Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: At what point do you sell your altcoins?
by
Issa56
on 06/12/2024, 20:52:46 UTC
⭐ Merited by SOKO-DEKE (1)
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.
Everyone will definitely have a target for themselves, and you won’t have a general target for all the coins that you are holding, you don’t expect all coins to perform well, and some won’t really be performing well, so make sure you do your research to know the coins that are going to perform well and set high targets for them, and the ones that won’t be performing well, and make sure your target is lower.
 
What kind of altcoin are you holding? If you are holding altcoins that have been in the market for some time, then expecting them to do 50X will be just kind of difficult, the coins that you will be expecting such a massive reward from are all those shitcoins just entering the market, which I don’t really encourage people to invest their money in because the risk is just always too high. I know if you're lucky, you will be making a high reward, but the risk isn’t just worth it.