Bitcoin Forum

There are alot of persons out there who so wish to seize this very opportunity  to accumulate  and hodl more of bitcoin  but have no mean(money) to do so and this has been one of the major reasons to why people aren't hodling for now.

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.

And if you'll  agree with me that as a bitcoin enthusiast, we at some point believe  that after bitcoin  leaves this mess of instability,  then it should be aiming  for an all time high and no one would possibly  want to miss out of this intentionally if they have the means to buy.

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.

Frankly, except for financial challenges, I can't comprehend why a reasonable person with a campaign here would not have their Bitcoins. There can't be any justification for that unless the person is waiting for the right price to strike it.

Better still, one could DCA it. By doing that, more coins would be bought and I don't think such would ever miss out.

Personally, I think Yes, the lack of means and resources is one of the biggest reasons why people can be accurate more than a limit. Now youngsters are getting more involved in the market and crypto community which means the Alpha generation which still doesn't have stable financial status. Students and Youngsters only face this issue most of the time.

Also, I think fear of another dump is also a very common reason for those who are recently jumping into the market because they are hoping for a big drop which in my view currently not possible at all. As the buddy above said they should learn about DCA.

They just don't have money at all and that's it.

We tend to say that we should buy if we've got money and that's always the reason why everyone don't buy. But we will never know on how many of them are going to do it when they've got the actual money.

Whilst for the others that you've mentioned of spending it. Honestly, Bitcoin should really be spent in any ways that we can to help with its ecosystem, the miners are there, we are the investors and we're not just investors but also the consumers or users that has to use it. But no one is forcing us to spend all that we've got.

The signature campaign of this forum cannot be the subject of statistics as it affects a very limited audience and it is not easy to be admitted among other things.  I'm quite convinced that people don't hold Bitcoin because they haven't understood its potential and therefore either sell first or, as you said, some don't have the means to invest.  If only they hodlated from January to now they would have done a 100%

People who are not hodling they have the right answer to give, I can't really speak for them what may be their challenge for not hodling, it is their life and their choice.  Bitcoin is a personal race , those that will hodl will always hodl because they understand what they want. People have their personal reasons why they can't hodl which I know whenever it is the right time they will hodl. But I know The common reason why people don't hodl is because of financial challenge.

Since many people find investing in Bitcoin to be prohibitively expensive, there hasn't been much adoption of the currency. Additionally, the perceived danger brought on by Bitcoin's volatility could turn away potential investors.

The financial literacies and cryptocurrency comprehension, however, should also be taken into account. The complexity of blockchain technology and the idea of cryptocurrency is something that a lot of people find difficult to understand, which can be intimidating for individuals without a technical background. The hesitation to invest in Bitcoin may also be influenced by this lack of knowledge.

Regarding the financial restriction, it concerns both risk tolerance and the availability of funds to invest. People with unstable finances or limited resources might not feel comfortable putting their precious resources at risk on something as erratic as Bitcoin. This is a prime illustration of the wealth inequality gap: whereas those with discretionary money may afford to invest and take risks, those who are trying to make ends meet cannot.

Lack of finances is a factor that affects all categories newbie, trader or investor. Hodling is not even a discussion when you lack the means to buy bitcoin. Signature campaigns is one of the ways one can earn bitcoins and grow their portfolio without investing. However, it is really difficult to hodl when you don’t have other source of income except signature campaigns.

Ignorance and fear are mostly what deprives newbies from investing in bitcoin, they do not understand what bitcoin is and are scared of investing in a digital currency that’s not regulated. I think there are more people who in the world who still cling to the old systems and will only put their money in traditional investments like real estate, gold, stocks, bonds e.t.c.

For those who are already in bitcoin, it’s a different story because they know the potential of bitcoin and they are engaged in the bitcoin ecosystem. There are different kinds of people in the crypto space, there are traders and there are investors. Traders do not necessarily believe they have to hodl long term to make profits, they usually have a trading plan that’s short term and gives them their target profit. While the other group which I call Investors, they are not interested in the risks associated with trading and only want to hodl for long term. Their plan is simple and safe.

 Bitcoin is a volatile currency and will never be stable. FOMO should not be the driving force for anyone to make an investment. I believe bitcoin will pump after the halving and historically it has followed that pattern, but there js no guarantee that bitcoin may reach a ATH next year.

Lack of financial stability is the most common reason for people failing to hold even if they wish to do. So anyone who wishes to start investing whether it's on crypto or gold or any other asset need to achieve financial stability prior to making an investment which is possible by start saving money and reducing everyday expenses by being disciplined,

Once you saved decent money then you have to allocate it for investments which gives you a sense of control over your life and You can make decisions based on what you want to do, rather than what you have to do to make ends meet.

I’m now holding my Bitcoin but the only reason why I will sell my Bitcoin on current period is when i really need money for emergency that can’t be fully covered by my money on my bank or if I sense that there will be an upcoming FUD on crypto through the news channel. Right now, Bitcoin is very bullish due to the ETF hype so there’s no logical reason to not hold Bitcoin at this time.

I think most sellers is probably looking at 31K as a strong resistance since Bitcoin price failed to break this wall before. Price history can easily deceived weak hands to sell if they have a chance.

to hold bitcoin at its current price is ridiculous. because bitcoin price has been trying to go up.
right now the best chance is to wait and see. because it can come back down.  ;D

I think almost many agree on this issue that they do not hold bitcoin because of insufficient financial resources to invest and can only meet their living needs, of course this is a problem in the lower middle class who have a mediocre salary every month.

Actually there are many factors where some of them believe in bitcoin investment, there are also those who feel less confident in bitcoin due to factors with unstable prices that tend to be more sensitive when there is negative news or FUD, prices are still difficult to predict (because they cannot analyze) and I think there are still many other factors that may be for some people still unsure.

For those as bitcoin fans they will know how the history of bitcoin every 4-year cycle, the highest price is always a record again after halving, I think they have strong instincts why they believe so much including myself in bitcoin, but surely there are other reasons they are not Holding Bitcoin.

Some signature participants are actually holding some portion of their weekly Bitcoin payment and using the remaining money for their own basic needs, whereas others withdrew the entire amount to cover their basic needs because they have no other means of income other than signature campaigns; thus, it will be difficult for such people to hold Bitcoin.

I feel that the price is still favourable for investment because no one knows when the market will begin to rise. However, waiting for another drop may not be beneficial because the price may not fall below $30k because we have less than six months till 2024 and we expect a halving then; so, the price of Bitcoin is expected to begin moving anytime soon.

If financial problem is the only alternative to not hodling, it is better to spend it all. There are colossal amount of reasons why people don't hodl other than financial disputes. If bitcoin is digital money then we also need to spend to make more bitcoin. The idea of money always requires money to make more money. A person that spends bitcoin today won't end up earning the amount of bitcoin he or she earns now in future. If a person gets their pay through bitcoin then what else do you expect them to eat when they don't convert to fiat. Remember we all encourage businesses to accept bitcoin in stores and online skills, they also need to sell to improve the growth of their business. I hodl more and sell some.  ;D

OP, I believe anyone here onboard this platform must be a full ardent bitcoin enthusiasts and as such, one would say that there is every possibility believers of bitcoin would definitely hold as halving is around the corner.

