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Topic: holding is not an easy thing - page 18. (Read 2511 times)

full member
Activity: 700
Merit: 182
May 06, 2021, 02:18:08 PM
#87
I think this is normal. Because everyone is facing this problem. That's why we should find a problem according to our self. Maybe thats why lots of people still working after investing in bitcoin or crypto. They might spend money from there job for there daily needs. 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.
hero member
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www.Crypto.Games: Multiple coins, multiple games
May 06, 2021, 01:29:59 PM
#86
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.
Yeah, I agree that holding must be a kind of strategy hence we need to plan up many things to make it work for us properly. We cannot plan up for holding for years simply because what we are going to invest needs to be locked for years hence we must have some other sources to compensate what we are going to lock for years. I guess this is the point where many people are mistaking with holding which finally leading them to disturb their long term holding plans.
legendary
Activity: 2884
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May 06, 2021, 12:25:18 PM
#85
Yep, of course, holding is not an easy task. Even trading is not simple. Hold, of course, we do for a long duration. This is the time we spend in a state of anxiety. It is not apparent to announce when the market circumstance is. Many times it is glimpsed that it is not going to be sold when it is needed. Furthermore, even if the price is high, there is no route to sell. Many periods the price of the coin never goes up again. All in all, one has to handle a dilemma. So literally holding is not an easy thing.   
Well, if you are spending that time in anxiety that is the problem right there, you need to learn about how you should not be feeling any anxiety at all and you will see that holding is a lot easier in that situation. I am not saying that it will be a piece of cake, of course it is going to be difficult but I believe it is not that difficult, I believe it is quite easy when you do not feel anything about it. Problem with anxiety is that if you let it overtake you, you can't do anything in your life and not just crypto holding and that is why you have to learn to calm that down.

I know it is not easy but at least if you know where to focus your situation, you could make some profit holding and can do that easier. I used to have the same feeling, after a while it became such normal feeling that I literally started to just ignore all my holdings when they go down or up.
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May 06, 2021, 10:32:35 AM
#84
Yep, of course, holding is not an easy task. Even trading is not simple. Hold, of course, we do for a long duration. This is the time we spend in a state of anxiety. It is not apparent to announce when the market circumstance is. Many times it is glimpsed that it is not going to be sold when it is needed. Furthermore, even if the price is high, there is no route to sell. Many periods the price of the coin never goes up again. All in all, one has to handle a dilemma. So literally holding is not an easy thing.   
hero member
Activity: 2982
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May 05, 2021, 05:00:58 PM
#83
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.
That is really matters if what coin that we have to hold. I commit myself to make it a habit but I use not put a time frame of how long I'm going to hold because that also depends on the market situation and since we are looking for a good price, we have to sell it when finally got the profit.

Having 5 years, 10 years on holding, it is probably not what I expecting for the holders, I'm not sure if someone can afford to do it.
hero member
Activity: 2926
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May 05, 2021, 04:40:32 PM
#82
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.
Depends on who you ask? For me holding is quite easy, I do literally nothing when I hold, it is the easiest thing in the world. Some people panic and they sell, some people get hyped and buy with everything they own, and those people are not emotionally ready to be an investor that is the only problem, I personally do not see that as a problem, I believe it is not really a problem at all because all I have to do is live my life like nothing changed and that’s it.

