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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: JamesDaniel90 on December 19, 2023, 11:30:35 AM



Title: When do you take out your investment when in profit?
Post by: JamesDaniel90 on December 19, 2023, 11:30:35 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?


Title: Re: When do you take out your investment when in profit?
Post by: sunsilk on December 19, 2023, 11:43:46 AM
Just take your profit whenever you think that you're good already. When we think that there can be more profits that is awaiting us, this makes us greedier and the result can be more disappointing when we're like that.

Speaking of my experience, it's best to take profits when you're satisfied. Take out your initial and let your profits on its own. Or take your profits and leave your capital there and let it move until the next bull run comes.

Congratulations if you have made a profit already. Just a reminder to take profit whatever it takes.


Title: Re: When do you take out your investment when in profit?
Post by: MAAManda on December 19, 2023, 12:15:13 PM
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

It's not difficult to make at least X2 or X3 from investing in altcoins, but that doesn't mean you have to TP on X4 or X5. If I were you, I would do TP and look for and research other potential altcoins, therefore I can say that you're too greedy, also remember that altcoins don't have the stability of Bitcoin (although Bitcoin itself is very volatile).


Title: Re: When do you take out your investment when in profit?
Post by: Wiwo on December 19, 2023, 02:09:04 PM
The criteria I consider before entering or holding any coin is to first of all check the coin and what my mindset is towards the project,  if it is worth me holding for long term or just short term bases,  this helps me to put timing on my investment and when I take important action inline with the dollars cost average value of the investment,  so for sure if I hold a coin and the price already did a 1x profits merging that means I am already in profits and at that can sell at any time I wish,  so it left for you,  because this is your personal call and you have to decide according to your preference and conditions.


Title: Re: When do you take out your investment when in profit?
Post by: uneng on December 19, 2023, 02:52:08 PM
What does everyone else do when it comes to altcoins?
What was you initial goal when you purchased those altcoins? Did you intend to hold for how long or until making how much profit over it? You should have a plan and stick to it. However, if you don't have any, and considering how much progress you have already made you should cashout at least a percentage of your profits, as a guarantee you won't lose the initial investment anymore. Moreover, you can also use part of the profit made through altcoins to invest in Bitcoin, which won't return you x4, x10 profitability, but it's the most assured cryptocurrency to hold without worries of a unrecoverable dump to zero on the next day.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
Many investors don't even achieve to double their money through altcoin investments, due to investing in scammy projects or waiting too long to cashout. You have already done 5x in one investment and x10 on another. That is huge! In my opinion, to seek more from this right now is indeed greed. If I were you, I would gather the fruits and prepare myself for the next sowing.


Title: Re: When do you take out your investment when in profit?
Post by: kentrolla on December 19, 2023, 04:27:47 PM
I not very active into Altcoin at the moment though occasional investments are there. But when I was active in Altcoin I used to have a very calculated plan wherein i wouldn't take profit until a certain returns and if once that number is breached I used to actively involve myself by setting stop loss 5-7% lesser than the current value and 15% higher as take profit and on e the value of coin goes close to that 15% increase I would cancel the take profit and once again set up renewed stop loss at 5-7% and take profit at 15% higher and the cycle repeats to get the most out of bull run.


Title: Re: When do you take out your investment when in profit?
Post by: Essential10 on December 19, 2023, 05:00:57 PM
As the price of Bitcoin rises, many altcoins are pumping. It's great that you've seen the face of profits in altcoin investing. It is your personal decision whether to keep the coins or not. Keep in mind that greed can often lead to losses. I think if you are happy with the profit you made then you can take profit. Don't let the desire for more cloud your decision.  It is also a good idea to consider taking your initial investment and letting the profits grow or reinvesting them during the next bull market. Ultimately, the key is to be smart and strategic about managing your profits. Always remember to prioritize profit taking.


Title: Re: When do you take out your investment when in profit?
Post by: KingsDen on December 19, 2023, 05:09:54 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
You have asked a similar question in the bitcoin discussion board. I just took my time to revisit your question and it is so identical. Why repeating same question in different boards? This can be regarded as spamming.
Let me give you benefit of doubt that the question in the bitcoin discussion board was meant for your bitcoin investment while this is for altcoins investment.
If you invested in an altcoin and already in X10 profit, what again are you waiting for to sell. I am just so scared that I do not invest in altcoins, but if I have a legit information about any altcoin, I may change my mind and invest. X3 is a very huge profit I mean.
Although, altcoins investment is just like gambling, the reverse can also happen. That is the reason I have sticked with bitcoin.


Title: Re: When do you take out your investment when in profit?
Post by: electronicash on December 19, 2023, 05:27:27 PM

if you don't need the money yet, you can wait til the ATH of BTC after halving i think more of the altcoins will hit 10x. just a suggestion.

the altcoins i bought also pumped especially the memecoins but because i see no reason to withdraw yet and i have no plans yet on what to do with the money i'd just let it be hoping for it to go wildly up when BTC halving is over. the market will then be insanely bullish along with the ETF fomo.


Title: Re: When do you take out your investment when in profit?
Post by: Mpamaegbu on December 19, 2023, 05:47:33 PM
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
For me, I don't even calculate the X thing. I rely on price action to decipher if there's an incoming price correction on a higher timeframe and then either take everything off the table or just take out my capital and leave a moon bag in anticipation of further mooning. At the moment, in this bull run, I check the current ATHs of the alts I'm hodling once they start rising. I'm of the opinion that the least any viable alt can do is level up on its current ATH. Otherwise, I'm hopeful they should surpass their current ATHs.


Title: Re: When do you take out your investment when in profit?
Post by: Adbitco on December 19, 2023, 06:03:07 PM
Altcoin is never to be trusted because it can fail at anytime why because whatever percentage you may gain now can never be sustain for a long term since the market doesn't remaining stationary, so whenever you feels that you have gained enough profits then you can withdraw it out and save your principal amount or alternatively you can take profit by removing your capital then you leave your profits to remain in that coin/token.


Title: Re: When do you take out your investment when in profit?
Post by: criptoevangelista on December 19, 2023, 06:19:57 PM
When I buy altcoins, I always think about the projection of them returning to the old historical high, so I think about taking profits in these price regions: ATH

But the strategy is individual, what works for me may not work for you. You have to set goals and targets and be faithful to what you have defined as a strategy.


Title: Re: When do you take out your investment when in profit?
Post by: oktana on December 19, 2023, 06:52:43 PM
This is a little bit tough to answer because there’s no article or video that defines what being greedy is, and there shouldn’t be any trying to cap it at any amount. But what I can say is that you should just take your money out when you have made a decent profit. So, it is you who will decide what is a decent profit and not anyone else. Because what I may consider decent may be small and unworthy to you. And what you may consider decent maybe seen as greedy by another. Also, something else you can do is to take out your capital and let the money which is still invested be the profit, this way, you’re sure that your capital is out.


Title: Re: When do you take out your investment when in profit?
Post by: jrrsparkles on December 19, 2023, 08:16:13 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

What does everyone else do when it comes to altcoins?

I won't even hesitate to cash out the capital if its already 2x? Waiting can give more return but it comes with high risk because we all know altcoins are highly volatile compared to bitcoin and since you are talking 5x then definitely it should be a low-cap coin that can bust overnight so cash out the capital and set a price, once you hit the goal then just sell them.


Title: Re: When do you take out your investment when in profit?
Post by: $crypto$ on December 19, 2023, 08:47:28 PM
If you already have a 3x - 4x profit why not take it as an exit if you think it's enough but for those of you who are not satisfied maybe you can hold it up to 5x or even 10x but you need to know you don't regret it if the price drops and doesn't match expectations.

Altcoins are unpredictable, now many say the altcoin season will arrive soon but I myself am not entirely sure because the increase in altcoins that you hold is usually due to hype if it is in the Solana network then that network is booming you need to be aware of it but your decision is in your hands.


Title: Re: When do you take out your investment when in profit?
Post by: batang_bitcoin on December 19, 2023, 09:18:05 PM
I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so ,
Then that's good. If you want to take profits with those, you should because if I am on your shoes, I'd take my profit with those alts and won't be having a second thought. Most of these alts are very fluctuating and volatile and that's why you may see it grow more or you'd see a drop and might just give you a disappointment after wards.

just take my investment out then I am holding more with no risk.
Just do this and you'll have no worry whatever happens to what's left with your coins.


Title: Re: When do you take out your investment when in profit?
Post by: Zaguru12 on December 19, 2023, 09:30:55 PM
Then that's good. If you want to take profits with those, you should because if I am on your shoes, I'd take my profit with those alts and won't be having a second thought. Most of these alts are very fluctuating and volatile and that's why you may see it grow more or you'd see a drop and might just give you a disappointment after wards.

One thing I advise on Alticoins is to set a price target for them should they meet the target I would say take off some profit and probably leave some there. If the amount even doubles or triples you can simply just withdraw your own capital and gamble on the rest. This tactics should be used mostly for Tokens most especially meme tokens, because they are mostly pump and dump tokens. If the price begin to significantly increase then be sure to know that some investors most especially those who earned it through airdrops will sell off which will result in price fall


Title: Re: When do you take out your investment when in profit?
Post by: lalabotax on December 19, 2023, 09:41:15 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.
related to when it is time for me to take profit and my investment in altcoins will depend on what coins I hold at that time.

 1. If it is a top altcoin that has a cycle that is good enough to increase many times because it has high trading volume, fundamentals and market cap, then I would prefer to hold at least until we meet the bullish era later. and of course I will not treat all coins like this, only certain coins.

2. However, if it were me who had just appeared or you could say hyper coin and fomo projects then I would prefer to take profit as soon as possible when the price is rising. because usually if they have gone up then the case is for them to maintain that price and instead the price will immediately fall. that's usually the cycle of coin hype. So it would be better to play it safe and not expect much from new coins like the coin you are talking about, namely Myra. this is the first time for me hearing it. but once again this will depend on each of us how much we are able to take the risks that we will face and manage.

