Bitcoin Forum
November 18, 2024, 07:49:32 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5] 6 7 »  All
  Print  
Author Topic: When do you take out your investment when in profit?  (Read 931 times)
Huppercase
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552



View Profile
December 23, 2023, 07:45:00 PM
Merited by The Sceptical Chymist (3)
 #81

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Congrats my man but can share us the type of investment and the type of altcoins you have bought over the last months, we could also learn from you and the choice of selections.

Quote
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

There are some altcoins that are bullish now and even after the bitcoin halving,  they might continue to grow even after that period, you see them do more 10x but that depends on what the team is building behind or built for the people to see, these are the variety of elements that determine the type of growth altcoins will get and the hype that may comes later

There are also some altcoins that may not grow beyond what you have gotten, so do your research since the coins are not public and sell the ones you feel like selling and hold the rest for tomorrow.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK  
          100%   MULTICHARGER  
Sophokles
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 516


View Profile WWW
December 23, 2023, 09:32:42 PM
 #82

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Congrats my man but can share us the type of investment and the type of altcoins you have bought over the last months, we could also learn from you and the choice of selections.

Quote
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

There are some altcoins that are bullish now and even after the bitcoin halving,  they might continue to grow even after that period, you see them do more 10x but that depends on what the team is building behind or built for the people to see, these are the variety of elements that determine the type of growth altcoins will get and the hype that may comes later

There are also some altcoins that may not grow beyond what you have gotten, so do your research since the coins are not public and sell the ones you feel like selling and hold the rest for tomorrow.

Your statement make sense about solana because the pump can be done internally. This can be the exit liquidity the team is trying to get for the fund recovery process of FTX. They are one of the largest sol holder in the market right now and it seems they have some strong backing from the industry otherwise this drastic rally only because of airdrop speculation doesn't make sense. Airdrop doesn't have this much liquidity to pump the price. The sol ecosystem management team has a strong market maker who is pumping the price and late investor can be the victims if there is a crash upcoming.
Bushdark
Sr. Member
****
Offline Offline

Activity: 1064
Merit: 266


Vave.com - Crypto Casino


View Profile
December 23, 2023, 09:57:58 PM
 #83

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Congrats my man but can share us the type of investment and the type of altcoins you have bought over the last months, we could also learn from you and the choice of selections.

Quote
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

There are some altcoins that are bullish now and even after the bitcoin halving,  they might continue to grow even after that period, you see them do more 10x but that depends on what the team is building behind or built for the people to see, these are the variety of elements that determine the type of growth altcoins will get and the hype that may comes later

There are also some altcoins that may not grow beyond what you have gotten, so do your research since the coins are not public and sell the ones you feel like selling and hold the rest for tomorrow.

Your statement make sense about solana because the pump can be done internally. This can be the exit liquidity the team is trying to get for the fund recovery process of FTX. They are one of the largest sol holder in the market right now and it seems they have some strong backing from the industry otherwise this drastic rally only because of airdrop speculation doesn't make sense. Airdrop doesn't have this much liquidity to pump the price. The sol ecosystem management team has a strong market maker who is pumping the price and late investor can be the victims if there is a crash upcoming.
The best time we can take our profits from trading our investment we have make is whwn we realized that we have made profits from the market. The crypto market is big having thousands of crypto projects and more are still loading. We need to make sure that have made profit from the investment before we have the mindset or selling what we are holding. Crypto market has different ways we can trade it and make profits from the market. We don't have to be roo desperate for us to make profits from the market.

Sophokles
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 516


View Profile WWW
December 23, 2023, 10:10:42 PM
 #84

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Congrats my man but can share us the type of investment and the type of altcoins you have bought over the last months, we could also learn from you and the choice of selections.

Quote
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

There are some altcoins that are bullish now and even after the bitcoin halving,  they might continue to grow even after that period, you see them do more 10x but that depends on what the team is building behind or built for the people to see, these are the variety of elements that determine the type of growth altcoins will get and the hype that may comes later

There are also some altcoins that may not grow beyond what you have gotten, so do your research since the coins are not public and sell the ones you feel like selling and hold the rest for tomorrow.

