Quote from: SacriFries11 on Today at 12:25:57 PM

Quote from: richstan69 on March 22, 2021, 02:36:27 AM

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.

I think 1% is good for every trade you made. It's called "risk management". It's a good way to trade your money depends on how much money you have.
Taking out your initial capital is also a good way so that you can secure your capital when you can continue to invest the rest.
Yes, I agree some altcoins after they pump suddenly reset and have correction so take profit then buy again after it reset.

1% it's really good, but your portfoliofor this must have 20k dollars. If you have less $, it's don't comfortable do this transactions.
x3 very optimistic, do for example: after 50-70% up fix 20% , and after everyone up 50% next 20% fix.