I don't have to vote because there is no reason for me not to Hold because I kept buying
as long as there is a risking funds and that is what I do believe and do since day one
that everytime there is some extra amount that I don't really need then instead of
using for nonsense i made sure that it will go straight to my crypto holdings.
Topic: Why are you not hodling - page 6. (Read 1106 times)
The major thing that is making people not to hodl BTC is financial problem, I have be finding it difficult to save small amount of money to invest in BTC so that I will be able to solve my school fees for this semester but things are very hard for me and my family financial that made me not to hodl. I believe many people are facing the Same thing too because, BTC investment is the best investment that will make someone to have rest of mind when you involve long term hodling because, it will be difficult for you to experience failure. If you have money and you have the knowledge of BTC and the price is low like the way it was low early this year, I think BTC investment will be hungry you to invest and hodl for a better future.
Don't neglect your school just to invest in Bitcoin, schooling is very important because it gives you knowledge and a certificate that you can use to look for job and recieve income that you can then use to invest in Bitcoin. Bitcoin investment isn't only for the rich but for every individual. To benefit you have to look for a way to invest in Bitcoin without breaking the bank, you can start with just few dollars and slowly accumulate Bitcoin as you get more spare money.
All individual has challenges but what differentiates successful people from poor people is because they didn't let those challenges stop them from investing in their future through Bitcoin investments. We have to neglect some things so we can reserve money for investment.
Now I want to know what really do you think is holding people back for hodling this period?
Other possible reason may be fear of crypto banned in any country. sometimes users want to btc but country is not in the favor of Crypto and possibility of being ban is possible in future. As far as btc hold in your own wallet then nothing to be worried but if anyone want to sell then it will create problem.
But i think the most common reason is same mentioned by many members which is financial problem. The world Crisis and inflation in many countries especially in devolping countries force people to sell their assets and most of user selling their btc holding too. Many peoples sold their long time holding btc too. I am holding some btc for future and selling other to fulfill my family need.
Now I want to know what really do you think is holding people back for hodling this period?
I think money issue is the main reason on why people are not holding Bitcoin at this point. Aside from lack of knowledge and their fear of further dip right after they buy, money is often the hindrance on why people (who are already knowledgeable and aware of the history on how profitable it can be) can't engage themselves. Because not everyone have money (which they can afford to lose) that they can spare to invest since there are many things that needs to prioritize first.In my case, I was able to hold a decent amount of Bitcoin with the help of the weekly pay from sig and the portion of my profit in my business. Although there are times I had to sell, but as much as possible i'm refraining myself so I can hold longer.
Referring to the topic you posted about "Why aren't you hodling". This talks about the abilities/needs of an individual, when he gets a reward from the results of the campaign work he has participated in. If he is Hodl, the direction is generally that the person has more spare money so that WD is not needed, because it is not important and urgent. But, if someone is Doing WD it means, that individual has certain reasons that make it done even though he knows very well this BTC is very Potential if in the HODL post after the chaos of instability for now as you mean.
At some point, some persons who even participate in signature campaigns and earn bitcoin without having to buy directly, who should have been the most persons to have some good figures in their portfolios still aren't having any because most of them either withdraw this earnings to fiat to be able to make ends meet or withdraw it to solve some issues but whatever the case be, alot of persons aren't hodling currently now not because they are ignorant or even procrastinating but I believe one of the major reason is because they don't have to means to invest.
There is another reason as well. No one declares what they earn on signature campaigns. It's like being paid in bills under the table. There are people who prefer to have Bitcoin with a clear origin in the face of tax authorities and spend the one from signature campaigns. So they do hold Bitcoin, but not from the signature campaigns lest the ball get too big and they have no way to spend it or convert it to fiat without attracting the attention of the authorities.
That is also one of the reasons for others, as let's say they are earning close to what their salaries are, but the good thing is that there is no deduction from tax, which means you own that money unless you declare it. That is also what I've noticed: they can pay for their needs using Bitcoin, which they earn from signature campaigns, which means that they really need to do it and don't have a budget for investing yet. For sure, they really want to hold Bitcoin.
At some point, some persons who even participate in signature campaigns and earn bitcoin without having to buy directly, who should have been the most persons to have some good figures in their portfolios still aren't having any because most of them either withdraw this earnings to fiat to be able to make ends meet or withdraw it to solve some issues but whatever the case be, alot of persons aren't hodling currently now not because they are ignorant or even procrastinating but I believe one of the major reason is because they don't have to means to invest.
There is another reason as well. No one declares what they earn on signature campaigns. It's like being paid in bills under the table. There are people who prefer to have Bitcoin with a clear origin in the face of tax authorities and spend the one from signature campaigns. So they do hold Bitcoin, but not from the signature campaigns lest the ball get too big and they have no way to spend it or convert it to fiat without attracting the attention of the authorities.
Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....
I think you actually invested in the wrong coin which led you to that acquire that massive lost, or maybe you bought at a time when the market was already up and then the later dip now affected your portfolio. Holding is not a bad idea especially if you know exactly what you are getting into because if you are not prepared and ready you might probably just end up wasting a lot of money all in the name having an investment.
Holding is like a gambler that is trying hard to make profits from betting.
That is because the risk remains there and it's just the same as if you're gambling. But this time, you're betting on something that requires you to be patient.To be honest, it is nit easy to hold coins when you have financial challenge that us pulling you down.
I have been there and this is true. When you've got no other option but to sell the bitcoin you're holding, it's painful honestly but it's also good at the same time because it is the one that's about to save you from that situation you're in that requires money. 
-snip-
The primary need cannot be the reason you have to sell your main investment asset because the main target is still not achieved. If you are forced to sell it then from the beginning the asset or the money used will still be needed for future needs.
But I can't forbid it, it's your right as an asset owner. The important thing is that you sell when you already have a profit.
I have also been in your position, but urgent needs such as operating costs forced me to sell some of my assets.
From various events, we can learn that financial management is very important so as not to interfere with the main investment that should be for the long term.
Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....
Holding is like a gambler that is trying hard to make profits from betting. To be honest, it is nit easy to hold coins when you have financial challenge that us pulling you down. You will have no option that to go coin and use the fund to settle the problem Ion ground. Those that. An hold for as long as they want are those people that are working and having consistent inflow of money to there accounts. For those that rea sti struggling earning little, it is not easy to earn from the market. It will take extraordinary determination and sacrifice to hold coin for a longer time. 
I chose two answers to represent someone else - it's just not me.
Some non experience users who trade don't have good budget strength and stability before starting. They want to get rich overnight - while they also absolutely do not want to lose money. This mindset makes them have fears about losing so much money and of course they won't hold onto it for the long term.
About me - I'm a holder, from day one to date. There's no doubt - I just want to get a feel for how far this bitcoin price will go after the 2024 halving.
Some non experience users who trade don't have good budget strength and stability before starting. They want to get rich overnight - while they also absolutely do not want to lose money. This mindset makes them have fears about losing so much money and of course they won't hold onto it for the long term.
About me - I'm a holder, from day one to date. There's no doubt - I just want to get a feel for how far this bitcoin price will go after the 2024 halving.
Honestly, I haven't been a long-term Bitcoin holder. However, I have held a few alternative cryptocurrencies (alts) for an extended period. Interestingly, I didn't directly purchase these alts; rather, I acquired them through various marketing activities. My approach is to capitalize on Bitcoin's volatility rather than simply holding it without a strategy. By doing so, I aim to generate profits while keeping my Bitcoin portfolio intact, ensuring that I don't miss out on any trends.
Now I want to know what really do you think is holding people back for hodling this period?
Please try to answer the poll and I hope to update the thread with result of the thread after getting enough results, possibly after the 5th page.
Not everyone is as enthusiastic about bitcoin despite investing a couple hundred of dollars in it. Holding bitcoin and having to consider whether to use it in since it doesn't have a real-life use case of it in one's surroundings may be the reason some people are not holding it. Not understanding how it works may be another reason why people are not holding. Skepticism and uncertainty may be another reason why people are not holding. Government propaganda may be another reason why people are not holding it. The government may make people believe the only use for bitcoin is to commit crime. So progovernment supporters would buy whatever they say and swallow it without caring to do their own research. These are some reasons. Please try to answer the poll and I hope to update the thread with result of the thread after getting enough results, possibly after the 5th page.
Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....
I think you actually invested in the wrong coin which led you to that acquire that massive lost, or maybe you bought at a time when the market was already up and then the later dip now affected your portfolio. Holding is not a bad idea especially if you know exactly what you are getting into because if you are not prepared and ready you might probably just end up wasting a lot of money all in the name having an investment.
Yes that is the most common situation that occurs, but if you really want to invest you can set aside even a small amount, maybe $1/day, I think you have that amount every day for now, and if accumulated one month has $30 to invest, it doesn't have to be a large investment, small amounts are great and safer but if you do it consistently I think you will get a pretty good return in the future.
I'm not sure but I haven't used a platform or exchange that allows us buy $1 bitcoin hence I believe you're talking about having to safe and gather the money and you'll agree with me that there are expenses and challenges that aren't budgeted and are very necessary to solve and it might be relatively impossible to have such money and not solve such problem, hence I believe it is easier for someone who is financially ok to invest than someone trying to make ends meet.The mindset of consistency that needs to be applied even 10$ in one month, unless you really don't want to collect it and really not want to invest, the average person thinks that investing must be in large amounts, but in my opinion, even if someone has financial circulation minimal, if he is determined he will do it.
I also do understand that we have to save to invest but I don't think that principle works very fine with buying bitcoin especially for someone who barely have to eat a day, should I save even to starving myself because I want to invest in bitcoin?
Guess no, and that is where my point about investing in bitcoin is more easier for people who are stable and not people struggling to make ends meet.
The major thing that is making people not to hodl BTC is financial problem, I have be finding it difficult to save small amount of money to invest in BTC so that I will be able to solve my school fees for this semester but things are very hard for me and my family financial that made me not to hodl. I believe many people are facing the Same thing too because, BTC investment is the best investment that will make someone to have rest of mind when you involve long term hodling because, it will be difficult for you to experience failure. If you have money and you have the knowledge of BTC and the price is low like the way it was low early this year, I think BTC investment will be hungry you to invest and hodl for a better future.
Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....
Hold can either saved up our money or make us regrets not taking a buy order. Holding a coin is under probability of 50/50 results of profits or loss. We're into the space because we want to earn money, but losing money can also frustrates our strategy, we get demotivated whenever we record losses. One key basis to reducing loss is to prevent FOMO (Fear of Missing Out) we follow the multitude to invest, not because we find good entries on the market, but because we just want to invest and not missed out on any project. Which is totally wrong, I'm not relenting on my duty as an investor in the space, always ready to take my chances. 
Now I want to know what really do you think is holding people back for hodling this period?
Please try to answer the poll and I hope to update the thread with result of the thread after getting enough results, possibly after the 5th page.
Everyone has their own reasons for not holding BTC amid the reason of not having money. For example, today I was having a conversation about BTC and halving event of it. Because I wanted to tell him that BTC will go for another ATH in the early 2025 (maybe). So, before telling him about bull run of 2025, he was not ready but once I told him about halving then bull run and then BTC will make new ATH that might cross $100k.Please try to answer the poll and I hope to update the thread with result of the thread after getting enough results, possibly after the 5th page.
His eyes remained opened and he quickly said, I will definitely invest in BTC with all money I have. Actually he have some money as he wanted to go abroad but I told him to focus on your studies in foreign now because that must be your highest priority instead of stressing about BTC profit or loss once you will invest in it.
This indicates everyone has their own agendas and reasons to not join holding of BTC. One of the biggest reason I found among my friends that they feel stress and depression once they invest in such high volatility assets. Because according to them they have took the huge risk now the profit must be huge enough to reward them profit that they could eat it in their half life. Which obviously is not possible so they just drop the plan.
Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....
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