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RE: Blindly holding isn't a crypto strategy - you need an exit point

in #crypto7 years ago

I hold some coins for long term, those that I believe will go higher, but I also try and exit others once I have reached my profit goal. If I do sell a long term coin it will be in small batches. That being said I have been burned in the past and I am still holding a few bags, but those are lessons learned.

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I agree. Holding can be a solid part of any strategy, I just don't think it is the only strategy. I have a couple of long term bags I should have got out of ages ago - Swarm City and Basic Attention Token. Luckily they are such a small part of my portfolio I can just ride it out.

I prefer stable coins like Bitcoin, Dash and Monero for holding long. Stable growth.

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