We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.
If youre at the losing position what is the best thing to do?
Hold your coin! If you are going to trade in cryptocurrency, be sure that you will input an enough capital. If you are in a long position, you can hold it till the market will be fine. Well, it could take years before you will appreciate the market again. It will be tough for the market to recover specially that people are intimidated to invest.