Topic: Why are you not hodling - page 3. (Read 1106 times)

Even the ones that are struggling are managing to hold Bitcoin as much as they can. And that's because we're all believing that the best value of it will come out in the next few years. That's why even though it's hard to hold it and there are some reasons not to hold it, everyone is striving hard to do what makes right for each and every one of us.

I have seen people that have invested their money in Bitcoin and they've decided to do it even if they have to lessen some of their budget. It's like a one-time decrease to the budgeting but later on, they'll assure themselves that it will be worthwhile.

You can try hold bitcoin, but sometimes you may take a risks in order to increase your small deposit. But you should take into account your age, because if you are young, then I advise you to enter into risky trades, and if you are old, then risky trades should be avoided even with a small deposit.

And even if the risk occurs and you lose the deposit, then in a short period of time, you will again collect for a new one.

The votes stands above lack of funds to invest with and indeed that there are so many of us who really has no extra funds to put in crypto as they are preparing for foods .
but for me ? we can tighten our belt and lessen the expenses for daily use and put into crypto investing so in the future we will be having more money that what we can have in some time like spending day by day.
I have this idea based on my experiences  , in the 2017 halving ? I am not ready for bitcoin , and in 2021? i spend more than to hold so I fail.
but now? yes I have to do what I regret from those days.
and I will buy until I am ready to collect my fruits.

Lolz!!! So the small amount you are investing daily is for what? The amount you are investing daily can be hodle until it grows to a big amount. Every wise man that has small amount of money will start from somewhere and that is what you are doing because you have already started from somewhere. Those who invest with big amount and mistakenly loss that amount, it pains them more than the one who loss small amount so you still have advantage to build yourself.

That's the weakness and deficiency of some people who have faith in bitcoin but there is not enough financial support to collect bitcoins. The average person can be said to have difficulty investing because there is no money, moreover the economic conditions are not so good and many people lose their jobs to make money and even some people have difficulty making ends meet his life.

Bitcoin will continue to increase both in terms of price and fans who continue to believe in placing their money in investments. This is because the holders continue to achieve many positive things in the long term and many other considerations also give more confidence to people who invest. This cyclical process will affect the price of bitcoin to increase slowly and many people believe the four year moment is near for bitcoin.

As the economic condition of the country is now very bad, the prices of other things have gone up terribly, due to which our income is not able to meet the current needs, due to which it is very difficult to hold money anywhere for a long time. and this is why people are not able to do any kind of holding to meet their daily expenses. and many are selling their holdings to meet their daily expenses. And many people fail to hold for many reasons that can be different for different people so it is not possible to say exactly why people are not holding but  can  be said about our own failure.

Everybody have some meaning in life mate, do not degrade yourself with your tongue, I was a small time investor of Bitcoin and I grow into a better investor who can invest any amount and still live a comfortable life.

Even if Bitcoin fails I still have other ways to make it in life, and it's better to always risk what you can afford to lose, you don't have to use big amount of money, I started very small too and I end up making good amount of money.

For someone like yourself, do not focus much on Bitcoin, you can't even make 10x of your money in Bitcoin because you have too small money to invest, I know many won't like this but for someone like you, it's better to invest in altcoin.

Of course people will choose to meet basic needs for life. I think it's not only you, people who don't have extra money will continue to run out to meet their living needs, food and drink, houses, clothes. So there is no option to hold or buy BTC. Sometimes I need to sell BTC to meet an unforeseen need. This is my last choice because I don't have any more money. Even though I actually want to collect as much BTC as possible.

I can only answer for myself and what I heard from friends as the biggest problem at the moment that prevents us from investing more money. It's not having enough free money to spend, food prices and inflation in general have risen a lot in the last few years. Every month I have to spend more money on bills and other expenses, while my income is rising very slowly. I already make monthly bitcoin purchases, but they are very small and before my Christmas money I don't see how I can invest more. All my bitcoin additions this year are meant for hodling, right now doesn't seem like a good time to sell. Among my friends nobody sold bitcoin this year. Trading cryptos actively I am only doing with alt coins, bitcoin are still so far from their ATH that Hodl is the only option.

Exactly, I believe one thing that encourages people to hold their Bitcoin is base on their financial status, if one have a stable cash flow which could be able to settle all their expenses and their is no use for the money which they have either earned or invested on Bitcoin then I don't see any reason why they can't hold. But whereas one don't even have enough money to cover up all his expenses then those earnings won't be left behind, because anything that is coming in as earning will be used respectfully in other for the person's need to be fully settled.

When one does not have enough money to invest, investment is not possible even if there is a desire. But it is also true that if one can understand the importance of holding bitcoins they will try to accumulate even a small amount of bitcoins.

There has been a lot of excitement and eagerness among investors around the upcoming Halving Moment. From small investors to big investors are now paying special attention to Bitcoin. The idea that Bitcoin will surpass their previous all time high price in every bull market that encourages almost every investor to invest in bitcoin. Investors will definitely try to hold their holdings before Bitcoin moves to that desired position. Since profits are high, everyone will hold according to their ability.

