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Topic: holding is not an easy thing - page 17. (Read 2511 times)

full member
Activity: 899
Merit: 101
May 07, 2021, 12:40:45 PM
Holding is not easy when frequent times urgent needs are coming up especially during this moment of time. Also, when one is constantly checking on prices, fear and impulsiveness ten to get into the way which will push in selling then regretting it later due to price changes.

side job or maybe regular job still needed if we still uncosistence with our trade. daily needs will be a problem for us , if we have no additional income. the cons that we hold should gain more than 2x, but we sell it earlier because we need money to fullfilled our needs.
hero member
Activity: 1484
Merit: 516
May 07, 2021, 11:49:11 AM
Holding is not easy when frequent times urgent needs are coming up especially during this moment of time. Also, when one is constantly checking on prices, fear and impulsiveness ten to get into the way which will push in selling then regretting it later due to price changes.
member
Activity: 627
Merit: 14
Crypto Article Sharer!!!
May 07, 2021, 11:08:13 AM
Exactly, whenever I hold my funds with big amount, I can't hold all. Most of the time, it used for my daily needs though I tried to secure that but ultimately I can't. Other expenses also responsible for this. It is a matter of sorrow that I can't fullfiled but I can say that atleast I try everytime. Hopefully that trying can be beneficial for me one day.
hero member
Activity: 1260
Merit: 504
May 07, 2021, 09:45:14 AM
At the point when the day by day schedules tackle your monetary then tragically 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 unquestionably.
sr. member
Activity: 451
Merit: 250
May 07, 2021, 06:47:19 AM
I got the point. Holding is just a simple word but doing that as an actual strategy, it's not that easy to handle on the way.

Others will say, just hold and forget. But even after 5 years, they will see those coins as undervalued or the worst, dead.

This hold until 5 to 10 years strategy should only be applied at those dominant coins over years.
Make a clear analysis on the market in order to make a right investment. There are many scam coins but on the flip side, there are also an immense number of stunning projects. Spend some of your time and you will receive a corresponding reward

If you do not know where to start, just simply put your money in bitcoin. You will never regret
jr. member
Activity: 616
Merit: 1
May 07, 2021, 06:41:23 AM
Hold is gold, It is very difficult to hold. We usually panic when the price goes down from the buy price. And if the price is higher than the buy price, we sell it. These two cannot be done. hold means long tream.
jr. member
Activity: 78
Merit: 1
May 07, 2021, 06:31:19 AM
That's the reality of holding and even me, I also encounter that and though I felt regret I moved on because I know it was a great help for me in able to solved the financial problem during at that time.
thats how it usually play out , having thought of it thoroughly, then i concluded its not an easy thing except if you without knowing or proper monitoring and you are just lucky to check and see it worth something good and take profit.
jr. member
Activity: 78
Merit: 1
May 07, 2021, 06:23:33 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.

Hold is not easy, in terms of what? maybe if the person or holders are impatient especially if He/She holding the coins for a years now.
That is why as an individual traders here must know what type of trader He/She is, like day trader or long term. And must also have skills, full of idea, and knowledge as well something like that.
i mentioned the point of having special needs to meet which is cogent and leads to selling what you planned to hold to settle the needs. this is the basis of the post. being a trader either day or long term follows a different protocol, you dont need to hold for day trading else you will be swinging the trade. the point is that you cant hold when you a pressing issue to settle which involves money.
jr. member
Activity: 78
Merit: 1
May 07, 2021, 06:19:28 AM
#99
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.

Hold is not easy, in terms of what? maybe if the person or holders are impatient especially if He/She holding the coins for a years now.
That is why as an individual traders here must know what type of trader He/She is, like day trader or long term. And must also have skills, full of idea, and knowledge as well something like that.
i mentioned the point of having special needs to meet which is cogent and leads to selling what you planned to hold to settle the needs. this is the basis of the post. being a trader either day or long term follows a different, you dont need to hold for day trading else you will be swinging the trade. the point is that you cant hold when you a pressing issue to settle which involves money.
legendary
Activity: 2338
Merit: 1124
May 07, 2021, 03:25:12 AM
#98
you know if you are a true holder you already have calculations about the outcome of your investment and of course know how to place the right time to buy and sell to make it easy hodling.
Theoretically what you are saying is possible but when it coms against market fluctuations then you need to re-evaluate everything time to time so that you could find chances for easy holding. Market may seem like trading too staring but suddenly it may correct which will makes all our calculations collapsed. This had happened to me many times.

