altcoins very perspective coins, i think alts more interesting than btc
many altcoins have interesting ideas and technologies, but now btc is a lead 
Topic: Potential of an altcoin (Read 970 times)
finding or determining which altcoins have the potential to go up is quite difficult, but not impossible to do, because many people have successfully done it, start by frequently monitoring the latest news about crypto, so you know which altcoins have good news, and you have to hurry so as not to miss
but regret will be there when a long correction occurs. why not sell everything when the price is good instead of holding some to finally see only a long correction.
I honestly don't like it that way. indeed most people still use it in investing in altcoins.
when I sell at a price that I think is profitable then I no longer need to keep the asset. I will wait for it to correct again. meanwhile, I will transfer my money to another asset. trading trends will inevitably shift to other assets. like the current market momentum. we can see how each altcoin takes turns gaining its momentum.
Actually its a good decision to exit if you already earned enough profits in your investment, and it's better also to wait for another opportunity to buy low rather than waiting for a long correction while your profits still involved...its very stressful to be honest and unpredictable , wherein you don't even know what will happen after that. Lest say even its possible to excess. but still not safe.. So it will become a good decision to play safe and too good to be true..
In making decision over an altcoin, you should mostly rely on your experience on it for the best possible outcomes. If you have earned much profit already and the altcoin you are currently investing on right now, exchanging the most of it wouldn't hurt you that much. Just remember to leave some of it on hold so that if ever the value of that specific altcoin suddenly goes up, you wouldn't have much regrets. Since you've been on that altcoin for a while now, it wouldn't be ideal to compare with others that appears similar to it, you can just focus on it and keep updated on the market movement so that you may know if it's the best time to exchange or to buy.
I honestly don't like it that way. indeed most people still use it in investing in altcoins.
when I sell at a price that I think is profitable then I no longer need to keep the asset. I will wait for it to correct again. meanwhile, I will transfer my money to another asset. trading trends will inevitably shift to other assets. like the current market momentum. we can see how each altcoin takes turns gaining its momentum.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In making decision over an altcoin, you should mostly rely on your experience on it for the best possible outcomes. If you have earned much profit already and the altcoin you are currently investing on right now, exchanging the most of it wouldn't hurt you that much. Just remember to leave some of it on hold so that if ever the value of that specific altcoin suddenly goes up, you wouldn't have much regrets. Since you've been on that altcoin for a while now, it wouldn't be ideal to compare with others that appears similar to it, you can just focus on it and keep updated on the market movement so that you may know if it's the best time to exchange or to buy. In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Many choices of coins now have the potential to grow, if you want to select which ones are good for investment objects, you have to remember a few things, first, don't trust advertisements, or research from other people before you make the research yourself so you understand and understand what you will choose, secondly, don't over invest, invest with an amount where when you lose the money it doesn't frustrate you because all the possibilities in investing can happen
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
It's not a bad thing to draw up comparison of the coin you're hodling with another that's similar to it in all ramifications. I do that too and it helps me to gauge where I think the coin I'm hodling should be headed. And if the one I'm hodling is on the lead to the one I'm comparing it with, I should become cautious and make small sales.In my specific case for example I bought INJ in December and now the profit is about 600% .
At that level of 600% of ROI, you should cut some profit and allow some quantity to roll. One investment tactics I have learnt (after my BNB experience) is never to sell off everything of any coin/token I'm hodling. Always leave some quantity behind. You never can tell how high price will get to later. Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
i think you should go for sell. its a secured profit already and its time for you buy another altcoin to trade. do not wait until it went down and not profitable. comparing INJ to other altcoin is not a good idea, but if you take the risk and go for the higher profit its up to you its your own choice.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Don't compare your altcoins with other altcoins because they are not the same. Defining the potential aspects of an altcoin depends on your point of view. you need to know that altcoins that have the potential are always profitable and to determine the right time to sell it is all up to you, depending on how you decide to make a profit.
Comparisons cannot be used as a benchmark, because each coin has its own development, its own exchange and it is different for now. so I think it needs analysis to choose a coin not based on the benchmark of other tokens, because that is not good and not accurate
This is actually a very subjective matter as each project is really different from the others. So if you want to evaluate the project, you need to check all the important factors for each and every project. And that is a tedious job. So you need to stream down the number of projects that you want to evaluate with. If you are long enough in crypto, you will already spot some potential projects, and then, you can dig deeper about its capability. Because most of them are masked with good whitepapers, nice roadmap, professional team members. But when it comes to actual work, that's when they deviate from each other.
Comparisons cannot be used as a benchmark, because each coin has its own development, its own exchange and it is different for now. so I think it needs analysis to choose a coin not based on the benchmark of other tokens, because that is not good and not accurate
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Don't compare your altcoins with other altcoins because they are not the same. Defining the potential aspects of an altcoin depends on your point of view. you need to know that altcoins that have the potential are always profitable and to determine the right time to sell it is all up to you, depending on how you decide to make a profit.
Sorry but you can't compare altcoins together because there are not from same projects some altcoins got good project with hard-working team members ensuring the growth of their token while some is the opposite. 600% profit is actually a good one to exit the market buy most times are greed don't let us take profits while in profit that's why a winning trade turns out most times to be a loosing trade, I think u should try this strategy of selling half of the altcoin you hold at 600% and leaving half to flow while you watch the market. As you maximize your profits try to control your greed also.
I don't think comparing with other altcoin will help, since each coin is really different, and have so many other factors affecting them.
And 600% profit for altcoin is really great already. I think you just need to set the target, like how much you expect the profit, and make it reasonable. Don't be too greedy and stay rational. Try to analyze and see the trend, if you see the probability it might go higher, then you could wait for a little bit more. But if the trend is going down soon, i think you can sell it asap since you earned a great profit already. But if it's great and have big potential to be a long term investment, you might need to consider that chance as well.
And 600% profit for altcoin is really great already. I think you just need to set the target, like how much you expect the profit, and make it reasonable. Don't be too greedy and stay rational. Try to analyze and see the trend, if you see the probability it might go higher, then you could wait for a little bit more. But if the trend is going down soon, i think you can sell it asap since you earned a great profit already. But if it's great and have big potential to be a long term investment, you might need to consider that chance as well.
for me your analysis must be realistic. maybe you don't compare too much with established coins, you are just doing an analysis of the increase in the coin chart. where the 30% increase benchmark is good for the coin because in my opinion the safest point is 30% and that you can make as a starting profit
You are already in huge profit. 600% profit is awesome. It totally depends on you how much you are expecting from the coin you invested. Everyone sets targets according to the potential of coins. I did not hear much about INJ but the price of INJ is really good. You don't need to compare with other well-established coins when you already made a huge profit. If you think it will rise more you can hold but my advice would be to sell at least equivalent to your principal amount so that your risk would be zero but If I were you I would sell 50% of holding till now.
Not all altcoins can increase more than 100%, OP said he already gain 600% from the price he bought so I think it is a good time to sell. Don't think that it will go up more because the more you think of it, you forget when to take profit. You will just realize that when you start to sell that you will only gain less than what it was before because your mind keeps telling you that it's just a small correction and it can still go up more. If you are still confident that it can go up then sell only a portion of it then find other potential altcoin to invest.
It is not right to compare one altcoin with other altcoins because the altcoins do not increase in price at the same time these tend to rise over time based on market demand it will depend on the person himself. The market confirms that altcoin will have the potential to increase in price and that investing in it will be profitable the potential of altcoin depends on the market.
You can't compare it, each altcoin has its own potential and uses, you have to focus on finding altcoins that haven't gone up, and studying the potential of these coins. If you don't find the potential after research, you can look for other coins, because each coin the price can go up above 200%. To be on the safe side, look for altcoins that have a top 100 ranking on coinmarketcap.
it seems you don't need to compare with Bitcoin which is similar to what you have, you better focus on the profit opportunities you can get, if you feel that you are already profitable enough, you can sell the altcoins you have, because if you compare too many altcoins you with other similar altcoins will only make you dizzy
That's one hard part for those altcoin holders that have seen their coin being held in profit. They'll wait furthermore because they'll think that there's more profit that's about to come.But within a flash and split seconds, they'll see the dump and will miss the opportunity of selling it.
it seems you don't need to compare with Bitcoin which is similar to what you have, you better focus on the profit opportunities you can get, if you feel that you are already profitable enough, you can sell the altcoins you have, because if you compare too many altcoins you with other similar altcoins will only make you dizzy
They estimate where the market cap may be in the next few months. Take the market cap, divide it by the number of coins in circulation, and you have the new coin price.
Look at what it is their creating. If it's rather niche don't expect it to hit BTC market cap. That doesn't mean you cant make considerable gains though
Look at what it is their creating. If it's rather niche don't expect it to hit BTC market cap. That doesn't mean you cant make considerable gains though
Altcoins are more suitable for trading, investments are profitable, but only in the case of a non-long-term perspective. Altcoins are usually backed by some kind of business and functional value, which leads to their natural growth.
All price changes are directly related to the position of the business behind it. Therefore, how to choose the right potential coin that will bring the desired money is necessary with the calculation of assessing the prospects for the development of the project. If you chase a small price, then you can really get in not good situation.
All price changes are directly related to the position of the business behind it. Therefore, how to choose the right potential coin that will bring the desired money is necessary with the calculation of assessing the prospects for the development of the project. If you chase a small price, then you can really get in not good situation.
Every currency in the crypto market develops over time so when a currency rises will depend on the market conditions. Currencies are not dependent on the market rise upwards on the basis of demand the higher the demand for that currency the higher the price all other altcoins develop on a supply basis, so it is difficult to predict their potential but now the demand for crypto is increasing due to which investing in altcoin is becoming very profitable. Cryptocurrencies cannot be compared to other currencies it is not stable currencies are profitable for price rise and fall.
