I've invested in some cryptocurrencies and they have appreciated in value recently. I'm wondering if it's time to sell them now to lock in profits, or should I hold on for longer? When is the best time to sell my crypto investments?
7 answers
lucas_emma_entrepreneur
Sat Dec 14 2024
Achieving or exceeding investment targets often prompts investors to consider selling their assets.
Isabella
Sat Dec 14 2024
Selling at these junctures can be a prudent decision, especially when the market seems to have reached a peak.
Eleonora
Sat Dec 14 2024
Realizing gains by selling can lock in profits and prevent potential losses if the
market were to decline.
Federico
Fri Dec 13 2024
Another reason to sell might be the need for immediate capital.
noah_wright_author
Fri Dec 13 2024
If significant funds are required for expenses such as a down payment on a house or medical bills, selling investments can provide the necessary liquidity.