Topic: #HODLing is not a smooth journey - page 5. (Read 1793 times)

Knowledge of technology or investment in my opinion these two have an important role, so don't be rash to separate them, I mean don't just understand one of these two things, as much as possible we must understand both of these things in order to have a good impact on the investments we make because everyone who wants to invest certainly wants the benefits of the investment they make.  Therefore it is better to understand these two things to be able to avoid losses that not everyone wants.

In my opinion, not everyone can hold back, because the nature of people is different, there is also a term "patience also has a limit" so in my opinion the best the person can hold back if his patience has run out, it can be a different story. Maybe everyone can invest if they have money, but not everyone can do it well.

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. That's right, the idea that you said is true and maybe I think it has become a fairly common advice if we want to invest then we should use money that we can be responsible for any results, logically if there is profit there is also a loss or vice versa.

That is the first thing we must understand before finally deciding to get involved, lately I have seen quite a lot of wrong approaches taken by people, especially those who have just gotten involved, it seems that they come with the intention of getting something instantly and dreaming of becoming a millionaire so they put a large amount that they certainly cannot afford especially for the risks that are very likely to occur. On the other hand for the problem of suffering I think it comes back to themselves if they come with the wrong intention and without having any understanding of bitcoin investment then obviously they will feel suffering because the lack of knowledge creates quite a lot of pressure and worry.

This is actually hard to avoid if you force yourself to invest using borrowed money or using money that will be used anytime. When unforeseen events suddenly happen, there's no left option but to sell your coins so you have no choice but to sell early, that is losing your chance for your investment to yield bigger profits. This happened always to those who are eager to invest for quick profits, not realizing that it could only lead them to an unexpected loss.

While long term hodling is proven more profitable, but the process is actually not easy but tough. The reason why a lot end up hodling for short term since long term hodling requires a lot of patience and faith to your investment, which I think novice investors mostly lacking.

Describing holders or holding as a situation  of suffering seem a bit strange. Bitcoin enthusiasts are always adviced to only invest what they can afford to loss and also what they can be able to hold for a long time. Anyone who does not invest wisely, for example going to invest a very huge amount that is off their budget, then they will definitely learn from the experience they will get but that doesn't mean that they will suffer for holding. Bitcoin investment is less stressful and if you have a very good knowledge about investing in Bitcoin, you will not have a bad experience at all.

Certainly is not. I've been in this industry for years now and god damnit do I want to just sell all my holdings to save myself from further losses. But the greatest thing about holding is that, for the most part, staying true to your cause and just keeping on what you're in this industry for's the hardest part, and once you're past it, you're basically good and safe from there. I basically used this to my advantage and actually just detoxified myself from anything that would give me a single hint of what's going on in the market way back years ago. It even came to the point where I forgot about crypto. Eventually this all paid off cause my ignorance allowed me to not have a single urge to take out my holdings, and it all went nicely.

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.

Well, that is what some members are proposing, hold and never look back or look at your portfolio frequently. In essence, just hold and forget about it.


The problem with this method of hodling is that it can result in loss especially if you are hodling alts in this manner. Not paying attention to your portfolio if 90% is alts is a grave mistake. Only btc and eth deserve such a level of confidence. Imagine hodling an alts that changes the smart contract or making other several changes that directly affect your bags and because of inactive the person will be faced with the possibility of losing their investment.
Hodl and be active with your investment is much better.

Aside from having enough patience to continue to hold and be able to achieve the personal goal of making a decent profit out of our investment, knowledge and belief in this technology play a big part in this. Everyone can hold, but what makes them hold and be patient up until they get to their goal, is because they believe in this technology by having enough knowledge that this is not a kind of investment that will disappear suddenly. It's all about having a valid reason that makes it possible to continue holding.

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.

It's a simple thing but not everyone can do it because tremendous patience must be possessed to be able to achieve decent profits. It also has to be with discipline because if they don't do that maybe they will choose to trade like you and then regret it, that's not a problem, it's good at least you've made an effort for the future you just need to increase your patience to reap the benefits you deserve. Also be consistent with what you choose, especially if you do it half-heartedly or hesitantly, it's better not to do it.

do you agree that you can just invest and not look back until you hit the target price?

for me i still like to check my coin from time to time and see if the price went down or up i try my best to stick with my plan which is to hodl but i still don’t feel confident enough to not look at it i know it will increase steadily and i don’t need to stress myself over short fluctuations but i don’t believe that just putting money in it and not checking it is wise

Holding is not difficult task and we need to be ready for us to be winners at the end of the day. There are people that can hold as long as they want but they can make the mistake of selling their holdings at the wrong timing. Timing the market is one of the ways we can make fast profits from the market. We don't need to be holding for too long, all we have to do is to make sure we hold and sell when the right time is here. If we have the habit of homing unnecessarily, we can be missing out at good time for us to be selling and trading our coins.

