Hi all i have a lot of altcoins i invested before the bloody days and now most of then are down lik 50%. Should i sell them with no profit but also no loss or shold i keep them a little more to make profit? what would you do?
I think it is safe to sell them at ATH+%10 . I always do that, if a coin reaches to the ATH and goes %10 beyond it, I sell it. Before that I would not sell my coins at all unless I really need them myself for some real life expense that I have.
Aside from those types of emergencies the best time to sell is when it hits the end of a bull run, this is trading 101 honestly because you can't sell when its low, there is no point of selling something when it goes down, you should buy even more when it goes down, just sell it after it goes beyond the ATH prices.