I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts
everyone has their own way of investing, it can be long term or short, but it's all their own decision there is nothing wrong but in my opinion when buying coins because fomo and not dyor and buy because of other people's analysis other thats wrong
It is that there is something that we must all take into account, if we have investment in any altcoin, it is not good to sell at the moment, because it is not ineligent, it is also obvious that at any moment the price of BTC will grow causing the price of all the altcoins rise, of course there are some altcoins that rise faster than others, such as ETH, but this is because they are very old coins and have relevant history, but when reviewing the chart it is very similar to that of BTC, this is a characteristic of a coin that is considered safe, of course there are new coins that have very good development and a large community that rise as soon as the price of btc rises.