Quote from: Oshosondy on October 07, 2021, 07:08:01 AM

We should always point out that there are specific coins that their price can decrease but holders should not cut loss because the price of the coins will increase back, coins like bitcoin, ethereum, binance coin and some other coin like that, but there are some coins that are shitcoins, their price will decrease and never increase back but dump more, some even later become dead coin. We should know the type of coins we are dealing with, not all coins are good to buy.

This is most newbie mistakes, because they buy and the price dump, they will decide to cut loss which suppose not to be, they cut lose and they lose money, what is funniest most is that some people will cut loss and the price will not decrease further but start to increase, or the coin will just take a little further decrease and start to increase, this happened to me many times when I was a newbie.

Based on my personal experience I do hold some coins in SPOT in my binance wallet and based on my observation there are some specific coins that was worth to hodl in spot trading even if the price of the token decreases because there is always a chance that the price may certainly goes up again and no need to question if bitcoin, ethereum or any on the listed top token in the market are worth it to hodl. Now, I personally hodl coins that was related to NFT games and defi and I still hope it's worth to trade in spot trading i'm still holding and wait till the value gets high again, hopefully.