Post
Topic
Board Altcoin Discussion
Re: At what point do you sell your altcoins?
by
Huppercase
on 19/07/2024, 19:58:44 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.

I don't think time is a factor for profit but how the profit comes is the factor. I have participated in a public sale of a coin that lasted for two weeks and made 15x and I exit the project quickly because some profits are just one time and if you refuse to used the golden opportunity, that's all for you, no amount of days, weeks and months can make you get back that profits no matter how you hold the coins.

Some coins have proof to be time based like when in bull market that's when you see them go up but most importantly if you see that you have made some money already, there is no need in holding them forever, to even see 10x in this bull run is hard. The only coins that are given significant and huge profits are meme coins but we all know the twist of meme coins, you can make or break doing them.