HODLing is by far the safest thing you can do in this crypto business. But then the query is, for how long can you keep on holding onto the coin as the market falls. while you are seriously in need of money. and the coin you holding is falling and has no since of rising soon. Personally, i am not discouraged by the market. Hence, the reason why i find it necessary to do day trading with my coins each day than Hold onto them till the show 200%+ price increase.
Holding will very beneficial for your future and its huge profit will give you many opportunities in future, but some people sell their bitcoin for their urgent needs and that's why they lose their profit but they know about bitcoin so they didn't want to sell their all bitcoin and they hold it for long term because long term investment is most important for future and that,s why people should hold it.
I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged. I have great hope that bitcoin is going to increase in price and volume in some years to come.
Nice motivation but My will add more
1. Hold if your capital investment
Do not panic stay calm as you invest and wait
3. Buy low
4. Sell High
Note that every changes and every value change because of us rge holder and the investors and fee because of the use exchange that is the reason why.
5. panicking is not the best option.
6. Understanding is the best one to do and to pick.