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Topic: At what point do you sell your altcoins? - page 5. (Read 801 times)

full member
Activity: 2114
Merit: 182
★Bitvest.io★ Play Plinko or Invest!
i believe it would all depend on the performance of the coin, how many do i hold and for how much did i get it  so it’s difficult to put a specific number on it because of factors aforementioned

personally i would like to have the maximum profit a coin can offer you just have to make sure that you can sell at its peak right before it crashes
jr. member
Activity: 145
Merit: 1
It depends on the coin. I'm holding everything in the long term and waiting for the big results. But I sold DOGE almost right after it became green in my portfolio since I wasn't planning to hold it anymore and don't believe in its future.
member
Activity: 770
Merit: 30
Be interesting to hear how we all plan to profit from the peak of this bull run over the next 6-12 months.

What return will you be happy with?



Is the current price not a bullrun to you because your expectations might cause you a huge loss if you didn’t learn how to take profit properly.

Quote
I feel a 10x overall would be great personally but i do have a few altcoins I plan to hold longer in the hope they can 50x or more.

This is an insane target profit considering that the current price of most altcoins is already near the peak or just 50% decrease. A x10 to x50 price increase means huge volume of fresh money needs to enter in crypto market which I don’t know where you will get it now that ETF is already weigh in the price.

Yes the current prices are in a bull run but we are nowhere near the top of the bullrun yet, we still have many months to go until we see the top price for Bitcoin and altcoins.

10x is not too insane a target, I have been in altcoins a few years now and if you look at the last bull market many altcoins went well over a 10x in the last few months of the bull run and it will happen this bull run too.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Be interesting to hear how we all plan to profit from the peak of this bull run over the next 6-12 months.

What return will you be happy with?



Is the current price not a bullrun to you because your expectations might cause you a huge loss if you didn’t learn how to take profit properly.

Quote
I feel a 10x overall would be great personally but i do have a few altcoins I plan to hold longer in the hope they can 50x or more.

This is an insane target profit considering that the current price of most altcoins is already near the peak or just 50% decrease. A x10 to x50 price increase means huge volume of fresh money needs to enter in crypto market which I don’t know where you will get it now that ETF is already weigh in the price.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
The bear market is many months away maybe even a year away.

We still have the real euphoric stage of the bull run to come and I will be cashing out my profits in them months in either Q4 of this year or Q1 2025.
Yes, the bear market is many months away and it could begin at the end of 2025 or at the beginning of 2026. But expect that most of these altcoins may not get to all-time high which they attain in 2 months or few months ago and this could be a trap for many people. Although, some may still increase significantly but people needs to be very careful.
member
Activity: 770
Merit: 30
I'm not too greedy in holding altcoins, and I have also reduced how long I hold them as the market is not certain. Even now, unless the coin price pumps unexpectedly, I don't have high hopes to the extent of expecting 10X more from a particular coin before I cash out. 
 
What I do this period is pick up a few altcoins within the week, buy and hold them, and once I see 10–50% profit added to my capital, I cash out and wait for the next buying opportunity from either the same coin or another that might give me that opportunity to buy low and sell high later.

So you are more of a trader then which is fair enough but I hold long term , many months.

10-50% is good if your trading but I’m looking for my altcoins to 5-10x over many months and once I see 5-10x return that is when i start to cash out.
member
Activity: 770
Merit: 30
I feel a 10x overall would be great personally but i do have a few altcoins I plan to hold longer in the hope they can 50x or more.
Be careful of altcoins. If bear market comes, it will not be easy at all because they are more volatile. You can be expecting 10x now but the altcoins has done that since 2023 and the beginning of this year to two months back. They may not increase like before but just only few might still increase up to 10 times. If the bear market comes, their fall would be 10 time or more if their present prices.

The bear market is many months away maybe even a year away.

We still have the real euphoric stage of the bull run to come and I will be cashing out my profits in them months in either Q4 of this year or Q1 2025.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
I feel a 10x overall would be great personally but i do have a few altcoins I plan to hold longer in the hope they can 50x or more.
Be careful of altcoins. If bear market comes, it will not be easy at all because they are more volatile. You can be expecting 10x now but the altcoins has done that since 2023 and the beginning of this year to two months back. They may not increase like before but just only few might still increase up to 10 times. If the bear market comes, their fall would be 10 time or more if their present prices.
sr. member
Activity: 574
Merit: 359
I'm not too greedy in holding altcoins, and I have also reduced how long I hold them as the market is not certain. Even now, unless the coin price pumps unexpectedly, I don't have high hopes to the extent of expecting 10X more from a particular coin before I cash out. 
 
What I do this period is pick up a few altcoins within the week, buy and hold them, and once I see 10–50% profit added to my capital, I cash out and wait for the next buying opportunity from either the same coin or another that might give me that opportunity to buy low and sell high later.
member
Activity: 770
Merit: 30
Be interesting to hear how we all plan to profit from the peak of this bull run over the next 6-12 months.

What return will you be happy with?

I feel a 10x overall would be great personally but i do have a few altcoins I plan to hold longer in the hope they can 50x or more.
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