If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%
I think I will not need a percentage of profits. When I invest in any long term altcoin, I will set the norm. For example, I have invested in $ 2k. I want 2 years later that value will have to increase to 8k $.
If the price goes up before 2 years, I will sell it because it has reached the target. That is my investment strategy and hope it will help you.
Yeah the target needs to be made so that when you hold it for the long term you won't be confused until when you will hold it, the price target must also be in accordance with the circumstances and future of the coin market, don't let you make a price target that is difficult to achieve