Quote from: Reb Klimrod on January 15, 2021, 06:22:10 PM

Quote from: CashbackLover on January 15, 2021, 01:20:36 PM

Quote from: kungi on January 14, 2021, 02:33:24 AM

Just wondering what your strategy for taking profits on alts?

Do you sell when your alts double against in USD or BTC? or what % to make sure ur safe from dumps?

When you sell do you buy more BTC or Rotate into another Altcoin?

Assuming I invested 200$ on a altcoin, I will have to make up my mind to take profit when I get 400$ back as returns, this is what many don't do, most want that 200$ to turn into 20,000$, I'm not saying this is impossible but the chances are too slim, it's better to learn how to be less greedy

Absolute truth. Better to do less but consistently. But many remember 2017 and the Xs overshadow their minds. Even if one day they manage to win x-20 jackpot, then with such a strategy, in any case, they will all lose at a distance.

I think is better with little profit but consistently where every time and every day we trade always get profit than have hold few year before reach much profit, some time looks crazy when we got many people holding much coin and get good price but we have sold all coin early when lower price, but we can get profit every day and they have other source income so is not look worry when holding few years later with their assets and keep hold it.