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?
I won't advise anyone to hold now. Am not holding, holding has dealt me a blow. Any profit I see, I sell off. I think that's being smart.