Patience is just the key to achieving that but do you think with pressing needs and demands one can be able to make such attempt to hold?
I do not think ignorance is the issue,
Fear of price decline should not be an issue,
What i really think is the economic crisis ravaging the world currently, people are going through lots and would want sustenance for the moment so they would not mind withdrawing the little they have converting it to fiat and settling some pressing needs at hand, maybe family, school, medical etc. which one can not tell the reasons for their actions and they can do whatever they deem fit with their funds and assets.

I support the idea of wanting to hold Bitcoin, I personally do, because in my experience with it, the best way to see gains is long term, as for what you say if bitcoin stopped being unstable, I doubt that, because one of the characteristics of BTC  is that it is not stable and that it would be impossible to be stable
 
On the other hand, I think that people don't have bitcoin simply because of lack of information, people think that they can only have one by buying it with 30 thousand dollars... but they don't know that you can have portions of bitcoin such as satoshis... Maybe in the future, this is not the case and people have a deeper study of this and some have a better vision of investing with Bitcoin.

I agree that to those people who are on having the opportunity on accumulating BItcoin through signature campaign is really an opportunity for you to do so but you cant really blame out someone on why they do actively
spending up those coins on weekly basis and converted to fiat because whether we do like it or not there are people who do really indeed making use of these funds on buying their needs.Despite on having that kind of optimism towards bitcoin and crypto to have those kind of possible opportunity of big profit on the time that this would really be having a bull run.Then they would definitely be missing out that chance and despite on
getting sad, they would rather be accepting their fate because they dont really have any choice but its true that if you are really that possibly be able to get a job and making signature campaigns or other jobs to be your
side hassle to make bitcoin accumulation then this would really be the best option or thing to make because you would really be able to accumulate coins without really that needing on spending it on week to week basis
since your main job would really be supporting your needs.

There are a lot of expenses this period, and even individuals with good financial discipline as having a difficult time keeping what they have saved for these kind of times, I am speaking from the situation of things in my country where the cost of petrol has increased and it is having an effect on the cost of other commodities. There is a need to change and adjust your budget to be able to cope with how expensive things have become. This is a challenge to the bitcoins that you have kept and planned not to tamper with.

Also because expenses have increased, there is less spare money to invest in bitcoins, investing in bitcoins now becomes a sacrifice that you are either willing to make or not.

Lots of people are finding it very difficult to HOLD, due to lack of money, some people will buy bitcoin with the intention to Hold for long term, but immediately they are having financial problem, they will end up selling the bitcoin they bought just to solve the problem they are having, to be honest its really difficult to hold bitcoin when you are not financially okay.

You are right, some people really want to invest in bitcoin, but they don't have the money, some of them have not being able feed well how are they going to invest in bitcoin? I don't think it will be possible for people like that to invest.

To cut the story short money is one of the reason why most people are not investing in bitcoin. Have introduced some people to bitcoin before and they are really interested in bitcoin but they don't really have the money to invest yet.

To buy bitcoin now or at any given price isn’t ridiculous because no one is certain of the exact price range it could fall too. We all know that the best way of buying bitcoin is buying low because it minimizes risk and maximizes the profit. But at a time like this where the market isn’t stable and the much awaited halving is approaching then it is better to buy whenever you have the funds, because you wouldn’t know maybe this could be the lowest price it can be for till then.

The widely used method at this certain period of time is the DCA method, this can be done weekly till when you feel you have accumulated to your satisfaction. The method will save you from missing out due to waiting for the right price

This might be one of the things that a lot of members here are doing, earning Bitcoins from signature campaigns. And I don't know whether the results will be converted directly to fiat and withdrawn to a bank account or holding, that is each's choice, which I believe is based on more urgent considerations. In the past, I always withdrew the entire proceeds from this signature campaign, not that I didn't want to hold, but there were needs that I had to spend and needed a lot of money, so I always converted to fiat and used the money for those needs.

But I'm very grateful because starting earlier this year, I can already control it and make a little difference. Indeed, sometimes we cannot hold all the Bitcoins we have, but at least we try to hold half or more or even all of the results of this signature campaign. At least, the holding can be targeted to meet the halving later. This may be easy for some people but not necessarily for others because everyone's needs are different. but I believe that if there is no serious need, I believe that most will choose the Bitcoin holding.

One of the other reasons why they don't hold is that maybe they do day trades to collect more Bitcoins. We know that not many people have the money to hold Bitcoin. And some of them choose trading, but make sure if they are already professional and have good skills in trading to control risk.

Everyone may have their own unique excuse for not being able to hold Bitcoin for long time, but given that many people do not hold any of it despite having a thorough understanding of cryptocurrencies and knowing that if they do, they will eventually make a sizable profit, I may easy concluded that is due to lack of funds.

And for those who work on the signature campaign and receive payment in bitcoin but consistently convert it to fiat money, I can tell that they have issues to address, which is why they always withdraw it. The majority of the people  in signature campaign are aware of advantage of holding Bitcoin, but they are unable to do so because of possible financial difficulties.

I also observe that some people, especially new investors, who have the chance to hold but are not doing so may be due to as a result of Bitcoin market reactions sometimes. When the price of Bitcoin starts to be dumping, almost new investors panic and sell their Bitcoins instead of holding onto them and waiting for the bull run but they never have the mind to to fear.

When we talk about people who participates in signatures campaign earned bitcoin how they spend the bitcoin, I think any reason rendering is exaggeration and predictions because nobody knows were we put in our money we earn in signatures campaign, some people are using forum earning as their side hustle and when the weekly bitcoin received they use it for investment, we don't know how people here have less bitcoin and more of bitcoin in his wallet, their are other investments some people can go in without  investing bitcoin gives them more money, so many people does even invest in bitcoin because they prefer investing with altcoin because the profit in altcoins investment, it depends were you want to invest

Well obviously there has got to be some persons doing some active hodling. Be it from personal funds invested in the coins or from signature earnings. Without any statistics to prove, there are a lot of users on the forum who are actively hodling most of there earned or invested coins as they’ve got other means to sort out there daily bills and use this for just another means to top up there hodlings.

I think the reasons that encompasses users or investors that don’t get to hodl for long is what you’ve already carried in the OP. What I’ll like to add is that,

We shouldn’t be one sided or too particulate about hodling on this one. Bitcoin wasn’t meant to be something we just bundle away and have it packed up in some wallet. It’s meant to be used as a currency, a means to some enjoyment of one’s struggles.
So yeah, if your at that line, you could cross but, it has to be a last resort following the significant benefit it carries.

From my insight about this post is that not that people don't want to buy and hold but rather there are core traders who only trade with it at the main time and if they are closing their markets they often sells off to a stable coin the maintain their profits stability. Like me currently I m holding but that doesn't mean I must hold thousand of bitcoin, I only hold the amount I think I should hold. Just as your poll already said, I am afraid of the dip meaning we may likely face more difficulty in terms of price dropping down to 25k or lesser so it's better hold the amount I think I could be able to withstand the pressure.

