We all maintain our own crypto portfolio. And this portfolio we can buy and sell as per our market demands. And we decide when to sell and when to buy as well in this whole process. So here we are trying to understand the right block to sell the crypto from the stash.
I was planning to sell most of my crypto in the November. Turns out I had to sell some in October too. Which made me get some less profits. Like I sold the polkadot at the price of the 6 instead of 10 now. So you can see there is a minimal profit back again.
And this means there has to be timing each year where selling at the 10 makes sense. And then the buying also on the low price makes sense. I was thinking when to sell it at the right time and what sort of the tracking and monitoring I have to do in order to sell at the right time. It's just not that easy and one has to get things on the right place and time.
My approach to the right block has changed. However the yearly blocks at which the people used to sell has remained the same. Like October to December has been the block for the sale. Like you start with the days and then slowly as the christmas approaches you would realize that there is a less or not much price rise. And in the january everything goes down.
So the HODL period begins in January and then it keeps on growing. And it would be something I would be adding for the growth too. I feel the right block for the sell you can see that it depends on when the people choose to sell and also the entire year slowly becomes the HODL period.
Next year is going to be the year of the Ethereum and it's L2. So we see where most of us would be selling. :)
