Post
Topic
Board Trading Discussion
Re: Do I hold?
by
Luno
on 12/07/2017, 04:47:15 UTC
I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

If you have done good research about the coin you have invested and if you have clear idea that surely your coin would go high in price,then you can hold your coins despite price fall.If you don't have any idea about your coin and you are just continuing to hold it,then it would lead you to huge loss.So better to sell it if have no idea.

If you are investing in altcoin without doing any research then you are ultimately gambling with your money you are depending only on luck to make profits which is very risky and in that case it will bring only loss for you and nothing else.