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?
That's very funny cos i haven't actually seen a newbie with the mindset to hold, to me I always set my target and discipline myself not to be too greedy so I don't over exceed my target so I won't regret when things go wrong