In fact, holding is a very difficult job because you have to be very patient when it comes to holding. If you are not patient, there are some long-term invested coins that you can pump as you market. You want to sell them but if you hold them for a long time, you can get a lot more profit. So holding in the world of cryptocurrency is a very difficult and complex process.
It really depends on the characteristics that you have as a trader and the expectations that you have out of this market, for newbies that do not really know what they are getting into and that have expectations of getting rich almost immediately then holding is going to be incredibly difficult, however if you really believe in technology behind bitcoin and your expectations are conservative then holding is going to be way easier especially if you take the time to look at the market and enter when it's stable and not when it's going up. 
Topic: holding is not an easy thing - page 7. (Read 2511 times)
To get the profit fast the day trading is best for the traders, and another words it needs constant concentration and your daily profit, but you can say that in holding it is not mandatory to have always concentrated on the coins and most importantly the coins which can give you daily profit can also give you profit in holding.
It's true that holding is not an easy thing. Hold takes a while and will test your patience. Especially for those who have capital with mediocre money, this is a big challenge because if the market is down and suddenly they need impromptu money that must be met immediately they are forced to take money by selling coins at low prices. Hold is profitable for those who have enough money and will be difficult for those with mediocre capital let alone use their economic base money.
That's right, for people with a mediocre capital, they may only be able to invest in the short term. Serambi collects money from the difference in profits. I'm sure if you are patient over time, it will turn into a hill.
Personally I've been in this position where I hold coins but I also need money for some purposes. It's not an easy thing to decide because my position at that time was in a pinch. I started selling half of my assets at a hefty price and after selling them I didn't dare to look at the crypto market again. Now I prefer to divide the money I get for assets and also for daily or sudden needs so that it doesn't happen again. So the money that I have to assets cannot be contested for purposes other than crypto. Now im more focused on turning assets in crypto so that they can feel the profits more.
It is difficult if you are hodling only one cryptocurrency and you have no other way to make money instead of that coin. Fortunately for me, I have the opportunity to hodl more than one cryptocurrency so whenever the need to take out some money, I just have to choose which one and hodl the other.
It's a very good way to rotate capital and diversify the portfolio. Personally, I just invest in a coin and hold them. I only reinvest if it's profitable and actually find something more interesting. such as YGGalot 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.
What do you mean by HODLing is for the rich? Anyone can HODL- to be honest, I started with nothing before I joined this forum. All the proceeds that I got from participating in campaign signatures, I kept them and HODL them until the price of BTC skyrocketed at the last quarter of 2018. After that, I sold all and profited almost instantly.
HODLing is not for the rich- it is for the people who have a goal of reaching long-term investments. The rule in HODLing is always the same- purchase low, sell high. If you are comfortable enough with the proceeds during the 'high', then you can sell 60% of your coin and re-purchase the remaining for a higher profit.
It's true that holding is not an easy thing. Hold takes a while and will test your patience. Especially for those who have capital with mediocre money, this is a big challenge because if the market is down and suddenly they need impromptu money that must be met immediately they are forced to take money by selling coins at low prices. Hold is profitable for those who have enough money and will be difficult for those with mediocre capital let alone use their economic base money.
Holding is an easy when you take it patiently,It's hard to control your emotion but patience is necessary to holding . When you make to holding then you need to more patience. Patience is key for holding.When you start trading then you can choose more valuable coin and logn time holding, I hope this holding can get you good profit.
Holding is doing nothing. Nothing is not hard thing.
1. Buy
2. Wait
3. Target Profit
Seriously, what more? Drawdown? Of course it will go lower, if so thats an opportunity to buy more.
Holding is for years, just buy and wait, easiest strategy.
Other thing is DayTrading, that’s not easy thing. But even here, after several years we know how to profit daily.
1. Buy
2. Wait
3. Target Profit
Seriously, what more? Drawdown? Of course it will go lower, if so thats an opportunity to buy more.
Holding is for years, just buy and wait, easiest strategy.
Other thing is DayTrading, that’s not easy thing. But even here, after several years we know how to profit daily.
Truly it's not easy to hodl but we must be disciplined in order to achieve our aim, truly be being rich makes holding easy because a rich man can just pull out some funds and buy up a coin and forget about it for a long time, but an average man with no much funds can buy a coin and tomorrow he got a need which is urgent and will need money and might sell up the coin so quickly to sort out his needs, but so bad the coins a sold so quickly might be his life changing opportunity.
In fact, holding is a very difficult job because you have to be very patient when it comes to holding. If you are not patient, there are some long-term invested coins that you can pump as you market. You want to sell them but if you hold them for a long time, you can get a lot more profit. So holding in the world of cryptocurrency is a very difficult and complex process.
I don't find it difficult. When you're with the market for years, your patience and tolerance have improved a lot so holding is an easy job. But as a newbie, you're easily moved by the market every day. And that's what you're trying to avoid when you're holding because whenever you see a plummet, you're likely to think that it's the end already. But don't forget that many of us went with that thinking.
alot of people really want to hold but the daily needs of life make them sell off at little profit
That's why don't use the money for daily life to buy crypto coins. Just use the money that you can afford to lose. In this way, you can hold your crypto coins as long as you want. I suggest you not be too greedy or force yourself to buy coins while you don't have enough money. If you force yourself to buy, you probably use all money to invest in crypto coins. This is not the right way, it can make you get difficulties to fulfill your daily needs.
In fact, holding is a very difficult job because you have to be very patient when it comes to holding. If you are not patient, there are some long-term invested coins that you can pump as you market. You want to sell them but if you hold them for a long time, you can get a lot more profit. So holding in the world of cryptocurrency is a very difficult and complex process.
