holding is not an easy thing - page 12.

semobo

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Quote from: breathlessz on July 07, 2021, 07:51:35 AM

Quote from: semobo on July 07, 2021, 03:51:58 AM

Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

First of all, people who needs the money daily from their capital should never invest it on anything and they can't consider it as capital as well, they should work their ass hard as much as possible until they make decent amount to consider it as capital along with savings for their daily needs so they can hold why spend money from their savings.

investing in the long term does require free money that is not used for daily needs. if we use money for daily needs, I'm worried that when we are floating minus and we need money, it will damage our psychology, resulting in panic selling which causes us to lose money. By holding it for a long time, it takes calm and patience to wait for the market bullrun, so that we can maximize our profit

You just re said what I have said in that Post? Cheesy

There is no free Money, just we need to work until we get enough money to invest it on something or else the investment is never going to work.

However Cryptocurrency made people to be billionaires even in week still you can't expect it to be a quick rich scheme because it's not gonna happen everyday.

Kelvinid

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Quote from: boyptc on July 07, 2021, 05:03:43 AM

Quote from: Tim-BTC on July 06, 2021, 09:40:17 PM

On March 12th last year, I did not have firm conviction. I sold Bitcoin and lost 4 BTC. I have been regretting it all the time.
I was still a novice at the time and did not follow the advice of my friends holding 80% of the positions.
It is too difficult to be a firm holder. Angry

Too bad you did an early decision that made you regret forever. Well, it's still not that late. You can still collect and buy bitcoins until you reach 4 btc or more again.

You're a novice by that time and you got 4 btc? how much you bought those?

He probably has the money that able to acquire 4BTC, and besides, it was cheaper than the price of today. However, it very unfortunate that he is not sure about what he invests and simply gets affected by FUDs and some sort of negativity. Truly, he is a novice in this platform. But don't consider it was a big mistake nor it is very regretting because as new investors in crypto, something bad really happens before we learn.

breathlessz

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Quote from: semobo on July 07, 2021, 03:51:58 AM

Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

First of all, people who needs the money daily from their capital should never invest it on anything and they can't consider it as capital as well, they should work their ass hard as much as possible until they make decent amount to consider it as capital along with savings for their daily needs so they can hold why spend money from their savings.

investing in the long term does require free money that is not used for daily needs. if we use money for daily needs, I'm worried that when we are floating minus and we need money, it will damage our psychology, resulting in panic selling which causes us to lose money. By holding it for a long time, it takes calm and patience to wait for the market bullrun, so that we can maximize our profit

boyptc

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Quote from: Tim-BTC on July 06, 2021, 09:40:17 PM

On March 12th last year, I did not have firm conviction. I sold Bitcoin and lost 4 BTC. I have been regretting it all the time.
I was still a novice at the time and did not follow the advice of my friends holding 80% of the positions.
It is too difficult to be a firm holder. Angry

Too bad you did an early decision that made you regret forever. Well, it's still not that late. You can still collect and buy bitcoins until you reach 4 btc or more again.

You're a novice by that time and you got 4 btc? how much you bought those?

semobo

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Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

First of all, people who needs the money daily from their capital should never invest it on anything and they can't consider it as capital as well, they should work their ass hard as much as possible until they make decent amount to consider it as capital along with savings for their daily needs so they can hold why spend money from their savings.

Tim-BTC

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On March 12th last year, I did not have firm conviction. I sold Bitcoin and lost 4 BTC. I have been regretting it all the time.
I was still a novice at the time and did not follow the advice of my friends holding 80% of the positions.
It is too difficult to be a firm holder. Angry

nowlscor18

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Quote from: Renampun on June 01, 2021, 09:20:56 PM

Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

if you can't make regular money from crypto you should find a real job and hold all the tokens you buy and earn...

Many people think that cryptocurrency can meet their daily needs, so many people sell it when they don't have cash. it's true that to be rich you have to be a holder.

Yes I agree, since holding is not easy especially when you really need some profit to sustain your daily needs but the market price still in red. It is really not easy, if you experiencing this then you must need to find a full-time job for you to avoid difficulties on sustaining the needs of your family. Holding is not just for a short term but for a long term investment and it really need patience.

