Bitcoin Forum

I hold an altcoin called Arcblock which I invested in last year at an average price of £0.09 and it reached an all time high earlier this week of £3.72 which is a 40x return. Current price is £3.35.

So far I have taken out my investment (£300) plus £1.6k profit but I am wondering if I should take more now or continue holding as we still have months to go, possibly even another year until the peak of the bull run so feel the price could go a lot higher.

On one hand I don’t want to sell too early , I believe Arcblock can reach at least £15 this bull run, some are even saying as high as £50 which is crazy to think as that would give me over a 500x return, but I’m not sure about that.

On the other hand I moved into my first house 6 months ago and the amount I can cash out now will help pay towards some of the work we want done to the house.

I have not been in this position before, it is my first bull run and this is the first investment that has given me 40x return so not sure what is best to do.

I am leaning towards cashing out half of the remaining amount I have left and then leaving the other half until the peak of the bull run but is that too much too cash out this early or is it the smart thing to do?

I know taking profits is never a bad thing but could cost me a lot if this does continue to grow in price a lot over the next 6-12 months , that is my concern.

This is really a complex topic. In the last bull of 2021, I booked my profit too early and left the market with USD and as I watched the coins that I had just sold rise, all I had was less profit, more regret. We are nearing another bull and as the price rises, both fear and greed fights inside our mind.
Selling your coins on all time high is a myth. You can neither predict nor execute it. The best thing would be to sell as close to that high as possible.
Someone did shared some strategy which I like and am rephrasing it. For a coin you plan to keep long term,
Put 50% of your coins at x2 of your buy price. When this order executes. You'd get back your investment and the remaining 50% of coins would be your profit.
Keep the 50% of the remaining coin (25% of initial buy) on x3, when executed, it brings 75% ROI to your investment.
Likewise keep half of what is left (12.5% of initial buy) on x4. This way you could go up till the price point you believe the coin could rise.
Might not work with bitcoin but is valid and achievable for newer promising altcoins.

Yes that is my main concern selling too early.

I could sell my whole bag now for a 40x return but it only takes the price to now 2x in price for me to have an 80x return so its a big difference.

The current price is £3.40 , I think I will just continue selling in parts as we go up in price my next sell target is £4.25 I will take more out then.

If I were you this is what I would do. With altcoins, it’s hard to determine whether it could still go up or would it be the highest peak before it crashes out. Everything happens abruptly as well so it’s hard to save some of your profit while being sensitive to time. The safest bet would be to do this. At least you’ve got some of your profit out already and if it continues to go up then it’s just a win-win situation.

The crypto market is volatile, and all what we can do is speculate prices, not knowing whether the coins/token we hold will dump or pump. You've in a spot now to make decision to sale and put the money in your housing project or leave your crypto project in the hope of getting more ROI, I think that since you have made tremendous profit so far, and have recovered your investment fund, it'll be good to leave some, but the percentage to leave has to be your decision. Unless if your housing project requires some urgency to finish it, otherwise it's best not to sale a promising crypto that has the potential to be bullish in this season.

Can I also ask, now that this altcoin has been performing really well over the last 6 months am I correct in assuming it will at least survive the rest of the bull run?

Or can altcoins crash at any point even during the bull run stage?

I don't want to get too confident with it and just assume it will still be around in a year just because of the recent rise if that is not always the case.

the thing is that you just never know whether in the next months or in 6 months your coin gonna pump or dump, its overall a hard decision to make when you don't even have any idea what future gonna be, but i'm myself always set a rule if cashing out the profit for the sake of whatever needs i want to fulfil is somewhat worth it, for example, i want to buy house, then its worth it regardless the price of altcoins keeps pumping or not, a profit is still a profit.
regret after selling altcoin is unavoidable anyway, you just wasting your time over thinking it, there's always opportunities in the future that you can take, but if you are so sure with the investment and thinks that the profit you make by holding longer may be life changing for you and a massive help, then I guess it depends on you to decide.

you're the one that knows your own financial condition the most, this decision is entirely up to you.
but yeah there are some other strategy that may not cause future regret of not holding longer like stated by some people before, just sell half of it if you're so adamant to fulfill your needs and keep the rest.

