Post
Topic
Board Speculation
Re: Does holding really make us avoid losses?
by
imapessimist
on 20/11/2018, 21:09:47 UTC
I agree that hodling should not mean holding on to the bitter end no matter if your coins are going up or down.  It means trying to buy at a fair price and holding till you have made a reasonable profit and then selling part of your holding.  But it shouldn't be extremes.  Like holding on to the bitter end when your investment could be worth nothing or else holding while you watch it go up and up and then you don't sell any and then complain when it goes down and cry over the profit you could have made but didn't.  Common sense is lacking with some of this.