Post
Topic
Board Altcoin Discussion
Re: Ethereum on the rise: Sell or HODL?
by
Argoo
on 27/05/2021, 05:44:10 UTC
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. Smiley
At that time, I also thought about this issue and did not dare to sell my ethereum in the first half of May, when the price of this coin rose to $ 4,000 and above. We hoped that the price would continue to rise for some time, but the fall, as always, was quick and sudden. Now we would be able to buy the same ethereum at half the price.
At the same time, I was personally restrained from selling this coin by the expectation of its price growth due to the introduction of the next stages of updating its network, which should take place in July and October. Well, I think that we will still get our profit a little later.