holding is not an easy thing - page 4.

DarkDays

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Quote from: otundebis on September 27, 2021, 02:51:44 PM

I think holding is not for the rich, rather, it is for those who are disciplined and know what they want. Holding is simple, just buy and actively forget what you are holding! The failure rate for traders are staggering and I once saw a data that concludes that 93% of traders
perform below simple buy and hold profit strategy! If you are serious about making money in Cryptocurrency space, you must hold and literally, a little bit more longer than average holders!

Your point on discipline is right on target. Not many people know about delayed gratification, it is all about the NOW. Unfortunately, the poor always think about the NOW not so much further into to the future but this may be only my experience...

To me, holding is something I see when people have a clear goal and are not relying on their investments for their day-to-day expenses which I suppose makes holding easier. It also is a state of mind and for sure discipline plays a huge role!

Though, I agree sometimes holding can be challenging, but not at all when the markets are green and their future looking promising Cheesy

blockman

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Bitcoin reached another all-time high.
If you have been one of those people that have been holding and saw the lowest and the peak then you're good and it's worth your time and effort for holding.
Holding for others may not be easy but you won't also get a decent reward if you're impatient and that's why you have to learn how to hold.

BruceLee98

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Yes I believe holding is never easy. Life threatening challenges may come which requires financial assistance and this makes you to sell off some of your digital assets. To be a very successful long term holder you need to find additional source of income that can keep you busy and help you always stay away from always refreshing and looking at your wallet all the time and this will help you hold your asset for a very long time.

airdata

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Quote from: smartaction on September 28, 2021, 11:15:56 AM

Very few people can hold their coins for a long days or year. They are successful in their life and they can be rich.

Everybody can not hold coin for long time and its have some reason, not have patience. Daily trader and new trader can not hold coin, becouse they want just instant profit, a many people instant sell their holding coin for crypto penic.

smartaction

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Cryptocurrency mostly depends on luck. Its victory is not written in everyone's destiny. But everyone wants to be rich and Everyone wants to hold some good coin. But not everyone is able to hold their coin for the cost and dangers of his daily work. Very few people can hold their coins for a long days or year. They are successful in their life and they can be rich.

Golftech

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Quote from: RokokGudangGaram on September 28, 2021, 02:29:44 AM

Yes holding indeed is not an easy thing, you know why? You keep thinking what if the price drops, what if it is the peak? should I sell it now? in simple terms, you don't have any peace in your mind if you are just holding.

This only happens if we hold coins that do not have a good price history and do not have strong fundamentals, but if we hold BTC, ETH and BNB then it is very possible for us to get big profits in the future, actually the holding method can reduce the rate depression for crypto owners if done using the right strategy.

If you have a good strategy to hold your asset and set a plan target before selling without worrying, the numbers of coins from your example

are good asset for long term, but you can also play it around if you already gained knowledge about this industry,
not easy but doable, depending from the knowledge that you have knowing how to anticipate the market movement.

blockman

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Quote from: RokokGudangGaram on September 28, 2021, 02:29:44 AM

Yes holding indeed is not an easy thing, you know why? You keep thinking what if the price drops, what if it is the peak? should I sell it now? in simple terms, you don't have any peace in your mind if you are just holding. If that's what you feel then you are not for holding you supposed to do day trading.

You're not a firm holder if you're thinking about selling when you see the market isn't on your side. But that's the essence of holding because it's making you more patient and following your plan of just holding it until it reaches the desire price you set.

Quote from: RokokGudangGaram on September 28, 2021, 02:29:44 AM

Holding also is a type of mid to long term investment and it will really need some patience and discipline in order to hold coins.

True and that's why it's not for those people that don't have temperance and looking to see their growth quickly. It's a long process that you shall see the worth of why it's profitable to hold and why many people do it.

RokokGudangGaram

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Yes holding indeed is not an easy thing, you know why? You keep thinking what if the price drops, what if it is the peak? should I sell it now? in simple terms, you don't have any peace in your mind if you are just holding. If that's what you feel then you are not for holding you supposed to do day trading. Holding also is a type of mid to long term investment and it will really need some patience and discipline in order to hold coins.

Linkineri

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Ignore the value of the coins, not the coins themselves. Consider it a collectable, similar to the Pokemon cards you used to collect when you were a kid. When necessary, relocate them to a more suitable location and provide sufficient assurance that they will not be lost. That is all there is to it. Holding gets tough if you constantly watching the market as if you're going to get rich in a week or two. Don't do that, in my opinion. Holding is named that for a reason: it's for the long haul, and it's a very long haul at that.

Check the market once or twice a month, but always stay to the timeframe you've chosen.

otundebis

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I think holding is not for the rich, rather, it is for those who are disciplined and know what they want. Holding is simple, just buy and actively forget what you are holding! The failure rate for traders are staggering and I once saw a data that concludes that 93% of traders
perform below simple buy and hold profit strategy! If you are serious about making money in Cryptocurrency space, you must hold and literally, a little bit more longer than average holders!

carlisle1

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Quote from: SacriFries11 on September 27, 2021, 09:26:06 AM

Quote from: Luke Briggs on September 25, 2021, 03:38:24 AM

It’s not easy to keep patience for a long time. We will want to see market conditions all the time. We will always pay attention to the price of the coins we have purchased. The best way to hold it is to uninstall the APP after purchase and not pay attention to any software.

