04-04-2022, 04:53 PM
Should I cash in my 3x return on ZAP or HODL?
<!-- SC_OFF --><div class="md"><p>I bought around $2000 of ZAP late last month (plus a lot of BTC, ETH, LINK and Sol) on the advice of a friend.</p> <p>When I made the investments – my first foray into crypto btw – I was planning on holding onto each position for at least a few years, as I know trying to time the market is a fool’s errand.</p> <p>But I’m already at a big profit on my Zap and could sell it right now for 3x returns… so I’m torn if I should do that or just stick to my initial plan and HODL.</p> <p>How do you know when’s the right time to sell a coin? Is hoping for more than 3x overly greedy or is that within the realms of possibility when it comes to crypto investing?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/BadSinking"> /u/BadSinking </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tw1vne/should_i_cash_in_my_3x_return_on_zap_or_hodl/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tw1vne/should_i_cash_in_my_3x_return_on_zap_or_hodl/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I bought around $2000 of ZAP late last month (plus a lot of BTC, ETH, LINK and Sol) on the advice of a friend.</p> <p>When I made the investments – my first foray into crypto btw – I was planning on holding onto each position for at least a few years, as I know trying to time the market is a fool’s errand.</p> <p>But I’m already at a big profit on my Zap and could sell it right now for 3x returns… so I’m torn if I should do that or just stick to my initial plan and HODL.</p> <p>How do you know when’s the right time to sell a coin? Is hoping for more than 3x overly greedy or is that within the realms of possibility when it comes to crypto investing?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/BadSinking"> /u/BadSinking </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tw1vne/should_i_cash_in_my_3x_return_on_zap_or_hodl/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tw1vne/should_i_cash_in_my_3x_return_on_zap_or_hodl/">[comments]</a></span>Kind Regards R