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Author Topic: People are selling now, what are you keeping for later and which are you selling  (Read 334 times)
doomloop
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March 10, 2024, 06:29:32 PM
 #61

Just with the coins I am holding, I am not yet satisfied with the profit generated and I also think these coins should be held for a long time. When I say long time I mean even after halving, I am still holding these coins. So right now there is no coin that I will be selling as of today only.  

But I am interested in short term trading and I might also try to learn that to take advantage of many of the price changes that happen these days.
What are those coins you are holding anyway? Maybe they are not that good enough because I think a lot of good coins are now rising greatly and this may continue right after the halving so it's advised to continue hodling them for for a while.

There is still lots of unmined supply left in BTC so there will be more halvings to come. Are you sure you are going to HODL that long? Hehe. You are interested in short-term trading, so when did you plan on starting it? But it would be better to start it as soon as possible because your passion for it may dissolve later on, once your mind is occupied by any other things, especially if they really good.

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March 10, 2024, 06:57:16 PM
 #62

Bitcoin and Ethereum for sure will be held in my wallet. I also sold a few of my altcoins which had a good rate of increase lately such as with few amount of meme tokens, slp, and the others. Was really happy that the market prices of those altcoins managed to have a good price recovery for a short period of time however, as we all know, nothing is too unrealistic to be having a consistent uprise movement, with large rate of increase, for a long period of time. There will always be a tendency for a sudden market crash especially for those tokens which are too volatile. Only major tokens are ones which can resist and slow down the decrease a bit, which makes them a safer coin to hold in my opinion.
A tip of advice via experience is that AltCoins ain't good to hold for long and may reach a total lost peak of you tends to hold til you reaches its ATH. So I chooses to sell once I'm comfortable with he profit it may offer in the main time. This not like the bitcoin that you can hold longer and so also the more profits it offers.
Indeed, what's important is to be aware of your risk appetite and to be realistic of things by means of learning from the past and what the chart says, basically. It is okay to desire big profit from your investment but never be too greedy to embrace that much of risk you are not even ready to take the consequences with. Manipulation of the big investors will be always a threat for you to watch out if you are after long term holding with altcoins. Enough warning for you to not be too confident just because a bullish pattern is observable.

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