Topic: At what point do you sell your altcoins? (Read 799 times)

I believe in cashing out at the peak.
We got the vibe when it is PEAK n after the drop down, it's not gonna touch any specific point again.

again - some are traders, some are hodlers & some are collectors. All may have diff parametre.

It is necessary to follow the period for altcoins. A few years ago, Metaverse projects were popular and related altcoins rose a lot. Right now, all of them have calmed down. Similarly, NFT projects were popular for a while and they were preferred. There was a period when DeFi projects were also popular. I think that artificial intelligence projects will be popular and increase in the next bull period. I have already started to collect some altcoins slowly. Of course, any altcoin can be sold if its price increases to the level we want. In my opinion, the only ones that should be held in the long term are Bitcoin and Ethereum.

What you said is true, for me I see altcoin as a short-term investment, no matter how good altcoins pump during bull run they can never be compared with Bitcoin, lets not forget that there is every possibility that highly speculative coin has the tendency of pumping and dumping fast, we all know that altcoins are highly speculative as such investing in altcoin requires a high level of carefulness, as an investor, risk management should be your utmost concern, I don't think that it will be wise to take uncalculated risk because of the feeling that a particular coin may pump due to the hype given to it by the so called influencers, before making some move due to this fact, we should know that influencers are paid for their work done and whatever comes after does not really matter to them.
Know doubt altcoin can make people rich within a short intervals but the problem is knowing the particularly one that can do that, my major problem with altcoin is that no matter how good you think you know crypto, you can not invest in altcoin and feel free, there must be a little fear because of the unforseen circumstance.

Bitcoin is one in a million because it has the ability to make your money more valuable in the future but pump and dump coins can not give you such futuristic concept.

Once the bullish season appear in the market, I will begin to make some plans on how to release all the altcoins am holding at the moment, because they don't stay long like the way Bitcoin use to stay long in the market before it will decrease down for investors to purchase and hold again. It will be difficult for investors to hold altcoins when the bullish season is on ground, but you can only seen beginners holding altcoins like one or two years, because they don't have the knowledge of altcoins before they started holding it.  Ethereum and Solana are the remaining altcoins am holding right now which I know that I will release them for sale before the end of this year, because the price will definitely increase for altcoins investors to experience passive income soon.

Yeah, that was a hell of a ride but that is only just a beginning like you said and there's still more to come from it. Sometimes, it's okay to have a break for a while. It helps us to unwind and then be ready again for another bumpy ride. Indeed that for those who come this far, they shouldn't waste the opportunity but they can just wait a little more and for sure their efforts will get compensated later on. They will get proud of their selves and say that 'Phew ! Good thing I didn't give up' .

It is seems that you bought a lot during those years and it's not just a normal market condition when you bought your coins but it is when there is a bear. You have a good reason to take a rest for a while or until you sold all or most of your coins for profit during the peak of this bull run. It's nice to know that in crypto, there is more than just earning a profit but it can also teach us a lot of things and one of it is like you said, that it can test our patience. The good thing is that we can apply it in other aspects of our lives.

Anyways, it doesn't mean that when we are involved here, we will now only focus here. There is no such rule as that but just like the tagline of cryptos and Bitcoin which was 'freedom', we are still free to roam outside if that can make things more easier for us.

Anyone who's very knowledgeable about Cryptocurrency should know that Bitcoin is second to none and can be more rewarding if one invest heavily on it, I like the fact that you acknowledged that. It shouldn't be compared to an Alt in terms of investment worthiness but then due to some reasons people could still fall back to Alts for investment, well everyone has their choice of assets to invest on but then investing on profitable assets is what matters. In general why many people couldn't invest on Bitcoin is because of it's market value, and would rather invest on Alts that could give them 5x with the low budget funds they've got well it's not a bad idea since some Alts have shown good prospects over time however investing in the right asset is all that matters else the investor might be among those who think crypto is a scam. Well, it's nobody's fault that they couldn't afford to buy and hodl Bitcoin, use the dca method or even invest on (good working Alts) like you stated.

Priority matters my friend. I'm not sure the kind of profit an altcoin can give you Bitcoin will be able to give you such in anytime soon. I mean, will be a quick fix to make 5x on good working altcoins than for you to make that from Bitcoin, that's like making Bitcoin cross above $200k on the market but altcoin can make this happen under some days just that the risk in altcoins are not worth it sometimes but if you invest in good altcoins, you will only worry less about altcoins.

Bitcoin to me right now is capital requirement, you can't get enjoy the versatility in altcoin and Bitcoin. The money you need to make more money in Bitcoin is quite large, though if I personally has the money, I will pick Bitcoin before any other altcoins because it tend to give more yield on the bigger side if you have the power to hold onto 1 full BTC or even more.

