Topic: #HODLing is not a smooth journey - page 3. (Read 1793 times)

Obviously aggred with your statements op, its difficult to complete the whole journey from beginning to reach the destination. Journey of a holder is full of obstacles where you need to give analysis whenever you want to buy purchase anything. If you can't figure out the dip then trouble will start from here, your profit percentage is already reduced. Then if you manage your capital from your saving or emergency fund or loan, then you'll face obstacles where situations will force you to sold your asset. And finally that feeling when you realized that, your altcoins are turned into shitcoin already which won't have possibility to raise up, which is most disappointing and broken feeling of a holder

This is a good goal to wait it out and make sure it hits a new ATH but have you really already decided to sell all of your coin in this next peak? I feel like for anyone that can make it another decade without taking profit will reap 10 fold, one can only hope!!

Holding also requires patience that must be practiced because if they are impatient with the situation that is tense then they can release their ownership because they are wary or tend to panic more, but this is often easy to overcome, but there are still many people relying on the benefits of their main investment, which is often misguided, while their goal is long-term investment but other income is not there then this can be chaotic.

Trading is more psychological where they have to think all the time to pay attention to the price chart and continue to do analysis with the patterns they apply, sometimes this requires fundamentals that are commensurate, if someone does not master then it is better to focus on HODL rather than trading.

If you can hold and trade at the same time, then that would be a lot better since you can maximize your future profits without focusing on one only. However, I also come to realize that hodling alone is never easy and will certainly test your patience and faith when hodling for long term. Most especially for bitcoin that is highly volatile, and that anytime its price will fluctuate or experience market crash. But it's undeniable that hodling is less risky and less stress compared to trading.

To hold is not easy that is the same way to make money is never easy. We need to be prepared and understand the market before we make any investment decision. Anything we are doing in the market, we need to make proper plans so that we don't finally miss out of everything we are doing. Crypto investment is risky and for us to go in with full confidence, then we must be ready to hold as long as possible. Everything bool down to the nature of the market is the market is volatile enough to give us profits.

In OP statement, this will become like this if the person who makes hold a coin without proper plan and just easily get carried away by the suggestion of other people or the market just volatiltility like unnecessary dump due to some reasons.


This is the close to accurate, in holding all you need is to hold your coin and wait until you get satisfied with the profit with your asset, unlike in trading this gives a lot of time and effort to understand the current situation of the market to gain profit. Having a knowledge where to invest is not enough you need to consider such trading strategy, pattern, and understanding the smart money concept.

My current issue revolves around deciding when to sell my cryptocurrency. Even if I have already made a profit at a certain price, I struggle with knowing the right time to sell. Often, I end up regretting selling at a particular price, as the coin's value reaches a new all-time high. I know I should be realistic and not regret selling, but I always find myself checking the token's price repeatedly, leading to more regret. I hope that during the next bull run, I will not regret selling my coins.

We can also determine the hodling time itself if someone has income from several aspects or directions, but if we apply it it is only for one week or one month. I think it will be less noticeable because now one month is not a long time to implement Hodling so it would be better to choose it over a yearly period or more than that as long as someone has the ability.

However, in this case you also shouldn't judge everyone like that because most people nowadays are also aware that applying Hodling in the long term or a certain period of time on a cryptocurrency requires special financial considerations. So that this implementation is not disturbed by daily needs or by borrowing from other parties which generally have to be repaid every month, so not everyone will do Hodling if their financial resources are still very limited or can only cover their daily needs.

One more thing is that there is a desire to do this because there are many people who have the money and mental strength to run Hodling, but they don't do it because they don't have the desire for it. So after there are funds that are not used for other things and a strong mentality in oneself when seeing price corrections in the market, a person must also have a strong desire for this so that everything can run smoothly without any obstacles or interference from other aspects.

You are completely right, the temptation is always highest with altcoins to be honest, most especially, altcoins that aren't well established like ETH, SOL and other big names, for me personally, I usually start getting the feeling like, what if the team dumps their bag right now and every thing comes crashing again? 😀
Such thought is always the number one reason I sometimes end up selling a potential gem way too early, and at the end of the day, end up in regrets even though I possibly must have made a good profit, profit is never enough afterall  .

But then, the coming bull run is speculated to be the highest and possibly the last, we have the opportunity again to make generational wealth in the coming year stroke 2025, those who don't know how to hold and wanna make money must learn how to, and must also learn to keep holding even at the top, as long as the bull run is not over.
What I did advice is, we all should have a realistic price target to sell, and ones that target is reached, sell and careless what the market does after then.

It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.

