Post
Topic
Board Altcoin Discussion
Re: why people panic and selling alts ,they might dont what will happen in next mont
by
Taskford
on 31/12/2024, 23:48:43 UTC
All you need to know about where your coins/tokens are heading and when they have started heading there lies in your analysis and your head (instinct). We should rely on them rather than on social media which can cause confusion and mistakes as we even read conflicting stories by different authors and influencers.

As for the FUD in the market and your possible plan, I support you a little, but we should not emphatically preach what the market Will do but what the market Might do. Above all, let our charts guide us.

There are many considerations in that direction in predicting coins/tokens, because it is difficult for us to predict the market accurately even though social media provides an overview of the direction it is headed in the future, but crypto assets have a different side to always run, by looking at the market momentum that is happening at this time, of course, seeing the investors behind it can also determine the direction we are heading.

Sentiments of people may give a hint on possible direction on where those alts possible heading. And its hard to trust anything of it especially those shitcoins since there's chances that we will be left drained especially if we believe to much on their tokens and decide to hodl it. That's why usually what I do with alts is to sell it immediately once there's a opportunity came and I already gaining some good profits for what I but.

I only hodl Bitcoin because this is the only coin that give us good insights that what may possibly came in future. Also adaption is doing good now so people could expect that there are more better things to come with this coin. So if I where the other people still believing on those shitcoins they better dump it and buy bitcoin.