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    How to take profits like a pro during the upcoming crypto run.

    There are roughly 4 phases during the bull run. They might overlap with each other for a while.

    1. BTC pumps, the rest just sucks ft. ETH. anything vs. BTC pair is tanking, nobody is excited except the BTC maxis cause 99% degens on this sub own alts.
    2. ETH wakes up (+- current situation) and we have a gigantic volatility on ETH/BTC chart, money moves between those 2 + some major alts. ETH folks after being ridiculed for year(s) with BTC/ETH charts, start to get some confidence and we get the classical flippening yelling. ETH is gonna flip/overtake BTC (which of course will never happen)
    3. ETH season is done and we have a situation where money flows from ETH into major alts (top 10-20 by market cap). There will be several cycles not all alts pump at the same time and some alts will have more than 1 pump. Alt season is not starting yet just the top ones are pumping.
    4. Finally once every dead coin and every meme and everything left and right starts to pump we call that an altcoin season. Your granny, your boss and co workers, your uber driver and basically everyone talks about them bitcorns.

    The latter is the top indicator and you should move your money into BTC again. The alt season typically lasts for about 1-2 months so if you don't time it right and are stubborn you'll go all the way down to 90-95% from this cycle ATH (that's basically 99% of you in this sub) when the bear bottom hits you in the face.

    You also don't keep all of your converted BTC when the bear starts, you either sell 50% for FIAT (if you need to buy something in the real world like a lambo or a new wife) or stablecoins. You can park your stablecoins on lending and borrowing platforms and get 10-20% APY while your fiat gets you close to zero APY when you move it to your bankster's place.

    Once the bear is at its peak you use that fiat/stablecoin to buy BTC again because nobody is buying BTC at ATL except the smart asses like you positioning themselves for the next bull run for that 10x cheese.

    Repeat this every cycle, and you're set for life and of course never sell everything in one go during the bull cause nobody can time the top but sell 10%, then 25%, then 40% (close to the global top hopefully) and then the rest -> 25%. Basically, you sell gradually at each local top of your favorite crypto.

    I'll send an invoice to y'all later on, you can thank me later. Ok, bye.

    How to take profits like a pro during the upcoming crypto run.
    byu/cascading_disruption inCryptoCurrency



    Posted by cascading_disruption

    View 24 Comments

    24 Comments

    3. bcyc on

      or…just avoid alt/shitcoins and focus on BTC/ETH. Sure, you may make 10x or 100x on one or few altcoins, but the rest of your altcoins gonna make you lose all, or if not most back.

      Remember, influencers don’t tell or show you the coins that they are down on.

    8. ImSoHungryRightMao on

      People are gonna swoop in with witty comments to moonfarm, but this is pretty solid advice. Well laid out. Thank you, OP.

    9. Agile_Ad6735 on

      Dump it via dca style just opposite of buying it via dca style because it is very difficult to time the top .

    11. halflistic_ on

      What kind of lending / borrowing platforms are you talking about? Like staking? Apologies this is a new part of the process for me

    12. MinimalGravitas on

      How many ‘cycles’ have you been through and do you really think that is enough to confidently assert that the same pattern will play out this time?

      Humans don’t tend to like the unpredictability of the future and so engage in ‘soothing’ strategies to convince themselves that they can anticipate what is going to happen.

      That’s why throughout history people have visited fortune tellers, palm readers, oracles, prophets etc etc. It’s part of why the weak minded fall for charismatic populists in times of unrest and change. We get comfort from tricking ourselves that someone or something can accurately tell us what is going to happen.

      But really, there is little reason to think that crypto is going to play out the same way this time as last time. Even if it makes you feel in control to believe it will.

      Firstly, there has never been a moat between investments in the same way before. BTC and ETH have large institutional investments through ETFs and treasury funds. None of that money is going to move to assets which don’t have those tradfi products.

      Secondly, Bitcoin and Ethereum have, in different ways, now got mainstream adoption at a level that does not correlate to any previous cycle. Visa, Blackrock, Sony, Deutsche Bank etc etc have all built projects onchain that they aren’t going to move.

      I think it is foolish to assume yourself that everything will just play out along the same pattern as last time again. And it is outright irresponsible to try to convince other people that you know what is going to happen.

    13. therealharajuku on

      there’ll be no ALT season, let’s say it altogether.
      99% of people here wishing for an ALT season are just trying to get tf out of their $3 ADA and their $40 DOT.

      Sell your ETH for a profit at its ATH, rotate the cash into BTC when there’s a 10-20% correction, forget the rest.

    16. skYY7 on

      By the way, btc 4 year cycle ends in October. Alts often peak 2-8 weeks after btc.

      Eyes on October and November!

    22. plainsugar1234 on

      Smart profit-taking during a crypto bull run means recognizing the phases BTC leads, then ETH rises, then top alts pump, and finally alt season hits mainstream hype. Don’t sell everything at once scale out gradually (like 10%, 25%, 40%, then the rest) to avoid missing out. When the bear starts, convert part to stablecoins or fiat and earn yield while waiting. Buy back low at bear bottoms. Repeat this cycle, and you’ll ride the waves like a pro

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