Post
Topic
Board Altcoin Discussion
Re: Know when to buy and hold
by
Jeger.Kiting
on 26/08/2022, 10:31:30 UTC
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
Looking at the current bear market there are indeed many coins that go up and down, it all depends on the quality of each coin itself, maybe if you want to buy coins with the current market situation I think it looks good, but you need to know this in a situation like this if you buy cheap coins and you decide to invest in the long term maybe the coins you buy do not have good enough potential in the future and you risk losing, because the coins you invest at that time do not have good value. In my opinion, it is better to buy high priced coins that seem to have very good potential in the future, so that your long term investment will definitely benefit you with your long term investment in the future.