Should I hold or sell a coin?
Consider:
1) How are market conditions?
- If coins are selling off fast & majors are nuking -> no one wants to hold, why should you?
2) Is this a long-term play or a short-term one?
- Is this a $wolf type play, or a random cat meme?
3) Are you happy with your profits?
- If it's good enough to take a screenshot, sell
4) Risk management
- Always risk an amount that you're comfortable losing. You should not be stressed whenever you enter a trade as this will cause you to act emotionally
Consider:
1) How are market conditions?
- If coins are selling off fast & majors are nuking -> no one wants to hold, why should you?
2) Is this a long-term play or a short-term one?
- Is this a $wolf type play, or a random cat meme?
3) Are you happy with your profits?
- If it's good enough to take a screenshot, sell
4) Risk management
- Always risk an amount that you're comfortable losing. You should not be stressed whenever you enter a trade as this will cause you to act emotionally
10 months ago