Post
Topic
Board Altcoin Discussion
Re: When will you sell your alts?
by
stomachgrowls
on 14/01/2025, 17:56:24 UTC
Personally, I’d be thrilled with a 5-10x overall gain, though I do have a few altcoins I’m planning to hold longer, aiming for the possibility of a 30x or even more.
I don't have any altcoin in my possession rather than bitcoin and I wouldn't expect much from bitcoin provided it creates new ATH of the year, after which I don't mind selling to secure profits and wait for the next bull run to refill my bags again while we sail on the blood bath. Altcoin is actually cool to hold but sometimes they puts one into high blood pressure because you never can predicts how they are being manipulated in the market, coin like Ethereum, BNB, SOL, XRP, DOT and few others that are found trust worthy.

Interesting. I do believe that we are in the last part of the bullrun and bitcoin is definitely a safer investment than alts, especially if you take profits. But I am honestly okay with risking some money in altcoins and holding them for some time. When do you think altseason will start?

No one knows when the top of the bull run will be I've seen some predict March and some say as late as November.

Me personally I don't see the top of the market coming before May at least but if the market is pumping in a few months then I will have taken a lot of profits out by then.

Trump will be in office in only 6 days now so I expect the market to start doing well again in the next few weeks and altseason start next month.
No one will really be able to predict on what would happen on this upcoming bull run on this year but basing up into the current condition or basing up into the history alone then we can really be able to tell that we do really have this years bull run but we cant be able to know on which month we will really be having. Also its not really that good when we do speak about safe investment even if we do speak about Bitcoin on which it is really that still important that you do really need up to consider about on the risks involved when dealing up with crypto investment. It is really that recommended that you should be having those management when it comes to the money that you are really that putting into this field.

For altcoin investment then it is really that recommended that you should really that know on when to take profits because if we do really tend to look up on market cycles on which if you do keep on holding up for long term specially on your altcoin holdings then you will be having that kind of situation on where bear market hits and on the time or moment that it do happens then you havent been able to make yourself that sell out for profits on which this is usually the main problem for most people is on the moment that they had missed out on securing profits and thats why it really that important that you do really know on when to take up profits.