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Topic: It's all about HODLing (Read 559 times)

full member
Activity: 143
Merit: 107
May 21, 2022, 11:24:02 AM
#61
That's not enough in the world of cryptocurrency because there are many things we have to learn and analyze first. If everyone just need to hold I think everyone can do it too, but in reality just holding me it won't mean anything And won't make any profit to us. We do that with coins that are already good, like bitcoin for example.
Of course this isn't enough because cryptos are complex but I think he already knows that, what he was only saying there is hodling is just a basic skill that everyone must have when they engage here. You can't go wrong with hodling, whether you are a trader or an investor as long as you know how to hodl, it can always save you from losing but of course that is if you also pick the right set of coins because if you pick a shitcoin and other junk coins, hodling can be useless with them.

You will only die hodling and the coins haven't still recovered. Hodling means nothing, that's true but we need to sell before we can say that we are in profits.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
May 20, 2022, 04:31:00 PM
#60
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
It is all about hodling if you are an investor specifically long term investor because that is the main objective of the game but if you cant follow a simple rule which is to hodl then you are out. That game is not for you. You better do trading instead because in trading anyone is free to sell in anytime they like.

The only rule is trading is to avoid hodling your coins. This is why there's a stop loss feature in trading for traders to keep on going. Also hodling cryptos is considered everything only if you put all your money in it or if you sell all what you got (house, cars, etc.) but if not then there is more important things out there not only cryptos.
sr. member
Activity: 2506
Merit: 368
May 20, 2022, 12:43:53 PM
#59
In this very volatile market hodling is the most effective way to maximize your profit in the right time. The ones who mastered this art of hodling will get the best reward they could get in the right time because this is how the market works. Investing is not just enough in this market someone should have a strategy to maximize their profit in the future this applies to traders too.

The market is very risky if you don't know what you are doing so it's better to have some knowledge first like hodling is one of the strategy you could use if in risk.

Holding is only true for valuable coins like BTC.
But when it comes to new alts or tokens, it is best to get rid of them while they are still available in the trading market.
So when you decide to hold a specific coin, make sure you have done your own assessments.
Are they going to survive in this market? Is the team in continuous progress with their developments?
Just few questions to keep in mind while preciously holding your coins.
It depends on how strong their patience when it comes to crypto market and I've seen a lot of people who just lost big profit because of the panic. Well, it's their choice though but if they really need that money then it's just right if they sell it before it's too late since the market seems to going for more dip. Staying at $40k before I guess that was the lucky day for some if they did get some profit from that but since the market today seems to start declining a bit more although there's still a strong support that hold it to stop from declining too much.
newbie
Activity: 8
Merit: 0
May 20, 2022, 10:36:16 AM
#58
I want to share links to the articles that helped me a lot to make some reasonable decisions.

Bitcoin Is Best Inflation Hedge, But Why? https://www.cryptocurrencyhub.net/topic/bitcoin-is-best-inflation-hedge-but-why
Dollar-Cost Averaging: Crypto Investment Strategy That'll Make You Rich https://www.cryptocurrencyhub.net/topic/dollar-cost-averaging-crypto-investment-strategy-that-ll-make-you-rich
The psychology of cryptocurrency investing: how the mind is essential in making money https://www.linkedin.com/pulse/psychology-cryptocurrency-investing-how-mind-essential-making-/
How To Invest During A Bear Market? https://www.linkedin.com/pulse/how-invest-during-bear-market-evbblock/
Bitcoin volatility: What should investors be doing to manage their risk? https://www.linkedin.com/pulse/bitcoin-volatility-what-should-investors-doing-manage-risk-evbblock/
Long-Term and Short-Term Crypto Investment: Which One To Choose? https://www.linkedin.com/pulse/long-term-short-term-crypto-investment-which-one-choose-evbblock/

Also, I hope these articles help somebody. Guys from EvBlock recommended using the HODL strategy at the beginning of the year.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
May 20, 2022, 10:26:28 AM
#57
Actually for some people holding is good but for me there is many opportunities that you might missed when holding sometimes you can sell it and buy again to have more holdings, my goal in holding is to constantly increase the amount of the coin I am holding not the value of what I am holding.

ya.ya.yo!