Mahanton

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Quote from: Xhong54 on July 06, 2021, 03:31:07 PM

This is absolute truth. Reason is that if you hold and price goes down and it remains in that state for some months,fear creeps in. If by good luck price climbs slowly,after a while,the urge to dispose becomes so strong. Real big challenge

Or simply emotion is your biggest enemy whether you do held or would tend to sell just because you do saw the price is already too high and would tend to sell because the price is already low
and you do try to save up your portfolio on further losses.Its true that it is neve really easy to be a holder because emotion would be indeed the thing that will really be putting you
into situation where you do really think off the other way.So if you are really serious with your crypto holdings then you should really very dedicated on what are your goals.
Holding might sound and look easy but it isnt really that easy as it sounds or just doing on the actual thing.

Xhong54

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This is absolute truth. Reason is that if you hold and price goes down and it remains in that state for some months,fear creeps in. If by good luck price climbs slowly,after a while,the urge to dispose becomes so strong. Real big challenge

livingfree

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Quote from: Lanatsa on June 01, 2021, 03:24:51 PM

Quote from: livingfree on June 01, 2021, 03:19:57 PM

Quote from: DarkDays on June 01, 2021, 10:26:30 AM

Quote from: livingfree on May 23, 2021, 05:53:35 AM

Quote from: wayaneka on May 20, 2021, 10:15:43 PM

Dont holding for daily needs but for longterm investment.

Well, you really can't hold if your plan is just to use it for your daily needs. The perfect strategy when you're holding is to put that money into no use but as an investment, we both agree about it as long term and you won't going to use that until it has made profit.

Well, holding goes hand in hand with long term. You can't rely on an investment to do well within a few weeks you need to give it time to end up with a chunky profit.

And sure, this depends on when you entered the market but it is safe to say that any investment should be one you will be OK to lose if things don't go your way. You can't use crypto as a way to get your day to day needs. This is not sustainable.

You must be sure when you have planned to go long.

It takes discipline and patience to hold an investment for that long. And determining how long that term should be relies on how long you're okay holding that asset.

But if it's bitcoin then it's fine to hold it as much as you can and for many years to come.

Would really be requiring that strong will and self discipline specially if you are really active on seeing or checking out the market which emotions isn't simple for you to handle on

if you don't have that dedication to hold up for long term.So it might really simple as it sounds but actually hard to be done and Im really amazed into those fellas

who do able to held up for long years and now they do cherish up the fruit of their patience which isn't something can be done by anybody.

You can also do that and if you're amazed with those people, you should also try to do that and be amazed with yourself. Wink

But it is true that it takes time and dedication for someone to hold for long term because if there's no dedication, a holder can sell his stack easily when the market plunges or when his emotion hits him.

That's really an important matter when someone chooses to hold long term.

dunfida

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Quote from: conected on June 02, 2021, 12:18:58 PM

Quote from: Furious 7 on June 02, 2021, 12:05:34 PM

Quote from: Vaculin on June 01, 2021, 06:20:56 PM

Many people had tried to do this but it was very unfortunate that once the market went down, they got crazy and panicking which leads them to sell their coins and sometimes selling at losing. It is really easy to say "I CAN DO IT" but just a talk and it changes abruptly, unless if you are a rich person that doesn't just rely on the market.

Only words can speak but in my heart it will not be strong when I CAN DO IT, that's why the so-called panic goes crazy because they are willing to lose by selling prices that are falling and this only follows a trend where they are afraid of losing money in large amount.
It is undeniable that holding coins is not as easy as what we say, it still takes a strong mentality to face all kinds of temptations that occur in the market, not even once we have faced something like this but still this hand feels itching to sell at a loss

- The main problem with this process is that we are looking at the value too often, it has formed a habit and when we notice the candles have a noticeable change, green suddenly turns red, it's going to be a very long day for us, put a lot of attention and shiver over each change but they were wrong. A holder cannot live like a day trader, we can't try to check the price too much, obviously this action can't make a profit, we are living to look into the future, ordinary days are the life of the holder, that will make holding very ambiguous and when we get to the top, that's when we harvest

