In such a tough situation holding is important to grow in crypto world. It is the best time of buying coins which has good used case and huge potential. If you don't have new coins than hold your already accumulated coins.
Price of majority of coins are low. So, obviously it is not a wise move to sell coins at cheap rates as it will give you permanent loss. Better to hold your asset for a long term and wait for the bull run.
I am not in favour of holding shit coins which often pumps and dumps in market. I suggest you to hold only those coins which have good use case and solid project. Good used case coins and solid project have high probability to give you decent profit.
If you are the investors who like to invest for shorter period of time than you must apply stop loss on your investment in order to control volatility.
There is no need to panic if the price of the coins drop down. Price of BTC fell below $27,000. Currently coin is trading around $26850. There is no need to panic if you purchased coin at $30,000 or higher. Time to hold BTC for a bull run. Remember BTC has already achieved all time high worth of $68,800. Currently coin is 61% down from its all time high worth. There is a huge possibility that coin will break the all time high worth in next couple of years. Time to hold your good used case and earn decent profit. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.