It's like buying low and selling high and it's not easy, no one can tell if the market will go up or down tomorrow. If you are a holder and you have the ability to analyze charts then it will be easy for you but not for all.

To be honest, holding is very hard not as simple as we say and increasing the number of coins more difficult even will make us lose immediately. If you are already a long-term holder then it is best to stop looking at the daily chart as it can make you panic and lose your temper when holding.
hero member
Activity: 1232
Merit: 500
May 20, 2022, 10:20:55 AM
#56
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
What have to do except holding only as good option right now after coins holding price drop almost 40%. Bigger losing if try cut loss now and holding as the best thing still hope can reach higher price one day later or really back to the top price. Not fully true witj cryptocurreny as holding only but we don't have option except hold right now and waiting when holding option removing after bitcoin break out.
legendary
Activity: 1176
Merit: 1056
May 20, 2022, 09:26:28 AM
#55
Holdings can be made in cryptocurrency, but it is better not to hold on when you are making money from your holding.I have a lot of holdings and there is little profit in some coins and loss in more coins.Before that I bought Terra Luna and held it, now it has no value. In the first case, there was a good profit for some time.That's why I say if you make a profit after holding on to cryptocurrency, you will sell it immediately, don't think about what will happen next.
member
Activity: 64
Merit: 15
May 20, 2022, 08:30:57 AM
#54
I put 50 BUSD on LUNA few days ago Sad now i am regret it.
member
Activity: 64
Merit: 15
May 20, 2022, 08:29:14 AM
#53
Truth be told, hodling crypto currency is more about holding than anything else.
The saying is "If you can't HODL, you can't get rich" but life is not as easy as that.
  • First, HODLing itself is not easy
  • Second, HODLing does not mean profit



than what does it mean hodling if not profit?
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 20, 2022, 05:31:46 AM
#52
Any asset which you beleive that the value will appreciate over time supposed to be held, if you sell then someone will get that chance. Until now bitcoin gave profits but this isn't same to every cryptocurrencies because 99% of cryptocurrencies goes down to zero in the few years so make sure you're holding the right coin before thinking about HODL for long term.
hero member
Activity: 1400
Merit: 674
May 20, 2022, 12:19:49 AM
#51
That's not enough in the world of cryptocurrency because there are many things we have to learn and analyze first. If everyone just need to hold I think everyone can do it too, but in reality just holding me it won't mean anything And won't make any profit to us. We do that with coins that are already good, like bitcoin for example.
legendary
Activity: 2422
Merit: 1140
duelbits.com
May 19, 2022, 06:24:36 PM
#50
If you use crypto for investment only, hodling is what you need. But if you use crypto for trading, holding isn't the most skill you need but how the strategy in trading is. Anyway, hodling isn't something easy, it is only easy to mention. If you have a weak belief and have a lack of knowledge about crypto market and its fluctuations, I'm sure holding to be a hard thing. There are always many FUDs to bother weak holders. It is a big obstacle, especially when you see the market turn to be red and the prices of crypto drop massively, while many negative issues spread out. Weak holders will do panicking sell, only holders who have a strong belief and know it is already predictable to happen, will continue to keep their crypto coins. So, holding is a complex thing, not as simple as we assume.
hero member
Activity: 2744
Merit: 588
May 19, 2022, 06:01:29 PM
#49
In this very volatile market hodling is the most effective way to maximize your profit in the right time. The ones who mastered this art of hodling will get the best reward they could get in the right time because this is how the market works. Investing is not just enough in this market someone should have a strategy to maximize their profit in the future this applies to traders too.

The market is very risky if you don't know what you are doing so it's better to have some knowledge first like hodling is one of the strategy you could use if in risk.

Holding is only true for valuable coins like BTC.
But when it comes to new alts or tokens, it is best to get rid of them while they are still available in the trading market.
So when you decide to hold a specific coin, make sure you have done your own assessments.
Are they going to survive in this market? Is the team in continuous progress with their developments?
Just few questions to keep in mind while preciously holding your coins.
sr. member
Activity: 2506
Merit: 368
May 19, 2022, 05:53:57 PM
#48
In this very volatile market hodling is the most effective way to maximize your profit in the right time. The ones who mastered this art of hodling will get the best reward they could get in the right time because this is how the market works. Investing is not just enough in this market someone should have a strategy to maximize their profit in the future this applies to traders too.

