#HODLing is not a smooth journey | Bitcointalksearch.org

ultrloa

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Quote from: junder on February 04, 2024, 06:49:49 PM

Quote from: snowpega on February 01, 2024, 01:41:29 PM

It is obvious that holding is not easy journy as people take it because many time people have to face undesired market sentiments. Many time holder take wrong decision because they fall prey to FOMO through fake social media news. Many times they take impulsive decsion. The best thing is that if you are planning to play for long term stick to your plan because if you road off from your plan it will creat problems throughout your journey.

That's right, HOLDing is not an easy process, because I think it requires skills to be able to run it well, in other words it requires strong consistency, because as you said about the number of people who are victims of FOMO, there are cases, because who doesn't want profit, so they do it. But with this, I think we must be able to track well so that we don't take careless actions that will harm our HOLDing journey or process.

That's right, strong principles and consistency must be possessed, especially in making long-term investments, of course this is not an easy thing, in my opinion many people who do long-term HOLDing fail in the middle, where they start to get tired or waver. Therefore we must be smart, wise in selling the assets we have or do it at the right time.

Aside from skills and knowledge regarding on what they are doing people also need enough money to spend or back up so that they can make this HODL plan became successful since we know what might possibly happen there if they don't have enough financial capability and everything might be in negative position especially that they will be defeated in their emotion. That's why they need all of that to be prepared so their HODL journey became so smooth also they can able to let those balances stuck on their wallet since they have other balance to use for other activity that they want to participate.

I know some struggle to do HODL even if this is simple only but once they get a lot of knowledge thru experience they get here for sure there's a lot of people will participate and like the idea about to HODL their bitcoin.

bots1

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Indeed, HODL is easy to say but difficult to do, especially for beginners who are just getting involved in crypto investment. When using the HODL strategy, it is very necessary to be able to manage stable emotions in the face of market pressure. Not only understanding the market, but psychology is really needed because if we can't manage our emotions properly we will experience losses. Apart from that, when we HODL, use idle money because this is also necessary so that the strategy we have planned is not disturbed by our living needs.

junder

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Quote from: snowpega on February 01, 2024, 01:41:29 PM

It is obvious that holding is not easy journy as people take it because many time people have to face undesired market sentiments. Many time holder take wrong decision because they fall prey to FOMO through fake social media news. Many times they take impulsive decsion. The best thing is that if you are planning to play for long term stick to your plan because if you road off from your plan it will creat problems throughout your journey.

That's right, HOLDing is not an easy process, because I think it requires skills to be able to run it well, in other words it requires strong consistency, because as you said about the number of people who are victims of FOMO, there are cases, because who doesn't want profit, so they do it. But with this, I think we must be able to track well so that we don't take careless actions that will harm our HOLDing journey or process.

That's right, strong principles and consistency must be possessed, especially in making long-term investments, of course this is not an easy thing, in my opinion many people who do long-term HOLDing fail in the middle, where they start to get tired or waver. Therefore we must be smart, wise in selling the assets we have or do it at the right time.

usekevin

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Quote from: bettercrypto on February 04, 2024, 06:18:53 AM

If we are sure about crypto assets, I would agree that holdings are good in the long term, actually, because we can get a profit for sure in that matter. So of course, while we are holding a holding asset, we have a passage that we must prepare for.

Because this is where our patience, or being patient, is measured, when we are taken by what is happening in the market, if we pay attention to the fact that what is happening is a decline, it is possible that it will break or test our patience. We should not be taken by negative events in the market.

The traders should learn more about the cryptocurrency,then the trader can able get the money by just staking in the wallet.Because some of the experience traders use to earn money from the exchange staking and the holding of most potential coins.The traders should withdraw the coins with the profit,because when the market was changed the same profit will be reduced to the loss of money.

Quote from: Vinaa77 on February 04, 2024, 12:45:25 PM

If we believe that crypto currency will be able to develop well in the future then we will try to collect as much as we can in order to make a profit in the future and we must understand well the type of coins we will choose to collect and we must can hold it for a long period of time, as long as the asset we hold has potential of course we will not be affected by the price ups and downs that occur. We stick to the initial goal we have set to be able to generate profits in the future, if we choose to hold BTC of course we will not worry about the potential of the coin.

The trader who know the more about the cryptocurrency will know which coin will be the trusted one.Because the altcoin also made the many traders to the maximum amount as profit.One of my friend had brought the luxurious car using the profit money from the coin listed on the binance during 2019.So the trader should ready to analyse the coin before investing their money.

Vinaa77

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Quote from: Bitstar_coin on February 04, 2024, 11:58:01 AM

Quote from: bettercrypto on February 04, 2024, 06:18:53 AM

If we are sure about crypto assets, I would agree that holdings are good in the long term, actually, because we can get a profit for sure in that matter. So of course, while we are holding a holding asset, we have a passage that we must prepare for.

Because this is where our patience, or being patient, is measured, when we are taken by what is happening in the market, if we pay attention to the fact that what is happening is a decline, it is possible that it will break or test our patience. We should not be taken by negative events in the market.

It is believed that cryptocurrency will be more evolving in the future and perhaps holding any valuable coin will not be a bad idea. The ups and downs in between the hodl journey should not matter much as long as the assets will continue to be valuable.
Only when there is fear an asset can lose value in the future should holding be worrisome otherwise you just rest easy especially holding btc.

If we believe that crypto currency will be able to develop well in the future then we will try to collect as much as we can in order to make a profit in the future and we must understand well the type of coins we will choose to collect and we must can hold it for a long period of time, as long as the asset we hold has potential of course we will not be affected by the price ups and downs that occur. We stick to the initial goal we have set to be able to generate profits in the future, if we choose to hold BTC of course we will not worry about the potential of the coin.

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Quote from: bettercrypto on February 04, 2024, 06:18:53 AM

If we are sure about crypto assets, I would agree that holdings are good in the long term, actually, because we can get a profit for sure in that matter. So of course, while we are holding a holding asset, we have a passage that we must prepare for.

Because this is where our patience, or being patient, is measured, when we are taken by what is happening in the market, if we pay attention to the fact that what is happening is a decline, it is possible that it will break or test our patience. We should not be taken by negative events in the market.

Don't be so sure about your crypto asset, as in one of Coingeko's article they said that there are over 24k token listed on their website, and from that, more than 14k token are dead. From that 10k tokens, more than 50% are zombie tokens, which means they are listed in the exchange but no one is talking about or trading them. If this is true, then the number of guaranteed-profit projects isn't that high among the vast majority of altcoins. Though there are still a lot of projects to invest in, you need to have two experienced eye to catch them in the crowd.

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Quote from: bettercrypto on February 04, 2024, 06:18:53 AM

If we are sure about crypto assets, I would agree that holdings are good in the long term, actually, because we can get a profit for sure in that matter. So of course, while we are holding a holding asset, we have a passage that we must prepare for.

Because this is where our patience, or being patient, is measured, when we are taken by what is happening in the market, if we pay attention to the fact that what is happening is a decline, it is possible that it will break or test our patience. We should not be taken by negative events in the market.

Everyone is sure about their asset like that of bitcoin but they still feel distress when they see the price dumping because it is natural that people cannot bear the decline of their assets. There will be sometimes happy moments and sometimes a person mind will be totally changed because of market volatility but in such test those individuals will find victory who have patience while impatience people will not get anything instead of losing their own money.

Before investment everyone learn that alterations in price is normal then why they have miss concept about losing money due to lower price. I think long term holder will not Loss money due to low price but they will loss money due to lack of patience.

Bitstar_coin

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Quote from: bettercrypto on February 04, 2024, 06:18:53 AM

If we are sure about crypto assets, I would agree that holdings are good in the long term, actually, because we can get a profit for sure in that matter. So of course, while we are holding a holding asset, we have a passage that we must prepare for.

Because this is where our patience, or being patient, is measured, when we are taken by what is happening in the market, if we pay attention to the fact that what is happening is a decline, it is possible that it will break or test our patience. We should not be taken by negative events in the market.

It is believed that cryptocurrency will be more evolving in the future and perhaps holding any valuable coin will not be a bad idea. The ups and downs in between the hodl journey should not matter much as long as the assets will continue to be valuable.
Only when there is fear an asset can lose value in the future should holding be worrisome otherwise you just rest easy especially holding btc.

bettercrypto

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If we are sure about crypto assets, I would agree that holdings are good in the long term, actually, because we can get a profit for sure in that matter. So of course, while we are holding a holding asset, we have a passage that we must prepare for.

Because this is where our patience, or being patient, is measured, when we are taken by what is happening in the market, if we pay attention to the fact that what is happening is a decline, it is possible that it will break or test our patience. We should not be taken by negative events in the market.

EarnOnVictor

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Quote from: slapper on February 01, 2024, 01:07:20 PM

Quote from: EarnOnVictor on February 01, 2024, 03:36:18 AM

Quote from: JayTrain on January 30, 2024, 05:07:47 PM

I've been through a lot in the world of HODLing - from missed opportunities to anxieties over FUD and market downturns. Emotional resilience and learning from my own mistakes have become crucial lessons for me. Over the years, I've come to understand that HODLing is not just a strategy but a true art.

The HODLing is not as difficult as you guys take it, it is as a matter of fact the most convenient way of making investments so long as your choice of asset is good and promising. All you need to do is to set and forget, and it is even an investment inside investment, so it is not the usual way of investing as many people wrongly perceive it. If you are investing in the normal way, you could be having doubts, anxiety and fear, and this could force you to do what you never expected or planned for and will start regretting it later.

But that is for the mindset of those who do not know HODLing but believe it is a normal way of investment. If not, the asset would be bought and the value would be forgotten by the investor, be it bad or good. This is the way the shares holdings and stocks are purchased if one is a core investor, they do not bother about it for years if not decades regardless of how it buys or sells. By this, you will not be able to know whether or not it has appreciated much to the extent that you would be tempted to liquidate it which might cause regret if you later see it far above your liquidation price. I think this mindset has to change for people to enjoy their HODLing, especially in cryptocurrency.

Seriously? Set and forget ? If only it were easy. HODLing sounds easy when you're winning, but it's more than picking a winner and waiting for the prize. The economics behind Bitcoin's massive growth are key. Not a passive income scam, but a decentralized financial revolution

Yes, seriously, but this is not compulsory, and one thing that matters is whether you want to HODL your asset or you just want to invest it in some regular kind of way. What I tried to explain there is just for people to know the difference between the HODLing they are lousy about but are not actually practising, and the normal investment they are practising which they often mistake for HODLing. HODLing is a serious set-and-forget plan for cryptocurrency, and it is just like what the core ardent fans of Bitcoiin are practising.

They might leave it for 5 years, or 10 years, they do not care whether it is buying or selling, they only care about their belief and trust in the coin. So if anyone does not have the mind, they shouldn't HODL, it is not by force, they can just invest as a regular owner of Bitcoin where they can get to move in money when they know it will buy and move out money when they know it will sell. Just like how we are expecting the halving and people are moving in their money, and when it is in 2025, some people will move out their money, that is a different ballgame. Like me, 75% of my Bitcoin is for the regular investment that most people practice, but the remaining 25% is for HODLing.

ancafe

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Quote from: Bitstar_coin on November 19, 2023, 02:30:55 PM

#HODLing is not a smooth journey, do you agree? Grin

Totally agree, it is mostly easier said than done for most investors. I personally can recall the different juicy opportunities I have missed to really make it big in this space as a result of a lack of patience to HODL. Especially those early days in crypto when you barely understand the market and easily get freaked out with every FUD and market dip.

Holding talked about how someone has a strong mentality and is not affected by events that make Bitcoin experience price shocks. But now many people are starting to realize that Holding is one way to make big profits on bitcoin. This method plays a sharp psychological role and the only people who can survive are those who really understand the bitcoin journey process.

Conditions of market chaos caused by market sentiment (FUD) can affect people's mentality so that they look for loopholes in cutting losses in conditions of decline caused by panic. In fact, the key to Holding is just to be calm and wait until the price reaches what we want, or in other words, wait for the next ATH.

Quote from: Bitstar_coin on November 19, 2023, 02:30:55 PM

Experience is the best teacher they say and I believe the majority of us are more experienced and mature over the years of being in crypto.

What is your view on #Hodling Guys?

Maturity grows after we go through many things and it is rare for people to be mature if they are not directly involved in bitcoin. Because when we are in it there are many things we witness and any event will mature our thinking to continue to develop. Buy and Hold bitcoin because we will be winners and that is how people invest.

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Quote from: JayTrain on January 30, 2024, 05:07:47 PM

I've been through a lot in the world of HODLing - from missed opportunities to anxieties over FUD and market downturns. Emotional resilience and learning from my own mistakes have become crucial lessons for me. Over the years, I've come to understand that HODLing is not just a strategy but a true art.

quite the poet right there but from my point of view, holding is all about emotion control and also going against our pessimistic nature, when im holding huge chunk i can't stop thinking about the worst scenario, its one of the reason my percentage of holding always fails, too much thinking about the worst scenario that might happen if i don't take action know for example is when the price suddenly dipping then i would always have that thinking about cutting my lose maybe i can save myself from losing too much in the future but surely such thing is a decision heavily influenced by unstable emotion.
i think the best strategy for holding is just earning and saving money, put it into certain coin that are for sure and obvious enough gonna grow, then leave it for years and thats it, no need to be mentally exhausted looking at the price chart everyday.

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Quote from: slapper on February 01, 2024, 01:07:20 PM

Quote from: EarnOnVictor on February 01, 2024, 03:36:18 AM

Quote from: JayTrain on January 30, 2024, 05:07:47 PM

I've been through a lot in the world of HODLing - from missed opportunities to anxieties over FUD and market downturns. Emotional resilience and learning from my own mistakes have become crucial lessons for me. Over the years, I've come to understand that HODLing is not just a strategy but a true art.

The HODLing is not as difficult as you guys take it, it is as a matter of fact the most convenient way of making investments so long as your choice of asset is good and promising. All you need to do is to set and forget, and it is even an investment inside investment, so it is not the usual way of investing as many people wrongly perceive it. If you are investing in the normal way, you could be having doubts, anxiety and fear, and this could force you to do what you never expected or planned for and will start regretting it later.

But that is for the mindset of those who do not know HODLing but believe it is a normal way of investment. If not, the asset would be bought and the value would be forgotten by the investor, be it bad or good. This is the way the shares holdings and stocks are purchased if one is a core investor, they do not bother about it for years if not decades regardless of how it buys or sells. By this, you will not be able to know whether or not it has appreciated much to the extent that you would be tempted to liquidate it which might cause regret if you later see it far above your liquidation price. I think this mindset has to change for people to enjoy their HODLing, especially in cryptocurrency.

Seriously? Set and forget ? If only it were easy. HODLing sounds easy when you're winning, but it's more than picking a winner and waiting for the prize. The economics behind Bitcoin's massive growth are key. Not a passive income scam, but a decentralized financial revolution

The Bitcoin ecosystem is complex and brilliant, but your vision simplifies it. It's the future of money, not merely a investment inside an investment. Real HODLers believe in Bitcoin's core value and its capacity to reinvent wealth, not forgetting its value. They endure the storms because they know why Bitcoin matters

HODLing is informed patience, not ignorance. An in-depth understanding of market cycles is needed, not just hoping. Success in this arena requires understanding the delicate balance between volatility and long-term value. Yes, the nervous and scared may fail, but the steadfast, armed with information, will see a new financial age

On the time that you are seeing your portfolio is on deep reds then pretty sure you would really be having that itching hand on trying out to sell your assets or coins because you do have that thinking that their
prices might go to zero, and this is where panic selling would really be happening on which this is something casual. Holding is never been an easy journey on which it might really that sound so simple
but actually doing it and trying out to sustain yourself into those tons of challenges that you would meet along the way is never been that easy. You would be finding out for yourself on what are those things.
If you arent that emotionally stable and having that kind of discipline on sticking into your goals and targets then most likely you would really be failing on.

This is why it would really be always best that you should really know on what you are doing because if you dont then you cant really be able to achieve on what you are trying out to achieve on.
Dealing with this market is never been simple even if it means that you are just that holding your coins into those future years to come.

Unbunplease

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Before you start hodling, you need to clearly understand what you are going to hodle and to what price you will hodle it. Perpetual hodling is a sure way to lose. Sooner or later the value of your asset will become zero. Therefore, try to sell your asset in time

snowpega

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It is obvious that holding is not easy journy as people take it because many time people have to face undesired market sentiments. Many time holder take wrong decision because they fall prey to FOMO through fake social media news. Many times they take impulsive decsion. The best thing is that if you are planning to play for long term stick to your plan because if you road off from your plan it will creat problems throughout your journey.

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Quote from: AirtelBuzz on February 01, 2024, 12:16:33 AM

I still think and believe that holding is much better than trading.

It really is.

Quote from: AirtelBuzz on February 01, 2024, 12:16:33 AM

I feel less pressure in holding than trading. But holding is also not an easy task as it requires a lot of patience. There are many investors especially those who are new but can't invest or trade or holding patiently.
There are many who hold a coin and check the price of that coin repeatedly and even get impatient when the price of the coin goes down. When the price of a coin falls, many impatiently sell the coin and those who plan to hold it for the long term wait patiently.

While it seems effortless and easier than trading. You can hope for the best when you hold because the risk is also there and you can also be active just as the traders when the market seems to be failing.

You have to make decisions whether you'd cut loss, do nothing or add more.

It is not an easy strategy opposite to what people or no coiners believe but it's a task and very rewarding work of patience.

slapper

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Quote from: EarnOnVictor on February 01, 2024, 03:36:18 AM

Quote from: JayTrain on January 30, 2024, 05:07:47 PM

I've been through a lot in the world of HODLing - from missed opportunities to anxieties over FUD and market downturns. Emotional resilience and learning from my own mistakes have become crucial lessons for me. Over the years, I've come to understand that HODLing is not just a strategy but a true art.

The HODLing is not as difficult as you guys take it, it is as a matter of fact the most convenient way of making investments so long as your choice of asset is good and promising. All you need to do is to set and forget, and it is even an investment inside investment, so it is not the usual way of investing as many people wrongly perceive it. If you are investing in the normal way, you could be having doubts, anxiety and fear, and this could force you to do what you never expected or planned for and will start regretting it later.

But that is for the mindset of those who do not know HODLing but believe it is a normal way of investment. If not, the asset would be bought and the value would be forgotten by the investor, be it bad or good. This is the way the shares holdings and stocks are purchased if one is a core investor, they do not bother about it for years if not decades regardless of how it buys or sells. By this, you will not be able to know whether or not it has appreciated much to the extent that you would be tempted to liquidate it which might cause regret if you later see it far above your liquidation price. I think this mindset has to change for people to enjoy their HODLing, especially in cryptocurrency.

Seriously? Set and forget ? If only it were easy. HODLing sounds easy when you're winning, but it's more than picking a winner and waiting for the prize. The economics behind Bitcoin's massive growth are key. Not a passive income scam, but a decentralized financial revolution

The Bitcoin ecosystem is complex and brilliant, but your vision simplifies it. It's the future of money, not merely a investment inside an investment. Real HODLers believe in Bitcoin's core value and its capacity to reinvent wealth, not forgetting its value. They endure the storms because they know why Bitcoin matters

HODLing is informed patience, not ignorance. An in-depth understanding of market cycles is needed, not just hoping. Success in this arena requires understanding the delicate balance between volatility and long-term value. Yes, the nervous and scared may fail, but the steadfast, armed with information, will see a new financial age

EarnOnVictor

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Quote from: JayTrain on January 30, 2024, 05:07:47 PM

I've been through a lot in the world of HODLing - from missed opportunities to anxieties over FUD and market downturns. Emotional resilience and learning from my own mistakes have become crucial lessons for me. Over the years, I've come to understand that HODLing is not just a strategy but a true art.

The HODLing is not as difficult as you guys take it, it is as a matter of fact the most convenient way of making investments so long as your choice of asset is good and promising. All you need to do is to set and forget, and it is even an investment inside investment, so it is not the usual way of investing as many people wrongly perceive it. If you are investing in the normal way, you could be having doubts, anxiety and fear, and this could force you to do what you never expected or planned for and will start regretting it later.

But that is for the mindset of those who do not know HODLing but believe it is a normal way of investment. If not, the asset would be bought and the value would be forgotten by the investor, be it bad or good. This is the way the shares holdings and stocks are purchased if one is a core investor, they do not bother about it for years if not decades regardless of how it buys or sells. By this, you will not be able to know whether or not it has appreciated much to the extent that you would be tempted to liquidate it which might cause regret if you later see it far above your liquidation price. I think this mindset has to change for people to enjoy their HODLing, especially in cryptocurrency.

boty

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Quote from: Dimitri94 on January 31, 2024, 11:26:26 PM

Quote from: JayTrain on January 30, 2024, 05:07:47 PM

I've been through a lot in the world of HODLing - from missed opportunities to anxieties over FUD and market downturns. Emotional resilience and learning from my own mistakes have become crucial lessons for me. Over the years, I've come to understand that HODLing is not just a strategy but a true art.

Yes. i believe buying anything is easy but holding is not so easy. Although many people think that only buy and hold becomes a holder, this is not like that. Being a holder is also a tough job. Those who hold bitcoins often cannot resist the lure of cash fiat currency. And for some reason you can't even hold Bitcoin. As a result, he must face a tough challenge. Bitcoin price had a big difference between 2020 and 2021. Those who managed to keep to 2021 by costing were successful but there were many who did not stick to their goals. Holding is certainly difficult but it is the responsibility of the holder to hold it.

What you say is true, it is very easy to be able to buy and we also have to have a steady source of income to be able to buy and also hold it because if we don't have a steady source of income it will be very difficult to survive with what we already have, not to mention of market temptation, of course we will not be able to survive considering market conditions.
If we can survive with what we have collected then there will be profits that we can get, but we must be able to withstand all conditions and market temptations.

AirtelBuzz

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I still think and believe that holding is much better than trading. I feel less pressure in holding than trading. But holding is also not an easy task as it requires a lot of patience. There are many investors especially those who are new but can't invest or trade or holding patiently.
There are many who hold a coin and check the price of that coin repeatedly and even get impatient when the price of the coin goes down. When the price of a coin falls, many impatiently sell the coin and those who plan to hold it for the long term wait patiently.

Topic: #HODLing is not a smooth journey (Read 1688 times)