Comparing all altcoins into one doesn't seem to be fair because there are different coins from the start every coin yes they had potential to increase itself depends on the supply and the demand people are now looking for there investment to be grow if they can easily think that investment into coins gives them a huge profit then you can easily compare it as you can see into the market graph from exchange website coins can be volatile or stable like i said it always "depends" if you wanna make a good profit set a goal.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
What else do you want to compare? you already said you made about 600% since you have invested in that crypto and this is definitely the time you take profit with out question and if you look at it, this kind of mentality is why people miss out in taking good profit as they continue to wait for more high profit and wake up one day and the price is 50% again of total investment
. 
each altcoin has its own potential, graphics and market cap. but if you want to compare about the profit that can be obtained, I think you can see etherum. from $ 100 and now $ 1800, an incredible increase. That is, if it is calculated from the percentage increase, if it is calculated from the initial price and the increase and the current price, it is difficult to compare the same with your coin. because the start price must have been different and also the graph of the increase.
Comparing it to another coin that is similar wouldn’t do no good. Take for example ; we all know that Ethereum was created for smart contracts and there are so many other altcoins out there that were also created for the same purpose and they were even created to be better than ETH in so many areas, but still ETH continues to grow while most of these coins are just falling everyday, ETH doesn’t determine where they are heading to, ETH can be increasing and they are all decreasing.
So, you can’t use a similar coin to compare, because one can be better or have a stronger community than the others. And since you have gotten another profit, maybe it’s best you sell some part of the money.
So, you can’t use a similar coin to compare, because one can be better or have a stronger community than the others. And since you have gotten another profit, maybe it’s best you sell some part of the money.
You do not have to equate your altcoins with other altcoins how much they gain if you know you have the potential to hold altcoins you have to wait for the price to rise even more but in your case your profit will be large if you buy altcoins gain 600% for me you can now sell it and buy some other altcoins with potential and longterm so that your profit will increase even more by buying other altcoins with potential.
but if you buy the top altcoin of your choice at the current price then you should really be prepared for the next market situation. we will never know the movement of a coin price or market conditions can last long or not. But talking about the potential there is no doubt for the top coins in the market and if you have bought then have to be patient, don't panic, don't be greedy and always monitor the movements of your portfolio.
what is that inj coin is than enjin coin ? enjin is an old project and its not bad to compare it to other established coins but if this coin is not enjin coin and its only a new altcoin i would be shy to compare it with established coins in the market today but i will be happy if i hold it till it reach 600 percent profit but i will sell after that because thats already too much and you dont know whats next to happen but it may collapse and leave you crying if you will be greedy .
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
There is no definite calculation or target to take a profit, if you have made a profit of 600% it is already very large and you can sell it, but if you are still sure the token will continue to rise you can continue to hold it until you get thousands of percent profit. Most important is profit regardless of nominal, is better than loss. In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Potential of an altcoin is always unpredictable. Some of those coins can change your life either into good way or badway. There are coins that have a full potential to pump in a huge amount of percentage and even double up the existing market price and that is when you can change your life in a positive way but there are coins also that is possible to have some market loss in a great amount of percentage.
Comparing an altcoin against another in the name of trying to projected put its value is fans recipe for disaster because in altcoins are independent of eachother and you should analyze them individually.
You need to know if the projects in a serious if the team I'll get so far, what you do future plans, what is the price liquidity on exchanges. By performing this research you'll know which coin to sell or keep
You need to know if the projects in a serious if the team I'll get so far, what you do future plans, what is the price liquidity on exchanges. By performing this research you'll know which coin to sell or keep
Honestly it's almost impossible to guess the up[side potential of a promising project let alone some worthless meme coins. The best scope of action would be to sell some take out your investment and sell them later at periodic intervals.
I would sat that there are some few methods of doing TA to see if the price should be higher or lower, that's what people use to decide what the price of something should be worth, but we all know that most of the time that is wrong and many people end up losing money because of it. However I do think that if you believe in the coin you are holding, you are going to make a good amount of return from it for sure, it may not be huge right away, but it could be very decent at the end of the day, and I believe as long as you can wait long long long time for something, eventually it will become a good coin as long as it is actually a decent project.I am not talking about shady or scammy coins, there are tons of them as well, I am talking about projects that promises a good future, if you find one and think that it will not be zero, that will probably go up decently in the long term.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
If you are trading a coin, you know when to get in and out but this can be difficult when investing in a coin, there are two ways I go about it, if the price has done 2X, I will start scaling out, take part of it and invest into another project or I will look at the project that they are in thesame market like Sushi and Uniswap look at the performance of the other, if the price is doing well then fine, I will wait until the price touch half of the other market cap to start scaling out
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Now all altcoins have huge potential because the market is growing and they are catching up with bitcoin. I would not even call it an alt season. But if the market goes down, then altcoins will start to fall much faster than they grew. So be careful, don't invest only in altcoins!
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Honestly it's almost impossible to guess the up[side potential of a promising project let alone some worthless meme coins. The best scope of action would be to sell some take out your investment and sell them later at periodic intervals.
If manageable to sell your capital investment and periodically sell those assets from time to time.