As far as altcoin and any asset is concerned seling at any point is a personal decision but lets be sincere every investor  would want to sell when he or she is comfortable and satisfied with the profit have made so far, in other way round, some people invest in altcoin for diversification sake and once their expecation are not in accordance with the results seen, they pull out immediately irrespective of profit made, the thing is that, it also depends on the coin involved, we can't confidently say that we know the particular coin that will pump tomorrow, no matter how good we are in crypto business these pumps and dumps just happens and it takes perseverance and patients to keep holding altcoin, to me,  once there is a little pump in altcoin that I acquired I will pull out the profit and reinvest my capital to avoid total depreciation or lost of my asset as the case may be, the major reason why I will take  the aforementioned decision is because altcoins are not fully trusted although not all of them but dealings with altcoins should be cautiously and carefully done unless as an investor you are convinced beyond reasonable doubt.

In fact, to invest in Bitcoin, you need to plan to hold it for the long term. If you plan to hold until the coming bullrun you can make 2x profit, but it is not guaranteed that you will get 2x profit, maybe less but investing in Bitcoin is very low risk.

Not that the price of bitcoin will not increase in the future, hopefully the price of bitcoin will be more than $1 million dollars in the future, but you need to hold for a long time. Now if you are an ordinary working person then you can invest in Bitcoin in DCA method according to your ability, which at some point in future the investment amount will be big and you can earn a lot of profit.

It's not guaranteed to get 10-20x profit from altcoins in 6-12 months, yes, if you're lucky you can get more profit because you have to take a lot of risk. However, I think it would be wrong to expect 50x profit.

Everyone's plan is unique, your plan will not match mine. I have invested in a few altcoins and will not hold the altcoins for long, will sell in the upcoming bullrun. I will sell when I see 2x profit.

That is to say that based on the current price of Bitcoin, investing on it is not only for the rich, someone that's not very wealthy can also invest in it, all the person just got to do is come up with methods of investment plan, and for some that falls under such category or a person who doesn't tolerate risk, the dca method is not a bad idea cause the salary earner could invest in bits over time regardless of price and still benefit hugely when a massive bull season comes. Well Bitcoin is by far the best asset for invest but their are still some Alts one could invest on in a short-term period and make profits, not all are pump and dumps moreover the growth of Eth has shown that it could be an asset for long-term investment plan and since the dca method is mostly best for long-term plans I think using the dca method for it is not a bad idea if an investor got spare money.

And it's not like it's uncommon or that best tech would even win. We have history full of cases where inferior tech wins (like VHS vs Betamax), or stolen tech gets credited by someone with more influence and money behind them. And since it's probably open source tech that will replace SWIFT (if it even gets replaced), it wouldn't need some private company like ripple to deal with. Because governments don't want to give private companies too much power over their monetary system.

And i know that we are used to the way of coins being the incentive to secure the chain, but i am not sure if that's the only way. It's just the only way we know for now.

If you are a normal person with a working life and salary, you should definitely go for the dca method. Like you said, bitcoin can be life changing if you already have a lot of money to invest in bitcoin since bitcoin is just too expensive.

But this should not discourage people from investing in bitcoin. I would rather slowly but constantly invest in bitcoin than dump a huge amount of money into an altcoin I have no guarantee of making profits.

Diversification is key, among others, I agree. Been there, and many threads talk about it or forget it, but this factor is still here. More good projects mean more good chances to get something out of them. You just need to put big bucks into all of them, or better yet - just put small sums in all of them and see how it goes, even if the profit wouldn't be - that - big, it would be great in the long run, in my opinion.

Yes it is risky, but what is someone going to do now just invest in Bitcoin and get a 2x for the rest of this bull run?

Hardly life changing is it. Its ok if you have big money but not if you are a normal person with normal working life and salary.

You can get 10-20x easy in altcoins in the next 6-12 months, some will do 50x if your lucky.

Yes some will go to zero but as long as you are diverse then you will not lose all your money and more likely make a good amount overall.

Then again, you usually don't know what will happen next, so selling and buying in portions is a good way to go, with money you are willing to spend. Especially if it's done like you, very early and trusting the project you are ready to invest your time and effort in (for months or years).

Investing in altcoins is risky. I don't know which altcoins you invested in. You should not expect much profit, if you expect much profit then you may face losses. In my opinion if you see 4-5x profit from altcoins in the upcoming Bullrun, it will be wise to take profit. Everyone's plan is not the same, everyone has different plans. But don't expect extra profit.

50x is not that difficult if you get in early.

I got in Kaspa at $0.02 last year and sold it by $0.12 - i didn't have a big amount. The price is currently $0.20 but i think it will get close to $1 this bull run so that would have been a 50x had I just held. That was my first and only mistake when it comes to selling too early.

I am currently in an altcoin called Arcblock, got in last year at $0.13 and it hit all time high in May of $4.65 - that gave me a 35x.

