Thank you for your feedback.
I have some altcoin that are already with 20% gain, but it is just small change since I invested just a little to understand how it works.
Maybe a good option would be to allocate some money and start doing some day-week trades to get the idea of how much would be acceptable and then start building a portfolio with long term coins.
Topic: How much % gain/loss before selling - page 2. (Read 223 times)
Hello, I'm new here and also new in the cryptocurrency world.
I already bought some coins and got 5% to 15% gain in some of these coins.
My question is, what is your accepted gain/loss % before selling the coin? If you get 5% should you sell it or just wait for it to continue growing?
The question comes because I did not put a lot of money on that, thus I think that I need to buy/sell more frequently to increase my cashflow. Does it make sense?
I would probably hold to some altcoins for the long term when I have more cash to play with.
Thanks!
I already bought some coins and got 5% to 15% gain in some of these coins.
My question is, what is your accepted gain/loss % before selling the coin? If you get 5% should you sell it or just wait for it to continue growing?
The question comes because I did not put a lot of money on that, thus I think that I need to buy/sell more frequently to increase my cashflow. Does it make sense?
I would probably hold to some altcoins for the long term when I have more cash to play with.
Thanks!
When it comes to Crypto making 5% is nothing.
When you are trading Forex or stocks you usually aim for 1-2% or so.
With crypto in a few minutes the asset can change by 5% which is nothing.
You need to let your winners run and try and catch the large 20-50% moves.
Hello, I'm new here and also new in the cryptocurrency world.
I already bought some coins and got 5% to 15% gain in some of these coins.
My question is, what is your accepted gain/loss % before selling the coin? If you get 5% should you sell it or just wait for it to continue growing?
The question comes because I did not put a lot of money on that, thus I think that I need to buy/sell more frequently to increase my cashflow. Does it make sense?
I would probably hold to some altcoins for the long term when I have more cash to play with.
Thanks!
I already bought some coins and got 5% to 15% gain in some of these coins.
My question is, what is your accepted gain/loss % before selling the coin? If you get 5% should you sell it or just wait for it to continue growing?
The question comes because I did not put a lot of money on that, thus I think that I need to buy/sell more frequently to increase my cashflow. Does it make sense?
I would probably hold to some altcoins for the long term when I have more cash to play with.
Thanks!
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