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Should you “hold” or sell your cryptocurrency?
Cryptocurrency is an extremely volatile asset, making it an investment that requires a high level of commitment. As a new trader, one of the most difficult decisions you make is whether to “HODL” or sell your coins. “HODL” is a term that appeared in the early cryptocurrency community as a misspelling of “hold.”Should you sell 10% of your crypto portfolio each month?
The best part about this strategy is, as the price is rising, you might be selling 10% of your cryptocurrency each month but your portfolio crypto value is still rising if prices are rising faster than ten percent.Do some crypto exchanges allow users to lend out their cryptocurrency?
Some crypto exchanges allow users to lend out their cryptocurrency. These ten variables benchmark features and options across the crypto exchanges and brokerages we surveyed. For each ranking, the sum of weighted values across all or some of these key factors was calculated to award each brokerage or exchange its overall rank.Should you panic-sell cryptocurrency?
Panic-selling is a decision that many crypto investors later regret. They buy when a cryptocurrency is at a high, sell when the price plummets, and then miss out if the price bounces back. If the price has dropped and you no longer think the cryptocurrency is a good investment, then you should sell.