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. ??
Your approach is correct. We can give our friends some suggestions, but we must let them make their own decisions.
However, if it is a long-term value coin, it is recommended not to sell it. If it is necessary to use money, do not completely withdraw the funds.
Generally, when I invest and sell coins, I will not sell them completely, but will keep a little bit. I think this is my personal habit, and I will continue this habit.