Exiting altcoins at the correct time is the best thing you can do do with them.

[terrorJR]

An atheist earns as much Bitcoin as possible. I like your point about increasing the number of Bitcoins over time because Bitcoin is always moving forward. Altcoins are highly volatile and they rise in price after Bitcoin.
Taking profits Altcoin is an art, we need to know how to be satisfied with profit even though it is small, avoids greed leading to loss. As long as you limit your investment losses, you won't lose.
To facilitate the maximum accumulation of Bitcoin, we need to first take profits from the stablecoin and wait for a strong bear market to start buying.

That's right, limiting losses is a way that must be emphasized as a trader, even though it is often a defeat of ambitions that feel lacking and not enough for the profits they get. Trading always has a pattern of ups and downs, and we have to instill that from the start. Honestly, dealing with greed is so hard, even all the old merchants can't control it.
so we have to return to our intentions and patience with market situations that often pressure us to stop losses.

[devil2man]

obviously not all altcoins will double or triple, some can even drop in value immediately that's why we have to use the right strategy to be able to earn always and in any case, set a limit value beyond which if it(altcoin) go down, sell immediately, i.e. stop loss on exchanges or exit in stable coin quickly to keep the profit made

[dothebeats]

Our greed gets the better of us most of the time, and it’s really hard to know whether it’s already the right call or not. If one is a well-disciplined trader, this shouldn’t be a problem as they will abide by their goals and standards and be done with it, no regrets or any more questions asked. Not everyone can achieve this level of proficiency and discipline, thus a lot of people still gets burned in the process of trying to earn more than what they can already take.

[SirLancelot]

limiting losses is a way that must be emphasized as a trader, even though it is often a defeat of ambitions that feel lacking and not enough for the profits they get. Trading always has a pattern of ups and downs, and we have to instill that from the start. Honestly, dealing with greed is so hard, even all the old merchants can't control it.
so we have to return to our intentions and patience with market situations that often pressure us to stop losses.

I understand that "sell high" is a big part of the trading world but you are basically ignoring all the investors as a whole and saying they are greedy. I mean we are just investors and we do not want to keep buying and selling constantly, I can't be bothered by that and I do not want to start learning how that can be done, all I care about is to buy bitcoins until I retire and then sell them all at once and retire that's it, I do not want anything else.

So selling high is not really a thing for many of us, selling them at the right time or wrong time is not an option for me, the only time I will sell any crypto will be the day I need something, for example I want a new PC and when I have enough money to spare for PC then I will sell some crypto, or I want to retire as a huge goal, when I retire I will sell them, but I do not plan on selling for just profit reasons, no trading for me, that doesn't make me greedy, that just makes me an investor.

[casperBGD]

Our greed gets the better of us most of the time, and it’s really hard to know whether it’s already the right call or not. If one is a well-disciplined trader, this shouldn’t be a problem as they will abide by their goals and standards and be done with it, no regrets or any more questions asked. Not everyone can achieve this level of proficiency and discipline, thus a lot of people still gets burned in the process of trying to earn more than what they can already take.

agree, it is hard to be disciplined when the market is going up, but you should have some strategy how to trade, before start trading
trend is your friend, greed is certainly not your friend, but it is easy to misunderstand that when you are emotionally in the market, always trade only what you can lose, and follow your strategy, if the exit price is reached, just exit the market

[terrific]

Even the amount isn't half for your profit. As long as you're in profit with that altcoin and you don't have any confidence on it, sell.
But if you're going to regret selling it because it might pump, don't sell.
What I usually do, when I get a good profit from it. I don't think of it and I'll sell no matter what happens as long as it's a profit to me.

[enhu]

When you find it hard to find an exit point because you have doubts of where the market might go, just take profit and wait. Altcoins are good to sell when there is a bullrun and the more you should sell when the bear market is here. You should see that an altcoin worth $50 per coin during the bull run could turn $2 during the bear market. Thats how low it will be.

[bamb]

Holding good altcoin  we put you ahead and secure your position! The fact that you are holding give you an awareness you may not have if you exit!  And been aware help you to buy at very cheap price even if there are lower lows as market correcting persist,  you will still be able to average down.  These are unique opportunity for outstanding gain when reversal of current situation happens.

[yat97]

When you find it hard to find an exit point because you have doubts of where the market might go, just take profit and wait. Altcoins are good to sell when there is a bullrun and the more you should sell when the bear market is here. You should see that an altcoin worth $50 per coin during the bull run could turn $2 during the bear market. Thats how low it will be.

I fear this greatly. Some will crash 90% and never return to its all time high. I've put most of my altcoin eggs in VET, ADA, KSM, and some in Doge. I'm just hoping VET one day gets recognized for the value it has not as a currency but a marvel of digital engineering that will revolutionize the logistics and tracking industry, instead of it being tethered to the bitcoin price. Uhg. VET is more like a stock than any other crypto currency. ADA hoping on some Africa deal thing and hoping Elon tweets at least one final thing about Doge that pumps it again.

I foolishly listened to 90% of these "expert" youtubers all... universally claiming the bear market was just getting started, and we would have this supposed fantasy "alt-coin season" where alts keep climbing when bitcoin is done or even declining.

I thought it was a bit high to enter the market, me being a noob I just trusted everyone. I wish I got in last year, I didn't know where to get no KYC crypto via credit card. Turns out, oh you can't. But I heard people doing it. No, it was outdated info... So I found another less easy more pricy way... Not a lot of info is out there on that. So I got in too late. I knew bitcoin was way too high for the short time it pumped so I was expecting a pullback any moment but it kept going up, then sideways, so I figured well maybe I'm just in time for this mythical "alt coin" season. Uhg.

