#HODLing is not a smooth journey - page 4.

kawetsriyanto

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Quote from: Adreman23 on December 07, 2023, 05:06:35 AM

There's a saying that if your goal is to hodl, genuinely buy it and then let it be. In my view, this implies not completely forgetting about the crypto you purchased but rather shifting your focus to other aspects of life. Constantly checking its value can lead to stress, and in some cases, it might even contribute to feelings of depression, particularly when the price experiences significant drops. Taking a step back and deciding to stop hodling can be a constructive move in such situations. However, adopting a strategy of buying and then allowing it to grow without constant monitoring might evoke the perception that hodling is a simpler and more manageable approach.

That's why we need to have good mentality and have good knowledge before we invest in Bitcoin. If we invest without good knowledge, we may feel depressed because we often see the huge fluctuation in Bitcoin price. But if we know how to invest in Bitcoin properly, we must already set a realistic target to keep profits. We also know when we must to sell the Bitcoin, so we don't need to check the price everyday. We also can deal with high fluctuation in Bitcoin price every time, we know it is something normal. Bitcoin has big volatility, that makes Bitcoin to have the ability to increase and decrease significantly. At least, we know when we can expect for the increase in Bitcoin value if we understand the cycles of bearish-bullish.

I'm really sure, an experienced investor won't check the price very often. Unless he wants to buy Bitcoin or sell Bitcoin, an experienced investor must rarely check the price. So, it won't make him stressed. Grin

Mehedi72

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True. People who aren't expert in trading, holding is only option for them to make profit. But hold has ups and downs and sometime you need to go through a risky process while you don't have knowledge about dip or where to buy. Most of people want to have profit within short time but problem will start when you unfortunately buy your a altcoin while it was high priced and then it dumped from the point you bought, that will be the most channeling thing as you don't know how long you need to wait for recovery. The common issue is, when a holder become so panic and sold token with loss. So yeah, it is hard to hold till become make profit from it

martinex

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Quote from: CageMabok on December 07, 2023, 07:40:17 AM

Hodling is not a difficult job for anyone to do as long as we have the capital and thoughts that are wiser than ourselves and one of them is as you said. Because those who apply hodling are people who can make themselves more relaxed about this by not wasting too much time looking at the market because they are not trading. Even though watching the market once a day is also very necessary, there is no need to spend too long watching the market because they can actually use their free time for other more profitable work.

It sounds simple. In my opinion, Hodling will be easy if someone has a profitable activity, meaning there is not only one source of income and this will be easy to implement and the guarantee will not be annoying and in the end we will always be able to make a profit in every trade and the Hodling time is also unlimited, either 1 week, month, or year.

CageMabok

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Quote from: Adreman23 on December 07, 2023, 05:06:35 AM

There's a saying that if your goal is to hodl, genuinely buy it and then let it be. In my view, this implies not completely forgetting about the crypto you purchased but rather shifting your focus to other aspects of life. Constantly checking its value can lead to stress, and in some cases, it might even contribute to feelings of depression, particularly when the price experiences significant drops. Taking a step back and deciding to stop hodling can be a constructive move in such situations. However, adopting a strategy of buying and then allowing it to grow without constant monitoring might evoke the perception that hodling is a simpler and more manageable approach.

Hodling is not a difficult job for anyone to do as long as we have the capital and thoughts that are wiser than ourselves and one of them is as you said. Because those who apply hodling are people who can make themselves more relaxed about this by not wasting too much time looking at the market because they are not trading. Even though watching the market once a day is also very necessary, there is no need to spend too long watching the market because they can actually use their free time for other more profitable work.

Litzki1990

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The journey to holding is difficult but there is gain in this journey. We have to work hard to achieve good things. The more difficult the path and the more difficult the path, the greater the chances of success. All can walk on plains but not all can conquer mountains. Some people may have conquered Mount Everest but not all have. Everyone invests but not everyone can maintain that investment for long. Only those who have a strong mind and are firm in their decisions can take this difficult task easily. The Bitcoin market is now very positive, so thinking of this positive aspect, many people may invest in Bitcoin now, but when the market starts to go down again, not everyone will be able to hold their investment even if they want to. We must plan to hold the investment whether the market is going through good times or relatively bad times.

