Need advise on crypto investment
Need advise on crypto investment
Hi, so I did crypto investment in 2020 and made good profit and since the downfall began in 2021, I didn’t do. Whatever’s coins I purchased remained as it is. I didn’t now withdraw it or sold them. Now, I feel like in this market I want to make profit. So I wanted to know is it wise enough to sell those existing investment only and trade using them or I should consider putting new money for new trading ?
You shouldn’t get your investing advice off reddit.
Look at your positions, if you still think the theory if valid DCA. If your postulation is no longer valid consider taking the loss and move them elsewhere. There are no right and wrong answers, everything is speculation.
Again, not investing advice. If you like gambling look into social/community coins. If you like value storage BTC. If you like the blockchain tech Algorand, Hedera, AVAX, Etc. Not in any particular order.