However, one thing that is certain is to make sure that we really understand the situation of the altcoins that we have so that we can determine when is the right time to take profit.


Title: Re: When do you take out your investment when in profit?
Post by: Dunamisx on December 19, 2023, 09:48:18 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

If you're Investing on bitcoin, the longer you keep your investment or hold them the better it becomes and you get more profitable in them, but if you're Investing on altcoins, then try as much as possible to ensure that you don't take much time on holding them because of the fear of the uncertainty demands, so when you're Investing on the right coin, you can hodl the more and the more your profits becomes alongside.


Title: Re: When do you take out your investment when in profit?
Post by: Wiwo on December 19, 2023, 09:56:20 PM
Then that's good. If you want to take profits with those, you should because if I am on your shoes, I'd take my profit with those alts and won't be having a second thought. Most of these alts are very fluctuating and volatile and that's why you may see it grow more or you'd see a drop and might just give you a disappointment after wards.

One thing I advise on Alticoins is to set a price target for them should they meet the target I would say take off some profit and probably leave some there. If the amount even doubles or triples you can simply just withdraw your own capital and gamble on the rest. This tactics should be used mostly for Tokens most especially meme tokens, because they are mostly pump and dump tokens. If the price begin to significantly increase then be sure to know that some investors most especially those who earned it through airdrops will sell off which will result in price fall
Yeah, I agree with you on the price tag to take profits,  that is the most effective means of taking charge of your investment and not wasting time on something that may not possibly come to reality in the long run,  some time we have seen a coin that did so well at the early stage,  and because of the promises of the team,  some investors will fail to take profits because the waiting and expecting the price to go over the roof before the sell and along the line,  the coin get dump on them and the end up losing all their money along the line.

I based altcoin on a short-term based investment category and I don't mind selling off my holdings if I already make some amount in profits,  because I have learned a lot from my experience when I lost a lot of money trying to wait for a coin to do 10x and it eventually dumps on my face without possible recovery.


Title: Re: When do you take out your investment when in profit?
Post by: TimeTeller on December 19, 2023, 10:04:42 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
If you're Investing on bitcoin, the longer you keep your investment or hold them the better it becomes and you get more profitable in them, but if you're Investing on altcoins, then try as much as possible to ensure that you don't take much time on holding them because of the fear of the uncertainty demands, so when you're Investing on the right coin, you can hodl the more and the more your profits becomes alongside.

For alts, much better to sell it while you are still in profit. Don't wait too long because they can easily decline.
Check the progress of the project, and if there's nothing in it. Better sell it fast because the team behind it is just pocketing their money.
I can understand if you are holding btc, but for other alts, better assess your profitability on this fast.


Title: Re: When do you take out your investment when in profit?
Post by: batang_bitcoin on December 19, 2023, 10:14:55 PM
Then that's good. If you want to take profits with those, you should because if I am on your shoes, I'd take my profit with those alts and won't be having a second thought. Most of these alts are very fluctuating and volatile and that's why you may see it grow more or you'd see a drop and might just give you a disappointment after wards.

One thing I advise on Alticoins is to set a price target for them should they meet the target I would say take off some profit and probably leave some there. If the amount even doubles or triples you can simply just withdraw your own capital and gamble on the rest. This tactics should be used mostly for Tokens most especially meme tokens, because they are mostly pump and dump tokens. If the price begin to significantly increase then be sure to know that some investors most especially those who earned it through airdrops will sell off which will result in price fall
There are moments that we do ignore those 2x,3x or 4x gain because we're having a thought that it can go that much. The reason for that is they see other people flaunting their profits and they think that they should also do the same and reach those 100x+ of gains.
It's a different case per investor and there's no need to get onto the shoes of those people flexing their profits and just look up to your own investing journey because many of these tokens/coins are truly pump and dump and you might even get left behind if you don't do necessary actions.


Title: Re: When do you take out your investment when in profit?
Post by: _BlackStar on December 19, 2023, 10:20:50 PM
Altcoin is never to be trusted because it can fail at anytime why because whatever percentage you may gain now can never be sustain for a long term since the market doesn't remaining stationary, so whenever you feels that you have gained enough profits then you can withdraw it out and save your principal amount or alternatively you can take profit by removing your capital then you leave your profits to remain in that coin/token.
So far I have to say that not all altcoins are bullshit without any purpose - but I agree that most altcoins have no real use case. It might be nice to get 2x or 4x in returns from an altcoin rather than waiting any longer with any form of greed - but it all depends on the potential of what is possible.

If it were me - 2x to 4x of altcoin returns would be too much. Sell it all and accumulate it into bitcoin - that's a much more make sense to do instead of letting all the returns be in the same altcoin. Of course - it's me, they can have a different approach.


Title: Re: When do you take out your investment when in profit?
Post by: sheenshane on December 19, 2023, 10:50:31 PM
What does everyone else do when it comes to altcoins?
It depends on the utility of the new altcoin, if I saw the opportunity, I never sell it even though it reached 5x profit because I know it will not crash if that altcoin has a potential when it comes long long-term holding.  But if I found out that the price of those altcoins was made by the pump and dump group that creates hype and there's no clear utility, that's the sign that you need to sell them once there's a profit.

I have been in years in this forum and in the crypto space, and I know altcoins that after being listed on the exchange will eventually die and won't survive especially those meme coins.


Title: Re: When do you take out your investment when in profit?
Post by: Dr.Bitcoin_Strange on December 19, 2023, 11:07:00 PM
When I started investing in cryptocurrency and also when I started trading, I usually got confused about the actual price I should sell and also the price I should buy, but there was a sad experience I had in the past, as did a few of my friends who are into cryptocurrency.

There was one coin I bought in the past. After I bought the coin, it pumped, and I was making a very significant profit, but I was greedy and did not sell when I was supposed to, and the price of the coin dropped very sharply. I felt bad and sold for a lesser profit.

After that experience, I learned not to wait for a coin to start pumping before deciding on the price to sell. Now, for example, if I buy a coin at $0.5, I will also set and agree on the target price I want to sell and the profit I am expecting from that investment. If the coin pumps and gets to my target price, I don't hesitate to sell off and take advantage of the profit. With this strategy, I don't find it difficult to make a profit at the right time again.

Sometimes too, I may buy a coin for $0.5 and sell it for $0.8, but immediately I sell it off. You will see the coin pump to $1+, but I don't feel bad because I have at least made the profit I expected.

My advice for you is to always have the price target you want to sell a coin at so that you don't get greedy when the price begins to pump.


Title: Re: When do you take out your investment when in profit?
Post by: el kaka22 on December 20, 2023, 01:21:32 AM
If we are talking about just an altcoin that I do not trust that much, when it doubles I take the initial investment out, and keep the other half. That way, if I invest 1000 into something, when it reaches to 2000, I take out 1000 so I got my money back, and then the rest sits there for a time longer, when I get out changes on how it moves, if it goes even higher then I keep holding it, but when it starts to fall I start selling it.

However, that is only with alts that I do not trust, stuff like bitcoin, ethereum, bnb and the likes stay, I am not selling them at all, I am going to keep holding them until I die if I can, or until there is an emergency in the family which there usually is something and I try to take care of it. I believe that alts that are dangerous that we invest should be things that we look to get out as quickly as possible and sometimes we do achieve that but sometimes we can't really do it and that's the most important difference to everyone.


Title: Re: When do you take out your investment when in profit?
Post by: Ben Barubal on December 20, 2023, 02:48:19 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

  In such situations, you should have a target for how much you want to get. And when you reach that, take out the profit you got, and then it's up to you if you leave the amount you started there again.

  At least this way, what you do is systematic. It's difficult because the one you hold is only on standby on the exchange platform. And then maybe later on, instead of having an income, you will lose it in the end because it has been dumped again.


Title: Re: When do you take out your investment when in profit?
Post by: Bazzu on December 20, 2023, 03:08:28 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
When I already have 4x profits. So usually I will just take my capital first (sell for the initial capital) and leave the rest until the bullrun comes higher. But everyone definitely has their own way. Because sometimes being too greedy is not always profitable. But sometimes greed can also make us lucky when the coins we hold tightly keep climbing higher.


Title: Re: When do you take out your investment when in profit?
Post by: btc78 on December 20, 2023, 03:48:07 AM
well if you did not have any prior plans or goals before you made profit it’s understandable if you are caught up in a turmoil now altcoins can decrease in price very quickly and you could lose the profit you have already made if you don’t act accordingly my rule is usually when i start thinking that i have made profit then it is enough and i just follow my instinct of course the decision will be yours because this is your money we’re talking about if you really feel that it might still go up but you’re scared to risk the profit you’ve made then just leave a percent of your money in it something you won’t feel that bad about if you were to ever lose it


Title: Re: When do you take out your investment when in profit?
Post by: Adreman23 on December 20, 2023, 04:23:14 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.


It is important that before you purchase the altcoins you are interested in as an investment, you already have a plan in place. One aspect of this plan is having set selling target price points for profit or, alternatively, for a stop loss. It is crucial to stick to your plan and keep going regardless of what happens. Refrain from blaming yourself if the price takes a different direction after you sell. The market can be unpredictable, so it is necessary to manage the risks it carries through careful planning effectively.


Title: Re: When do you take out your investment when in profit?
Post by: OrangeII on December 20, 2023, 06:04:23 AM
Currently, I also have assets that have risen several times, but I am still holding them and waiting for higher prices. This might be called greedy, but I would probably sell it when I know that the halving is still a long way off. However, considering that the halving will occur next year, and may have a positive effect on crypto prices, I decided to hold, and continue to add to the assets I currently own.


Title: Re: When do you take out your investment when in profit?
Post by: Strongkored on December 20, 2023, 06:45:46 AM
Stick to your initial target, because usually investors will set a target when starting to invest, whether 5x 10x and so on, and if you have achieved what was targeted then take the profit without having to feel regret if the price continues to rise above the target that has been set, or sell it gradually and for Myria coins, because you have made a profit, leave it for a while still continuing to pay attention to price movements, If it starts to decline, selling it all would be better because altcoin market conditions will change very quickly, coins that have value today could be worthless in a another day.


