With the recent and massive gains in crypto tokens I am struggling between the Trader vs Buy/Hold Mentality. To me a trader mentality is when massive gains/loss is achieved then all positions are liquidated to keep all profits. The Buy/Hold mentality is when massive gains are achieved, you keep holding the position or liquidate some just in case more gains are ahead.
Usually when I reach 100% return, I sell half my position to get initial investment and let the rest ride. By letting it ride, the funds are tied up and you have less capital to acquire other crypto tokens
What are your thoughts? What strategy works best for you?
