Topic: Hodling requires perseverance - page 3. (Read 711 times)
Invest in any field to be persistent. Investment in the Holding also. Holdings are used for companies that hold the shares of other companies rather than directly engaged in production and business. Holdings differs from the corporation in that it only acts as a major shareholder in its subsidiaries.
I do agree that it really requires perseverance in order to succeed on it. The market volatility will surely test one's patience on holding his token. One should have perseverance in order to avoid regret whenever the market value is rising. Those who are selling due to panic is the counterpart of being patient. Holding is a sign that an investor is committed with his investment.
Personally, I just invest some quatity, that doesn't seem to much nor too low for me, and after that I simply try to focus on some other thing, I try to invest on mainstream currencies so the profit is almost assured after some time.
Yes, it is true that perseverance is the mother of success. One of the toughest thing to do when it comes to crypto, is the ability to hold for long.
I had a discussion with a friend. We decided to hold our tokens, because we had fiat to fall back on peradventure there is any need for it.
Presently, it is a different story, we are now in need of fiat, but all the tokens we presently hold have dumped. If we sell now, we would sell at loss, but getting money without selling is quite difficult.
As a matter of fact, we are seriously deliberating on what to do, yet we kept on telling ourselves that "it's just for a while."
Absolutely right and that is what I always feel and do, sometimes even I regret having sold some of my coins and after a few days my coins have gone up to 2-3X but I always try to throw away the regret because I want it or not for the sake of needs and I need fiat. since then I felt that there was nothing to regret when I made a decision. I had a discussion with a friend. We decided to hold our tokens, because we had fiat to fall back on peradventure there is any need for it.
Presently, it is a different story, we are now in need of fiat, but all the tokens we presently hold have dumped. If we sell now, we would sell at loss, but getting money without selling is quite difficult.
As a matter of fact, we are seriously deliberating on what to do, yet we kept on telling ourselves that "it's just for a while."
Holding when the market is keep going down like now is really hard and i believe not everyone able to do it. Just look at the market now, many weak hand are sell their coins and i see no reasons why they should afraid with etf approval. Hold really need a patience and also you need to know the portion you willing to risk cause i would not able to be patience if i risk everything that i got so just invest as much as you could afford.
So I'm familiar with that feeling when you misplaced the priorities and the price has fallen, you just have to wait because selling in such a market is very unpleasant and difficult, because everyone is knocking down the price!
Indeed this is a risky business but a profitable one if executed well. Holding requires a lot of sacrifices and descipline.What I did is that I choose my coin which I hold long and if one of my saved coin goes high, I immediately sell it.
I always sell some of the coins but not at a low price, birtday the right time and then sell, Yes there are times when you really need the money and then have to sell at competitive prices, but this is rare.
You must have a lot of patience and perseverance to achieve your ultimate goals, these good qualities are applicable to everything.
A big yes,with out perserverance in this industry its hard to achieve what you want.especially when the price in the market decline.
You must have a lot of patience and perseverance to achieve your ultimate goals, these good qualities are applicable to everything.
I thinking hodling requires many factors, first of all research the product and future plans, if product i shit and no new things from the project, then hodling will bring only disaster.
This is why holding great coins is bettet than being trap with a shitcoins. Hodlers have to endure all the market losses and even when the price hit a new all time high some people still choose to hold knowing that it will dump after hitting the peak. Hodlers really focus on their goals, and its a good one.
Undoubtedly the holding needs very strong nerves. This is an incredible stress for the coin holder. I personally chose for myself a strategy to buy and forget.
True. Without perseverance then you cannot be a successful holder. It is what gets you through all of the difficult times when prices dip more than anyone expected that they would. Along side perseverance, you would need to have a lot of belief in the project. You need to have faith that your holding will not be in vain and that the project would do well in the long run.
Yea you sure are right. This is because you can see your hodl portfolio going down the drain in a split second of market reversal or bear run. But I would advise everyone including myself to be careful and always take profit so that in such periods we are not shaken or thrown off balance. 
Yeah but it really depends on the coin you keep on holding. I have some certain altcoins which went down nearly 90%. (but i have just invested money which does not really hurt to loose)
You and your friend used a good tactic to invest: using just your extra money. Unfortunately, life is full of unexpected and surprising moments that can turn around every single piece of your current lifestyle. It seems like you are in this kind of trouble, plus you are not sure if withdrawing in a loss is a good option. Is there any other way how to obtain money? If not, I would consider taking and withdrawing a part of your portfolio in fiat and pay necessary checks etc. Your trouble will eventually vanish and you will have some money to invest again. I wish you good luck as this choice is really difficult for everyone who is in need.
from the development of crypto value to current prices, of course, are already making a lot of investors who have enjoyed the results. But if looking at the case at the moment and for the future of the later will certainly much better than before. the problem was a matter of holding this diligently which is difficult to be implemented in order to provide the results of the future later.
The problem is how long do you can afford to loss ?
As we know in crypto everything is unpredictable so preparing for the losses are better because profit only come if the time and luck meet together !
I've hold some bits about 4 years and yeah.. it's not that simple to keep hold it !
As we know in crypto everything is unpredictable so preparing for the losses are better because profit only come if the time and luck meet together !
I've hold some bits about 4 years and yeah.. it's not that simple to keep hold it !
Yes, this is true that holding requires perseverance and it is normal to be part of it because holding a coins or investments for the long period of time is difficult to handle because of the obstacle.
As today, it can be an issue avoid cashing while prices fall , eventhough hardened hodlers are aware that these are non-permanent situations.
I just bought a hard drive and installed wallets on it and keep everything there ! To avoid the temptation to sell when everything grows or falls )
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