Post
Topic
Board Altcoin Discussion
Re: At what point do you sell your altcoins?
by
betswift
on 22/07/2024, 09:40:51 UTC
I would be happy even with 4-5x, and that's my goal with any altcoin. There is too much risk waiting for it to go 10 times more than taking what you already can. That way, I won't be upset even it goes higher, and especially if it dumps down.

Have you been in altcoins long?

4-5x is great yes, but you will be surprised how quick they can go from 4-5x to 10x or more.

I use my example with Kaspa again, I bought at $0.02 and I sold all of mine by $0.10 so that was a 4x for me but it is currently $0.18 and many are saying it will reach $0.50 minimum over the next 6 months.

I got a 4x selling at $0.10 but would have got a 25x if I had held to $0.50 over the next 6 months. That is a massive difference in returns and one of my regrets selling too early.

You are right, but, then again, it could go from 4x either to 10x and >25x or into 0x or even a minus, thus, I am always going with a safe option. At least I try Wink There is a lot that can happen in 6 months with an altcoin, and I am not talking about shitcoins.