Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one.
Should I continue holding my ethereum?
Same here but I still have faith in this project. Just wait since they are still active and will have an upgrade this December.
It is not profitable in all cases. If you hold some shit altcoin, then there is a very high chance you will be making some serious "loss" on the long run. Invest only on coins that are well known and has a very active community and support. Only those coins will very highly likely give you some good profit on the long run. Bitcoin is one such good example. Look at the charts. You will see that in the long run, everyone who has been holding has made some profit (skip 2017).
Keep holding your ETH. You haven't made any loss yet as long as you are holding it and not selling it.
Holding shitcoin or another unpopular token is a NO. They lost more value over time, especially when major cryptocurrency declines. Better to have a cut loss setup in your trading, so that when it is triggered it will automatically sell just to minimize more losses.