It is when you're determined to hold you will begin to see many distractions to stops you from holding which could be unavoidable sometimes, that is why we are mostly encourage to make an investment base on our individual capacity that we could sustain long enough on, bit the moment we begin to run over meeting up some targets just to ensure that we hold and also secure our investment, we may not be able to endure any longer on that till we can't do than to release what we are holding onto, by then, selling at that particular moment may be at loss.

To be precise, making money has never been easy and in investing, holding or trading bitcoin is how we make money, so nothing is easy. But between holding and trading, holding is clearly still much easier than trading. We only need basic knowledge and patience to become a holder, but becoming a trader and making a profit from it is many times more difficult than holding. Everything will have its own pros and cons, but it cannot be denied that holding is still much easier than trading.

Well, I could agree especially if we often check our coins every day because at the moment we saw that our total investment turned red, we started to think negatively and sometimes went to selling. Indeed, holding is a self-test if we really have patience and how long we can take it. It is actually boring to wait long which is why more investors prefer short-term investment over long-term. And holding was hard especially if we overthink that after we buy, we already then earn some and much more if we just relied solely on this investment.

There must be a mentality that is formed when we want to do hodling, because this will take a very long time, there needs to be patience in doing it. Not only patience, but good planning must also be very concerned. Many of them eventually have to sell what they hold because they are very pressed for needs. Well things like this must be very considered, because it will greatly determine how the hodling journey we do.
A short time is a challenge in itself, maybe for those who are ready with everything it will be easier, but if they are not really ready, then they will start to hesitate between continuing to hold or selling.

Its never been that ideal or recommendable -believe me! . I did really have that kind of experience when im still a noob on which i did make some loan and trying out to invest on crypto but everything didnt turned out as planned on which market conditions would really be definitely be that too unpredictable on which on the time that you do saw your portfolio is going down, then this is the time that you would really be having these moodswings or having that impulsive emotions which might lead into bad decision making which it might be ending up on regrets when the price starts to climb up. Its never been that easy nor that simple to hold
even if we do say that we are just checking the price to be going up or down but its never been that a smooth journey.

Somewhat when you are just holding instead on making some active trades, then you wont really be that be able to actively be able experience those time to time stress unless if there's really a
huge market movement and negative sentiment on which it would really be stirring up all of your emotions on which might lead into those panic selling. Smooth journey could be only possible
if you wont really be that actively checking out your portfolio or not really that seeing actively on the market sentiment or condition.

Actually, this is not required, you can simply install some kind of application that will simply notify you if the price reaches a certain level that you need, and constant market monitoring is required not by investors, but by traders, and especially for day traders. Since medium-term traders, can also use notifications so as not to constantly monitor the charts. In holding, not everything is so simple, there are many difficulties in it, but in any case it is easier than trading.

Holding will be a difficult job for those who use borrowed money or use savings for daily needs to invest in Bitcoin, plus they don't have wise thinking and don't have a strong mentality when the market goes down, they panic and sell.

But for those who have all this, they will not have any obstacles with holding and they will not even think about the market, they will be busy with other activities because they will continue to hold BTC until their desired target is achieved. There are only two keys to holding, use fee money and be mentally strong.

This situation has happened to me and I can tell you it is not an easy place to be, buying from the top and the price get dumped and you are literally stuck, not able to sell because you will be losing 90% of your investment.
I can say it is the moment when your hodl ability is tested, it fills like forever, not going to lie.
Hodl is not easy, the period is full of different challenges and if you are able to pull through to the next circle, you can consider yourself a diamond hand. 

There will be time that you need to sell and you need to rethink if how much you're going to sell, some stories have said that they need to sell all of their holdings. So, that's the sad moment for them that even they can say and are determined to hold for so long. But they don't have other people to lend and help them in their times of need.

There's only one way for them to do it and that's to through selling their holdings. Count it whether it's Bitcoin, Ethereum, or any altcoin that they're holding. But the fact that they want to hold and been holding for so long and there's no other available option for them to do, they need to sell what's been precious to them. Times like that comes and just like me, I've sold at a very early price and not during the bull run but I just take it as something that helped throughout that time because it has solved my problem. there's always a time to reset and reaccumulate.

When you think of the word hodling, that's actually very easy to make it happen. Until you finally realized that hodling in the crypto market is not at all easy and have a lot of risks and temptations that you need to overcome. The important thing here is that you don't need to sell your coins early as it may lost the potentials for future profits, and early selling would mean selling at loss for some.

Bitcoin is highly volatile that makes the crypto market more unpredictable. So the safest option is just to hold your coins in an indefinite time, and don't fall on panic selling when you see all your coins are dropping their value because obviously, that won't be permanent. They will eventually recover their prices soon. Patience is the key.