Q20: Being An Early Adopter In Crypto Guarantees High Returns?

Does being an early adopter in crypto guarantee high returns?

I do think there is no right or wrong answer to this question because people differ.

Someone who got into the crypto space early enough is not a guarantee that he/she would have high returns.

What if he got in with just some few $$ while someone else, got in much later, with higher $$$$$ than he did.
Of course, the other person will spend more but in the end, he will as well make more. If the price of whatever crypto they bought spikes.

The gain he'd make may cover up for the time he delayed before getting in.

How fast is too fast?

In essence, how long should you hodl before selling out yeah?

I think in this question, there is no right or wrong answer as well.
No one answer can serve different people at the same time.

For instance, if I have a pressing need (maybe health wise), it will be foolishness of me to keep hodling, when I have some Snax tokens to sell off and get some money to pay my bills.

A very important must have skill in the crypto space is patience.

Everyone should have the patience to hodl as long as there is no much pressing need for a particular need.

But then, the crypto market is volatile.
So it would be wise to understand the trends of the market and sell when you feel it is going below the normal price you bought at.

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This is my submission to @dragosroua 30 days daily Snax challenge.

My #Snax username is @julietisrael