Post
Topic
Board Altcoin Discussion
Re: When will you sell your alts?
by
Abiky
on 21/01/2025, 00:24:16 UTC
It would be interesting to hear everyone's strategies for capitalizing on the peak of this bull run over the next 3-6 months.

What kind of returns would satisfy you?

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.

Personally, I'd sell alts once I get 2x - 3x a return on my investment. It's best to buy lots of top-ranked altcoins during bearish periods. Once the hype gains steam (bull market), you'll be able to sell for a profit. Rinse and repeat. Other than serving as experimental networks to test the Blockchain's capabilities/limitations, altcoins have no real use cases.

Bitcoin is and will always be the King. Even Ethereum turned into a "shitcoin" after switching to centralized PoS. For making money, altcoins do wonders. But for long-term stability/wealth preservation, they're terrible. Just do your own research to see what I mean... Cheesy