I am not super rich or anything but I bought bitcoin when it was under 10k and I made a good amount of profit thanks to that, I also invested into BNB when it was 37 dollars so that was a good one as well, both of which made me a good profit yet I never sold nor had to do anything, I just keep them in my wallet and move on with my life, it is quite simple. I understand others, but if you reach to this mindset, it will become easy.
hero member
Activity: 1484
Merit: 928
May 05, 2021, 04:31:01 PM
#81
From the little experience am having holding a coin is not really a easy task because our daily need won't really make it easy to hold I believe am having thesame problem, I find holding a coin a difficult task because of my daily need when you make up your mind that you want to hold a coin due to your daily need and you don't have any other way to get money from you might endup selling little from the coin you are hold and that is how it really start till you sell all the coin you plan on hold. Have been thinking about where you can just keep your coin and forget about it but have not seen anywhere yet. Seriously only the strong can hold a coin.
legendary
Activity: 2940
Merit: 1083
May 05, 2021, 03:14:04 PM
#80
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.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
May 05, 2021, 03:10:51 PM
#79
Holding is only for those that have the attitude to hold even when the market is showing signs of weakness. I do not think, it helps in labelling rich people as holders as I believe that if you can't go about your daily life without having to rely on your crypto investment then no investment would be good enough for you.

Crypto is volatile and you can't rely on it for your daily existence. The holders are only those that can afford to lose that investment - that's what investment should always be about. If you can't afford to lose it, then you can't say you're investing properly.
Only money is more than your life so long-term investments will be much better because they will not be pursued by needs even though there are weaknesses in the market, we do have to have a defensive attitude in holding and it's not as easy as what you imagine unless you forget about it and remember again in a long time surely you will be strong in this.

There have been many who have done this, but they still cannot survive because of their attitude, that is why attitude must be important and also never be tempted by anything because if we look at it it will certainly make more panic and chaos how the asset reduces it.
hero member
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May 05, 2021, 01:53:18 PM
#78
Holding is never going to be easy for anyone thinking crypto is a get rich quick type invest, sorry to break your bubble but you will be dissapointed!

Investing in crypto is not so different  from investing in anything like a business, this takes time except bitcoin has proved to have a better ROI over time than anything else IRL.
legendary
Activity: 2030
Merit: 1189
May 05, 2021, 01:52:12 PM
#77
Holding is only for those that have the attitude to hold even when the market is showing signs of weakness. I do not think, it helps in labelling rich people as holders as I believe that if you can't go about your daily life without having to rely on your crypto investment then no investment would be good enough for you.

Crypto is volatile and you can't rely on it for your daily existence. The holders are only those that can afford to lose that investment - that's what investment should always be about. If you can't afford to lose it, then you can't say you're investing properly.
jr. member
Activity: 1708
Merit: 3
May 05, 2021, 01:29:29 PM
#76
Holding is definitely meant for the rich in my opinion .I was paid bounty rewards last year from the forum and was able to hold it for a few months because I was very sure that after the launch of the project platform price will go up .The need to pay my school tuition fees arises and I was left with no option but to sell all the coin for just sixty-five dollars,today the coins almost worth Four hundred dollars .If I had enough at that time I would not have sold my coins that cheap.
hero member
Activity: 2814
Merit: 576
May 05, 2021, 12:59:24 PM
#75
Its a quite a hard thing in the market.
If you cnat hold. You will regret for sure.
So learn how to hodl.
First step is not checking market more than twice a day.
It will decrease your chances of selling in small corrections
Holding won't be as easy as that. It's easy to say hold your coins but definitely hard to perform most especially if you don't have funds for emergency cases. But if you aim to make a lifetime savings through holding, it's a good start but make sure to manage your funds properly so you won't end up selling your coins after few months from holding. The profit might not that big but still very useful.
jr. member
Activity: 420
Merit: 1
May 05, 2021, 12:19:40 PM
#74
Its a quite a hard thing in the market.
If you cnat hold. You will regret for sure.
So learn how to hodl.
First step is not checking market more than twice a day.
It will decrease your chances of selling in small corrections
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
May 05, 2021, 12:08:53 PM
#73
That's just the way it is, before thinking of holding you have to make sure you won't be needing that money for a very long time meaning you have to make sure you are financially stable, but life is very unpredictable our needs and wants are unsatisfiable, from time to time we need money to settle some issues on ground cause whether we like it or not problems will always be there and money is needed to solve them, so it's really hard to hold a coin for long term except you have a spare cash which you could use to sustain yourself until you finally decide to sell your crypto holdings.
sr. member
Activity: 2842
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Vave.com - Crypto Casino
May 05, 2021, 11:41:03 AM
#72
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 good not only for the rich people but also for those financially capable and with a lot of patience. Holding is not appropriate to the people who just trade to earn a little profit from their small capital daily.  What if the value of token you hold suddenly drop down? Of course you need to wait for it to pump again to avoid loses. It also takes time.
A hodler that is financially incapacitated will have no option than sell some coins to cushion the effect, honestly it is not easy for less privilege individuals to hodl of course they has to survive whatever conditions they found themselves, however that does not mean selling off their portfolio, it's appropriate to hodl some coins at least to have something to fall back in case of any eventuality
hero member
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DGbet.fun - Crypto Sportsbook
May 05, 2021, 11:21:50 AM
#71
Yes, I have experienced this several times because I am not a rich person with a lot of money. But I don't agree that holding is only good for rich people, because slowly if you continue to learn and have money management for your life needs, then I believe holding will still be possible for those who are not basically rich people. But yes, what is certain is to make a lot of deposits first before they end up being spent on buying and holding. With a more mature plan it will keep your investment profitable, it doesn't mean you just buy without a financial plan because obviously it will be dangerous in the future.
Always set out plans even if you do just tend to hold on what you have currently accumulated, dont just simply accumulate blindly because everything should really be in plan and moderation.

When it comes to investment then nothing beats out when you do know on how to handle up risk and dont expect much on getting rich instantly.It is a long process and depending on what are the

steps you've been doing in the past. Holding is indeed not an easy thing but if you do set out goals which makes you inspire then i dont see for it to be really that hard.
for now what I have noticed with people who are pursuing crypto is wanting to get rich quick. we should throw such thoughts away, because they usually backfire on us. trading must be disciplined, measured, and be able to take advantage of opportunities and not be greedy, take sufficient profits and look for opportunities to come again
Your theory is a very solid foundation for success but its level of detail is not too high, which made many investors more illusions about wealth through crypto, they don't think they'll get rich right away but they still think they'll be rich in just a few weeks and a few months or just through some of the signals other people provide daily. The stop in holding will be what makes this method not easy, the stop is something too vague and depends on the investor's mood, knowing that stopping early is good and vice versa.
full member
Activity: 1386
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ComboLabs
May 05, 2021, 11:12:39 AM
#70
I know it's not something easy to do, because we have to really be patient and know which direction the coins we hold are going,
whether Bullish or Bearish, we have to really buy those coins at a cheap price or at the bottom, if not then your hold will be useless.
not all coins can increase 10x or 5x, there are even coins that do not increase at all and ROI is still negative.
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The Standard Protocol - Solving Inflation
May 05, 2021, 09:40:26 AM
#69
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.

Well, that's just the harsh reality of hodling. You buy a coin but then because of pressing needs or even just some daily need that needs to be attended to, you'd sell off at a price after making a little profit only to find out after some time that the price has actually increased such that you could have made much more by just waiting.
I, however, believe that if one have the mentality that the price of a coin will always rise, such person won't at any time sell because all coins, except stable coins, have the potential to rise. And that means you'd have money digitally and not be able to use the money even when you need it.
What I do in such cases is that I sell the coin and I stop monitoring it.
Maybe hodling is really for the rich who can buy and hodl for a long time.
sr. member
Activity: 1876
Merit: 318
May 05, 2021, 06:02:51 AM
#68
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 not for the rich, but rather for people who have an income. Because people who have an income can certainly manage their finances,
and usually the money used to buy coins is extra money. So the money from the start was not for buying daily necessities. So if you are holding,
but selling it because to buy daily necessities, you should not invest in crypto first. It's better to focus on looking for work that does have
a bigger income, so you have extra money to get holding coins.
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