One common thing I've heard over the years from many people is the quote, "all you did was buy Bitcoin." It's funny to me, because I made my first Bitcoin purchase for myself recently and it was a very miniscule amount. I've actually found the people who say that to me have ALWAYS purchased more Bitcoin than I have and yet never saw success because they sold and didn't believe. If holding was easy, then that wouldn't be the case. Nowadays you have lots of options to spend your Bitcoin, and many people feel the need to do so in order to lock in profits. So next time someone wearing Jordan's on their feet tells you that all you did was hold Bitcoin, show them the holes in your underwear and tell them being wealthy isn't for everybody. 
LOL, but this is not only related to bitcoin it is the culture in general, I always see people claiming they are broke and that they have no money while taking a sip from their Starbucks coffee while wearing their expensive clothes, and they are right they are broke but it is a choice they made, they do not realize that being wealthy is also a choice and it all begins with your spending habits, after all it I easier to reduce your expenses than to increase your income.and minding about leverage business and income to sustain themselves but not really that showy nor that obvious which are the true rich one.They do know on how to make business grow and they do know
on how it works and make it sustainable.Hodling isnt an easy thing specially here on crypto because invesment isnt something that you could just deal without any seriousness in mind.
It wouldnt really be sustainable if you do really have this kind of mindset on where you do really end up on debts on that case where you do push yourself to be one even if you arent that capable off.
Investment and other source of income could make others rich but of course this isnt something that you could just attain without doing anything.
In talks about cryptocurrency investment then this do involves holding and yes its never been an easy thing since there are lots of factors that would be affecting you.
The idea that holding is for the rich should be discarded! I for one have held bitcoin for more than five years and I am not rich, I'm just a middle class!If you are in cryptocurrency for quick profit, I'll you will not be able to hold! If you wamt to hold your coin, first grt a job and go to work daily and leave your crypto portfolio alone!
One common thing I've heard over the years from many people is the quote, "all you did was buy Bitcoin." It's funny to me, because I made my first Bitcoin purchase for myself recently and it was a very miniscule amount. I've actually found the people who say that to me have ALWAYS purchased more Bitcoin than I have and yet never saw success because they sold and didn't believe. If holding was easy, then that wouldn't be the case. Nowadays you have lots of options to spend your Bitcoin, and many people feel the need to do so in order to lock in profits. So next time someone wearing Jordan's on their feet tells you that all you did was hold Bitcoin, show them the holes in your underwear and tell them being wealthy isn't for everybody.
LOL, but this is not only related to bitcoin it is the culture in general, I always see people claiming they are broke and that they have no money while taking a sip from their Starbucks coffee while wearing their expensive clothes, and they are right they are broke but it is a choice they made, they do not realize that being wealthy is also a choice and it all begins with your spending habits, after all it I easier to reduce your expenses than to increase your income.and minding about leverage business and income to sustain themselves but not really that showy nor that obvious which are the true rich one.They do know on how to make business grow and they do know
on how it works and make it sustainable.Hodling isnt an easy thing specially here on crypto because invesment isnt something that you could just deal without any seriousness in mind.
One common thing I've heard over the years from many people is the quote, "all you did was buy Bitcoin." It's funny to me, because I made my first Bitcoin purchase for myself recently and it was a very miniscule amount. I've actually found the people who say that to me have ALWAYS purchased more Bitcoin than I have and yet never saw success because they sold and didn't believe. If holding was easy, then that wouldn't be the case. Nowadays you have lots of options to spend your Bitcoin, and many people feel the need to do so in order to lock in profits. So next time someone wearing Jordan's on their feet tells you that all you did was hold Bitcoin, show them the holes in your underwear and tell them being wealthy isn't for everybody.
LOL, but this is not only related to bitcoin it is the culture in general, I always see people claiming they are broke and that they have no money while taking a sip from their Starbucks coffee while wearing their expensive clothes, and they are right they are broke but it is a choice they made, they do not realize that being wealthy is also a choice and it all begins with your spending habits, after all it I easier to reduce your expenses than to increase your income.and minding about leverage business and income to sustain themselves but not really that showy nor that obvious which are the true rich one.They do know on how to make business grow and they do know
on how it works and make it sustainable.Hodling isnt an easy thing specially here on crypto because invesment isnt something that you could just deal without any seriousness in mind.
One common thing I've heard over the years from many people is the quote, "all you did was buy Bitcoin." It's funny to me, because I made my first Bitcoin purchase for myself recently and it was a very miniscule amount. I've actually found the people who say that to me have ALWAYS purchased more Bitcoin than I have and yet never saw success because they sold and didn't believe. If holding was easy, then that wouldn't be the case. Nowadays you have lots of options to spend your Bitcoin, and many people feel the need to do so in order to lock in profits. So next time someone wearing Jordan's on their feet tells you that all you did was hold Bitcoin, show them the holes in your underwear and tell them being wealthy isn't for everybody.
LOL, but this is not only related to bitcoin it is the culture in general, I always see people claiming they are broke and that they have no money while taking a sip from their Starbucks coffee while wearing their expensive clothes, and they are right they are broke but it is a choice they made, they do not realize that being wealthy is also a choice and it all begins with your spending habits, after all it I easier to reduce your expenses than to increase your income.
holding means more patience becouse if you think that you make money in future life then pick a coin and forgot for few time thats way you make profit it you see a coin again again that you will not make profit becouse patience = profit
Holding is very good for big profit. Its happen with me many time when i sell any coin because of family need sometime coin price goes 3x or even 10x. Then i have nothing to do but only regret. Rich people can Hold for ling time and i believe that can get big profit.
Holding is meant for the rich not the poor or average traders. Holding needs patience and is time consuming which makes it uneasy for short time investors and traders to hold there assets for a long time which can attract more rewards for an investor. Although it depends on the coin a trader is holding that will determine the strength and volatility of the coin. Jump to: