For now, I'm just waiting for this recent period of stagnation to end. After that, we'll see.

It's interesting to see that the original post was made almost a year ago and what it describes is pretty actual now, too. But we need to be wary of panic selling. In some cases, it's wise to cut your losses but when prices are already lower than when you bought in, at least in the case of large cryptos, it's often not a good idea. If you do, you just end up buying high and selling low, which is quite the opposite of the ideal.

Haha, yes, sometimes this is relatable. For myself I came up with a rule of thumb that if I want to sell a coin that I think has long-term potential, I only sell a part of it. That way I don't miss out completely if the price rises and don't lose too much if it falls.

Don't consider this financial advice but I would not sell at this loss, the whole crypto market has been down lately but it's probably temporary. In the long run, prices should pick up again. However, if I were you I would diversify a little more - this slump could also be a good opportunity to buy some other coins such as bitcoin or ethereum, and the more coins you are in, the smaller the chances of suffering long-term losses.

Hi and welcome! You can sure learn a lot of useful things on this forum. I would also suggest you to learn about some things like technical analysis and trading strategies - you can do this with forex or stock trading online courses, there's more information available in those fields, and you can easily apply that knowledge to crypto trading (if that's what you're interested in).

Doge's huge return over the years was very spectacular, but if you are expecting huge returns, that era might be over. That's just my opinion, though, and it seems to still have some potential for growth. Musk hasn't renounced his support for it, so if he hypes it again in the future, it might surge again. 

Quote from: Dora Walletinvestor on August 23, 2021, 11:42:10 AM

It really depends on what directions regulations will take. I think some regulations would be good, but imposing strict limitations or bans, like some countries already do, wouldn't lead to much good.
By the way, you already have to pay taxes if you want to withdraw crypto profits in a legal manner. There have been some rumours that some governments would want to tax cryptos on every transaction, but as far as I know there is no way to do that right now.

That's why the only regulations in crypto that I support are those that protect investors from scam. If governments earn more than the individual investor, then something has gone terribly wrong.
And in the same time an Amazon pays 0% tax, but earns billions.

I agree. In many ways, cryptos have made investing possible and profitable even for people who don't have large amounts of capital.

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