Post
Topic
Board Altcoin Discussion
Re: Long time holding, is it a smart thing to do?
by
KarleenDion
on 23/07/2018, 07:38:57 UTC
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?
yes it does, long term holding needs something that not every holders has, it is patience. being patient enough gives you an opportunity to sell at a higher value in the market. not everyone is able to do that because crypto has a high volatility that becomes the reason why it is so hard to hold.

I think holding in the long run is a good strategy because it allows to get big profits and can minimize losses before I hold a coin in the long run I will choose a potential coin like BTC and ETH.