Post
Topic
Board Altcoin Discussion
Re: At what point do you sell your altcoins?
by
Yucky
on 11/12/2024, 07:38:27 UTC
i believe it would all depend on the performance of the coin, how many do i hold and for how much did i get it  so it’s difficult to put a specific number on it because of factors aforementioned

personally i would like to have the maximum profit a coin can offer you just have to make sure that you can sell at its peak right before it crashes
Exactly! Knowing that altcoins have lower potential compared to Bitcoin when holding an altcoin, I just wait for it to reach its maximum performance - typically a  +50% increase above that. Then, I sell it off. I don't want to risk a drastic drop in value, leaving me with regrets. My goal is to catch the altcoin at its peak period.

Unlike Bitcoin, which is currently on a bull run and attracting many investors, altcoins are sometimes unknown or underestimated, lacking active investors. But when you study the coin and notice a significant increase in its market value, I advise selling it off.