Navigating a bull market requires a trading plan; I've always emphasized controlling positions, including reducing holdings to achieve zero cost, and it's not just talk. After formulating a trading strategy, what you need to do next is to execute it strictly, and your returns in this bull market will not be disappointing: 1: In a bull market, achieving zero cost is ideal. What does zero cost mean? For example, if you entered around the previous comp71 near $144, and when it reached $140, you reduced your position entirely, leaving only profits; this is what zero cost means.
During these two days of adjustment, you remain completely calm; it doesn't hurt you and you won't operate out of anxiety. In simple terms, if the price rises, you have profits in play, and everyone is happy; if it falls, there's no anxiety, and your capital remains intact. This is the advantage of having zero cost.
2: High-quality altcoins should never be sold out completely; aside from black swan events, you won't get a second chance to re-enter at such low prices.
For instance, our previous FET at 1.3, DASH at 35, PEPE at 115, and LPT at 11; unless there are significant negative developments, it's nearly impossible to see such low prices again. If you sold everything last week, it would be a pity. As long as your assets are decent, taking off in the current bull market is just a matter of time. Selling everything is the most painful situation in a bull market. To prevent this, you must keep a base position, strive to achieve zero cost holding, learn to sell in batches, and learn to hold. It's easy to say, but this trading system is something I've strictly adhered to for three years. It's not hard to do; the challenge lies in execution.
No one has infinite bullets. Doubling down on positions and continuing to chase the next hot spot, reasonable planning is what allows you to go further.
3: When completely liquidating a position, you must first sell half before selling the remainder, rather than dumping everything at once. No one in the market can pinpoint the exact top, including the bottom. Look at the first two points again; when to sell out, I believe you will have the answer in your mind!
In the cryptocurrency circle, knowing how to sell is key to reaping the rewards. Timing the top is crucial during a bull market. Once a trend forms, it’s just a matter of time before the price rises, regardless of where you buy. There are many signals for topping, such as frequent trending on hot searches or when the altcoin speculation index reaches a new high in the last cycle or an all-time high. Referring to this data to sell may not get you the peak, but looking back, it is highly likely to be a temporary peak.
The challenge lies in execution; only by taking action can you navigate the entire bull market!
Three altcoins poised to increase tenfold in value! 1.pepe
Pepe Coin has proven itself to stand out in the cryptocurrency market, performing exceptionally well over the past year with an increase of 1518.31%. This performance has placed the token above 94% of the top 100 cryptocurrencies, consolidating its strong position. Pepe Coin has become a key player in this space, ranking 3rd among meme coins and 20th overall by market capitalization. With a circulating supply of 420.69T PEPE and a maximum supply, its current market capitalization is as high as $9.94 billion.
A close examination of Pepe Coin's price chart reveals that over the past 12 months, while its price movements have been volatile, they have consistently shown an upward trend. Notably, it has remained above the 200-day simple moving average (SMA), indicating strong bullish momentum. Active trading highlights the speculative interest driving its rapid rise.
Pepe Coin aims to capitalize on the success of tokens like Shiba Inu (SHIB) and Dogecoin (DOGE) to join the ranks of top meme cryptocurrencies. Since its launch, it has garnered widespread attention, with news about the token constantly making headlines. As its popularity grows, the demand for updates on its development is also increasing.
Market events and news play a significant role in driving PEPE's price movements. For both experienced investors and newcomers, staying informed about market dynamics is crucial. Overall, the astonishing growth and solid market positioning of Pepe Coin have attracted the interest of cryptocurrency enthusiasts, making it a token worth watching closely.
2.XRP
XRP has seized the spotlight with its strong upward momentum. The recent price surge was driven by critical technical breakthroughs and a rekindled sense of optimism within the cryptocurrency community. Rumors about SEC Chair Gary Gensler potentially resigning have further excited the market, igniting hopes for regulatory changes and further boosting XRP's upward momentum.
XRP's recent surge is not merely a temporary spike. It reflects a breakthrough that traders have eagerly anticipated for years. This cryptocurrency has been caught in a descending triangle pattern for nearly four years, leading to prolonged 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 driven an impressive 300.80% price surge.
Today, XRP leveraged a breakthrough of another important resistance level at $2.2, which is a key psychological milestone closely watched by analysts. After a brief pullback to $2.29 for a retest, XRP 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, propelling the price towards the next target of $3.35. Achieving this milestone would represent an astonishing increase of 43.2%, making XRP a cryptocurrency worth closely monitoring in the coming weeks.
3.RAY
Raydium has become a strong player in the decentralized exchange (DEX) field, recently outperforming Uniswap and holding the top spot for two consecutive months. Raydium's monthly trading volume reached about $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 monthly DEX trading volume across all chains, far ahead of 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. In the past 24 hours, the token soared by 22.54%. On November 9, after four consecutive days of rising, 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 capitalization exceeding $1.6 billion, providing substantial returns for investors.
Raydium's dominance on Solana has steadily increased throughout the year, especially since March, as its daily trading volume has consistently exceeded that of its main competitor, Solana Orca. In the third quarter of 2024, Raydium led in daily trading volume on Solana's DEX for the first time, maintaining its dominance for two consecutive quarters. According to industry reports, this success has prompted users and liquidity to migrate to Solana-based DEXs (such as Raydium), consolidating its position as the preferred choice for traders.