Lord Bogdanoff personally hates me in particular for some reason.

[ilovealtcoins]

Altcoins build up, increase in price, and eventually, money flows out to stablecoins or Bitcoin. I realized that in the crypto market. Trends will soon end and altcoins will be gutted. There are only a handful of altcoins left that continue to grow and deliver huge profits. Such altcoins are few in the multitude of projects created.

[adzino]

Not really. All altcoins aren't shitcoins. You have to exit at the "correct time" when you know you are investing in a shitcoin. Those coins usually gets hyped at the beginning and then gets pumped when everyone starts to invest in it. Once the hype is over, most of the people starts to dump the coins and take their profit. This is when the people that exit at the right time makes profit, while those who exits at the wrong time, loses everything. Even if you are at loss, never hold your shitcoins. Highly likely it will never go up again. Better to make some loss and save some of your investments.

[kayiboyu]

It is really a good thing you said. But the hardest part is to be able to predict the correct time to exit.    Because there is no obvious sign for it to warn investors. It is totally up to us, investors. We need some luck in this too.

[nelson4lov]

It is really a good thing you said. But the hardest part is to be able to predict the correct time to exit.    Because there is no obvious sign for it to warn investors. It is totally up to us, investors. We need some luck in this too.

Seconded. In hindsight, nobody "truly" knows when the right time to take the exit route for an altcoin. There's no sure-fire way to do that. So instead, it depends ultimately on us to make critical decisions like this. Most likely, it's by common sense and human psychology. Ideally, everyone know any altcoin's price is around a high value and could potentially be sold and vice versa. The main problem is that we don't trust our guts and there's also the issue of greed and fear that abounds making it even more difficult.

[Yamifoud]

Not really. All altcoins aren't shitcoins. You have to exit at the "correct time" when you know you are investing in a shitcoin. Those coins usually gets hyped at the beginning and then gets pumped when everyone starts to invest in it. Once the hype is over, most of the people starts to dump the coins and take their profit. This is when the people that exit at the right time makes profit, while those who exits at the wrong time, loses everything. Even if you are at loss, never hold your shitcoins. Highly likely it will never go up again. Better to make some loss and save some of your investments.

I sell all my shitcoins while it still has value and put the money to potential altcoins. As the bear season has come (soon), now is the best time to anticipate a huge market correction. We can't rely on those hyped coins while we can still benefit from them, make this as an opportunity for the next plan.
However, we have a different mindset, many were still thinking for an xxx profit from holding these shitcoins. Well, it has their choice, they can never realize that they are wrong until such a time that they will experience it.

[KennyR]

With altcoins one should not expect big profit, if the market is moving good then go for it. Because we don't know when the crash happens with the particular altcoins. If it is on the top order we can try holding it for assured return on the investment. The same isn't possible with every altcoins. Myself have experienced this, kept hold of an altcoin that isn't so popular. It grew high, but I expected even big and massive crash happened. Further there is no sign of growth. Making the right exit is always important with altcoins.

[Luqman]

One of the ways to make trading or investing in altcoins worthy is that we know the right time to buy and sell the coins. It is not about reaching the ATh but it is about the ways to make us utilize every moment to get the profits. because altcoins are very risky, moreover the new coins. That is why we must be smarter in analyzing the current market, the price up to and down, and also how the coins or tokens are in the market. So, we can take the right time to take profits, never be greedy with the profits.

[aioc]

The cardinal rule is always been to buy low and sell high, here in the Cryptocurrency market you are not guaranteed of hodling a coin for a very long time except Bitcoin, coins come and go and there are coins that take time to make a profit, everything here is timing and the right time to buy and sell, I consider the Cryptocurrency market as the riskiest, you have to invest what you can afford to lose.

[meanwords]

-snip

I think we've all had this experience at least once and you're not alone friend. At least you learned your lessons that most of the altcoins nowadays are just pumps and dumps and that you shouldn't hold them for long. At least that's what I thought on those overhyped shitcoins that is driven my social media market. I prefer tokens who is taking it's time for development.

[btc78]

obviously not all altcoins will double or triple, some can even drop in value immediately that's why we have to use the right strategy to be able to earn always and in any case, set a limit value beyond which if it(altcoin) go down, sell immediately, i.e. stop loss on exchanges or exit in stable coin quickly to keep the profit made

If you know how to find it then you will be a successful investor and can even make that x10-100 profit but the thing is can you really take it and have a chance?
there can be someone who knows but many are not it means we will be a loser mostly and only few will win.

unfortunately the right time in my opinion is when you have profited more than 100% of the altcoins you bought, but if you exit completely then when the price goes back up more than 500% like what happened to dogecoin then it will only make you regret because it was too soon to sell all the doge you have.

lol how this will come if you will just come to start?

there is no chance that you can find it when you are not in the situation yet.

[Golftech]

The cardinal rule is always been to buy low and sell high, here in the Cryptocurrency market you are not guaranteed of hodling a coin for a very long time except Bitcoin, coins come and go and there are coins that take time to make a profit, everything here is timing and the right time to buy and sell, I consider the Cryptocurrency market as the riskiest, you have to invest what you can afford to lose.

Exactly, it's all about timing and how you interpret the market, buying low and selling it high always

the advantage of each traders, unless you have a better view with the project that you are supporting

it can take some long term before you take your position. keep in mind that taking full responsibilities

in making the decision is tough when you are in this volatile market venue.