This will allow you to take profits from the asset that you choose, it's hard cause even in the bull market chances of any coin to pump
is still depends from the developers and to those people behind, adding to that are the whales who also playing and keep on tracking which moving coin/s are best to invest and catch some decent profits.
600% profit is already huge. You should put some profit limit whenever you buy a coin. Set target profit so you won't regret that you dont sell that off when market unexpected bear comes. You can't even compare that INJ to the other altcoins in the market. As long as it has a good trading volume, still has a progress and update, then you dont have to worry that much.
"A wise trader knows how to run their profits"
You shouldn't be that greedy when it comes to your profit. Other altcoins do not gives that much profit.
"A wise trader knows how to run their profits"
You shouldn't be that greedy when it comes to your profit. Other altcoins do not gives that much profit.
I agree that after raise of the market there is a fall of the market. And it is important to fix the profit.
Also a lot of depends how useful project is for people, how many people use the token.
There are ecological projects. https://moss.earth/blog/ - here is written how it is important to protect the nature.
I think that such projects will be always useful for people because it is very important to protect the nature.
I checked the volumes of MCO2 tokens here https://etherscan.io/token/0xfC98e825A2264D890F9a1e68ed50E1526abCcacD
They are increasing. Some people buy a really big volumes of MCO2. It means that people understands how it is important to protect nature.
I vote for SYL from XSL labs for new project of altcoin, because next big thing is we need to protect our Data and DeFi need to do KYC without any third parties knows and stores our data in one place. Second new project i have been invest to is Sovryn. Tokenomic is so good with only below 10million for the first year of its launch.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
You can't compare to make gains out of other crypto projects, every coins have their own standard and their utilities, what is potential? Coins don't just grow them, it's all about the team hardwork that brings good worth and value to coins and token and to attract high adoption rate the coin must be very useful In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
To see the potential of an altcoin, you need to learn something even to the point of being specific about the coins you will hold. Talking about potential, a lot of people think that as long as the project still has new development, or it's included in a popular altcoin, then it will be fine. that's not wrong, but try to find the latest breakthrough of the coins that you hold, because the price might go up even higher.
To be honest, I also felt like I was failing in seeing the potential, as I was also selling Ethereum for under $ 1000 at the end of last year. however, it made me realize that I was ill-informed, and less patient in this matter.
To be honest, I also felt like I was failing in seeing the potential, as I was also selling Ethereum for under $ 1000 at the end of last year. however, it made me realize that I was ill-informed, and less patient in this matter.
maybe you can but it will be difficult because most projects just follow or update their existing projects.
some who made new breakthroughs such as ETH, DOT, BNB. have shown their existence and have increased many times the initial price.
maybe another project will come up again.
and indeed the three coins are progressing better and of course it cannot be separated from the team,
yes it seems so and we'll see if another project will appear or not
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Honestly it's almost impossible to guess the up[side potential of a promising project let alone some worthless meme coins. The best scope of action would be to sell some take out your investment and sell them later at periodic intervals.
To see the potential of an altcoin, you need to learn something even to the point of being specific about the coins you will hold. Talking about potential, a lot of people think that as long as the project still has new development, or it's included in a popular altcoin, then it will be fine. that's not wrong, but try to find the latest breakthrough of the coins that you hold, because the price might go up even higher.
To be honest, I also felt like I was failing in seeing the potential, as I was also selling Ethereum for under $ 1000 at the end of last year. however, it made me realize that I was ill-informed, and less patient in this matter.
To be honest, I also felt like I was failing in seeing the potential, as I was also selling Ethereum for under $ 1000 at the end of last year. however, it made me realize that I was ill-informed, and less patient in this matter.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Doing such thing does not seem as if it is the best idea at least to me, why you want to compare one coin to another when there are many instances in which a coin that is a direct clone of another does really well and the other coin does not move at all? You are asking basically for an exit strategy and I will recommend that you read a few books about it and select the exit strategy that you like the most, a trailing stop loss is very popular and at least to me it seems like the best way for you to keep holding your coins and still keep most of the profits that you already got in the case that coin crashes. In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
You are lucky to have found a project that already yields you 600% it's not rare but you need to do diligent research to find one, the most important is to take out your initial investment so you have no worry about losing and just follow the development of the coin, if you think the coin will continue to show strength in the market, you can retain your investment and add more, the most important thing here is to always get an update on the coin you've invested and going to invest.
The best time to sell our altcoins is when the price of the altcoins has risen beyond the purchase price. Regarding what percentage of profit we have
to take, it all depends on each person. There are no rules that determine the profit we should make from investing in altcoins. So determine
the percentage of profit you want, because surely everyone has a different sell target.
Regarding INJ that you have bought and now have a profit of 600%, it should be sold immediately. Because if you are greedy for even greater
profits, can eliminate opportunities for profit. Because the INJ price could suddenly be dumped. And you don't need to compare INJ's profit with
other altcoins profit. Because every altcoins must have a different profit target, depending on the results of the analysis that we make.
to take, it all depends on each person. There are no rules that determine the profit we should make from investing in altcoins. So determine
the percentage of profit you want, because surely everyone has a different sell target.
