Quote from: Beparanf on October 18, 2021, 03:58:00 PM

Quote from: BayAngelo on October 17, 2021, 07:39:23 AM

I am a little bit confused about what to do what a token that I am currently holding. the token has been pumping since Octuber the first. i sold half of it in September. currently the token has done over 500% since the beginning of Octuber. i am wanted to buy more but I know it is not advisable to buy when the marketing is pumping. I know. What is your suggestion on this project. i know the price will go down. the more I wait the more the price raises. The token isGOMA.

Following this tread to see what you guys will say.

You are currently on profit, This is not dilemma that you need to worry about. Sell it in tranches and just retain a percentage of token that you are willing to risk/lose. Don't buy back on the token that pump so hard unless it already finished the correction phase. Actually you are doing good since you are still holding half of your tokens. Don't FOMO if you are having a profit, It's much painful holding a token because you are losing its value rather than taking profit while the coin still pump. Profit is a profit and no one can predict the exact price when it will reverse the market.

It is obviously a better problem to have than to be losing money because the coin in which you invested is dumping but it is still a problem, after all if he sells to soon he may lose a lot of potential profits that may come up after selling and obviously no one wants that to happen to them, as I suggested before I think the best path for the OP is to just sell part of his coins, this way he keeps most of the profits he already got while still having the potential of huge profits in the future.