Post
Topic
Board Speculation (Altcoins)
Re: When to sell?!?
by
Coin_trader
on 14/11/2024, 12:41:00 UTC
So with the recent spike in BTC price (and other ALT coins) when is a good time to sell?

Im particuarly interested in ALT coins as I would be keen to sell these off and invest in BTC or ETH. The ALT coins I have invested in:


When you are already happy on the profit. There’s no specific time on the perfect selling date since price behaves randomly. You can use Fibonacci level to determine the ideal price growth for the current trend if you want something as guide.

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Also is it worth selling the BTC shares and then rebuying when it dips again?

Of course since you will hold more Bitcoin. But the problem on this method whether Bitcoin will still dip below your selling price. You might feel FOMO in the process and commit mistakes that cause loss. So better hold.