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?
Obviously, you only need to stop holding when the market pumps up so hard and that is the time you can sell your coins in order to earn more profit just like what happened last december before the year ends.