Post
Topic
Board Altcoin Discussion
Re: Is There an Impending Fall in Short Period?
by
tygeade
on 11/12/2024, 20:00:31 UTC
you're definitely doing something right, even in altcoin season these alts won't just go up straight to ATH they'd find retracement and then starts going up again.
I personally already sold some that already making good gain and planning to rebuy, but I also got trapped into some new alts and currently -35% Cheesy, it sucks but I guess just gonna wait it out.

I can see the BTC.D going up to 58% though, the recent surge of BTC dom has cause so many sell off that most of the alts which already went up about 100% going back to their initial price again, the volatility is wild.
I do agree that retracement is a key, but I also suggest figuring out a good way to buy back too. When something goes up whatever amount, you sell, but if it ever goes down 10%, then buying would be a good idea, because rarely things go more than 10% down, usually it goes down less, and if it goes down 10% or so, then it means it will start to go back up. I am sure that it is going to be something that will take a while, but we are not going to end up with a much larger situation for sure.

Hopefully, things could change, and we could end up with a return that would not be little. I am planning on making a bigger profit by just holding. I am sure that people will end up with a much bigger deal and could be doing a lot greater as well.