I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.
Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?
How do you guys do this ?
I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.
You should take profits and then reinvest with the initial capital, because in the future the coin may not strengthen, so the potential loss is not too large, but if you like long-term investments, you might start the investment again, but it is better to convert it with another coin more potential, so you have a chance if one does not strengthen.
Everyone I know, they invest more than one coin?