It sounds like you are more the trader type which is fine, but I am the buy low, wait many months and sell high type. And in doing this, that is when you can see the big returns.

Innovation doesn't wait, it pushes the boundaries. Those who forget it usually are lost in time, and others take their place.

Something tells me that by the time XRP completely solves their issues with SEC, another project will already replace SWIFT or find a way to work parallel with it, offering the same services as XRP. That is why I will be happy to sell my XRP when sell price reaches my buy price. I have lost all the hopes to earn with that my XRP investment. I can go with trading and reselling/rebuying to minimize losses, but it will take a lot of time and nerves to do that.

For me, 10x is even too much, 3-4x - great, 10 - is overkill, because you can easily spoil everything and lose your profit. But I trade in spot, so, the moves here should be slower, and they are safer.

What are you serious about 50x? I am feeling that 10x is still a very big amount for many crypto traders. We know that 10x comes with huge risk. Nevertheless, I always hold the coins for short-term gains. I target an 8% return on the investment; once that is achieved, I sell the coins. Yes, most of the time I trade with futures, but yes, for this I maintain a good big balance. For this big balance, 8% profit is a good amount. I do trade with altcoins in futures every 2-3 days and target small profits from it.

The sad thing about keeping something like this for this long is the fact that you may actually end up with a loss based on missed opportunity, and not a lot of people talk about that part. I think it's quite clear that we are going to see a lot of missed chances if we do not look at this carefully and I believe that we are not going to like what we get. If he sold beforehand, like not let it go down this much and sold and bought something else, then he could have made a lot more money without a doubt.

Instead, he kept it, and yeah he could profit in the end, which is fine and happy, but it is going to be something that takes too much time and it is going to be a lot less profit than what OP could have made with something else.

Well, congratulations for holding it this long. I am sure it will go back there eventually and you get to sell it, but what comes to adoption opportunities it had, i am afraid that they were pilot programs, and most of the time those lead nowhere.

At the time when crypto was booming "and solving everything", most of the people didn't know what it does, like they still don't do. Companies just didn't want to be left behind, and ordered pilot programs to try some of it out. And as it turned out, decentralized ledger just isn't needed in most cases. It just sounds good, but is too expensive and not sustainable in comparison to other solutions.

I almost participated on XRP "ico" or what ever that was called back in time, (i still got my login info for that site), but i was talked out of it by people saying it's centralized corporate coin (which is technically is). I also didn't understand marketcap at the time and thought naively that max supply was too high, and thought of how little i knew makes me headpalm these days.

Back in time it had a simple use case, and that was transferring large amounts of value between exchanges, because there were lack of cheap, fast and liquid options that would be accepted everywhere.

I doubt that XRP would achieve anything high any time soon or ever. If we talk about XRP, than I am holding it since 2021. Bought it when the price was $1.05. Thought that it will be a good investment if they beat SEC. What I get now is that SEC is beaten, price is way lower, ATH is not even close. I would be happy to sell it for $1.05 again. Indeed XRP is popular, but that is pretty much it. Imo it is impossible to get gains just on popularity. As to technology and opportunities XRP give, are they still demanded?

High risk high rewards right? Provably that decision either could give him learnings or profit. But its good to take action regarding on what possible best situation that might happen in next following months since I think this year is really the best to test up something since many alts might experience to experience bullish situation. Old altcoins might not give a great growth but its fine to acquire it since we already have confident that rug pull schemes will not happen on those coins. Compare to those new alts which we don't know if they could last for long months. There are chances for XRP and Cardano, but I think XRP would reach for that figures first since this is more popular than the other old altcoins in the market.

I agree with the words about XRP, but the alts as a whole rising - that's what I believe to happen in the near future.  We shall see how it will go.

I like your positive mood, but I dont expect altcoin market to rise in few months or in next 6 months as you say. I have already come to terms with the fact that my altcoins will stay with me for a very long time. Reason for that is they are popular old altcoins, while we observe gains of new altcoins. Seems that nobody is interested in old altcoins, like nobody is interested in old technologies and ideas. I have little hope to see XRP price higher than $1, Cardano would ever cost more than $1.5 and Matic to cost $1.5+.

Didn't hear about Alephium, what the idea behind it?

I #HODL Kaspa!! in btc tho! XD

Now I will try to mine Alephium since they added it to oneminers

As I've seen, Monero does have lots of businesses that use it as a payment method, however, why the coins that just lay around and wait their time to shine are "worthless scam"? You can anyway change them and Monero too to some stablecoins, which also can be used as a payment for something.

We are only a few months now from the euphoric stage of the bull run beginning.

You have held this long just wait a few more months and then your altcoins will be be back to where you bought them plus a lot more.

