airdrop

Should I sell my $NEWT airdrop or hodl 🤔

What do you guys think?

Made in /bulgaria ⟠ Documenting life at /petar ⟠ Crypto Class 2017 ⟠ Web3 Explorer ⟠ Team @ambirewallet @adex-network ⟠ Opinions my own

I always sell all the tokens I received through airdrop, then buy 80% ETH and replenish 20% of the stablecoin reserve. You should not have much love for projects, no matter how well they reward you, often the pressure on the price is always greater and your tokens melt. This is just my subjective opinion and it may differ from yours or the majority. Always make decisions on your own. Good luck!

I like your methodological approach 🙌🏼

Usually, I always keep the ratio. My rules are unchangeable, I try to accumulate ETH with each decrease. Also, I always hedge spot positions using positions with adequate leverage, strictly observing the risk control system. With each price movement up on a particular altcoin, I always try to take the "body", that is, the initially invested funds, for which I also increase the reserve of stable coins, and I leave the free part of the coins for the long term. In the case of an aggressive fall in the price of an asset, I buy again from the stablekion reserve, but already half of what I took earlier. In this way, observing all the rules, I gradually increase the position of "free" assets, while always keeping the stablecoin reserve almost unchanged. At the moment, my ratio in the portfolio looks like this: 60% - ETH, 20% - other altcoins and 20% - stablecoin reserve.

Thanks for the insight

Do you flip the 80/20 rule to 80% stables and 20% ETH during price downturns?