MultiversX Tracker is Live!

HODL or Sell and Rebuy?

All Cryptocurrencies

by COINS NEWS 100 Views

While I've been in crypto for more than two cycles now, this is the first cycle where I got in relatively early and now making some nice profits.

Problem is - I don't know if I should just keep HODL'ing (I'm planning on holding for at least a year or two) my portfolio throughout all this volatility - or if I should sell when there is SOME semblance of a local top (I know no one can predict the future and know for sure if its a local top top, but just trying). This way I can secure profits for sure, then wait for a correction to rebuy for the next run up.

I keep hearing "time in the market > timing the market", but isn't it kind of regretful if instead of watching your profits evaporate as the market corrects/retraces - selling now, securing those gains, and then reinvesting when there is a local bottom may be more profitable?

I know its super hard to do this, but still wondering if in theory, it should be worth to try as it may be more profitable? I'm looking for some serious advice, as I'm also considering just HODLing hardcore - but wondering if I'll regret watching all my profits go away through all this rollercoaster of crypto.

submitted by /u/gobearsgobears
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments