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?
10 to 15 percent gain are enough for me but depends on my monitoring and for my feelings, if feel the coins going dump again I sell it I not wasting time to resell to get profit, that's why trading need to monitor and giving long time to get earn.
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!
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I suggest to research the cheaper altcoins have potential to grow for your long term invest.
putting small amount of money depends on the trader's its up to you how much money you want to invest.