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?
When the current price of coins that I can say is unstable, it's better not to hold on but keep trying to be active in the market and buy other coins. The average person is easily affected. Be careful and stick to the principle.