Topic: what should i do? or what would you do? (Read 149 times)
I personally would check on all of the road maps on every coin I am holding and then check to see when are they expecting to make huge announcements. So if you know an announcement of something big is coming soon, or a beta release, or something coming to the coin or project, do not sell that coin and rush, wait a little and hold. If there are some other fast and upcoming coins, then you can sell off a portion of the coins you made big profits to trade and invest in new low marketcap upcoming profit potential coins or tokens.
I would try to check on what it happening, how come my investments are not yet sky rocketing, i think hodling a coin for a long has its pros and cons, if you think the couns is going to be as powerful as bitcoin, hodl, however if therr is no news or update on the coin, once it reaches a certain price if you think you can let go of it or you had already break even, sodl, do not let your emotions ober a certain coin take over, always do research, if you have sodl your coin, you can always buy back anytime you want.
i think the number one key to consider is Patience!
you need to be able to step back sometimes and not buy or sell.
Another consideration is research, research and research,
knowing if you are going to sell tron what your next move is going to be so that that profit from tron can build more with a different coin.
it is a learning curve and I guess you have a good bit of experience if you are in it for a year so far.
you need to be able to step back sometimes and not buy or sell.
Another consideration is research, research and research,
knowing if you are going to sell tron what your next move is going to be so that that profit from tron can build more with a different coin.
it is a learning curve and I guess you have a good bit of experience if you are in it for a year so far.
thanks so much
If you are looking for an opinion on specific altcoins then you should post a thread in the altcoin section of the forum. As this is on the Bitcoin forum trading discussion board I'll stick to that part of your question. If you are trading rather than investing then whenever you enter a trade you should predetermine both a profit objective and a stop loss. That way you already know when you are going to sell and that takes the emotions of fear and greed out of the equation. One thing that may help you is to take partial profits by selling some of your position and then just holding the rest as a runner with a stop loss at entry price. That allows you to sit back in a risk-free trade with profit already banked and look at when to sell more objectively.
What should I do? ok last while I been trading and exchanging and taking my profits to buy more alt coins. as a long term investments and holds. but still want to get my numbers up in profites
at moment have many coins going on ,at this period many are all in the green and doing very well!! such as TRON
What should I do. ? as I mentioned as a long term but I don't want to loose these really good gains. I want to keep TRON in long term, but its numbers gone up quite well.
first of all I am not a panic seller or buyer,
so I wont sell at moment of red numbers
but TRON for example has made big jumps?
should I exchange out soon what I earned to get another coin or put into BTC?
or just ride the wave for a few months and see what happens? as it might go up and down?
what would you do?
I am using TRON as one example but can go same for other coins I have, like ADA
at moment have many coins going on ,at this period many are all in the green and doing very well!! such as TRON
What should I do. ? as I mentioned as a long term but I don't want to loose these really good gains. I want to keep TRON in long term, but its numbers gone up quite well.
first of all I am not a panic seller or buyer,
so I wont sell at moment of red numbers
but TRON for example has made big jumps?
should I exchange out soon what I earned to get another coin or put into BTC?
or just ride the wave for a few months and see what happens? as it might go up and down?
what would you do?
I am using TRON as one example but can go same for other coins I have, like ADA
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