The market is very risky if you don't know what you are doing so it's better to have some knowledge first like hodling is one of the strategy you could use if in risk.
jr. member
Activity: 168
Merit: 4
May 19, 2022, 05:51:15 PM
#47
You're absolutely right. Better days are always ahead. And I do agree with you as the key factor to learn before getting into crypto investment is learning to HODL. Without HODL, one can't become rich in it. Some do call it a crazy investment but I do see it a life changing investment.
member
Activity: 378
Merit: 10
May 19, 2022, 05:46:46 PM
#46
hodl is a very important point in investment. I think, like trading, hodl is a matter of skill, perseverance and intelligence. hodl is not buying and holding any coins. hodl is a business of research, trust, planning and strategy. Even calculating how much time it will take is an important detail.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
May 19, 2022, 05:17:27 PM
#45
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
I guess if you find it hard to succeed from investing and trading, then you should learn to master them as well as long term hodling. Because if you only come in the market for long term hodling, it seems that you didn't take full advantage on the good opportunities in the market. Yes, long term hodling may promise huge profits in the future, but it will be more profitable if we also do good in trading and investing so we can attain financial stability the easier and faster way.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
May 19, 2022, 04:59:00 PM
#44
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
Hodling is good but depends on what are your particular goals or target in mind whether you do love to see profits in a decade time or more and also not all people would really be having the same level of patience on

waiting up for something because even on my part i cant really afford on waiting for several years just to harvest out the profits of my waiting which you could eventually able to do that with active or day trading.

Well, its more risky but something cant really be ignored when you arent that fan on waiting game since not all would really be having the same mindset when it comes to this.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
May 19, 2022, 04:10:37 PM
#43
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
Though its easy to say, but hodling itself takes a lot of patience and may test you how long can you hold onto your coins because of the market's unpredictable conditions. The reason why only few sustain long term hodling. However, if you are a smart one, you should not just master hodling alone, investing and trading should also be mastered as they can also give a lot of profits if they can be well exercised.
This is why there is a term that only the hand of a god can hold it for a certain period of time. although this is indeed quite difficult but indeed there are some people who can resist even almost from the start they have not sold their portfolio.

Of course something like this will not be able to be done for everyone and only certain people can do something like this.

As for trading, this is also a good thing but again, not everyone can read the movement of the candle and sometimes only a few people are able to take advantage of the momentum properly.
hero member
Activity: 2814
Merit: 576
May 19, 2022, 11:56:04 AM
#42
HODlings only increase in value but they don't really have that much value until they realize the profit or spend it on items that are pegged to fiat value. Meaning they haven't earned anything in the process, 1BTC = 1BTC. Worst case scenario, if the HODler decides to cash out out of necessity when market conditions are not as expected. The slightest regret will still be there.
That's the most disadvantage of long term hodling, you still end up losing because you have to sell your coins at the wrong time not because you want to, but because the situation pushes it to happen. Whereas, if you also do buying and selling when there is good opportunity to do so, you will certainly earn from those, aside from the profits you expect from long term hodling. So i guess hodling is not enough, you have to do buying and selling in the market because its the best ways to grow your investment.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
May 19, 2022, 09:09:44 AM
#41
We all know that just holding on and being patient we will succeed in this market, but to be honest, it's easy to say but difficult in practice. There are too many temptations for us to overcome and sometimes I just can't get over them. There are many ways to make a profit but holding I think is the best way for us to get the biggest profit and is safer than the rest.
sr. member
Activity: 882
Merit: 326
May 19, 2022, 09:09:23 AM
#40
For some, holding may be a lucrative activity and some may not. Those who are accustomed to holding should know or master the analysis and methods of buying. But for some people who are new, buying coins and getting carried away by coin hype, of course the results will be different. I agree with the OP's opinion that holding is an effective way to make a profit, but the most important thing here to maximize coin holding is the analysis and buying method. May be useful.
sr. member
Activity: 1722
Merit: 252
May 19, 2022, 08:40:50 AM
#39
The market that continues to red and for more than 6 months certainly makes a lot of investor anxious, but we do not panic face the situation like now, if we don't really need money then I suggest for hold, I'm sure Bitcoin Will Rising Again.
legendary
Activity: 2338
Merit: 1084
zknodes.org
May 19, 2022, 08:01:04 AM
#38
Not just temptations but real-life situations that you have to overcome and choose.

