Post
Topic
Board Altcoin Discussion
Re: Altcoin Investing
by
bandungan
on 03/04/2021, 14:22:31 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.

point 3 is it not too risky? because of the nature of altcoins when the pump is not all altcoins are able to survive and end up correcting or dumping. so when you get a profit, I don't think you need to be fast to look for large profits. you just need to adapt and take advantage of the existing situation