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Author Topic: How to grow my wallet?  (Read 1442 times)
Emitdama
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April 30, 2022, 10:31:41 AM
 #121

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 still depends on you, what was your reason for deciding to hold that token for a long time? I believe that the reason why you have decided to hold that particular token for years is because you believe that the value would go up in the future and you will make good profit, and you were not just planning to hold that token all that long for nothing right?

Another thing to consider would be whatever you had as a target, if the token’s new ATH price is more than what you had as a target, then it wouldn’t be bad to sell and cash in that your profit and maybe wait for it to go down and you can invest back again.
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April 30, 2022, 12:09:06 PM
 #122

In this case, I think it is best to sell.Because after waiting for a long time, if you get enough profit from something, if after waiting for a long time, if you get enough profit from something, then it must be sold.I have seen a lot of seat coins after a long time the price goes up a lot and after staying for a while it goes back to the previous position.
Which is a good reason why he should sell the coins rather than continue waiting. I have seen coins that would go up in value and after some time they would crash and never go back up again even after years, and this would make you regret not taking the right action at the time when you’re meant to take that action.

So, the best at this time is to sell the coin and make your profit, and after you have sold you can then wait for when the price would go down again and you can invest back and continue with your hold, you never know if you’re getting that opportunity to sell just this once.

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April 30, 2022, 12:42:13 PM
 #123

It is not easy to find your own winning strategy i would do so long term hold yes but with a goal for example to sell when the token doubles its value compared to what you bought it

Will you be able to sell when the token doubles its value within a very short time since your plan is to sell on long term? I bet you will still leave it, expecting it will increase more. This is the problem alot of people have. Early sell off and then they will begin to feel bad why they sold. Crypto is a business that involves high risk and luck. Sometimes you take the risk but luck fails you and you are bad to square one. Every investor needs to have luck to survive this market.
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April 30, 2022, 12:57:35 PM
 #124

The best strategy is to invest little amount every month and slowly grow your portfolio. Also setting exit strategy in advance so you know when to sell. With this strategy in a period of 5-10years you will get a minimum of x10 of your start investment.
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April 30, 2022, 01:17:16 PM
 #125

It's best to sell it as soon as possible because shitcoins aren't good for long-term holding and also because prices can fall and become useless. Always follow this tip: buy low, sell high. Some bitcoiners use this strategy, so I believe it would be helpful to you if you wanted to "grow your wallet," I'm not sure if the wallet can grow, but I believe you want to grow your money specifically. Buying and selling bitcoin takes time and patience, and the outcome can be good or bad  If the prices rise, you can make a good profit.
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April 30, 2022, 01:39:05 PM
 #126

Hold ~ Buy, Sell, Buy, Repeat.
Now the question is only left with when you buy and when you sell and when you re-buy! This is most basic formula to remember while holding your assets. This applies to bitcoin as well as altcoins.

There is no hard science behind this. This formula will keep you going for very long terms. Each time you re-buy you have more altcoins/bitcoins and the value will ultimately keep settling to new average.
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April 30, 2022, 05:38:07 PM
 #127


A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this https://twitter.com/Mushe_World/status/1516008791699034122

DeFi sector is actively developing offering people more useful tools and products.
The ability to earn money attract people to DeFi.

Thanks DeFi financial services are available to all people in the world. Now many people use DeFi for financial and bank services and to earn money.
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May 01, 2022, 06:09:27 AM
 #128

I totally understand the desire to grow your wallet. Sometimes with investments it can feel like a lower balance is evidence you’re not meeting your goals, especially at the beginning. My advice is to try not to focus on the balance and redirect all your focus on how you can acquire more BTC.
Store your coins for the long haul and try not to look at your wallet too often. If you keep building and putting away Bitcoin it will grow exponentially in the coming year as inflation takes off.

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May 01, 2022, 06:16:34 AM
 #129

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?
depending on your needs and strategy. if you get big profit from it, i suggest selling more than 50%. because, every time ATH occurs, there will be a correction, and you have made a big profit. Besides, if the price keeps going up, you still have 50% or less of it to resell. whereas when the price drops, you have already benefited from the sale of 50%, and can buy back, or enjoy the results. personally, I would do just that. it's the reward you get from holding coins for a long time.

