Post
Topic
Board Speculation (Altcoins)
Re: How do you decide on a buy price target?
by
Ojima-ojo
on 23/05/2023, 19:06:47 UTC
I've been interested in adding Optimism and ImmutableX to my portfolio but their price has been inflated after big run ups.
Why feeling so for a period not up to a space of three months if you hold your portfolios in an asset that gives future assurance, and regardless of whether or not it pick or fall at some points.


Having a well-informed selection of assets can give you a better chance of future confidence, and avoiding hyped assets also helps reduce frequent alteration of the balance figure.


Quote
Now they are both in freefall and I'm considering an entry point.

How do you decide where to take the plunge?  A certain %drop from the top or a %above bottom?

Or do you just look at previous levels as the traders always mention, Optimism is getting close to some previous tops at $1.3 for example.

Or do you get to buy targets from another source?
I plug in regardless of price, although I have been a single pair holder and Bitcoin is my best asset storage, I have an in-depth knowledge of another portfolio in the altcoin categories.

Jumping on a coin at some point is highly risky, and if not well calculated it may lead to such feeling as ops is having right now.