I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.
Take profits if your investment is up already don't wait around for Futher growth because they might not happen, buy tokens at presale price is like buying at more cheaper rate so once trading starts I don't expect you to hold such tokens for long term, find better altcoins for trading and my best pick is NEO because it's more stable and follows market trend easily
Sometimes we have to take profit if the coins we have have gone up in price, especially if we invest in coins that are not popular. We do have to move
quickly to sell it once the price goes up, because if we sell it too late, the price of these coins will fall very quickly and take a very long time to recover.
Especially new projects that have just been listed on exchanges, it is very risky if we hold it for too long. Actually it depends on the coins we choose too,
some are good for long-term holding and some are good for day trading. So do our own research and analysis to decide which coins we will buy,
as long as we are right in doing research and analysis we should not be wrong in making decisions.