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?
so I messed up. I had 0.1 BTC when Bitcoin was in $14000+ back in October. their USD Value that time was some $1400 or something I think. I invested them in some of top alts in binance. and now when Bitcoin's price is $37,000 today my account's BTC value is dropped to 0.06 BTC but their USD value is $2500 dollars.
now I am totally lost in confusion. I am in profit in term of USD and in lose in term of BTC. I have no idea what should I do. am I really in lose or in profit?
You invested $ 1,400 in the cryptocurrency, and now its price is $ 2,500. Of course, there is definitely a profit here, but if it is locked in, that is, converted to a stablecoin such as USDT.
I am now trying to watch the price rise of my tokens. So, the YOUC token of the YOUengine company, in which I took part in the bounty companies, for the period of receiving this token cost $ 0.009, and today it has risen in price to $ 0.037. I partially sell it and expect further price growth. Anyway, I've already made a good profit.