Assuming I've made up my mind to hold on to a token for many years but after a year this token hit a new ATH what should I do as a newbie? Sell or not sell?
I still believe that alt season is about to come soon. When that time comes, just like in the previous bull cycle, most alts will do well in the market. I would suggest holding top-ranked cryptos as they have more potential and are more stable to weather the market. Create a portfolio in your wallet for those cryptos and sell those with lesser potential. In time your portfolio will grow in value.
A lot of depend how useful is the project and what it offers. How appear projects that give more simple and comfortable access to cryptocurrences and makes DeFi more profitable like this