When we do talk about harvest then this is something which it isnt really a sure thing and always put up in mind on what are the probabilities for you to profit because this market is unpredictable and into those coins or projects out there.You wouldnt know on how they would perform out in longer runs.
There are indeed situations which do really put us up on the condition that we wont really be making out any steps further where active traders turns out to be holders due to being caught with the dump but for those who had been intently tend to hold in the first place then this wouldnt be a problem.

conected

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Quote from: Furious 7 on June 02, 2021, 12:05:34 PM

Quote from: Vaculin on June 01, 2021, 06:20:56 PM

Many people had tried to do this but it was very unfortunate that once the market went down, they got crazy and panicking which leads them to sell their coins and sometimes selling at losing. It is really easy to say "I CAN DO IT" but just a talk and it changes abruptly, unless if you are a rich person that doesn't just rely on the market.

Only words can speak but in my heart it will not be strong when I CAN DO IT, that's why the so-called panic goes crazy because they are willing to lose by selling prices that are falling and this only follows a trend where they are afraid of losing money in large amount.
It is undeniable that holding coins is not as easy as what we say, it still takes a strong mentality to face all kinds of temptations that occur in the market, not even once we have faced something like this but still this hand feels itching to sell at a loss

- The main problem with this process is that we are looking at the value too often, it has formed a habit and when we notice the candles have a noticeable change, green suddenly turns red, it's going to be a very long day for us, put a lot of attention and shiver over each change but they were wrong. A holder cannot live like a day trader, we can't try to check the price too much, obviously this action can't make a profit, we are living to look into the future, ordinary days are the life of the holder, that will make holding very ambiguous and when we get to the top, that's when we harvest

Furious 7

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Quote from: Vaculin on June 01, 2021, 06:20:56 PM

Many people had tried to do this but it was very unfortunate that once the market went down, they got crazy and panicking which leads them to sell their coins and sometimes selling at losing. It is really easy to say "I CAN DO IT" but just a talk and it changes abruptly, unless if you are a rich person that doesn't just rely on the market.

Only words can speak but in my heart it will not be strong when I CAN DO IT, that's why the so-called panic goes crazy because they are willing to lose by selling prices that are falling and this only follows a trend where they are afraid of losing money in large amount.
It is undeniable that holding coins is not as easy as what we say, it still takes a strong mentality to face all kinds of temptations that occur in the market, not even once we have faced something like this but still this hand feels itching to sell at a loss

Cling18

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Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

That's one of the reasons why we're advised to be patient and learn how to manage or handle our emotions before investing in cryptocurrency. Holding isn't an easy thing because there will be lots of temptations and we'll also feel afraid of losing sometimes but good things still come to those who wait. Patience is still the key.

xSkylarx

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Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

This is why many people that are into cryptocurrencies always say "invest what you can afford to lose". Holding is not really easy especially if the money we invested in crypto is just our spare or from our savings. Cryptos are very volatile so you can't tell when a long bear season could happen. If emergencies happened during that season, you will likely to sell it at loss. Hodling like forgetting that you bought it is really for rich, it won't matter to them even if its value goes low in the future and they will just buy more to accumulate.

Renampun

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Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

if you can't make regular money from crypto you should find a real job and hold all the tokens you buy and earn...

Many people think that cryptocurrency can meet their daily needs, so many people sell it when they don't have cash. it's true that to be rich you have to be a holder.

Vaculin

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Winding down.

Quote from: Untomabur on June 01, 2021, 11:31:25 AM

it should be an easy thing, why? because you just have to store it in your wallet,
maybe it can be in a trust wallet or in a wallet exchange, such as Binance, or Huobi,
indeed holding long coins you can lose all your money because not all coins will be a big project,
you have to manage everything in risk management, if you just invest and walk away, that's a shame

Have you been done this before? Coz I really don't think that it works IRL. You could easily say that "I can HOLD", but if you did it in an actual scenario, you can imagine how hard it was especially when you don't have any resources.

