Potential of an altcoin

[SunOfBooost]

I think this is going to be a little different for everyone. I think a big thing is setting a goal. I have found that it is easier to 3x 10 times than it is to x10 once. I usually set the bar fairly low and when we hit the mark i was looking for in the long term , I pull out. I feel like this is a little safer and you keep your losses to a minimum. just from my experience though..

[target]

INJ is a popular token, there are many YouTubers who review it to have a good potential I guess thru these videos a person who wants to profit will likely buy the token as early as possible just like OP. I wouldn't be comfortable investing in it still even after the price had spiked. The potential is there for INJeven to Doge but it will remain as pump and dump when there isn't a fair distribution.

[Willitivity]

I don't know why you need to compare between a new altcoin and an existing coin, remember the existing one once had days like the current one coin, the bear market is coming because things can't keep going up this way forever, I just hope you lock on that profit before you lose it.

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

Not just you man, considering how volatile the crypto market is if my investment is up with 300%, I would dump the token and move on to the next big project, greediness could pay sometimes while 90% of the times you will eventually end up getting rekt because you want the market to work hard enough for you alone, which doesn't work that way.

[shinratensei_]

You don't even need to compare it again when INJ already lead the competition. As far as i know, this project has been giving a very big return and that's why your position should on a safe place. I have been observing INJ and you can see the potential based on the development progress. The comparison is not needed when you are not getting a competitor that can replace INJ anytime.
As far as i can see that there's no still a potential competitor for INJ. Just see that based on the current progress. that's enough.

[Ridwan Fauzi]

First of all you have to choose tge pariode of time before you buy the coin/token. By doing this you will have a target price and you will set it for the first time your entry is being reached. After that, you will let your entry until the target is been reached.

You will not confused like this time if you specify which pariode of time that will you choose. But, you have another solution to resolve your confusion, you have to know the latest update about crypto currency. For this bull run season will end if there is something bad news come. Becausw if we look technically, many time especially bitcoin gave a sign that its price will fall but it is just based on the chart only.

[Viscore]

Profit is what we aim for why we choose to have these potential altcoins but you can't find it measurable since the price is quite moving in a different direction. You'll be saying 600% profit gain, you'll get so lucky for that and it is only common to happen when it hypes but this is not it happens all the time.

That is why it is a need for us to choose the coins that we feel can have the potentials, we don't need to overly think about big returns but at least we get some that are very important.

[Shasha80]

The best time to sell our altcoins is when the price of the altcoins has risen beyond the purchase price. Regarding what percentage of profit we have
to take, it all depends on each person. There are no rules that determine the profit we should make from investing in altcoins. So determine
the percentage of profit you want, because surely everyone has a different sell target.

Regarding INJ that you have bought and now have a profit of 600%, it should be sold immediately. Because if you are greedy for even greater
profits, can eliminate opportunities for profit. Because the INJ price could suddenly be dumped. And you don't need to compare INJ's profit with
other altcoins profit. Because every altcoins must have a different profit target, depending on the results of the analysis that we make.

[aioc]

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 lucky to have found a project that already yields you 600% it's not rare but you need to do diligent research to find one, the most important is to take out your initial investment so you have no worry about losing and just follow the development of the coin, if you think the coin will continue to show strength in the market, you can retain your investment and add more, the most important thing here is to always get an update on the coin you've invested and going to invest.   

[Silberman]

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.

Doing such thing does not seem as if it is the best idea at least to me, why you want to compare one coin to another when there are many instances in which a coin that is a direct clone of another does really well and the other coin does not move at all? You are asking basically for an exit strategy and I will recommend that you read a few books about it and select the exit strategy that you like the most, a trailing stop loss is very popular and at least to me it seems like the best way for you to keep holding your coins and still keep most of the profits that you already got in the case that coin crashes.

[Farma]

To see the potential of an altcoin, you need to learn something even to the point of being specific about the coins you will hold. Talking about potential, a lot of people think that as long as the project still has new development, or it's included in a popular altcoin, then it will be fine. that's not wrong, but try to find the latest breakthrough of the coins that you hold, because the price might go up even higher.
To be honest, I also felt like I was failing in seeing the potential, as I was also selling Ethereum for under $ 1000 at the end of last year. however, it made me realize that I was ill-informed, and less patient in this matter.

[Francis Freeman]

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.

Honestly it's almost impossible to guess the up[side potential of a promising project let alone some worthless meme coins. The best scope of action would be to sell some take out your investment and sell them later at periodic intervals.

