Quote from: pooya87 on October 08, 2018, 04:50:04 AM

Quote from: MinarchistCoin on October 07, 2018, 06:01:11 PM

I still think we have a good dump coming taking us to $3000 before the next bull run.
Im Hodling

the only thing these two statements say is that you are either trolling or you are dumb specially since you are making a speculation topic!
if you truly think there is a drop of that size which is more than 50% drop then any sane person would not say "i'm holding", a sane person instead will think about selling so that he can double his investment buying back at the bottom after the 50% drop which he is expecting.

there are other considerations. selling triggers tax liability. and if he's in the USA or similar, that can make a huge difference because short term gains are taxed at much higher rates than long term (1+ year held) gains.

then there's KYC and banking fees. or, if he wanted to hold $ on the exchange to catch the bottom, he's exposed to third party exchange risk.

i only ever sell to cover real life expenses. otherwise i hedge with leveraged futures with a small portion of my coins. but i always hold my coins through downtrends. i've been bitten hard by exchanges over the years. between that and taxes, it's a no brainer.

plus, there's always the possibility that he'd be selling the bottom and have to chase back higher. not uncommon in crypto. it's what turns a lot of traders into hodlers.