Going through a lot of comments I see that most members are of the opinion that lack of funds which is the purchasing power is the reason behind so many people not hodling bitcoin but in most cases, I think the fear of the price of bitcoin is the reason behind people not holding bitcoin. Any one who's a short time nvestor will be scared of the price falling since such person won't be patience for the price to go up again but for long time holders, they stand a better chance of holding for a long time because they believe in the chances of the price of bitcoin being in their favour by rising up before they can sell. Personal I think anyone who's a real bitcoin believer should have some bitcoin stored in his or her name if really they practice what they preach.

Yeah, the same mindset why most people regret later after bitcoin reach another milestone.
Bitcoin price doesn't look to go down now and it's a good time to take risks.

I personally still hold some Bitcoin right now, and I don't plan on selling it off anytime soon. That's for the one I personally purchased for the purpose of holding.

I believe everyone has what they intend to do with whatever they are earning from the various areas in which they might be making their money. As for my signature pay, I spend almost all of it every single week when ever it is being paid. They are what cover part of my daily needs and wants, and whatever I want to do with money—lend out to a friend, family, and all that—they are all on my weekly pay. That's what I do with the BTC I earn weekly; I barely hold them. But that does not mean I do not hold Bitcoin, since it's not the only source of income I have, but it's probably the source of income that pays most of the bills.

They cannot simply tolerate partial loss in holding and they are more into assured profit such as with signature and bounty campaigns. Well, it is not a requirement in the first place to have crypto holding but if you have the capacity to do so, then ofcourse it would be an advantage. The only disadvantage is that, it will require you to wait for a period of time or until the market price increases, in order to generate profit from investing into this technology  Also, no one is certain when would be or how long sjould we hold into our assets in order for it to be profitable. But as you learn from this industry, you'd understand it more.

Then they are just a core trader, not part of a long-term holder.
Traders will sell their asset holdings to stablecoins when they make a profit, but there are also some core traders setting aside a little for the long term.

You may not have to hold thousands, but you should hold what you can hold.
If it is targeted for the long term, then set a price that you will reach, so that you will not hold forever. The target price is important to get the profit you are supposed to get.

When the price drops before the target is reached, you just need to re-purchase to add more assets.
That's the right thing to do, don't panic and Cut Lose, that's stupid.

Every Signature campaign participants have different thought and circumstances. Some may use this money to meet their small expenses while others may gamble or trade with this money. Some may even save it for the future while others may convert it to fiat.

The question of why one can't ever hold the bitcoin for the long term really depends upon the financial conditions of the person. I guess everyone wishes to hold but in order to meet the day to day expenses, some people may have to convert to fiat too. If you do not have extra money which you can put in Bitcoin and forget about for a few years, you have no other option but to convert it back and forth into fiat.

Like I said before I have already hold what I think is okay for me to hold, I am not holding for short term or quick profits but I have decided to hold for about 1 year to 3 years if possible I may decide to hold for next 5 years and I will keep topping my balance whenever I feels the market is weak enough for me to top it up. I think people more focusing on the profits aspect of bitcoin instead of the core values why it was created, people who holds for profit never hold for long term rather short term and yet still gives bitcoin bad misinterpretation on how the price isn't stable or not make profit, but had forgotten they need to hold for long to be able to enjoy the profits.

Other reason could possibly be because they just don't trust Bitcoin at all.....for now. Back when I was teenager, I thought that Bitcoin was like sort of an illegal currency widely used. I was like curious about it, but it kinda held me back to buy and hodl since I don't want to be put behind the bars.
From that OP, you should also add that it could possibly be lack of knowledge that holds people back. It applies both new and existing hodlers.

Well, yeah, for me, I've always tried to hold as much as I can, but like op has described or said, most of the times, cares of life leaves me no choice but to sell some good portion of my holding, then withdraw the money to enable me solve those problems..

But then, one thing I've come to believe is that, selling bitcoin is not a bad thing, after all, buying and selling is how the currency discovers new prices, which is also how traders get to make some profits or losses - like I was saying, having to sell bitcoin is not a bad thing, but then, one should make sure they are not selling it for useless it for things that will not add any meaning to the person's life, this is in other to avoid regrets at the end of the day.

I think a good beginner baseline for how long you should wait is the halving, I think the halving is always a guaranteed profit when you are planning to hodl your bitcoin for a long time, definitely no one is certain but a good rule of thumb is to never marry the bag when the profit is already 100% or higher.

I choose lack of means and other, with the other reason being that people do not real know anything about investing, and as such if they had the means to invest in this market they will refuse to do it as they will prefer to keep their fiat in hand, not understanding this is even more risky.

And even if those people are making a mistake at the same time they are the ones that are in a good position, as the majority of the people out there simply do not have any money to invest, as the money they earn is not enough and they have a lot of debts as well.

Everybody will like to own a fraction of Bitcoin, and it's not everyone who own some is financially buoyant not a sell his/her bitcoin in time of need, which is why they are most likely to sell it to feed themselves or take care of pressing family needs, hoping to buy more or work for more and save. So that the reason why most people aren't hodling there Btc.

That is mostly the reason why others are still holding it because those who join signature campaigns needed that money for their daily needs, as for sure others don't have enough income. That is why signature campaigns are very helpful, or they are really planning to improve their lives, but those people have already settled, for sure. Even for myself, that is my reason, but I now save my money because of the halving to own and accumulate bitcoin, though again, it ain't easy as we still need to survive on our daily needs.

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.

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.

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.

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.

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.  ::)

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

I voted for the most popular opinion, the first one. I try to hodl, but I'm also not pressuring myself to do that if I know that I need to sell some of it to directly benefit from it. I believe in Bitcoin, and I don't have procrastination regarding investments, but I also don't believe in restricting myself now for a bit more in the future. I don't have enough to make a huge difference by hodling, even if Bitcoin grows significantly. And so I hodl what I can and sell when I could use some money.

Bitcoin is still not legalized in most of the countries so many people can't invest in this planform despite having good knowledge. Some people think that investing in crypto means they will lose money. There are others who do not have basic knowledge of investing. And there are many who have enough knowledge but do not have enough money to invest ‍and some others who invest and hold but are not able to hold until the right time. But the main point is that when people get full knowledge they will be motivated to invest in this platform. He can overcome the fears.

Unfortunately, not everyone will be able to hold, some people are able to spend money on bitcoin but for short term gains only, they are the type that have something ongoing in their lives that are very challenging, they can't afford to invest money and move on because they are also in very needy state too, but investment is oy convenience if you have good job in your life, a salary that's enough to cover most of your responsibility, and you will be able to devote every 10% of your salary into investment per month, to me this is still fair for every salary earners out there.

There are also some people where their present job is what they use to feed their brothers and their own wife and kids, I mean way too much of responsibility that's not necessarily,  I know few men that are doing this, they take responsibility for all family members and it's taking a big toll on them, like they don't have enough left for themselves to be able to invest, some people are really the problem of their own self.

