Post
Topic
Board Trading Discussion
Re: You don't need to hodl a particular coin all your life
by
MiF
on 26/05/2022, 06:28:52 UTC
How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear  Grin
Well that is a good advice mate, sell the bull buy the bear is yet simple and profitable strategy, but the problem is that investors has a different strategic way of getting profit from thier investment, i think they have limited thier time on when they are going to sell or hold the coin depending on the development of the particular coin that they invested, even if most of the expert says holding is good but there is still a risk on holdings because there are a lot of coins that turns into very low price after few years of holding and that becomes a waste of our time so we need to be careful.