I have been attending bounty's and airdrops since beginning of this year, I have some coins from bounty and airdrops. I can not chose the right strategy up to now. I keep all the coins up to now. But now its getting very hard to deal with them. Maybe I need to sell low quality coins and buy some strong coins? Please share your strategy to help me some.
DisclaimerI am not a financial advisor or legal professional. I am only staying my personal opinion, based upon my views and experiences. Please seek a local professional for any financial or legal advice.It is safer to just hold on to your portfolio of coins right now. I am not sure where in the world you live, but it would be better to wait for clearer guidance from the regulatory authorities within your country/state jurisdiction. The market seems like it is downtrending because of the all the news within the U.S and other countries regarding regulations upon cryptocurrency this year.
It has been tough for crypto this year, it's no secret. One must remember though, it's a brand new market that is highly unregulated and is a real disruptor for the financial sector. Governments are scrambling to bring order into this chaotic sector. We're dealing with real inovation here. Blockchain is a real game changing technology, look at how much impact it has had so far.
Whether you choose to sell or hold, is entirely up to you friend. You should follow your own path. Just remember to practice your "due diligence" when dealing with any investment. Always weigh your options first before panic selling, or buying.