I have decided to hold a few times but I notice that when I hold a coin the price of that coin goes down instead of going up and I can't make a profit from it even though I hold it for a long time and then I panic anyway.  Can't control from selling those coins.  and I have seen quite a few times that when I sell that coin it pumps up a few days later. I don't know if it's the fault of my luck or the result of my impatience. I sometimes think it's my luck and other times I think it's my impatience.  And because of this I cannot hold a coin for a long time.

This is an individual questions as we have different challenges in life, some individual that earn Bitcoin through signature campaign use it to assist their life as things are very expensive now that if you don't have side hustle or alternative job that pays very well, it'll be very difficult to survive. I'm holding and I don't know for others but I'm not holding every Bitcoin I earn form my signature campaign, I keep some for holding and spend others on my expenses.

Lack of enough money is the main reason people aren't able to hold because when they hold they get into troubles that need money to handle and they sell their Bitcoin to take care of those problems. Holding takes discipline and not many individuals have discipline to hold.

We literally all have money. We cannot meet our basic necessities if we do not have money. There is money, but our wage is barely enough to cover our basic necessities, so we don't have the opportunity to invest even though we would like to. I don't think if a person truly understands Bitcoin, they won't want to invest in it, because when I asked my friends, they all said they wanted to but didn't have the money to do so. So we might assume that the problem of individuals who truly understand Bitcoin is a lack of finances. Some people who did not invest in Bitcoin do not know enough about it.

The point that you convey about the lack of money to make purchases is the main thing in the case of buying bitcoins, in my opinion, the average of us who have a current income is just barely enough for their daily needs, I believe that everyone wants to invest in bitcoins, but not necessarily with the situation.
Entering stage two, the person who has money and wants to invest in bitcoin, but he is afraid because of the money he has for next month's needs so what happens to him is procrastinating until he is eventually left behind and does not buy, in this case side by side with a person who in the same situation wants to invest in bitcoin and also has the money but he is always looking for a cheap price, but he doesn't know how cheap it is. LOL

Yes, the DCA strategy is the answer, because it doesn't force you to put in large amounts of money at once, and is a strategy that is considered safe in any market situation because people who use the DCA strategy are people who have a target amount of bitcoin ownership.

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.

Short-term financial pressures often outweigh potential long-term gains. Yet, we must critically address the fallacy in asserting that only the financially stable should invest. Its worth noting that investment strategies vary greatly based on individual financial conditions and risk tolerance.

However, your notion that some individuals are the problem of their own financial struggles oversimplifies a complex issue. Structural socioeconomic challenges can constrain personal financial decisions. Blaming the individual may divert attention from systemic issues requiring resolution.

We should also question the perspective that investing only 10% of one's salary is "fair". This prescriptive approach does not account for the fluid nature of personal finance. Whats more feasible, is a tailored investment strategy, that is flexible and adaptable to the individual's financial status and life circumstances.

One of the ways to expand an investment is to hold.If one does not hold then one can never earn good profit.Many are afraid to hold Bitcoin due to its volatility.  I have earned bitcoins by participating in many signature and bounty campaigns and without buying directly.I always hold some bitcoins.  Many people don't understand cryptocurrency well, they sell everything when they see the market going down a bit.  Bitcoin can be bought at any time as no one is sure of the exact price range it can go down or up.

I did felt bad when I read this because from what you said it seems most if not all who don't have any hodlings despite joining  a signature campaign on the forum are abnormal which isn't right.
There are alot of persons who have alot of responsibilities to meet up with and maybe fortunately found the forum and fortunately enough joined a campaign and still trying to make ends meet, trying to balance their lives through their signature campaign rewards and you wouldn't have to blame such persons because life in general  isn't fair and equal and at such, everyone can't be the same, hence there are people who receive signature campaign rewards and don't even touch it because maybe they have a balanced life and there isn't any need to use the rewards but there are people on here who live their lives from the weekly rewards from campaigns and you don't have to make it seems they are left out and beside, the major purpose of investing is to have a better live and if selling and trading their coins to fiat is the way to survive, then I see nothing wrong with that.

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.

We all don't have money 😪  maybe others do but i don't  and not everyone can actually meet their needs.
And I agree with you that the wages and salaries isn't enough and it will be foolish if you're hungry and investing.



It wouldn't be possible to qoute everyone but hopefully later today or tomorrow, I will give result based on our votes and we can all know that really hinders people.

Those who can become strong hands in hodling are those who do have enough funds to save and leave for the long term. The point is those who have strong hands are those who are financially capable. Because they are short of funds and there are still many important things that must be fulfilled with the funds they have, it will be difficult for them to become Hodlers.

I hope I'm a strong hand this time around. and I almost finished my accumulation target. 80% towards the target makes me more excited in accumulation. Still loyal to DCA. but sometimes my weekly accumulation routine is delayed when there is an urgent need that I don't expect. But then I'll replace it in the next week. made me do a double accumulation the following week.

and unforeseen urgent needs can also be the reasons behind someone failing to become a strong hand to remain a strong Hodler. Changes of plans sometimes have to be done by someone. I was once in this situation when I couldn't be disciplined enough to set aside money for an emergency fund.

Of course it is not possible to buy $1 of bitcoin every day, it is an act of not thought, and yes there is no exchange to facilitate that, what I mean is you put aside your $1 or fiat every day and accumulate it in month, and you will find a point where $1 you collect every day for the better at the end of the month to be exchanged against bitcoin, it also depends on someone respecting the money, even a matter of pennies if you collect will get a decent amount of change money you shop.

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.

In my case, the only reason why I'm not buying is because of lack of money if I do have a big amount of money I mean I would probably go to buy more, but for sure there are going to be other expenses and you can't really just invest all of your money on Bitcoin so at some point you're still going to save some of your money, budget your salary at some point you can't just use it all or buy bitcoin every time. It would obviously take time since you might have a better opportunity as well if the market price drop.

I don't think investors and traders do Procrastination since most of us who already have the knowledge surely are eager to buy any time, Fear of a later dip might be one of the reasons because its a common weakness of newbies.

Also, traders can hold for a long time if they have enough money or fiat that can sustain them through the years on holding since if you just forget about your investment then just let it rest through the years, probably you just need to watch the movement of the market at some point.

Honestly, I would love to have more money to invest with more bitcoin, but I think the ability to balance my life with such an investment is right for me. I understand the potential and future of bitcoin to increase in price and possibly hit a new ATH, but I need to live out my daily expenses, I still have my own crypto investment goals, there are periods where I need to earn money to be able to buy bitcoin later and wait for it to increase to make a profit. After accompanying the market for a number of different cycles, I realized that this place really offers a great opportunity to make people's lives less difficult.

Holding bitcoin give me a lot of relief than holding fiat,  because bitcoin has no inflation impact and its value tend to increase against the fiat which is already dead to inflation and other economic crisis.


I have been holding Bitcoin right from day one and I set aside 50% of my earn earning to acquire Bitcoin,  this has been helping a lot lately and with the recent Bitcoin price rise I see more motivation to keep accumulating more Bitcoin for the long term.

Lets just accept the fact that not all would really be having that equal chances or opportunity for us to accumulate even if we do really like on doing so just because on having these kind of limitation

then it cant really be that avoided that we would really be missing out those points on doing such thing because not all would really be that financially capable which it is really that understandable.
Lots of reasons on why people cant just make out some holding whether they dont have the money or really just that simply not liking on holding for too long or years and this is why they would
really be making out decisions that they would really be just making up some active trades instead.