Adreman23

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There's a saying that if your goal is to hodl, genuinely buy it and then let it be. In my view, this implies not completely forgetting about the crypto you purchased but rather shifting your focus to other aspects of life. Constantly checking its value can lead to stress, and in some cases, it might even contribute to feelings of depression, particularly when the price experiences significant drops. Taking a step back and deciding to stop hodling can be a constructive move in such situations. However, adopting a strategy of buying and then allowing it to grow without constant monitoring might evoke the perception that hodling is a simpler and more manageable approach.

junder

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Quote from: Ricardo11 on December 07, 2023, 01:40:17 AM

Of course, holding is not a smooth ride. Holding depends entirely on patience. Holding is very easy for those who have experience in holding. Those who do not know anything about the new holdings get a bit panicked and lose patience and stop holding immediately. We should proceed with the goal of holding for a certain period of time, and no matter how many obstacles may come in the way to meet that goal, we should stand firm and in no way panic and any way not stop holding. Only then will we be able to achieve our goals. There will certainly be dangers in our journey of holding, at which time we should always be prepared to face them without panicking.

Therefore, before you do HOLDING, learn in advance the things as well as aspects related to this, even though you are an inexperienced person it is not a problem, if you want to enter this world, there is nothing wrong with learning to understand every aspect that exists. Also with the development of technology today with the internet can be a source of learning, from the internet or from anywhere it doesn't matter as long as you really want to learn. Learning from those who are experienced is better, because there will be direct communication with people who are experienced in this matter.

By learning and becoming knowledge of course this will be good for you in the future, with learning that has been understood maybe you can find out how to handle risks later. It is not as easy as turning the palm of the hand, of course facing problems must be with good thinking in order to correct mistakes that have occurred and also prevent them from happening again in the future.

Ricardo11

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Of course, holding is not a smooth ride. Holding depends entirely on patience. Holding is very easy for those who have experience in holding. Those who do not know anything about the new holdings get a bit panicked and lose patience and stop holding immediately. We should proceed with the goal of holding for a certain period of time, and no matter how many obstacles may come in the way to meet that goal, we should stand firm and in no way panic and any way not stop holding. Only then will we be able to achieve our goals. There will certainly be dangers in our journey of holding, at which time we should always be prepared to face them without panicking.

ginsan

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Quote from: mvdheuvel1983 on December 05, 2023, 03:44:52 PM

Holding is more a situation of self-denial than suffering. In self-denial especially if you are a student, a salary earner and not a professional investor or venture capitalist, you denial yourself of new watch or a vacation or a new gadget, car or your favourite thing in the world just to invest that piece of it in bitcoin and hold. That is how I understand the picture to be. It is filled with ups and downs. Some months, you don't want feel like denying yourself of that good thing but you do it anyways for the future.

Yes, in this context we intend to achieve pleasure someday and holding it now does require strong trials if we look at it from the scope of our lives where other people buy cars, luxury watches and so on. But we Holding for the sake of our future, which of course we will also be able to feel happy things in our lives at some point now. Yes, images like that are sometimes misinterpreted, but they are quite common and very human because we live in the modern era, of course our lives are filled with many luxurious styles. But this is based on the determination to hold on to the Bitcoin investment that we make for a long time, which is certainly better than using that money to buy silly things that might quickly result in a significant loss of money.

Apart from that, many of them become millionaires because of the patterns they plan for their future. They don't live in luxury but have wow investments and Holding is one of the success factors in investing in bitcoin and that is a fact if you look at the journey of many people who have become millionaires by investing in Bitcoin.

mvdheuvel1983

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Quote from: Jody.Drummer on December 03, 2023, 08:01:43 PM

What about those who until now are still doing well in their accumulation journey if indeed the picture is true that holding is a situation of suffering? not a bit strange but I think it makes less sense, for people who have assumptions like that I think it looks like they are investing with the wrong approach as a result of not really understanding the things that exist in investment especially for all the possibilities that are very likely to occur.

Holding is more a situation of self-denial than suffering. In self-denial especially if you are a student, a salary earner and not a professional investor or venture capitalist, you denial yourself of new watch or a vacation or a new gadget, car or your favourite thing in the world just to invest that piece of it in bitcoin and hold. That is how I understand the picture to be. It is filled with ups and downs. Some months, you don't want feel like denying yourself of that good thing but you do it anyways for the future.

Dr.Bitcoin_Strange

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Quote from: Jody.Drummer on December 03, 2023, 08:01:43 PM

What about those who until now are still doing well in their accumulation journey if indeed the picture is true that holding is a situation of suffering? not a bit strange but I think it makes less sense, for people who have assumptions like that I think it looks like they are investing with the wrong approach as a result of not really understanding the things that exist in investment especially for all the possibilities that are very likely to occur.

