Post
Topic
Board Altcoin Discussion
Re: Hoddle or day trading
by
Hypnosis00
on 04/02/2022, 21:17:54 UTC
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.

Do both holding and trading. Hold those coins with potential to grow in the future and while waiting, try also to trade if you have knowledge about it. More investment, more profit to earn. About your coins from ico, if it is not worth to sell now then keep holding and wait for the market to recover.
I guess we have to forget about the ICO project as they are somewhat almost dying and we can't expect them for a profit but just losses on our side. I think, selling off is the best deal than it will stuck in your wallet.

Well, traders are also holders sometimes(that very often to me). But of course, just it happens during the crisis and certainly, we have to do that even we don't like it. I don't love the cut-loss strategy that is why I just hold and besides, holding will just then give you the chance to gain more. But of course, it never makes sense if we hold shitcoins.