Post
Topic
Board Altcoin Discussion
Re: Long time holding, is it a smart thing to do?
by
Kallipso
on 19/08/2018, 06:25:12 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?
The tactics are good and the risks are reduced, but who can give you confidence that the price of a certain coin will recover to its previous level and how long will it take to do this. It is clear that there is no more way out how to tolerate, but it's easier to throw off on time, and to go to the market with the coin's bottom, then everything will be much more effective.