I was one of the people who did the method of saving assets by holding them and not selling them even though the market was bear.
but is it true that this method is the best method to save our assets?
because there are so many holders that aren't strong and eventually sell them in the middle of the road.
What do you think?
or maybe you have another way, so that assets can survive even though the market is bear.
I personally dont agree with hold the crypto currency for long term. I prefer do day trading with potential coin, like ripple, NEO, EOS etc. It is more profitable than hold.
I think it depends on what crypto you wanna hold. I've in a forum (not this forum) since 2008, and those people who bought Bitcoin while its value still low and held it in their wallet until 2017 became millionaires, and you can google it.
Bitcoin value: $0.0001 - June 2009
Bitcoin value: $0.0008 - October 2009
Bitcoin value: $0.07 - July 18, 2010
Bitcoin value: $0.96 - February 9, 2011
Bitcoin value: $5.70 - February 11, 2012
Bitcoin value: $47.41 - March 11, 2013
Bitcoin value: $717.83 - February 7, 2014
Bitcoin value: $275.07 - January 4, 2015
Bitcoin value: $431.76 - January 14, 2016
Bitcoin value: $726.36 - November 9, 2016 - Donald Trump Elected as President, Market Plummet
Bitcoin value: $1020.47 - January 3, 2017 - Bitcoin price breaks $1000 for the first time in 3 years
For those who still holding Bitcoin, my advice is for you not to brag it, more so the quantity you're holding because
Bitcoin still remains a popular target for criminals.