Unveiling the Ultimate Altcoin Exit Strategy 🚀
Tired of loosing your gains back to the market?
Welcome back to Wealth Vault. In today’s edition, I want to answer one of the most important questions in cryptocurrency investing. A question that may have crossed your mind, but you will not give it much thought until it is too late—When is it time to sell your altcoins?
We are in the final days of the altcoin accumulation phase. Investors are rushing to squeeze in some last-minute buys at a bargain before the market takes off. Next comes a phase of extreme pumps and face-melting FOMO.
Before you know it, Bitcoin is punching through new all-time highs every other day, and most of your altcoins have increased by 20x to 100x. That is when it hits you, ‘I never planned my exit.’ And while you scratch your head, two, maybe three weeks will pass, and everything will come crashing down, and you’ll be back where you started. How do you avoid this?
We’ll be going into a few factors to consider:
💎 Understanding the Cryptocurrency Market
💎 When And How Do I Know To Press The Sell Button? Key Metrics to Consider
Bitcoin's Influence on Altcoins
Tokenomics
Technical Indicators (3 easy ways to tell the market top)
Let’s get into it.
💎 Understanding the Cryptocurrency Market
The cryptocurrency market, like all other financial markets, follows cycles. These typically last around four years, with a two to three-year bull market followed by a one to two-year bear market. The Bitcoin halving event, occurring roughly every four years, is a key contributor to these cycles, often triggering significant price movements not just for Bitcoin but also for altcoins. The next halving event is expected to take place between late April and early May this year. Â
Market participants also contribute to the dynamics. This will be an important factor to consider in the upcoming bull run, especially with the recent spot Bitcoin ETF approvals opening the gates for institutional and retail investors.Â
💎 When And How Do I Know To Press The Sell Button? Key Metrics to Consider
These are the 3 factors that experienced traders and institutions use and consider when trading, and they keep on winning.
Are you tired of being exit liquidity?
Here are 3 factors to assess when it’s time to sell your bags, so you don’t lose it back to the market.
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