I bought most of mine during the bear market lows in 2022/23 and i haven't bought much last few months i have just been holding. It tests my patience at times just waiting but then I remember what is coming in the next 6 months or so.

My portfolio is still full of old and used to be popular altcoins (doge, XRP, Cardano, Matic), whos price is still havent reached the price I have bought them. Except Ethereum, that I hold since 2019-2021, I am in loss with my altcoins. I would happy to sell them and close deals with 0. I wish I would have stayed with Bitcoin and havent diversified my portfolio.

Agreed. It should be the sum which is okay to spend yet it would be nice to have a 3-4x on it or as you said, even a 30x! Diversification of both the efforts and the money is key.

Terra Luna was a rare occasion when one of the top altcoins got burned.

I have sympathy with those who lost money but not much, I hear many saying it ruined their lives. They should never have had so much money in an altcoin as it was not safe like Bitcoin is.

I have around 20 altcoins and all of them are still alive and well, my worst performer is 60% down but i have some that have given me over 10x return and one that done over 30x return. The key with altcoins is being spread, you should never have the majority of your money in one altcoin just incase something bad does happen to it.

The profit and loss depend on your choice of which altcoin you have invested in. Many altcoins in the market don't pump even when Bitcoin goes up and such coins might not provide you the expected profit margin. There have also been times in the market when people bought quite a lot and later got nothing but losses, such as LUNA and LUNA Classic. A lot of people lost a lot of money in this project.

If you have selected good and healthy coins and bought them when the market was down and you have kept them safe and waiting for the time when the market will go higher, you will surely profit from such investments.

When a trade is done with knowledge and analysis, it gives you profit and when you wait and hold, you get more profit. I have also profited from altcoins many times and I have quite a few altcoins which have always been favourites. I trade on the ones I know well. The rest of altcoins I don't trade much because I don't know that much about them and I don't trust them that much.

I am happy that you found the way that suits you with memecoins. Hope we will see them (the returns ) soon!

Everything's subjective and dependent with investor's risk appetite if I would be asked. Desiring for high profit is not a bad thing because it is either they just believe that much with a project or coin's potential which pushes them to wait for a little longer. Same goes with those who are just wanting to earn a small multiplier on the amount they have invested. Eitherway would be fine as long as you can embrace the consequences of your decisions; selling too early and holding for too long. Profit would be missed on these tendencies and the moment you made a decision whether to hold or sell already, you should be removing this idea to your investment. You may learn from these "mistakes" if you would want to.

Personally I'm good with a x3 with my altcoin holdings especially with newly introduced projects. But with major token holdings in my bag, of course I am expecting for more.

The crypto market is very unpredictable, anytime market can go up or down and when you buy a meme coin or altcoin don't regret selling it because if you have made a good profit, it is also possible you would have waited for it and it would have gone down and you wouldn't have made that much profit. This is what happens when we buy a coin and it goes higher after we sell. We regret that if we held, we could get more benefits. This happened to me too. I bought SOL at the price of $11 to $30.

I sold it at $40 and $45. Last SOL I remember I sold at $55. When I sold all my SOL, the market went up and SOL crossed $100. I also regretted how much more profit I would have made if I had held, but I later explained to myself that this was the coins I bought three years ago and it fell too much. I had to wait three years to get it back, so I should be happy that I got as much profit as I was blessed with, and when the market goes down further, I should buy again.

You can never find the exact point of buying and selling either you will buy for a little higher price or you will sell for a little less profit so it happens to everyone not just you and it's not a problem because we didn't create crypto we don't know what the exit point is.

There are people out there who would be happy with not that high of a profit as long as it is safe. I get it because I would rather not get the highest possible profit if it meant risking losing all my profit so far.
One coin is never the same as the other. As the investor you should learn how to manage each one and take advantage of them.

As long as I'm able to mark up, that's more than enough for me. I'd probably take cover some losses that I've missed on 2021's bull run for being an early seller.

10x is a satisfying feeling. This is possible for altcoins that you'd be lucky to hold. And having that thought that it might grow more to 50x, this is like the early 2017 and 2021 thought for many meme coins. I know that it's still possible to happen as there were folks even thought of having 1000x gain and more. I hope that you have a diamond hands and you'll be able to achieve that goal of hitting a 50x profit. This has happened to many but IMHO as time passes by, profiting to the market with that multiplier is going to get harder through the established projects. And this is the reason why many are optimistic in investing into the newer projects. Well, I don't and I like to go through the traditional investing of leaning towards the established ones.

This is where everyone has different risk levels. Some are happy with a 4-5x and I am not knocking that but I want 10x or more and I don't think that is being too greedy in this crypto world.

I have many altcoin investments, some may go to zero, some may only 2 or 3x but some will 10x or more and that is the fun part of it.

I am just waiting now really, I am mainly done buying so just waiting for the last quarter of this year when we are likely to see great returns again like we saw in the first 3 months of this year.

