Topic: when is best time to cash in ? - page 2. (Read 229 times)
When each and every coin is shining in the green is a sign of cashing out. Don't cash out on a red day like today because you are getting lesser fiat for your coins. But remember to cash out at regular intervals like once in a month or twice to avoid magic crashes and panic selling.
Personally, I base it on market cap. If the market cap gets into the top 50, I sell off 25%. At top 30, I sell off another 25%. I try to let 50% of my original holdings "ride" but if I see a promising project then sometimes I'll sell off a bit more to free up capital.
The easier way is to cash out half of your invesment and reinvest in better project. Also tell your friend to invest in Elixir, it is an very promising lending project.
hey guys,
i have a buddy and he invested 600 in ED in a few coins HST ARN, BBT etc etc and he is now up to almost 30k
he is pondering about when is the best time to cash in to reinvest ... given that the above coins still have alot of room for growth - does any one have an strategies they use ?
tnx
i have a buddy and he invested 600 in ED in a few coins HST ARN, BBT etc etc and he is now up to almost 30k
he is pondering about when is the best time to cash in to reinvest ... given that the above coins still have alot of room for growth - does any one have an strategies they use ?
tnx
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