Your statement make sense about solana because the pump can be done internally. This can be the exit liquidity the team is trying to get for the fund recovery process of FTX. They are one of the largest sol holder in the market right now and it seems they have some strong backing from the industry otherwise this drastic rally only because of airdrop speculation doesn't make sense. Airdrop doesn't have this much liquidity to pump the price. The sol ecosystem management team has a strong market maker who is pumping the price and late investor can be the victims if there is a crash upcoming.
The best time we can take our profits from trading our investment we have make is whwn we realized that we have made profits from the market. The crypto market is big having thousands of crypto projects and more are still loading. We need to make sure that have made profit from the investment before we have the mindset or selling what we are holding. Crypto market has different ways we can trade it and make profits from the market. We don't have to be roo desperate for us to make profits from the market.

That means you will sell off your 10k worth of crypto even if you make $100 in profits from it? What is the point of risking that much money only to get a 1% return? In my opinion we should let our investment grow as long as the market is strong, the project is doing really well, and they have an active and vibrant community. Crypto is a risky place and altcoin is super-risky and high-rewards investment class. If you are looking for 1% to 10% then you should invest in some stock. In altcoin people are looking for project that can give them multipleX profits.
kotajikikox
Full Member
***
Online Online

Activity: 2576
Merit: 222



View Profile
December 23, 2023, 10:19:44 PM
 #85

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .

Yatsan
Legendary
*
artcontest
Offline Offline

Activity: 2576
Merit: 1252


Leading Crypto Sports Betting & Casino Platform


View Profile
December 24, 2023, 01:12:00 PM
 #86

Pull out if you are satisfied already; greed is never a good thing. Indeed majority of the coins in the market have experienced huge pump but given these tokens are most of the time only good for short term holding, then avoid too much greed. If you are already having a feeling and if the charts said so, at least secure a portion of it. On my end I am usually taking 20% of the total profit especially if there is a bit of resistance with the market price 'coz in such way, whatever happens will still leave me with profit. Pushing all of it through will just put me in a bigger risk. I have experienced winning 200%+ then due to greed I did not pull out that tike and just sleep. Just overnight I am already in 67% loss due to the sudden dump in the value of that coin. We just never know what will happen next especially at this point wherein volatility is to high. There is also a confusion still whether bullrun has started already or not.
A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .
Also, the market price of any crypto won't continuously increase in a consistent manner; there will always be price consolidations in every resistance levels. Let us normalize taking home some of the profit than to be left with nothing or worse, with loss, if things will not be managed properly.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Bushdark
Sr. Member
****
Offline Offline

Activity: 1064
Merit: 266


Vave.com - Crypto Casino


View Profile
December 24, 2023, 05:14:57 PM
 #87

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .
There are people that don't like investing much in cryptocurrency.  They can invest as little as $5 to $10 and make huge profits in the market. We need to learn lots of ways for us to make money in the market not just the regular way of investing and taking profits from the market. We can make lots of money in the market through different ways especially investing appropriate amount off capital.
Taking profits from our investment need conscious knowledge and taking profits when we can see that we have made profits from the market.

Belarge
Full Member
***
Offline Offline

Activity: 560
Merit: 100

Eloncoin.org - Mars, here we come!


View Profile
December 24, 2023, 09:37:10 PM
 #88

Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .

Life is easier when you're with with winning team, you anticipated with good activities that yields profits, no one has the tendency to withstand the pressures from the market when it's in crucial postions but we can sure of our strategies implemented. The market becomes favorable only when we're open to triggered good entries in the system, everyone just have to hold onto what's available in the system. I'm not greedy, I'm making my calculating tactics on dealing with the system. Don't expect much from the space, it brings dissapointement and also bring joys, one thing I observed, everyone have to survived in the market.