You are right, but, then again, it could go from 4x either to 10x and >25x or into 0x or even a minus, thus, I am always going with a safe option. At least I try There is a lot that can happen in 6 months with an altcoin, and I am not talking about shitcoins.

It is very possible that you can even get more than 10x, as long as you hold onto your Bitcoin investment for a very long period. Let’s imagine those people who had the opportunity to invest in Bitcoin early, when Bitcoin was still at $100. How many times do you think those who have not yet sold their Bitcoin by now have profited? So, it is very possible to make a lot of money from Bitcoin investment. However, the truth is that you need to be ready to hold Bitcoin for a long period. Making profits in Bitcoin depends on how long you can hold it.


I don't think anybody will deny the fact that altcoins cannot give more than 100x profit within a few months or weeks. However, the truth about altcoins is that they are almost always pump-and-dump tokens. So, altcoin investing is all about gambling. If someone is not lucky enough, they will lose everything they invested. Most of these meme coin projects nowadays in the crypto industry are for scamming people. That is why you need to be eager to make more in the crypto industry by investing all your funds in altcoins. The risk of altcoins is too high. It is not something you can predict like Bitcoin, where you can expect a bull run after halving.


Instead of investing all your money in altcoins, it will be better to invest a small portion of your crypto budget in altcoins and the rest in Bitcoin. The altcoin that you think may fetch you more profit might end up yielding no profit by December as you think. Don't try to be too clever and end up with nothing later.

I have taken profits on my altcoins that did a 42x and 10x. I now have a free bag of these investments and going to hold them for another 6 months at least when they will give me biggest returns in the peak of the bull run.

Depending on how long I leave bitcoin and since I have been holding it, it will determine the amount of X it’s going to do for me. Some people are targeting only the bull run, but even after the bull run is over, bitcoin will still continue to grow, so I don’t really have the intention to sell all my bitcoin in the next bull run, I am planning to hold some for future purposes.

Yeah, altcoins can give you such a mad pump within a short period of time, but I hope you know that the coin that has 42X for you can crash at any moment and you will be left with nothing left. That’s just why altcoin investment is just kind of risky compared to bitcoin investment. If you haven’t sold your altcoin yet, don’t believe the money is yours yet.

Maybe you are just kind of greedy because you said you have to make 42x, 10x, and 3x in some of your investments. Are you not supposed to take your profits from those investments? Some might even crash even before the bull run starts.

In my opinion, knowing when to sell your altcoins is basically a personal decision. It also has a lot to do with the type of coin you are dealing with as well as the age of the coin. Meme coins , for example, have the potential to rise in value (due to hype) within a couple of hours after launch, and can also fall in value moments later. Due to fear of losing, some investors may consider it as an opportunity to sell and make big profit, and if a large number of people are selling, the value of the coin falls just within few hours of rising in value.

On the other hand, investors in old altcoins (meme coins excluded), will not be in a hurry to sell, they will wait for a longer time to make some level of profit before they sell. In my opinion, the type of coin as well as personal decision are key factors that determine at what point you will sell your altcoins in a market place.

You are in Bitcoin of course you are not going to get 5-10x return, u will be lucky to get 2x from current price.

This is why I am in altcoins, I have one that has done 42x, a few that have done 10x and many that have done 3x already and we still have the real euphoria stage of the bull run to come over the next 12 months.

I plan to take my altcoin profits this bull run over the next 12 months and then buy bitcoin with those profits in the next bear market

We should be expecting a bull run during that period, but nobody knows when it’s really going to start. Let’s just keep on accumulating coins, and if you don’t have much money to accumulate, then keep on holding the ones that we are having. A bull run will come at any moment, but nobody knows when it’s going to start.

Which altcoins did you put your money in, that makes you to expecting that amount of money during the bull run? Maybe you should just share with us and see if that amount of profit will be achievable in the next bull run. Most of my investment is in bitcoin, and I don’t expect anything close to the profits that you are expecting in the next bull run. I know altcoins are always giving massive profits, but we should also know that the risk is also high.
 
I don’t expect 10x in any of the coins in which I invested my money, so I am just surprised that you are expecting 50x in some of your altcoin investments.

In my case I am only invested in bitcoin, but I hope to at least sell when I make a profit above 3x. I'm not convinced that in the next 4 years the price of bitcoin will reach 10x but at least I hope that next year the price of bitcoin will rise at least 3x and I will sell a part and continue holding it to see if it will rise more. But if I notice that the price has risen 3x and is showing signs of a price drop, then I will sell everything. I don't buy altcoins because I don't trust altcoins to do hodl, but I confess that I've thought about putting a little money into some altcoins and looking at it as if I were dealing with gambling, something like: "I'm putting money into this altcoin, so I consider this money as lost "

I read Op's comment in which he said that he has already had profits above 10x with some altcoins, this is something good for him, there really are altcoins that give these profits, but it is not easy to find and when you put little money into many altcoins in the attempt If you are lucky enough to find one that gives 40x profit, it is still possible that the person will not find any altcoin that gives that 40x profit and the person will be left with losses.