I am just trying to imagine what it would be like in both scenarios.

If it was to crash today, yes I could have had a lot more profit If I had played it safe and taken more out but at least I will have still banked £1.6k profit and not lost anything.

If I was to sell today and it does another 10x from current price this bull run, that would annoy me more as we would be talking tens of thousands of pounds extra I could have had.

I will continue to hold for now and see how the next week or so goes, current price is £3.45 and my next take profit level is £4.20 so will take some more out then.

Looking forward to alts season now, FOMO is high and you have to be willing to take risks. I'm preparing well, but I'm still continuing to staking TFS for backup, at least it will help keep me in the market

Yes you do have to take risks.

Many like to play it safe and that's fine if you have good money to start with but if you don't then you have to take a gamble like i did here.
It was only £300 over a 3 month period I put into this altcoin and it is now number 1 in my portfolio. 

I am hoping to end this bull market with good money to then play it more safe in the next bear market in 2026.

Hopefully alt season is only a month or so away now, fingers crossed.

Altcoins can crash even during bull season because the bull caused by Bitcoin, which mean Bitcoin is the coin that has 100% guarantee the price will increase, while other is either following or die. It can die because people who invest in altcoins choose to cut loss and shift to Bitcoin, which make altcoins no longer have any volume.

You can check there are many altcoins price are keep declining despite Bitcoin price tend to rise.

Investors or traders who have experienced several bullruns will face situations like this, and there are those who managed to get maximum profits or not, but the sad thing is that they didn't even get any profits at all because they left the market too late and even ended up becoming long-term holders or even seeing that the price of the coin has no value, you have to be careful in the altcoin market because it will actually be difficult for investors or traders to know which is the highest price and also the lowest price. Understanding the risks and getting a profit of 40x-100x is much better than failing to get a profit.

So as of now you made profits which is quite high you chose to decide only a small percentage from it like 20-30%, but I would say get your 50% profit and reinvest them into some other coin which is the most conservative method from investment perspective but if you believe it can still rise and you already took more than you staked then there is no harm in taking the gamble but you should accept whatever the result whether it rise further or comes down to zero.

We seem to be having a bit of a dip in the market despite the news of the Ethereum ETF approval.

Current price of Arcblock is £3.22, I will wait till it reaches £4 to then take out another decent chunk of profit and then hold the rest till end of year when it is hopefully £10+

The altcoin market fluctuate a lot but once anyone is able to understand the altcoin market movement i think they will be fine with buying and selling as they please. The truth is, those who have deep knowledge about the market can make money in any market condition, bullish or bearish. What matters most is knowing what you are doing, especially avoid fomo and buying at the top  ;D
Imo, when greed becomes too recessive is during bull when you have the best opportunity to take profit and you refuse. As of now, we are not there yet. 

Dump my friend. I have experienced missed $350k unrealized profit at 2021 bull run. I just tell you that if you will be regretting it once you will not able to sell your bags at new ATH. It's kinda stupid to believe your money will be going even higher than this time. The better to take a look at what stack has done. It was going back down again.
Im expecting parabolic chart for arcblock after this. It was never reaching a new ATH since it was getting listed. This is the time for you to sell it at the top. Don't be so dumb and greedy. You will be regretting it once you will be missing a chance to sell your tokens at the top.
Think about that my friend. The pump will never be forever. I remind you there was no a strong reason why this token gets pumped so hard like this time. The better for you to cash out it at least a half from your investment.
Expecting you to get more is a very risky decision.

There's no right answer to this, as no one knows the outcome beforehand. But why would you have to sell everything? Just exit slowly or take out 50% or something like that. 100x is my 50% exit point no matter what i think of the markets. This is based on my experience of being delusional and starting to fall in love on my investments.

Also consider what taxes you need to pay in your local area to get most out of the exit plan. Sometimes keep holding is so much better option if you need to decide on life changing money and pocket money.

In this kind of scenario, only you can decide whether you further hold it and get some more profit in the future or sell it to get a decent amount of income in order to use it on other investment platforms that you have already been up to. Most investors at this point will take the profit since there are not so many chances of having this kind of chance to earn as much profit as possible in your altcoin investment. When you don't get it now, you will find no more chances like this one in the future because sometimes the price won't rise again due to incompatibility of their new updates to the investors and they failed to have another impact for their coin to grow because they already so much investors.

I would have some the same thing you did the right thing for sure there is no reason to hold anymore since you make that huge profits. It can results to lots of losses if you continue holding the coins so exit is definitely the safer option here

We still have many months left of the bull run including the parabolic stage so it can hit £15+ easy.

The whole market is dumping currently, not sure why.

If you didn’t sell in the peak of the last bull then that is a stupid mistake to make, I will not be making that mistake and will cash out most of my profits by the end of this year.

Yes, it's definitely a good idea to start cashing out your profits, since you have already made x40 profit. That is a lot of profit, even when compared to the profit made through BTC by the early investors from previous bull seasons. If you are so confident this altcoin is going to hit 15$ by the end of this bull run, you can keep holding some portion of them to see what happens. However, it's highly advisable that the largest part of your portfolio should be put for sale already, so you can guarantee the x40 profit made.

It doesn't make much sense to take high risk after high risk without enjoying the fruits after all. It's similar to the story of the addicted gambler who keeps betting, chasing losses, and even when he is successful on the process, he doesn't cashout, but keep pursuing higher and higher betting rewards, as to win was the final goal, while the final goal should be in fact to put the winning into good use.

That's the risk on every investment, we need to sacrifice a lot of things particular with capital investment we had.
There's a lot of concerns not just you but for many traders including me. What I value nowadays is keeping my asset within control, don't easily dump when you see potential rise might soon take a big break.
Long term holding needs a lot of patience, eventually our undertakings will become successful once our goal is reached.

One of the temptations that often makes us regret it in the end is being greedy, especially for altcoins which are quite new and don't have a good and strong position in the market. I often do it, hoping it will go up again and again, but in reality it's the opposite. Greedy is one of the reasons I procrastinate taking profits even if it's only a few percentage points. In fact, you just leave it until in the end it becomes trash and the tokens are no longer valuable.

So, in my opinion, it doesn't matter if you still want to continue holding. However, in my opinion, at least you have to take profits first to return your capital in these coins. So in the future, if these coins continue to survive and the price is high, it will really be a bonus and reward for you. However, if it turns out to fail, at least you have returned your capital and didn't lose.

This is not being greedy but rather utilizing the bull run to the fullest because we often make the mistake of early cashout but yeah sometimes we end up missing out the peak assuming there's more surge to come and I have experienced both be it selling Bitcoin and $1000 or holding Altcoins when they were 50x in profit but didn't sell and ended up in loss during bear market. It's difficult to comment much on this topic.

That could be true as we are all aiming to become more profitable and yes of course we have to be more aggressive during the bull market as we all know, we can have a better chance here to make profit and if you do have that money, then why not utilize it to the fullest. Either with Bitcoin or altcoins, you should have your target price always so you can know when to buy and sell, to secure the profit no matter what.

You see,  one of the reason why people make millions and lose millions the same market they made it, it's because they don't have experience. Statistics said it that people who make their first large amounts of money lose it carelessly and that's what you are doing.

If you have made such kind of profits, why not just the profit and reinvest the capital, a place where you made your first big money can make you more again if you put more effort into the things you put into consideration that help you in the process to win the first one. Take that profit and make use of it outside crypto, don't lose your money into shitcoins.


You are looking at the only bright side of crypto and that's a good thing but it's because you made a good profits but I'm sure the story would have change if you made -50% from your investment. Just know that altcoin that give you profit can also take it, the 40x you made can vanish under 24 hours if bad things happen to the market, that's the bad side of investing in altcoins.

In my opinion, taking some of the profits from altcoin investments is a good move when the price rises. it is an opportunity that cannot be missed because we don't know whether the price will continue to rise or even when it will reach its peak. Therefore, while the price is rising and it is profitable, take the opportunity to make a profit.

People with their first large amount of money tend to be overconfident and over enthusiastic. They forget all cautiousness and start diving into different things. Buying everything and investing on anything without any hesitation because they feel as if their money is endless.

Learn to step back and keep studying to improve financial decisions.