Its true that when it comes to accumulation and holding for long term does really give out that kind of opportunity for us to make that good profit
and this is why success would really be varying on how someone would really be doing their steps on acquiring it.

as of this time, I think people are very aware that before halving the price might still be dumped down to $20k so holding right now might just make you lose a big opportunity. i could be wrong in this but in the past halving, the price also dip almost down to $3k again before the bull run. it was like retesting the last support level. if it could happen again, $15k might happen. so much of a dream world. we just don't know the future.

Well from the results, it's common reason for people to not hodling some assets as investments for sure is the lack of money. It also happens to me when I needed some money for downpayment for my motor since it's one of my needs for transportation due to traffic is one of the main issue here in the PH. It's much better to use motor since it could avoid the traffic by just taking a small part of the road. So I had no choice but to use my assets that I'm holding since I don't have any cash yet to use. I think this is the common problem, but still we could still hold even a small amount like in the Bitcoin which can gives a good result in the future. It's still an advantage to have knowledge in the crpyto industry despite the lack of money so when you already have money to invest you could easily profit.

Well even if people do have enough money, lack of knowledge would still arise or let's say.....misconception. Just like I mentioned in here, I had the wrong thoughts about Bitcoin back in the days and yeah I kinda regret that I let that thought went through for years causing me to miss out a lot of $$$$ to sell. Imagine if like around 2013 you had bought a whole Bitcoin and you finally held til late 2017 which was like a memorable moment for me in my whole crypto life even if we already had a higher ATH.

Well Bitcoin ain't really going to make you rich. Don't depend too much in investment making you rich solely by itself. Having another stream of income is the secret, but finding that "another stream of income" is the hardest thing to find.

during down trend of bitcoin price i prefer like to save money in form of usdt. the problem of currency is pretty much the same that it can't hold it's value whether because of volatility or inflation. but inflation don't give us hope while volatility does. when there is no good sentiment or purpose for holding bitcoin then there is no strong reason for doing it. example of good sentiment are halving, acceptance by country, mass adoption and etc. example of purpose of holding bitcoin are transaction using bitcoin such as paying tuition, buying product, buying service, investment and etc. but unfortunately in the recent months I don't see much success project that provide that things. it seems that we are focus on the pandemic over anything. but since i know the positive effect of holding bitcoin, I dont save my money in usdt, I only save my investation fund in BTC for long term holding and some in altcoins for trading purpose although i prefer like to save in usdt. i think we need more bitcoin holders to give positive effect in bitcoin price.

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....

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.

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.

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.

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.

I believe you must be confusing savings with investment, now let me clear you on this if you don't mind, the necessity to have a portfolio with hodlings irrespective  of the amount in bitcoin  is to flow with the tides, and the concept of bitcoin  nd cryptocurrency generally  is to buy low and sell high and of what essence will it be after saving your $1everyday till it gets to $30 at the end of the month when there are possibilities of bitcoin  raising to an all time high while trying to save?
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.

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.

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.

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.

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.

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.

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.

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.

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.

That is the result of investing shitcoins or what we called - investing blindly. We thought that investing cheap coins will give us huge rewards and that is my experience before, and yes, I was experiencing terrible losses that I couldn't easily forget. However, we must move forward, we might fall but this is not the reason why we stop because time is certainly good as we know already what we have to do. At some point, we gonna hold but in a situation like that, we'd rather throw them and invest in another project/s.

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.

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.

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.

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.

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.

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.

Everyone on this forum is aware of bitcoin and what it may become in the future; the problem is simply a lack of funds and investment capital. No one wants to miss out on the upcoming bull run, but it is difficult to invest when you are already struggling to pay your bills and take care of personal issues. Nevertheless, I believe we all have plans for how to raise the necessary funds. You will learn that there are always problems to fix and that the money won't be enough to tackle these problems even after participating in the signature campaign and receiving payments. People that have upper hands of investing are those that have multiple jobs, more like someone who has a well paying job outside the forum and still participates in signature campaigns that way they can easily save their bitcoin earnings because they are not dependent on it.

I currently own a little amount of bitcoin, but I want to own more, so I've been intending to add even 10 dollars' worth of it each week from my signature earnings. Over time, regardless of how long it takes, the amount of bitcoin I own will grow. I don't think I'll ever be able to save, and if I don't do this and I might miss the bull run.

A lot of people who earn Bitcoin through campaigns or other means end up withdrawing it to cover their expenses or solve other issues. I think one of the main reasons people aren't hodling right now is simply because they don't have the money to invest.

I even accumulated some bitcoins from signature campaigns for a long time, and my only goal is to sell only during the next bull season and when bitcoin hits $100k. But life is always full of surprises, recently I had to sell most of my bitcoins to take care of my son because of insufficient savings and I had no choice but to sell bitcoins.

Yes, everyone knows the benefits of holding bitcoins, but life is not as easy as it seems. There are many things in everyday life that we need to deal with first instead of just focusing on investing.

That is true, but dont forget the greed. This makes many things in our lives more difficult. Many people want "more and more" and maybe decisions make no sense, and often about money. Bitcoin is for many freedom, but also a way to increase his money, or in the worst case to lose completely. Whether it was a scam or a bad decision of greed. So hodln is not as simple as everyone thinks, even in the times when there was a increased about +1,000%. The decisions to sell for many people this may not be the worst, because they can make a dream possible.

The majority of people want to invest in bitcoin, but they lack the resources to even begin doing so. Some people earn bitcoin through signature campaigns, but they are unable to keep it due to financial difficulties. When my friends asked me how I manage my finances and make a living, I told them about bitcoin and gave them the majority of the information they needed to understand it, and they agreed. However, the issue with them is that they lack the resources to even begin investing. Many people really want to earn a living by investing, but the lack of resources to do so is the issue—not a lack of desire.

My friend, life is a never-ending series of challenges and rewards. You show great tenacity in wanting to raise your Bitcoin holdings despite financial limits. However, it is critical to recognise that currency, whether in the form of Bitcoin or any other cryptocurrency, is only a tool.

We are hampered not by a lack of resources but by a lack of creativity. Those who work more than one job may have more investment opportunities, but they still have to deal with the same time and energy limits as everyone else.

Try not to take yourself too seriously while you go about the process of amassing Bitcoin. The satisfaction of investing comes not just from monetary gain, but also from the knowledge and development it fosters. Consequently, you should put in both time and money into education. No matter the market conditions, that's the best investment you can make.

Bitcoin owners have different reasons of accumulating bitcoin, others are just pure investors that hodl their Bitcoin while waiting for the right moment and others are just earning bitcoin to be able to put food in their table, pay their bills, and buy things that they need and wants. Both are valid reasons, there's nothing wrong spending Bitcoin that you've earned, especially if that is their only source of income.

Well said! The longest part in achieving our goals is the path we have to take, so we must do our best to make our path interesting. Our life is this path that we go through, if you cannot make it interesting, then no one will do it for you.