Title: Re: When do you take out your investment when in profit?
Post by: AnonBitCoiner on December 20, 2023, 07:04:50 AM
The better timing to take economic gain is that if the price of invested token inflate and become able to give you profit then sell it without thinking of future because there are so many people who are considering that the price will show more multiplication but regrettably they loss a big amount. Beside Bitcoin if anyone leave their altcoin even he is in profit then this will be his big mistake.

In a case of altcoins if you find a certain upswing in any altcoin then immediately sell that coin because many altcoins if once elevated in price never attain the exact amount again in their life Span. Setting a goal or target a price will always be helpful because if you are in patience for more upswing then may be your altcoin decreases suddenly to become invaluable forever.


Title: Re: When do you take out your investment when in profit?
Post by: bluebit25 on December 20, 2023, 11:18:52 AM
Actually, I feel like the OP only has short-term FOMO and has not researched the strategy or goals of the profit-taking plan from the beginning, and when there are profits, how can you get profits is too complicated ?
I suggest a strategy with limited things and especially with low value cryptos, which is to lock in the principal and retain the profits. If they belong to cryptos with development potential, then confidently keep them until the hype gets even bigger. But not sure what your initial capital investment is, because there will be an assessment of the risk to manage them. But anyway, congratulations on making profits through buying crypto.


Title: Re: When do you take out your investment when in profit?
Post by: Miles2006 on December 20, 2023, 11:22:25 AM
Firstly you know what to do with your investment, if your plan is to double and expect for another ATH that's your choice but in my opinion there's no need being too smart with your altcoin cause when dealing with altcoins you just need to be wise and follow the market rather than investing in long term, it's always advisable to choose bitcoin for long term to avoid loss, how do you know if those coins will reach ATH and when will that happen, in altcoin investment I believe more in luck and chance rather than taking risk so I will prefer to take advantage of the market, your strategy might be different from mine but in all make sure you make profit from your investment when the market is profitable.


Title: Re: When do you take out your investment when in profit?
Post by: yazher on December 20, 2023, 01:11:10 PM
When it comes to altcoins, I usually take the profit along with selling all the altcoins I have once the price increases drastically like last time. Because if you don't do that, you won't really get another chance to see that price because many others also sell their altcoins and they won't hesitate to do it once they see it all green. I am one of them because I am not an extreme risk taker who might gonna wait for more days to sell it, as soon as I see that I managed to make a profit, I'm fine with that I don't care anymore whatever the outcome of my decision after that as long as I got my earnings.


Title: Re: When do you take out your investment when in profit?
Post by: Sophokles on December 20, 2023, 01:25:57 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

We are in the early stages of the bull run and it is too early to sell off your portfolio if you were accumulating those in the bear market. If your plan was to hold those altcoins until the next bull season then one thing you can do is remove your seed money from those investments and let the profit grow. In that way if that project drops in value or anything unexpected happens your seed money will be saved and also you can reinvest those money into other project that has the potential to grow in the next bull run.


Title: Re: When do you take out your investment when in profit?
Post by: Natalim on December 20, 2023, 01:30:14 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

Please remember that a greedy person indeed up almost nothing and misses some great opportunity.
If I were you, sell some of your altcoins while it is in the pump condition and reinvest the profit while keeping your capital for another investment. We don't need to wait until the price starts to dump because in just a few hours it is possibly on the bottom already.

For a few years in the crypto market, I've already experienced this thing. I'd never sell because I was looking for more but unfortunately, when I woke up early in the morning the price dropped more than 50%. Regrets and so I don't let it happen again.


Title: Re: When do you take out your investment when in profit?
Post by: Wexnident on December 20, 2023, 02:08:03 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Most of it I plan to take profit after even a 2%-5% increase. Anything beyond that is me forgetting I invested in the first place. That's for short term ones though, for long term ones I usually wait at least until it doubled then decide from there whether I still continue or not. In cases where I DCA though, I just determine a period where I think the market has peaked after a couple of years of DCA'ing and then decide from there, which is what I'm going to do with Bitcoin.


Title: Re: When do you take out your investment when in profit?
Post by: LesterD on December 20, 2023, 02:31:36 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
x5 or more in altcoins is not impossible when it comes to altcoins. However, in terms of making a profit, it's all up to you what would be your target profit. When investing in altcoins, you should always set a target price of when you should take your profit, by either selling all your holdings or selling only half until you reach your target price.


Title: Re: When do you take out your investment when in profit?
Post by: danherbias07 on December 20, 2023, 03:29:32 PM
Greed is taking over you. You want more and I don't blame you for that since cryptocurrencies are mostly about that.
But you said it was 2x. Now, check how much you made. Was it worth it if you withdrew now? Will it be a satisfying move? Those are the questions that only you can answer and not us. Even if we know the history of a coin that you invested there's no assurance that it could grow more to x5 or x10. We don't have the crystal ball to see the future, we are just the same investors here who are expecting a miracle to happen.
Do remember though, altcoins are not Bitcoin. There's a high chance your portfolio is growing because of the pump of Bitcoin so it doesn't mean they are gaining value on their own. Bitcoin may pump after ETF approval but it won't mean that the same goes for other coins in the market.
If you want, you can stick with Bitcoin or Ethereum because both are aiming high. There may not be an x5 or x10 but the risk is lower than expecting something from altcoins.
Don't be consumed by your greed and if ever you make a choice, don't regret it. I suggest not looking back once your settled on selling them.


Title: Re: When do you take out your investment when in profit?
Post by: Bobrox on December 20, 2023, 03:48:54 PM
I think with your investment in altcoin not really worth waiting most higher price or expected until x10 for taking profit, never be greedy when trading in altcoin depend has moment take profit better do it and don't wait for raising most higher price again. You can try with another way if your target price raise more than x10 sell half or 30% and left than 70% hold and it and waiting potential will raise to higher price or not. I have experienced with altcoin trading but never expected more bigger profitable above x10 and usually taking profit around x2 is enough than have loss all when price drastically dump.

Don't make your opportunity loss all since have chance to get profit exactly your altcoin holding have been on higher price, you can buy back later if get bottom price.


Title: Re: When do you take out your investment when in profit?
Post by: MFahad on December 20, 2023, 04:00:30 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.
Haven't any goal in your mind when you start buying coins? If your profit plan already achieved than it is good time to withdraw investment+ some profit and hold some portion if you believe the chances of price is still possible.

Quote

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
If token potential has only 2x with less volatility then 2x is enough and if your purchased tokens have still high potential to increase further to 5x then withdraw capital and keep other for 5x . Remember one thing that not every token will give you 5x profit. The average profit for the most coins are 2x-3x. I think 3x is enough for you for safe investment.


Title: Re: When do you take out your investment when in profit?
Post by: wtsimis on December 20, 2023, 04:22:00 PM
Determining when to recoup the investment during the period of profit should be determined through strategic planning and consideration of financial goals. Since every investment is made for profit, before entering the market, the investment objective and target should be clearly defined. If your investment reaches a consistent profit then the investment return must be taken considering the current market conditions. Market conditions, potential future fundamental trends and other external relevant factors may lead to market volatility. If there is a problem in the market due to strategic reasons then it should be ensured that the adjustment is complete with the risk tolerance. It is very important to regularly review the market and observe the overall condition while investing.


Title: Re: When do you take out your investment when in profit?
Post by: Churchillvv on December 20, 2023, 11:53:48 PM
Sometimes the advise we give ourselves is always the best because no matter what we all say here it's what you decide that ends the game. So if you know too well that you have gotten at least more than what you invested then you should think of taking off the profit just as one of us suggested that you take the profit and leave the capital to grow if it grows then it has brought you more favour or if it goes the opposite you have achieved to and extent.

Instead of letting greedy consume your investment take what you see first and wait for the later opportunity to come. One big thing about Altcoins is that it can pump so big in a short period of time and at the same time frame hit the rock bottom. It means Altcoins are not trust worth for long term investment.


Title: Re: When do you take out your investment when in profit?
Post by: radjie on December 21, 2023, 02:19:34 AM

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?


Don't be too greedy to get bigger profits because it could actually be the opposite (loss), while there is an opportunity to see an increase in the price of the tokens we hold, we must be able to make the most of it.  Unless you make it a long-term investment and can target the expected profits.


Title: Re: When do you take out your investment when in profit?
Post by: cryptoaddictchie on December 21, 2023, 03:16:38 AM
My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Well for me I am investing on new projects and taken out capital and of course have a moon bag too just in case that token pumped well. Also invest on whats hot but not in the case that I am fomo hard. Sometimes being greedy isnt too good and holding too much as well bad either. We should have a goal or target when to profit and be contended with it.


Title: Re: When do you take out your investment when in profit?
Post by: wxa7115 on December 21, 2023, 03:30:28 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
The best strategy is the one you are thinking on employing, once a coin has presented significant profits the safest path you can take is to take out your initial investment and keep holding the rest.

This way even if the altcoin you are holding collapsed you will suffer no losses, but after that movement you will have to think once again about the perfect moment to sell the rest of your stash, however if the rest of the coins you are holding are not shitcoins but instead they are some good projects, then I do not think it could hurt you to keep those coins in your wallet and see if their performance is still good during the next months.


Title: Re: When do you take out your investment when in profit?
Post by: Publictalk792 on December 21, 2023, 03:55:52 AM
There are some news are circulating in the market and all of us know about it. I am talking about Bitcoin ETF. So if the Bitcoin ETF will pump the Bitcoin so Definitely the Altcoins will pump with Bitcoin. So if you are still holding so I will recommend that you should hold it more because if the Bitcoin will pump so others will follow it.
And if you are holding your assets in exchange so I will recommend to take them out in a wallet. Or if you don't want to do this so you should set a stop limit at entry point it will be good if coin will dump so you will exist at no profit no loss.


