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Topic: At what point do you sell your altcoins? - page 5. (Read 1508 times)

jr. member
Activity: 179
Merit: 1
I #HODL Kaspa!! in btc tho! XD

Now I will try to mine Alephium since they added it to oneminers
copper member
Activity: 280
Merit: 5
That is just pure trading and you run the risk if u sell at 100% and it ends up going further meaning you could have got 500% or more.

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.

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.

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.  Cheesy


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.
member
Activity: 854
Merit: 30
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.

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.

legendary
Activity: 2520
Merit: 1218
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.
copper member
Activity: 280
Merit: 5
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.
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.

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.



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.
member
Activity: 854
Merit: 30
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.
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.

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.

hero member
Activity: 2688
Merit: 588
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.
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.
copper member
Activity: 280
Merit: 5
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.

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.

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 Wink There is a lot that can happen in 6 months with an altcoin, and I am not talking about shitcoins.

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.

I am happy that you found the way that suits you with memecoins. Hope we will see them (the returns Wink) soon!
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
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.
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.
Quote
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.
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.
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.
hero member
Activity: 2828
Merit: 611
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.
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.
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.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
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.
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.
Quote
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.
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.
hero member
Activity: 3136
Merit: 591
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?
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.

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.
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.
member
Activity: 854
Merit: 30
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.

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.

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 Wink There is a lot that can happen in 6 months with an altcoin, and I am not talking about shitcoins.

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.
copper member
Activity: 280
Merit: 5
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.

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.

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 Wink There is a lot that can happen in 6 months with an altcoin, and I am not talking about shitcoins.
hero member
Activity: 882
Merit: 581

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.

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.

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 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.

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

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.
member
Activity: 854
Merit: 30
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.
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.

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.
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.

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
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.

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.
sr. member
Activity: 854
Merit: 451
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.
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.

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.
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.

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
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.
jr. member
Activity: 1358
Merit: 7
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.
member
Activity: 854
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.
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.

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.
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.


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
sr. member
Activity: 854
Merit: 451
Be interesting to hear how we all plan to profit from the peak of this bull run over the next 6-12 months.
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.

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.
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.
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