Regarding INJ that you have bought and now have a profit of 600%, it should be sold immediately. Because if you are greedy for even greater
profits, can eliminate opportunities for profit. Because the INJ price could suddenly be dumped. And you don't need to compare INJ's profit with
other altcoins profit. Because every altcoins must have a different profit target, depending on the results of the analysis that we make.
Profit is what we aim for why we choose to have these potential altcoins but you can't find it measurable since the price is quite moving in a different direction. You'll be saying 600% profit gain, you'll get so lucky for that and it is only common to happen when it hypes but this is not it happens all the time.
That is why it is a need for us to choose the coins that we feel can have the potentials, we don't need to overly think about big returns but at least we get some that are very important.
That is why it is a need for us to choose the coins that we feel can have the potentials, we don't need to overly think about big returns but at least we get some that are very important.
First of all you have to choose tge pariode of time before you buy the coin/token. By doing this you will have a target price and you will set it for the first time your entry is being reached. After that, you will let your entry until the target is been reached.
You will not confused like this time if you specify which pariode of time that will you choose. But, you have another solution to resolve your confusion, you have to know the latest update about crypto currency. For this bull run season will end if there is something bad news come. Becausw if we look technically, many time especially bitcoin gave a sign that its price will fall but it is just based on the chart only.
You will not confused like this time if you specify which pariode of time that will you choose. But, you have another solution to resolve your confusion, you have to know the latest update about crypto currency. For this bull run season will end if there is something bad news come. Becausw if we look technically, many time especially bitcoin gave a sign that its price will fall but it is just based on the chart only.
You don't even need to compare it again when INJ already lead the competition. As far as i know, this project has been giving a very big return and that's why your position should on a safe place. I have been observing INJ and you can see the potential based on the development progress. The comparison is not needed when you are not getting a competitor that can replace INJ anytime.
As far as i can see that there's no still a potential competitor for INJ. Just see that based on the current progress. that's enough.
As far as i can see that there's no still a potential competitor for INJ. Just see that based on the current progress. that's enough.
I don't know why you need to compare between a new altcoin and an existing coin, remember the existing one once had days like the current one coin, the bear market is coming because things can't keep going up this way forever, I just hope you lock on that profit before you lose it.
600% Profit is enough to say goodbye to a altcoin, maybe it's just me? I always take advantage of every new altcoins that comes out and deliver, I don't plan on holding for so long because they will eventually lose value at one point in time, greediness is what most hold on to altcoins even when their prices are over the roof
Not just you man, considering how volatile the crypto market is if my investment is up with 300%, I would dump the token and move on to the next big project, greediness could pay sometimes while 90% of the times you will eventually end up getting rekt because you want the market to work hard enough for you alone, which doesn't work that way. INJ is a popular token, there are many YouTubers who review it to have a good potential I guess thru these videos a person who wants to profit will likely buy the token as early as possible just like OP. I wouldn't be comfortable investing in it still even after the price had spiked. The potential is there for INJeven to Doge but it will remain as pump and dump when there isn't a fair distribution.
I think this is going to be a little different for everyone. I think a big thing is setting a goal. I have found that it is easier to 3x 10 times than it is to x10 once. I usually set the bar fairly low and when we hit the mark i was looking for in the long term , I pull out. I feel like this is a little safer and you keep your losses to a minimum. just from my experience though..
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
No, you cant really make all coins to have the same potential when it comes to price because each of them would really be getting different approach by the community which simply means
that price can be determined basing off into the demand itself.
If you did make 600% already then it isnt bad to consider on selling off those for securing those profits that you had made.These chances are really not common when it comes
to altcoin yet tendency of hard correction is likely.
Setting out specific level of gain and selling it off will really be varying on someones risk management because not all would really be having the same input or views
towards its investment.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
There is no formula in the space that is being used to calculate the growth potentials of these projects, one thing that is very important is the community and the users especially now that we have DEFI projects that people can use and tie down their capital into, also note this, you can't compare new projects and new one. A project with marketcap of $6 million and a Project with market cap of $600 million with give you different ROI in a year. New projects with huge potential tend to capture value fast in percentage as compared to established ones
The best way to determine the potential of an altcoin is to look into the fundamentals that is looking to work the company is trying to achieve look at their roadmap as regards what they have achieved so far and look at what the project will it means to the capital space and also to the economy in general if it provides value there any coin is valuable if it doesn't provide value then when is not valuable as simple as that.
Sometimes I smile when people come out and start to open their buval cavity and be saying stuffs that are not real or correct. All these coins we are seeing, they all have a particular purpose they are intended to provides a solution too. So the time that they can pump differs. It's likeusing the price of a petrol to determine that of gold. Yes, I agreed some of the coin are built on the same or a blockchain technology. I think what can be a major boost to a con is the ability to bring big Investors who are ready to invest heavily on the coin. And they have to keep doing that till the coin gain some certain level.
if you support a good project. and from the start you have participated in their token investment, you should have a plan when you sell and buy.
measuring the best value would be difficult. because the ability of the market can be beyond the reason and predictions that we do. If you have made a large profit, I think you should choose to get out of your investment and switch to another asset. try your luck in other projects.
