I know for fact that many experienced traders and crypto-enthusiasts are in here so there is no better place to ask something related to trading.
So, for the past 4 months I've been holding some PHA, Phala.Network's native coin, and finally PHA started making some moves.
Phala.Network is a project build on-top of Polkadot blockchain so my guess is that the recent DOT pump is the reason PHA is mooning as well as some recent partnerships like the one with ZenLink
I really like what Phala team is working on and I believe this project has a bright future (same for DOT chain) so I'll sell only so I can buy back PHA in lower prices.
The real question is, when do I sell?
The image above is a 90d chart of PHA and was taken 25 minutes ago with PHA being up 100% the past week! I've bought PHA at the price of 0.12$ USDT so I am definitely in green.
I can sell my coins now and enjoy 100% gains but as I told you I wanna sell and buy back. I've tried that before and didn't turn out so well (Quick Trade - LRC/BTC) so today I need your opinion.
What would you do in my shoes?
Would you sell your PHA right now or should I hold on to them? Do you think that this pump is pure hype or is PHA really gonna be one of the top 200 coins soon?
PHA is #1 in Coingecko's Trending Search as I type
Let me know what you think at the comment section bellow. Give your lights to a newbie like me hahaha! Thanks in advance!
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