Post
Topic
Board Altcoin Discussion
Re: Altcoin Investing
by
ven7net
on 28/03/2021, 09:46:43 UTC
I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.


It is very important for me to have a strategy when investing in altcoins, as well as have a clear goal. My strategy is to choose a promising altcoin that has a potential for growth. Next, I calculate its probable future value and mark the price at which I will be ready to sell this crypto asset. Then I wait for the price to rise and sell. In doing so, I adhere to the standard investor rules and try to invest as much as I am willing to lose. I also know about the risks and this allows me to react to the purchase or sale of a crypto asset on time, which allows me not to lose, but to be always in profit.