Post
Topic
Board Altcoin Discussion
Re: Taking Profits on Altcoins Strategy
by
ene1980
on 09/07/2021, 23:38:52 UTC
I think it is also difficult to predict the peak of a bullish cycle, especially of some altcoins that could really attract a lot of interest even in a lateral situation like that of these weeks.
When the market started rallying there were many new hyped up coins and tokens that appeared and gave everyone the opportunity to make huge amount of profit and the only problem is that when the hype dies off you will end up loosing your investment, there are many NFT projects that came out with a bang and the price peaked to levels that we never expect and then the massive sell off took the entire market down and if you were able to book the profit during the rally you were lucky and i am not confident to enter those once again.