Many people had tried to do this but it was very unfortunate that once the market went down, they got crazy and panicking which leads them to sell their coins and sometimes selling at losing. It is really easy to say "I CAN DO IT" but just a talk and it changes abruptly, unless if you are a rich person that doesn't just rely on the market.

Lanatsa

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Quote from: livingfree on June 01, 2021, 03:19:57 PM

Quote from: DarkDays on June 01, 2021, 10:26:30 AM

Quote from: livingfree on May 23, 2021, 05:53:35 AM

Quote from: wayaneka on May 20, 2021, 10:15:43 PM

Dont holding for daily needs but for longterm investment.

Well, you really can't hold if your plan is just to use it for your daily needs. The perfect strategy when you're holding is to put that money into no use but as an investment, we both agree about it as long term and you won't going to use that until it has made profit.

Well, holding goes hand in hand with long term. You can't rely on an investment to do well within a few weeks you need to give it time to end up with a chunky profit.

And sure, this depends on when you entered the market but it is safe to say that any investment should be one you will be OK to lose if things don't go your way. You can't use crypto as a way to get your day to day needs. This is not sustainable.

You must be sure when you have planned to go long.

It takes discipline and patience to hold an investment for that long. And determining how long that term should be relies on how long you're okay holding that asset.

But if it's bitcoin then it's fine to hold it as much as you can and for many years to come.

Would really be requiring that strong will and self discipline specially if you are really active on seeing or checking out the market which emotions isn't simple for you to handle on

if you don't have that dedication to hold up for long term.So it might really simple as it sounds but actually hard to be done and Im really amazed into those fellas

who do able to held up for long years and now they do cherish up the fruit of their patience which isn't something can be done by anybody.

livingfree

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Quote from: DarkDays on June 01, 2021, 10:26:30 AM

Quote from: livingfree on May 23, 2021, 05:53:35 AM

Quote from: wayaneka on May 20, 2021, 10:15:43 PM

Dont holding for daily needs but for longterm investment.

Well, you really can't hold if your plan is just to use it for your daily needs. The perfect strategy when you're holding is to put that money into no use but as an investment, we both agree about it as long term and you won't going to use that until it has made profit.

Well, holding goes hand in hand with long term. You can't rely on an investment to do well within a few weeks you need to give it time to end up with a chunky profit.

And sure, this depends on when you entered the market but it is safe to say that any investment should be one you will be OK to lose if things don't go your way. You can't use crypto as a way to get your day to day needs. This is not sustainable.

You must be sure when you have planned to go long.

It takes discipline and patience to hold an investment for that long. And determining how long that term should be relies on how long you're okay holding that asset.

But if it's bitcoin then it's fine to hold it as much as you can and for many years to come.

Fredomago

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Quote from: andriarto on June 01, 2021, 07:07:31 AM

Quote from: Slow death on June 01, 2021, 06:27:53 AM

there are situations where holding holds becomes a great test of patience that the person will have to pass, let’s imagine that someone buys bitcoin when the bitcoin price is $60,000, today the bitcoin price is at $36000, that means that all people who they bought at the price of $60,000 are at a loss and the question that these people must be asking must be: when will the price return to $60,000? and when will the price exceed $ 60,000?

now let's see the following:

if someone buys bitcoin for the price of $60,000 and the price drops to $ 36,000 and it takes 4 years to reach $70,000, it means that that person took 4 years holding to make a profit of $10,000. sometimes hold can have this disadvantage and to minimize this disadvantage people need to start buying each dip

if they can hold up to 4 years and the price starts to approach BEP, will they be able to hold it back. on the other hand, if the price is above the purchase price, are we able to hold it too ... and one more thing, we don't know when the peak is formed, and at any time the price can reverse direction. therefore the psychological role is very vital

yeah right, it's all depends from how the person handled the situation, it's not an easy task but if you are willing and you have all the information that you need, even you've got stuck from the current high you are willing to hold knowing that it will bounce back and it's keep repeating, it's been witness from the beginning.

It's a must to make sure you fully understand before you make your participation inside this business.

Topic: holding is not an easy thing - page 12. (Read 2511 times)