Post
Topic
Board Altcoin Discussion
Re: How do you know when to sell?
by
daxetoken
on 17/03/2022, 15:01:52 UTC

A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.

It is very hard to predict the future price of cryptocurrency. That is why it is nearly impossible to find the best time for sell atcoins.
Now cryptocurrency market falls and and it is not the best time to sell tokens and altcoins.
But all altcoins are different and not all altcoins will be able to survive during the fall of the market. That is why it is impossible to give one common advice.

The price of cryptocurrency depend too much from the cryptocurrency market, but the price of cryptocurrency also depends on the how useful is the project and its coin and how loyal is the community of the project. So the price of cryptocurrency depends on demand in it.
Now many people understand that it is necessary to protect a nature and the demand in nature protection will only increase.