Top 10 strategies to make 100x profit this Crypto Bull Run

As the market gears up for the next bull run, crypto enthusiasts are on the lookout for the next big thing that could lead to explosive growth.

This report from Coinpedia brings you a comprehensive guide on how to multiply your profit by 100 times in the upcoming bull run.

Let’s dig into the details!

What is a Bull Run, and why does it matter?

A bull run is a period when most investors buy, prices rise and demand exceeds supply. It’s like a financial carnival where confidence is high, and values ​​are on the rise. This suggests that investors are optimistic or “bullish” about further price increases.

Anticipation is the key to a bull run. Investors are eagerly awaiting signs of the market’s recovery and yearning for the next wave of bullish momentum. It is the calm before the storm, creating an atmosphere pregnant with potential.

The 2024 Bull Run: What to Expect

Bitcoin halving, which occurs approximately every four years, is an important indicator of an impending bull run. This reduces the supply of new Bitcoins, leading to increased demand and rising prices. The 2024 bull run is expected to kick off with this important event.

Ethereum 2.0 promises significant improvements in scalability, security and project efficiency. This upgrade attracts more stakeholders, which contributes to the overall growth of the crypto market. The convergence of Bitcoin halving and Ethereum 2.0 sets the stage for what experts predict will be the biggest bull run ever.

We are here to guide you through the same so that you can get the maximum profits out of it.

The Expected Crypto Boom in 2024: What You Need to Know

The crystal ball is out, and experts are predicting that 2024 is poised to host the mother of all crypto bull runs! Let’s analyze the reasons behind this expected surge:

The countdown to the next bull run is set by none other than the king of crypto – Bitcoin. The scheduled Bitcoin halving event in April 2024 has investors and enthusiasts on the edge of their seats. This cyclical event, which occurs every four years, aligns with historical bullish periods. By reducing the inflow of new Bitcoins, it causes a surge in demand, setting the stage for a spectacular rise.

The impending Ethereum 2.0 upgrade brings a wave of improvements, from improved scalability and security to improved energy efficiency. With features like the Shanghai upgrade and proto-dank sharding, Ethereum is poised to attract a swarm of new investors, potentially driving up demand in the crypto sector.

The macroeconomic landscape paints a promising picture for the crypto market. The introduction of spot ETFs and growing mainstream adoption injects positivity. Technological advances attract more investors, potentially expanding the crypto enthusiast base.

The evolving crypto market in 2024 brings several scenarios to the fore. Bitcoin could rise to unprecedented heights, or corrections could bring prices lower. Emerging projects, such as Solana’s rise and the evolution of DeFi protocols, can redefine market leadership. With these trends, a bull run in 2024 looks more than just a possibility.

Confluence of Bitcoin Halving and Ethereum 2.0

The stars are aligning as the Bitcoin halving event and Ethereum 2.0 upgrade converge. This perfect alignment creates a robust foundation for the impending bull run.

The crypto landscape has matured significantly, with robust infrastructure attracting a new wave of users. Decentralized applications (dApps) are gaining traction among utility-focused users, driving overall growth and setting the stage for a potential bull run in 2024.

Reports suggest that smaller nations and previously distant regions are embracing cryptocurrency. The fusion of AI and crypto generates innovative solutions, captivating a growing user base. The expectation is that this trend will rise even further in 2024!

Master the Bull Run: Top Strategies for 100x Profits in 2024

The echoes of the last bull run, which culminated with Bitcoin soaring to a staggering $69,000 in the late 2020s, still resonate. Now the 4-year cycle theory points to 2024 as the next crypto bull run. Prepare yourself for what could be the biggest financial wave of the decade! Here are our top strategies to help you seize the opportunity:

Educate yourself

Take your time to read about different projects and white papers of the upcoming tokens. Be thorough with crypto and blockchain markets. For example, liquid staking or LSD was the biggest star in DeFi in 2023. LSDFi was predicted by many experts to be the next big thing! Educating yourself will help you make better informed decisions, identify future catalysts and have a better navigational skill in the hush hush of bull run!

Stay informed

Stay up to date with what’s happening around you! LSDs, real assets, meme coins, regulations and everything! Once you need to have basic information such as the nature of the soil and the amount of water a plant needs before you sow it, right? Likewise, one needs to be updated with every small update to withstand the pressure of a bull run. Stalk the market! Start now!

Investment Objectives

Clearly understand your investment goals. Are you in for short-term swings or are you looking at long-term opportunities? Setting goals helps maintain focus in the midst of market hype and guides you to achieve your main goal.

Never invest more than you can lose

In the crypto sector’s high-risk environment, it is crucial not to succumb to emotions. Never invest more than you can afford to lose. Making wise decisions, rather than being swayed by bull run chaos, is the key to navigating the unpredictable market.

