Only an idiot would give and follow the advice of not selling off your coins when markets are dropping. Fact is you need to be able to read and beat the markets, that's how real world investors & traders make money even when markets are dropping. To say hold for long term and simply ignore market realities is like one of those pigeons shutting their eyes and hoping no harm will be done. Only those idiots who don't have the intelligence and capacity to face off the market fluctuations will want to hunker down for longer terms.
I've realized that crypto world is awashed with self styled dump experts, mostly millennials with ZERO knowledge of market movements, these retards just follow each other using a few dumb catch words like hodl, resistance, support blah blah to sound like a Wall Street investor
Back in Nov/Dec I had correctly predicted a looming crash (not just correction, there's huge difference which most crypto dumbtards don't understand) on various YT channels and I had said that by mid 2018 most coins will be eating dust - I was laughed at but now as I can see most of the same idiots are now holding coins which are worth nothing but shit and now hopping, praying crying for a market rebound.
When I entered the crypto markets very first time in November last year, markets were super red hot and I knew the crash was coming soon. I invested a total of around $12000 and when markets started crashing continuously, it was time for me to take the profits and get out. Even in that dropping market, I made a net profit of ~$65000 after dumping every single bit of various coins I had. If I had hunkered down like most of you dimwits have done, I would be holding a bowl of dust and nothing. All of those coins I dumped are far below the price points where I had bought them initially. So this completely tears apart the hodling theory those most of retards keep shouting and keep propagating.
Now about the market rebounds -I can see most of you are just desperate for it and keep predicting a rebound is around the corner, makes me laugh. Again your ignorance of Economics 101 and naivety is palpable. These coins have no associated products and mass level commercial adaptations, hence there's no way for the crypto markets to stage a rebound to the level we saw in December which was nothing but pure speculative money pouring into crypto markets. Now most of that money is burned out, people are sitting in deep red with no fresh money available for speculative investment. By end of 2018 most coins will be dead, only the top tier will survive with modest market caps.