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. ??
I will also say the same thing as you, if you don't need money urgently it's better to hold on and wait for the right time to get bigger profits. because it would be very unfortunate if you rush to sell without any other plans.
but it all depends on what coin is held by him if the coin has the potential to get a higher price of course it is very good to keep holding it but if the coin is very small the opportunity to get a bigger profit it would be better to sell it and choose a coin that other potential for profit.