When will you sell your alts? - page 2.

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Quote from: SmartGold01 on January 11, 2025, 05:52:29 AM

Quote from: ? on December 23, 2024, 09:00:50 AM

Personally, I’d be thrilled with a 5-10x overall gain, though I do have a few altcoins I’m planning to hold longer, aiming for the possibility of a 30x or even more.

I don't have any altcoin in my possession rather than bitcoin and I wouldn't expect much from bitcoin provided it creates new ATH of the year, after which I don't mind selling to secure profits and wait for the next bull run to refill my bags again while we sail on the blood bath. Altcoin is actually cool to hold but sometimes they puts one into high blood pressure because you never can predicts how they are being manipulated in the market, coin like Ethereum, BNB, SOL, XRP, DOT and few others that are found trust worthy.

Interesting. I do believe that we are in the last part of the bullrun and bitcoin is definitely a safer investment than alts, especially if you take profits. But I am honestly okay with risking some money in altcoins and holding them for some time. When do you think altseason will start?

markm

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I don't exit positions, the market price enters and exits my range of positions, if by positions you mean individual buy and sell offers.

My positions simply move from the sell side to the buy side or vice-versa, profiting in one direction or the other in so doing.

I am in each trading-pair for a reason; if everyone else exits all the more for me, "I am become whale!"

Whaledom has its perks.

Ideally of course my range of positions is wide enough there is no exit for price, it remains trapped between top of my buy side and bottom of my astronomically tall sell side...

-MarkM-

noormcs5

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Quote from: ? on December 23, 2024, 09:00:50 AM

Personally, I’d be thrilled with a 5-10x overall gain, though I do have a few altcoins I’m planning to hold longer, aiming for the possibility of a 30x or even more.

I don't know why people aren't using the data to determine when they should exit from the altcoins in this season. You need to have exit plan both for bitcoin and altcoin. While I would want to keep bitcoin for the long term and may hold in the bear market too, I would like to exit altcoins in profit in this bull season.

We should watch the Bitcoin dominance and then plan a strategy. Current B. dominance is 58.5. As soon as it reaches nearly 40, I would exit all of my altcoins position as I don't think it will go further beyond this level. It may go to 35 too but that will be risky to wait for lower levels, at 40 B. Dom could be the best time to exit from alts.

?

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Quote from: TastyChillySauce00 on January 12, 2025, 11:01:40 PM

Quote from: Pjcr7 on January 10, 2025, 10:17:59 AM

I believe Alts have the potential of doing multiple x's this period, especially after Trump is being sworn in as the President of the United States of America, remember that he has included lots of crypto enthusiasts in his cabinet. So expect some pumps in few weeks time and don't forget to take profit when you see them.

I think at that time, it's more of BTC getting the spotlight and could potentially have another BTC dominance bullrun which means altcoin might be in danger but regardless it's just speculation.
the one thing that's really become a problem is rumour about US selling the BTC, if that happens, there will be some people panicking and thus dips created.

it could definitely affect altcoin as well because altcoin always shown to be following BTC dump this bullrun around although not necessarily going up when BTC going up Grin

.

We will go down, and then go up.
Always was like that before we hit the biggest ATH yet.
Nothing to worry about for those who were there for a long time and understand their possibilities Wink

bettercrypto

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Quote from: coin-investor on December 23, 2024, 09:19:05 AM

Quote from: ? on December 23, 2024, 09:00:50 AM

It would be interesting to hear everyone's strategies for capitalizing on the peak of this bull run over the next 3-6 months.

What kind of returns would satisfy you?

5x times is good enough to sell; 10X then I will be extremely lucky; it really depends on the amount you've invested. A $10,000 investment and 10x profit is very satisfying. You need to set up your target. I usually sell 50% at 5x profit and sell everything at 10x profit with a promise not to regret if the profit goes higher.
Its ok to be greedy, but you have to be aware that too much greediness can eat your profit if you happen to sell late.

if 5x a month profit then I think that's fine then just maintain it. But the question is, has anyone done this in a short-period of time in trading?
If I'm a day trader, I'm happy with about 5-15% profit in trading.