In this altcoin market, people are smart enough to know that they are investing in projects that are meaningless like meme coins, that's why when people make 50x profits for example and the altcoin falls, they soon abandon the altcoin and go after another altcoin that can make them profit. In other words, it's all about profit and not out of love for the project, because everyone knows that the project is not good, there are few altcoins that have loyal followers, bitcoin doesn't need that kind of thing, bitcoin has loyal followers

You know that altcoins are good when, for example, there is potential for the one you chose to hold until a bull run, just like the situation we have now that, a few months from now, it is possible that the price of Bitcoin will rally.

And when that happens, that's our chance to wait for a little while, and once we see that the profit we're going to make is big, we can exchange it for our money, and that's what I'd call a successful holding of altcoins. and when it's a bear market, it's time to accumulate.

They "can", but how many does? You think that 4-5x is great, but you are forgetting that 90%+ of the market goes down, because you see the ones that go up. There are literally a dozen new tokens every day that you do not hear, all goes to zero, when you hear one that does 4x, remember that there were nearly a hundred, or maybe two hundred, that crashed to zero between the last 4x and next 4x.

So, while I know that if a token goes up 4-5x, it could be easy for it and could look like it was easy, and could be very quick, and then could reach 10x by the end. I also know that its a 1% or less chance for me to find one that will do that. It means that if I make 4-5x or so, I am getting out and that is a good enough goal for me, I do not need anything else at all.

I believe that we are going to end up with much better results, its going to be simple enough to just avoid further bloodshed if I want to just keep with my profit. Trying to make more and more, usually doesn't end up that great for me, and I never understood the logic of it neither, so instead of that I try to make sure that I am dealing with something that's much simpler, meaning that if I make a profit, I just get out in the end quickly.

There is not particular time we are expecting to sell our altcoins but the best time for us to sell without being greedy is when we are already in profits. Altcoins can move very fast and the same applies to falling, so we have to be prepared and know what we are doing so that we don't have to finally lose trying to hold when the market is not in our favour. Making money is what we should be after but we don't have to be greedy because this is one of the factors that can make us lose more in the market. I am always prepared to sell anytime when I think price price might fall anytime which could make my profit end up becoming loses.

I don't think time is a factor for profit but how the profit comes is the factor. I have participated in a public sale of a coin that lasted for two weeks and made 15x and I exit the project quickly because some profits are just one time and if you refuse to used the golden opportunity, that's all for you, no amount of days, weeks and months can make you get back that profits no matter how you hold the coins.

Some coins have proof to be time based like when in bull market that's when you see them go up but most importantly if you see that you have made some money already, there is no need in holding them forever, to even see 10x in this bull run is hard. The only coins that are given significant and huge profits are meme coins but we all know the twist of meme coins, you can make or break doing them.

Altcoins are very volatile, nobody really knows what the price of any coin/token will be in any quarter of the year, especially for the regular investors. Although some dev. teams and major bag holders of some projects can intentionally cash out and leave the project dead. Point is investors that are holding altcoins should understand that there is no guarantee of the prices of the token that they are holding to reach their estimated target price. I believe that the longer you hold altcoins the riskier your investment fund, price can skyrocket to 10x, 100x or dump 100x, 10x maybe become shitcoin. We are entering alt season and there is likelihood of price increases but didn't put your hopes on 100x increase especially for altcoins that have previously reached ATH.

That will depend on what altcoins you hold and, more importantly, at what price you buy them. Many altcoins have dropped more than 60%-70% in the last 2 months and if you buy them at the best discount then you can target the big profits they can bring you. But if you buy some altcoins with no potential, altcoins with high capitalization or buy at high prices, you cannot expect that they can bring you x10 or x50 profits.

In addition, don't forget that high profits come with high risks, so don't be too subjective that when the cow season comes, making huge profits by investing in Altcoin is easy. Not all altcoins can perform well during the bull season, and not all of them will survive until the bull season arrives.

Likely  

I have heard it 10 years ago too while Bitcoin had a much bigger crypto market share than today  
You will say the same thing in 2034 but reality is, Bitcoin will never reach 1 million evaluation due to better competition taking it's place.
https://www.reddit.com/r/Monero/comments/1e1b1r4/monero_crushes_bitcoin_on_shopinbit/

I base my opinions on facts and not hopium so you might disagree.

The price of Kaspa is currently $0.18 , you dont think it can reach $0.50 in the next 12 months during the real euphoria stage of the bull run? Course it can and likely will.

