Post
Topic
Board Altcoin Discussion
Re: Long time holding, is it a smart thing to do?
by
Primal6666
on 23/08/2018, 22:10:11 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?

In general, yes, to hold,is an uncomplicated and good strategy. But mainly, positive result of this strategy, in the current state of the market, will depend exclusively on the project's team. If I had known in the beginning of summer that the whole market would be depressed all summer, I would sell most of the tokens that I keep and would invest my funds in more reliable projects.