Post
Topic
Board Altcoin Discussion
Re: Selling shib to buy other alt coin?
by
Adreman23
on 10/03/2024, 07:06:17 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.
You need to have a plan for your investment before buying it. You should have a target price for selling or taking profit, or a stop loss. Switching your altcoin investment from shib to other altcoins is a risky move because you might not be lucky with the altcoin you choose. It might be better to withdraw your capital and use the profit to reinvest instead. Why not buy the top 5 altcoins instead to lower the risk?