How to grow my wallet?

[WellRozey]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

[1714787291]

1714787291

[1714787291]

1714787291

[1714787291]

1714787291

[1714787291]

1714787291

[Despairo]

There's no such wallet growth, wallet is a wallet where you hold your coins without third party involved, what you mean is "portfolio growth".

As you mention it's token aka shitcoins, if the price hit new ATH, better to sell it as fast as you can since shitcoins isn't good for long term holding. Most of shitcoins cases in my experience after hit new ATH, the prices continues drop and become worthless. Even Bitcoin made new ATH, that's shitcoins only increase a bit and almost impossible the price will back like the previous ATH.

[bitbollo]

This is not an easy question to answer. It's not easy at all choose the right altcoin and sell in the right time...
First of all, you have to take in count that most of coins (65,4%) suggested during ICO MANI realized a negative result in 3 years of activity or a 0 result.

I have described in this blog post with some data here.
https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq

If you have a coin that reach an ATH you have to evaluate WHY this happens.
Likewise, there is a new "altcoin season"? any new development? or it's just speculation?
If you are not able to identify the reason for that pump/ATH probably it's better to sell.

However I think that is very rare that a coin after years will realize another ATH without a tangible reason.
Pump and dump scheme are orchestrated most of the times only with coins with not much trading history. 

[noorman0]

Since beginners often neglect the security of their own assets, first make sure you still have access to your funds, wallet private key backups, seed phrases, account login information (if you save them to a centralized service) . Then, you can do whatever you think is the ATH price.

After all, the actual ATH price is unpredictable even though the price has crossed previous ATH. Maybe you have little chance of selling it at that price.

[TheUltraElite]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

Assuming you held it for a year you are no longer a newbie is the first place.

Either way, if it is an altcoin, I would sell and book the profit to buy bitcoin. But assuming you are an altcoin collector since you talk about "growing your wallet", you would likely pay no heed to my words and keep holding it. In which case you will soon confirm your own folly that the coin will go down in future and you would have lost an opportunity to profit.

Seriously speaking, you can grow your profits but it takes time and patience. You cant make money out of thin air but you can buy bitcoin and hold it for long term to sell.

[DapanasFruit]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

Well, that is all up to you, mate. You can sell or cash it out and enjoy your profit...maybe use that either to invest in other coins or a good business which got more chances of spewing out more profits so you gain financial independence. In my own experience, holding can be good or bad depending on the outcome especially during the time you need the money most. Good luck and more power.

[JeffBrad12]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

Sell, the pump will not be last forever and you can try to sold at least 50% from your investment to prevent when the pvrice of token goes dumped again. At least you will not regret it. As a newbie and you must know that the cycle of pump and dump. The dump will always occur after the pumpers will have done to pump the tokens.

You must try to sell some and let's see what will be happening with it whether you will be able to doubled your money or not

[aioc]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

If the project is a work in progress and still doing good and is not a pump and dump you can continue to HODL as long as you are comfortable holding it again for a new period of time, coins go up and down and the volatility of the market is not an assurance that the coin that reaches ATH will not go down, holding always challenge your belief on coins that you are holding so check your confidence and your belief, nothing is guaranteed in a highly volatile market.

[cryptomaniac_xxx]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

It's really up to you, if you are satisfied with the profits that you have made then it is ok for you to sell. But if you are not and targeting a better returns then hold.

However, there is a caveat, you don't know if the price of the token will hit a new all time high again. It might, but it will take years so learn how to mitigate as well.

[sulendra12]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

It just depends on your situation, I would prefer to sell it for now and wait for the dip to buy it again. But again you should take a consideration about situation happening around you.
It's always fine to keep it until you need that money later and or just hold it until you have enough of the profit, if it has reached ATH it would probably the price be fall down later.

[fuguebtc]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

You decide to keep it for a year, so I think you have enough time to get started for newbies. Do all the relevant research on the project you are holding, after understanding the project I think you will decide when to sell it without having to consult others.

As a newbie, I recommend focusing on gaining knowledge, about how the market works and how to protect your wallet from evil attackers. Instead of blindly jumping into investments that will cost you everything.

[DevFile90]

There's no such wallet growth, wallet is a wallet where you hold your coins without third party involved, what you mean is "portfolio growth".

As you mention it's token aka shitcoins, if the price hit new ATH, better to sell it as fast as you can since shitcoins isn't good for long term holding. Most of shitcoins cases in my experience after hit new ATH, the prices continues drop and become worthless. Even Bitcoin made new ATH, that's shitcoins only increase a bit and almost impossible the price will back like the previous ATH.

So all tokens are shitcoins? Where is this coming from? Do you know how many scam projects runs on a separate blockchain and still scam investors? Been token or coin doesn't mean its a scam or not.

[Silberman]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

This is a question from which you should already have an answer, if your strategy does not tell you when you need to sell then by definition it is incomplete and as such you have no business becoming an investor, I know this may sound to be a little bit harsh but it is the truth, however one thing that is important to remember is that most tokens should not be held for years and years as their survival chances for such a long period of time are very low.

[XUR_TIP]

It makes sense to take profits because at one point the price will decline and if you like to continue holding the coin probably because you believe in the project then buy at the dip, this will increase the number of coins you own before.

[ijeb]

If you holding some top coins then you might want to sell if only you are in real need of money. Otherwise holding is the most profitable type of investment.
Keep it like that.

[lombok]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

Sell, the pump will not be last forever and you can try to sold at least 50% from your investment to prevent when the pvrice of token goes dumped again. At least you will not regret it. As a newbie and you must know that the cycle of pump and dump. The dump will always occur after the pumpers will have done to pump the tokens.

You must try to sell some and let's see what will be happening with it whether you will be able to doubled your money or not

Good advice. 50 percent is enough to return our initial capital if the price of the token held increases 100 percent. At least we have the opportunity to do a buyback with the proceeds from the sale or buy other potential coins to be used as holding coins. If this is done with discipline and patience, I am sure the portfolio in the wallet will grow.

[bocyaj]

Trading was very simple one,if you follow many new strategy.Choosing of good potential coin was the first move on this,because it was the lagging step for the new people.Some of the trusted coin are ADA,XRP,Matic,Avax and Wrx.In this coins,you can make a blind investment at the dump.Surely the price of this coins will increase and it’s enough to earn huge profit from it.

[pandanaran]

My advice is to release the token when it reaches ATH, especially if you hold it long enough, it's a loss if you don't withdraw profit when the token gets a very high price increase because every token is ATH then there will be a deep correction so that at that time we can buy it back and save it to get Next ATH if the token has a good product.

[zasad@]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

And what profit did you get? If you received, for example, 200%, then take your investments so as not to incur a loss, and with the rest, make your own decision. I would always keep a minimum of 10-20% for a possible to the moon x100-x1000. But taking your money from the project is not a mistake, many beginners do not have time to fix the profit, but at least you will not lose money.

[asriloni]

Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?

As a newbie and the first thing that you must know that if you must take profit from your investment. Will you let your profit to decrease again when the price of crypto will be dumped again? this is the worst thing that i have ever seen. You must also aware if you are getting huge profit means you must also take it out and then jump into the another token, The chart can turn to be parabolic anytime.
It can be pumped and dumped easily with the goes of time. You must think as an investor in this case. Being a diamond hand was good but what about when the price will be going down again? seeing your token lose more value again? it's not like that.