Topic: Do you want to live a peaceful life? Without drama? Then HODL and enjoy the ride (Read 463 times)

Its never been easy since from the start since we know on how volatile this market is thats why whenever news and fundamentals is something around then it cant really be avoided for you not to make
out any reactions in times where the market do really make out some movement which would really boggle up your mind and its not something a drama but rather those typical reactions for someone to do so into this very speculative market but if  you are really that determined on sticking with your position or target then you wont really be bothering yourself with the current trend.
To those people who had accumulated coins on 26k are indeed making profits in a short time.

Holding any asset that has high volatility will not be easy. Rapid price changes will put our psychology at play. Holding bitcoin is indeed the best choice for the long term. Even though it has high volatility, bitcoin guarantees that it will continue to reach its highest price. But, even so, entering at the right time will provide more profit, it is necessary to do an analysis to be able to buy at a lower price.
Holding and forgetting may be easy to say, but it will require psychological strength and believing that bitcoin will be better.
enjoy the journey, holding until the target price is reached.

Congratulations man, seriously! I got in some year later and since I'm not good trading I prefer to hodl as well, but it's always a very bumpy ride, many people have no idea what hodling really means, there is a lot of stress anyway in some situations but at the same time I feel good because I believe in bitcoin and I know it'll get always better and better. But again, it's not easy 

If I've known Bitcoin since 2013, I'm sure that I've already sold some of it during the first bull run last 2017. I admire your patience and to be honest, not everyone has the courage to wait for almost a decade. In some cases, holding and being patient is the key to success. I'm sure that if Bitcoin would strike higher, your patience will pay off.

This is the truth but I think that anyone that believed that holding bitcoin was going to be easy to hold were mistaken from the beginning, the only asset that is easy to hold for the long term is one in which there is no volatility and it remains static, however while that is easy you will be losing purchasing power due to the inflation, bitcoin is volatile but over the long term it has an upwards trajectory, so while it is difficult to hold it we know it is the right thing to do se we can protect ourselves from fiat currencies and their inflation.

You should always be hopeful about bitcoin, I have been holding for a few years myself as well and I can say that this drop means nothing to me as well. It could become 10k dollars and I wouldn't care, it's not about where it drops it's about where it goes up in the future that matters to me.

I have zero doubt about the price going up, which is why I really believe that we should not be considering the situation as a bad thing, in fact if you buy more right now I am 100% sure that it will go up a lot in the future so why not get some right now? This is the type of trust I have towards crypto, I believe that it is always looking good and should always be supported.

If you have not sold a Satoshi since 2013 till date that is around 9 years and quite a longtime to hodl and not tempted to sell at the ATH. This is really to be applauded but my question is how have you managed to survive with not selling? Despite you earn from signature campaigns and you also have kept all to date, you must be very rich at this time because of the appreciation of bitcoin over the years.

Ever since 2013? Wow! How much was Bitcoin then? About $ 100? Imagine that. I don’t know if there were any signature campaigns back then, but imagine earning half a bitcoin, or even a whole bitcoin, in a week in sig. campaign. That would be ridiculous, right?


That. Many people forget this fact. For every bitcoin you sell today, you will regret it tomorrow.

I hope I have known crypto back then but I guess even if I did I wouldn't be able to HODL just like you.
Congrats on your profit from holding for almost a decade now and I hope to see Bitcoin recover soon.

everyone believes that bitcoin is a very valuable asset in the future, almost everyone in every country has entered the bitcoin world, and has invested in bitcoin, everyone wants to live in peace, then hold bitcoin, and enjoy the journey, I always invest long term , because if I make long-term investments I don't have to exhaust myself, because I get fantastic profits when I make long-term investments.

Sometimes being a holder is a difficult task because the temptation is there especially if the market is in bull seasons and taking profit is just click away in our computer or phone's app. I believe that time is only our hope to become successful in this industry and just being patient we will make our dreams come true just by believing in bitcoin and the power of holding.