Financial restrictions and risk aversion are the main reasons individuals arent holding Bitcoin right now. Financially strapped people put urgent needs ahead of future investments. Thus, Bitcoin received from campaigns is regularly exchanged to cash to meet everyday financial requirements. Theres also risk perception. Due to its price volatility, bitcoin is considered a risky asset. For someone on a tight budget, holding a risky asset might be unpleasant.

However, I think its vital to understand Bitcoin not simply as a financial asset but as a manifestation of a new technology: the blockchain. Bitcoin's ups and downs are part of the journey, but the objective is a worldwide value and transaction revolution. Those who can afford to hodl and look past the quick price swings can be part of this exciting shift.

even sometimes those mentioned choices across my life?
 but that does not hinder me from buying and holding because I made sure that my wallet will still remains even a little amount.

because we cannot deny that there comes a time that our needs will come in emergencies and we have no choice but to cash put or convert but please ,
 try to keep some balance for you not to feel regrets and blame yourself from doing wrong decision before halving and before bullrun.

also hoping that many of us understand the importance of bitcoin
and try to avoid making it difficult for us tyo have best future from crypto investing.

for us who have been here for how many years now and also witnessed how much it can be ?
 then try to accumulate as much as you are capable .
buy and try hard to have that is a promise of tomorrow mate.

I also disagree with your thinking, what is the purpose of your bitcoin investment? If you are investing in it to make money, and to have a better life, then there is nothing wrong with selling it for profit and serving your life. I used to sell my bitcoins and made 3x profit, and then I bought some iPhones to give to my relatives. I don't see anything wrong with my decision, and I am happy with my results. On the contrary, I think it would be stupid just to hold bitcoin to death and never sell it. Bitcoin is also just money, and as long as we sell it for profit, there is nothing wrong.

Small traders should never hold. I am a small scale trader. I invest small amount of dollars daily with little profit. I think the only people who hold are those who have some meaning in life, which would not hurt them much if lost. Thatis why I don't hold any tokens because I don't have that much money.

You are making a huge mistake: you are generalizing. There are a ton of reason that could bring someone to sell their bitcoins, even if they don't want to. There are people who are are forced to sell their car, their house, of course if they must sell their bitcoins for whatever reason, they will do it. Usually we're talking about emergencies, of course if you sell bitcoin to buy a designer bag you're just stupid.

Maybe it could be that some people are withdrawing for the sake of making ends meet, like you suggested; it could also be that some people are impatient to wait any longer; it could also be that some took loans to acquire the coin they hold and the loan is overdue; it could be that they have met their target price; but the most general one is procrastination. Some said, "Oh, let me spend my Bitcoin today, then if I have money tomorrow, I will buy it back." After spending the Bitcoin, when tomorrow comes, they will postpone their intentions of buying Bitcoin for another week. They will keep procrastinating until they lose focus on having the thought to invest again while they still have the good thought of Bitcoin in their heads. Steady Procrastination is just what I think the problem is with some people. I believe we can invest as little as $5 Into Bitcoin, but the truth is that some people are even spending way more than $50 in a week, but they cannot spare $5 to invest in Bitcoin, all because some of them keep procrastinating and saying they want to save up a huge amount of money before they can invest,while they can just invest little by little, and even before they realise it, they have accumulated some fraction of Bitcoin that can even surprise them.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

It's just part of the desire of each person who has participated in the campaign or who has earned income through the campaign. And I think it can't be denied because they also do it according to the needs and desires of their own hearts. After all, it's basically never wrong to do something because everyone is free to take any results they get through the campaign in any direction they like with a better goal.

However, what is seen now is that more people are investing and saving major coins like Bitcoin because remembering that there are the best moments ahead, so there are many people who are willing to exchange any tokens in order to get Bitcoin and hope for big profits in the next year through halving moments.

Exactly my thought it's a case of different strokes for different folks, the need to make ends meet prompted some Bitcoin enthusiast to spend their coins rather than hodl probably due to inflation in their respective countries and poorly paid renumeration and salaries, however the rich Bitcoin enthusiast will definitely continue to buy a hodl thus invest at in it thereby depriving those hodlers who ought to have hodl their coins unfortunately due to urgent financial obligations and other challenges that requires funds that has to be settled thus has to sell their Bitcoin to fiat, however it is advisable to atleast hodl some few coins for the future.

I think most of the campaign participants are of course looking for money and capital to invest and hold for the long term, but there are various types of people like you describe, apart from that there are some campaign participants who choose to share their income into several posts. some of them use it for needs and some are used for investment, there are also those who will only invest in main coins, thus converting their tokens to invest in bitcoin. because there are many incidents of new projects whose prices are reduced to ashes, and the projects are not progressing according to the roadmap