If it is important for someone to work at several jobs, then try to make this work you like. I know what I'm talking about, I once worked at a job with a terrible boss and I regret that I worked for him for several years, I should have quit much earlier, because then I changed several jobs and saw the difference and realized that I could enjoy the job. Life is too short for us to do what we don't like.

And bitcoin is like a tool, I work, save and buy bitcoin, because I believe that it will make me financially independent, I like this feeling.

Agreed, there is nothing wrong with us spending bitcoin because it is just money, and it is to serve our lives. We invest, hold, or trade as long as it brings beneficial and valuable to us, we should not put too much emphasis on the issue of bitcoin should only be held, not sold. But it would be a big mistake for anyone to consider investing in bitcoin as their primary or only source of income, as we all know, the volatility and future of bitcoin is still an unanswered question. Whether you are earning bitcoins with signature campaigns or other jobs or investing in bitcoin, it should only be treated as a hustle and should not be the sole source of income.

Bitcoin is really made to be spent, and for others, they treat it as savings that, in case they needed it, they would use. Though I do agree with some that they are scared to spend it as they want to gain profit from it, for me, we do have the same view: I would spend it if I needed it. Though i still hold it if i want to earn profit it really depends on the person which still serve its purpose so there is nothing wrong with it , though i wouldn't say that making it a source of income a mistake one , i do prefer to say that it is a wrong move to do it because first even you'll gain profit on it but it is not on monthly basis which you cant pay your bills unless you already gain profit before that can last you 5 years and then sell the profit of your bitcoin then continue the cycle, but it is really preferred to make it a side hustle or really an investment.

Personally, I will say because of lack of money and fear of dip. The market is still not quite recovered yet. Besides, some of the token I am holding have dipped and currently at loss. So, it takes courage to buy another token under this kind of market situation.

When I came to cryptocurrencies back in 2017, I was sure that they would change the world, and bitcoin would soon be worth 100 thousand dollars. Therefore, I, like most people, was sure that it was necessary to store bitcoin and other altcoins, and then I would become rich.

Many analysts said that you need to sell at the top and buy at the bottom, but I stubbornly held bitcoins. For years I've watched him grow and burn. I didn't fix on the tops. And as a result, I did nothing when bitcoin is worth 40 thousand. When I needed money, I withdrew bitcoin at a price of 15k. It taught me a lot. Hold is a good strategy, but only if you are constantly withdrawing money in small portions.

But now I prefer to buy and sell all the time.

Most of what I see here is a lack of funds to buy, obviously I am one of them, I really want to invest more money with bitcoin, but I don't want to risk having to sell assets or borrow, because from the beginning I envisioned investing in this environment or anywhere using idle money. While it's safe to say that having more exposure to bitcoin or crypto, the more I realize the upside potential over time that bull cycles will emerge, hodl doesn't always lead to a happy state of mind, especially when we have a long DCA and go through a lot of FUD.

I agree with you for this point, there many out there that are interested to buy whenever bitcoin is in the dip buy no finance to get them so they become passerbys always. There is a friend of mine who is also a teacher was planning to buy last year dip but the salary is not big enough to buy bitcoin after paying of bills and house food stuff and other toiletries.

It is not compulsory that someone in Signature Campaign must hodle bitcoin, that is not written in anywhere. Expenses are defer. There are some people that has physical job which they are doing, so those kind of persons can save their signature campaign pay while spend the office work salary.

Answering the poll is also a personal decision.

In fact, owning bitcoin for many years is a very difficult task for the average person. He always needs money to pay off a loan for a house, car or university studies. Therefore, when the bitcoin chart goes up and down, it greatly affects the nervous system. Doing nothing (Hodl) turned out to be the most difficult thing here, I experienced it for myself. To do nothing is probably contrary to human nature itself.

"Lack of money" it will be correct for me. I was holding Bitcoin for multiple times but i can't tightly hold it end of the day due to my financial problem, I have to sell Btc to fix my problems, It is the true fact of why i am not holding Bitcoin.

Depending on your circumstances, if you have multiple sources of income and your life is free of financial problems, holding bitcoin will never be difficult for you. But most people investing in bitcoin are still struggling economically, and their bitcoin investment is the hope they can get out of poverty. But that's life, difficulties will always find us even when we have carefully calculated. So, holding bitcoin is not easy for those on a tight budget.

https://i.ibb.co/PNv6xys/20230707-161735.jpg

Judging  from this poll's result, we had over 42 voters who voted for their respective  choices and based on the report, we had about 30 users out of the 42 voters who agreed that lack of money is the major reason why they're not hodling and this persons made up about 58.8 percent of the votes which gave a far gap to the second option of a fear of a later dip making upto 17.6 percent  of the votes with about 9 voters and  8 other users also voted for other options as the third option with procrastination as the last with about 4 votes.

Despite not having a massive vote, but Judging  from.thr few who voted, it seems I also had so many people who also believe with me that money is the greatest reason why alot if persons  aren't investing  and there was a question  asked by a uers that how can we say money is the problem when we can eat and even up with daily needs and I was shocked  to see this because I'm  sure this persons don't know that there are people with alot of knowledge  about cryptocurrency but barely have the means to survive and I wouldn't advice anyone to starve just to own bitcoin and I believe  we need to stay health to invest.

I hope we see the result for ourselves  and stop blaming people for participating in signature  campaigns  and not have any hodlings.

yep, actually I always feel satisfied and try my best in life, I am very grateful for the things that I get from the fact that I can earn money to take care of myself or my loved ones, and also very grateful that bitcoin gives a return on investment. The exact opportunity is not always there, but we look for it, it is not natural that a person achieves success or failure with the initial investment, even if we are more comfortable and greedy. In terms of material things, it's just as small things to look at as a journey to achieving the desired life. Whether we want to have a reason to hold or not, just like our life has many different colors and states and is not fixed by one thing.

Many people are putting too much pressure on themselves when investing in bitcoin. I agree that holding bitcoin for the long term is best because of its profitability, but if the holding is harmful to us, then bitcoin will be more of a crime than a savior for us. I mean, there's no reason to hold bitcoins without using them if we get stuck. I find it funny that there are so many people serving bitcoins and not bitcoins serving them, they consider it more than their lives when it's just money, nothing more, nothing less.

I'm not saying that having bitcoin income is a mistake, I mean, with its volatility and unpredictability, let's not consider it as sole income or rely too much on them. That is very risky.

 We have a different status,we also have different income we have different works, most of us wanted to hold but because of the financial problem they cannot hold btc, some of us here is a holder it is because they have a free funds or thier financial status is good that is why they can hold a different coin they wanted to hold.

The real is that I don't hold any tokens because I don't have enough money. Because holding requires having money that has not been put to good use. But I trade with less money than what I currently have. From which I got out with a small profit. Now I am a day trader. So I don't hold on to any token for a long time.

In many cases who have funds, many users get afraid in Bear market and they rush to buy in Bull market because of FOMO and that's the main reason why many of us aren't holding. They think that bear market will remain for long period and they don't want to stuck their assets for an uncertain future. But they don't actually believe about the potential of Bitcoin. At the bull season they just arrive like a Bitcoin lover and start holding for more profits.
We have to know the meaning of this phrase "Hodl is Gold". Holders from the bottom always win and FOMO holders just regret in many cases.

