Why don't I sell now?

I see many people advising against selling assets because the market will rise.

But why don't I sell now and keep a larger amount of money, and when the currencies fall to the bottom, I return and buy a larger amount of currencies?

What will I miss if I do that?

The answer

Holding assets during periods of rising market may be a useful strategy for some people, but the person must make the decision based on his goals and personal market analysis. Here are some points to consider:

1. **Market timing:** Market movements cannot be predicted with 100 percent accuracy. You may lose an opportunity when you decide to sell now and buy later, or you may make additional profits if you have made the right decision.

2. **Time Cost:** Deferrals result from the opportunity cost of withholding funds. It may be preferable to use that money to invest in other assets that currently generate high returns.

3. **Market Analysis:** It is necessary to understand the factors affecting the market and assess whether the growth outlook is sustainable or not. There may be risks of a pullback in the market soon, but it is unclear when that will happen.

In short, a person must consider all available factors and make a decision that is consistent with his or her financial goals and risks.