Quote from: Haiduongbg on April 14, 2018, 04:43:50 AM

Quote from: hisuka on April 13, 2018, 11:42:34 PM

Quote from: ngefek berat on April 13, 2018, 10:04:12 AM

If I am still very confident that bitcoin will go back up so holding an asset in the long period is increasingly opening up opportunities in gaining substantial profit in the future especially to invest in bitcoin.

Holding our bitcoin to hopes for the great earnings is good because we have our own strategies. Most who holds are confident indeed that price can increase. So holding can be good since most of us are much aware about volatility of bitcoin price.

Yes holding is a good strategy for some, but I think someone is holding blindly, that only cause you lose money. Hold to die is a wrong strategy, Set your clear target, then exit when the price hit the target. Most holders dont have exit strategies that's the reason they are losing a lot money in the recent bear market

While holding blindly is not the best strategy it is way better than trading blindly, however you are mistaken in one point holders are not losing money, you must remember that you do not lose money until you sell the decrease in price only gives to you potential losses but those losses do not materialize until you sell, this is one of the advantages of holding over trading and if you are patient enough you can wait until the price recovers.