No offense, but I think holding coins at this bear market doesn't any sense. Why is everyone becoming the crypto holder? From the Legendary to a newbie, most of the people suggest to hold, But why? Yes, I know holding coin may give a bug rewards in future because I was a holder too. I had 15K USD, and my all of USD becomes less than 4K USD in front of my eyes. I just keep checking my wallet and every time my feelings were the same " sucks". Are you holding to be a millionaire like some people who bought bitcoin at 5 USD or less price and sold in more than 10K USD?
There is a very quite simple reason for this.
When you buy 1 X for 100 dollars and wait and that X worth now 1000 dollars, you sell the same 1 x for 900 dollar profit. However when you buy something for 1000 dollars for 1 x it needs to reach 1900 dollars for it to profit you 900 dollars.
Going from 100 to 1000 is harder because the marketcap and the demand supply needs to be way off and really high compared to when it was 100 dollars. Same logic applies here, when everything is small and low priced, people tend to buy as much as possible and hold, when they hold they believe that when the price goes back up, they have a shot at selling it for much higher.
