Post
Topic
Board Altcoin Discussion
Re: At what point do you sell your altcoins?
by
Stable090
on 21/07/2024, 13:35:02 UTC
You are in Bitcoin of course you are not going to get 5-10x return, u will be lucky to get 2x from current price.
Depending on how long I leave bitcoin and since I have been holding it, it will determine the amount of X it’s going to do for me. Some people are targeting only the bull run, but even after the bull run is over, bitcoin will still continue to grow, so I don’t really have the intention to sell all my bitcoin in the next bull run, I am planning to hold some for future purposes.

This is why I am in altcoins, I have one that has done 42x, a few that have done 10x and many that have done 3x already and we still have the real euphoria stage of the bull run to come over the next 12 months.
Yeah, altcoins can give you such a mad pump within a short period of time, but I hope you know that the coin that has 42X for you can crash at any moment and you will be left with nothing left. That’s just why altcoin investment is just kind of risky compared to bitcoin investment. If you haven’t sold your altcoin yet, don’t believe the money is yours yet.

I plan to take my altcoin profits this bull run over the next 12 months and then buy bitcoin with those profits in the next bear market
Maybe you are just kind of greedy because you said you have to make 42x, 10x, and 3x in some of your investments. Are you not supposed to take your profits from those investments? Some might even crash even before the bull run starts.