So I am really new to the ALT coin buying and trading, but I have been doing research on reading charts and have read a lot into XVG and the development team and read the papers on them and liked the road map they just put out. I'm small fish compared to a lot of people. I started into alt coins about a month and a half ago. My first coin was ETH and I put in 500 USD when it was at 64 USD, then sold half of it once it hit 290. So I could adventure into other ALT coins. I invested half of what I got from selling my ETH into XVG at 40 sats right before the last spike and have just been holding. I then put the other half into HMQ when it was at.10 cents. From what I can tell from the XVG charts is that is should be on the upraise for the next 1-5 days. However, I'm having trouble figuring out how high it will go. Also if it does go up over those days like i think. I want to sell some of it so I can get into another ALT, but also want to keep most of the XVG because it seems like a long term hold coin too. What's the best way to tell when you should sell? I'm just small fish that will hold most of my XVG and I"m gonna hold all of my HMQ but want to try and keep growing my profit, so I can make things a little more interesting. I work full time, so this has turned into a hobby that I'm really enjoying and trying to learn as much as possible to give myself the best chance at making some money on it. Any advice of what I should read up on would be much appreciated. Also, don't try to troll me, I have two degrees in undergrad and i'm working on my masters. I will read right through the bullshit. Thanks
For the most part I haven't seen much trolling in this community but that doesn't mean it won't happen if it ever does don't let it move you.
As to strategy, I would say that at this time with so much happening in Crypto World, and at the speed that is happening, the best way would be to continue research until you feel comfortable in parking or staking your USDs in a Coin or Asset. Meaningful diversification is tough when your dealing with little so concentrating on a particular would probably bring greatest returns if you made the right choice. Having a Million of anything becomes a Million USD when that choice becomes $1 in price. I hold on to my hunch that one day, maybe not too far into the distance, a coin like $XVG is going to be worth $1.00 - of course you'll have to come to that conclusion on your own. So for now keep researching and enjoy the ride - Cheers!