Title: Re: When do you take out your investment when in profit?
Post by: Samlucky O on December 21, 2023, 04:48:22 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

I think altcoin is not for long time holding. And profit is made I Dont thing it's necessary to still leave your capital and profit there. Because it's risky and unsafe. If there is any little dip now investors will start selling gradually till it dip below entry point and you will loose your capital and profit.

It is often advisable to always keep away from altcoins because they have the potential to cause loss of fund and if you have guessed privilege to make profit I sugjest you shouldn't be greedy otherwise you regret ever not selling it earlier.


Title: Re: When do you take out your investment when in profit?
Post by: irhact on December 21, 2023, 06:40:43 AM
I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very risky as we don't know when they'll crash, if you made profits it would be better you take out your initiative investment so you can use that profits invest to buy Bitcoin or a stablecoin and hold waiting for when that coin will dump in price so you can buy more and expect to make more profits when the price rise again. There's no specific price to sell as you don't know if the coin can go up to a particular price for you to sell and make profits.

What I do when I invest into altcoins and my investments are doing very well is to sell when I see I have made a good profits, some coins I sell at a good profits while others I just barely sell in profits. What is important when I invest into altcoins is to make sure I don't sell when the investment is now in a loss. Altcoins can dump so quick so I try to always secure my profits before the coins begin to lose value by dumping.


Title: Re: When do you take out your investment when in profit?
Post by: kotajikikox on December 21, 2023, 06:50:26 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
If you are  willing to lose the chance of profiting then you  can have that way but for me a a practical investor?I am enough to earn at least doubled or a little more from that so yeah never become a greed person there.
Quote
My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.
Now your shilling about Shitcoin? then I now understand why people like you losing and same as those people that you have lured.
Quote
I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
onet thing that we understand about this and that is not to let us become like you,


Title: Re: When do you take out your investment when in profit?
Post by: Obim34 on December 21, 2023, 09:54:17 AM
Basically I would consider first the potential of the project, if they have enough value in the market and chances of growing and getting better are higher then I will find it a little convenient to hold for more time even after getting x4 of my investment but will always check on my investment daily so as not to miss the opportunity of selling out as most later end up in a bad state.

If it is then any memecoin or shitcoin as soon as the first pump begins I sell within the line when I feel convenient selling because as soon as the pumps end their is every tendency of the project dumping and getting rugged. I would not mind if my profit is X3, X4 or what ever.


Title: Re: When do you take out your investment when in profit?
Post by: JamesDaniel90 on December 21, 2023, 10:06:32 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
If you are  willing to lose the chance of profiting then you  can have that way but for me a a practical investor?I am enough to earn at least doubled or a little more from that so yeah never become a greed person there.
Quote
My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.
Now your shilling about Shitcoin? then I now understand why people like you losing and same as those people that you have lured.
Quote
I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
onet thing that we understand about this and that is not to let us become like you,


HAHAHA I am not losing mate I am in profit.


Title: Re: When do you take out your investment when in profit?
Post by: Hewlet on December 21, 2023, 11:01:35 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
take your investment when it has yielded a reasonable amount of returns.

Don't be greedy in waiting till you get 10x your initial invested amount. To be on a safer side, depending on the strength of the Altcoin you're holding, take the initial capital out and you can decide to reinvest the profit and maybe gamble with to the best of your ability.

Study the market, sometimes, follow trends, if people ate taking out their investment, join themm, don't allow greed eat you up.


Title: Re: When do you take out your investment when in profit?
Post by: m2017 on December 21, 2023, 01:31:29 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
You have asked a similar question in the bitcoin discussion board. I just took my time to revisit your question and it is so identical. Why repeating same question in different boards? This can be regarded as spamming.
Let me give you benefit of doubt that the question in the bitcoin discussion board was meant for your bitcoin investment while this is for altcoins investment.
If you invested in an altcoin and already in X10 profit, what again are you waiting for to sell. I am just so scared that I do not invest in altcoins, but if I have a legit information about any altcoin, I may change my mind and invest. X3 is a very huge profit I mean.
Although, altcoins investment is just like gambling, the reverse can also happen. That is the reason I have sticked with bitcoin.
X10 profit is lucky luck in altcoins, comparable to winning the jackpot in the lottery (with the caveat that the bet was high enough).

I also prefer to stay away from altcoins because of my bad experience. X10 profit says @JamesDaniel90, heh. I probably got -X10 or even higher.

X2 is already good.

Altcoins's analogy with gambling is spot on. That's why I prefer not to get involved in these dubious games.

By the way, it seems like it's high time you updated your rank. :)


Title: Re: When do you take out your investment when in profit?
Post by: cryptonewbie on December 21, 2023, 02:44:00 PM
The truth is there is NO best time or accurate time to take out your investment once you hit profit. If you're the type who always gets their hunches right, then you should stick to what you feel. If your mind tells you that the your trade will still gain more profits, then you keep holding your investment. If you're uncertain about it, then you should probably take out your investment. The key is to avoid losing what you invested so like I said, if your hunches are always right, then follow it.


Title: Re: When do you take out your investment when in profit?
Post by: tjtonmoy on December 21, 2023, 04:12:22 PM
I don't know how other people proceed in this situation, so I will present what I do in this kind of situation. When I double the amount of money I have invested, I will focus on withdrawing 50% from it, or you can say the main amount that I have invested. Then I will use the earned profit to invest more. This way I can keep the actual amount that I have invested from my own pocket and then continue on investing using the profit I have made from that investment.

More investment equals more profit but if you want to be on the safe side, you can use this method. He can also use the actual amount that you have taken from your investment and then reinvested into something new. Because as people say, diversification is the key.


Title: Re: When do you take out your investment when in profit?
Post by: Rufsilf on December 21, 2023, 05:50:23 PM
From my perspective, the decision of when to take profits from an investment is a personal one that is impacted by my personal financial goals and investing strategy of choice. It is also essential to set fixed profit targets and take into factors like the state of the market, the reason for the investment, and changes in your own finances. And its better if you regularly reevaluate the portfolio and make decisions based on pre-established criteria instead of emotionally responding to temporary changes in the market. If you’re in doubt, consulting a financial adviser would be recommended.

And also, if you are already satisfied with what you earn, just collect your profit.
Being blinded by the amount of money you get and expecting to have tons of it in another round of the investment and did not receive the same profit you gain from the previous transaction, well it can lead you in dismay. So maybe, just be thankful for the luck that has been given to you and have a self-control especially when your gaining so much profit.


Title: Re: When do you take out your investment when in profit?
Post by: Out of mind on December 21, 2023, 06:20:13 PM
If you plan to invest in a coin for a long period of time and hope for high returns, this may be the highest risk for you. Because if you don't follow the website and various aspects of that project and can't analyze the market, then of course you are likely to get scammed by an altcoin. So you need to consider and think about such things before making long term and short term investments before you can profit. If there is a profit when you invest, but if you wait to get more greedy, your money may go down the drain. That's why you have to think deeply and sell your investments according to the call. It depends on your personal thinking.


Title: Re: When do you take out your investment when in profit?
Post by: cryptomaniac_xxx on December 21, 2023, 09:24:10 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

It really depends on you, if you wanted to take profits then why not? So good decision on that 10x, that's already a huge profit and don't regret your decision. Because there could be some who sold at that profit and then thinking that they could still make more money if they hadn't sold.

As for the other altcoins that you are holding, if you are not satisfied by it with that 4x, then hold.

Although I would say that we are not in he bull run yet, so perhaps for experience investors, they are not going to sell even with a 10x, just saying.

They are going to HOLD and accumulate more and wait for the bull run next year or new all time high prices. Best of luck to your decision though.


Title: Re: When do you take out your investment when in profit?
Post by: Sophokles on December 21, 2023, 09:30:10 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

It really depends on you, if you wanted to take profits then why not? So good decision on that 10x, that's already a huge profit and don't regret your decision. Because there could be some who sold at that profit and then thinking that they could still make more money if they hadn't sold.

As for the other altcoins that you are holding, if you are not satisfied by it with that 4x, then hold.

Although I would say that we are not in he bull run yet, so perhaps for experience investors, they are not going to sell even with a 10x, just saying.

They are going to HOLD and accumulate more and wait for the bull run next year or new all time high prices. Best of luck to your decision though.

It should depend on the projects potential. If its a new project then it can be a bit risky as the community will be small and there is a chance that the whale investors will try to manipulate the price. Most of the time you can be profitable if you invest early but if you don't know how to deal with new token then it will be better to avoid this kind of project. Major altcoins are less risky but its growth has a limitation because they already have billions of dollars in market capital.


Title: Re: When do you take out your investment when in profit?
Post by: Pokapoka124 on December 21, 2023, 09:35:54 PM
Emotions run high when trading, it’s important to check one’s own emotions when making trade decisions. In your case, it’s obvious your greed is driving you to want more profits. When in a winning position, traders often lose their fear of losing and become overconfident in their trading plan. You forget altcoins are volatile and are often not worth hodling for long term.


Title: Re: When do you take out your investment when in profit?
Post by: Hypnosis00 on December 21, 2023, 09:39:49 PM
Well, we all have been too optimistic about the upcoming years because we believe that bull season happen again after halving.
If you have the guts and have a strong belief that your altcoins will pump more, then make a decision to hold and wait for its peak but if you feel some doubts, you'd rather sell and take the profit. If you ask me, yeah, I did this multiple times and reinvest my money in known coins as this will give me some assurance that it will pump when the bull season comes unlike some altcoins we were expected to rise but it dumps.

We should be smart when choosing the coins to hold long-term otherwise, we are just wasting our time waiting for nothing.


Title: Re: When do you take out your investment when in profit?
Post by: Kelward on December 22, 2023, 06:23:28 AM
I can only have peace of mind to hold any cryptocurrency for a long time if it's Bitcoin, perhaps a very few top altcoins like Ethereum. For others I'd have a time frame to sale, especially if they pumped, I'd sale the worth of my investment capital and put it in Bitcoin, then I'll leave the rest there and if it pumps withing my time frame again, I'll still remove and reinvest in Bitcoin. This is because I don't trust most altcoins, so if they diminish in value, I'll not be I'll not be affected. Instead of leaving all my money in one altcoin, the moment it pumps, I'll surely remove my capital, either reinvest it in Bitcoin, or look for another altcoin to buy, the idea is not to have too much investment in one altcoin.