[judaspriest]

To see the potential of an altcoin, you need to learn something even to the point of being specific about the coins you will hold. Talking about potential, a lot of people think that as long as the project still has new development, or it's included in a popular altcoin, then it will be fine. that's not wrong, but try to find the latest breakthrough of the coins that you hold, because the price might go up even higher.
To be honest, I also felt like I was failing in seeing the potential, as I was also selling Ethereum for under $ 1000 at the end of last year. however, it made me realize that I was ill-informed, and less patient in this matter.

maybe you can but it will be difficult because most projects just follow or update their existing projects.
some who made new breakthroughs such as ETH, DOT, BNB. have shown their existence and have increased many times the initial price.
maybe another project will come up again.

The project project should also make a breakthrough because it will make it better in the future.
and indeed the three coins are progressing better and of course it cannot be separated from the team,
yes it seems so and we'll see if another project will appear or not

[Apostlekin$$$]

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 can't compare to make gains out of other crypto projects, every coins have their own standard and their utilities, what is potential? Coins don't just grow them, it's all about the team hardwork that brings good worth and value to coins and token and to attract high adoption rate the coin must be very useful

[fia_naila]

I vote for SYL from XSL labs for new project of altcoin, because next big thing is we need to protect our Data and DeFi need to do KYC without any third parties knows and stores our data in one place. Second new project i have been invest to is Sovryn. Tokenomic is so good with only below 10million for the first year of its launch.

[JackieAinsley]

600% profit is already huge. You should put some profit limit whenever you buy a coin. Set target profit so you won't regret that you dont sell that off when market unexpected bear comes. You can't even compare that INJ to the other altcoins in the market. As long as it has a good trading volume,  still has a progress and update, then you dont have to worry that much.

"A wise trader knows how to run their profits"

You shouldn't be that greedy when it comes to your profit. Other altcoins do not gives that much profit.

I agree that after raise of the market there is a fall of the market. And it is important to fix the profit.

Also a lot of depends how useful project is for people, how many people use the token.

There are ecological projects. https://moss.earth/blog/ - here is written how it is important to protect the nature.

I think that such projects will be always useful for people because it is very important to protect the nature.

I checked the volumes of MCO2 tokens here https://etherscan.io/token/0xfC98e825A2264D890F9a1e68ed50E1526abCcacD

They are increasing. Some people buy a really big volumes of MCO2. It means that people understands how it is important to protect nature.

[Pamadar]

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.

Honestly it's almost impossible to guess the up[side potential of a promising project let alone some worthless meme coins. The best scope of action would be to sell some take out your investment and sell them later at periodic intervals.

If manageable to sell your  capital  investment and periodically sell those assets from time to time.

This will allow you to take profits from the asset that you choose, it's hard cause even in the bull market chances of any coin to pump
is still depends from the developers and to those people behind, adding to that are the whales who also playing and keep on tracking which moving coin/s are best to invest and catch some decent profits.

[silverston]

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.

Now all altcoins have huge potential because the market is growing and they are catching up with bitcoin. I would not even call it an alt season. But if the market goes down, then altcoins will start to fall much faster than they grew. So be careful, don't invest only in altcoins!

[disconnectme]

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 you are trading a coin, you know when to get in and out but this can be difficult when investing in a coin, there are two ways I go about it, if the price has done 2X, I will start scaling out, take part of it and invest into another project or I will look at the project that they are in thesame market like Sushi and Uniswap look at the performance of the other, if the price is doing well then fine, I will wait until the price touch half of the other market cap to start scaling out

[darewaller]

Honestly it's almost impossible to guess the up[side potential of a promising project let alone some worthless meme coins. The best scope of action would be to sell some take out your investment and sell them later at periodic intervals.

I would sat that there are some few methods of doing TA to see if the price should be higher or lower, that's what people use to decide what the price of something should be worth, but we all know that most of the time that is wrong and many people end up losing money because of it. However I do think that if you believe in the coin you are holding, you are going to make a good amount of return from it for sure, it may not be huge right away, but it could be very decent at the end of the day, and I believe as long as you can wait long long long time for something, eventually it will become a good coin as long as it is actually a decent project.

I am not talking about shady or scammy coins, there are tons of them as well, I am talking about projects that promises a good future, if you find one and think that it will not be zero, that will probably go up decently in the long term.

[motun01]

Comparing an altcoin against another in the name of trying to projected put its value is fans recipe for disaster because in altcoins are independent of eachother and you should analyze them individually.
 You need to know if the projects in a serious if the team I'll get so far, what you do future plans, what is the price liquidity on exchanges. By performing this research you'll know which coin to sell or keep