Post
Topic
Board Altcoin Discussion
Re: When do you know its time to sell your altcoins?
by
missyqt29
on 30/11/2018, 01:43:53 UTC
Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss. 

I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%.  Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.

Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.

If I have a large volume in my hands, and considering the fact that cryptocurrencies market value is high, I think it is time for me to sell my crypto on the market. But I also set a criteria where I should hodl it for a month before I sell it.