That's what the majority is doing.

Those that can't dispose their altcoins and turn them into profit are holding it for their own purposes. Maybe the profit isn't enough for them to cover.

Or, they've got some other better plan that's being on its way as they hold it. But if you ask me, as long as you're happy and you're in profit, please do.

You might not see those opportunities to come again as the market is very different with altcoins than of Bitcoin.

Since posting this thread 3 weeks ago Arcblock like most other altcoins has been falling.

It fell from £3.72 all the way down to £1.85 a few days ago but has now recovered slightly and price is £2.50.

I am not sure what has caused altcoins to crash last few weeks but hopefully they will recover soon or at least go sideways for a bit and then start going up again in a few weeks.

After watching these altcoins crash over the last few weeks it has made me realise they can fall just as quick as they pump so I will take more profit out soon when it gets close to £3 again.

You should have sold already on that high and then bought when it fell.

Most likely it is because of Bitcoin. When Bitcoin doesn't move a lot and instead it's moving down, then alts like the ones you're holding are also affected.

Absolutely, that's why you need to secure your profits.

I also suggest that if you have made a profit from an altcoin, whether it is 10 or 20 percent, then it is better for you to take the profit and not try to hold it any longer. The altcoin market is very risky and when the price has been pumped up there is a possibility that the price will fall again as has happened with the Manta project.

10 or 20% is nothing - I want at least 500% return in the altcoins I am holding and that is possible considering we still have plenty of time left of this bull run including alt season when altcoins go up 50% or more each day.

I agree 100%.

I've learned a lot from my past that as long as you're able to gain, reward yourself by taking it. The market is unpredictable and you'll never know when that time shall come to you and be rewarded again.

So, if the price falls and you sell at almost lesser profit or loss then it's your fault. And when that time comes, I'm sure that you'll get to learn that as well and won't become greedy anymore.

We have to get stomped before we learn things, right?

The price of Arcblock is currently £2.36 which is still a 26x for me.

Many would probably think that is enough to completely be out of the trade but to me I just feel we have a lot of the bull run still to go and the price will go a lot higher during the eupohria stage of the bull run when alt coins go up a lot faster.

The price has seen £3.72 already a few weeks ago, I last sold some at £3.34.

I just constantly have in my head thoughts of selling too soon, I feel i will be more gutted if i sell all at current prices and then see it go up to around £10-15 later this year than i would be if i don't sell more now and it goes to zero.

If you know that the price of the token will going to increase higher in the nearest future, you can trade the half of the tokens to achieve income to solve some challenges that is affecting you, and continue holding the remaining tokens for the massive bullish season to come before you can trade to take huge amount of income. But don't forget that tokens price, don't use to increase higher like Bitcoin and Ethereum which you need to take income once the price hit higher in the market, because they can disappear sometimes to cause their holders regret for not release the tokens on time. Never you be greedy during the bullies season not to trade whenever you see majority of traders trading their coins, because altcoins bullish season don't use to live long like Bitcoin bullish season.

Well that's other option we can choose if we are risk taker and can afford to lose those remaining profit used. But for people who's not sure and think about everything is unpredictable then they should not doubt any good decision especially for taking their profit at whatever figure it is. Since there are sudden down turns on the market and for sure that those people will regret their decision upon not selling so don't think twice to take your profit since as long as you are bullish then everything is in good place for you. You can start over again, but if you became so greedy then provably that there would be an instances that you will ride up with those people getting in panic then praying for recovery before you sell. So for us not to come in that situation we should know how to settle up and think about profit at whatever figure is good already rather than chasing our loses from unfortunate events that might happen on the market.

When you see the peak, do not sell, and it starts to go down. That is literally the definition of it because you got too greedy to sell when you should and dreamed of even bigger profits and because of that you kept holding and you lost money because of that. I am not saying that you should not be doing it, you should definitely keep asking for more, but you should be smart enough to get out when you could as well.

It is quite obvious that we are going to make as much money as we can with what we have, and nothing would change that, it is just as clear as day. I believe that we need to make sure that we know what we are doing, and if we can do that then we are going to be doing fine. Just try to get out when you should, and you will be okay.