I understand that Bitcoin investment is a very easy and simple thing to do. You don't need like $500, $1000, or more before you can be able to invest, but there are some other investments in which you need a very fixed amount before you can be able to invest, but it's not like that in the Bitcoin space; you can invest as low as $10–$20, and Bitcoin is just like every other investment in which if you don't study how to invest correctly, you might be investing wrongly and can get choked up.

Suzume

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Quote from: Lanatsa on December 04, 2023, 03:20:35 PM

Quote from: Suzume on December 04, 2023, 02:57:35 PM

Quote from: Dewi Aries on December 04, 2023, 03:50:15 AM

Quote from: Issa56 on December 03, 2023, 06:21:21 PM

Quote from: Suzume on December 03, 2023, 05:20:30 AM

Yep

only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.

The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.

Im saying that every holders don't have that type of mindset to hold for long and we are aware with that specially in bitcoin you can't make big and good profit without holding bitcoin for long. We all know the long term holding journey how much smooth of a holder. How many problems and what type of problem they have to suffer. Broh long term holding not made for everyone and something the person made for long time holding they can't made hold for log term. Sometimes luck also needed for long trem holding and your mindset must.

Each person is different when it comes to patience level on which it would really be just that decisions would be made would be entirely be that basing into their own knowledge and of course it would be basing up whether they could really be able to take up some risks or not. Holding might really that sound so simple but we know that as much as possible we do really like to make some entry point as cheap as possible
or something that do talks about on the bottom. Some might be waiting up for a while but there are some people who doesnt really care on what price they had bought and since they are really that going for
long term then it doesnt really matter.

When it comes into this situation then it would be always best that you should really be that investing and dont tend to see the market events and news from time to time. Why?
It would really be just that making you that impulsive on which this might be resulting into those sudden changed up of decisons and might really be ending up
for you to make some regrets specially on the time that the market is going up.

Yes you are right the growing up market is the inspection for those who don't have dedication for holding. Those who holder here they are investing and making profit in the growing up market. But those don't have that type of mine set for holding they must see the growing up market. Not everytime people stay as like same everyone taste change. There is a lot of people who don't love to invest or don't have interest in crypto but after knowing that many maintain their livinghood by investing. So prepare your self if you try then anything can possible.

pinggoki

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Quote from: benalexis12 on November 22, 2023, 05:16:29 AM

Quote from: pinggoki on November 22, 2023, 04:13:15 AM

~

If you only trade a small amount in Bitcoin, then it's 24/7. I think it will just be a waste of time that instead of doing a lot of things throughout the day, it will just be consumed by your monitoring in front of your laptop or desktop. If it's small, only earnings can be obtained.

I've tried that because, with only a 30–50 dollar daily trade in Bitcoin, the only profit I can make in 12 hours can only be 2–5 dollars, depending on the aggressiveness of its volatility.

We're talking about HODLing not trading ya git, read the topic and the post you're quoting first.

Quote from: red4slash on November 22, 2023, 06:45:42 AM

Quote from: pinggoki on November 22, 2023, 04:13:15 AM

~

Now this is true, but it is not the only situation that will eventually make our Hodling journey not go smoothly, or will face a situation where we have to think hard to maintain what we have been holding on to. For example in a situation where our financial situation is completely destroyed, yes as humans good financial is the thing we want the most, but something we want does not always come to us, and when that time comes of course this becomes a problem or a challenge for us, whether we will maintain what we hold, or vice versa.

That's why early on you should learn to only invest what you can afford to lose, if you're doing that early on then you're not going to have any problem because you don't mind that you're hodling for long because you planned your investment all along. No excuses here because I make less than $200 a month in my work and I can still do some investment monthly and I never get any worries because I only invested what I didn't mind losing.

Quote from: wajik-tempe on November 22, 2023, 12:48:24 PM

Quote from: pinggoki on November 22, 2023, 04:13:15 AM

~

the key, as you rightly pointed out, is trusting the process and believing in the long-term potential of your chosen assets. While it's tempting to be swayed by the constant fluctuations and FUD, having a steadfast conviction in the underlying technology and the future of cryptocurrency can make the HODLing journey much smoother. It's a test of nerves, but those who weather the storms often find themselves on the shores of significant gains. Experience does teach us to navigate these waters more wisely

It's not a test of nerves, I've been hodling for a long time now and I've seen my bitcoins go down in half of what I've bought them, if you really trusted the process then you're not going to worry about the movement of bitcoin in short-term right?

