How to avoid selling your assets when the market is down?

[nomad]

The general rule of the thumb is you do not make any loss until you sell your assets. Let's say you bought stocks when the price was $10, and now the price is $5. If you avoid selling below the price point of $10, you will never make any losses even when the market is down. If you wait until the price goes up, you will never make loss. Sadly, not every one can do this as people might need to pull out as they might need money. If you do not have the capacity to hold your assets while the market is down you might make losses. Therefore in order to avoid making losses you need to make sure you can hold your investment for a long time.

 

[Stardom22]

I think most people on the web practice this kind of investments. Holding the assets for a longer time would attract a change in the prices and therefore the ideally time for selling the assets is when the prices are very high.

 

[eldavis]

Most times these people sell their assets because they lack information and knowledge. This is also another reason as to why having an expert who gives you advice is very important.

 

[olaniyi]

All this are good and correct but I believe one should always avoid selling their asset because of the risk of business failure that can occur in business and cause lose of asset

 

[Golden9]

You can still lose even if you don't sell. There are bull and bear cycles, and there's also periods where prices just move sideways for a long time. That can be very frustrating and it's easy to sell then.

 

[nomad]

One of the most important thing to consider while making investment is whether you can hold your assets for a longer duration and whether you can hold selling until the bull market returns.

 

[Nite]

Investing is a long-term game and having the patience to hold onto your assets, despite market fluctuations, can lead to greater returns in the future. Additionally, it's important to resist the temptation to sell during a bear market and instead wait for the bull market to return before making any major investment decisions.

 

[Starmix]

It's better to wait for the right time when the selling price is down. Find another remedy to secure the amount you need rather than losing a future profit by selling forcibly your asset in a low price.

 

[cherry123]

I agree with you, to avoid making losses you need to make sure you can hold your investment for a long time.

 

[Stardom22]

This can be arrived at when the investors does the long term investment for that matter.