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?
it depends on how your target is to make a profit. If you currently hold enough tokens for your profit target, selling it is the best decision. But, if you just hold the coin without any future targets, it will just be in vain, because any coin has a life in its development, very few coins can make it big in the future, because the market also always has changing seasons. So, first determine how you are targeting your profit, to decide whether to stay or sell it.In addition to depending on the target, it also depends on which coin is holding. If you are holding altcoins or shitcoins then you should sell them when they hit ATH, as you said every altcoin has its life cycle, not all will survive and evolve over time. But if the coin you are holding is bitcoin then I think you can sell them when the price hits ATH or you can also keep holding for a long time, bitcoin is the only coin that will increase in price and last with time.
