I've come to learn the importance of selling your coins after prices shoot up in a smaller coin. BAT and NEM had some excellent gains and now they've all gone. I've had some gains with SONM but a portion of the profits got wiped thanks to my HODL. I had eyes on ZEC and after @haejin's call I got while it was around $303.
I've always ended up under selling my coins during a surge. Simply hate that fact. So I ended up deciding to HODL through everything. However, the Neo episode (bought at 31, didn't sell it at 52!), now puts a question mark to the HODL plan too.
Currently I think the best way is to check the news and if you don't find anything massive and price has gone up over 10% sell half your holdings at the sign of a dip. I'll have to see how well this strategy would do in the long run.
I've come to learn the importance of selling your coins after prices shoot up in a smaller coin. BAT and NEM had some excellent gains and now they've all gone. I've had some gains with SONM but a portion of the profits got wiped thanks to my HODL. I had eyes on ZEC and after @haejin's call I got while it was around $303.
I scalp profits on the smaller coins to either buy new ones or feed my hodlers (EOS, BTS, DASH)
Consider adding NEM, BAT, WTC to the list. Just research them for a while. I actually wrote about WTC and IOTA few weeks ago. You can start there if you want: https://steemit.com/cryptocurrency/@vimukthi/iota-and-walton-chain-investment-analysis-and-comparison-it-s-not-a-competition-it-s-disruption
I've always ended up under selling my coins during a surge. Simply hate that fact. So I ended up deciding to HODL through everything. However, the Neo episode (bought at 31, didn't sell it at 52!), now puts a question mark to the HODL plan too.
Currently I think the best way is to check the news and if you don't find anything massive and price has gone up over 10% sell half your holdings at the sign of a dip. I'll have to see how well this strategy would do in the long run.
Let's just wish ourselves massive profits.
Even in larger coins. Look at BCH