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. ??
If indeed what you say is based on experience or good analysis, I think the advice you give is correct, considering that every suggestion someone gives is a comparison for him in making decisions.
Moreover, if the token or coin has a good selling value in the future, there are times when waiting is a good decision for us to consider, if we can benefit from the decision to wait.
But if waiting is not able to provide maximum benefits, it is better for us to release the token or coin, rather than holding it but there is no benefit, whatever he does, whether he accepts your advice or not, hopefully it is the right step he takes.