Holding bitcoin is one of the smartest decisions a young person can make these days. Fiat currencies are failing, inflation is horribly high. You have to protect your purchasing power & if your time preference investing is 10 years or more then bitcoin is the best investment choice for you. Long term hodling is easy, no pressure & no stress around short term price fluctuations.

Long time holding is easy for those who have patience.  But holding for long time is very difficult for a person who lacks patience and forecast is very poor or it is difficult to meet his daily expenses due to low income. And for these reasons it is not possible for everyone to hold for a long time. But those who are able to hold for a long time are the ones who succeed in investing and get huge profit at one time. But those who are busy with short time investment make more loss than profit.

When Lawrence Fink from Blackrock talk about bitcoin being digital gold, at times like this you will try to keep your bitcoin from being sold by any means.

On the other hand, this is a little alarming, and it becomes like some kind of manipulation, but who knows, maybe this is the moment when Bitcoin starts to grow and reach unprecedented heights?

Yes, bitcoin is not the only way to earn money, but you must admit that compared to other assets, it is bitcoin that looks very promising, perhaps now it no longer has the opportunity to give such a big profit as in the past, because the more expensive it becomes, the harder it will grow, but yet I believe it will rise well in the coming bull market.

the problem is that not everyone has a stable financial situation and not everyone can save something on a permanent basis and more often their expenses exceed their income. For this reason, it is not possible to make savings in bitcoin and play long. Which of course they will regret later.

I believe the main reason for not investing in Bitcoin is the lack of funds for many people here. Bitcoiners understand its true value but for those who can't afford to buy it, it becomes a major problem. I think the best approach is to find a good job in real life or acquire skills or opening a service that makes you earn money, allowing you to buy and hold Bitcoin.

Looking at the voting results, it appears that fear, procrastination, and others are nearly 40% of the votes, with fear being the most prominent among the three. I understand this perspective because Bitcoin's price is highly volatile. However, historically Bitcoin has demonstrated a huge price increases, which ultimately lead to profits. So nothing to fear about imho.

The case that I remember the most about dogecoin is when I remember the time of 2018 2019 when it was easy to mine it on basic sites and I didn't really care at that time what their price would be, but let me tell you. the moment Elon Musk started tweeting with it I realized I had to search the account again, luckily I was still able to access it. Maybe it's not exactly hodl, but I can feel a certain asset's longevity and when its price increases many times as much as surprise as well as joy. When in a better investment position, choosing less risky assets is preferred to be able to hold it for the longest time.

I agree with you. People have no reason to fear, because it's logical Bitcoin does pretty nice on long term. So the most accurate supposition would be to assume people aren't holding simply because they can't, since they are in constant urge for money and new sources of income.

OP mentioned adopters who work online and have an income in BTC from signature campaigns and I think we could also include freelancers from other areas. The point is that these people need the income they make in Bitcoin to pay for daily bills, food, rent and other appointments. It's difficult for people to save money nowadays, because what you earn today, you already have to spend tomorrow to fulfill with your obligations.

Depending on the situation, sometimes we think that holding is the easiest, but it is not as easy as many people think. I mean, if you are always in financial difficulty, how can you hold bitcoin for long? Anyone who wants to invest or save, they should first deal with their daily needs, if even if they can't meet the cost of living, how can they hold bitcoin for long? People can't hold on simply because they don't have too much money, not everyone will have an abundant life like you.

Such a thing cannot be denied because basically holding anything must have basic capital or other supporting capital so that a person does not easily sell what he is holding or what he is keeping for a long time. Because letting go of what we hold on to is not always for the benefits we have seen, but there are also times when there is a sudden need for money for life so that it is sometimes forced to be done by someone.

Being a day trader is also not wrong, because you have also learned to hold in the short term, even if it is only for the purpose of small amounts of profit. And apart from that, actually everyone also learns from small things and tries to develop themselves to be able to do big things like holding large amounts for a long period of time. So it doesn't matter if you only become a day trader because you don't have enough money to hold on for a long time because what you are doing is also a very good thing.

The biggest problem is the lack of means. If a person has enough money to invest, there is a high probability that a person will choose bitcoin.

I don't think that a person in his right mind and with money will miss such an opportunity.

There are many versions of why people are put off buying bitcoins, the limited availability of money can prevent people from getting involved in investing and they are unable to collect purchases under certain conditions. When it comes to investing there may be ways for people to get involved, for example buying using the DCA method. But when it comes to investing in people who don't have a steady income and can't afford their daily needs, then nothing is more important than meeting living expenses.

Another version may be too worried about price Volatility resulting in certain conditions and basically because of a lack of knowledge regarding the right investment method and strategy. Thus limiting oneself to the fear of making accumulated and the habit of this kind of person will look for fault when passing a good opportunity for investment.

Most of the people earning money will have a passion to hold the money.But it’s not like you think,most of the trader may used their holding money for the emergency.When the emergency occurred,then they will sell irrespective of price.My friend had sold 700$ worth of bitcoin with the loss of 240$ to enjoy their vacation in to the out station.He had a trip with his girl friend to the hilly area.In order to manage that expense,he is ready to accept the loss.This is soul reason not to hold for longer period.

The market does not move in a constant direction. It is volatile and people will try to take advantage of it. The halving period is coming and the market does not move upwards just because of that. Before halving the market faces dumps too. In some cases, it happens extremely. Maybe those who are willing to HODL waiting for that to happen, so that they can get more in return.
It is important to understand that this chance might not come again. In hopes of more profits, they will be at a loss. What they don't understand is that HODL is for long-term plans. HODLing just before halving and the bull market won't give them the profits that can be gained from hodling for a long time. But as this could give us a head start, people should consider hodling. Then again, it's their own assets and they have every right to choose what they want to do with it. Those who will understand will invest and hodl. That's all there is to say.

I think a lot of people have been in the same situation as your friend. I won't say it's bad. This means that walk in hilly area was more important for him than losses from the price.

A few years ago I did something similar to your friend. But today I definitely won’t do this, because I developed a syndrome “delayed life". If you do not know what this syndrome is, then read it. I think it's an occupational disease for bitcoin holders and investors

Personally, money isn't exactly the reason I'm not purchasing Bitcoin; it's mostly a budgeting issue, and it's not the ideal timing for me to make extra expenses, even if those are for investment purposes. Thus, I prefer to stick to holding my signature campaign earnings, which on average would be a decent purchase plan, supposing that I was buying Bitcoin on a monthly basis. So far, my signature earnings are solely for saving and investment purposes; I can afford not to use them, so I'll stick to holding for as long as possible. So far, I've "failed" twice and have converted to fiat, but this time I'm determined to last till we're at least close to the previous ATH.

I wouldn't be so sure about throwing the ignorant card willy-nilly my friend. truth be told a lot of people in here are depending on the signature campaign payments for their daily sustenance, and you can't really blame them for doing so. The pay is great, there's no drawbacks to it, and with enough consistency you'd go far. There's so much more than just "ignorance" that comes into play when you talk about people who are not holding their assets. FUD, necessities, market situation, and a lot more are at play and I'd say it's much better than risking your investments over something that is as trivial as holding your bitcoins. In the first place it doesn't make you any less of an investor, you're just gauging your capacity is all.

