It looks like Ethereum is on a non-stop road towards success as people keep pouring money into it like crazy. With several upcoming upgrades on the Ethereum blockchain, things will only get better for the native "Ether" cryptocurrency. Day by day, I'm tempted to sell all of my ETH holdings for profit. But some are saying that ETH will be worth $5k or even $10k in the future. This makes me wonder whenever now it's a good time to sell or continue "hodling" until ETH reaches the aforementioned price range.
If you were in my position, what would you do? Would you sell all of your ETH during the current bullish market? Or will you "hodl" and wait until it goes to $5k - $10k? Do you think ETH's current prices are sustainable? If not, why? Any suggestions, or recommendations will be greatly appreciated. Thanks.
Most of the time, the price movement of ETH goes with BTC but it has been clear that lately it wasn't able to follow its footsteps. It would be much adviceable to hodl right now since Ethereum has the potential of growing more this time unlike before. Just like any other investment in crypto, at some point it is much better to hold so that it would keep on growing but be aware of the price movement before doing so. At some point, you need to sell to avoid losing more of your investment but for ETH's situation right now where the value is increasing, it is much better to hold.If you were in my position, what would you do? Would you sell all of your ETH during the current bullish market? Or will you "hodl" and wait until it goes to $5k - $10k? Do you think ETH's current prices are sustainable? If not, why? Any suggestions, or recommendations will be greatly appreciated. Thanks.