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May 01, 2022, 06:52:26 AM
 #130

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 your target has reached that point or surpassed it there is no other goal than to sell it. Usually a lot of people are stuck here, when they reach their target they hold it in until they don't know their direction. What they have in mind is that it will continue to rise indefinitely. All of that will end in vain if it happens, don't be too greedy to get a profit, if you have enough to get it then selling it is a good choice.

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May 01, 2022, 08:18:10 AM
 #131

Hold ~ Buy, Sell, Buy, Repeat.
Now the question is only left with when you buy and when you sell and when you re-buy! This is most basic formula to remember while holding your assets. This applies to bitcoin as well as altcoins.

There is no hard science behind this. This formula will keep you going for very long terms. Each time you re-buy you have more altcoins/bitcoins and the value will ultimately keep settling to new average.
Maybe it's one good strategy to grow the wallet. Buy at a low price, then hold it until the price increases, then sell at a high price.
The simplest thing that can be done is patience, patient people will do something based on their thoughts. While greedy people do it with lust, When lust has mastered, destruction will occur, and it can happen in cryptocurrency trading.

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May 01, 2022, 06:32:58 PM
 #132


A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this https://twitter.com/Mushe_World/status/1516008791699034122

DeFi sector is actively developing offering people more useful tools and products.
The ability to earn money attract people to DeFi.

Now many people earn money in DeFi for providing liquidity and blocking their tokens in the wallets.
A good kind of passive income.
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May 02, 2022, 02:39:39 PM
 #133


A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this https://twitter.com/Mushe_World/status/1516008791699034122

Now many people earn money in DeFi for providing liquidity and blocking their tokens in the wallets.
A good kind of passive income.

DeFi projects continue to developing offering new tools and products for the people.
More and more people use DeFi and the demand in DeFi tools continue to grow.
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May 03, 2022, 09:14:48 PM
 #134


A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this https://twitter.com/Mushe_World/status/1516008791699034122

DeFi projects continue to developing offering new tools and products for the people.
More and more people use DeFi and the demand in DeFi tools continue to grow.

Now demand in DeFi continue to grow because many people earn money on different DeFi products and tools,
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May 04, 2022, 06:33:40 PM
 #135


A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this https://twitter.com/Mushe_World/status/1516008791699034122

Now demand in DeFi continue to grow because many people earn money on different DeFi products and tools,

Now there is a big choice of different DeFi projects. But a lot depends how useful is the platform and what opportunities it offer.
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May 04, 2022, 10:04:55 PM
 #136

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May 05, 2022, 03:49:37 AM
 #137

I totally understand the desire to grow your wallet. Sometimes with investments it can feel like a lower balance is evidence you’re not meeting your goals, especially at the beginning. My advice is to try not to focus on the balance and redirect all your focus on how you can acquire more BTC.
Store your coins for the long haul and try not to look at your wallet too often. If you keep building and putting away Bitcoin it will grow exponentially in the coming year as inflation takes off.
Growing Something is perfect, and other cryptos are coming in the space almost every week. The thing is that when you invest wisely, your portfolio will boom and another thing is know the kind of projects to invest in. Some projects may give you 5x of the capital you do invested. While some will give just 10x and 100x dollars. One best decision you should anticipate in the space is long-term investment. Bagged different kinds of coins with one wallet or exchange. Check your wallet after 3years of investments, there's absolutely nothing good in the space than good project and to grow your wallet financially.

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May 05, 2022, 03:31:59 PM
 #138


A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this https://twitter.com/Mushe_World/status/1516008791699034122

Now there is a big choice of different DeFi projects. But a lot depends how useful is the platform and what opportunities it offer.

DeFi projects offer a lot of financial tools and products that are available for all the people all over world.
That is why the demand in DeFi continue to grow and DeFi market actively developing.
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May 06, 2022, 07:45:25 PM
 #139


A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this https://twitter.com/Mushe_World/status/1516008791699034122

Now DeFi products actively developing offering people more useful tools and products.
It allows to make cryptocurrency more profitable.

A lot depends on the how useful tools offer DeFi. Now the competition among DeFi projects is so big that people prefer to use DeFi with most useful and profitable tools.
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May 07, 2022, 09:24:27 PM
 #140


A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this https://twitter.com/Mushe_World/status/1516008791699034122

DeFi projects offer a lot of financial tools and products that are available for all the people all over world.
That is why the demand in DeFi continue to grow and DeFi market actively developing.

DeFi actively developing offering new tools and products.
Because of big competition among DeFi only the best and most useful projects will be able to survive.
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