having a conversation with a friend today , he was asking me if he should sell or hold a coin. i didnt give a straight answer, i just told him the project is a good one that can do well but if you are willing to wait then you can hold but if you need some money then you can sell off. he then replied that he will wait for an additional 25% increase before he would sell off. i think i tried my best to let him make his final decision himself. is there any better way to do this? if it were you, how would you respond to this. ??
There is no specific date or time to sell or hold cryptocurrencies, and its is difficult to make decisions if haven't experienced anything about selling or holding some assets for you to gain profits from them. It is wiser to do some research in which coin to hold and sell before engaging to decision because when you decide and done it, you can not bring it back again, thus it it will be a lesson for in the future of what you have decides.