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.
...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 event of financial problems in real life, you need to use any legal method to solve it. I know many examples of other people selling their cars and homes urgently for a song to solve financial problems. And if such a way to solve the problem is to sell altcoins, then I will not hesitate to sell the amount that is required.
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 don't really understand why some of us will take HODL as a do-or-die thing. To me, Cryptocurrency is an Investment for me so that I will be able to have or make some profits to resolve some issue that might arise along the way or I can HODL till when it is really convenient as in, when the market is going in to bear, I would sell to stable coins. 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?
As I said, I don't understand why I can't or won't sell what I have to settle my affairs, I personally am in this position right now and have sold some of the Alts to solve some problem, what happens if I HODL and of the Life-threatening situation, what next?
I suggest you not hold altcoins for too long because in my opinion not all altcoins can provide a lot of profit, altcoins have a very high risk if they are durable, only altcoins that have the potential to make a profit even though there is no guarantee because no one knows when the price will be rose, as did the price of Dogecoin.
That is right, it doesn't always mean that you will make a profit from HODL. It depends on what coins are in your wallet, and the question is which one, or which coins, will be profitable over a period of years, it is hard to say due to no noe knows the future. The most secure way is nothing more than long term holding BTC. 
It is vital to be able to discipline ourselves about our investments. We face every kind of challenges in bull markets and bear markets. It is very important to act as correct as possible. Otherwise, we can be really sorry for what we've done.
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?
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 sell my tokens when I feel like and do not care what anyone says. Why should anyone listen to jeers and boos from people who can not help them solve some financial problems trying to sell their tokens. If the tokens are yours, they are yours to decide what to do with. There should be no shame deciding what to do with your tokens. But if the situation is not a life threatening one and you can get solution elsewhere without selling your tokens, then do not sell. Allow the tokens to appreciate.
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?
Its their choice and I cant blame anyone for doing so. We have our own reasons why we invest on altcoins and its up to us whether to sold it earlier or hold for long term. I dont mind what others has to say or do with their assets, as long as they're doing the same towards me.which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
We know better whats best and if you sell regardless of the reason then its your choice. We can freely do what we want but dont forget whats more beneficial to you, thats why it depends on how you look at alts as an investment so think before letting go your alts.
Challenges are part of our daily lives and the way we deal with the matter as regards our finances, our altcoins holdings are our assets, and what I mostly do is have emergency savings in that way I will not have to touch my digital assets. As you rightly said every individual with his or her peculiar challenges.
if what is invested in altcoins is an advantage, of course you can be disciplined and can hold altcoins longer to wait for the best price. but we are back again in real life which has many needs, of course it is very difficult especially if people do not have a steady income.
I myself often issue altcoins that I have because of my real life needs. this is a last resort if no help comes from elsewhere.
it is me in my own way, and different from other people. because everyone has their own solution to get out of their financial problems.
I myself often issue altcoins that I have because of my real life needs. this is a last resort if no help comes from elsewhere.
it is me in my own way, and different from other people. because everyone has their own solution to get out of their financial problems.
Of course, we can't judge anyone as an indisciplined person when they decided to sell their assets in this bear market. We never know what they face and we don't know their consideration. One thing that I could say about the situation that you've been asked, I will try to find another alternative first, but if it's not possible then my final way is to sell my assets even when it's cheaper than it should be and I don't care what other people say because every decision I take will be made based on every aspect related in my life and it should be thought really carefully.
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First, I pray God will not allow any one of us see a life threatening problem.
And to add to the discussion, from my own personal experience, I won't see any one who decides to liquidate some of his or her crypto asset to solve a challenging problem as weak hands, I mean Ive been there before several times and I understand what it feels like, mostly those who claim to be diamond hands are 99.9 percent of those who have a well paying job or business outside crypto, they see crypto as a way of saving money for the future, this set of individuals will hardly see any reason to sell or liquidate part or all of their crypto asset when faced with a financial problem because they already have a good amount of money outside crypto to use in solving that problem.
This is why it's very important for us all to try and have a paying job or business out side crypto as this will help us not to depend on our crypto investment to survive.
And to add to the discussion, from my own personal experience, I won't see any one who decides to liquidate some of his or her crypto asset to solve a challenging problem as weak hands, I mean Ive been there before several times and I understand what it feels like, mostly those who claim to be diamond hands are 99.9 percent of those who have a well paying job or business outside crypto, they see crypto as a way of saving money for the future, this set of individuals will hardly see any reason to sell or liquidate part or all of their crypto asset when faced with a financial problem because they already have a good amount of money outside crypto to use in solving that problem.
This is why it's very important for us all to try and have a paying job or business out side crypto as this will help us not to depend on our crypto investment to survive.
being diamond hand DOESN'T mean stupidly holding by not regarding any problem you face, what most of people meant by weak hands in holding are those people who just follow the pump and dump scheme and fall into the trap not because they are in some financial problem but because they are being too greedy and can't endure the dumping.
If the problem is life threatening as you mentioned, and liquidating your asset could save you, it's a no brainer that you should do that, you can earn money any other time but if your life or well being is in danger, I doubt you can earn money the other day.
