Quote from: Wakate on October 03, 2021, 12:13:38 AM

Quote from: naikturun on September 11, 2021, 03:04:33 AM

Holding coins long term is also risky especially if you don't know for sure what tokens you are holding, so actually holding coins short or long term doesn't matter as long as you know about the project and have done your research beforehand.

Many investors had made this same mistake thinking holding a coin means keeping the coin forever. Holding should be more of timing than leaving a coin for longer periods without trying to sell and buy it again or other alternative coins.
Some token Ard only meant to stay for short periods of time below losing it value. This is why more of these shit coins we are keeping now might be forgone in few years from now.

What those people do not understand is that holding for the long term is a strategy that can only be used on good assets, basically if you do not trust that a coin is going to exist in a few years down the line then do not hold it and instead actively trade it, that way when the coin begins to go down you will just sell it at the first sign that a crash is coming, with this in mind then it is clear there are only a few coins worth holding for the long term and some will argue only bitcoin is worth to hold for that long.