Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.
What are your thoughts?
It is necessary to stop holding when it becomes meaningless and nothing will result as a result. Let's assume the current situation is borderline in the market and you can already consider the exit. But for beginners now to go to the market is also suicide, so it remains to be expected when a full reboot will occur.
I dont think the newbie now if they come to cryptocurrency just for suicide. This market sometime good for our improvement to make everything not so easy. When the market need us to work ever harder, we will know how difficult it is and make us more be careful.