Bitcoin will reach $1m one day , but this will be around 10 years from now.

And they base their research on pure hopium  
There is not even one instance in the whole history of the world where following the herd made you rich.
People think Bitcoin will hit 1 million USD for years now and it's struggling to hit 100k even after recent halving.

Majority of people are not much smarter than their dog.

Have you been in altcoins long?

4-5x is great yes, but you will be surprised how quick they can go from 4-5x to 10x or more.

I use my example with Kaspa again, I bought at $0.02 and I sold all of mine by $0.10 so that was a 4x for me but it is currently $0.18 and many are saying it will reach $0.50 minimum over the next 6 months.

I got a 4x selling at $0.10 but would have got a 25x if I had held to $0.50 over the next 6 months. That is a massive difference in returns and one of my regrets selling too early.

I would be happy even with 4-5x, and that's my goal with any altcoin. There is too much risk waiting for it to go 10 times more than taking what you already can. That way, I won't be upset even it goes higher, and especially if it dumps down.

I've already set my price selling targets to the coins that I'm holding.

Since most of the coins are in the top 50, I don't consider a significant increase towards them during the bull run. At most, it will be x10, but I doubt that it will happen. I'm not focusing on the multiplier, but I set my price selling targets based on a bit of technical analysis that I've learned while watching some YouTube videos. Altcoins that are outside of top 100 will have a higher upside than those that are the top as it has a lower market cap, but it's riskier. Higher multiplier = the lower the chance of it to happen so at least be realistic on your price selling targets especially in altcoins.

On average, I think around x3 is my first selling target followed by x4 or x5 or at least around those multipliers.

Even 2x return is already huge for me with altcoin investment, as far as I know only underrated gems that no one noticed but has really good fundamental could make it 10x within one bullrun season and usually we should already accumulate from when bearish occurs.

so i'm myself investing in BNB, ETH, and SOL will at best just gonna get 1.5x since i'm pretty late to the bullrun, the recent dips really giving me boost to my portfolio decreasing the average costs for my DCA though.
pretty sure moving forward if BTC could hits $70k then it's gonna be big alt season that could double my portfolio worth, but we'll see.

You are quite understood and as far as I am concerned, we are still saying the same thing only that you added some points that weren't added in the OP. What I referred to was for investors not to have too many expectations in this current bull run and of course, it captures the current market standing and price and not when the market was super cheap (at bottoms) like when it started buying in late 2022. Anyone who bought at that level has a huge advantage over those who are just buying now.

For this, it will be dangerous for some people to continue to buy altcoins close to their 2-last 2-year peak. It will blow back on their faces as many of them (altcoins) may never reach their last 2-year ATH again, while some that will try to achieve that will even struggle to pass that level noticeably. This is because the liquidity can't go round all of them to have warranted that huge buy that people expect this season.

This really needs to be done to make a profit, especially in the world of crypto trading, we have to be more careful when making decisions in transactions, this is very necessary, so in investment decisions you can use the DCA strategy, of course this strategy helps in being disciplined in buying investment assets in this way, it is hoped that it can reduce the impact. losses will be incurred, but not in the way I want in order to achieve altcoin market capitalization which is always moving and that shows market stability.

I didn't invest in any altcoin this season, but from experience, while investing in any token, one best thing you should do is to have a price target at which you will want to sell off and take profit. There are so many tokens that some people have invested in that might not be able to give a 10x profit, and if the investor doesn't sell at the best price that they can get while the bull market is still on, they might have to wait till the next bull market, but that's if the token survives through till then. 

Tokens are all "premined", I wouldn't put a broken dime into them.

Project must be running on it's own chain, not be premined and not have dev-tax otherwise it's worth as much as a used condom.

You can try to outrun this scammers on their own game, many have tried and many have fallen.

At the time of the ATH or would you rather sell when you are down -90%? Just so you know most alts will pump at the initial or some days after the listing, your best moves will be to sell while the price is high then decide whether to buy back in at a much lower price.
Most project nowadays usually distribute their token through airdrop and most of these projects usually get dump at the initial stage, most of the whales will instantly dump their allocation and dip the price.
Imo, better to sell when the price is at a good price, you don't want VCs to dump their bags on you.

I agree, being greedy over alts could mean a lot of loss as well, not a smart move, and I would advice against it. I believe that we are not going to get anything out of this, it is going to of course be something special, but that doesn't mean that we are going to get a deal about it simply, it is not going to be that easy. We should be considering how that could work some other way, it is going to cause a lot of trouble, and because of that I have no idea how much is enough to get out, but the moment you are fearing, getting out to bitcoin isn't a bad idea.

Normally, I understand that selling out of fear isn't a smart move, and many people regret their decision when they do that, but this time we are talking about getting out to bitcoin and not to fiat. Which means that if you fear an altcoin going south, then selling and getting bitcoin instead of that is not a bad idea, I would say that it would be something that we could benefit from and do very well.

