Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?
It is their way of making big profits, because they already really understand it. For me to hold a potential coin for a long time is a smart move to do. Moreover, the current market situation is red again, certainly holds a wise choice.
Holding is not a bad choice and it is simply the best for any long term investor. However, in a market like this with a very volatile coins and tokens, I simply do not advise holding as I would rather learn how to trade long term so as to monitor trend, and then take advantage of the FOMO to sell off. It is just being more smart, knowing that either way, there is no market that is going to keep going up without at least having some form of retrace back down or correction as the case may be, and that is what I cannot just decide to overlook.