Quote from: ReiMomo on December 05, 2021, 12:49:51 PM

Quote from: yohananaomi on December 05, 2021, 03:18:36 AM

Quote from: Joshapat on December 04, 2021, 09:44:39 AM

Quote from: breathlessz on December 04, 2021, 01:36:34 AM

for those who haven't mastered trading, I think holding is better, and when to sell it I think when we are profitable and can match the set targets, but if we haven't reached the target and we want to sell, I think this is also better than us experience a panic sell later which results in losses

When you see a market drop like now then holding is better, in investing and trading we have to be patient, most people panic easily when they see a market drop, in fact now is the time to buy more, and I have invested around $390 to buy bitcoin because I believe the market will soon recover tomorrow or the day after and immediately skyrocket like the previous year.

what you are doing is very precise, when the price is indeed dropping it is worth doing as you do, continue to buy and store in any form that can be exchanged for bitcoin. because the nature of bitcoin does have its own character and will always increase in time, so that when you continue to save then in time you will reap the results you have done. because bitcoin will eventually reach a point of value that can be in accordance with what you want.

We have two chances when the price of the coin you invested, go down. If you have enough money then yes invest it when the price is kai so that you can average the loss and sell off all those coins at profit when there coin grows a bit But yes holding is a great tool given to us to take a breath and sell at profit when it goes up. Unless and until you are in a immense need of money, never sell at loss.

HODL is a term used by bitcoiners, investors meaning to HODL bitcoin more. I think anyone can tell you to HODL bitcoin in order to create bitcoin scarcity in the market for the price to go up but no one will tell you to sell bitcoin, that one you have to decide by yourself. When different people invested in bitcoin they have different intentions, some will HODL for long-term and some will just sell whenever they make profits thus no one will tell you sell but you.