Dewi Aries

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Quote from: Suzume on December 04, 2023, 02:57:35 PM

Quote from: Dewi Aries on December 04, 2023, 03:50:15 AM

Quote from: Issa56 on December 03, 2023, 06:21:21 PM

Quote from: Suzume on December 03, 2023, 05:20:30 AM

Yep

only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.

The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.

Im saying that every holders don't have that type of mindset to hold for long and we are aware with that specially in bitcoin you can't make big and good profit without holding bitcoin for long. We all know the long term holding journey how much smooth of a holder. How many problems and what type of problem they have to suffer. Broh long term holding not made for everyone and something the person made for long time holding they can't made hold for log term. Sometimes luck also needed for long trem holding and your mindset must.

Big profits will be generated over a long period of time, also for people who have a strong level of patience and are consistent in running it. And this is not an easy thing that can be done by everyone, but rather needs a strong belief so as not to stop in the middle of the road and let it go. The number of problems that must be faced is already a risk, if they have started they should finish it well, not by giving up halfway.
We recommend that you first learn important things related to HOLDING, because this is not a trivial thing that can be done just like that.

romero121

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The pictorial representation gives clear understanding about holding. We need to understand the problems faced by people while holding, and the same can be made smooth with our experience as well as with the expectations one have upon their investment. When the focus is long term we should keep on accumulating as much possible. In between we'll experience great fluctuation in the market. The only way is to hold and most of the people who end up losing were the people who depend completely on cryptocurrency earning for their living. Our cryptocurrency investment should be kept aside from the regular earning for our life, only then we can easily move forward without experiencing big losses.

Lanatsa

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Quote from: Suzume on December 04, 2023, 02:57:35 PM

Quote from: Dewi Aries on December 04, 2023, 03:50:15 AM

Quote from: Issa56 on December 03, 2023, 06:21:21 PM

Quote from: Suzume on December 03, 2023, 05:20:30 AM

Yep

only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.

The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.

Im saying that every holders don't have that type of mindset to hold for long and we are aware with that specially in bitcoin you can't make big and good profit without holding bitcoin for long. We all know the long term holding journey how much smooth of a holder. How many problems and what type of problem they have to suffer. Broh long term holding not made for everyone and something the person made for long time holding they can't made hold for log term. Sometimes luck also needed for long trem holding and your mindset must.

Each person is different when it comes to patience level on which it would really be just that decisions would be made would be entirely be that basing into their own knowledge and of course it would be basing up whether they could really be able to take up some risks or not. Holding might really that sound so simple but we know that as much as possible we do really like to make some entry point as cheap as possible
or something that do talks about on the bottom. Some might be waiting up for a while but there are some people who doesnt really care on what price they had bought and since they are really that going for
long term then it doesnt really matter.

When it comes into this situation then it would be always best that you should really be that investing and dont tend to see the market events and news from time to time. Why?
It would really be just that making you that impulsive on which this might be resulting into those sudden changed up of decisons and might really be ending up
for you to make some regrets specially on the time that the market is going up.

Suzume

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Quote from: Dewi Aries on December 04, 2023, 03:50:15 AM

Quote from: Issa56 on December 03, 2023, 06:21:21 PM

Quote from: Suzume on December 03, 2023, 05:20:30 AM

Yep

only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.

The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.

Im saying that every holders don't have that type of mindset to hold for long and we are aware with that specially in bitcoin you can't make big and good profit without holding bitcoin for long. We all know the long term holding journey how much smooth of a holder. How many problems and what type of problem they have to suffer. Broh long term holding not made for everyone and something the person made for long time holding they can't made hold for log term. Sometimes luck also needed for long trem holding and your mindset must.

Suzume

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The journey is smooth for those who are just thinking abou holding. Bro welcome to reality everything is easy and possible when you thinking. But in reality when you try to do the work you have to face lot of problem. That journey is not that smoth as you are thinking. Holders have to struggle a lot for long time holding and for good investment. Everything is smooth and easy weakup and try to do in real life that will tell you how much easy and hard the work is.

Dewi Aries

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Quote from: Issa56 on December 03, 2023, 06:21:21 PM

Quote from: Suzume on December 03, 2023, 05:20:30 AM

Yep

only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.

The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.

Haunebu

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HODLING is always tough to execute in the long-term while it may be easy/tough in the short-term in my experience. Highest profits through HODLING are usually earned in the long-term(BTC etc).

I prefer HODLING over daytrading primarily because of low pressure etc, but I do admit that it's a lot easier said than done. It's not for the weak-hearted for sure.

Topic: #HODLing is not a smooth journey - page 4. (Read 1688 times)