Potential of an altcoin

[cryptomark2021]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?


Thank you.

[1714150962]

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[1714150962]

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[1714150962]

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[JeffBrad12]

You don't need to compare it with another altcoin that is similar to your coin. What you need to watch the chart when there's a big signal for the bearish trend and you may sell your coin and go out with your profit.
If you are seeing the future roadmap of INJ and that will give you a clue about how potential your portfolio is.
The comparison will make you feel confused. Just try to make sure if you are always in profit.

If you are on 600% ROI for your investment and you can try to set it to 500%. That's why you will always need to watch the market. This is my 2 cents.

[cryptomark2021]

You don't need to compare it with another altcoin that is similar to your coin. What you need to watch the chart when there's a big signal for the bearish trend and you may sell your coin and go out with your profit.
If you are seeing the future roadmap of INJ and that will give you a clue about how potential your portfolio is.
The comparison will make you feel confused. Just try to make sure if you are always in profit.

If you are on 600% ROI for your investment and you can try to set it to 500%. That's why you will always need to watch the market. This is my 2 cents.

What do you mean for "If you are on 600% ROI for your investment and you can try to set it to 500%" ?
Should I sell some to reach the 500% ROI of investment?

[masterrex]

It depends on how do you define the so-called potential aspect of an altcoin, Because If you have already gained a decent profit then it's good to go. because most of the time the greed will not benefit us instead it can cause a serious problem. In order to gain something, you must understand what you are doing, especially in the crypto industry that the risk and volatility are always present, and then if you have already gained a decent profit let's say 600% I believe there's no need for you to speculate or gamble again just grab it now for good and that was my opinion about it no more trick so that we can minimize the risk.

[Asuspawer09]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?


Thank you.

600% is a good profit when it comes to investing in the altcoin market, you could still risk it in the market because it is still altcoin season and probably it might pump more in the coming months.

But you need to understand that you need to set a goal in your investment or set it at a certain price point to sell it because altcoin season could end and money in the market need to circulate, I never see a token in the market just continue to pump mostly up to 5years and then it is going to reset there is always a risk that market price is going to go down so always set a goal.

You could look at the chart of ATH of some altcoins where the market circulates and support is falling, as long as you made a good profit already it's a good time to sell already don't be too greedy.

[crzy]

You see every project base on their contribution in the market and comparing its to competitor is a great strategies, investing on new potential altcoins is not that easy, and you really have to do your best to know it's pros and cons and to know if its worth investing, having your own research is a must. 100% profit in just a short period of time is really possible on good new projects, and if you're lucky enough it can still go higher that your 600% profit, just like Poolz right now.

[optimisticcm]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?


Thank you.

I think this is more than enough growth so personally i would have took partial profit here if not all, you can take 25% or so profit for now if you are still bullish and hold on for more gains later. If you do not need cash at the moment then obviously you can hold for even more gains.

[cryptomark2021]

I would like to set a price where to sell, but INJ is in discovery price and I have no previous support/resistance etc. What to do?

[Sanitough]

There's a big potential for a coin to rise in the long run, but the question is, can you wait that long, or you want to enjoy your profit now.

For me, 600% ROI is already a huge return, if possible, sell half of it, and hold the half for long term.
At least you already get your capital and a little profit, and you can use it to accumulate once the price will dump.

[sgenuine]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?


Thank you.

Many top coins have potential. When you choose an object for investment, remember the main thing. Don't blindly trust ads. It is best to invest your money in a studied project. And one more rule, never spend more than the amount that you are not so afraid of losing in case of loss.

[Mighty_crypt]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?


Thank you.

600% Profit is enough to say goodbye to a altcoin, maybe it's just me? I always take advantage of every new altcoins that comes out and deliver, I don't plan on holding for so long because they will eventually lose value at one point in time, greediness is what most hold on to altcoins even when their prices are over the roof

[isaac_clarke22]

~

INJ? Never heard of that coin, but from how you described it, it seemed to give a promised and good profits hmm. 400%? That's a lot.
Upon comparing it, you shouldn't.
That coin stood on its own and managed to get that high in price. Not sure if that coin is only part of pump and dump communities because I was never part of it anyway so be wary of that.
The coin, from my assumption, stood on its own and investors wouldn't think of investing to any other altcoins that have the same potential as that.

[juanda]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?


Thank you.

each altcoin has the potential and development of each. so we can't compare one altcoin to another. each altcoin has the potential and development of each. so we can't compare one altcoin to another. because all the end result of a trade or investment is getting profit. so if you already have a profit then you better sell it and immediately look for other potential altcoins to be able to get even bigger profits.

[CoinFoxs]

The only and best way to know about the potential of an altcoin, first you must have knowledge about trading and after that do a market survey and read graphs of altcoins. Note down the peak and lowest prices now it is a very simple buy coin at lowest price and sells when price breaks the previous record of the all-time high. Usually, coins grow and break the previous price milestone and then go down. So sell when you feel that you are in good profit.

[Ken_terrance]

People needs to understand that things won't keep going well forever, ups and downs is just how this life was created, you need to be less greedy to make good money in this space, if you haven't learn how to control your greed it won't go well for you because you will be caught in bears web before you know it

[bassbity]

each altcoin has its own characteristics and potential, so they cannot be the same as each other. This will be quite difficult if you match the coins you have on the grounds of a profit above 100%. As for the selection of the next altcoin alternative that you must have in order to approach the potential for significant movement, it is necessary to study each indicator, background and don't forget to pay attention to altcoin trends based on having valid information.

[hari9981]

People needs to understand that things won't keep going well forever, ups and downs is just how this life was created, you need to be less greedy to make good money in this space, if you haven't learn how to control your greed it won't go well for you because you will be caught in bears web before you know it

All people know of it, but we need to figure out what the trend will be. If we sell something because of fear and buy something because of greed, its the start of the problem.
For the case Potential of any altcoin, i think nobody know it. As long as the trends go up and its not overbought, its safe to hold ur profit, but if you feel its enough, just take profit from it.

[OasisDre]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?


Thank you.

You are the only one who can answer this question pal, the thing is you need to have a target, if any coin gives me 500% profit right now I will gladly leave and take my profit, not knowing when to stop is a very bad disease, once it crawls over you it's the end

[Handsome Boy]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?


Thank you.

if I personally after the price increase very high (more than 100%-150% in 24h) and suddenly the price go down 10%-15%, then I will sell it, because I am afraid if there is a big correction, so if there is a correction, I can buy it again, therefore the most important thing in my opinion is that we shouldn't be greedy when investing in cryptocurrency, because it will make us lose the opportunity to get a big profit.

[1l1l11ll1l]

Hi all, I would like to understand how to calculate the potential of an altcoin in order to understand when it is a good time to sell it.
In my specific case for example I bought INJ in December and now the profit is about 600% .
Should I compare INJ to an existing well established similar altcoin (if they exists) to understand its potential?
I know I should set in advance a price when starting to sell, but this could be 100%, 200% etc of profit but which to choose?

Thank you.

You are the only one who can answer this question pal, the thing is you need to have a target, if any coin gives me 500% profit right now I will gladly leave and take my profit, not knowing when to stop is a very bad disease, once it crawls over you it's the end

Strongly agree. 600% is quite a profit in my opinion. and maybe such a situation will only happen once and will not happen again. even though we are in a bullish trend right now, but I prefer to take the profits that are in sight rather than have to wait any longer for my greed. btw, comparing with other products is also quite important, so you can find out the potential of the coins you have