Should i sell?
Should i sell?
Hey everyone, this is my first post here, so go easy on me!
A little background: I’ve been dabbling in crypto for a couple of years. I made my first investment in 2021, not much—just a couple hundred dollars—lost half of it, and decided to cash out. Fast forward to today, and I’m back in the game. For the last 4 months, I’ve been saving and putting aside about $500 each month, and I’ve invested in a mix of coins. Right now, I’m holding SUI, HBAR, and ADA.
I’ve spent a lot of time researching my investments, and I’ve also gotten more comfortable with using technical indicators and tools to make sure I’m buying at decent prices. So far, I’m up around 40% on my portfolio, which feels great. But with all the current hype, I’m unsure whether to sell some of my holdings or just HODL, especially since the market could keep going up over the next few weeks.
Would love to hear your thoughts on this—what would you do in my situation?
Continue to hold. Up 40% is chum change in the crytpo market.
Wait till you are up 150-200% before considering cashing out. This can go much higher.
There’s several indicators that we are not at the top of the market. If we were futures would be at a premium, GPUs with be in shortage, Bitcoin would be at an all time high in Google trends.