Navigating a bull market requires a planned trading approach. I've always emphasized position control, including reducing positions to achieve zero cost, which is not just talk. After formulating a trading strategy, your next step is strict execution; your gains in this bull market won’t be poor: 1: The best practice in a bull market is to achieve zero cost. What does zero cost mean? For example, if you entered around comp71 and the peak was 144, if you liquidated your entire position at 140, everything remaining would be profit; that’s called zero cost.
During these days of adjustment, you will feel completely at ease; it won’t hurt you or cause anxiety that leads to mistakes in operation. Simply put, if the price rises, you still have profits in play, which is a win-win. If it drops, there's no anxiety, and your principal remains intact; this is the advantage of zero cost.
2: High-quality altcoins should never be fully sold; aside from black swan events, there will rarely be a second opportunity to re-enter at low prices.
For example, our earlier FET at 1.3, DASH at 35, PEPE at 115, and LPT at 11; without significant negative news, it’s difficult to see such low prices again. If you sold all last week, it’s quite regrettable. As long as your targets are decent, taking off in the current bull market is just a matter of time. Selling out is the most painful scenario in a bull market. To avoid selling out, you should keep a base position and try to maintain zero cost holding. Learn to sell in batches and learn to keep positions; it sounds simple, but I have strictly implemented this trading system for three years. It’s not difficult to do; the challenge lies in execution.
No one has infinite bullets; doubling down on positions and continuing to chase the next hot spot requires reasonable planning to go further.
3: When fully liquidating a position, always clear half first before selling everything, rather than dumping it all at once. No one can pinpoint the most accurate top or bottom in the market. Looking at the previous two points, you will likely have an answer in your heart regarding when to sell everything!
In the crypto world, knowing how to sell is essential to reap the rewards. Timing the top is crucial during a bull market; once a trend forms, regardless of where you buy, it’s just a matter of time before it rises. There are many signals for a top, such as frequent trending on hot searches and altcoin speculation indices reaching new highs or historical peaks. Using these data points to sell might not get you the highest price, but looking back, it’s likely to be a significant peak.
The challenge lies in execution; you need to take action to navigate the entire bull market!
Layout three altcoins with a future value of 10x! 1. pepe
Pepe Coin has distinguished itself in the cryptocurrency market, performing remarkably well over the past year with a gain of 1518.31%. This performance has placed the token above 94% of the top 100 crypto assets, solidifying its strong position. Pepe Coin has become a key player in the space, ranking third among meme coins and overall 20th by market capitalization. With a circulating supply of 420.69 trillion PEPE and a maximum supply, its current market cap reaches up to $9.94 billion.
A close examination of Pepe Coin's price chart reveals that while the price has fluctuated over the past 12 months, it has consistently shown an upward trend. Notably, it has maintained above the 200-day simple moving average (SMA), indicating strong bullish momentum. The active trading highlights the speculative interest driving its rapid rise.
Pepe Coin aims to capitalize on the successes of tokens like Shiba Inu (SHIB) and Dogecoin (DOGE), joining the ranks of top meme cryptocurrencies. Since its launch, it has garnered widespread attention, with news about the token consistently making waves. As its popularity increases, so does the demand for updates on its development.
Market events and news play an important role in driving the price movements of PEPE. For both experienced investors and newcomers, staying informed about market dynamics is crucial. Overall, the remarkable growth and solid market positioning of Pepe Coin have attracted the interest of cryptocurrency enthusiasts, making it a token worth closely watching.
2.XRP
XRP has captured attention with its strong upward momentum. The driving force behind the recent price surge is key technical breakthroughs and a rekindled sense of optimism within the cryptocurrency community. Rumors of SEC Chairman Gary Gensler potentially resigning have further excited the market, sparking hopes for regulatory changes and further fueling XRP's upward momentum.
XRP's recent surge is not just a temporary spike. It reflects a breakthrough that traders have eagerly awaited for years. This cryptocurrency has been trapped in a descending triangle pattern for nearly four years, leading to long-term consolidation and downward pressure. However, on November 12, XRP finally broke out of this pattern, surpassing the resistance level of $0.58 on the weekly chart. Since then, this breakout has propelled an impressive 300.80% price surge.
Today, XRP has broken through another important resistance level at $2.2, a key psychological milestone that analysts are closely watching. After a brief pullback to $2.29 for a retest, XRP has resumed its rise to $2.34. This successful retest has boosted investor confidence, indicating that XRP's upward trend may continue.
XRP's next major resistance level is $2.4, just 2.6% higher than the current price. A breakthrough at this level could signal the beginning of a stronger bullish trend, pushing the price towards the next target of $3.35. Achieving this milestone would mark an astonishing increase of 43.2%, making XRP a cryptocurrency worth closely monitoring in the coming weeks.
3.RAY
Raydium has become a powerhouse in the decentralized exchange (DEX) space, recently outperforming Uniswap and holding the top spot for two consecutive months. Raydium's monthly trading volume reached approximately $125 billion, nearly 30% higher than Uniswap's approximately $91 billion, solidifying its leading position across all chains.
The platform's rapid growth began in October, driven by its ability to consistently capture over 60% of Solana's daily DEX trading volume. This success reflects a broader trend of Solana surpassing Ethereum in daily DEX activity. In November, Solana accounted for 50% of the total monthly DEX trading volume across all chains, far outpacing Ethereum's 18% share. The launch of V3 in March and the surge in meme coin trading in November further enhanced Raydium's momentum, propelling it to the top of Solana.
Raydium's recent performance has also been impressive. Over the past 24 hours, the token surged by 22.54%. On November 9, after four consecutive days of increases, the token reached its highest point in 34 months at $5.97. This rise made it the best-performing asset of the month, with a market cap exceeding $1.6 billion, providing substantial returns for investors.
Raydium's dominance on Solana has steadily grown throughout the year, especially since March, as its daily trading volume has consistently surpassed that of its main competitor, Solana Orca. In the third quarter of 2024, Raydium led Solana's DEX daily trading volume for the first time, maintaining dominance for two consecutive quarters. According to industry reports, this success has prompted users and liquidity to migrate to Solana-based DEXs (like Raydium), solidifying its position as the trader's preferred choice.
