There are several reasons why I might choose to HOLD. One reason is that the cryptocurrency market is volatile. By HOLDing, I can avoid the temptation to sell when prices are low, and will also avoid the risk of selling at a loss.
Another reason why I might choose to HOLD is that I belief in the long-term potential of cryptocurrencies. Cryptocurrencies are still a new technology, and there is a lot of potential for growth. By HOLDing, I will can ride out the short-term volatility and reap the rewards of long-term growth.
However, if you are a long-term investor who believes in the potential of cryptocurrencies, then HOLDing is very successful