Long term vision in a project is important to determine whether potential is present for a crypto or altcoin perhaps in this case. If the platform or the concept is already sketchy in the first glance then that should be a caution already whether to invest or not. Altcoin are believed to be good only for short term, but there are still altcoin which are surprisingly existing in a long run. Despite of an unequal ratio of the good over the bad ones, I think it is just the market analysis that would matter. There are good altcoin and there are not, so better not to be easy on choosing the good ones or if possible, the best ones. measuring the best value would be difficult. because the ability of the market can be beyond the reason and predictions that we do. If you have made a large profit, I think you should choose to get out of your investment and switch to another asset. try your luck in other projects.
if you support a good project. and from the start you have participated in their token investment, you should have a plan when you sell and buy.
measuring the best value would be difficult. because the ability of the market can be beyond the reason and predictions that we do. If you have made a large profit, I think you should choose to get out of your investment and switch to another asset. try your luck in other projects.
measuring the best value would be difficult. because the ability of the market can be beyond the reason and predictions that we do. If you have made a large profit, I think you should choose to get out of your investment and switch to another asset. try your luck in other projects.
If selling tokens at a suitable price, you must have principles and be consistent, for example, I want to release existing coins, especially see the contribution of a token and see comparisons with other coins in the market, especially coins of the same type that we have, when the altcoins have started to move up automatically you have to offer the right price so that the price passes that is the time for the altcoin to go up and we can sell it
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
I end up checking what the potential of it based on what the community is thinking and what the market is doing and what the roadmap is like as well. I personally believe that if you end up buying something and it goes up, you probably know if you should sell or not based on your initial goal.In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
If I buy something for 100 dollars and I say that I will get out at 500 dollars and it becomes 600 dollars, I will just put a stop loss at 500 and wait, that way if it goes down to 500 I sell and still make 5x profit, if it doesn't drop that way and continues to go up, I will be still in profit by having the price keep going up anyway. So long story short, have a goal before you go in, if it goes beyond that goal, put a stop loss, and just keep on waiting, if it ever makes it to another goal you picked change that stop loss to the new goal and so forth.
Don't go making things complicated op, I suggest that instead of comparing your coins or possessions in your portfolio(s), just go ahead and study the charts of your investments together with their developing teams and roadmaps. You need to check wether the market is heading into the bearish season or not by checking bitcoin chart and your altcoin possession chart. Next is to check the legitimacy of the project, the developing team and the timelines of the roadmaps and account their reasons as to why there are delays with the movement of the project itself(if there are any delays).
You ae better off doing those things instead than just comparing your possessions since it is confusing and kind of loose when it comes to accuracy compared to the ways I suggested. This is not a financial advuce but a friendly advice since I have tried it and it worked for me many times. Good luck op.
You ae better off doing those things instead than just comparing your possessions since it is confusing and kind of loose when it comes to accuracy compared to the ways I suggested. This is not a financial advuce but a friendly advice since I have tried it and it worked for me many times. Good luck op.
The market is unpredictable if a certain coin is already increase its price you must set a plan to sell some since 600% is high and the rest hold on your desired target price. Actually it is depends on your plan if the project roadmap is good that meets your standard you can take profit and hold for long term. Just take profit when you are happy and buy when decline or correction occur, just monitor the project update. .
If you are the type who don't know how to take profits you will soon find yourself in the ground, one thing is certain in crypto space that's price fluctuations, you think that injective protocol will keep increasing in value? This is what many thought too in 2017 before bear market attacked, don't be a fool, 600% is too much already
600% profit is already huge. You should put some profit limit whenever you buy a coin. Set target profit so you won't regret that you dont sell that off when market unexpected bear comes. You can't even compare that INJ to the other altcoins in the market. As long as it has a good trading volume, still has a progress and update, then you dont have to worry that much.
"A wise trader knows how to run their profits"
You shouldn't be that greedy when it comes to your profit. Other altcoins do not gives that much profit.
"A wise trader knows how to run their profits"
You shouldn't be that greedy when it comes to your profit. Other altcoins do not gives that much profit.
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
People have different impressions and views regarding a coin being "potential". Either they looked at the community, future plans and developments, speculations, hypes, price movement, etc. Now, what factors do you have to call a certain altcoin as having potential?
And no, you don't have to compare each of the other altcoins to understand the potential. I don't know about INJ but surely, you do have a set of factors why you consider buying them before and now enjoying good profits the moment you sell it.
As for your final question, no one can tell you what's the exact thing to do regarding when should you sell. If you follow that coin since then, you can decide for yourself when to sell. You don't have to wait for a much higher target if you think it's good to sell it now.
There is no need for you to compare the profits that you have from your other altcoins to another. As long as you're getting profits whether it would 5%, 1% or so on.
The logic lies is that as long as you get the profit, you should sell it if you want to make money from it. 100%-600% profit is already massive and you don't have to compare it with any other altcoin because they have their own percentage and movement.