I've promised myself when I'm a newbie until I've realized and learned the market that I'll hold as many as I can. But it's a difficult thing because I have to sell not because I want to but because I needed to.

~snip~
Sometimes it's a problem like this that we can't avoid. Maybe you need to allocate your funds in several places. For example, basic needs, sudden needs, and crypto. So if one day you need suddenly then you have another reserve fund. So you don't have to take your crypto deposits. But indeed everyone has a different technique, if it is forced then I will also take my crypto deposits. So actually trading and holding it will be quieter if you use free funds instead of household needs.
hero member
Activity: 3038
Merit: 634
May 19, 2022, 07:06:28 AM
#37
HODLING is not an easy task because many temptations will past at your lifetime in the industry and taking profit will be the biggest enemy in this industry. Taking profit is not bad but sometimes holding makes everyone a millionaire in crypto world. Holding is suited for long term investors and believers to crypto.
Not just temptations but real-life situations that you have to overcome and choose.

I've promised myself when I'm a newbie until I've realized and learned the market that I'll hold as many as I can. But it's a difficult thing because I have to sell not because I want to but because I needed to.

It's a situation that for sure many have dealt with and that's okay as long as you were able to sell at profit and not in losses.
member
Activity: 2044
Merit: 16
May 19, 2022, 04:21:06 AM
#36
HODLING is not an easy task because many temptations will past at your lifetime in the industry and taking profit will be the biggest enemy in this industry. Taking profit is not bad but sometimes holding makes everyone a millionaire in crypto world. Holding is suited for long term investors and believers to crypto.
hero member
Activity: 952
Merit: 555
May 19, 2022, 04:16:44 AM
#35
Actually for some people holding is good but for me there is many opportunities that you might missed when holding sometimes you can sell it and buy again to have more holdings, my goal in holding is to constantly increase the amount of the coin I am holding not the value of what I am holding.

ya.ya.yo!

True that hodling without knowing market updates will make us miss lots of opportunities.  Besides, you can't reap any profit if you keep hodling.  We must sell in order to get profit or else we will be left with bag holding worthless coins or tokens if we missed the opportunity to sell.  Hodling is great but only to some extent at the end of the day, we must stop hodling in order to gain profit.

It good to hodl but it is very important to know the ground for such holding as some holding can just turn to a surprise of magnitude of loss, that's why while holding one must be very care dealing with price speculation, i understand its all about prediction or things might not necessarily work out as expected but holding must have a range limit which is the focus target of every investors, because at the end its not about holding but the profit realised while making the hodl, and if you must to hodl then it is advisable to be bitcoin and not other cryptocurrencies.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 18, 2022, 11:59:20 PM
#34
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
Maybe but most of them want to profit from crypto so they keep buying and selling every coin, including bitcoin.
It is not easy to hold coins, let alone hold bitcoins, for a long time because you will see a lot of price fluctuations in the market that can make you panic.
But if you really want to hold bitcoins for the long term, then once you buy bitcoins, you have to get out of the market and don't look at the volatile prices.
Otherwise, you will be affected by price movements in the market and will eventually make you panic.
It is quite easy to hold bitcoin. All you do is... well nothing. You literally do nothing to hold it. So, why would it be any hard? I get that some people get worried about price fluctuations but if you know what you are doing then you are going to be fine. All we see is volatility, and we end up seeing it all the time and there is nothing that could change that, volatility will happen.

