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Author Topic: Your alt coin rises to 1m are you pulling out?  (Read 323 times)
tyuner4
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February 11, 2018, 09:27:25 AM
 #21

It depends on whether I think the altcoin have potential to grow further. If I think it will grow further, I will hold or sell a certain percentage to lock in some gains. If I think it won’t grow further, then I will sell all.
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February 11, 2018, 09:32:51 AM
 #22

Well I have to see still in the market if it will be still rightful to pull out right there and then. Maybe if there is still more room for growth why would I be in a hurry pulling it up. It should be the perfect timing and careful assesment that should be followede for you to say 1m worth will ne enough pulling out.

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February 11, 2018, 10:11:49 AM
 #23

we all investors/holders are has a price goals to achieve, example if your set your coins to achieve the goals of $300 per coins, obviously you will pull it out and then take a shot to the another investment program or just wait for the coins to be dropped into the dip then invest in again. because theres a lot of possibility that your coins will dropped after you reach the goals you had which you waited for long.
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February 11, 2018, 10:15:26 AM
 #24

Yes I will pull out my money if my altcoin rises to 1million dollars!

 
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February 11, 2018, 10:41:01 AM
 #25

Yes off course I will sell some altcoins if I get good profit and hold some for long term. And this depends what is the future of that project, mean if the coin will really solve the problems for what it been created , its demand will increase more mean its future will bright and price will go up for sure, so I will hold that coin for long term.

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February 11, 2018, 11:21:08 AM
 #26

I think that it depends on your financial situation. If you had coins that worth 1 million dollars would you continue to live in a rented house?
Or would you keep your job that brings you 2k or less a month?
I believe that nobody would answer yes to these questions. Life is short and priceless, enjoy it. Don't spend irrationally but wisely.
So if I had these coins, I would sell as much as I needed to live a comfortable life.
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February 11, 2018, 11:52:53 AM
 #27

1 mill is not life changing number in 2018 , i think i will sell  ~ 50-70% and 30% will keep, because where 1 mill there is 2 mill Smiley plus fiat in future will be  more useless.
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February 11, 2018, 12:29:53 PM
 #28

Let's say your alt coins rises to 1 mil. Are u still investing? What happens if it pop to 600k? Ur waiting again for the rise. I think I'm dumping at 1 mil.
It really depends on your goal,if you already reached your certain amount of goal you should take your profits or else it might be losses isntead.Remember the market is too volatile your goals should be always fixed,do not rush things and always trade with some basic,use technical anf fundamental analysis so you can have more accurate trades,but when i already reached that amount i would personally cashout some percentage of that $1M because i cam from a 3rd world country which means that amount can change my family's life,do not be greedy or else your profits might turn into losses.

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February 11, 2018, 12:32:11 PM
 #29

I only buy a coin by research about it and thinking about it future so if I have a believe that a coin will give me more profit in the future so I hold them for long-term and keep them in my portfolio and not sell them early because I have a belief that it will give me more profit in future.
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February 11, 2018, 12:35:26 PM
 #30

Let's say your alt coins rises to 1 mil. Are u still investing? What happens if it pop to 600k? Ur waiting again for the rise. I think I'm dumping at 1 mil.

I would definitely withdraw at least half of the coins. But then I would invest in something else. This is a pretty interesting development but let's see it someday  Grin Grin

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February 15, 2018, 05:42:38 AM
 #31

Let's say your alt coins rises to 1 mil. Are u still investing? What happens if it pop to 600k? Ur waiting again for the rise. I think I'm dumping at 1 mil.
I'm not going to keep investing in it and all I'll do is take a few percent of the profits I get to buy other types of coins. And to choose some coins that I will buy, of course I must be more careful in terms of coin selection that I will buy because of course if we choose the wrong coin and that we will buy it will make us lose. so I would be more selective in doing that especially on coins at a low price.
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February 15, 2018, 05:44:36 AM
 #32

Let's say your alt coins rises to 1 mil. Are u still investing? What happens if it pop to 600k? Ur waiting again for the rise. I think I'm dumping at 1 mil.
Very obviously the choice of people is definitely sell it because the price of that much can buy lamborghini
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February 15, 2018, 06:12:45 AM
 #33

Let's say your alt coins rises to 1 mil. Are u still investing? What happens if it pop to 600k? Ur waiting again for the rise. I think I'm dumping at 1 mil.
Most likely I will cash out about 75% to fiat and keep plaing with other 25%. But no need to wait exectly 1mln or 500k, it is necessary to periodically fix the profit.
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February 17, 2018, 08:43:37 AM
 #34

Let's say your alt coins rises to 1 mil. Are u still investing? What happens if it pop to 600k? Ur waiting again for the rise. I think I'm dumping at 1 mil.
One thing that needs to be a strategy when the altcoin price we save increases by 1k is where we should be able to be wary of such moments. Because usually if the altcoin price rises to 1k then there will be a decrease. and I think the right move should immediately take a few percent

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February 17, 2018, 10:04:16 AM
 #35

It will still depend on the situation. I will monitor the market if the coin is still increasing so that I can have a bigger profit. But if its decreasing already, maybe I will pull it out.

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February 17, 2018, 10:16:09 AM
 #36

Let's say your alt coins rises to 1 mil. Are u still investing? What happens if it pop to 600k? Ur waiting again for the rise. I think I'm dumping at 1 mil.
If that happen i will  cash out maybe half to ensure profit so if the price may drop i would not loss all my earnings. i will diversify some of my earnings so i will not only dependent on one alt coins

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February 17, 2018, 10:30:22 AM
 #37

I'd like to cash out one half and reinvest it to classic types of assets. The rest half I'd divide into to two halfs as well - the first one is crypto and another one is a backup fiat capital for cash in during corrections.

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February 17, 2018, 10:39:34 AM
Last edit: February 17, 2018, 05:57:50 PM by Kim Ji Won
 #38

Let's say your alt coins rises to 1 mil. Are u still investing? What happens if it pop to 600k? Ur waiting again for the rise. I think I'm dumping at 1 mil.
You really think an altcoin could reach 1 mil huh? That would be a farcry even for bitcoin who just reached 20k$ tops over 9 years of existence and to think that an altcoin could exceed bitcoin is very hard to imagine. Also, I doubt you can hold your alt coin for that long considering all the FUDs that it would have if it even reach a specific high value in the market.
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February 17, 2018, 10:40:28 AM
 #39

you should take money when you can, my colleague was at 35$ and every time it goes up he would say i'll wait 50 and then 100 but then it collpase so when it pumps sell
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February 17, 2018, 10:41:48 AM
 #40

Do you mean 1 coin price rise to 600k, 1m USD? It depends on coin supply, volume etc. a lot of factors affect that.
But probably I would already sold my coins at that stage. I don't think I can hodl that long.
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