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