Post
Topic
Board Economics
Re: Why are you saying wait?
by
Elsie123
on 02/04/2018, 09:51:34 UTC
In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.

We can sell it at a higher price and buy when it goes down.

I think we'll lose a little bit less, better than nothing.
I'm not one of those people, but I think that some of them think that just because the price has thus far always recovered, rebounded and spiked higher, it's the safer bet to just hodl than to try to guess which way the market is going to go.