We just need to end up doing something a bit more legit, which is why I believe that the longer you are in the crypto world, the more you are going to end up holding long term. Like I was holding during this crash, and it didn't bother me a single bit, all I did was nothing and it bounced back.
Yes, it's like doing nothing but not for them because they will feel their heart beat faster if they see the price in the market experience a sharp decline.
For those who have seen sharp declines often it will not be a problem because they are used to it but not for people who have not had much experience with price drops.
Investing in crypto is all about how we can hold it long term and take your profits when you see them.
As long as we can control our emotions in the downtrend, there is no affect to us.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
May 18, 2022, 08:18:51 PM
#33
well, it's a skill in doing research and being patient. when these two things can be done correctly, then the chances of us getting a profit are also greater. that's why so many statements like "if you sell, you lose" and others. it looks simple, but the mental pressure when you hold a coin will really be felt when you hold in large quantities and are in a bear market. maybe, some people make status, or write on their wall about the profit they get from it, but believe me, that is a hard thing to do. however, when you do it right, you can be one of the successful ones.
hero member
Activity: 1484
Merit: 928
May 18, 2022, 05:54:52 PM
#32
If you are in Cryptocurrency, I believe the best way which you can make good money is by holding, I both Bitcoin few years ago and have been holding it since then, now am in good profit and am not going to sell now, I will continue to hold my bitcoin because I believe the price is still low. Actually I believe holding a coin is one of the most difficult thing to do but if you care dedicated then definitely you are going to do it, the more you hold bitcoin the more profit you get.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 18, 2022, 05:13:50 PM
#31
True.

Every holder have experienced the upturns and downturns of the market. Engaging with the market will teach you on how to be wise within the next few years of encountering it again.

And that has led most of us into being a holder because there's no rush, pressure and effortless. You just need to have that #diamondhands as they say.

Holding is all about being patient and waiting for the right time and turn.
hero member
Activity: 2940
Merit: 613
Winding down.
May 18, 2022, 05:04:19 PM
#30
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
Though its easy to say, but hodling itself takes a lot of patience and may test you how long can you hold onto your coins because of the market's unpredictable conditions. The reason why only few sustain long term hodling. However, if you are a smart one, you should not just master hodling alone, investing and trading should also be mastered as they can also give a lot of profits if they can be well exercised.
hero member
Activity: 3052
Merit: 606
May 18, 2022, 04:45:23 PM
#29
Actually for some people holding is good but for me there is many opportunities that you might missed when holding sometimes you can sell it and buy again to have more holdings, my goal in holding is to constantly increase the amount of the coin I am holding not the value of what I am holding.

ya.ya.yo!
Most of the people tend to misinterpret this because they always believe that hodling can make them rich in the long run, but in my own point of view you will eventually get rich but that will take a lot of years. Unlike if you always take advantage of the opportunity, selling and buying, that will make you an owner of a lot of coins. And when you own a lot of coins, particularly with bitcoin, that only means that you will gain huge profits when you start selling them at a reasonable price. Another thing is that those people who are afraid to take risks, they prefer hodling all the time, and missed a lot of opportunities.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
May 18, 2022, 02:48:05 PM
#28
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
Maybe but most of them want to profit from crypto so they keep buying and selling every coin, including bitcoin.
It is not easy to hold coins, let alone hold bitcoins, for a long time because you will see a lot of price fluctuations in the market that can make you panic.
But if you really want to hold bitcoins for the long term, then once you buy bitcoins, you have to get out of the market and don't look at the volatile prices.
Otherwise, you will be affected by price movements in the market and will eventually make you panic.
It is quite easy to hold bitcoin. All you do is... well nothing. You literally do nothing to hold it. So, why would it be any hard? I get that some people get worried about price fluctuations but if you know what you are doing then you are going to be fine. All we see is volatility, and we end up seeing it all the time and there is nothing that could change that, volatility will happen.

We just need to end up doing something a bit more legit, which is why I believe that the longer you are in the crypto world, the more you are going to end up holding long term. Like I was holding during this crash, and it didn't bother me a single bit, all I did was nothing and it bounced back.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 18, 2022, 10:11:03 AM
#27
Truth be told, hodling crypto currency is more about holding than anything else.
I think we all can agree on that but there is a small catch.

Quote
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
Yeah, you do need to sell from every high to cash out some into fiat or stablecoin and then use that to buy back at lower price. If you dont do that, your total stash of bitcoin will never multiply, only the projected fiat value will show as big on your bitcoin wallet.