Life, life gets interesting when there are dramas. That's story for another day.

I wonder if there inst any drama at the moment, with hodlers seeing the market go bearish, very seriously and unexpected. For some reasons, many are left to believe its just a strategy buy the whales to create a selling opportunity. Giving new hodlers the reason to rush for a sale in order to save profit or to cut there loses.

But that isn't the idea of hodling is it? A true hodler is one who's hodlings have or is ready to hibernate through the bearish season and even tsyas frozen in the bullish market until it is necessary for enjoyment of investment, although that goes for ROI or some other strategy to it.

Some of us understand the importance of HODLing your Bitcoin assets but what you just explained here is the reason some have not been able to do so not because they don't want to. I remember a post here some time ago that talked about how easy it was for the "Rich" to get richer in terms of BTC investment because they can afford to hodlin whatever situation since they have buffer finance for other things, unlike the "poorer" categories. It takes a lot of dedication for investors like OP to continue to HODL regardless of some of the ATHs we have seen in the market.

HODL really depends on the financial status of every individual, for example someone with 1000 dollars in their bank account can't follow the same strategy as someone with 500K in their bank account but the purpose is to accumulate more money for that you need to buy low and sell high, if its possible to keep holding on every situation then its good but there are also people who like to play short hands on every wave.

Its a must thing but it cant really avoided for you not to panic on the time you do really watch the market on how it moves or in overall situation.How about into those people who had bought on peak or ATH price of 69k?
For sure most of them had already long time cut their losses but there are still people who had still been holding and its amazing on how they do really control out theirselves despite of the stress that it gives
knowing your investment is really on that big negative. If you are really that minding about long term aspect then you would really not panic even into these bearish times.

That should always be the motivation if you aim for long term hodling, not to be bothered by its price volatility and all the market's highs and lows that will make the market always unpredictable. Good thing if you stay and focus on your goal, because in the end you will be gaining the highest advantage from not selling your coins. Not all people are capable for long term hodling, because even if we think its less risky than trading, but still hodlers could sometimes get panic too if they see that their investments are not working anymore. The reason why long term hodlers should have more patience and courage above others.

Some people don't still trust bitcon, if their is Slight drop in bitcon price, most people just panic and sell. Have been holding bitcoin for years now and I don't even care if the price is going up or dropping, the only thing I do now is that whenever am having extral funds that I won't be using for now I still use it to accumulate more bitcon because I believe the price is still very low and I believe lot's of people will still regret why they didn't buy at the current price.

I support what you do especially you are someone who has been in Btc for a long time and you decide that of course with faith in btc and I admire what you do.
This is a good move because what's the point of letting go if it's a good thing.
you've felt something worse than this before so it's no wonder you're pretty relaxed now and a lot of people should be doing the same

It is an individual thing, but the things is this, it is a currency, as in a medium of exchange that can be used to make purchases here and there in places where it is already being accepted, it is also an asset for speculation on the price, it is up to you the individual to make up your own mind on how you choose to use it. And nobody is actually claiming to hodl for life, there is quite a lot of prospects with Bitcoin, first of all it is a long term project that is still a long way from harnessing its potentials, thus for speculators they have to wait for the long run to really make great ROI, that 'long period' isn't technically holding for life, it is just that there are a lot to come with the network, but everything still boils down to the individual, you decide what to do, you shouldn't even take advice from anyone in the first place.
All of these are actually great, and no one can fault you for that, this is how a lot of people use their Bitcoins too, but we can't question how other people use theirs, if they are more into the long term, then great. For example even though i believe Bitcoin really has a great long term prospect, i can't really ask/force someone else to see that and hodl with me.
I am afraid this last part of your post is off-topic i'm sorry.

I completely agree, we have weaker hands and string hands in crypto market as of now, I hope as they sell their coins strong hands are picking them up for future hold, this market doesn't want 2 months investors who will keep making noise anytime there is a slight shift in price. Not everyone will take advantage of this opportunity.