It is easy if you have a reliable source of income where you can always take out a small portion of your income or salary and buy BTC or any other coins of your interest. You definitely can HODL long enough if you used the only money you have to buy BTC.
It can be comparable to how governments or companies deduct part of your salary to save for your retirement benefits or security funds. I guess it comes to one's will power. If you have very strong will power to HODL for 5 or 10 years, nothing can stop you.
Topic: holding is not an easy thing - page 22. (Read 2511 times)
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.
Only the rich can who can afford to buy and forget? yes maybe as well as the saying "Buy only what you are ready to lose" when it comes to investments.
Holding bitcoin or any other investments is that you are mentally ready for losses and thoughts like bitcoin going down and up back to its value 30k and it's really painful for those people (For example)who bought it on 40k and the value drop on 30k.
Or if you did not make any research in holding bitcoin well there is a first time for everything experiences is the best way to learn. Like a saying goes "Learn from your mistakes" and we all know that when we make mistakes we tend not to do it again and make something better out of it.
Hard to hold when you have nothing else but the BTC you have and if there isn't anywhere you could get money for your everyday needs, you will be forced to sell at a low price instead. It happens to many people including me. The economy caught us off guard really so if its possible to get two jobs while you invest a little of your income to BTC will still be worth and this is where you really can hold confidently.
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.
True, I have the exact same experience as yours. When the daily routines tackle your financial then unfortunately we have to use the savings from our different sources such as holding assets. People say it's easy to hold but if they think on our perspective, then they will probably feel the same way as ours. 
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.
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.
That's financial management and not just because you aren't rich and if you can able to spare even 5% fund from your monthly salary to invest in Bitcoin, that's a better way of saving while you also investing.
This is the reason why people think Bitcoin is a good asset because they think that adopting Bitcoin as a reserve asset but holding isn't that just easy especially if you are an average wage earner.
That's financial management and not just because you aren't rich and if you can able to spare even 5% fund from your monthly salary to invest in Bitcoin, that's a better way of saving while you also investing.
This is the reason why people think Bitcoin is a good asset because they think that adopting Bitcoin as a reserve asset but holding isn't that just easy especially if you are an average wage earner.
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.
Jump to: