The temptation to HODL bitcoin when the price is falling is whether we will continue to hold it and wait for the price to rise again? How long? or do we cut lose?
The temptation to HODL Bitcoin when the price goes up, do we keep holding it until the price is even higher? or will it go down again? we are confused about what price to sell, too early we will regret it, too long the price can drop again
So HODLing bitcoin is about mental strength, long-term goals and good financial condition. Without it, I doubt I would be able to HODL
Hodl bitcoin is too difficult to think of, the bitcoin previously was at a better position of about 60k$, but with time to time, it was going down and now it is 28k$. So, I was telling that if someone was holding it at a price of 40k$-45k$, he should have to wait now. And his waiting is from the previous 8-9 months. If he sells now, he would be in complete loss which is not good for the trader at all.
So, I think trading need Hodl, and Bitcoin Hodler should need to be emotionally stable if he wants some decent profit, selling in the area where one are in loss doesn't make any sense. And also the bitcoin Hodler, should be the best Hodler if they Hodl it for a long term, instead of being in pain and sad and sell them in loss.