The logic lies is that as long as you get the profit, you should sell it if you want to make money from it. 100%-600% profit is already massive and you don't have to compare it with any other altcoin because they have their own percentage and movement.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Based on my experienced I don't do that, you are going to lose a lot if you treat all altcoins the same way you treat one that has potential, each coin has its own roadmap and time to pump, maybe the coin have their platform ready but not ready for adoption and some coins gets pump even when the platform is still in the drawing board, get the majority reaction of the community and investors and you'll get an idea if it's worth to invest now.
Defi tokens today are hitting more than 600% though, I want profit I would probably just sell my INJ and then buy sushiswap tokens or DOT because its the one that spikes higher than the rest. It would be worth it if I have bought the INJ at such a cheap price. But ask yourself why you did invest in that INJ, maybe you like the project and you sort of support the team.
It is hard to assume that the profit will just continue to increase. Evaluate the project, do they have the capability to stay long term in crypto? Because that 600% profit can go down fast. Especially if the dev team decided to move on and abandon the project. So you need to be alert with what's happening around you. Be vigilant as they may be throwing some signals that they will not push thru their developments. Better sell it while in good profit, and just look for more established alts in the market.
and it all depends on the decision of the development team,
so I don't think we should miss any information about the project because if this happens it will be our own loss,
so stay tuned for information and developments
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
if we talk about profit, for sure its depends on you, wich mean how much profit that will make you enough mate
because for me if we can gain about 600% from one altcoin that really great ROI buddy
If you are have basic understanding of technical analysis, there is a way traders used ascending wage to measure the outcome of a trade especially when you bought them in accumulation zone, it will be easier to know when to exit the market regardless of the profit you already made.
On a second thought, why not exit the trade at this point? 600% is a good profit for an income. It's better to be in profit than to loose everything one day but if you are aiming higher and a long time then keep it because Enjin is a quality project.
On a second thought, why not exit the trade at this point? 600% is a good profit for an income. It's better to be in profit than to loose everything one day but if you are aiming higher and a long time then keep it because Enjin is a quality project.
Defi tokens today are hitting more than 600% though, I want profit I would probably just sell my INJ and then buy sushiswap tokens or DOT because its the one that spikes higher than the rest. It would be worth it if I have bought the INJ at such a cheap price. But ask yourself why you did invest in that INJ, maybe you like the project and you sort of support the team.
It is hard to assume that the profit will just continue to increase. Evaluate the project, do they have the capability to stay long term in crypto? Because that 600% profit can go down fast. Especially if the dev team decided to move on and abandon the project. So you need to be alert with what's happening around you. Be vigilant as they may be throwing some signals that they will not push thru their developments. Better sell it while in good profit, and just look for more established alts in the market.
Defi tokens today are hitting more than 600% though, I want profit I would probably just sell my INJ and then buy sushiswap tokens or DOT because its the one that spikes higher than the rest. It would be worth it if I have bought the INJ at such a cheap price. But ask yourself why you did invest in that INJ, maybe you like the project and you sort of support the team.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
You are the only one who can answer this question pal, the thing is you need to have a target, if any coin gives me 500% profit right now I will gladly leave and take my profit, not knowing when to stop is a very bad disease, once it crawls over you it's the end In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
if I personally after the price increase very high (more than 100%-150% in 24h) and suddenly the price go down 10%-15%, then I will sell it, because I am afraid if there is a big correction, so if there is a correction, I can buy it again, therefore the most important thing in my opinion is that we shouldn't be greedy when investing in cryptocurrency, because it will make us lose the opportunity to get a big profit. In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
You are the only one who can answer this question pal, the thing is you need to have a target, if any coin gives me 500% profit right now I will gladly leave and take my profit, not knowing when to stop is a very bad disease, once it crawls over you it's the end In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
People needs to understand that things won't keep going well forever, ups and downs is just how this life was created, you need to be less greedy to make good money in this space, if you haven't learn how to control your greed it won't go well for you because you will be caught in bears web before you know it
All people know of it, but we need to figure out what the trend will be. If we sell something because of fear and buy something because of greed, its the start of the problem.
For the case Potential of any altcoin, i think nobody know it. As long as the trends go up and its not overbought, its safe to hold ur profit, but if you feel its enough, just take profit from it.
each altcoin has its own characteristics and potential, so they cannot be the same as each other. This will be quite difficult if you match the coins you have on the grounds of a profit above 100%. As for the selection of the next altcoin alternative that you must have in order to approach the potential for significant movement, it is necessary to study each indicator, background and don't forget to pay attention to altcoin trends based on having valid information.
