We can never predict the exact perfect time to sell your crypto... 👀 But we can develop some basic strategies to avoid potential mistakes and make some gains. Let CMCAlexandria show you some tips 💪
) that can drop as low as 90% from their initial value. However, investing in solid projects and keeping rule number one in mind – that you should only invest what you can afford to lose – should prevent any significant losses.
It is also essential to follow the overall cryptocurrency market, go beyond and understand macro externalities, such as an impending war, a pandemic, etc., that could affect the value of your asset. In that case, a price drop is significantly different from a fall due to a project’s failure, an essential point to remember to avoid panic selling that could later be regretted.
Personal, market and fundamental circumstances can all play a role in your decision to sell your crypto. However, if you pick robust projects, not risk life savings, and build some patience, you may be set for nice surprise money in the long run. Sometimes, acquiring suitable investments and doing nothing for a number of years is the best strategy of all.
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