Title: Re: When do you take out your investment when in profit?
Post by: Makus on December 22, 2023, 06:41:08 AM
Ok I think taking that amount fo profit isn't greedy or impatient after all, it's altcoin we are talking about. Taking profit from an altcoin after you are satisfied from the return it gave you is something that should be appreciated, besides we don get to see this kind of offers everyday. Some altcoins aren't that good for long term holding, but when talk about Bitcoin, if you withdrew your profit from it within just the 2 months period then, that is a greedy investors because you might not see that price again after you think you have out smart the network. for those who trade with Bitcoin, it would be better to leave your holding til after th halving and the bull run before you sell


Title: Re: When do you take out your investment when in profit?
Post by: EarnOnVictor on December 22, 2023, 08:51:13 AM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Congratulations! I think I will be consulting you henceforth for my investment advice on the crypto assets to buy...lol. However, your questions are not easy to answer because investment liquidation doesn't have a single answer/advice, which is why you need to decide on what you really want with them. It is good that you are not at a loss, so if you gain a little, you can be contented if you are some kind person, but some people have the risk affinity, and this doesn't mean they are greedy. Also, as per the rule, the more your risks, the more your gains, and this could earn them even x100 if they can wait longer. This is why I will advise you to consider the following in liquidating your positions:

1. You may want to liquidate if the crypto assets have reached x2, x3, x4 and so on. This depends on your risk affinity.
2. Have your investment goals and plans in line with the prospect of the crypto asset even before you buy it. By this, you would have done
    your research to know what will happen in the future, so this will help you to plan correctly on the buying and the liquidation time.
3. Consider the bullish and bearish seasons of the asset. You can wait for the assets to have their major bearish season to liquidate them.
4. Finally, use the higher timeframe of your technical chart to make the best possible decisions about your investmenet.


Title: Re: When do you take out your investment when in profit?
Post by: OrangeII on December 22, 2023, 09:27:53 AM
Emotions run high when trading, it’s important to check one’s own emotions when making trade decisions. In your case, it’s obvious your greed is driving you to want more profits. When in a winning position, traders often lose their fear of losing and become overconfident in their trading plan. You forget altcoins are volatile and are often not worth hodling for long term.
Well, I think a lot of people are like that. when they have made a lot of profit, they expect more profit, in fact I often think like that when I am profitable.
However, securing the capital we have is the most important thing. If someone has earned their capital when trading, then they can try to make as much money as possible without fear of loss. however, selling some is not a bad thing. However, it all depends on the person's decision. If he targets big profits, then that is the decision he chooses, and he must be ready to accept every risk.


Title: Re: When do you take out your investment when in profit?
Post by: Volimack on December 22, 2023, 10:14:05 AM
I think if someone plans to invest then he must have deep knowledge about the market. Altcoins are risky in long term and short term investments if the correct position of the market is not understood in time. Many investors get greedy after getting profit and then they leave it without closing. This makes it more likely to be cheated. Market research should be done to know when there is high profit potential in the market and when it is appropriate.


Title: Re: When do you take out your investment when in profit?
Post by: Ben Barubal on December 22, 2023, 01:49:06 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

  When you have a price target and this reach, sell it because you know you have a sure-ball profit. Now it's up to you if you want to adjust your holding of the coins you hold if you think you know they still have something to raise in the market.

  As long as, no matter what happens, you stick to your goal and target the price you want to sell your holdings, you need to discipline yourself in this regard as a crypto holder.


Title: Re: When do you take out your investment when in profit?
Post by: Kelvinid on December 22, 2023, 03:05:04 PM
Emotions run high when trading, it’s important to check one’s own emotions when making trade decisions. In your case, it’s obvious your greed is driving you to want more profits. When in a winning position, traders often lose their fear of losing and become overconfident in their trading plan. You forget altcoins are volatile and are often not worth hodling for long term.
Well, I think a lot of people are like that. when they have made a lot of profit, they expect more profit, in fact I often think like that when I am profitable.
However, securing the capital we have is the most important thing. If someone has earned their capital when trading, then they can try to make as much money as possible without fear of loss. however, selling some is not a bad thing. However, it all depends on the person's decision. If he targets big profits, then that is the decision he chooses, and he must be ready to accept every risk.
What I usually do is withdraw my capital and let my profit become a new investment capital. Once I secure my capital, I keep it rolling and withdraw when I already have earned a lot. That is likely a crazy thing to do but in the world of investment, we should be practical and keep on our plan. It is not like we are avoiding risk but it was a smart idea because greedy people most of them fail and lose great opportunities. We don't want it to happen which is why we have anticipated the market before it will be going late.


Title: Re: When do you take out your investment when in profit?
Post by: gabbie2010 on December 22, 2023, 05:15:39 PM
I won't take any further risk once I took.my profit at 10x I might leave my initial investment for more profit especially when there is an upcoming positive Fundamental news like the next upcoming halving of Bitcoin might trigger a massive upsurge in the prices of majority altcoins thus after profit taken my initial investment can thrive with the outcome of the positive event, though at times it can be painful after watching an investment after profit had already been taken and price continue to pump till 20x or more, however price can also move contrary to the targeted profit and reverse or pullback to reduce profit.


Title: Re: When do you take out your investment when in profit?
Post by: justdimin on December 23, 2023, 11:58:43 AM
I can only have peace of mind to hold any cryptocurrency for a long time if it's Bitcoin, perhaps a very few top altcoins like Ethereum. For others I'd have a time frame to sale, especially if they pumped, I'd sale the worth of my investment capital and put it in Bitcoin, then I'll leave the rest there and if it pumps withing my time frame again, I'll still remove and reinvest in Bitcoin. This is because I don't trust most altcoins, so if they diminish in value, I'll not be I'll not be affected. Instead of leaving all my money in one altcoin, the moment it pumps, I'll surely remove my capital, either reinvest it in Bitcoin, or look for another altcoin to buy, the idea is not to have too much investment in one altcoin.
You might be aware of the high volatility rate and a lot of factors which can affect its value but you already saw its past performance and believes that it will always be like this. So, you end up with a conclusion that Bitcoin is the safest crypto among all. Okay that's cool. To have an addition isn't always bad especially if it's also like a Bitcoin. You already said it there (Ethereum).

A pump is a pump, and it should be the time for selling all of our cryptocurrencies. But, you are right that not all are worthy to re-invest again. Poor quality altcoin won't only diminished in value but they'll be gone permanently later on, as crypto exchanges are going to de-list them.


Title: Re: When do you take out your investment when in profit?
Post by: MFahad on December 23, 2023, 12:17:30 PM
I won't take any further risk once I took.my profit at 10x I might leave my initial investment for more profit especially when there is an upcoming positive Fundamental news like the next upcoming halving of Bitcoin might trigger a massive upsurge in the prices of majority altcoins thus after profit taken my initial investment can thrive with the outcome of the positive event, though at times it can be painful after watching an investment after profit had already been taken and price continue to pump till 20x or more, however price can also move contrary to the targeted profit and reverse or pullback to reduce profit.

Your strategy is very good, adopted by many best traders. The main thing is not to loss because as long as crypto is there the opportunity will come. When token pump to 10x , it's time to exit there and time to take entry in other token which is still down. 20x is not happened with most of the tokens. When there is so many other tokens in the market potential to rise and your token already giving you 10x theb i think waiting for 20x is just taking an unnecessary risk. We should be content with less profit without taking big risk. I myself take profit when I believe that the token almost reached to peak position.


Title: Re: When do you take out your investment when in profit?
Post by: GlacierBIT on December 23, 2023, 12:32:10 PM
Assessing the risks, adopting a working strategy is the basis for managing your investments, the cryptocurrency market is an extremely unstable place, if you are lucky once, you may not be so lucky the next time. If you were able to generate profit from your initial investment while leaving the remaining capital in the market, this means you are on the right track.


Title: Re: When do you take out your investment when in profit?
Post by: Sayeds56 on December 23, 2023, 01:20:40 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

It would be prudent decision to hold altcoins, such as Solana, Chain Link, ADA, DOT and ATOM for long term, particularly post halving  till 2025. Historically, it has been observed that during the halving year, first Bitcoin makes new ATH, subsequently followed by the top 20 alts listed on coinmarketcap, and this bullish market continues for an year or little more. Therefor, to obtain maximum profit from your alts holdings, the best selling time would be when bullish market is approaching its conclusion.


Title: Re: When do you take out your investment when in profit?
Post by: God bless u on December 23, 2023, 04:19:04 PM
It would be prudent decision to hold altcoins, such as Solana, Chain Link, ADA, DOT and ATOM for long term, particularly post halving  till 2025. Historically, it has been observed that during the halving year, first Bitcoin makes new ATH, subsequently followed by the top 20 alts listed on coinmarketcap, and this bullish market continues for an year or little more. Therefor, to obtain maximum profit from your alts holdings, the best selling time would be when bullish market is approaching its conclusion.

Your mentioned altcoins are profitable and they will show greater growth because of higher demand for it and ability of offering profit. It is also true that when the Bull season of bitcoin passes then there is a Bull season for altcoins which means that we have to hold these coins upto that time.

But most of the time when we hold altcoins longer then we loss the beneficial timing of selling as a result of which we missed that advantageous timing and regret for it. Therefore I just want to say that make a target when you achieve that target then sell your altcoins as it is a worthy decision which every investors should do because altcoins are very much risky.


Title: Re: When do you take out your investment when in profit?
Post by: 2Pizza410000BTC on December 23, 2023, 04:33:45 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
A 5x to 10x profit on an altcoin investment is definitely better than leaving that investment. If I get 2x to 5x profit after holding an altcoin investment I will exit my investment. Because altcoin investing is already extremely risky, even after a 10 to 20% increase, the price will inevitably fall to the bottom, so one should never expect too much from altcoin investing. Those who invest in altcoins with high hopes suffer the most.  OP you did very well selling your investment at 10x profit.


Title: Re: When do you take out your investment when in profit?
Post by: Sayeds56 on December 23, 2023, 04:54:22 PM

But most of the time when we hold altcoins longer then we loss the beneficial timing of selling as a result of which we missed that advantageous timing and regret for it. Therefore I just want to say that make a target when you achieve that target then sell your altcoins as it is a worthy decision which every investors should do because altcoins are very much risky.

There is no doubt that usually traders make heavy losses in altcoins compared to Bitcoin. Bitcoin is a large cap crypto currency, secure and decentralized, widely recognized as best instrument for long term investment. This is why its price fluctuation is less and its is considered promising long term investment

In contrast the world of altscoins present a different landscape. Based on my personnel, a strategic approach involves accumulating experience that try to accumulate top 20 alts by using  Dollar Cost Average (DCA) strategy , and continue accumulating them until the early signs of market turnaround become evident, and sell your holdings when bullish market is on its peak. By adhering to this strategy, investors can realize substantial profits in alts investment.


Title: Re: When do you take out your investment when in profit?
Post by: Y3shot on December 23, 2023, 06:47:53 PM
Take profit when you feel that you have really made profit, do not let greed to stop you or make you think your profit is not enough.  Appreciate the profit you feel it is enough for your investment and don't think you can get the exact profit that you desire.
It is risky waiting so long to get profit, altcoins can't be predicted.  Some Altcoins just have potential of making profit once and not continously.  


Title: Re: When do you take out your investment when in profit?
Post by: Huppercase on December 23, 2023, 07:45:00 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Congrats my man but can share us the type of investment and the type of altcoins you have bought over the last months, we could also learn from you and the choice of selections.

Quote
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

There are some altcoins that are bullish now and even after the bitcoin halving,  they might continue to grow even after that period, you see them do more 10x but that depends on what the team is building behind or built for the people to see, these are the variety of elements that determine the type of growth altcoins will get and the hype that may comes later

There are also some altcoins that may not grow beyond what you have gotten, so do your research since the coins are not public and sell the ones you feel like selling and hold the rest for tomorrow.


Title: Re: When do you take out your investment when in profit?
Post by: Sophokles on December 23, 2023, 09:32:42 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Congrats my man but can share us the type of investment and the type of altcoins you have bought over the last months, we could also learn from you and the choice of selections.

Quote
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

There are some altcoins that are bullish now and even after the bitcoin halving,  they might continue to grow even after that period, you see them do more 10x but that depends on what the team is building behind or built for the people to see, these are the variety of elements that determine the type of growth altcoins will get and the hype that may comes later

There are also some altcoins that may not grow beyond what you have gotten, so do your research since the coins are not public and sell the ones you feel like selling and hold the rest for tomorrow.

Your statement make sense about solana because the pump can be done internally. This can be the exit liquidity the team is trying to get for the fund recovery process of FTX. They are one of the largest sol holder in the market right now and it seems they have some strong backing from the industry otherwise this drastic rally only because of airdrop speculation doesn't make sense. Airdrop doesn't have this much liquidity to pump the price. The sol ecosystem management team has a strong market maker who is pumping the price and late investor can be the victims if there is a crash upcoming.


Title: Re: When do you take out your investment when in profit?
Post by: Bushdark on December 23, 2023, 09:57:58 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Congrats my man but can share us the type of investment and the type of altcoins you have bought over the last months, we could also learn from you and the choice of selections.

Quote
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

There are some altcoins that are bullish now and even after the bitcoin halving,  they might continue to grow even after that period, you see them do more 10x but that depends on what the team is building behind or built for the people to see, these are the variety of elements that determine the type of growth altcoins will get and the hype that may comes later

There are also some altcoins that may not grow beyond what you have gotten, so do your research since the coins are not public and sell the ones you feel like selling and hold the rest for tomorrow.

Your statement make sense about solana because the pump can be done internally. This can be the exit liquidity the team is trying to get for the fund recovery process of FTX. They are one of the largest sol holder in the market right now and it seems they have some strong backing from the industry otherwise this drastic rally only because of airdrop speculation doesn't make sense. Airdrop doesn't have this much liquidity to pump the price. The sol ecosystem management team has a strong market maker who is pumping the price and late investor can be the victims if there is a crash upcoming.
The best time we can take our profits from trading our investment we have make is whwn we realized that we have made profits from the market. The crypto market is big having thousands of crypto projects and more are still loading. We need to make sure that have made profit from the investment before we have the mindset or selling what we are holding. Crypto market has different ways we can trade it and make profits from the market. We don't have to be roo desperate for us to make profits from the market.


Title: Re: When do you take out your investment when in profit?
Post by: Sophokles on December 23, 2023, 10:10:42 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Congrats my man but can share us the type of investment and the type of altcoins you have bought over the last months, we could also learn from you and the choice of selections.

Quote
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

There are some altcoins that are bullish now and even after the bitcoin halving,  they might continue to grow even after that period, you see them do more 10x but that depends on what the team is building behind or built for the people to see, these are the variety of elements that determine the type of growth altcoins will get and the hype that may comes later

There are also some altcoins that may not grow beyond what you have gotten, so do your research since the coins are not public and sell the ones you feel like selling and hold the rest for tomorrow.

Your statement make sense about solana because the pump can be done internally. This can be the exit liquidity the team is trying to get for the fund recovery process of FTX. They are one of the largest sol holder in the market right now and it seems they have some strong backing from the industry otherwise this drastic rally only because of airdrop speculation doesn't make sense. Airdrop doesn't have this much liquidity to pump the price. The sol ecosystem management team has a strong market maker who is pumping the price and late investor can be the victims if there is a crash upcoming.
The best time we can take our profits from trading our investment we have make is whwn we realized that we have made profits from the market. The crypto market is big having thousands of crypto projects and more are still loading. We need to make sure that have made profit from the investment before we have the mindset or selling what we are holding. Crypto market has different ways we can trade it and make profits from the market. We don't have to be roo desperate for us to make profits from the market.

That means you will sell off your 10k worth of crypto even if you make $100 in profits from it? What is the point of risking that much money only to get a 1% return? In my opinion we should let our investment grow as long as the market is strong, the project is doing really well, and they have an active and vibrant community. Crypto is a risky place and altcoin is super-risky and high-rewards investment class. If you are looking for 1% to 10% then you should invest in some stock. In altcoin people are looking for project that can give them multipleX profits.


Title: Re: When do you take out your investment when in profit?
Post by: kotajikikox on December 23, 2023, 10:19:44 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .


Title: Re: When do you take out your investment when in profit?
Post by: Yatsan on December 24, 2023, 01:12:00 PM
Pull out if you are satisfied already; greed is never a good thing. Indeed majority of the coins in the market have experienced huge pump but given these tokens are most of the time only good for short term holding, then avoid too much greed. If you are already having a feeling and if the charts said so, at least secure a portion of it. On my end I am usually taking 20% of the total profit especially if there is a bit of resistance with the market price 'coz in such way, whatever happens will still leave me with profit. Pushing all of it through will just put me in a bigger risk. I have experienced winning 200%+ then due to greed I did not pull out that tike and just sleep. Just overnight I am already in 67% loss due to the sudden dump in the value of that coin. We just never know what will happen next especially at this point wherein volatility is to high. There is also a confusion still whether bullrun has started already or not.
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .
Also, the market price of any crypto won't continuously increase in a consistent manner; there will always be price consolidations in every resistance levels. Let us normalize taking home some of the profit than to be left with nothing or worse, with loss, if things will not be managed properly.


Title: Re: When do you take out your investment when in profit?
Post by: Bushdark on December 24, 2023, 05:14:57 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .
There are people that don't like investing much in cryptocurrency.  They can invest as little as $5 to $10 and make huge profits in the market. We need to learn lots of ways for us to make money in the market not just the regular way of investing and taking profits from the market. We can make lots of money in the market through different ways especially investing appropriate amount off capital.
Taking profits from our investment need conscious knowledge and taking profits when we can see that we have made profits from the market.


Title: Re: When do you take out your investment when in profit?
Post by: Belarge on December 24, 2023, 09:37:10 PM
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .

Life is easier when you're with with winning team, you anticipated with good activities that yields profits, no one has the tendency to withstand the pressures from the market when it's in crucial postions but we can sure of our strategies implemented. The market becomes favorable only when we're open to triggered good entries in the system, everyone just have to hold onto what's available in the system. I'm not greedy, I'm making my calculating tactics on dealing with the system. Don't expect much from the space, it brings dissapointement and also bring joys, one thing I observed, everyone have to survived in the market.


Title: Re: When do you take out your investment when in profit?
Post by: Asiska02 on December 24, 2023, 09:42:20 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

If you have invested in altcoins and have made this significant profit as you’ve said, maybe it’s time for you to take out your profit from the investment. We all know altcoins are risky investments but when you’re lucky, you can make a lot within a short time. While many are totally shit coins, some fews that make it up to some significant points, take your profits from them before they also start crashing. You’ve made smart investments by choosing those coins you invested in, the market is not looking good for many altcoins now, and getting 3X or 4X profits from an altcoin investment should be appreciated. Take your profit now and leave is my humble suggestion for you now.


Title: Re: When do you take out your investment when in profit?
Post by: kotajikikox on December 25, 2023, 01:13:59 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .
There are people that don't like investing much in cryptocurrency.  They can invest as little as $5 to $10 and make huge profits in the market. We need to learn lots of ways for us to make money in the market not just the regular way of investing and taking profits from the market. We can make lots of money in the market through different ways especially investing appropriate amount off capital.
Taking profits from our investment need conscious knowledge and taking profits when we can see that we have made profits from the market.
It is not that they don't like because if they do then not even 5 dollars that they will invest here instead they are just trying the market , because once they learn about how it works for sure they will never let themselves to just invest that little considering how much return they might get from the market.