People needs to understand that things won't keep going well forever, ups and downs is just how this life was created, you need to be less greedy to make good money in this space, if you haven't learn how to control your greed it won't go well for you because you will be caught in bears web before you know it
The only and best way to know about the potential of an altcoin, first you must have knowledge about trading and after that do a market survey and read graphs of altcoins. Note down the peak and lowest prices now it is a very simple buy coin at lowest price and sells when price breaks the previous record of the all-time high. Usually, coins grow and break the previous price milestone and then go down. So sell when you feel that you are in good profit.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
each altcoin has the potential and development of each. so we can't compare one altcoin to another. each altcoin has the potential and development of each. so we can't compare one altcoin to another. because all the end result of a trade or investment is getting profit. so if you already have a profit then you better sell it and immediately look for other potential altcoins to be able to get even bigger profits.
~
INJ? Never heard of that coin, but from how you described it, it seemed to give a promised and good profits hmm. 400%? That's a lot.Upon comparing it, you shouldn't.
That coin stood on its own and managed to get that high in price. Not sure if that coin is only part of pump and dump communities because I was never part of it anyway so be wary of that.
The coin, from my assumption, stood on its own and investors wouldn't think of investing to any other altcoins that have the same potential as that.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
600% Profit is enough to say goodbye to a altcoin, maybe it's just me? I always take advantage of every new altcoins that comes out and deliver, I don't plan on holding for so long because they will eventually lose value at one point in time, greediness is what most hold on to altcoins even when their prices are over the roof In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Many top coins have potential. When you choose an object for investment, remember the main thing. Don't blindly trust ads. It is best to invest your money in a studied project. And one more rule, never spend more than the amount that you are not so afraid of losing in case of loss.
There's a big potential for a coin to rise in the long run, but the question is, can you wait that long, or you want to enjoy your profit now.
For me, 600% ROI is already a huge return, if possible, sell half of it, and hold the half for long term.
At least you already get your capital and a little profit, and you can use it to accumulate once the price will dump.
For me, 600% ROI is already a huge return, if possible, sell half of it, and hold the half for long term.
At least you already get your capital and a little profit, and you can use it to accumulate once the price will dump.
I would like to set a price where to sell, but INJ is in discovery price and I have no previous support/resistance etc. What to do?
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
I think this is more than enough growth so personally i would have took partial profit here if not all, you can take 25% or so profit for now if you are still bullish and hold on for more gains later. If you do not need cash at the moment then obviously you can hold for even more gains. In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
You see every project base on their contribution in the market and comparing its to competitor is a great strategies, investing on new potential altcoins is not that easy, and you really have to do your best to know it's pros and cons and to know if its worth investing, having your own research is a must. 100% profit in just a short period of time is really possible on good new projects, and if you're lucky enough it can still go higher that your 600% profit, just like Poolz right now.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
600% is a good profit when it comes to investing in the altcoin market, you could still risk it in the market because it is still altcoin season and probably it might pump more in the coming months.
But you need to understand that you need to set a goal in your investment or set it at a certain price point to sell it because altcoin season could end and money in the market need to circulate, I never see a token in the market just continue to pump mostly up to 5years and then it is going to reset there is always a risk that market price is going to go down so always set a goal.
You could look at the chart of ATH of some altcoins where the market circulates and support is falling, as long as you made a good profit already it's a good time to sell already don't be too greedy.
It depends on how do you define the so-called potential aspect of an altcoin, Because If you have already gained a decent profit then it's good to go. because most of the time the greed will not benefit us instead it can cause a serious problem. In order to gain something, you must understand what you are doing, especially in the crypto industry that the risk and volatility are always present, and then if you have already gained a decent profit let's say 600% I believe there's no need for you to speculate or gamble again just grab it now for good and that was my opinion about it no more trick so that we can minimize the risk.
You don't need to compare it with another altcoin that is similar to your coin. What you need to watch the chart when there's a big signal for the bearish trend and you may sell your coin and go out with your profit.
If you are seeing the future roadmap of INJ and that will give you a clue about how potential your portfolio is.
The comparison will make you feel confused. Just try to make sure if you are always in profit.
If you are on 600% ROI for your investment and you can try to set it to 500%. That's why you will always need to watch the market. This is my 2 cents.
If you are seeing the future roadmap of INJ and that will give you a clue about how potential your portfolio is.
The comparison will make you feel confused. Just try to make sure if you are always in profit.
If you are on 600% ROI for your investment and you can try to set it to 500%. That's why you will always need to watch the market. This is my 2 cents.
What do you mean for "If you are on 600% ROI for your investment and you can try to set it to 500%" ?
Should I sell some to reach the 500% ROI of investment?
You don't need to compare it with another altcoin that is similar to your coin. What you need to watch the chart when there's a big signal for the bearish trend and you may sell your coin and go out with your profit.
If you are seeing the future roadmap of INJ and that will give you a clue about how potential your portfolio is.
The comparison will make you feel confused. Just try to make sure if you are always in profit.
If you are on 600% ROI for your investment and you can try to set it to 500%. That's why you will always need to watch the market. This is my 2 cents.
If you are seeing the future roadmap of INJ and that will give you a clue about how potential your portfolio is.
The comparison will make you feel confused. Just try to make sure if you are always in profit.
If you are on 600% ROI for your investment and you can try to set it to 500%. That's why you will always need to watch the market. This is my 2 cents.
Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Jump to: