Is HODLing "Safe" To Do While The Market Continues To Get Battered?

[Eleven86]

It would be a wise move to hold with you current portfolio because if you will sell them then you are now lose the money. By holding, you have not yet lose the money you invest because your investment might spike up in the future.

I agree with you that selling coins in bad situation of the market will lead to lose money. If you are holding coins now then you are in a comfort zone. Have patience things might change in upcoming days.

[satriagedhe]

if you really know what for your hold , and know the coin meaning in the future , yes , holding is safe , i mean holding something that you dont know what for it , just like gambling

[sapnu]

Compared to selling, hoding us way more safe to do at times wherein the market is continuously falling.  Selling at times like this wouls result to permanent and complete loss of peofit unlike those who would hold which would only cause partial loss due to the decrease on the price of cryptos.

[Kurokonobasuke]

It is risky in my opinion. Holding is also like gambling since there's no assurance on what would happen next to cryptos. Surely, not all cryptos would be able to recover on the continuous downtrend this year and selling sometimes is the best solution in order to not lose more profit. Choose to hold only if there's a positive movement in the market.

[boyshx]

Why not, holding has been safe since the day crypto currencies were formed through the ICO project. I mean I am not mentioning bitcoin here because bitcoin is always the best choice to hold no matter what happens. Now coming back to the coins which we now call as altcoins are the best only if you hold them. Lets ignore the current market situation because this market has always been the same way and has always come back to the normal or so called to the bull run many times. So there wont be any problem holding your crypto currencies at all. In fact I would advice you to choose more altcoins which you think are best for holding and buy them.  

[Cnut237]

Holding is the safe option if a) you believe that crypto prices will rise in the long-term, and b) you don't want to trade to short your coins.

Trading can have its pitfalls - yes you can make money, but it is also easy to lose money if you time it wrong, and also many countries (e.g. the UK) consider crypto-to-crypto trades to be taxable events, so this also needs to be a consideration.

[Bttzed03]

What do you guys think of the crypto market?

This year, people are a bit more mature now. I think gone are the days that people easily buy into hype like news of a whitepaper release. We should be able to see a good rebound in the next 3 months.


Is HODLing "Safe" To Do While The Market Continues To Get Battered?
It depends on the coin/token you are hodling.