Quote:
Originally Posted by tgiggity
I'm definitely a noob. But you gotta sell at some point, right? I saw sell orders way outnumbering buys once ETH hit 310, and it had been in a pattern of 310 -> 290 ->310 for a few days, so I figured might as well sell and rebuy at 290. It did go back to 305ish before racing up to 330+. Oh well, there's always a new dip to buy.
Really the only time to sell is when the amount of money you have in crypto is too high for you to stand or it's too large of % of your net worth to be comfortable. I mean, why else would you sell? This is a long term thing. Not make some cash quick and get out of the game thing.
I had a few buddies buy in at one time and then sell like a week later for a profit, and I'm like wtf you do that for? Now what?