I hold an altcoin called Arcblock which I invested in last year at an average price of £0.09 and it reached an all time high earlier this week of £3.72 which is a 40x return. Current price is £3.35.
So far I have taken out my investment (£300) plus £1.6k profit but I am wondering if I should take more now or continue holding as we still have months to go, possibly even another year until the peak of the bull run so feel the price could go a lot higher.
So as of now you made profits which is quite high you chose to decide only a small percentage from it like 20-30%, but I would say get your 50% profit and reinvest them into some other coin which is the most conservative method from investment perspective but if you believe it can still rise and you already took more than you staked then there is no harm in taking the gamble but you should accept whatever the result whether it rise further or comes down to zero.