Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?
Thank you.
Now all altcoins have huge potential because the market is growing and they are catching up with bitcoin. I would not even call it an alt season. But if the market goes down, then altcoins will start to fall much faster than they grew. So be careful, don't invest only in altcoins!