Topic: holding is not an easy thing - page 8. (Read 2511 times)
Investing in cryptocurrency and holding on to it is really hard work. Adequate experience and patience are required to hold the purchased cryptocurrency considering both the positive and negative effects of the market. In most cases, it is seen that when the market starts to decline, many people sell the stored cryptocurrency to them thinking of more losses. On the other hand, in case of an increase in market value and return on investment, investors want to take back the profit earned in case the market goes down later. On the other hand, in case of an increase in market value and return on investment, investors want to take back the profit earned in case the market goes down later. In this case, only skilled and experienced foresighted people can hold their cryptocurrency for a long time.
That's right, it happens often. if they say they are impatient it is certainly not true because there really is an urgent need that must be met, so they must be forced to take that step. especially for those with small capital, this becomes a big challenge because urgent needs that come so suddenly can destroy the market strategy they have made before. The step to minimize this from happening is to not hold the coin for too long, take profits little by little but do it regularly so that this can reduce risk.
It’s not an easy thing to hold if you have no knowledge about risk management. It’s really important for you to know more about risk management. Before you invest that money, make sure that you already treat it as “dead money” where no matter what happens it’s just okay with you.
I hold Ethereum since the day it was just under $200, and now it’s above $3,000. You’ve also got to take a look at its fundamentals and doing your own research (DYOR) before investing.
I hold Ethereum since the day it was just under $200, and now it’s above $3,000. You’ve also got to take a look at its fundamentals and doing your own research (DYOR) before investing.
"hodling" requires faith. you can't do it rationaly
with that being said, venture capitalists do it actualy in a rational way by diversifying (you can't realy diversify in crypto only, though).
they will put their money in, let's say, 10 very high risk investments and "hold". they might be loosing half of their money because 5 of them die. 3 of them stay the same. but 2 of those grow 10 times.
So if they invested $1 in all of them, they got: lost $5 to the dead. kept $3 of those which didn't move. and keep $20 from the 2 which exploded. So they gained $13 with $10 even though half their investments died
with that being said, venture capitalists do it actualy in a rational way by diversifying (you can't realy diversify in crypto only, though).
they will put their money in, let's say, 10 very high risk investments and "hold". they might be loosing half of their money because 5 of them die. 3 of them stay the same. but 2 of those grow 10 times.
So if they invested $1 in all of them, they got: lost $5 to the dead. kept $3 of those which didn't move. and keep $20 from the 2 which exploded. So they gained $13 with $10 even though half their investments died
Holding need big patience,In fact, we can increase the original amount of currency held in other ways, and at the same time, we can earn some spreads without waiting for the currency to rise. Always trending coin can give you more profit than just holding coin.
Indeed. It is hard to hold when you have nothing else but the BTC you have or the coins your holding and if there isn't anywhere you could get money for your everyday needs, you will be forced to sell it in a low price instead. Holding is really need to have big patience. A lot of people want to hold but still they've been forced to sell it because of their daily needs. But, some of them are thankful since they've learned a lesson which they can make as an inspiration to their next hold of coins to gain more profit. 
Holding need big patience,In fact, we can increase the original amount of currency held in other ways, and at the same time, we can earn some spreads without waiting for the currency to rise. Always trending coin can give you more profit than just holding coin.
Holders do not have to be wealthy; anyone may be a good holder if they have the mentality and confidence to hold the token. Profits of 3x or 10x were really good, and you should be glad for every profit you receive and never regret any decision you make. If you invest with free money, you may never complain about making a profit sooner than expected owing to a daily requirement.
Yes, we should be smart to be grateful for the benefits we get. Especially if the coin that we produce is from something free. I'm always happy every time I get a profit I never feel sorry when selling coins because that's my decision.but this is actually on users preference since not all would really be that good on doing trading this is why they would go with the most easiest option but as mentioned that this
wont really be easy as it sounds because there would be several factors that would affect your mindset and emotion specially when you are trying to look the market condition
very actively.
I am a crypto trader and also i am a little investor, but sometime i did a big mistake, 54k YOUC token was my wallet and then its value was $60 usd, so i decided that i will hold it for long time on my wallet. One month Later i see that its price has good increase and its total value is $240 usd, so i sold it, that was my big mistake, that i sell my all youc and next month its totall value has $3000 also still its value $5k usd.
Mistakes like these are common because whom had thought that a certain coin would pump that high? specially if you've been holding some coins which arent known and just simply make out some pump randomlywhere the first thing that would put up into your mind that you should really secure profits out of those coins as soon as possible and since we dont know on what would happen next in the future
then its just normal that we would really likely to miss out opportunity to earn more because we are in a hurry on securing profits when it do pumps but we didnt expect that it would even go higher.
