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.
Its quite easy to tell when to hold and when to not hold. It all depends upon the value of the coins in the market, because if the value of the coins is not that great, then it is best to hold to avoid regretting bad decisions in the future if ever the value of the coins that one possess will get higher someday. Thats what I think.
That's right but we should also consider and look if the coin is a promising one because we all don't want to keep shitcoins so better do your own research and find if that coin has a solid project and great team. The risk in holding is much more lesser than trading that's why many prefer holding but we should be always cautious what coins do we hold or just put a target months or years for you to know if it's the right time.