Title: Re: When do you take out your investment when in profit?
Post by: Yamifoud on December 25, 2023, 04:11:02 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

If you have invested in altcoins and have made this significant profit as you’ve said, maybe it’s time for you to take out your profit from the investment. We all know altcoins are risky investments but when you’re lucky, you can make a lot within a short time. While many are totally shit coins, some fews that make it up to some significant points, take your profits from them before they also start crashing. You’ve made smart investments by choosing those coins you invested in, the market is not looking good for many altcoins now, and getting 3X or 4X profits from an altcoin investment should be appreciated. Take your profit now and leave is my humble suggestion for you now.
Whether it is Altcoins or Bitcoin, they are all risky but considering the common behavior of these altcoins, it is found to be relevant to not waiting it long to sell. A decision to sell is the best option for them once seeing it pump as we can never expect such momentum to take long, it just rises for a while and dumps after the surge. Missing the chance won't make us regret this will be difficult to expect it back especially if we are investing in hyped projects or those worthless coins (shitcoins).

We have to be smart when investing in altcoins. Some people will say patience is the key but must deal with altcoins separately and uniquely.


Title: Re: When do you take out your investment when in profit?
Post by: doomloop on December 25, 2023, 05:42:42 PM
Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.
Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.


Title: Re: When do you take out your investment when in profit?
Post by: Wiwo on December 25, 2023, 05:50:36 PM
Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.
Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.
Because of the high volatilities with the altcoin market,  reason why the risk involved in it is higher in proportion and also many times why do we advise ourselves to only invest in altcoin just as a gamble because you never know which one will pick in price and which time it will do that,  this is because we may get carried away to believe that a pump in price means steady profiting,  and instead taking off the profits you allow greed to make you push ahead and to the point that it become a total lose for us and that is one thing that have given the altcoin investment a bad image.

Well to be a smart investor one needs to pull out at the time when the party is most interesting so as not to be carried unaware by a pump and dump team.


Title: Re: When do you take out your investment when in profit?
Post by: electronicash on December 25, 2023, 06:01:22 PM
Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.
Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.
Because of the high volatilities with the altcoin market,  reason why the risk involved in it is higher in proportion and also many times why do we advise ourselves to only invest in altcoin just as a gamble because you never know which one will pick in price and which time it will do that,  this is because we may get carried away to believe that a pump in price means steady profiting,  and instead taking off the profits you allow greed to make you push ahead and to the point that it become a total lose for us and that is one thing that have given the altcoin investment a bad image.

Well to be a smart investor one needs to pull out at the time when the party is most interesting so as not to be carried unaware by a pump and dump team.

pump and dump teams are just in the newly launched projects and may only happen nowadays on shady exchanges. the bounty hunters though at very profitable in the bull run with the tokens they can forget after selling. when the price hits their target price, they can sell already.

when you have been in crypto for more than 4 years and have been from a bull market to a bear, you'll definitely become smarter in the next bull run. there is no way you will wait for the bear market and the price of your altcoins to sink again before selling. right at its peak the smart investor may already have sold them all.


Title: Re: When do you take out your investment when in profit?
Post by: synchronym on December 25, 2023, 06:13:28 PM
op I agree with you because when we invest in something maybe if we get some profit we want the price to go up some more then maybe we keep that thing then later we see the value of that thing goes down a lot then we are forced to sell at some price  have to pay  So we should leave the tokens without any extra hope if we get a small profit.


Title: Re: When do you take out your investment when in profit?
Post by: Nheer on December 25, 2023, 07:03:08 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.
It all depends on the investor, before investing one needs to have a well drafted plan of what to do in any situation  that comes his/her way because we are all aware of the market behavior of cryptocurrency and the volatile nature of it. Altcoins can be profitable but despite that only the smart ones can make profit from them because it is not about investing but how you manage your gains. We should always always have a plan of taking out profits or taking our capital after amassing a certain percentage of profits.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
It depends on every individual, we all have our differences and separate views but as for me I won’t wait till 5x before taking profits.

What does everyone else do when it comes to altcoins?
Altscoins are not so reliable even though they can be profitable that’s why it is important to carry out proper research on any alts we plan to invest in because in a short period they can lose so much value. I don’t believe so much in alts but i have eyes for few alts and I intend to take profits at certain intervals during the bull market.


Title: Re: When do you take out your investment when in profit?
Post by: sulendra12 on December 25, 2023, 09:02:10 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
It just depends on what coins you are trying to invest. For top altcoins most of the time 5X is just takes years unless there is something going on, most likely you will lose if you are expecting something high. Most of the time unless you have read the news, the big pump comes from nowhere so you wouldn't expect it.

Just set the threshold like 30% - 50% for me personally and then you can check for other coins or wait until the price comes down again and once again it depends on people skill and knowledge regarding this thing.


Title: Re: When do you take out your investment when in profit?
Post by: Humblevirus on December 25, 2023, 11:53:27 PM
Before I invest in any project, I always have a plans on when I will like to take my profit, and I always do some research before I invest in any project, whether it is a new project or an old project that I know much about.that where I will know the risk I can take with I project.

I have invested in many projects and some of they are done 5x for me and still I have not take out my profits because I take less risk with those projects like just invest a very small amount of money that I will hardly think about when I lose it, I still never take out my investments profits because it possible that those projects to letter do even 100x and if possible they done 100x above I will seriously make huge profits from the small amount I invested in those projects. but for any old projects that I know they have good reputation I  do invest some good amount but it is what I can afford to lose and when I see them do 3x or 4x I always take out my investment profits because I believe it will hardly do 100x and even it will do it it may take it a very long time. 
 


Title: Re: When do you take out your investment when in profit?
Post by: Eldestyoung on December 26, 2023, 11:07:34 PM
All investors do not have the same mindset, they differ in philosophies and strategies that they use to invest.

Some came up with new and better ways to analyze their investments and take profits once is 20% of their investments, while some picked securities entirely by instinct and wait for their profit to hit the sky.

But for me one must not aim so high to the extent you put your capital to a greater risk, one must be disciplined enough to set a target and once the profit hit your target, you pull out irrespective of how good the market keeps going.


Title: Re: When do you take out your investment when in profit?
Post by: OrangeII on December 27, 2023, 07:18:01 AM
op I agree with you because when we invest in something maybe if we get some profit we want the price to go up some more then maybe we keep that thing then later we see the value of that thing goes down a lot then we are forced to sell at some price  have to pay  So we should leave the tokens without any extra hope if we get a small profit.
Well, it will be a wise decision, when you take the profits you have, or at least take your main capital when you are making big profits. However, many people are greedy when they are in an advantageous position. it's like they hoped the price would go higher, and didn't take the decision to sell some of their investments. Well, it's not wrong, but the risk is very high.
Personally, I often sell when I make a profit, either I sell and take the profit before reinvesting, or I sell to take out my capital, and use the profit to try to take a bigger profit.


Title: Re: When do you take out your investment when in profit?
Post by: Obim34 on December 27, 2023, 11:15:52 AM
Well, it will be a wise decision, when you take the profits you have, or at least take your main capital when you are making big profits. However, many people are greedy when they are in an advantageous position. it's like they hoped the price would go higher, and didn't take the decision to sell some of their investments. Well, it's not wrong, but the risk is very high.
Personally, I often sell when I make a profit, either I sell and take the profit before reinvesting, or I sell to take out my capital, and use the profit to try to take a bigger profit.
Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.


Title: Re: When do you take out your investment when in profit?
Post by: Tmoonz on January 08, 2024, 04:05:13 PM
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
the volatility of altcoins is not as same as that of Bitcoin, and the aim of every business is for profit maximization. It a good thing am x has been added to your investment  but depending on certain consideration such as:
1)dose the x added satisfied your motive is it what you are looking for?
2)does it worth the risk of leaving it till the next pumb
Investing in altcoin is more like gambling that has much uncertainty, I usually take out my capital and profit and look for a new altcoin with a promising potentials before being caught up. But  you can as well leave it for more pump, is more risky thou the choice is yours.



Title: Re: When do you take out your investment when in profit?
Post by: AnonBitCoiner on January 09, 2024, 01:32:44 PM
Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.

Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.


Title: Re: When do you take out your investment when in profit?
Post by: justdimin on January 09, 2024, 07:08:23 PM
Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.
Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.
It is true that taking a risk with a coin would be a tough deal, and I understand why some people may have some reservations regarding that situation, it is not really impossible to handle, but the reality is that we are talking about something that may not be all that what it looks like. So we need to make sure that we know what we are doing, and it would be the most important part.

I agree that it is not going to be too simple, and I agree that it is not going to be quick to judge neither, but that is exactly what it is and should be considered a big deal. I believe that we are going to end up with something that would take years to make from bitcoin or anything higher, within span of a few days with something risky, but we could also lose all our money to it as well.


Title: Re: When do you take out your investment when in profit?
Post by: Zanab247 on January 09, 2024, 08:22:32 PM
Quote from: criptoevangelista
When I buy altcoins, I always think about the projection of them returning to the old historical high, so I think about taking profits in these price regions: ATH

But the strategy is individual, what works for me may not work for you. You have to set goals and targets and be faithful to what you have defined as a strategy.
There are some altcoins you will invest and you will not regret for taking such step because, they move whenever BTC price is moving in the market to give their customers profits to earn.

There are some investors are doing well in short term investment with altcoins and there are some long term investors are not doing well in altcoins investment but doing well with BTC because, everyone has their own choice to make in the crypto investment but make potential projects your investment pay more than new project.


Title: Re: When do you take out your investment when in profit?
Post by: GeorgeJohn on January 09, 2024, 09:32:11 PM
Altcoins do increase whenever Bitcoin increases and its obvious that Altcoins doesn't increase without bitcoin having a positive in cryptocurrency, so I believe that bitcoin increment have effects in other cryptocurrencies, because if bitcoin falls today no any other coins that will rise when bitcoin is on red color in the chart, so any altcoins that doesn't have a green color this time will not experience a positivity in the market.