for an average joe its hard to keep enough savings while raising the capital to become an investor
But, when planning up with very small capital and that too with bitcoin investments then that may not remain too hard forever. Regular investment into bitcoins with long term holding plans, will definitely change our life toward millionaires.
hero member
Activity: 2492
Merit: 542
May 07, 2021, 03:22:36 AM
#97
Thats a very true OP I also have many experienced holding for some months and because of emergency reasons I sold my holdings and after some days it exploded thats why this altseason Im holding as possible I can so that returns are good enough same thing happens to my friend  I chatted yesterday he hold almost 1.6m of telcoin for almost 2 years and he sold it last year what unfortunate the price pump hard in the last few days. 
sr. member
Activity: 897
Merit: 284
May 07, 2021, 03:03:25 AM
#96
if you have a job and your job can sustain your daily needs, then you can probably afford to hodl for a long time.
Yeah this is the point you need a comfortable life to be able to hodl successfully if you have a well paying job then you can as well hodl for a long time without selling to sort out bills
member
Activity: 1120
Merit: 68
May 07, 2021, 12:55:16 AM
#95
It is difficult to trade if you don't know how you handle your risks and you are only depending on that coin as a source of income, then probably it is difficult to hodl but if you have a job and your job can sustain your daily needs, then you can probably afford to hodl for a long time.
full member
Activity: 1064
Merit: 112
May 07, 2021, 12:15:48 AM
#94
Yup i agree but however if you knew how long it will takes and what amount of profits you can make after all,  perhaps all of the efforts you need to put in it isn't a waste of time which is still worth instead .. Because you know if you are a true holder you already have calculations about the outcome of your investment and of course know how to place the right time to buy and sell to make it easy hodling.. If your not like that then its very dangerous.
sr. member
Activity: 2520
Merit: 280
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May 06, 2021, 11:52:17 PM
#93
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 is why we are billionaires, we should learn about the financial management on that savings and investments are not same they are here for different purposes but for an average joe its hard to keep enough savings while raising the capital to become an investor so the life cycle stuck in a situation which can't be unavoidable. Just be happy that you survived that day because of your investment.
sr. member
Activity: 897
Merit: 284
May 06, 2021, 07:36:54 PM
#92
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.
Hodling is the same thing as having a fixed deposit savings bank account where you throw in money you don't want to use for a long time and except some kind of interest, this practically goes to Altcoin investment if you don't have enough money there is no how you are going to hodl for a long time when you have bills to settle. You need more money to be a successful hodler.
full member
Activity: 899
Merit: 101
May 06, 2021, 05:43:53 PM
#91
holder will have many pressure than daily trading, in journey of project developtment there will alot fud coming in group , some member trying to make fud so they will get cheap price from weak hand. when we decided as long term holder, mental and psychology preparation was be obligation for us.without it , i am sure we will got loss due become panickers.
hero member
Activity: 2408
Merit: 584
May 06, 2021, 03:01:04 PM
#90
Maybe this could be a strategy or we might be use another strategy like we can invest our 50-70% for holding 30% for our family needs. This might be little tough but we can check this. And in such case if we badly need money then we can sell some from our investment. I got this idea if others shares his opinion who says that might be interesting. Thank you.
When you do not have any other income stream to cope up your monthly expenses then it would be better going for only up to 70% in long term holding. Still, there cannot be any restrictions you can cut your part of holding to realize into profits unlike how traditional banks are restricting, still leaving off with long term will definitely get you big returns when you are doing with bitcoin kind of reputed assets.

Long term holding is also a trading strategy but we do not consider it so. We need to make our other things in a way which will not disturb our holding strategy. Otherwise, long term holding will convert itself like short term trading.
hero member
Activity: 2184
Merit: 531
May 06, 2021, 02:57:26 PM
#89
It's important to understand that selling to be able to live and continue holding and trading is completely normal.

Say you hold 10 bitcoins and need to sell 1 to pay your bills for another 2 years and be able to stay at home trading. Most of us would do it. Even if Bitcoin goes up and you feel like you've lost an opportunity of holding that 1 additional coin, you have not. If you decided to hold everything and had to borrow money from people it would have been even worse.
jr. member
Activity: 410
Merit: 1
May 06, 2021, 02:23:11 PM
#88
Yes, that's correct and it happen with middle class people but you can buy after profit you can hold profit amount then forget it like rich person😊  
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