Sirwin
Sirwin

Crypto Rollercoaster - Sell Now, HODL or Buy More?

By Cryptofab | Cointune | 17 Mar 2024


Remember yesterday when I was all excited about that Binance blog post mentioning hidden gems like PIXEL? Well, things got a little... rough. Most altcoins, including PIXEL (down 11%), have taken a tumble.

Look, cycles are normal in crypto. It's like a rollercoaster, only way faster thanks to these new ETFs everyone's talking about. If you've hit your financial goals, this might be a good time to take some profits off the table, just to be safe.

But hold on, before you hit that "sell all" button in a panic, here's the thing: there might still be some diamonds in the rough out there.

Take Kamino Finance for example. This DeFi protocol on Solana is buzzing because people think they'll get free crypto (airdrop) if they earn enough points by March 31st. That's keeping the price of SOL (Solana's currency) nice and high. But what happens after the deadline?

If you snagged some SOL under $20, you're already sitting pretty at $180 - that's a win in my book!

So, the question remains: sell now and avoid the rollercoaster, or hold on for the potential hidden gems?

The truth is, it depends on your risk tolerance and goals. Do your research, consider your options, and don't be afraid to take some profits if you need to.

Stay tuned, I'll be digging deeper into these "hidden gems" to see if there's real treasure buried beneath the hype!

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Cryptofab
Cryptofab

Studying Bitcoin, Alts & Arts.


Cointune
Cointune

Crypto, DeFi and passive income.

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