I am a new trader, I have no experience in the market, I bought some tokens based on people's advice, now I am facing a lot of losses, I don't know whether the market will go up or down, please tell me whether the market will go down or up?
What should I do in this situation, should I hold it or sell it?
You bought token based on people's advice, mate that is a bad approach to cryptocurrency investment, you may end up losing your money if you happen to invest in a hyped coins, as a newbie in the cryptocurrency, what you should avoid is taking financial and investment advice from people without doing your own research to validate the information you got about the asset, you need to avoid such steps in the future because cryptocurrency investment don't work like that, since most people can just promote pump and dump coina to you and you end up being a victim of a rug pull.