Post
Topic
Board Altcoin Discussion
Re: Selling shib to buy other alt coin?
by
bitzizzix
on 09/03/2024, 20:51:06 UTC
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.

Depends on you, if you think getting 800 from 250 is enough, it's better to sell it and buy another potential coin/token, right now we are in the halving hype, why not try buying Bitcoin (BTC) and ride the wave?

If you don't want to choose Bitcoin (BTC) and prefer altcoins, just choose the major altcoins that are in the top 30 of CMC, there are lots you can choose from there.


I already have like 2k in btc, is that too little? Should I maybe get eth or xrp?
Indeed, most people will never be satisfied with the profits they get, in my opinion you have made quite a big profit and 250 to 800 is a cool profit.
There is nothing wrong if you want to get much bigger profits because in the crypto world anything can happen. But it is worth considering because I think Shiba will most likely increase your profits, because the bull run in the market is not over yet, it is very likely that Shiba will increase again. And the most important thing is that you have to sell it at the right time.
And there is nothing wrong if you sell it and buy Bitcoin even though you already have it and the most important thing is that you replace it with a coin that is much more profitable, not reducing the profits you have earned.