Bull Market Strategies

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12 Jan 2024
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Time Is Drawing To A Close
As I mentioned several months ago, the initial stages of a bull market are still primarily a period of accumulation. Many choose to interpret this as a bearish continuation. However, if the truth is known, it’s a period of commencement. In other words, this is the time to begin structuring and initiating bull market strategies. It’s not the time to be sitting on your hands.
Maximizing a bull market requires adequate preparation, as well as timeous execution. If you wait too long to position yourself, chances are you will be sacrificing future gains. Once a bottom is in, it’s important to begin scouting for an appropriate foundational zone. Even if a bottom is retested, it’s not that much of an issue. For instance, look how quickly the market bounced after the covid collapse.
It wasn’t long before the market was once again on track, and ultimately headed to higher levels. In other words, now is not the time to get “smart”. It’s not 2022! Caution was to be exercised in 2022, along with bearish strategies. The market has since pivoted. Yes, lower levels can always be retested, in any market, and at any time. However, it does not alter the trajectory adjustment that has already occurred earlier this year.
That being said, a readjustment can never really be ruled out. However, a correction is not indicative of a readjustment. There would have to be numerous points of confluence to adopt such a viewpoint, and until such a time, the market remains in a state of bullish commencement. A bull market strategy that I recently shared is to begin building leveraged long altcoin positions.
Currently, my altcoins of choice are Solana, Cardano, and Polygon. I am considering the addition of a few more top-tier alts for this strategy. When utilizing leverage, it’s best to incorporate blue chip altcoins, as opposed to smaller, and more volatile projects. Yes, I am a big fan of micro-caps, but not for this particular strategy. This brings me to another method I have begun working on.
High-Yield Staking
I recently published an article, “Early Discovery – The Enormous Potential Of Micro-Cap POS Coins”. I address the idea of discovering Proof-of-Stake projects prior to recognition and adoption. Another similar strategy is to begin identifying extremely high-yield staking projects that are currently heavily discounted. Eventually, even obliterated projects will begin to appreciate.
This is provided, that the projects in question have healthy trading volumes, strong communities, and relevant use cases. In such a scenario healthy gains are multiplied many times over by simply compounding the staking rewards. Without inflationary-based models such as staking, wealth creation models within the Crypto space are severely stunted. Regardless of the strategy or approach, an early entry is always paramount.
Essentially, it’s the one true guarantee of surpassing your ROI, and subsequently, irradicating any potential future loss. I have been scouting around, endeavoring to identify some solid alpha for the upcoming bull market. Remember, you can delay it, but you can’t stop it. It’s on the way! In my opinion, it’s imperative to begin positioning oneself now. It will happen suddenly, and you don’t want to be left out.

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Final Thoughts
It takes time to put your plans into action. Furthermore, many strategies incorporate the concept of building, and therefore, take time to set up. Depending on your strategies, as well as the deployment of capital, timelines will vary. For some, months are required, for others, not so long. At the end of the day, you have to look at what still needs to be done, and how long you require to finalize it.
If you are not making use of leverage, it’s safer to be early, rather than late. Of course, these are my opinions and viewpoints. To each his own, I guess. All the best, and see you in the next one!

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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.

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