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.
You should probably hold because we all know that the bitcoin value will always rise up. The question here is do you want to be a millionaire? Do you want to be rich just like what successful businessman has achieved? If yes you will saved all your bitcoins and hold them up to 5 years and let your money makes money. That's how bitcoins work, and you will be like the teenager who becomes a millionaire because of investing 1000$ in bitcoins.