Topic: When will you sell your alts? - page 5. (Read 1215 times)

5x-10x return is great but I think alts has more potential than it. If we don't mind waiting more and maybe taking a lilttle bit of risk, we can try to look for more than those returns. A correction is not deep as a bear market but alts are much lighter than in BTC, so it's true that they can fall deeper than in BTC. You may be an alt enthusiast for you to only have a few alt but it is nice to know that you still consider them.

It is also the reason on why you only set a lower profit limit on them. Investing can be done through a DCA but a market correction is another good opportunity for us to take if in case we still have a money left in our pockets.

It is possible to make 300x not 30x profit from Altcoin if you can make early investment in any potential project.  However, it is very difficult to analyze how well any coin will do in the Altcoin market, which is why we cannot understand how well any coin will do in the long run.  Those who understand it by analyzing it can make huge profits from Altcoins.

3-5x return is too big for me based on my knowledge and what I understand about crypto. so I don't try to profit more than that because I might face losses.

I find making 10x really satisfying and enough but you have to be very lucky to achieve this, I tried it a few times but I wasn't lucky enough.
5-6x can be done more easily, sometimes I didn't like a good profit and this eventually led me to a bigger loss.
I don't think I can be patient for 10x, I set smaller goals now to be realistic, so if I make 5x profit on an altcoin, I will sell it immediately.

5 - 10x is too big for me, usually I only set a target of 3 - 4 in my investment multiplication. Maybe 5 - 10x or even 30x will be easy to get if we invest in projects that have a small market capitalization. However, it is difficult to find potential projects that have good developers.

For this reason, I tend to invest in major altcoins, even though the returns are not high, they provide a little security for my portfolio.

Trust me there are many coins that will do a 30x return , it’s very easy once u get in early enough.

I’ve already had one 30x this year and hoping to have a least 1 more next year.

When you buy the coin is a thing, but the coins to buy is the thing for me, there are so many altcoins that just saying it is possible is vague, what are the chances that one is going to hit a coin that will do 30x, very low mate.
I don't know the coin and i've not looked it up, but you really believe that this coin is going to go above $1?

that way you can take advantage of the halving, and that is an effective way even though it does not always affects the price that occurs in the market, but of course it depends on demand that is done by taking advantage of the increase, but in reality it depends on your own research in the market and that can also determine the direction that is expected.

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.

It depends when you buy the altcoin.

If you were buying in the bear market then 30x return with Altcoins is possible. If you are only buying now then it’s still possible but more difficult.

If you take Hbar for example, my average is $0.04 and it hit $0.37 a few weeks ago which gave me over a 9x return. The current price is $0.32 so I now only need it to 4x from current price to give me a 30x return from the price I got in at $0.04 which is definitely possible next year.

Is 30x and more a realistic expectation? I know that in the past one can be extremely lucky in crypto and hodl a coin that pumps like this, but how often does this happen and how many coins are you going to buy before you get the "lucky one".

That being said, i am not hodling any altcoin, so i am not looking at returns like this, i am currently only hodling bitcoin as i have been doing for a very long time, i expect bitcoin to touch $150k next year, when that happens i will decide on what to do.

its close to impossible have the same time frame for all altcoins. also you must watch closely updates like forks, new implementation, real use case and so on.
personally, I am trying to sell all "POS" coins. I don't think these are something profitable unless specific period of their life.
for sure some "crappy coins" ( these are more stupid than a classic shit coin) are still collected since few euro will not made any difference.
generally, the best resource is always to avoid these speculation. trying to be the "Buffet" of crypto is completely stupid since its more easy lost money and not to earn.
Yes I know that someone has been able to earn crazy amount of money, but other people have lost such huge amounts too...

We still have many months of 2025 bull run to come.

If you really have sold 85% of your alts then you will regret that in a few months when peak alt season is here.

I've sold 85% of my altcoin assets already, I am certain that they will not do so much as they've already done. Altcoins are so volatile, so it's smart to divest when you have the chance. Those who invested early must have made between 3-10x of their money in various altcoins, so it's a good thing for them. But if you are someone who invested late, just know that you've missed out on that jumbo winning as most altcoins may not do 2x anymore, let's be careful as we are getting closer to the bearish season daily.

If you gained something from your positions in the end - that is what matters.
And that comes from experience, knowledge, and much more.
No regret should be put to something that didn't work out initially - it's essential to make mistakes, but learn from them. Or to learn from others mistakes, which would be better.

Sell everything and made out some buybacks on the long crypto winter season. I have already learnt out on doing such thing considering that i have experience a couple of cycles on which you can be able to obtain up much more better rather than on holding up your position for too long. Bare in mind that on the time or moment that you do accumulate or make DCA and hold up for long term then making x2 or x3 with your investment is a bit hard specially if you've been dealing up with some top coins in the market on which not only with Bitcoin but also with some top altcoins on which it doesnt really give out that kind of gains if the bull market starts. Everything is really that always been a speculation on which there's no way that we can be able to determine on how this market will be ending up. Sell for profits as this has been our main priority on the time that we do step our foot into this field on which is to make money and this is something that will really be needed up for us to be wise on making up decisions. There are those who are really that good on making steps and decisions and there are ones who are really that impulsive. Each trader or investor will be that totally different when it comes into these manner and thats why profitability will really be that different into this aspect. Satisfaction isnt something that you can be able to obtain and everything will be basing up according into your preference into the gains that you are making. It will always reflect out into our skills and thats something a standard thing. The most important thing is to do the actions on which you wont be ending up on having regret. Sell on profits and then buyback if it would dip or make out some corrections.Rinse and repeat then make money, it might not sound simple or easy but its not impossible.

Alt season is upon us after the Bitcoin rally would halt.
We didn't even start yet.
 

You are going to leave a lot of money on the table if you cash out of your altcoins completely at 5x.

A 5x return is good yes but they can go a lot higher , especially as we approach 2025 which is going to be the peak year for this cycle.

Not sure if you are joking but if you are not then that is awful advice , altcoins are going to go a lot higher over the next few months.

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.

I've already gotten rid of all my alts.

I know that whenever Bitcoin takes the slightest slump you will have to sustain losses in every alt youlve been holding. So I don't think it's a sound investment to hold onto this money.

Basically it's interesting to observe this pattern. Some altcoins may have an inflated price, but will sooner or later go to zero. Most if not all. And even the supposed good ones, get much worse loses when bitcoin price falls. So yeah, sell high if you're holding alts. Now maybe s good time.