Post
Topic
Board Altcoin Discussion
Re: At what point do you sell your altcoins?
by
Iranus
on 19/07/2024, 15:26:58 UTC
Be interesting to hear how we all plan to profit from the peak of this bull run over the next 6-12 months.

What return will you be happy with?

I feel a 10x overall would be great personally but i do have a few altcoins I plan to hold longer in the hope they can 50x or more.

That will depend on what altcoins you hold and, more importantly, at what price you buy them. Many altcoins have dropped more than 60%-70% in the last 2 months and if you buy them at the best discount then you can target the big profits they can bring you. But if you buy some altcoins with no potential, altcoins with high capitalization or buy at high prices, you cannot expect that they can bring you x10 or x50 profits.

In addition, don't forget that high profits come with high risks, so don't be too subjective that when the cow season comes, making huge profits by investing in Altcoin is easy. Not all altcoins can perform well during the bull season, and not all of them will survive until the bull season arrives.