As long as the important thing is not to lose profit in one day. Or even if it's at least every week it's still fine for me, even twice or thrice a week is still not bad actually.

TastyChillySauce00

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Quote from: Pjcr7 on January 10, 2025, 10:17:59 AM

I believe Alts have the potential of doing multiple x's this period, especially after Trump is being sworn in as the President of the United States of America, remember that he has included lots of crypto enthusiasts in his cabinet. So expect some pumps in few weeks time and don't forget to take profit when you see them.

I think at that time, it's more of BTC getting the spotlight and could potentially have another BTC dominance bullrun which means altcoin might be in danger but regardless it's just speculation.
the one thing that's really become a problem is rumour about US selling the BTC, if that happens, there will be some people panicking and thus dips created.

it could definitely affect altcoin as well because altcoin always shown to be following BTC dump this bullrun around although not necessarily going up when BTC going up Grin

.

Andrija Branislav

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Quote from: LETme on January 11, 2025, 09:45:25 PM

My main strat is to Focus on projects with strong fundamentals and avoid coins driven only by hype. Plan my exit strategy, and consider setting stop-losses to protect gains. After making a profit, I can reinvest in safer options like Bitcoin, Ethereum, or stablecoins to preserve value while waiting for new opportunities. I believe no one can perfectly time the market, so it’s better to lock in profits than risk losing them.

A good setup technique if we want to apply it. Of course, the selection is not arbitrary. Currently, BTC has not shown any signs of a strong increase and is still in a position to hold its support. Of course, this condition sometimes makes us happy and annoyed if we hold it and the most noticeable is those who hold altcoins if the closing is weak, it is not impossible that the price will quickly break down.

LETme

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Quote from: ? on December 23, 2024, 09:00:50 AM

It would be interesting to hear everyone's strategies for capitalizing on the peak of this bull run over the next 3-6 months.

What kind of returns would satisfy you?

Personally, I’d be thrilled with a 5-10x overall gain, though I do have a few altcoins I’m planning to hold longer, aiming for the possibility of a 30x or even more.

My main strat is to Focus on projects with strong fundamentals and avoid coins driven only by hype. Plan my exit strategy, and consider setting stop-losses to protect gains. After making a profit, I can reinvest in safer options like Bitcoin, Ethereum, or stablecoins to preserve value while waiting for new opportunities. I believe no one can perfectly time the market, so it’s better to lock in profits than risk losing them.

Wakate

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Quote from: Pjcr7 on January 07, 2025, 09:38:21 AM

Quote from: EarnOnVictor on January 07, 2025, 08:50:04 AM

Are you sure? Things are changing, altcoin season may never come again with the way things are unfolding. Let's enjoy it the way things are now.

Alt season is still on the way, this is January, between the period and February Alts won't make any significant growth, but I'm guessing from March and April the pumps will start on Alts.

Everyone is still going to see some good movement in the market especially concerning altcoins. I am very convinced that by the time the price of Bitcoin starts the bull continuation, it is going to influence the price of many altcoins projects to continue with the bull. Every holders need to be patient at this time because the price of Bitcoin is still ranging and we could see some multiple read candles before the continuation. Anyone that is not holding a strong altcoins would be disappointed in this bull run because they will be waiting while other strong altcoins are creating new highs. We need to go get good altcoins now and swap those ones that are not responding well or have the tendency to create new highs

Stalker22

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Quote from: DeathAngel on December 24, 2024, 02:26:12 PM

Well it’s never a good idea to sell your entire stack but there are times when taking profit is essential. Altcoins still seem to follow the standard four year Bitcoin cycles which most of us are familiar with. Obviously the answer to your question is to sell when you are in profit. To maximise your profits though you should sell some in halving year and one year post halving, specifically the year post halving so that’s next year.

