So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
This is also the value of holding. Holding doesn't mean only to hold without taking profits. Of course, the main reason of holding is to gain higher profits. And holding is to reach certain target of the price. Even it is small or high, this will depend on how long you are holding and the rate that you can achieve.
In this situation, we always need certain rates to take profits, depending on the coins.
after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
That is why we have to be really careful when choosing a clinic for holding. So don't just buy coins, especially hype coins for holding. Because not all altcoins are able to survive and develop in the market. so many of them end up becoming shit coins. Therefore, make sure we choose a top coin that really has good potential, fundamentals and use cases, as well as an active and professional team.