Post
Topic
Board Altcoin Discussion
Re: Bull Run and Bear Market
by
StreakW
on 12/09/2022, 08:53:17 UTC
whats my seniors advise for me, can i sell my tokens or wait. because already am in loss.
Do you mean tokens from bounty projects or altcoins that are in the top 30 market caps? If you have an altcoin that is in the top 30 market caps, it's better for you to hold it now and don't sell it just yet because market conditions are still weak. But if the token you have is a token from the bounty project, you can sell it if the token has no potential to increase in price.
What is clear is that we need to do research before deciding to sell or keep holding,
indeed if the coin is a potential coin of course what we need to do is keep it on hold because as you said that the current market conditions are not the right time to sell it,
it takes patience and it's not an easy thing
Right. I agree with you that a good understanding and detailed research is required before making a decision to sell or hold. In addition, we must also be able to manage emotions so as not to panic easily when we see the market experiencing a major correction so that we can avoid potential losses.