I am a crypto trader and also i am a little investor, but sometime i did a big mistake, 54k YOUC token was my wallet and then its value was $60 usd, so i decided that i will hold it for long time on my wallet. One month Later i see that its price has good increase and its total value is $240 usd, so i sold it, that was my big mistake, that i sell my all youc and next month its totall value has $3000 also still its value $5k usd.
You cant consider it as a mistake since you made 4x ROI from your initial investment. You did not know that it will have bigger value after you sell it, did you? It is an usual thing and I'm sure many people experienced similar thing with you. You can say it as a mistake if you know in advance that your token will have bigger value but you decided to sell it in cheaper price.
You can learn from this experience, once you hold something and you see the price grows up, dont sell it all. Sell partial amount only and keep some others for longer holding. At least you have made from the first selling in case the price is not growing as what you expect after you sold some of your holding.
I am a crypto trader and also i am a little investor, but sometime i did a big mistake, 54k YOUC token was my wallet and then its value was $60 usd, so i decided that i will hold it for long time on my wallet. One month Later i see that its price has good increase and its total value is $240 usd, so i sold it, that was my big mistake, that i sell my all youc and next month its totall value has $3000 also still its value $5k usd.
More often than not, people want to make quick money, and they think of the word hold as if they would have to wait a few months.
People are simply not ready for the fact that sometimes they have to wait several years before they get a really good profit.
- The reality is that most people are ready to stay in the same position for months and years, but the time that people usually think is just a few blinks of an eye, it becomes a quiet space beyond the ordinary, only knowing to be silent to keep oneself from being shaken, ignoring the thorns, I hate to say that this is quite a bit of torture and honing. Maybe you are right that this life is not our principle nor our way of life, that becomes a cruel precept and many people just take one small step to refuse to participate and do not want to experience such a lifestyle. People are simply not ready for the fact that sometimes they have to wait several years before they get a really good profit.
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.
This is the problem when you invest the money you can't afford to lose. Projects really needs time to grow. Time for developments and to spread the word of their work for them to have more community awareness. Aside from that, market volatility and price manipulation from whales is really a thing that dictates its price action. What if you buy a coin and leave it in wallet for a year or so. Surely you'll have a profit way beyond expectations.
More often than not, people want to make quick money, and they think of the word hold as if they would have to wait a few months.
People are simply not ready for the fact that sometimes they have to wait several years before they get a really good profit.
People are simply not ready for the fact that sometimes they have to wait several years before they get a really good profit.
sometimes rich people don't always take assets that are held. Rich people tend to use free money to get assets, so holding for people with ordinary economy seems difficult because it is always needed for everyday life. so I think the most important thing is how we manage our assets properly and correctly
they have strategies to earn another assets , and investment never took to get new assets , they will use sources that have to get it. Holding assets should not did if we still have another need to filled, make priority list so we will know which one will get first priority and just do it. in negative too and its true that holding is never been an easy thing specially to those who do only have that one investment he do rely on and there are lots of factors that would really affect your decision
but if you are really that strong will and dedicated into holding then you could really resist those temptations for you to sell early and its plausible on looking into those long term hodlers
although this isnt really for everyone.
sometimes rich people don't always take assets that are held. Rich people tend to use free money to get assets, so holding for people with ordinary economy seems difficult because it is always needed for everyday life. so I think the most important thing is how we manage our assets properly and correctly
That's true, for some people that don't have much assets they tend to spend those probable assets that they have for their needs if the time comes. But for those rich folks that have already their assets on the hold, they generate profit from it to produce another assets. We cannot blame them as they've worked smartly which we should also think of applying to us.
So that our wealth will increase and as well as our holding in crypto assets.
sometimes rich people don't always take assets that are held. Rich people tend to use free money to get assets, so holding for people with ordinary economy seems difficult because it is always needed for everyday life. so I think the most important thing is how we manage our assets properly and correctly
they have strategies to earn another assets , and investment never took to get new assets , they will use sources that have to get it. Holding assets should not did if we still have another need to filled, make priority list so we will know which one will get first priority and just do it. 
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. 
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.
holders not only come from rich person , every one could be good holder as long they have good mental and confidence to hold token. 3x or 10x profits was very good amount profits, you must be gratefull for every profits you got and never regret with every decision taken. if you invest with free money maybe you never complain about closing profit earlier due daily need reason.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.
holders not only come from rich person , every one could be good holder as long they have good mental and confidence to hold token. 3x or 10x profits was very good amount profits, you must be gratefull for every profits you got and never regret with every decision taken. if you invest with free money maybe you never complain about closing profit earlier due daily need reason.
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.
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