Risk tolerance would really be that definitely be totally different on each person and this is why decisions made would really be that entirely be different to each other on which there are some
who might really be taking up some long term holds and there are some who do plans on making some active trading and this would really be entirely be depending on how they would really be that
able to handle such scenario nor situation because we know that when it comes to risks tolerance then each person does have their own threshold on how far they could really be
able to go further.

Holding is never been that a smooth journey considering on the ups and downs of this market and really like that you are seeing a upward market and then a few minutes it turns out to be going down.
Tons of possible factors on which it could possibly affect the overall market movement on which we know that this is really something that highly reactive to fuds and hypes.
This is why on the time that you do step your foot into this market then better you should accept it out and better get prepared on whatever things that you would be able to encounter.
Its never been a smooth journey and this is something that you should expect and be prepared on whatever things that could possibly happen along the way.

Holding is of course the most effective strategy for getting bigger profits in the future, in contrast to daily, weekly or monthly trading. It must be admitted that holding is not an easy matter, there will definitely be a lot of temptation and honing patience. Patience is simple, but very difficult to practice, every minute or even second there are many temptations. However, if we succeed in passing all these temptations, BTC will save our finances in the future.

What is certain is that the results of holding BTC have many benefits. If we are diligent in buying BTC and holding it for a long period of time, then in the future profits will double by themselves. Don't waste the opportunity to buy BTC and hold it, when you are old you will realize that you don't have any assets. Time goes on, the time we have passed, whether we use it well or not, will never come back again. If we understand this, then Holding btc will not be that difficult.

It’s obvious that the OP is talking about bitcoin investment; there is nothing here that looks similar to trading or gambling. The OP is talking about how difficult it is to hold bitcoin for a very long period of time, which is true. Holding bitcoin for some years is not an easy task to do for you to be seeing your hard-earned money go low. What do you think is an easy thing to do? Nah, mate, obviously not. However, what the experience is talking about is that he has missed some opportunities when in the crypto space. If he used those opportunities, he could have made money out of crypto now, but due to a lack of patience, he refuses to hold some bitcoin, and that is what he means by experience.


With patience, everything is possible. Don’t get tired, and don’t put such worry on yourself again. If not, you may mistakenly sell your holdings one day. Anytime you see the market go down, there is nothing to worry about unless you invest the amount you cannot afford to lose, because that is what is affecting some investors. However, when the market increases, don’t sell. We still hope for more than the current price of bitcoin, which will happen, so therefore, live your investment. No matter how the market turns up, there is still time to get your money back with profit.

Hype is good sometimes because it draws a lot of attention and a possible long-term holders, the only down side is when the team rely on hype more than actually working to give the project good utility.
Projects with lots of hype usual owns big community support it is now left for the team to utilise such opportunity.

In most cases, hyped project also has better opportunity to get listed in centralized exchanges because of the massive support from the community and a likelihood of huge trading volume  too. In any project there will always be paper hands it doesn't stop a potential from progressing.

You can't expect great returns without any problems from altcoins, especially if they are new in the market. The initial hype of a project or a coin doesn't show the actual potential of it and it can be deceiving most of the time. People often make the mistake of buying cryptocurrencies that they see gaining value when they are listed in big exchanges and they start thinking that they are great projects and they can gain more value in the future if they are so good at the beginning.

However, the reality is, a coin gets pumped when it's newly listed in an exchange because people buy in large quantities to get profits and the same people will sell their coins as quickly as possible once the coin goes up which makes its price to take a big plunge and then it barely manages to go there very soon.

Active trading requires engagement and market trend research. Holding has such subtlety, right? Not only risk aversion, but strategic choice. For many, holding shows a strong understanding of market cycles. It's not uncommon for holders to watch market dynamics for the opportune timing. This takes time and market psychology knowledge. Selectively active, not inactive. Doesn't this demonstrate wisdom?

Holding or trading actively often depends on personal circumstances and psychology. Some find trading thrilling because it matches their risk tolerance and lifestyle. Others hold because they want long-term stability, meet time limitations, or accept risk. Knowing yourself is more than risk-aversion. In investing, isn't knowing and following one's financial psychology crucial?

No matter what coins you hold in this field of crypto space, whether Bitcoin or other cryptocurrency, as long as you are sure it has demand and potential in the future, go for it. If you have that much confidence, that's fine.

As long as, in the end, no matter what the result is, you are ready for what can happen. Bitcoin is a given that you will get a profit there; if you hold it in the long term, you will get your rewards. That's it.

#DUMP
#FUD
#NEGATIVE PNL
#SCARED ON GOING TO ZERO
#NEGATIVE NEWS

You would be needing to sustain yourself in all of these things when you do deal up with this market. It is needing that kind of emotion on which it could be hardly
be that affected or something which will really be that giving doubts into the money you had investment. Holding? Sounds easy but you would be needing to
sustain on everything that you would be encountering along the way.

Diamond hands is never been that simple specially if we do speak on holding for 5-10 years? All of these things mentioned above
is something that you would be needing to endure.