You don't have to judge anyone, discipline is just great willpower.
But in the face of some urgency and there are no more exits, it is not bad to sell to safeguard even life.
That is why it is necessary to invest money that is not necessary in your life.
Because if you go out with losses it is an old tradition of anyone.
Kind regards...
Topic: Discipline hodling altcoins in the face of challenges. (Read 466 times)
We all have a level of discipline when it comes to HODling but that discipline is tested by the the level of challenges we face. Everyone has challenges, true...but the challenges are different for everyone, some more peculiar to others.
I had a conversation with a friend today who was excited that he was able to discipline himself, ignore the financial challenges he had and still was able to HODL his many altcoins without selling even when he had some pressing needs.
I agree that there will always be needs and challenges, but the big questions are?
Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
I had a conversation with a friend today who was excited that he was able to discipline himself, ignore the financial challenges he had and still was able to HODL his many altcoins without selling even when he had some pressing needs.
I agree that there will always be needs and challenges, but the big questions are?
Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
In the first place we have no right to judge other if they want to sell their assets here anyway. As far as I know the discipline always come first to us not to other of course. It is in our hands if we hold the coins or not because for me there are only two things why individual traders sell their coins first they are panic because of the bad situation in the market and the second is they know when the market goes down or not just like that only.
Anyone who chooses to judge someone who liquidated his assets due to a pressing matter is stupid and does not deserve to be respected nor treated well. Specially when he isn't the one who gave the assets to this person in the first place. What right does he have to judge someone based on his actions due to unfavorable circumstances? That is just wrong.
But on a different note though, everyone should always exercise setting aside money no matter how much every time he gets salary or profits so that when emergencies come, he will always have funds to take money from and if not enough, he'll just have to add a bit more from his total assets. Emergencies can happen anytime without warning, being prepared is what can save you and your assets in tough times.
But on a different note though, everyone should always exercise setting aside money no matter how much every time he gets salary or profits so that when emergencies come, he will always have funds to take money from and if not enough, he'll just have to add a bit more from his total assets. Emergencies can happen anytime without warning, being prepared is what can save you and your assets in tough times.
Holding cryptocurrencies is easy as long as we invested our "free money" into it. We should have a mindset that we already "lost" that money everytime we invested to a coin. So we will able to hold longer for future profits. As long as we bought a good coin, the coin value will be more valueable in the future
and even then if the coin being traded has a wide community and has the potential to provide large profits. as for otherwise, then it would be a waste to hold back no matter how long. even a price drop will occur if one owns the coin.
for this free money, I am interested in agreeing with you, even though such a thing is not stated in the trading rules. besides not guaranteeing when to get free money you mean, and very minimal income.
It’s not just about discipline, and not so much about discipline. If the question of profit was only about discipline, then, I assure you, all people would become as disciplined as possible.
But the bad news is that discipline alone is not enough to profit from hold. There is a much more important question: Does hold make sense at all? Are we on the cusp of a long bear market?
not yet!, we are not in the long bear market yet, we are still in the bull market!, don't worry, But the bad news is that discipline alone is not enough to profit from hold. There is a much more important question: Does hold make sense at all? Are we on the cusp of a long bear market?
just hold on to the altcoins that have been purchased, even though the decline is more than -50%,
you must continue to seek treatment, because in this pandemic the virus is very easy to attack the human body
We all have a level of discipline when it comes to HODling but that discipline is tested by the the level of challenges we face. Everyone has challenges, true...but the challenges are different for everyone, some more peculiar to others.
I had a conversation with a friend today who was excited that he was able to discipline himself, ignore the financial challenges he had and still was able to HODL his many altcoins without selling even when he had some pressing needs.
I agree that there will always be needs and challenges, but the big questions are?
Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
Every person has their unique stories as well as their reason why they commit such things. If one experienced an emergency situation that can be aided through finances, they can be found reasonable on why they are selling their holdings. On the other hand, discipline and perseverance to keep on holding requires a lot of strong will and smart mind in order for you to make it through. Holding can be a gift or a strategy but not everyone can do it or will do it due the FUDs dessimenated in the forum. If you really believe on a certain altcoin, you should strengthen your desire so that you won't break your grip on the dream you are trying to achieve. I had a conversation with a friend today who was excited that he was able to discipline himself, ignore the financial challenges he had and still was able to HODL his many altcoins without selling even when he had some pressing needs.
I agree that there will always be needs and challenges, but the big questions are?
Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
I will never judge someone who sold his holdings for his necessities. I don't think it's right to judge someone's decision to use his savings. We're all encountering different situations each day where we have to sacrifice even our savings or holdings and I see nothing wrong with that. Things will depend on one's situation and we have to respect every holder's decision.
Since we have no control over our upcoming uncertainties, it's right to sell your holding and overcome the bad situation. we're saving/holding for better days and at the end we meet the solution by selling out our holdings. The same rule goes with me, I won't hesitate to sacrifice my savings if facing any difficulties. The most important thing here is not to panic and not to make hasty decisions. Altcoins sometimes push investors hard and we don't know what to do. The best decisions are always made calmly. I currently do not own any altcoins and i am waiting for the right time to invest 
Making a rushly decision making will only lead you to lose your money, investment needs to
have a deeper knowledge within the venue that you are investing your mone.
Be patience and earn the amount that you are aiming out from this market, it's always possible
if you really believe from the project that you are investing.
I don't judge anybody for selling his coins. Trading is a very emotional business, especially if prices are rising or falling 20% in a single day. Sometimes it just gets to hard to say invested in a coin because we are afraid even more. Humans are herd any animals and like to follow the trend. Another situation could be that we need money and sell therefore some coins. In the end it will always be easier to criticise our decision after we know what happens to the price. We should cry after trades we sold top early.
absolutely true, and in fact there are no written rules that provide full rules for holding coins based on disciplinary rules. we trade almost on instinct and sometimes interfere with urgent and irresistible daily needs. however it's like you said that necessity will give us hard choices. and no matter how difficult the choice is, there is always something to be sacrificed.
it is no different from trading that is almost completely emotionally draining, a simple example: we need money in an urgent situation, and the price of coins in the market is correcting, as well as the coins that are currently held. Well, like it or not, it becomes a compulsion that encourages us to take losses. and let it pass so as to cause regret.
I think almost everyone feels it, including as a small trader like me.
I will never judge someone who sold his holdings for his necessities. I don't think it's right to judge someone's decision to use his savings. We're all encountering different situations each day where we have to sacrifice even our savings or holdings and I see nothing wrong with that. Things will depend on one's situation and we have to respect every holder's decision.
The economic condition of a person is uncertain selling assets to meet the necessities of life for me is a common thing. Assets are savings, when we are in difficult conditions, assets can help our lives, and this will be the first step to set our feet on the next success. especially if we place the right assets, so that they have good growth, so that we get a profit from our asset savings Hopefully, we can fill our daily needs and if we sell our coin, we can have a chance to sell at a high price, so we can have more money to prepare for our lives.
Nobody knows this, so the investment portfolio must be diversified.
Bitcoin is very popular right now, so the price should not fall below $ 20,000.
The most important thing will be determined by the time until which you plan to store coins.
The ideal time is Bitcoin halving.
Bitcoin is very popular right now, so the price should not fall below $ 20,000.
The most important thing will be determined by the time until which you plan to store coins.
The ideal time is Bitcoin halving.
It’s not just about discipline, and not so much about discipline. If the question of profit was only about discipline, then, I assure you, all people would become as disciplined as possible.
But the bad news is that discipline alone is not enough to profit from hold. There is a much more important question: Does hold make sense at all? Are we on the cusp of a long bear market?
But the bad news is that discipline alone is not enough to profit from hold. There is a much more important question: Does hold make sense at all? Are we on the cusp of a long bear market?
