Post
Topic
Board Trading Discussion
Re: Why almost everybody suggest to hold?
by
legenduim
on 03/04/2018, 17:44:38 UTC
Hold during a bull market. If you sell, you might lose your position where you may never regain again. Like Bitcoin at $1000 in the beginning of 2017. Now, in a bear market if your able to sell early, you may be able to let the market correct far enough so you can pick a new position at a much cheaper price. If you try to sell too late at near bottom prices, then you might also lose your opportunity so it's better to Hodl. It all comes with experience so practice now.

Right, nobody wants to be a loser. It is better to hold the coins now and wait for the time when the market will recover and crypto will start growing up than to sell everything now and lose really a lot.