Post
Topic
Board Trading Discussion
Re: Investing and Trading Strategies.
by
ipanks
on 12/02/2021, 17:02:29 UTC
I guess there's many ways to do this. Let's say you invest £500. Your goal is to 10x you investments and happily pull out.
You invest in 5 coins. £100 each.

You track your investments and see that on your £500, you now are overall 100% up and see you have made £500, so £1000 in total.

Would you pull out £500 or would you leave it all in to grow to your 10x?

Any strategies here I can get to know?
Maybe you can sell for some amount and leave the rest in the wallet because the price can still increase. If you can sell some amount, you will have a chance to buy back the coin, and that means your coin amount will increase than before. But if you believe that the coin price will still increase until 100%, you can hold the coin and just wait. But there is no guarantee for when the time will come and make the price rise to 100%.