I will never judge someone who sold his holdings for his necessities. I don't think it's right to judge someone's decision to use his savings. We're all encountering different situations each day where we have to sacrifice even our savings or holdings and I see nothing wrong with that. Things will depend on one's situation and we have to respect every holder's decision.
The economic condition of a person is uncertain selling assets to meet the necessities of life for me is a common thing. Assets are savings, when we are in difficult conditions, assets can help our lives, and this will be the first step to set our feet on the next success. especially if we place the right assets, so that they have good growth, so that we get a profit from our asset savings 
The most important thing here is not to panic and not to make hasty decisions. Altcoins sometimes push investors hard and we don't know what to do. The best decisions are always made calmly. I currently do not own any altcoins and i am waiting for the right time to invest
I will never judge someone who sold his holdings for his necessities. I don't think it's right to judge someone's decision to use his savings. We're all encountering different situations each day where we have to sacrifice even our savings or holdings and I see nothing wrong with that. Things will depend on one's situation and we have to respect every holder's decision.
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
What is more important than life?
I have never been in a situation like this but if I was in a life-threatening situation and
liquidating all assets was the only solution then I would never hesitate to do so.
Problem solved and start looking for new challenges
I personally, if I need money, I don't hesitate to sell my assets, especially if my assets were purchased from deposit money, I will sell my assets to solve my urgent needs, on the other hand, if I get crypto assets for free, maybe I will think twice if I want to sell them. selling only 1/3 only not more
In managing finances, don't measure our finances with other people because everyone's finances are different
In managing finances, don't measure our finances with other people because everyone's finances are different
We all have a level of discipline when it comes to HODling but that discipline is tested by the the level of challenges we face. Everyone has challenges, true...but the challenges are different for everyone, some more peculiar to others.
You are right. Holding can be quite challenging. Especially when the market becomes very volatile or some events take place that will affect the market. Bearish market also tends to break some people.I had a conversation with a friend today who was excited that he was able to discipline himself, ignore the financial challenges he had and still was able to HODL his many altcoins without selling even when he had some pressing needs.
Good for him. He had extra money lying around which helped him not to sell his coins. That is not always the case though.I agree that there will always be needs and challenges, but the big questions are?
Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
There is nothing to judge. You don't have to keep holding. If you need money and you have no other options but to sell your coins, then sell it. No need to make things more complicated than it is. I would avoid taking unnecessary help (borrow) from anyone. It would become more of a nuisance to return those money. Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
Definitely not. I won't judge anyone who sold their holdings at a loss. In every action, there is a reason behind them and we never know what it is and why he sold his holdings.
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation?
I always consider selling my holding as the last resort but if it is actually needed I won't think twice or hesitate to sell them. Money comes and goes, what we lost today, we can earn them in the future.
Or will you wait for help from above or somewhere else?
Do act accordingly. It will not rain money if you are waiting for help from above.
We all have a level of discipline when it comes to HODling but that discipline is tested by the the level of challenges we face. Everyone has challenges, true...but the challenges are different for everyone, some more peculiar to others.
I had a conversation with a friend today who was excited that he was able to discipline himself, ignore the financial challenges he had and still was able to HODL his many altcoins without selling even when he had some pressing needs.
I agree that there will always be needs and challenges, but the big questions are?
Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
I had a conversation with a friend today who was excited that he was able to discipline himself, ignore the financial challenges he had and still was able to HODL his many altcoins without selling even when he had some pressing needs.
I agree that there will always be needs and challenges, but the big questions are?
Will you Judge someone who sold his altcoins in the face of a situation
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
In the face of a life threatening situation that finance is the solution to, will you still hold on to your coins knowing that liquidating some or all will get you out of the situation? Or will you wait for help from above or somewhere else?
I don't think that holding sometimes is good in my personal opinion, if you are familiar with technical analysis you would know that holding for a long time is not working every time. Sometimes you need cut losses and find a good spot where to start buying again but not all people have the same strategy some people prefer to hold for a long time rather than cut losses.
Jump to: