Topic: the power of HOLD and believe (Read 1726 times)
Holding and believe are the ways to achieve something good from your investment. Now that bitcoin is still pumping, is not good to hold bitcoin because any moment from now the price of bitcoin will dump. Many customers has achieved so much profit from bitcoin by using the power of hold and believe to trade their coins in the market.
Generally, we don't hold for long time. If we hold for a long time, then it is possible to get good amount of money. In this pandemic situation, bitcoin has already proved that hold and believe matters.
It's your own assertive opinion but there are people who keeps holding as they believe that there are more that will come along the way, with this pandemic as you mentioned people needs to have quick benefits, all possible venue where they can get something decent to be use for their everyday survival, that's undeniable truth.
Though, it matters if how well you fully understand and what sets of plans do you have while holding whatever assets inside your wallet, it's proven that if you wanted to maximized your profits, patience of holding si the key tool to achieved.
Generally, we don't hold for long time. If we hold for a long time, then it is possible to get good amount of money. In this pandemic situation, bitcoin has already proved that hold and believe matters.
But if you are in situation on where you do compromise out your survival then it isnt really bad to cash out some portion of those holded funds or coins.Its up to someone on how long and on when they do secure out their profits since not all would really be having the same level of patience.
For those who havent sold yet and still holding until this very moment in spite of price reaching 57k then thats really some serious level of patience there.
If you are in need then theres no need to back off on selling those.
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People who bought Bitcoin at Higher price in 2018 and didn't able to sell their bitcoin they are also in decent amount of profit now. They have been rewarded for their patience, In crypto world patience is the key to success and Hodl is the power. If you can't hold your coin for long term and you are started to do daily trading without having proper knowledge then the ultimate result for you is zero, Apparently it may seem that you are making money by doing day trade but ultimately you are busy with making penny when hodler are turning their investment to 5X or 10X.
Generally, we don't hold for long time. If we hold for a long time, then it is possible to get good amount of money. In this pandemic situation, bitcoin has already proved that hold and believe matters.
Certainly the faith in Bitcoin and the fact that we can resist the speculations that are constantly trying to collapse the crypto market are the basis of Bitcoin's good performance. We need to have faith and when the market is controled from bears we should not start selling out of panic (unless you need money).
Selling when panicked will only cost you a loss and that's not very good. The pros and cons of bitcoin have become commonplace. We can see the ups and downs of bitcoin prices and if you want to hold it back, you should focus on the target price you want to achieve.Always use money that is not needed for life support. Money for holding is preferably free money which is not needed for anything but an investment, it will keep the holding strategy going.
Patience and believe working together will surely yield out good income, in March 2020 when the pandemic was really so effective, it affected many companies, financial institutions etc and the price of btc dumped to about $4k many panicked and sold out at that cheap rate but only the long term investors who believes that bitcoin will surely rise so high in the future held their position patiently and currently now bitcoin is above $50k from $4k which it fell to in March 2020, you can actually see that those who held their position has made insane gains
Those who do not believe in cryptocurrency will not save it for long. And that's the big deal for investors. It can be saved for the future by investing. And a good profit can be generated in the future. You can save money you don't care about until the end. But if you constantly keep in mind, if you check in and check every day, you won't earn anything from that money.
Yes, hold and believe is important to make a profit from cryptocurrency trading. You need to make sure the project is genuine and you have to believe in that cryptocurrency market and hold that coin.
Although holding and belief on majority alts is not a good idea but as far as some main stream/popular cryptocurrencies are concerned you can still get handsome amount of profit by just holding and selling it on specific price but not all coins gives you profit. For some alts it is better to get some profit and sell them instead of holding.
You can save money you don't care about until the end. But if you constantly keep in mind, if you check in and check every day, you won't earn anything from that money.
Yes, hold and believe is important to make a profit from cryptocurrency trading. You need to make sure the project is genuine and you have to believe in that cryptocurrency market and hold that coin.
I congratulate those who still hold bitcoin from 2018 you are very lucky I know it was so hard to hold bitcoin in 2018 because the price of bitcoin at that time was very low, definitely the desire to let go was very strong but you managed to hold it now you have successfully become a rich person I salute your courage.
maybe it's not just a matter of courage if you can withstand bitcoin from 2018, what there is is the first disturbance when entering 2020 there is a pandemic and the price of bitcoin is good, obviously this is the toughest challenge compared to 2018.because the needs during our pandemic cannot be avoided and if we can still hold it, we can be sure that it has no financial impact and is able to withstand it.
of course now as you say, those who still hold bitcoin can already be said to be very lucky millionaires and rarely can enjoy things like this because of the temptation when they are high, they just want to sell. for fear of falling back.
Patience and believe working together will surely yield out good income, in March 2020 when the pandemic was really so effective, it affected many companies, financial institutions etc and the price of btc dumped to about $4k many panicked and sold out at that cheap rate but only the long term investors who believes that bitcoin will surely rise so high in the future held their position patiently and currently now bitcoin is above $50k from $4k which it fell to in March 2020, you can actually see that those who held their position has made insane gains
as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.
Certainly the faith in Bitcoin and the fact that we can resist the speculations that are constantly trying to collapse the crypto market are the basis of Bitcoin's good performance. We need to have faith and when the market is controled from bears we should not start selling out of panic (unless you need money).
our problem is we get panic every times. We should wait more times if we want to earn good profits. Buy with low price and hold for a long time is the best way to generate good profit.
Most of us are driven by emotions, not consistent with our reason. Exactly they follow the crowd without realizing it's temptation. It causes panic, easily confused by hallucinations. Mostly, there is not enough knowledge to learn any one of them.
I guess the OP has understood the power of hodling in just 3 months this time rather than years.
Bitcoin and ETH are always for hodlers. We have waited years and we knew a new day will always come after a certain correction. Even a Doge hodlers is celebrating now as the price pumped. The market shook off many of the greedy traders for the past couple of days and hopefully will recover back to where it was in no time.
Bitcoin and ETH are always for hodlers. We have waited years and we knew a new day will always come after a certain correction. Even a Doge hodlers is celebrating now as the price pumped. The market shook off many of the greedy traders for the past couple of days and hopefully will recover back to where it was in no time.
as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.
If you are not a trader then you have to be the hodler. Many know that if Bitocin dips then it will recover. If you are hodler then you hold and wait for this event to happen. If you trader you sell at the top and you buy when it dips. Holding saves your time because you do not need to watch graphs all day long. It is also less stressful if you get used to it, you do not regret why did not you sell or buy at the right time. Buy and Hodl!It is advisable to just buy the dip and hold if you can't handle the market pressure or don't have sufficient time to invest reading charts and updates to trade. I was able to multiply my portfolio up to 3x by just holding all my coins for almost 2 years. I wish I could've started this habit since I started in crypto.
as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.
If you are not a trader then you have to be the hodler. Many know that if Bitocin dips then it will recover. If you are hodler then you hold and wait for this event to happen. If you trader you sell at the top and you buy when it dips. Holding saves your time because you do not need to watch graphs all day long. It is also less stressful if you get used to it, you do not regret why did not you sell or buy at the right time. Buy and Hodl! 
Holding and wait for the time that we can make more profit is the first and basic strategy that we can do to make money, but holding besides of negative things happened in the market is risky strategy but if the things we are hopping happen, we can make more income by just holding your money and wait until something good happen in the market situation.
Hold with Patience and believe on what you've been studied is good strategy to earn what we expect, because before holding a certain coins in your wallet you need to conduct your own investigation if there is a possibility to make more money if you hold it.
Hold with Patience and believe on what you've been studied is good strategy to earn what we expect, because before holding a certain coins in your wallet you need to conduct your own investigation if there is a possibility to make more money if you hold it.
I think some had to HODL because they bought Bitcoin when it was at its peak at that time, but if they had not withdrawn their Bitcoin and just hodled until this year, the profit they gained is more than what they expected I'm pretty sure now that Bitcoin has reached almost $60k just the first quarter of the year. Now that the price has gone down to around $50k, it is still a profit if you've bought Bitcoin in 2018.
Hold is very important for the crypto market, the buying demand effect on bitcoin is macro and is not limited to reaching high value. Because the market is decentralized, many streams follow emotion and move to the rhythm of the major media. This is very dangerous without realizing the problem. Therefore, I suppose not only hold, believe but also perceive and understand the right object to do it.
I congratulate those who still hold bitcoin from 2018 you are very lucky I know it was so hard to hold bitcoin in 2018 because the price of bitcoin at that time was very low, definitely the desire to let go was very strong but you managed to hold it now you have successfully become a rich person I salute your courage.
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