Post
Topic
Board Speculation (Altcoins)
Re: When to take profits from ICO
by
Kalender123
on 31/08/2017, 13:26:24 UTC
I believe you need to know in advance what you think is a good return. If price reaches this level sell 50% of the position and keep the rest. I would def. keep a portion of the tokens in such hot markets because it needs to just one time to go through the roof to make you a substantial additional profit.

The markets are so hot that it is worth taking the risks of making less money vs. making A LOT MORE profit...

By selling part of your position, you still made money AND have the chances to make even more money.

As the old investment saying goes: "Cut your losses and let your profits run"

I hope that helps, good luck

+1 i think this makes the most sense unless you are a strong believer in the project and in the team i would be in afor aloing long hold.