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. ??
to hold a coin I think it depends on what coin he is holding at the moment, if the coin has great power to increase its price, I agree to hold it, the important thing is to be ready to take risks if in the future it doesn't happen as we want, a good step that must do if you make a profit immediately sell, don't be too greedy because crypto does not guarantee that the price position will always be at a safe point.
No safe point unless your knowledge is pure enough to anticipate where the market will go,
though it's really hard in the sense that there are many obstacle inside this market.
Considering those whales that really affecting or influencing the market, they are the one who really good in understanding the sentiments
as they continue collecting lots of money from this industry.