What does 'rehold meaning' refer to in the context of cryptocurrency?
Castillo FieldDec 20, 2021 · 3 years ago3 answers
In the context of cryptocurrency, what is the meaning of 'rehold'?
3 answers
- Dec 20, 2021 · 3 years agoRehold in the context of cryptocurrency refers to the act of holding onto your digital assets instead of selling them. It is a strategy adopted by some investors who believe in the long-term potential of certain cryptocurrencies. By reholding, they aim to benefit from potential future price increases and avoid short-term market fluctuations. This approach requires patience and a strong belief in the value of the cryptocurrency being held.
- Dec 20, 2021 · 3 years agoWhen people talk about 'rehold' in the world of cryptocurrency, they are essentially referring to the decision of not selling their digital assets. It's like saying 'I'm holding onto my coins and not letting go!' This strategy is often associated with the belief that the price of the cryptocurrency will increase in the future. So, instead of selling at the current price, investors choose to rehold and wait for better opportunities.
- Dec 20, 2021 · 3 years agoRehold meaning in the context of cryptocurrency is the act of holding onto your digital assets for an extended period of time. This strategy is often employed by long-term investors who believe in the potential growth of a particular cryptocurrency. By reholding, investors aim to maximize their returns by capitalizing on the potential future value of the cryptocurrency. It requires a strong conviction in the project and the ability to withstand short-term market volatility.
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