Should I hold on to all my ethereum?

[hellcat]

It seems that you bought Ethereum at the worst possible time. Mistakes like these do happen, but it’s no reason to sell it off and call it quits.

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When I first bought Ether in 2016, it cost $12. Then in January, it dropped to $7.I could have fretted for the same reasons and called it quits. But I didn’t. I HODLed.

Today, it makes no difference to me whether it costs $1000 or $400. At either price point, it’s a massive profit.

My ethereum holdings is part of my future and I’m going to cash parts of it out only when I absolutely need it; on special events like weddings or medical emergencies.

I’d recommend you follow the same strategy. Cash it out only if you need the money. Otherwise, keep your ether and forget about it. Until the total market cap of cryptos is close to that of gold, it’s going to rise and rise. This means, Ether’s price has got about 20x to go.

[babu10]

My ethereum holdings is part of my future and I’m going to cash parts of it out only when I absolutely need it; on special events like weddings or medical emergencies.

Yes, you can hold your ETH for your future but i will say if you are good in trading you can do trade besides holding. It will remove your monotony of ETH market as market is unpredictable. Suppose you hold today 5eth but 1 month later price may down then you can make upset in mind but if you do some 3eth trade in good coins and 2 eth hold you you may happy when market will down. So you can use both strategy.

[hellcat]

you are right.

[Renampun]

Ethereum is one of the best Altcoins...
HODL your ethereum is the best decision, The bullish potential is huge because changes in the price of Ethereum are greatly influenced by Bitcoin Bullish.

[Altcoin1998$]

Absolutely right. Ethereum already bumping and who invested Ethereum at the beginning of 2020 they already double profit gainer.

[hellcat]

yes . yes

[gunhell16]

If Ethereum is next into Bitcoin as everybody said here in cryptocurrency, that means like Bitcoin it can also give us good savings for the future. If I just have a lot of ETH I will surely hold em in the long term where it is a good investment for holdings.
But I suggest you use some of it to day trade just tips of advice.