

According to the below chart, the altcoins season index just touched almost 95+ and now back at 82. I am sure it won't stay here for long. Before most people will realize the altcoin season may already be finished. This is how the whales manipulate our mind and we don't take profits when we should 

https://www.blockchaincenter.net/en/altcoin-season-index/

[Nahl]

Some traders which i know has advices me that they says Altseason has been started since the beginning of this month and they says it is not impossible to gets 10x or even 100x profit from our portfolio if we can able to found the good project and if we see from the movement prices some major altcoin who can reach new peak such as ETH or BNB indeed i believe altseason has been started

About how to know early projects which potential for altcoin and got profit from that i think those who have been involved to the market for years has used this strategy for long time and before listed to the big exchanges usually some traders has been buy early and sell it when big exchanges announce which coin will be listing on their market but it's hard to found early projects from altcoin