This cycling of bitcoin<>USDT/FIAT should be done with a fraction of the total bitcoin that you own. For beginners, this is a difficult thing to manage - but to make it simple, like in this current scenario, bitcoin is bearish, hence buy bitcoin to sell at a higher price. In the middle of the change, hold.
legendary
Activity: 2506
Merit: 1394
May 18, 2022, 09:57:28 AM
#26
(...)
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
You have a point here, there are some hodlers are already for sure made a lot of money from their investment, some are taking profits for sure from their entry before were already given some good profits.
But on the other hand, holding may lead you to bankruptcy too, risk is still there, and we are not sure about the future at the moment.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
May 18, 2022, 09:38:42 AM
#25
Hodling is for the long term guys. Crypto is not just centered around holding you can makes turns of massive returns trading, farming ,staking even mining. But on the elementary level hodling and trading can do just fine for start ups and small scale investors, but to make it while hodling then it must be on a long term goal
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
May 18, 2022, 09:30:55 AM
#24
Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
I don't think it's so simple. For one, not all cryptos are equal, and many fall and never recover. So with a coin like this, it's better to sell at some loss than wait for it to devalue completely and lose much more if not everything. If it's Bitcoin, life situations can differ and sometimes a person might need to sell some BTC even at a bad price point due to some unexpected change in financial situation. Also, cryptos are not only about hodling, as some people use it for trading that requires regular buy-sell orders, and some use Bitcoin as money, so they spend it instead of hodling or at lest try to do that.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
May 18, 2022, 08:45:01 AM
#23
that is true, but there is another context when we look at market movements. we certainly want to benefit from what we plant, don't we and when we are already profitable then it doesn't hurt to sell some of the profits we have and buy bitcoins back when there is a correction like what is happening now in the hope that this will definitely give more profits because apart from the assets that we have, it is also useful when the increase and decrease are repeated
hero member
Activity: 1400
Merit: 770
May 18, 2022, 08:17:20 AM
#22

    • First, HODLing itself is not easy
    • Second, HODLing does not mean profit

    A lot of people say hold, but doing that is really hard. There are many temptations like beautiful women when we already have profits. But sometimes a holder can also keep it for a long time but they don't know when to take it off. Because I think there's a time we have to take it off and have it again. This moment is what we sometimes go through because we can't choose all the right time for that moment. In addition, Hold is very related to patience, practicing patience is difficult. I have known trade for almost 5 years but I also still have not fully mastered the technique of patience.
    hero member
    Activity: 1974
    Merit: 534
    May 18, 2022, 08:02:24 AM
    #21
    Truth be told, hodling crypto currency is more about holding than anything else.
    Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.

    Two things can help for a HODL investor, having a strong stomach or a very bad short term memory, either one of those will make sure to not sell early our coins. Buying bitcoins and just forgetting about them is one approach, but it might be better to have a strong stomach and thick skin. A short term drop in prices doesn't mean we lost money, that happens only when we sell the coins. Better to sit out the bear market and wait fot the next bull cycle. Then again this depends also where we bought our coins, investors who bought at 100 or 1,000 USD will not be alarmed right now. Its the investors who bought between 30,000 and 50,000 USD who are worrying the most. It could take some time to reach a new ATH.
    hero member
    Activity: 2282
    Merit: 659
    Looking for gigs
    May 18, 2022, 07:36:50 AM
    #20
    Yes sure, you just keep HODling "crypto currency" like Terra Luna and all the cryptocurrencies that have disappeared or are worth almost zero that you will do very well.

    The only thing worthwhile HODLing is BTC.

    Super agreed! I was tempted between LUNA and BTC where I see others are getting FOMO’d days ago after they’ve bought the dip. But I chose BTC because I want long-term results and not some altcoin like LUNA that would likely rug slowly and get dumped when LUNA holders going to mass sell the fork version of it.

    I was surprised that my beautiful European friend who is much more experienced than me chose to buy LUNA because of enormous trading volume rather than considering the worst-case scenario after the fork.
    sr. member
    Activity: 2828
    Merit: 344
    win lambo...
    May 18, 2022, 07:20:04 AM
    #19
    Truth be told, hodling crypto currency is more about holding than anything else.
    Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
    People will hold as long as they can manage to hold, nobody had the urge to do it.
    Investing, holding, and next is panic selling...Well, I hope that people will just know what holding means in crypto as not all the time holding will end well, sometimes it leads to losses especially if you are buying shitcoins.

    Unfortunately, we can't master the art of holding, we'd rather master how to control our emotions instead as this is an influencing factor that could affect our decision and broke our plan.
    hero member
    Activity: 2660
    Merit: 551
    May 18, 2022, 06:48:38 AM
    #18
    Truth be told, hodling crypto currency is more about holding than anything else.
    Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.

