2024

Stable Coin

Show

Coin

<p>As the crypto markets experience a bullish cycle, the prospect of making substantial profits is enticing. However, amid the frenzy, it’s crucial to have an exit strategy to secure gains and avoid squandering hard-earned profits. <a href="https://twitter.com/0xChainMind/status/1779523634173718801" target="_blank" rel="noopener noreferrer nofollow">CHAIN MIND</a>, a prominent crypto analyst, shares eight essential rules to help investors navigate the 2024 bull run cycle and emerge as winners.</p>
<p><strong>The Importance of Exit Strategies</strong><br>While many educators focus on teaching strategies for profit-making, CHAIN MIND emphasizes the critical role of exit strategies in preserving gains. “Everyone teaches you how to earn, but no one teaches you how to fix profit,” the analyst notes, highlighting a gap in the industry’s educational offerings.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong>The Eight Rules:</strong></p>
<ol>
 <li>Fix Profits in Stages: CHAIN MIND recommends securing profits in increments, such as 20%, 30%, and 50% of the initial investment. While this approach may result in missing out on some potential gains, it significantly reduces risk exposure.</li>
 <li>Avoid Chasing Pumps: With new opportunities emerging daily, it’s easy to get caught up in the frenzy of chasing pumps. However, CHAIN MIND advises caution and suggests focusing on strong trends rather than pursuing multiple false leads.</li>
 <li>Make Wise Risks: Blindly trading without a predefined risk tolerance can lead to catastrophic losses. CHAIN MIND emphasizes the importance of setting a fixed percentage that investors are willing to lose on each trade.</li>
 <li>Maintain Stable Coin Reserves: Allocating 15% to 20% of a portfolio to stable coins may not yield significant returns, but it provides liquidity and reduces overall portfolio volatility. CHAIN MIND reminds investors that “profit is the one you’ve converted into stables.”</li>
 <li>Dollar Cost Averaging: Instead of investing a lump sum, CHAIN MIND advocates for a dollar cost averaging approach, gradually investing smaller amounts over time. This strategy may result in missing some profits but substantially lowers risk.</li>
 <li>Embrace Market Narratives: Understanding and leveraging market narratives is crucial. Rather than resisting trends or seeking uniqueness, CHAIN MIND suggests embracing and capitalizing on prevailing narratives.</li>
 <li>Maintain a Web3 Job: While the temptation to quit a traditional job during a bull run is strong, CHAIN MIND recommends retaining a Web3 job, as it can provide valuable networking opportunities and exposure to the broader crypto community.</li>
 <li>Perseverance: Despite fatigue or perceived missed opportunities, CHAIN MIND encourages investors not to quit. “The only thing guaranteed in life is that if you don’t chase what you want, you are losing,” the analyst cautions.</li>
</ol>
<p>Conclusion: By adhering to these eight rules, investors can navigate the 2024 crypto bull run cycle with a strategic approach, securing gains and minimizing the risk of “ending up with nothing.” CHAIN MIND’s insights underscore the importance of risk management, portfolio diversification, and a disciplined mindset in capitalizing on bullish market conditions while mitigating potential losses.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/how-to-ensure-profit-and-not-end-up-with-nothing-in-this-crypto-bull-run/" rel="noopener noreferrer nofollow">How to Ensure Profit and Not ‘End Up With Nothing’ in This Crypto Bull Run</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

How to Ensure Profit and Not ‘End Up With Nothing’ in This Crypto Bull Run

Table of Contents

CaptainAltcoin

Other articles published on Apr 14, 2024

Bitcoin Regains Leadership as Cryptocurrency Market Recovers from Massive Sell-off

Binance Launchpool Rolls Out Staking and Trading Support for New Layer-1 Blockchain Project

Solana experiences price slump as open interest sheds $440 million

Bitcoin Bonanza Before The Halving? Analyst Sees Pre-Crash Buying Window

BlockDAG Presale Sets Record with 30,000x ROI Potential, Leading Over Telegram’s TON Partnership ...

COMP Witnessed Bearishness; Can Selloff Extend Below $50 Mark?

Join our free newsletter for daily crypto updates!