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Topic: holding is not an easy thing - page 14. (Read 2511 times)

member
Activity: 132
Merit: 10
May 19, 2021, 05:58:20 AM
depending on the situation, for example when reach all time higher then there's a drop it will be difficult to keep holding because people will think of taking a profit but i recommend don't sell all asset
member
Activity: 840
Merit: 23
May 19, 2021, 12:23:33 AM
Taking profit at every level isn't really a bad innovation but it would be more profitable to buy more when you have the opportunity and resources after taking some profit off. Crypto investing should be for people who has other source of revenue so they wouldn't depend solely on their investment for survival
newbie
Activity: 18
Merit: 0
May 19, 2021, 12:20:19 AM
I realize it was an extraordinary assistance for me in ready to tackled the monetary issue during around then. At the point when the day by day schedules tackle your monetary then sadly we need to utilize the investment funds from our various sources like holding resources. The economy found us napping actually so if its conceivable to land two positions while you contribute a tad bit of your pay to BTC will in any case be worth and this is the place where you truly can hold certainly.
hero member
Activity: 1778
Merit: 746
May 18, 2021, 11:50:07 PM
At times like this, holding back the coins we have collected will become even more difficult. yeah, the market is currently in red. everyone who panics will sell their assets, while the only ones who remain are the people who believe in cryptocurrency. seeing the bitcoin price drop below $ 40k has a big effect on altcoins, and most people are holding onto altcoins right now.
full member
Activity: 552
Merit: 107
May 18, 2021, 09:43:25 PM
I'm holding all the way. Bitcoin is on a downtrend and it's pulling down different coins with it. It bounce back a little further and or just fall through and we will see a significant crash but either way i'm holding. I'm currently doing that with Bitcoin and some others and I only look at the long term investments. It's not as simple as I stand up yet I already motivated to make this happen.
hero member
Activity: 2982
Merit: 610
May 18, 2021, 08:40:26 PM
Holding is easy if you know how to choose the right potentials coin that you are going to hold in the long term.
But if your not sure about the coins you are planning to hold in the long term and don't any knowledge about it, surely your
confidence will not take longer of waiting were in the end end you will become impatient in short for it.
You would only know it's right if it's already giving you a profit, you just have to be practical, don't invest everything, or don't put your eggs in one basket. Even with the most popular coins in the market, there's no assurance that you'll be profitable, so when investing, make sure you know how to diversify your investment.
sr. member
Activity: 1484
Merit: 276
May 18, 2021, 07:15:39 PM
this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ?
I personally think no. Anyone can buy and forget it just varies with the amount. Of course, the riches will surely have bigger holdings and won't have any problem on where they will get the money tomorrow to continue living. It all comes down to discipline and budget planning. Me personally I don't earn that big anymore but I still able to hold some BTC, ETH, and some top coins right now without the problem of thinking about how can I sustain my daily needs tomorrow. Allocate budget smartly on things you are spending, invest what you can afford to lose, cryptocurrency is a high-risk high reward type of investment you can earn more than 100x of your money in the long run and it doesn't matter how big or small your holding is.
full member
Activity: 1190
Merit: 111
May 18, 2021, 06:57:46 PM
Holding is easy if you know how to choose the right potentials coin that you are going to hold in the long term.
But if your not sure about the coins you are planning to hold in the long term and don't any knowledge about it, surely your
confidence will not take longer of waiting were in the end end you will become impatient in short for it.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
May 18, 2021, 05:23:54 PM
No one says it is an easy thing. If you have no strong belief in your coins, you must be easy to be influenced by rumors or FUDs. Also, you are probably not patient to see dumps in your coin prices. Crypto isn't only about pumps, there should be followed by dumps as well. If you don't have enough knowledge and have a weak mentality, you must fail to hold your coins.


- Confidence always needs practical actions from the other side to become the food source for this confidence, it means that the project we follow needs to break the rumors, rather than just mix in, the mix and no explanatory action will result in a decline in trust, and holding becomes the most exhausting thing we've ever done, not too long will turn into holes and be affected by the negatives. Holding cannot be called an easy behavior, it shows a trader's attitude and bravery quite a lot
Self discipline and control because if you dont have that confidence you've been talking and the qualities that i had mentioned then you would really be having a hard time to sustain.

Holding isnt an easy thing specially if you are really looking into market prices actively just like what others been saying and if you do have high hopes on a particular project

then this would add up towards your dedication but expect that there would be lots of times where temptation and emotion would really be on the way and you must endure it.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 18, 2021, 04:12:09 PM
It is not easy to keep it, especially if you have invested a large amount and, for example, you urgently need to make repairs or buy a new phone, especially when your investment wallet is profitable, there is a very strong desire to withdraw the margin and leave the wallet to grow further, but you must always have patience and restraint ...
When you invest, you should really have other income sources so that you won't be forced to sell your investment if you have to.

