Hello, I'm new here and also new in the cryptocurrency world.
I already bought some coins and got 5% to 15% gain in some of these coins.
My question is, what is your accepted gain/loss % before selling the coin? If you get 5% should you sell it or just wait for it to continue growing?
The question comes because I did not put a lot of money on that, thus I think that I need to buy/sell more frequently to increase my cashflow. Does it make sense?
I would probably hold to some altcoins for the long term when I have more cash to play with.
Thanks!
I already bought some coins and got 5% to 15% gain in some of these coins.
My question is, what is your accepted gain/loss % before selling the coin? If you get 5% should you sell it or just wait for it to continue growing?
The question comes because I did not put a lot of money on that, thus I think that I need to buy/sell more frequently to increase my cashflow. Does it make sense?
I would probably hold to some altcoins for the long term when I have more cash to play with.
Thanks!
If you put a little money, of course, you will earn a little too, but I agree with you with a little money. Keep training on it because become trader also need a patience, you just earn and haven't lost your money yet? If you're not FOMO of course 10% gain is enough. How much %loss then sell? I don't know yet because I'm also holding my coins whatever the condition
