Post
Topic
Board Altcoin Discussion
Re: Long time holding, is it a smart thing to do?
by
Red Fire
on 19/08/2018, 15:31:23 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?
I think it is. As long as it didn't meet your expected price, hold it. Because if you dump it, the price of that coin will go down still. The price movement is because of the supply and demand of the consumers.