    Obviously, that is HODLing, others called it diamond hand because those who learn the art of it are going to make a lot of money specially those early birds.

    However, right now, HODLing is good, but there's another factor. The mental strength to do and practice what we preach. Yeah, maybe in the first couple of months we can do it, but how about when the price is going down and seeing our portfolio losing value as well? So it's going to be very tough and for sure there will be nights that you wanted to sell, so you have to fight that emotions back.
    member
    Activity: 1162
    Merit: 58
    May 18, 2022, 06:03:17 AM
    #17
    Truth be told, hodling crypto currency is more about holding than anything else.
    Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
    The  Keep Holding , is there anyone that hinders you? if not then follow your desire and beliefs while many of us are not completely relying in HODling instead many of us wanted their funds moving from here and there.
    so basically HODLing nowadays is not that basic desire not like in the past.
    legendary
    Activity: 2954
    Merit: 1153
    May 18, 2022, 05:44:17 AM
    #16
    Actually for some people holding is good but for me there is many opportunities that you might missed when holding sometimes you can sell it and buy again to have more holdings, my goal in holding is to constantly increase the amount of the coin I am holding not the value of what I am holding.

    ya.ya.yo!

    True that hodling without knowing market updates will make us miss lots of opportunities.  Besides, you can't reap any profit if you keep hodling.  We must sell in order to get profit or else we will be left with bag holding worthless coins or tokens if we missed the opportunity to sell.  Hodling is great but only to some extent at the end of the day, we must stop hodling in order to gain profit.
    hero member
    Activity: 644
    Merit: 661
    - Jay -
    May 18, 2022, 05:24:40 AM
    #15
    The most basic skill one should have is HODLing.
    Before holding, one needs to invest, so that could also be said to be the most basic skill one should have and it makes hodling very much easier.

    When you invest properly, in the right asset, and with the right amount of funds based on your savings or income, it makes it much easier to actually hold despite market actions or reactions.
    legendary
    Activity: 2310
    Merit: 4085
    Farewell o_e_l_e_o
    May 18, 2022, 05:06:21 AM
    #14
    Truth be told, hodling crypto currency is more about holding than anything else.
    The saying is "If you can't HODL, you can't get rich" but life is not as easy as that.
    • First, HODLing itself is not easy
    • Second, HODLing does not mean profit

    Quote
    Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
    In order to get profit from HODLing, the best cryptocurrency is Bitcoin which has unique specifications that you can not find in others
    • Fixed and unchangeable total supply: 21M
    • Really decentralized network
    • Strongest network (in terms of either hashrate and decentralization in crypto

    References
    sr. member
    Activity: 1456
    Merit: 251
    May 18, 2022, 04:36:23 AM
    #13
    now is the right time to choose a coin to hold such as ethereum coin and bnb coin at this time the price of these two coins is dropping again, the right time to buy coins and store them because these two coins will go up in the future.
    legendary
    Activity: 2576
    Merit: 1860
    May 18, 2022, 03:39:51 AM
    #12
    Truth be told, HODLing is not just about HODLing per se. It is not about HODLing cryptocurrency but HODLing Bitcoin. That matters. A lot. HODLing itself doesn’t make you money; HODLing Bitcoin does.

    I think it needs emphasis, especially with the recent event involving Terra’s LUNA. That should make every so-called HODLer reconsider his/her portfolio and be reminded that however hyped an altcoin is, it is nothing but a castle built on sand.
    full member
    Activity: 2520
    Merit: 214
    Eloncoin.org - Mars, here we come!
    May 18, 2022, 03:34:20 AM
    #11
    Truth be told, hodling crypto currency is more about holding than anything else.
    Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
    But the thing is do all investors here has the capacity to hold? as most of crypto investors are here to make money short time and only few are willing to keep the crypto on hold thats why the volatility of market keeps being the issue.
    but like said ? it is always best to HODL if you can afford to wait than buying and selling in which very risky for me.
    hero member
    Activity: 1022
    Merit: 667
    Top Crypto Casino
    May 18, 2022, 03:32:12 AM
    #10
    Maybe that's why I am into the Bitcoin discussion section  Roll Eyes