But that's also the purpose of our investments, if you see it grow then you have done your part and did a good job because you're able to make money from your investment and you deserve what you want to do with it.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
May 18, 2021, 12:58:59 PM
It is not easy to keep it, especially if you have invested a large amount and, for example, you urgently need to make repairs or buy a new phone, especially when your investment wallet is profitable, there is a very strong desire to withdraw the margin and leave the wallet to grow further, but you must always have patience and restraint ...
hero member
Activity: 1302
Merit: 503
May 18, 2021, 12:12:03 PM
No one says it is an easy thing. If you have no strong belief in your coins, you must be easy to be influenced by rumors or FUDs. Also, you are probably not patient to see dumps in your coin prices. Crypto isn't only about pumps, there should be followed by dumps as well. If you don't have enough knowledge and have a weak mentality, you must fail to hold your coins.


- Confidence always needs practical actions from the other side to become the food source for this confidence, it means that the project we follow needs to break the rumors, rather than just mix in, the mix and no explanatory action will result in a decline in trust, and holding becomes the most exhausting thing we've ever done, not too long will turn into holes and be affected by the negatives. Holding cannot be called an easy behavior, it shows a trader's attitude and bravery quite a lot
member
Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
May 18, 2021, 11:42:16 AM
Hodling somehow isn't that easy, but is more easier when you got patience then with time you will start seeing the outcome, why hodling seems not easy is because most times hodlers becomes panic sellers or some times take profit too early, as you said taking profit to solve daily  needs. I think about taking profits to solve daily needs isn't a good option because that person will end up selling immediately he sees profit and might even sell up a bag of coin which would have liberate him from his current situation, so I think such person should always invest with what he knows he wouldn't be needing so urgently.
full member
Activity: 1022
Merit: 133
May 18, 2021, 11:00:38 AM
I disagree a bit and agree a bit, holding needs huge patience and sometimes, you just have to have the attitude that what you have invested is gone, you can't touch it before 6 months or 1 year, so it doesn't really matter anymore once you invested, you aren't taking it out even if you see a little profit. Medical emergencies are exceptional but am pretty sure the middle class people don't really have that much expenses that they can't invest and hold for sometime without needing to take it out insta tly!
legendary
Activity: 2226
Merit: 1086
duelbits.com
May 17, 2021, 06:54:15 PM
No one says it is an easy thing. If you have no strong belief in your coins, you must be easy to be influenced by rumors or FUDs. Also, you are probably not patient to see dumps in your coin prices. Crypto isn't only about pumps, there should be followed by dumps as well. If you don't have enough knowledge and have a weak mentality, you must fail to hold your coins.

legendary
Activity: 3122
Merit: 1140
May 17, 2021, 05:11:43 PM
Holding Isn't easy for a average trader. Holding is easy for rich traders. When I want to buy a coin, I have to take time for analyzing market. And if I see any dump after investing, Then that's the hard time to hold that coin for me. Previously, I missed profit for this type wrong decision.
Holding is no longer profitable unless we had a really big portion of that coin, but if not then trading it will make us gain more profit. I have learned my lesson with my past holdings of altcoins from ICO that now have no value so better have the courage to trade and take some profit to enjoy than hold too long except if it BTC.
Normal thing that hodling would really be worth if you do held a big or considerable amount of coins into your wallet but if its only a small amount then it wont really be worth for you to wait up into something.

This is true that hodling isnt an easy thing specially if you do actively see and check out the market. Seeing green and red candles would really be mainly affecting your mindset and emotion.
You would always have the thought that you might sell out or panic basing on the current condition.

If you do mean out to hold then you should stood firm but it isnt bad to sell out if there are really some opportunities.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 17, 2021, 02:24:25 PM
Holding Isn't easy for a average trader. Holding is easy for rich traders. When I want to buy a coin, I have to take time for analyzing market. And if I see any dump after investing, Then that's the hard time to hold that coin for me. Previously, I missed profit for this type wrong decision.
There is no depiction of whether rich or average or small traders, there's just the same rule in holding. Holding is easy for all of them because there's no effort needed to do as in you're going to hold it and that's it.

But I think I understood why there's a difficulty for each level and that is the situation for each trader and what they're going through.
hero member
Activity: 2716
Merit: 698
Dimon69
May 17, 2021, 01:46:44 PM
Holding Isn't easy for a average trader. Holding is easy for rich traders. When I want to buy a coin, I have to take time for analyzing market. And if I see any dump after investing, Then that's the hard time to hold that coin for me. Previously, I missed profit for this type wrong decision.
Holding is no longer profitable unless we had a really big portion of that coin, but if not then trading it will make us gain more profit. I have learned my lesson with my past holdings of altcoins from ICO that now have no value so better have the courage to trade and take some profit to enjoy than hold too long except if it BTC.
sr. member
Activity: 980
Merit: 282
Catalog Websites
May 17, 2021, 01:22:10 PM
Holding Isn't easy for a average trader. Holding is easy for rich traders. When I want to buy a coin, I have to take time for analyzing market. And if I see any dump after investing, Then that's the hard time to hold that coin for me. Previously, I missed profit for this type wrong decision.
sr. member
Activity: 1009
Merit: 328
May 15, 2021, 06:35:04 AM
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.
Holding is easy to those who have a lot of money in thier pocket or bank because they can buy coins and keep it for a long time because they have a lot of money to spend for thier needs, but for those who don't have funds holding is really hard because if there is no money to spend there is no food to eat ordinary trader and investor like me has really a big problem on holding unlike to those who are already rich they can surely hold for a long time.
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