If the problem is life threatening as you mentioned, and liquidating your asset could save you, it's a no brainer that you should do that, you can earn money any other time but if your life or well being is in danger, I doubt you can earn money the other day.
Diamond hands does mean holding no matter what though, and there is a fine fine line in crypto between stupidity and foolishness, or smart patience. Bitcoin proved diamond hands to be the latter but we can never really know until we get the wisdom of hindsight:)
I have been diamond bag holders for too many alts to count, for example:)
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
what becomes difficult is when what we use is saving money that we must use when the money for our needs runs out. we are forced to sell the asset and exit the investment with a small loss or profit.planning doesn't always go well. because we have to see how our condition will be in the future with the assets that we continue to hold.
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
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?
Basic question. No. Money is still money. Life is more important than it. 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?
Again, no. You have the capability to help yourself or help your family in a life-threatening situation so take it out, sell it.
Remember, there will always be a way to make money again and invest with new altcoins, or if you want you can buy it back someday.
If you are not breathing anymore, can you still do that?
I won't suggest loans too, because you are digging your grave slowly by doing that. Use whatever you have when it's needed even if it's for food on the table or the bills that need to be paid.
Discipline will always be there. It's just that our challenges don't come in the same way either. For me, money is nothing if you will chose to hold it and make it grow. It should be use wisely in times you need it the most.
I have a big respect to the holder's decision if they want to sell there coins over market condition or they stick to the plan to hodl coins for more years. Different strategies has different ways of earnings so focus on what coins you have in order to succeed better earnings over time.
being diamond hand DOESN'T mean stupidly holding by not regarding any problem you face, what most of people meant by weak hands in holding are those people who just follow the pump and dump scheme and fall into the trap not because they are in some financial problem but because they are being too greedy and can't endure the dumping.
If the problem is life threatening as you mentioned, and liquidating your asset could save you, it's a no brainer that you should do that, you can earn money any other time but if your life or well being is in danger, I doubt you can earn money the other day.
If the problem is life threatening as you mentioned, and liquidating your asset could save you, it's a no brainer that you should do that, you can earn money any other time but if your life or well being is in danger, I doubt you can earn money the other day.
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.
Lol if you are a Hodler you don't have to worry about your investing because the real Hodler invested a money that he can allowed to risk meaning excess funds that can be taken for granted for long time.Quote
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.
This is what i was telling , that if we are a hodler , the funds that we will put inside are the amount that we can think of already lost, which means even if we face financial issue in real life, the investments inside crypto will not be part of that burden.Quote
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 care nothing , and why would i Blame them ? its their funds then they will decide about that. 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?
Basic question. No. Money is still money. Life is more important than it. 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?
Again, no. You have the capability to help yourself or help your family in a life-threatening situation so take it out, sell it.
Remember, there will always be a way to make money again and invest with new altcoins, or if you want you can buy it back someday.
If you are not breathing anymore, can you still do that?
I won't suggest loans too, because you are digging your grave slowly by doing that. Use whatever you have when it's needed even if it's for food on the table or the bills that need to be paid.
In addition to discipline, experience and spare funds beyond established altcoins are also important. I see people going all in for one crypto will cut their losses because he wants to invest in another crypto with higher returns. People who have a lot of money to spare can also ignore the money they have bought for long-term holding. They have more money so their mind is better.
Those who have experienced a bear market will have a different way of holding than newcomers because their psychology is stable, they are more experienced.
Those who have experienced a bear market will have a different way of holding than newcomers because their psychology is stable, they are more experienced.
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.
Altcoins are risky and more speculative assets than Bitcoin. They are more risky than fiat currencies as well. If an investor invests in altcoins, the worst thing to do is use all capital for altcoins. It will be more terrible if chosen altcoins are shit coins or shit meme tokens. They will die very soon. Dogecoin is different because it is an old meme altcoin. The new meme tokens are born in this year will lose their price soon.Another rule for hodlers. Withdraw their cryptocurrencies to non custodial wallets. Hodling relates to long term and store your crypto on exchanges too long is not good.
I will usually see price movements or see the latest news, some of my friends who are connected to the pope always have info for the future. Following them makes me able to minimize losses, The most important thing in trading is profit, no matter even if it is only 1% because taking more profit could be greed.
I never judge anyone, they are decided it for better thing. I did the samething, by sell in loss if I need money for urgent situation. But if dont need money for urgent, I keep decided to holding. The samething that I did on 2018 when asset crashed to above 90%, Iam decided to keep holding it because I understand the future of cryptocurrency and blockchain technology, whic the real use case is increased in every years. I try to keep patient to holding because I dont want to stay poor.
I will never try to judge him. It's his decision and he has his own reason to sold his altcoin hodling. He has spent it for his own way and we have no right to judge it. his money and his decision and that's more than enough to explain anything. If he was making a bad decision and what we can do to learn from the decision that already taken by him.
that's enough
that's enough
when it comes to someone's life, of course I prefer to sell altcoins rather than having to look for other income that doesn't necessarily meet needs, investing in altcoins is what it's good for to meet emergency needs that can happen to myself or family at any time.
