I advise you to keep coins and not sell them. Analyze the situation on the market and you will understand that this is a correction. If you do not know how to analyze, then learn. This knowledge will be useful to you.
Could it be the right choice with holding? while prices continue to weaken throughout this time? I choose to sell part of my assets then buy when prices go back down and sell it as much as possible when prices go up. it reduces losses a little bit. rather than just waiting when these bad conditions continue
Depending on the coin you are holding on.If price swings can go out on big pips or gaps then selling out some part would be the best option yet it can really give out the
chance to lessen the risk when the market tends or starts to fall rather than doing yourself holding purely for the whole time.
Sometimes holding too much do have significant disadvantages.
Yes, I agree. It depends on the coin itself because most people hold various coins and many of them hold low coin price which they bought at the high price. And if they sold in this time, they can get a big loss but I am sure that they can recover their losses by buying another coin which has a chance to increase at this moment. Holding the coins may be a bad idea, but we don't have a choice and if we cannot sell right now to cover the losses then hold is the answer.
But selling some part of the assets can be a good solution, and it will work well if we can trade in this time so slowly, we can recover our losses, but it doesn't guarantee for every trader to do this because it needs the skill to analyze the coins at the market. The best thing that we can do right now is only waiting, keep trying to buy the coin and sell if we have a chance.