Yes long term hold is difficult if we are monitoring the market from time to time. Continuous dump for a week will surely make us worry. But if we ignore the market and believe on the coin that we are holding, we can make the long term hold easy. My friend did it. Her small amount of bitcoin left from her earning in 2017 was still on her wallet right now. I don't know until when she will hold it but knowing the difference of btc price in 2017 and 2018, she already gained a lot.

Good traders knows how to deal with the market cycles, before taking any decision they already created sets of plans,

Making sure that they will not be affected of anything that happened around the market, they are just minding their own business waiting to how they

will execute their trading position. If you have this kind of plan, you'll not going to panic since you know and understand that it will going to your favor if

you know how to deal with it the right way.

Alisha FR

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Quote from: ItsCrafty on August 26, 2021, 12:13:06 PM

An excellent post to talk about, I was thinking to post like this but you did a very good job. So, i would like to tell you about holding which comes to every trader in a form of patience, the more patience in trader, the more chances will be there for profit. As i want to say that getting profit is not that easy but taking some risks. So, i would prefer the day traders to give much time to trading.

Yes, holding will come to every trader, but do they decide early on to invest? I don't think so. Every trader has a profit target, and it is not easy to get it. They have to be patient in order to get back the losses due to the dump market. But not all traders are able to be patient with this, so it is very important to have other savings for urgent needs and not to sell their assets in crypto.

SacriFries11

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Quote from: Luke Briggs on September 25, 2021, 03:38:24 AM

It’s not easy to keep patience for a long time. We will want to see market conditions all the time. We will always pay attention to the price of the coins we have purchased. The best way to hold it is to uninstall the APP after purchase and not pay attention to any software.

Yes long term hold is difficult if we are monitoring the market from time to time. Continuous dump for a week will surely make us worry. But if we ignore the market and believe on the coin that we are holding, we can make the long term hold easy. My friend did it. Her small amount of bitcoin left from her earning in 2017 was still on her wallet right now. I don't know until when she will hold it but knowing the difference of btc price in 2017 and 2018, she already gained a lot.

jossiel

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Quote from: Luke Briggs on September 25, 2021, 03:38:24 AM

It’s not easy to keep patience for a long time.

To someone new, it's hard to do so. But if you've been grown in time and experienced a lot of bad times in the market, you'll be more patient enough to survive.

Quote from: Luke Briggs on September 25, 2021, 03:38:24 AM

We will want to see market conditions all the time. We will always pay attention to the price of the coins we have purchased. The best way to hold it is to uninstall the APP after purchase and not pay attention to any software.

You still need to install it for monitoring the track and progress of your asset but I also do that if it's too much and there's a deep crash.

Bombbi

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Maintaining a long-term holding is difficult. To ensure that there is sufficient financial support to meet other expenses and the money that is not invested when emergency funds are needed, to be able to analyze the market and market trends to predict the future direction of the currency, and to have enough patience to wait for profits.

Cadaver20

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You really said something true that, "holding is not an easy thing." Because sometimes we have to sell to meet our daily needs or we have to sell at the beginning of pumping for a small profit and then regret it later. In my case, what is more is that what I hold is dumped and what I sell is pumped. So now I am following the new strategy no holding just sell and cash out.

Lanatsa

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Quote from: martina14 on September 25, 2021, 12:28:17 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.

Correction dude, holding is easy and the only hard thing I think is if you are impatience, lack of knowledge about the coins you are planning to hold in the long terms, I guarantee you that it will be hard for you to hold. But for the full of idea knowledge about what they are entering here in this field of business in the cryptocurrency surely everything would be easy for you.

Not that easy because there are really times that on when it do really poke us up on making a sell whether on a declining market or a market on where everything is fomoing or shoot up above.

So I do really agree that this holding thing is never an easy one if you are sure about holding into a certain coin/asset just because you do really believe into its potential then it is really someone

could able to take on and this isn't something that would really be just that the same on what others been doing.It will really be varying on someones actions basing up with their perceptions.

martina14

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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.

Correction dude, holding is easy and the only hard thing I think is if you are impatience, lack of knowledge about the coins you are planning to hold in the long terms, I guarantee you that it will be hard for you to hold. But for the full of idea knowledge about what they are entering here in this field of business in the cryptocurrency surely everything would be easy for you.

nurilham

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it's difficult to control our emotions especially when the market is in turmoil, and a better decision is to hold it than sell at a low price. many people feel frustrated with it but all of it takes patience and also a mature mind. Based on my experience, I continue to hold the crypto that I have even though the price is good at the time. I believe that if I hold it longer then the price will be much better. but that's not it, the price is actually getting worse and from that I learned that don't be too rash and also make the best use of time to hold the coins we have.

sumant

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Yes holding is definitely not an easy things. Very big task for any cryptocurrencies holder, if we learn this lesson then 10 to 100x will be ready for us any time. Holdings are always difficult for traders that has low amount of capital because their daily needs not help to hold coins for big times. Those trader who has big money even don't remember his investment then he will gain really big amount in future.

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