Post
Topic
Board Altcoin Discussion
Re: in between the decision to hold or sell
by
thesosorr
on 05/08/2021, 09:27:35 UTC
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. ??
From your case with your friend, I can guess that if he sells, he must sell half the coins. The other half he must have held.
I imagine if the coin he holds is ETH, surely your friend will get more than 25% profit.
For me, your friend has made the best decision.