Im not so sure if just selling altcoins a year after Bitcoin's halving is really the best plan. Taking profits at the right time matters, yeah, but the market is more complicated than just Bitcoin's four-year "schedule" and the whole altcoins follow Bitcoins cycle thing might be true in a basic sense, but theres a lot more going on under the surface. Like way more factors impacting prices left and right. So while the halving timeline gives a good high-level view, actually nailing the perfect time to sell involves getting into the weeds a bit more. Maybe rigidly sticking to the sell after a year idea leaves gains on the table. But hey, at the end of the day, do what works for you. The altcoins markets can be tricky to figure out.

markm

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Quote from: jumail on January 11, 2025, 03:36:15 PM

Quote from: DeathAngel on December 24, 2024, 02:26:12 PM

Well it’s never a good idea to sell your entire stack but there are times when taking profit is essential. Altcoins still seem to follow the standard four year Bitcoin cycles which most of us are familiar with. Obviously the answer to your question is to sell when you are in profit. To maximise your profits though you should sell some in halving year and one year post halving, specifically the year post halving so that’s next year.

Interesting strategy! I’m also waiting on some price movements from altcoins I got a few years ago through bounties. Hopefully, they follow the cycle you mentioned. My target is around the presale price or the token’s ATH — or at least close to it. I’ll take partial profits and then go into wait-and-see mode.

I’m really counting on this bull run since I’ve been holding those altcoins for quite a while now.

If the coins or tokens are as crappy as seems to be implied, even or maybe especially if they are so crappy as to be widely regarded as "dead", depending on how many of them you have, and maybe almost more-so what percent of its total ever minted or maybe ever to be minted you have, revival might possibly be feasible; even despite huge "bags" of ancient coins sitting in gosh knows how many people's ancient data-archives the Galactic Milieu is still chugging along despite some number of its coins having been widely regarded as "dead" from time to time sometimes for a long time at a stretch...

-MarkM-

jumail

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Quote from: DeathAngel on December 24, 2024, 02:26:12 PM

Well it’s never a good idea to sell your entire stack but there are times when taking profit is essential. Altcoins still seem to follow the standard four year Bitcoin cycles which most of us are familiar with. Obviously the answer to your question is to sell when you are in profit. To maximise your profits though you should sell some in halving year and one year post halving, specifically the year post halving so that’s next year.

Interesting strategy! I’m also waiting on some price movements from altcoins I got a few years ago through bounties. Hopefully, they follow the cycle you mentioned. My target is around the presale price or the token’s ATH — or at least close to it. I’ll take partial profits and then go into wait-and-see mode.

I’m really counting on this bull run since I’ve been holding those altcoins for quite a while now.

SmartGold01

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Quote from: ? on December 23, 2024, 09:00:50 AM

Personally, I’d be thrilled with a 5-10x overall gain, though I do have a few altcoins I’m planning to hold longer, aiming for the possibility of a 30x or even more.

I don't have any altcoin in my possession rather than bitcoin and I wouldn't expect much from bitcoin provided it creates new ATH of the year, after which I don't mind selling to secure profits and wait for the next bull run to refill my bags again while we sail on the blood bath. Altcoin is actually cool to hold but sometimes they puts one into high blood pressure because you never can predicts how they are being manipulated in the market, coin like Ethereum, BNB, SOL, XRP, DOT and few others that are found trust worthy.

Segmadis

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I don't think I will ever sell all of them.
Last year I was testing a new strategy which for few positions worked great.
1. I buy some coins just to be able to track the price better.
2. if the price of any of these coins drop to at least 50% I buy more so I cut the loses
3. if and when any coin gain at least 400% (like SUPER) I sell and I am left with the exact same value that I have invested in this coin so far.
4. The rest of the money that I made are left alone till I find another coin to invest.