Asiska02
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 701



View Profile WWW
December 24, 2023, 09:42:20 PM
 #89

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

If you have invested in altcoins and have made this significant profit as you’ve said, maybe it’s time for you to take out your profit from the investment. We all know altcoins are risky investments but when you’re lucky, you can make a lot within a short time. While many are totally shit coins, some fews that make it up to some significant points, take your profits from them before they also start crashing. You’ve made smart investments by choosing those coins you invested in, the market is not looking good for many altcoins now, and getting 3X or 4X profits from an altcoin investment should be appreciated. Take your profit now and leave is my humble suggestion for you now.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
 
 Duelbits 
██
██
██
██
██
██
██
██

██

██

██

██

██
TRY OUR UNIQUE GAMES!
    ◥ DICE  ◥ MINES  ◥ PLINKO  ◥ DUEL POKER  ◥ DICE DUELS   
█▀▀











█▄▄
 
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
 
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
 KENONEW 
 
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀█











▄▄█
10,000x
 
MULTIPLIER
██
██
██
██
██
██
██
██

██

██

██

██

██
 
NEARLY
UP TO
50%
REWARDS
██
██
██
██
██
██
██
██

██

██

██

██

██
[/tabl
kotajikikox
Full Member
***
Online Online

Activity: 2576
Merit: 222



View Profile
December 25, 2023, 01:13:59 PM
 #90

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?
Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .
There are people that don't like investing much in cryptocurrency.  They can invest as little as $5 to $10 and make huge profits in the market. We need to learn lots of ways for us to make money in the market not just the regular way of investing and taking profits from the market. We can make lots of money in the market through different ways especially investing appropriate amount off capital.
Taking profits from our investment need conscious knowledge and taking profits when we can see that we have made profits from the market.
It is not that they don't like because if they do then not even 5 dollars that they will invest here instead they are just trying the market , because once they learn about how it works for sure they will never let themselves to just invest that little considering how much return they might get from the market.

Yamifoud
Hero Member
*****
Offline Offline

Activity: 2828
Merit: 519


View Profile
December 25, 2023, 04:11:02 PM
 #91

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

If you have invested in altcoins and have made this significant profit as you’ve said, maybe it’s time for you to take out your profit from the investment. We all know altcoins are risky investments but when you’re lucky, you can make a lot within a short time. While many are totally shit coins, some fews that make it up to some significant points, take your profits from them before they also start crashing. You’ve made smart investments by choosing those coins you invested in, the market is not looking good for many altcoins now, and getting 3X or 4X profits from an altcoin investment should be appreciated. Take your profit now and leave is my humble suggestion for you now.
Whether it is Altcoins or Bitcoin, they are all risky but considering the common behavior of these altcoins, it is found to be relevant to not waiting it long to sell. A decision to sell is the best option for them once seeing it pump as we can never expect such momentum to take long, it just rises for a while and dumps after the surge. Missing the chance won't make us regret this will be difficult to expect it back especially if we are investing in hyped projects or those worthless coins (shitcoins).

We have to be smart when investing in altcoins. Some people will say patience is the key but must deal with altcoins separately and uniquely.
doomloop
Hero Member
*****
Offline Offline

Activity: 2478
Merit: 586



View Profile
December 25, 2023, 05:42:42 PM
 #92

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.
Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.

Wiwo
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 763


Top Crypto Casino


View Profile WWW
December 25, 2023, 05:50:36 PM
 #93

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.
Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.
Because of the high volatilities with the altcoin market,  reason why the risk involved in it is higher in proportion and also many times why do we advise ourselves to only invest in altcoin just as a gamble because you never know which one will pick in price and which time it will do that,  this is because we may get carried away to believe that a pump in price means steady profiting,  and instead taking off the profits you allow greed to make you push ahead and to the point that it become a total lose for us and that is one thing that have given the altcoin investment a bad image.

Well to be a smart investor one needs to pull out at the time when the party is most interesting so as not to be carried unaware by a pump and dump team.

electronicash
Legendary
*
Offline Offline

Activity: 3234
Merit: 1055


View Profile WWW
December 25, 2023, 06:01:22 PM
 #94

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.
Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.
Because of the high volatilities with the altcoin market,  reason why the risk involved in it is higher in proportion and also many times why do we advise ourselves to only invest in altcoin just as a gamble because you never know which one will pick in price and which time it will do that,  this is because we may get carried away to believe that a pump in price means steady profiting,  and instead taking off the profits you allow greed to make you push ahead and to the point that it become a total lose for us and that is one thing that have given the altcoin investment a bad image.

