Post
Topic
Board Trading Discussion
Re: Take stock or hodl ?
by
lombok
on 16/03/2022, 16:12:59 UTC
If we lack knowledge of market movements, holding assets is the best choice. It should be underlined that for holding assets, of course the best coin choice in my opinion is Bitcoin, although it is possible that altcoins such as ETH and BNB or other coins are good for holding.
Good one on telling that. There are still inexperienced investors and traders in the market that keeps on coming, they don't understand that it's better to hold if they've been always having a bad day trading just to have losses.
Holding should be fine when you really have a lot of busy days and you only have to check it when you have to because of the market fluctuations that's always been happening in the market. There's no reason for one to be afraid of volatility when you're just holding especially when you hold these recommended crypto assets to hold.

Holding crypto assets in the long term also aside from overriding the volatility that occurs, it also gives psychological confidence to the investments we are focusing on. Especially if we have done long-term crypto holding assets before, of course our experience and response to the market will be sharper. We are able to determine how we enter and by what method we accumulate assets. Of course, it will be more profitable to continue to move funds by buying assets and holding, rather than depositing money in a bank where money in the bank can experience inflation.