DYOR

Before you invest, do your own research. Dive into technical analysis, explore trends, charts and white papers. Manage your emotions and invest your efforts where it counts. With many claiming to be the best, it’s essential to have your research on point to identify a project’s pros and cons.

6. Diversify

We always suggest that you don’t put all your eggs in one basket. Be prepared to diversify your portfolio and invest in different types of projects so that if one fails, the other can save you!

7. Never work with emotions

Emotional investments can be risky! Do not invest with haste and emotions when you see the market rising. Stop for a moment, analyze and invest! We understand that the bull market peak can influence you to invest just one more time. However, never do this without applying analytical skills!

8. Plan your exit strategy

Always have your exit strategy planned! Experts suggest exiting the market once your commitment and target is reached instead of investing ruthlessly and endlessly. The market can see a downturn at any time, so it is important to plan an exit strategy.

Top Altcoins to Consider: Diversify for Success

Ethereum: We are well aware that ETH is the second largest crypto by market cap. It is a key player in smart contracts and Web 3.0. Ethereum is believed to outperform Bitcoin in the next bull run! All that said, the Bitcoin Halving event in April 2024 is the only certain piece of news for the crypto markets hoping for a bull run. With this in mind, we expect ETH to follow suit with Bitcoin and post new ATHs of $6,500 in 2024. However, if the global economic outlook looks rocky in 2024, we can see ETH struggle to reach an ATH and as a result, predict an average ETH price of $4,500 in 2024. If the global economic situation in 2024 takes a downturn taking, we can see that ETH is struggling to regain previous highs, thus predicting a low of $1,800 for ETH in 2024. Cardano: ADA has been one of the top performing cryptocurrencies in the market. It rose by 165.13% in 2023 and by 677.65% since its inception. Crypto enthusiasts are highly optimistic about Cardano’s potential 6000% increase in the upcoming bull run. Dogecoin: A humorous meme crypto, Dogecoin has quickly become a notable digital asset with a loyal community. Despite its meme-related origins, DOGE has shown remarkable growth. In 2023, Dogecoin saw a rise of 34.71%, reflecting a consistent interest and investment in the coin. Dogecoin has achieved an astonishing all-time appreciation of 627.40% over its lifetime, and over the past five years it has soared 4,916.03%. We predict that it will be very profitable in the 2024 bull run. Ripple: XRP is a fast and efficient solution for cross-border transactions, providing a cheaper alternative to mainstream methods. It recently regained investor confidence after winning a legal battle against the US Securities and Exchange Commission. XRP is ready to rule again and we are placing our bets on the token during the next bull run. With a crypto bull run in mind and a positive lawsuit outcome for Ripple, we predict a strengthening in the XRP price. Therefore, experts’ XRP price forecast predicts a price of $1.80 by the end of 2024. Depending on the lawsuit’s outcome and crypto market conditions, it could go much higher and possibly reach $3.10.

Top sectors for the Bull Run: Predict the winners

Layer 2 scaling solutions

After facing challenges in 2023, layer 2 solutions are expected to recover in 2024. With upgrades like Ethereum Cacun, which reduce costs and improve speed, layer 2 solutions are expected to attract significant capital and user activity. This could trigger the bull run as it provides more scalable and efficient blockchain solutions.

Real assets or RWA

RWAs saw a massive surge in capital in 2023, with a meteoric 700% rise in TVL in 2023. Protocols promoting RWA transactions such as Polytrade ($TRADE) and Clearpool Finance ($CPOOL) saw 1038% and 1038% respectively. Given 277% YTD growth. The coming year could accelerate this trend as more assets are digitized, appealing to institutions looking for innovative investment opportunities, thus triggering the next bull run!

Source: CoinmarketCap

AI coins

In 2023, AI coins have conquered the market well. With the success of AI-powered technologies, AI-driven projects got a boost. There have been remarkable performances by coins such as RNDR, AGIX and OCEAN. In 2023, AI coins saw a surge in interest, propelling tokens like RNDR, AGIX, and OCEAN to impressive heights, with 1050%, 646%, and 234% YTD growth, respectively.

This enthusiasm, fueled by AI advances and the performance of tech stocks like Nvidia, points to a robust trajectory to 2024. This AI mania, fueled by breakthroughs in machine learning and GPU technology, sets the stage for 2024, where we can see these coins ride. a bull run as the integration of AI plus blockchain technology strengthens, potentially upending sectors from finance to gaming.

Finally, Coinpedia has put together these top ten strategies to effectively help you achieve 100x gains in the upcoming bull run in 2024. By following these tactics, you might just win big in the busy crypto market of the new year!