After all, it's a very important lesson to know that HODL is purely a mental challenge. If you want to HODL correctly, you should know and pay attention to all the points mentioned above.
Some people tend to break every rule made in this world. Sometimes I cannot hold myself from saying something straightforward. My forum journey began with a question in mind, it was "Can I lock my Bitcoin in a wallet? I found a solution at the end. But the problem was, I was making money online and spending them online as well. I was thinking of saving my Bitcoin for the future. But most of the time I end up gambling my bitcoin in online casinos. So I was looking for a solution. Coinb.in was the solution. I already know that saying Hodl is not hard, but most of us cannot hold it. We fail because it's a mental challenge and sometimes we fail to ourselves.
I understand what you feel and most people fail to practice HODL, to be honest this is very difficult to do because the mental stress of Bitcoin price fluctuations can disrupt this strategy in an instant when you feel panic from a bleeding market or a freefall forming a new bottom , Most people lose, most people give up and most people stop and even lose because they can't practice HODL.
Please know, friends, to reach heaven is not easy, you have to fail and fail, but it is not impossible, you have to keep trying and keep trying so that you are able to do it and prove that you can HODL your bitcoin until the specified time.
As a conclusion we should keep in mind: most common mistakes of HODL are quick sales of our valuable BTC. So, we have to be aware and know that HODL is purely a mental challenge.
I believe...
In the future, technology will not be able to escape from what is called blockchain.
So bitcoin investment is a promising investment in the future.
The value continues to increase and the technology can definitely be utilized by humanity.
As long as technology still exists and develops, bitcoin will continue to exist, and holding bitcoin is a wise choice. Even though Hold is a mental challenge, I agree with that, but if we can get through it our future will be even brighter.
Indeed, holding has many temptations, so what we need to change our mindset and invest confidence in bitcoin assets. Indeed, holding looks easy and simple, but this strategy cannot be implemented haphazardly. So we have to go through various processes of analysis, mental and belief.
From what every Bitcoin adoption shows, most people use Bitcoin as a means of investing and maintaining the value of their money from inflation. Yes, maybe you are right that we will never be far from the future with blockchain and Bitcoin is the pioneer and also the king of all innovation. which is in the ranks of blockchains that have been developed to date. Deciding to hold bitcoin is a tough decision but the people who do it are very intelligent and have a strong mentality.