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The phrase "advised to hold" is correct and usable in written English
It can be used in contexts where someone is being recommended or instructed to maintain a position or refrain from taking action. Example: "The investors were advised to hold their shares until the market stabilizes."
Exact(14)
Q.Banks are being advised to hold more capital.
On this showing, he might be advised to hold his horses.
Ticket holders have been advised to hold onto their tickets pending announcements of further concert dates.
For the moment, be advised to hold the ticker tape, and wireless contracts.
Consumers were advised to hold the phone's screen next to the area of skin to be treated for few minutes daily while the app was activated.
Filmgoers troubled by factual inaccuracies in the hostage thriller Argo are advised to hold fire until The General Staff arrives to set the record straight.
Similar(44)
Those who can't make it to the Vienna show this summer are advised to get hold of its catalog.
The human-chain technique, meanwhile, was proving to be a good way of de-pantsing people, as each link was advised to grab hold of the pant cuffs of the link in front.
He has advised clients to hold their positions.
I was advised not to hold my breath.
Illumina has advised shareholders to hold off on tendering their shares into the new offer, as it studies the specifics.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com