Topic: Hodling requires perseverance - page 5. (Read 737 times)
Hodling is not something easy as one can be tempted along the live that's why as an active trader that uses crypto for living, hodling would be hard for such a person. When we talk hodling, it may not be months but we are talking of years in which along the way a lot of things might have happened.
I think that not only the holder and trader need perseverance. The crypto market is not a suitable market for short-term investment. So we should not worry about holding a potential penny, but the price is not rising. Because maybe a few years later the price of this coin will increase a lot
Agree with your comments. Because I've seen so many pennies in the top 10 take a long time to be able to raise prices as today. I knew XRP in 2014, and it has risen sharply in 2017
I think the same way, of course you need to be psychologically stable and not deviate from the planned course . if you decide to hold then wait no matter what
There are many people who consider crypto currency as short term investment. Because of this, when the price gets lower, they start panicking and they sell it even if it provides loss. So, for before investing here, knowledge is very important as well as patience. Because holding moneyeveryone needs endurance which will bring success for the future.
I think people who consider cryptocurrency as a short-term investment most of them are a newbie. They invest in this market because they think the crypto market is very easy to make money in the short term. They made a serious mistake when having such thoughts
I think that not only the holder and trader need perseverance. The crypto market is not a suitable market for short-term investment. So we should not worry about holding a potential penny, but the price is not rising. Because maybe a few years later the price of this coin will increase a lot
I do not think you're right. Sometimes I sell the coin when the price starts falling, and I will wait until the price falls to the lowest level and I will continue to buy. the hold does not have to be persistent to make a profit
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."
Yes, hold requires persistence. Some people are investing long-term but they are not persistent, so they were very scared when selling Bitcoin or altcoin when prices started to fall. I think that is the most serious mistake for the holderI 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. In this kind of market, hodling was never been so easy. Your emotions will be test in here. And perseverance is one thing you should have, i mean strong perseverance. You'll experience lot of greens and lots of reds in here.. In whatever happens, as long as you believe in the project, your perseverance wont be put into waste when the ath comes.
I like what you said "perseverance is the mother of success". I really wish a lot of people will come to understand what this truly is and how it works. You cannot survive the heat of the market if you lack patience. Patience is key towards hodling. That is why many would advice you invest your spare money, so it doesn't look like you are investing all that you have, that is why you are worrying. To make better profits in this market, you have to be patient for your coins to grow.
Of course the main reason why do you hodl coins because, you want to have a good profit and earnings when you sell your coins in a long term and you must have a perseverance and patience to hodl your coins. This is also a tough decision when you make a hodl of your coins when it has already a price in the market and you think that, what if that coin pump times five or times ten in the next months and that is the strategy of it.
Actually in market you need know how to use your coins based on this statement yes you can sell your coin if you need but holding coin is more profitable I think because the coins are increasing and in 2019 this may give you more benefits I think so you need to have some patience.
Yes, indeed. It requires patience and perseverance. If you have this two characteristic then you have future in cryptocurrency. This is a very helpful asset on how to decide well in critical moments.
Very many were in the same situation. Some even took loans, thought that for a short time, it turned out that for a very long time.
Undoubtedly, the market will return to the previous high rates, but not now, in the autumn. Until that time, I participate in bounty campaigns and use my earnings
Undoubtedly, the market will return to the previous high rates, but not now, in the autumn. Until that time, I participate in bounty campaigns and use my earnings
Perseverance is the steadfastness in doing something despite difficulty or delay in achieving success. If you holding you need perseverance to success. It also means that do not fear to hold if you see market going down and a lot of negative news and issues out there. Still be courageous because it will help you to earn more profit at the right time.
I agree with you preserve of coins investment is very profitable ways to earn huge for long long term hold but depends on the needs of the holder the very reasonable holder can't wait the price hike of their coins because they to sell it because need to money to sustain their daily expenses.
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."
I am experiencing the same thing with you. At least, we already know what the advantages and risks of investing in crypto. And should not be too much in investing to avoid big losses. 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."
Definitely yea.. we need to be have strong perseverance while we are in the state of being hodl.
We need this to get more profits while waiting for a good value.
We need this to get more profits while waiting for a good value.
In current times this practice requires a lot of perseverance and this we can not deny. We find prices with a profit of 30% and even then we do not sell in search of something bigger, this practice can also be considered negative because in bear market prices tend to fall in the remembering that we could have sold on the high. In summarize is a skill few have.
I also think holding is not an easy thing, because I think it is a big exam for the traders. If you don't be patient enough and don't do strong researches, in the end all you will get might be a very low or zero profit.
The main principle of holding no use of money for primary needs. Because holding takes a long time. I feel holding for 6 months more, and I get a lot of profit. I recommend long-term investing.
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