Don't HODL if you don't understand

[Nostoman]

If you have no idea about the cryptocurrency market, then holding any coin is likely to be a loss. Like I bought Celo a few days ago. It sold at a loss of $50. Because I needed local money, I was forced to sell. But now the price has gone up a bit.

Even investing wisely can lead to losses. So I think those who have extra dollars. Other currencies should be bought and traded without holding usdt. You must choose the right time to trade. By joining different paid signal groups, you can take signals for trading.

[indexx]

In my opinion, Hold must know in great detail what coins we hold. Because this hold must have basic knowledge which is very important.

[comer]

much better to hold if you are not yet experience trader or just a newbie. if something goes wrong you always have the token in your wallet to wait for another wave of increase. rather than risking for something you are not familiar with.

[Gubre]

much better to hold if you are not yet experience trader or just a newbie. if something goes wrong you always have the token in your wallet to wait for another wave of increase. rather than risking for something you are not familiar with.

You had said it already. Risking for something you don't really familiar with is a big no and this is too dangerous for newbies. That is why holding than selling is totally high risk and so I agree with the OP but this is a personal decision if you can manage to let go the your lose when the tokens you are holding turned to trash.

[svetlana]

much better to hold if you are not yet experience trader or just a newbie. if something goes wrong you always have the token in your wallet to wait for another wave of increase. rather than risking for something you are not familiar with.

You had said it already. Risking for something you don't really familiar with is a big no and this is too dangerous for newbies. That is why holding than selling is totally high risk and so I agree with the OP but this is a personal decision if you can manage to let go the your lose when the tokens you are holding turned to trash.

And so that tokens do not turn into garbage and money disappears along with them, beginners should choose old and reliable coins: Bitcoin and Ethereum. And only with the advent of experience, they can choose coins from new ones.

[Bolopecah]

Trading is better for expert. Losing money for newbie traders is common.

[nadyn]

I suggest storing only the best coins for a long time, including 50 percent Bitcoin, 30 percent Ethereum, and the remaining 20 percent of the coins you consider to be promising. In such a distribution of your capital, you will definitely be in profit!

[Vladok]

Trading for beginners is very dangerous, because you can lose your whole deposit, it's better to buy some promising tokens and wait for their growth

[tonymillions84]

this is not true. there is a reason for Holding tokens. in the word of my teacher who taught me on how to invest in cryptocurrencies. he said that what ever decision you made is always right. do not regret selling or buying any token. unless you gambled with a shit coin. as long as you bought a token with a future and great road map, hold it. you will rip the benefit of you reward.

[Karsum]

hodl needs to be done to get the income / price in accordance with what we expect. because sometimes hodl will make us feel the true price. but if the coins we hodl have no future prospects it's better to just sell them

[Abubakar56]

Before holding a coin there are lot's of things you have to understand you can't just see a coin now and u will develop interest for it and you will buy it. Before buying a coin always make sure you do your research first know the kind of coin you are trying to buy and hold, if you don't do proper research you might endup buying a shit coin or a dead coin which will lead to total lost of fund.

[Marivic27]

Before we are going to hold we need to understand first specially the coin or token that we are holding, we need to search everything and make a proper decision if we are going to invest or not, beause if we invest without any proper understanding we are just like wasting of time and asset, because there are a lot of scammer on crypto and we need to be always careful on it.

[Black ID]

Actually hold is a great method in crypto to get what we want. However, before we hold, we must first know the characteristics of the coins we are holding well. Do not let us choose the wrong.

[monig18]

This is a million dollar question.without understanding Hold is so risky.when anyone do not know about support,Resistance ,target of that special coin, Holding is not good.Just take profit and exit if you do not know.

[bayiajaib]

Actually hold is a great method in crypto to get what we want. However, before we hold, we must first know the characteristics of the coins we are holding well. Do not let us choose the wrong.

As several people said Patience is a virtue.I think Hold is good method to profit while the market is red.But we should learn the market progress and the coin. I agree don't hold if you don't understand. We must have good analysis