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It depends on what you‘ve bought. If you buy Bitcoin, you shall not panic sell. Not a financial advice.
Then stop replying post like that because it's a financial advice.
Mistakes in trading varies on the perspective of people seeing it because we have different style and preferences in trading. The golden rule here was its ok to sell your coin when you are in profit. Some people forgot this logic that's why most of there trades results in loss due to uneducated holding of coins.
It depends on what you‘ve bought. If you buy Bitcoin, you shall not panic sell. Not a financial advice.
I prefer to split this question into 2 parts.
If the hodler spends his altcoins on the purchase of those items or real estate, without which he can live. For example a new car.
If the hodler spends his altcoins is not the problem that needs to be solved now. For example, health problems.
In the first case, this is bad.
If the hodler spends his altcoins on the purchase of those items or real estate, without which he can live. For example a new car.
If the hodler spends his altcoins is not the problem that needs to be solved now. For example, health problems.
In the first case, this is bad.
Don't have other sources of income that you can use? because initially investing or becoming a holder is in the long term. I believe there are other alternatives so that the altcoins held are not simply sold at the expense of low prices.
Be a person who thinks for the future, because whatever it is, it's a shame if the altcoin you own has the potential to earn big profits.
it's about patience, and a deal in self-discipline to manage finances.
There are instances in life which do give us no other option left but to sell out even with cheap prices specially if in talks of our daily living expense or simply you just want to sell out on a particular price even though the coin had been held does have the potential which is really a waste but since market is always Be a person who thinks for the future, because whatever it is, it's a shame if the altcoin you own has the potential to earn big profits.
it's about patience, and a deal in self-discipline to manage finances.
not guaranteed and unpredictable then its better not to regret at all because as long you do make out profit then that what surely counts.
Challenges are inevitable but doesnt mean that we do easily quit and better to find up ways than on giving up.
Let me begin this way; when you need money what do you do if you have it? You access it and you use it. Yes, holding is very good and always encouraged but not when one is faced with situation which he see no way out, remember it is someone who is alive that will hold, it is also someone who is healthy that will think straight and make better decisions about holding.
So in my own personal opinion, holding doesn't always involves discipline all the time because there are situation which one might face and he will throw discipline to the mud and sell his assets to sort himself out. On the other hand, most people held many tokens which later turned to dust, what if the person sold those tokens in the early days and make profit before it turns to dust, will the person still remember there is anything like discipline holding?, I guess not, rather he will call it being smart.
So better still, it is wrong to say someone who sold his assets to take care of life pressing issues isn't discipline enough, because if he have other ways to sort it out, he will.
Lastly, I think if one have an issue, it is better to sell than looking for where to borrow from when it is clear some will even attach interest or ask for collateral.
So in my own personal opinion, holding doesn't always involves discipline all the time because there are situation which one might face and he will throw discipline to the mud and sell his assets to sort himself out. On the other hand, most people held many tokens which later turned to dust, what if the person sold those tokens in the early days and make profit before it turns to dust, will the person still remember there is anything like discipline holding?, I guess not, rather he will call it being smart.
So better still, it is wrong to say someone who sold his assets to take care of life pressing issues isn't discipline enough, because if he have other ways to sort it out, he will.
Lastly, I think if one have an issue, it is better to sell than looking for where to borrow from when it is clear some will even attach interest or ask for collateral.
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?
which he did not see any way out of financially other than to liquidate some assets as not disciplined enough?
Why need to judge poeple, their money is their decisions, loss or profit he will take for himself too.
I always take some loss if i need urge with my real life, but i always make sure just to take what i need, not cash out all of it.
I think different people have different strategies, just dont be rude of it.
Don't have other sources of income that you can use? because initially investing or becoming a holder is in the long term. I believe there are other alternatives so that the altcoins held are not simply sold at the expense of low prices.
Be a person who thinks for the future, because whatever it is, it's a shame if the altcoin you own has the potential to earn big profits.
it's about patience, and a deal in self-discipline to manage finances.
Be a person who thinks for the future, because whatever it is, it's a shame if the altcoin you own has the potential to earn big profits.
it's about patience, and a deal in self-discipline to manage finances.
Important questions, often I sold Bitcoin when I need it in real life. But for altcoin, I do not. For example, currently holding a few altcoins that dumped 2x from by bought price. But still, I do not sell it even I need money in real life. I manage it from another source. If you do not have another income source out of trading then it's quite complicated to encounter the challenge. Before that judgment, I will say, do not invest more than you can afford to lose. This means you will able to face any challenges in case of the dump. But yes, you selling it at loss mean you failed to manage that challenge. And of course, you are not disciplined enough if you need to liquidate some assets during the bear market, which means when you are at loss. If you were disciplined then you won't invest all of your liquid in an altcoin.
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 no written rule that says we should put aside our pressing interests and try to let go of our hold on altcoins. it is the rule made and determined by each individual.
so considering the urgency of the need I think everyone will do the same thing as he did. i.e. ending the Hold and breaking the rules made by yourself.
maybe it can be said to be undisciplined, to be honest, we've all been in that position.
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?
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