Well to be a smart investor one needs to pull out at the time when the party is most interesting so as not to be carried unaware by a pump and dump team.

pump and dump teams are just in the newly launched projects and may only happen nowadays on shady exchanges. the bounty hunters though at very profitable in the bull run with the tokens they can forget after selling. when the price hits their target price, they can sell already.

when you have been in crypto for more than 4 years and have been from a bull market to a bear, you'll definitely become smarter in the next bull run. there is no way you will wait for the bear market and the price of your altcoins to sink again before selling. right at its peak the smart investor may already have sold them all.

    █▄       ▄                                            ████     ▐███▌                                                 
    ▐████▄ ▄██                                           █████     ████▌
    ▐█████████▌                                          █████     ████
▄▄▄▄▄███████  ▄▄▄▄▄▄▄▄                                   █████    █████                                 █████
  ▀█████▀▀  ▄██████████▄                   ████     ▄██████████████████████                             █████
    ▀▀  ▄▄██████████████                  █████     ██████████████████████                             ▄█████
    ▄██████▀██▀█████████     ▄██████   ▄██████████      ████     █████          ▄████████    ▄██████▄  █████  █████
    █████▀▀ ▀▀ ▀██████    ▄███████████ ███████████     ▐████     █████       ▄███████████  ██████████  ██████████████
    ███████ █ ██████    ▄█████▀ ▐█████  ▐█████         █████     █████      ▄██████▀ ████ █████▀  ▀██  ██████████████
    █████▄  ▄ ▄▄██████▌ ██████████████  ██████    ██████████████████████▄ ▄█████    █████ ████████     █████    █████
   ▐██████ ██ █████████ ████████████    █████▌    ▀██████████████████████ █████    ██████  ██████████ ▄████▀   ▄█████
   ████████████████████ ██████          █████          ████     █████     █████▄  ███████      ██████ █████    ██████
   ██████████████████   █████████████  ████████      ▄████    ▐████▌     ██████████████  ███████████ █████    █████
   ████████████████▀      ██████████     ███████▀     ████▀     ████▌     ████████▌ ███  ▀████████   █████    █████
|
  Bet on Future Blocks & Earn a Passive Income
         Supports Bitcoin, Ethereum, EOS and more!   
   🎰 Play Lottery
🎲 Play Dice
🍀Get Referral Bonus
    ▄████████▄
  █████▀█▀██████
 ████▄  ▄  ▀█████
██████▌ ▀▀▀ ▄████▌
██████▌ ███  ████▌
 ████      ▄▄████
  █████▄█▄█████▀
    ▀▀██████▀▀
    ▄▄███████▄
  ▄█████████████
 █████████▀ ▀▀███▄
▐███▌   ▀    ▐████
▐████        █████
 █████▀    ▄█████▀
  ▀█████████████
    ▀▀███████▀
   ▄▄███████▄▄
 ▄█████████████▄
▄████████▀▀   ███
████▀▀  ▄█▀  ████
██▄▄ ▄█▀     ████
▀█████      █████
 ▀████▄███▄ ███▀
    ▀███████▀
synchronym
Full Member
***
Offline Offline

Activity: 532
Merit: 163


View Profile
December 25, 2023, 06:13:28 PM
 #95

op I agree with you because when we invest in something maybe if we get some profit we want the price to go up some more then maybe we keep that thing then later we see the value of that thing goes down a lot then we are forced to sell at some price  have to pay  So we should leave the tokens without any extra hope if we get a small profit.
Nheer
Hero Member
*****
Online Online

Activity: 658
Merit: 545



View Profile WWW
December 25, 2023, 07:03:08 PM
 #96

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.
It all depends on the investor, before investing one needs to have a well drafted plan of what to do in any situation  that comes his/her way because we are all aware of the market behavior of cryptocurrency and the volatile nature of it. Altcoins can be profitable but despite that only the smart ones can make profit from them because it is not about investing but how you manage your gains. We should always always have a plan of taking out profits or taking our capital after amassing a certain percentage of profits.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
It depends on every individual, we all have our differences and separate views but as for me I won’t wait till 5x before taking profits.

What does everyone else do when it comes to altcoins?
Altscoins are not so reliable even though they can be profitable that’s why it is important to carry out proper research on any alts we plan to invest in because in a short period they can lose so much value. I don’t believe so much in alts but i have eyes for few alts and I intend to take profits at certain intervals during the bull market.

 
█▄
R


▀▀██████▄▄
████████████████
▀█████▀▀▀█████
████████▌███▐████
▄█████▄▄▄█████
████████████████
▄▄██████▀▀
LLBIT▀█ 
  TH#1 SOLANA CASINO  
████████████▄
▀▀██████▀▀███
██▄▄▀▀▄▄████
████████████
██████████
███▀████████
▄▄█████████
████████████
████████████
████████████
████████████
█████████████
████████████▀
████████████▄
▀▀▀▀▀▀▀██████
████████████
███████████
██▄█████████
████▄███████
████████████
█░▀▀████████
▀▀██████████
█████▄█████
████▀▄▀████
▄▄▄▄▄▄▄██████
████████████▀
........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
 .
   PLAY NOW    
sulendra12
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 526


Reward: 10M Shen (Approx. 5000 BNB) Bounty


View Profile
December 25, 2023, 09:02:10 PM
 #97

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?
It just depends on what coins you are trying to invest. For top altcoins most of the time 5X is just takes years unless there is something going on, most likely you will lose if you are expecting something high. Most of the time unless you have read the news, the big pump comes from nowhere so you wouldn't expect it.

Just set the threshold like 30% - 50% for me personally and then you can check for other coins or wait until the price comes down again and once again it depends on people skill and knowledge regarding this thing.

Humblevirus
Full Member
***
Offline Offline

Activity: 239
Merit: 200


View Profile
December 25, 2023, 11:53:27 PM
Merited by Huppercase (2)
 #98

Before I invest in any project, I always have a plans on when I will like to take my profit, and I always do some research before I invest in any project, whether it is a new project or an old project that I know much about.that where I will know the risk I can take with I project.

I have invested in many projects and some of they are done 5x for me and still I have not take out my profits because I take less risk with those projects like just invest a very small amount of money that I will hardly think about when I lose it, I still never take out my investments profits because it possible that those projects to letter do even 100x and if possible they done 100x above I will seriously make huge profits from the small amount I invested in those projects. but for any old projects that I know they have good reputation I  do invest some good amount but it is what I can afford to lose and when I see them do 3x or 4x I always take out my investment profits because I believe it will hardly do 100x and even it will do it it may take it a very long time. 
 
Eldestyoung
Jr. Member
*
Offline Offline

Activity: 55
Merit: 1


View Profile
December 26, 2023, 11:07:34 PM
 #99

All investors do not have the same mindset, they differ in philosophies and strategies that they use to invest.

Some came up with new and better ways to analyze their investments and take profits once is 20% of their investments, while some picked securities entirely by instinct and wait for their profit to hit the sky.

But for me one must not aim so high to the extent you put your capital to a greater risk, one must be disciplined enough to set a target and once the profit hit your target, you pull out irrespective of how good the market keeps going.
OrangeII
Hero Member
*****
Offline Offline

Activity: 2170
Merit: 503


Reward: 10M Shen (Approx. 5000 BNB) Bounty


View Profile
December 27, 2023, 07:18:01 AM
 #100

op I agree with you because when we invest in something maybe if we get some profit we want the price to go up some more then maybe we keep that thing then later we see the value of that thing goes down a lot then we are forced to sell at some price  have to pay  So we should leave the tokens without any extra hope if we get a small profit.
Well, it will be a wise decision, when you take the profits you have, or at least take your main capital when you are making big profits. However, many people are greedy when they are in an advantageous position. it's like they hoped the price would go higher, and didn't take the decision to sell some of their investments. Well, it's not wrong, but the risk is very high.
Personally, I often sell when I make a profit, either I sell and take the profit before reinvesting, or I sell to take out my capital, and use the profit to try to take a bigger profit.

Pages: « 1 2 3 4 [5] 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!