Unfortunately this requires a lot of patience, but it is very good when one coin gains 400% and you sell

Marvell1

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Quote from: kentrolla on January 10, 2025, 03:18:14 PM

Patience is the key for achieving muti fold profits here and I have learnt it through my experience that never sell altcoins for loss unless you bought them at their peak. I usually wait for the bullrun or the period where it's value crosses more than 2x and sells it right when it starts to drop post rally.

The only regret I have right now is the investment I have made in Cardano 3 years ago and still couldn't achieve breakeven.

Patience is key when investing but that is not always true in the altcoin market as investing in altcoins is very risky. Investing in altcoins is more like gambling, not like when we invest in bitcoin. Many altcoins tend to not grow, stagnate after a period of development or worse, disappear or collapse at any time. Therefore, when investing in altcoins, we need to constantly update the situation, and cutting losses is necessary if we feel the investment is no longer reliable before it is too late.

Patience would be more appropriate and correct if we invest in bitcoin but with altcoins, use it flexibly because many altcoins are not worth our trust and faith in the long run.

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Quote from: JamesDaniel90 on December 24, 2024, 04:29:50 AM

Been buying altcoins for a few years now and for me to feel like it’s been worth it I want a 10x minimum when I sell next year.

My main 2 altcoins are currently XRP & Hbar and I am almost up 5x on both and holding until I get 10x minimum which I know I will get next year, just not sure when.

Thanks for the info.

We still have to wait for Eth to pump and Btc to start consolidating. I'm planning on selling mid March/April maybe even May.

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Quote from: Ultegra134 on January 08, 2025, 06:21:01 PM

Quote from: EarnOnVictor on January 07, 2025, 08:50:04 AM

You've done well for yourself but let's be clear, if you are sticking to those you've initially bought that are earning the decent multiples for you, then it's good, but if it is another new investor who is just trying to make money from the market and still expecting as high as x3 or x5 in this short time remaining, then that is not going to happen. We have too many altcoins not to make such view feasible.

Thanks. I generally believe that most altcoins are a hit or miss. I've had most of those for quite a while, some are over one year old and acquired through Binance's launchpool, thus, I haven't actually spent any money on them. From what I've encountered, sometimes it's way more likely to achieve major returns when a coin is during prelaunch or when it's relatively new. For instance, I bought a few dollars worth of PEPE just for fun, for the sake of buying. I don't support the coin but it seems that these meme coins are massively driven by hype. I spent $5 at most, and they're worth approximately $40 now. Imagine what would happen if I had spent a major amount of money.

Sometime back I was also using this strategy and I never spend my own money for having these altcoins even though I have good profit from few ones as well, but now things are taking good changes, and we are having no opportunity like we have few years back even now system changes, and we have few airdrops and free coins which are spreader by developers through different launchpads.

I have Shib and PEPE as well which were worth to keep because recent rally give good amount to me for keeping them on few different wallets but with this last point I am not agreed because while peoples understand about these meme coins they never spend huge amount for having them specially while they are not sure about their future but we still have few stories about them social media which is giving encouragement to newbies for spending in them.

kentrolla

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Patience is the key for achieving muti fold profits here and I have learnt it through my experience that never sell altcoins for loss unless you bought them at their peak. I usually wait for the bullrun or the period where it's value crosses more than 2x and sells it right when it starts to drop post rally.

The only regret I have right now is the investment I have made in Cardano 3 years ago and still couldn't achieve breakeven.

cute nmp

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During a bull run, I aim for a 5-10x overall gain and take profits along the way. I still hold a few altcoins for a shot at 30x, but I try not to get too greedy. The key is sticking to the plan and not letting hype take over though market seems too extended.

Pjcr7

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I believe Alts have the potential of doing multiple x's this period, especially after Trump is being sworn in as the President of the United States of America, remember that he has included lots of crypto enthusiasts in his cabinet. So expect some pumps in few weeks time and don't forget to take profit when you see them.

Topic: When will you sell your alts? - page 2. (Read 1215 times)