Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?
I lost a lot as well, but I selling now would be the most stupid decision ever. Now is the best time to buy. If the funds are low, we should at least just keep holding them. If you have some of them invested in not top cryptos, just sell everything for the coins you trust or, to minimize the risks, into bitcoin. Basically, we can see from the btc dominance on the market that this is what people are doing nowadays. But if you are holding things like eth, ripple, neo, eos, ltc, monero and other cool things, then just keep doing so, because if you sell everything for btc, you help increase its dominance, which is not a good thing for altcoins' market.