How to grow my wallet?

[Ever-young]

If you only have small amount of money to invest and hold for long the best advice I can give to you is rebase token's like sphere finance which is auto compounding it will be giving you 1.9% of your total holding every 24hrs.

[1714545098]

1714545098

[1714545098]

1714545098

[1714545098]

1714545098

[Fomo_Chronicles]

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 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.

There are a lot of DeFi tools but the question is how useful are such tools.
The competition between DeFi is so high that only the best projects will be able to survive.

[Garsipop]

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

There are a lot of DeFi tools but the question is how useful are such tools.
The competition between DeFi is so high that only the best projects will be able to survive.

DeFi offer people a lot of useful tools, which makes cryptocurrency more available for people, thanks this the adoption of cryptocurrency growth.

[Smack That Ace]

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 depends on how your target is to make a profit. If you currently hold enough tokens for your profit target, selling it is the best decision. But, if you just hold the coin without any future targets, it will just be in vain, because any coin has a life in its development, very few coins can make it big in the future, because the market also always has changing seasons. So, first determine how you are targeting your profit, to decide whether to stay or sell it.

In addition to depending on the target, it also depends on which coin is holding. If you are holding altcoins or shitcoins then you should sell them when they hit ATH, as you said every altcoin has its life cycle, not all will survive and evolve over time. But if the coin you are holding is bitcoin then I think you can sell them when the price hits ATH or you can also keep holding for a long time, bitcoin is the only coin that will increase in price and last with time.

[jorjeIII]

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 offer people a lot of useful tools, which makes cryptocurrency more available for people, thanks this the adoption of cryptocurrency growth.

The demand in the DeFi tools falls when cryptocurrency market falls.
The popularity of cryptoassets falls and the liquidity of DeFi platforms falls.

[GigaBit]

You've made a good question. The common mistake in the crypto space is falling down in greediness. There are many new investors who get good return after entering the crypto space but they can not control their emotion and hold it for getting more and finally get loss. So my advice is if you have made a good profit from any trade then you can sell it as early as possible and withdraw your investment money.

[Kingairdrop]

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 all depends on you. The question you should be asking is, how many years am i going hold this token? How many percentage in growth should i look out for and lastly what potential does this token has to grow further than it already has. With this you should be able to get a set target and as soon as the target is reached you do whatever you have chosen to do. I hope you find this helpful

[cdog]

In addition to depending on the target, it also depends on which coin is holding. If you are holding altcoins or shitcoins then you should sell them when they hit ATH, as you said every altcoin has its life cycle, not all will survive and evolve over time. But if the coin you are holding is bitcoin then I think you can sell them when the price hits ATH or you can also keep holding for a long time, bitcoin is the only coin that will increase in price and last with time.

Of course, we have to compare the coin that we hold has potential or not but if it's Bitcoin then you don't need to hesitate to hold it in the long term, but if it's a shitcoin then sell it immediately because this type of coin is temporarily increased when the main market is stable and if it's in bear market then slowly shitcoin will turn to dust.

[Liquid_Earth]

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

The demand in the DeFi tools falls when cryptocurrency market falls.
The popularity of cryptoassets falls and the liquidity of DeFi platforms falls.

It is very important to survive during the fall of the market.
Not all the projects will be able to survive but only these that are really necessary for people and in demand.

[youngcoolzeero]

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?

here are a lot of doubts in this post, do you really have the asset, if there is, the decision is yours, because you own the asset, even if it is suggested it is better to sell it, do you agree, and of course you will think first , so what do you think, whether to hold your coin sales first, or not. which is certainly looking for profit from the coins you save, as much as possible.

[Lunafox]

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

The demand in the DeFi tools falls when cryptocurrency market falls.
The popularity of cryptoassets falls and the liquidity of DeFi platforms falls.

Cryptocurrency market now falls because of difficult economic situation in the world.
The inflation in many countries is big too but stock market falls too.

[Razanm90]

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?

That depends on the situation. I would advise you to take a look at various interesting NFT projects for investment. I am sure that the NFT Gaming industry will be successful soon. For example, I have currently involved in one interesting NFT project "reptile chronicles". I am sure that the game will be successful upon release because I see that the developers making a really good p2e game.

[Kasabus]

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 you think that coin will no longer increase its price anymore, then take time to sell. And buy bitcoin. That way, you will never regret selling it as you now have bitcoin that will definitely bring good profits if you can hold it for long term. If growing your portfolio is what you mean, then start to buy another potential coins to fill in your portfolio once you have made significant profits from investing in bitcoin. Or once you have extra funds, invest in established altcoins.

[SistaFista]

If you only have small amount of money to invest and hold for long the best advice I can give to you is rebase token's like sphere finance which is auto compounding it will be giving you 1.9% of your total holding every 24hrs.

It is ok to invest small amount of money first in crypto, i consider it as a 'learning fee' for gaining experience in investing cryptocurrency.
About rebase token though, i think the risk is high and the profit is high too of course.
But we should monitor the price of rebase token because it is very volatile due the changing supply.

[Poker_Faces]

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

Cryptocurrency market now falls because of difficult economic situation in the world.
The inflation in many countries is big too but stock market falls too.

Nobody knows how long will be fall of the market.
Many people think that crypto winter started and fall will last for a long time.

[SafeSpaceCrypto]

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

Nobody knows how long will be fall of the market.
Many people think that crypto winter started and fall will last for a long time.

During the fall of the market people lose a lot of money and they lose the trust of investing.
After that they can stop investing at all.

[TheGreatPython]

If you think that coin will no longer increase its price anymore, then take time to sell. And buy bitcoin. That way, you will never regret selling it as you now have bitcoin that will definitely bring good profits if you can hold it for long term. If growing your portfolio is what you mean, then start to buy another potential coins to fill in your portfolio once you have made significant profits from investing in bitcoin. Or once you have extra funds, invest in established altcoins.

I don’t even believe any sane person would think that coins will no longer increase price but truth be told, why invest in coins that may turn out to be a waste of money when we have the Bitcoin readily available to be bought or mined (though mining is not really a thing now). There’s more value and joy in being a proud owner or holder of Bitcoin, which in everyway is a coin that even more profitable, I which you the best in the buying of the catalogue.

[SDKmaster]

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

During the fall of the market people lose a lot of money and they lose the trust of investing.
After that they can stop investing at all.

Many people lose their jobs because of economic crysis and many sunctions.
That is why they stop investing not to lose money.

[Webetcoins]

Well, last I checked, a digital wallet, also known as an e-wallet, is an electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services. So, for the growing aspect of it, it’s not possible because you only store funds in there, if you want to grow it, you have to buy coins that have the potential of pumping, buy and hold, earn interest of your choice.

So in short, wallet is used to store funds and cannot be grown the way you think, unless the coins or investments are paying off, the return profits will be personally.

[Marvell1]

You've made a good question. The common mistake in the crypto space is falling down in greediness. There are many new investors who get good return after entering the crypto space but they can not control their emotion and hold it for getting more and finally get loss. So my advice is if you have made a good profit from any trade then you can sell it as early as possible and withdraw your investment money.

This is a common mistake with newbies they cannot control their greed leading to losses, we should not be too greedy and set goals that are too far away to be achieved. Crypto is volatile, so if you have made a substantial profit or have reached your goal then it is best to cash out.  We can reinvest or continue to invest in other projects later but don't be too hasty, do your research before investing.