Focus & Dedication To Bull Market Strategies

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29 Dec 2024

It’s All About The Exit
In many cases, bull market strategies begin in a bear market. They are called bull market strategies because they mature and are “harvested” in a bull market. However, many of the most effective ideas are born in a bear market. Dedication to the game is long-term. This is why many cannot play the long game. However, short-term gains are often realized in the memecoin market.
The other side of the coin is that enormous losses also incur in the memecoin market. Success in this particular niche is largely due to extensive research and a broad knowledge of the sector and its mechanics. In other words, very few succeed with this investment strategy. Many bull market strategies are about accumulation and the long game, followed by a timeous exit from the market.
If you get the timing wrong, you may have to wait for the next cycle. Choosing to sell once a bear market is well on its way is not the smartest move, unless you actively trade with that collateral and slowly rebuild it. However, very few can achieve this, at least not consistently. Investors need to plan, execute, and follow through to succeed.
Bull Market Ideas & Exit Strategies
In recent months I have addressed the strategy of DePIN mining as an effective bull market strategy. In many cases, this is a zero-cost endeavor and can produce significant gains, especially since the tokens being mined are likely to increase in value as the bull market progresses and matures. This is an incredible opportunity for anyone with a PC or mobile device to acquire free tokens.
There is also the traditional speculation approach, particularly within the micro-cap realm. This can produce significant gains, provided the appropriate projects are identified. Once again, the volatility of this particular sector promotes a strategy that incorporates building positions rather than simply going all in. Investing in blue chips is also a viable move in a bull market.
Thanks to WEB3 many bull market strategies do not require capital deployment. SoFi and P2E are good examples of this dynamic. I remember acquiring thousands of XTM tokens free of charge in 2020. These tokens traded as high as $2.50 in 2021, making this an incredibly lucrative strategy. Furthermore, it cost me nothing. It might not be Torum (XTM) this time round. However, there will be SoFi projects bringing home the bacon in 2025.
Utilizing as many strategies as possible is wise, it increases your odds of a significant win. Any strategy that has experienced noteworthy gains should always be harvested, at least partially. In 2021 I sold half of my portfolio when BTC was trading at $65K. Once it was clear that the market had reversed, I proceeded to move out of my remaining positions. Profit-taking should occur whenever there is a significant increase in value.

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Final Thoughts
Remain focused and active regarding your strategies. Monitor their performance and don’t be afraid of selling a portion of your holdings once they have increased significantly. Nobody ever lost money taking a profit. On the other hand, many lose money holding out too long due to greed. If you sell half of a position, you have secured a good return and yet remain exposed with the remainder. It’s a no-brainer! Catch you next time!

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Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.