Topic: Why are you not hodling - page 8. (Read 1106 times)

I think the main reason is the lack of funds. After all, if you have enough money, you will not be afraid of losing it because of the fear of a future price drop. You just try it!

There are also many people who don't hold bitcoin, simply because they don't have enough knowledge. They just don't understand what bitcoin is and why it is needed.

The main issue is a lack of resources, and challenges, especially when the standard of living is rising every day. I made a statement that day, talking and asking questions about whether the resources we consume come from another planet and require a lot of money to bring them to Earth things are simply too expensive. Even though saving money is getting harder, the best thing anyone can do is set a goal for any amount they want to spend, whether weekly, monthly, or annually, depending on what is most convenient for them. This will also help you stay stable financially. When it comes to money, there are serious rules to follow in order to be able to manage your finances, especially when you deal with money frequently. Also, fear of the dip plays a role, which is why you notice a lot of people selling because people are becoming wiser and don't want to wait any longer when the market is not in their favor. Some people also want to engage in revenge trading, which is risky and a very bad habit. The best course of action is to hold regardless of what, investing with funds you don't need.

Well, I would say that you're wrong about a small portion of the population. I think at least 30% or even more just can't invest and don't even think about that because they lack money.

Holding has been encouraged but I never push someone to do that especially if they can't. Because we know that many of us are impatient, holding seems to bother them upon seeing the price decline and hearing FUDs. Honestly, holding could really give us profit assurance but of course, must be aware of the situation that holding is not easy especially if you are not fully confident with the market and have uncertainties. We have to choose the option that we think we can do but I think, we also need to learn to hold due to the volatility of the market.

So from this when we learn something the importance of looking properly both from the news and some statements must be filtered properly.
The media and some countries will clearly anticipate this and spread news that is actually less true so that when something like this is read by ordinary people who do not know what bitcoin is before they will find it very difficult to believe this and in the end will still have some questions and uncertainty about bitcoin.

But as long as we are here with confidence and have a healthy community like this forum then indeed we can also see other things that cannot be seen in some media or some government statements that seem to hold back the movement of bitcoin.
I agree with saying we should focus on what we are doing without thinking too much that this will go well or not because as long as we are sure of the initial goal I am sure we can have good results on what we planted before.

There are several reasons why a person may not be holding.

1. He may not have any extra money to meet his daily expenses
2. He may be afraid of loss
3. He may not be patient
4. He may not be fully aware of the benefits of holding
5. He may not worry about the future but is happy with the present situation
A person refrains from holding by thinking about many such things in my own experience and opinion

how come that it is ridiculous to Hold bitcoin in its previous price ? are you out of your mind? this is the best timing to buy and hold bitcoin , and waiting to see bitcoin climb? that is when the price we hold buys this time and getting the profit in the next coming year lol.

Many cannot hold the amount of money they need to hold. But many can't hold because they don't have the courage to take risks even if they have enough money to hold. But there are many who have enough money to hold and the ability to take the risk, usually investing in Bitcoin and holding it for a long period of time. Many of those who have had success with holding say that the individual holds as much. If he can do it, his chances of profiting will increase. But I think holding is not possible without enough money. Because we have to forget about the amount of money we hold. It becomes very easy for a person to hold if our life is going well with money other than invested money.

I am able to invest in Bitcoin and some other coins because I have enough money to run my family and solve other problems, I don't even get worried when market is going the opposite direction, I just take advantage of any market conditions without any worries.

If you have problems that needs to be fixed you won't even remember to invest, I mean investment won't even come to your mind at all, holding is easy for those that are making good amount of money for themselves,  a successful holder wannabe must have other source of income, this is very important, work for the your crypto portfolio to have a better future, there is nothing bad about this.

It's not easy to become a Bitcoin and crypto holder and that's because you are making less money and you are lacking in some areas of your life, I don't see how a better future will come if we don't work hard for our crypto portfolio.

How did you conduct your research and arrived at this conclusion? I'm curious to know because I don't think it is possible to finds out when is holding or not. The reason I am asking is the generality in your statement.

Coming back to answer your question, it's not longer a news that only less than 1/3 of the world population are living in affluence without struggling for daily feed and other necessary things while the rest of the population equivalent to more than 2/3 struggle to feed talk more of acquiring other necessities. A convincing number of signature campaigners are trying to make end meet for selves and the love ones. Conclusively, lack of means is the major reason preventing some from holding.

There is a lot of inflation in my country, people no longer interested in saving. They are just concerned about what to eat in the immediate time. Then shelter and clothing,  next could be heath and that's all. The prices of goods and services are so high that it is difficult to buy. This is why some people don't save.
They could buy bitcoin today and then need the money tomorrow, they will end up selling the bitcoin. It could then be the bear period and they will be in losses.
That being said, inflation has weakened people's saving ability.

Everyone has their own reasons for delaying investing in bitcoin. There are many factors that make many people not immediately jump into the world of bitcoin investment, it's not that they don't want to, but that most of them are hampered financially. Because financial factors can be called the most important factors when you want to start investing in bitcoin. Even though for example the science of investing in bitcoin has been studied, if you don't have money or capital, it is certain that the desire to invest in bitcoin will be delayed. In my opinion, this is the most inhibiting factor among people who want to invest in bitcoin.

The second factor may be due to the fact that there are still many doubts about bitcoin. Because to invest in bitcoin, it is certain that you must not only have financial readiness, but you must also be prepared mentally or confidently. Because if these factors are not ready, it will most likely make you feel confused when you start investing in bitcoin. It may seem trivial, but in fact the factor of faith and mental readiness is very important in the world of bitcoin investment. So in conclusion, the factors that cause many people to procrastinate investing in bitcoin are hampered in terms of finance, in terms of faith, and in terms of mentality. But people who have these obstacles, I'm sure in the future they will most likely invest in bitcoin too, it's just a matter of time.

You have mentioned the necessary things that are holding people back from accumulating bitcoin. The main problem with people holding some bitcoin is not that they are not ready, but a lack of funds to invest in cryptocurrency. Like someone who is looking for food to chop, you can see that there are no extra funds to keep and invest in bitcoin or any other crypto currency. You yourself know that these investments in things are a choice, and some people are not investing in crypto, but in fact, some people are not yet willing to take the risk that involves cryptocurrency, especially bitcoin.

So they use the money they get from their signature campaigns to buy other coins or other businesses out there. However, when talking about signature campaigns, most people are spending their money to meet their needs. When you are in a country where getting a job is very hard, doing signature campaigns will be your source of income, so you can see that these types of people do not have extra funds to invest because most have families, and you cannot have money and be suffering at the same time.

What people lack most is financial stability which is why most of them fail. Investing in crypto definitely requires money which people don't always have. Financial needs are needed by everyone. But investing in bitcoins can satisfy some of the financial needs that must be kept for a long time. But most of the people are not able to hold Bitcoin investment for long due to lack of money. If a middle-class investor invests in Bitcoins to meet his daily life needs, he sells them when he needs money. I think it's best to invest in Bitcoin and be patient and hold for the future and it will always lead to success.

Right, selling bitcoin is not bad. We must remember that we invest in bitcoin to make more money and improve lives. So, if selling bitcoin can help us with everyday needs and emergencies, why is it called bad? If we have financial difficulty, or an emergency… just because we want to hold bitcoin, we don't sell, pushing us to a dead end. Is it a good thing to hold bitcoins that way? Bitcoin is also money, and it is to serve us, we do not serve it, and it will be useless if it cannot help us in times of trouble.

Well, I will not say that it is a fear of not hodling... but rather a strategic decision to execute a financial goal that was set. I bought bitcoins and I calculated that I have to sell them at a specific time, when it hits my targeted price, so that I beat other financial investment options.

It is no use hoarding your bitcoins for 10 years... and to sell it and only making say 3% growth per year. Then you would have been better off with a fixed deposit at a Bank with a much higher return on your investment. 

everyone has their own opinion, for those who don't like it, don't invest in bitcoin, mostly because it's not legal in their country, so it's a separate risk. On the other hand, there are those who prefer to buy and hold until the bull season comes, so they don't hold it too long. and for traders prefer the short term because it can provide profits repeatedly, and will mount for the long term.

There can be lot of different reasons why people don't invest and hold it like some maybe having some misconceptions about it due to all the negativity by some fake articles and meadia or say scammers intervention that makes them secure about not to invest and loose money.There could be many reasons but we should focus on our goals to hold and accumulate more btc to enjoy some profit journey later on.

Hey, OP,  It should not be pointed out that some do not do it because they do not have capital , since eventually there are individuals who have the money and others do not, obvious, anyway, as with other assets, just because bitcoin can be 10x or higher doesn't mean you have to be showered with investments.

Therefore, the reasons for not investing can be several situations and among them the ones that are surely the most predominant is that they simply they don't like bitcoin, course they are very obvious answers but investments are decisions tied to many variables, that is not only invested for the simple fact of being bitcoin and those who hodl fall into that complex idea of ​​decisions.

It is natural that whoever can afford it will hold that amount of bitcoins. Investors can invest different amounts according to their ability. If we look at signature campaigns, we can see that very few members are earning BTC from signature campaigns. Not all of the BTC earned from the signature campaign is invested by the people. They may spend a portion of the BTC they get in the signature campaign for their own needs, and the rest of the BTC they may use for investment. We cannot consider the BTC earned from the signature campaign as an investment, but the part of the money earned from the signature campaign that is not spent and kept for the future, we can think of it as an investment.