Title: Re: When do you take out your investment when in profit?
Post by: Makus on January 09, 2024, 10:07:08 PM
Everyone has their own risk management and the kind of actions dey take when they are on pressure. In my own opinion I see altcoin investment as gambling, do any one doing altcoin investment are like to short term traders. However, I believe  we are familiar enough with news and stories about people who buy a coin and then get 10x returns or 5x return. But I'll want you to know that, not all coin turns out to be the same when we talk about profit from our investments. Beside 4x isn't a bad one to take your profit., assuming you where dealing with Bitcoin, then I would have advised to keep holding.


Title: Re: When do you take out your investment when in profit?
Post by: sulendra12 on January 09, 2024, 11:50:23 PM
What does everyone else do when it comes to altcoins?
When I was doing scalping back at the day, I just took like 30% or sometimes up to 50% to cover fees and gain profit. I didn't intend to make huge money with this kind of strategy, I would rather get the profit consistently instead of just wasting my time to chase something bigger but in future runs I got dumped really hard because I have wasted my energy on that trade. It's just me but I'm more into playing really safe when it comes to this.


Title: Re: When do you take out your investment when in profit?
Post by: Questat on January 10, 2024, 11:46:22 AM
Everyone has their own risk management and the kind of actions dey take when they are on pressure. In my own opinion I see altcoin investment as gambling, do any one doing altcoin investment are like to short term traders. However, I believe  we are familiar enough with news and stories about people who buy a coin and then get 10x returns or 5x return. But I'll want you to know that, not all coin turns out to be the same when we talk about profit from our investments. Beside 4x isn't a bad one to take your profit., assuming you where dealing with Bitcoin, then I would have advised to keep holding.
X2 is satisfying to me but if if I could see that it is possible to grow more, then I wait.
Investing in crypto isn't all about holding and waiting for more profit but also, we must learn how to analyze the market if we need to hold or sell it now. Many people become victim of waiting more thinking that a particular project will continue to pump but in the end, it even drops more and misses the chance to sell at a profitable price. That is why we know contentment as we are not in control the market trend.


Title: Re: When do you take out your investment when in profit?
Post by: Makus on January 10, 2024, 01:18:08 PM
X2 is satisfying to me but if if I could see that it is possible to grow more, then I wait.
Investing in crypto isn't all about holding and waiting for more profit but also, we must learn how to analyze the market if we need to hold or sell it now. Many people become victim of waiting more thinking that a particular project will continue to pump but in the end, it even drops more and misses the chance to sell at a profitable price. That is why we know contentment as we are not in control the market trend.

Yeah, the only thing that will help a trader is discipline and satisfaction. You have to be discipline I the sense that, you should know when to quite and when to keep buying especially when it comes to very volatile coins like meme coins. And you should be able to be satisfied with little things, don't expect the all markets to be the same, you should be contented with small profits instead of expecting a 100x profit from a  coin. Greediness is one of the reasons we see people Lossing enough profits even after they got the chance the take their profit at a moderate price.


Title: Re: When do you take out your investment when in profit?
Post by: icalical on January 10, 2024, 01:43:16 PM
When my investment already gain value, I mostly rely on technical analysis on when to take my profit. The simplest thing to do was to determine the support and resistance. When price hit resistance barrier three times and then surpassing the support I would sell it, but sometimes I also watch for some news that might affect the price.


Title: Re: When do you take out your investment when in profit?
Post by: tygeade on January 11, 2024, 07:23:01 AM
When my investment already gain value, I mostly rely on technical analysis on when to take my profit. The simplest thing to do was to determine the support and resistance. When price hit resistance barrier three times and then surpassing the support I would sell it, but sometimes I also watch for some news that might affect the price.
This does sound like a proper way to do it, it includes everything, from profit making to indicators to walls, it is really the way to go. Doesn't mean it is the only way, doesn't mean it is the best way, but I can say that it is a good way to do it and I support it.

I believe that we are dealing with something that is not all that easy, and it is going to be a tough deal if we are not careful with it as well. I believe that the best thing to do in this case would be making sure that we are dealing with something that is a little tough to handle. So if you are leaving, if you are getting out, the only risk is the price keep going up, but if you are already in profit, it won't be an issue, and if you are in a loss, try to stay longer and not get out.


Title: Re: When do you take out your investment when in profit?
Post by: Bushdark on January 11, 2024, 07:26:52 AM
Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.

Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.
There is no specific time when we need to take out our profits. It all depends on what we actually wants and how huge is the profits that we want from a particular trade or investment. It is good for us to know what we are doing and invest appropriately and don't allow greed to inflict it violence on us. We can easily lose our profits to the market if we are too greedy and do not have a self discipline on when we actually want to take our profits from the market.


Title: Re: When do you take out your investment when in profit?
Post by: Dr.Osh on January 11, 2024, 10:56:49 AM
When my investment already gain value, I mostly rely on technical analysis on when to take my profit. The simplest thing to do was to determine the support and resistance. When price hit resistance barrier three times and then surpassing the support I would sell it, but sometimes I also watch for some news that might affect the price.
Well, it's a good strategy and might be useful for OP. however, not everyone has a strategy like this. Many people continue to hold the assets they own and hope the price will rise, even when the price falls very drastically, they still hold it.
However, when I have made 3x or 4x profits, I will probably sell some, and will probably apply the lowest price. When the price of the investment I have has reached the lowest point that I have decided, whether because of FUD, or because of some other reason, then I will probably sell it in the form of stablecoins and do research first on whether I will buy it back, or look for an investment others are more profitable.


Title: Re: When do you take out your investment when in profit?
Post by: arjunmujay on January 12, 2024, 01:50:09 AM
If I were a very layman and didn't even know about technical analysis, I would take advantage if my target was met. For example, I buy coin A and I target to take profit if it rises to 100%. or I will take profit if it increases by 50-70% of my capital. and if my target has been met, I will definitely sell everything and take the profits.


Title: Re: When do you take out your investment when in profit?
Post by: radjie on January 12, 2024, 04:38:46 AM
Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.

Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.

Investing in the right Altcoin that is already popular can certainly minimize the risks, even though all types of investments are very risky, of course, our courage to face these risks will produce satisfactory results.  Many conclude that when the price of Bitcoin increases, several Altcoins will experience the same thing. Recently, several Altcoins have experienced an increase and that is a green light to choose the right Altcoin to consider.


Title: Re: When do you take out your investment when in profit?
Post by: Obim34 on January 12, 2024, 05:46:24 AM
Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.
The chances of getting the right Altcoin to invest can be very less currently when there are now records of newest Altcoins with no potential but considering the approval of Bitcoin ETF and halving will certainly have good influence on most Altcoins. Yes, careful search and observations should be proved before investing, this reduces the chances of being scammed.


Title: Re: When do you take out your investment when in profit?
Post by: slashz9 on January 12, 2024, 06:16:13 AM
I think everyone's strategy is different, there are those who only look for a 10-30% profit and then sell it, if you have earned more than 100%, then you are a long term type or you are in a favorable situation because market conditions have gone up over the past 2 months.


Title: Re: When do you take out your investment when in profit?
Post by: huu78 on January 12, 2024, 06:27:49 AM
Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.


Title: Re: When do you take out your investment when in profit?
Post by: Publictalk792 on January 12, 2024, 07:24:51 AM
Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.
It is a good idea to set a goal for your investments. This helps you control the amount of risk you take and stick to a smart investment plan. When you set a specific percentage as your target you are being realistic and not letting yourself get too excited by the market ups and downs.
Investing in any market like cryptocurrencies can be risky. When the market is doing well there may be chances to make more money. But it is also important to think about the possible risks and how the market change much.
So don't be greedy my dear friend always stick on your decision and never slip in to a trap.


Title: Re: When do you take out your investment when in profit?
Post by: deathcode on January 12, 2024, 07:44:37 AM
Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.

Yes, that is also important, but adjusting to the situation sometimes makes traders quite greedy. actually in planning the trader had reached the target, but he did not decide to leave because the situation was in better condition. but who knows the peak predictions?
If you can take advantage of the situation, you can do it. But never forget the target you have set. being greedy is not very good.


Title: Re: When do you take out your investment when in profit?
Post by: redsun114 on January 13, 2024, 07:46:20 PM
Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.
Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.
What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.


Title: Re: When do you take out your investment when in profit?
Post by: Obim34 on January 13, 2024, 07:57:40 PM
What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.
Investing in Altcoins is all about the risk and nothing more, the consciousness of loosing your funds even after making good research about the project. We never can predict the faith of these Altcoins, sometimes it turns out not the way we had in mind just so we know at times we can never be smarter than the project team when their intentions are to rug and scam investors.


Title: Re: When do you take out your investment when in profit?
Post by: Sophokles on January 13, 2024, 08:34:43 PM
What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.
Investing in Altcoins is all about the risk and nothing more, the consciousness of loosing your funds even after making good research about the project. We never can predict the faith of these Altcoins, sometimes it turns out not the way we had in mind just so we know at times we can never be smarter than the project team when their intentions are to rug and scam investors.

The whole crypto industry is a risky investment category and this place is not for those who can not handle the volatility in price action. Altcoin market is risky because this is the wild part of the industry where crazy people create problems by themselves, find solutions for them, and build projects on top of it. It is not hard to get funding in crypto as people know that in the short term they will be profitable and in the long term they have projects like BTC and ETH which they use as a safe guard.


Title: Re: When do you take out your investment when in profit?
Post by: poodle63 on January 14, 2024, 12:33:03 AM
Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.

Yes, that is also important, but adjusting to the situation sometimes makes traders quite greedy. actually in planning the trader had reached the target, but he did not decide to leave because the situation was in better condition. but who knows the peak predictions?
If you can take advantage of the situation, you can do it. But never forget the target you have set. being greedy is not very good.
finding the peak is always more difficult than most pictured it out to be, because nobody have idea, some people might say to sell at peak but lets be honest here, even them also don't have idea when the prices gonna reach peak, therefore i call bs for anyone that tries to find peak, best course of action is having some target maybe if it reaches 30% increase then we gonna sell it and so on.
i've traded with most coin myself and sometime find myself regretting selling too early or too late but here's the thing, if we are still at profit we should be grateful enough at least we are not losing anything here.