Yes there are plenty of altcoins that will do it but all most of them are premined so the owners have full control over the price and you won't have any chance to escape if you keep your attitude.
While the greed will be eating you and your brain will be full of dopamine from this great feeling of becoming rich, this scammers will dump it all.

You might say Polygon and Cardano are worthless scam but my point is they done over 100x.

There are so many altcoins that will do 20x or more between now and this time next year and I just feel as long as I find 2 or 3 of them then I will be fine.

If they don't offer any utility in real world, I call them pump and dump scamcoins no matter the price as it's just a bubble without any real world usage.
That's why my safe bet is on Monero as it has utility and even I am using it on daily basis to buy stuff and online services.
Ask yourself, when did you last time used Cardano or Polygon to actually buy stuff ? if you didn't and only read that it has adoption then it's a worthless scam.
This is my approach to investing, safe and secure.

As for life-changing gains... if you keep investing like that you will most definitively have a life changing experience but not in the way you would like. 

Not all altcoins are pump and dump , look at the like of Polygon and Cardano last bull run they did over 100x and still around today.

You do not make life changing gains taking 10 or 20% at a time.

I will have some altcoins that won’t do too well but I will have one or two that will do really well and that is all you need to see great returns.

This pump and dump scamcoins are feasting on greed, you will lose this game going this way.

By selling at 100% or any profit - let it be 1% - you are not risking anything and you can bet with the money you have made continuing this safe route instead of risking losing it.

check this out:

https://www.youtube.com/watch?v=-t5e0rFhuYc

Don't be one of them.

It is good to take 100% profit in a bear market but in the peak of a bull run if you take 100% profit you run the risk of cashing out too soon as it will likely go much higher in bull run euphoria stage.

I use Monero and I don't need to sell it (trade to FIAT in order to buy stuff I want)  because so many places accept it as payment today.

This is right. It really depends on the market flow of the altcoin and where it will go.

Also IMO, If I gain more than 100% profit after buying the altcoin then that would be the time to sell it and wait for the right time to buy back if it goes down.

This depends purely on the altcoin. Small/ microcaps i am starting to sell around 50x and holding some to 1000x or bust.

With high and midcaps i create different plans based on my TA and FA. I am also comparing them to other altcoins, but not in a way i want them to achieve the same marketcap. When it's a competition against something else, that already has a big marketcap, i'll wait at least until it has at least 1/5th of the marketcap to the one i am comparing it with. Then i either sell all or slowly start exiting. Usually i leave a moonbag if i don't have a need of cash.

EarnOnVictor,

When Bitcoin reached its all time high in March earlier this year, one of my altcoins reached 42x return so a 50x return in the peak of this bull run over the next 6-12 months is definitely possible.

You do not have to wait years from now for 50x return if you were buying in the low part of the bear market like I was that’s why I’m hoping I bought at least a few low enough last year to give me that 50x return by this time next year.  

I use Kaspa as example. I bought a small bag at $0.02 and it is currently $0.18 so that’s a 9x already and many are saying it will get close to $1 which is only a 5x from current price but would be a 50x for me as I got in early a year ago.

This is now a common question in the crypto space, simply because it is a thing to invest profitably but another thing to exit without regrets. My advice is that altcoins may not behave the way we used to know them anymore, so we should be more careful this time. Many may not move past their recent ATH again, while many will only be moving sideways until the bearish season meets them again.

As it is, every investor should buckle up, we should be contented with some gains and not be greedy, and better still, random our gains. By randomizing our gains, I mean, for instance, you purchased 10 coins, with some, you might be content with just 3x profits, then you liquidate them. In others, you might wait for 5x profits (which I believe will be almost impossible again for many coins/tokens), and some 7x, 10x and so on as your risk affinity could take you.

However, it would be a self-deceit to believe that you will wait by holding altcoins for years simply because you want 50x profits from it. My brother, you might wait forever in almost all of them, and surely, even with the best-performing ones, if they can't attain it in a certain bull run season, they might erase all your profits back and will still not attain it in the next crypto bullish cycle. This is because more projects are being created and dumped into the crypto market while the available liquidity can no longer cover them as we thought to warrant such huge bullish movements.

The next 12 months considering many bitcoin predictions will be bullish and maybe altcoins will follow in its footsteps so it is called altcoin season, it still makes sense but I am not brave enough to store long with the altcoin plan always be careful, because you don't want to get stuck in the same hole.

You have a high profit target of 10x 50x it doesn't matter you may have observed more with altcoin, remember don't store too long with the hope of 50x when it enters the bear market the decline will be more plummeting you can't even recover the money from altcoin.

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

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.

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.

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.


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 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.

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.

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.

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.

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.

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.