Quote from: soenan on Today at 06:27:55 PM

Quote from: cryptomark2021 on February 07, 2021, 11:55:42 AM

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.

Don't compare your altcoins with other altcoins because they are not the same. Defining the potential aspects of an altcoin depends on your point of view. you need to know that altcoins that have the potential are always profitable and to determine the right time to sell it is all up to you, depending on how you decide to make a profit.

Comparing to other altcoins will only make your decision troubled. Altcoins have their own developments and they have their own time to grow in the future. If your coin has already made 600% profit then i think that's already big enough. You may wish to sell a fraction of it so you can also enjoy your profit. And keep on investing on the remains because as you've said, the coin has still got more potentials to grow in the future.