Post
Topic
Board Altcoin Discussion
Re: Which coins to sell?
by
justdimin
on 12/03/2022, 21:24:25 UTC
If I choose a calculation that I think seems simple and may not be accurate, I try to see the price movement.

Position Coint Early Year Price Price Now  UP / DOWN Percentage
9.ADA $1.34 $0.8 DOWN -40%
7.LUNA $88 $97 UP +9%
8.SOL $173 $81 DOWN -53%
10.AVAX $106 $75 DOWN -29%
11.DOT $27 $17 DOWN -37%
17.MATIC $2.61 $1.44 DOWN -44%

In my opinion, the ones that should be eliminated are, SOL and MATIC which have the highest % value that has decreased so far, seen from the beginning of the year.
I believe that this could also be seen as "the biggest droppers could be the biggest recovery hence biggest profit" as well. Doesn't mean that it would be like that, it just means that there is a chance of something like that. Hopefully people would realize that the movements for the time being of the past movements are not the indicators for the future at all.

I believe that SOL and MATIC are definitely not the ones I would hold, I agree with that, but for totally different reason. SOL because we have seen them actually end up with terrible blockchain related decisions like stopping it, and MATIC Because the moment ETH has low gas fee, people won't need it.