Post
Topic
Board Altcoin Discussion
Re: When Do You Take Profit From Your Altcoin Bags?
by
Reb Klimrod
on 14/01/2021, 19:28:13 UTC
A very difficult question. Depends on the investment term. The safest thing to do is to set take-rates using a ladder (3-5 orders) at each resistance level. Not the most profitable strategy, you won't catch 10 X's, but you won't be forced to sit in one coin for a year waiting for a drawdown. But if you are ready to hold a coin for a long time, then you can set higher goals.