    But if you talk about cryptocurrencies you seem to be including the nearly 20,000 altcoins which are not worth HODLing.
    You are absolutely correct, when you want to hodling one need to be specific and hodle the right coin that is less volatile and somewhat stable such as Bitcoin even though bitcoin is highly volatile Bitcoin remains the best coin for hodling unlike some altcoins that can go from $80 to $0.50 overnight their not good for hodling but speculations. Hoddle BTC with steel hands and you never get disappointed.
    hero member
    Activity: 2870
    Merit: 574
    Vave.com - Crypto Casino
    May 18, 2022, 02:05:35 AM
    #9
    Truth be told, hodling crypto currency is more about holding than anything else.
    Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
    Maybe but most of them want to profit from crypto so they keep buying and selling every coin, including bitcoin.
    It is not easy to hold coins, let alone hold bitcoins, for a long time because you will see a lot of price fluctuations in the market that can make you panic.
    But if you really want to hold bitcoins for the long term, then once you buy bitcoins, you have to get out of the market and don't look at the volatile prices.
    Otherwise, you will be affected by price movements in the market and will eventually make you panic.
    sr. member
    Activity: 1344
    Merit: 264
    bit.ly/3QXp3oh | Ultimate Launchpad on TON
    May 18, 2022, 02:03:03 AM
    #8
    Sometimes I also feel that I am too complicated in this story of finding real values ​​in life. The problem of things is tied to the present lives of many people, and it is almost impossible for us to get rid of it, HOLDing is also one of the reasons that makes me find it easy to become very difficult when life influences it. I admit that I am also in need of money to serve the ideals that I pursue in life, and indeed, the money invested in the markets is a success that transforms my life process and perception different from the life we're seeing. What I've seen has fundamentally changed the fortunes that I have, and it's helped me personally first. And now when I share these things with the people next to me, it's just my own experience, so sometimes that formula doesn't work for them either. What do we expect from these things? I still can't say for sure if material wealth but being blind to ourselves will prevent the truth about money from coming out. Maybe some of the issues are a bit abstract, but the simplification of knowledge as well as the choices in this life help me realize a meaningful life.
    member
    Activity: 173
    Merit: 74
    May 18, 2022, 01:54:10 AM
    #7
    Maybe that's why I am into the Bitcoin discussion section  Roll Eyes

    But if you talk about cryptocurrencies you seem to be including the nearly 20,000 altcoins which are not worth HODLing.
    hero member
    Activity: 1778
    Merit: 709
    [Nope]No hype delivers more than hope
    May 18, 2022, 01:47:25 AM
    #6
    HODlings only increase in value but they don't really have that much value until they realize the profit or spend it on items that are pegged to fiat value. Meaning they haven't earned anything in the process, 1BTC = 1BTC. Worst case scenario, if the HODler decides to cash out out of necessity when market conditions are not as expected. The slightest regret will still be there.
    jr. member
    Activity: 114
    Merit: 1
    May 18, 2022, 01:47:09 AM
    #5
    Yes sure, you just keep HODling "crypto currency" like Terra Luna and all the cryptocurrencies that have disappeared or are worth almost zero that you will do very well.

    The only thing worthwhile HODLing is BTC.

    Maybe that's why I am into the Bitcoin discussion section  Roll Eyes
    legendary
    Activity: 1806
    Merit: 1024
    May 18, 2022, 01:45:44 AM
    #4
    Actually for some people holding is good but for me there is many opportunities that you might missed when holding sometimes you can sell it and buy again to have more holdings, my goal in holding is to constantly increase the amount of the coin I am holding not the value of what I am holding.

    ya.ya.yo!
    member
    Activity: 173
    Merit: 74
    May 18, 2022, 01:41:24 AM
    #3
    Yes sure, you just keep HODling "crypto currency" like Terra Luna and all the cryptocurrencies that have disappeared or are worth almost zero that you will do very well.

    The only thing worthwhile HODLing is BTC.
    mk4
    legendary
    Activity: 2870
    Merit: 3873
    Paldo.io 🤖
    May 18, 2022, 01:41:12 AM
    #2
    Truth be told, hodling crypto currency is more about holding than anything else.

    I mean.. that's why it's called hodling in the first place..  Lips sealed

    What's next? Swimming is about swimming?
    jr. member
    Activity: 114
    Merit: 1
    May 18, 2022, 01:37:20 AM
    #1
    Truth be told, hodling crypto currency is more about holding than anything else.
    Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
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