Post
Topic
Board Altcoin Discussion
Re: When will you sell your alts?
by
Wakate
on 16/01/2025, 18:31:40 UTC
Well it’s never a good idea to sell your entire stack but there are times when taking profit is essential. Altcoins still seem to follow the standard four year Bitcoin cycles which most of us are familiar with. Obviously the answer to your question is to sell when you are in profit. To maximise your profits though you should sell some in halving year and one year post halving, specifically the year post halving so that’s next year.

I agree, it’s rarely a good idea to sell your entire stack, but taking profits at the right time is key. I have started taking profits a few weeks back.
Many investors are still not aware about when to sell their holdings and when to buy more. Some people are still buying  more because they were told to buy without thinking about whether that's the best time to buy or not. We should not just keep holding altcoins because the market is neev stable. It is good you buy and hold, after a while you can sell part of your holdings because their many projects to that keep losing value especially when their is no innovation or latest updates that will trigger more investors to buy more token with the possibility of the price increasing within a short period of time. It is also good for us to always review our portfolio to know when to sell and what to sell before buying.