What I find ridiculous here is that the person had the opportunity to hold and did not utilize it very well because of fear or a price drop. The market might seem unstable, but it's still on the favorable side compared to how it was in the past few weeks. I know there is a possibility of it dropping down a bit or going up all high again. But selling at this point is not a good option, provided that there are no serious needs at hand for me to be in urgent need of funds; that could have been the only reason that would have made me sell off my hodlings.
 
If not because of uncertainty regarding where the price of Bitcoin will be tomorrow, that's not enough reason for me to sell off my holdings, if I am holding any at that particular moment. You never know if the price will move positively in your favor immediately you sell out, which will make one regret his or her action. When one sells out their holdings, it's sometimes hard to replace that exact amount that was initially sold out.

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

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.

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.

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 👺👺

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Because that is the main reason mate , as even us holders are being hindered to add our investments because of lacking of money so that is surely the normal reason.
mate we are talking about investment so why not money will be the reason?
as if we can able to add investing without money.
wait, why would people blame those who joined in signature campaign? is it something bad bringing to them?

With the current difficult life, many people do not have enough money to invest, which is understandable because they have to take care of each meal for their family before thinking about investing. Honestly, I can't invest while my kids are hungry. But you are right, austerity is possible, although the amount will not be too large, and if we accumulate it in the long run, it will also be a significant amount.

I sincerely advise those who say there is no money to invest to find ways because opportunities will not come and wait for us forever. Bitcoin has rallied many times in the past, but that doesn't mean the future will always be so, so make the most of the opportunity. Don't let the opportunity pass by, and only regret because you didn't try your best.

If you try to understand the guy, you will know what he is saying. I understood him very well and what he meant is that, if he invests in bitcoin for short time period, if there is a financial need, he can withdraw his investment. But if he is hodling, he will not be able to hold for long because he hardly have extra money to take care of himself.
There is no emergency fund,
There is no steady income;
So, holding for long is best for the money you will not be needing in a few weeks or months. People who has held for years are the people that are forgetting the investment in bitcoin.

How cab someone invest in bitcoin  with let me say 2k dollars and mistakenly loss that amount?
Well it can be possible that's if bitcoin  losses 2k worth of bitcoin  in price assuming  the buyer buys at the current market price now and how do you explain the someone who losses 2k wouldn't be bothered compared to when someone losses $20?
Mehh, the higher  the more invested, the higher the pains felt if there is a complete loss along the line.

@cryptodude, I guess you must have read some threads here where it is always advisable to invest as little as you can even $1 a day can be kept aside to buy this and if $1os set aside for 30 days, that's about $30 in.your portfolio  and $30 in 12 months is about $360 in a year and remember  that you have a goal and the money invested are in one way or the other not meant for anything else but for investment and you should be willing to loss this and as along term holder, you shouldn't  be bothered by the profits of today but that of the long term you're already visualizing.

Yes , I agreed that there are several ways to store your cryptocurrencies. The two most important variables in this situation are your investment level and priorities. It will undoubtedly be difficult to keep your assets for a lengthy time if you are dealing with a tiny sum. Additionally, you can use a software wallet that can be downloaded from internet easily on your PC or mobile that can be accessible anywhere. You can effortlessly access your bitcoins with these wallets. Furthermore, some exchanges provide the facility to hold your cryptocurrency on your behalf. For the purpose, do your homework and pick a safe strategy that matches your requirements and risk tolerance.

A reserve is needed in any case, funds that will always be available 24/7. Anything can happen and this reserve can come in handy at any time.

There is no need to worry that this money will not work, that it is not invested in something, but simply lies. This is a guarantee of your peace of mind, with the help of this reserve you will know that no matter what happens you have money that you can use and you will not have to sell your investments ahead of schedule. Many successful people do this, so why not do the same.

And your long-term investment will also be safe because of this, because you will be sure that you can hold them for as long as you need and not worry about having to sell them due to some unforeseen circumstances.

There are many people who consider day trading as their primary source of income, so it's understandable that they just trade and don't hold for long. I have a friend, he is not a trader, but he is a P2P trader on Binance, he makes a profit by buying and selling USDT. I mentioned holding bitcoins with him, but he refused and said that current economic conditions do not allow him to do so. He understands the market, understands bitcoin, understands the benefits of long-term investment, but the difficult economic situation has not allowed him to realize that dream.

Then we should distinguish investment and trading. These two terms are not the same but some users think they are the same. What your friend is doing is trading and not investment. If he considers the country economy is too bad to invest, he might make a mistake, because he is not the  only one that is facing the economy situation in the country and I believed people are investing in it. And if he is a daily trader, he can still invest some bitcoin for a long time investment plan. And continue his daily trading.

Whether it's investment or trading, the end goal is still profit, as long as they can make a profit, they can choose any field that they feel suits them.

As I said, I once gave him advice on holding bitcoins, but he refused and continued to choose to trade on Binance.  But I won't say he is making the mistake of not investing but just focusing on trading because you and I are not him, we are not in their situation, so we don't know what they are going through.

Life is colorful, and we will never know what other people's problems are, so don't rush to judge them just because they don't have the same thoughts as us. Many people don't hold bitcoins because they have their own circumstances and difficulties.

This also pipes down to financial issues and this also carries one of the major votes on the poll.
There are several reasons why people are not hodling right now but I believe  one of the major reason why  people are not hodling is money and I don't think anyone who is a bitcoin  enthusiast and has the money to buy wouldn't buy especially  this period  when everyone is expecting to see bitcoin rise to an all time new price.

Whether we hodl or not, what truly matters is that we are making profit and to me, one of the safest way to make profits in cryptocurrency  and bitcoin  is hodling especially if you're holding  some reasonable amount of it.

Actually, everyone wants to get involved or even collect bitcoins, but in fact, you are right that most of them do not have enough funds to be able to buy bitcoins because the price is quite high, so many are looking for altcoins as an alternative because the price is more affordable.
The goal, after collecting enough, will be to buy little by little from the profits of altcoin investments.

You can also, as you said, effortlessly follow the signature bounty with bitcoin payments, but we know that at this time it is rare to make payments with bitcoins, apart from following altcoin signatures and then selling them to be able to buy bitcoins.

Once again, by participating in bounties, it is certain that at this time it is not profitable and cannot be relied upon to be able to buy bitcoins later because the payments are very cheap.
Buying in installments with whatever can be done is the best thing, and continue to do that while holding it for the time until the bull market comes.

The biggest problem that often hinders people out there collecting and storing more bitcoins is due to limited resources. The same thing often happens to those who get Bitcoin for free from the Signature Campaign, they are forced to sell Bitcoin to meet other needs that cannot be postponed.
The people involved in Bitcoin totally agree with you that Bitcoin will return to its former glory after going through some of the turmoil and uncertainty that has befallen Bitcoin recently. It's not that they (people out there) don't want to buy and they don't want to hold Bitcoin for those who got free Bitcoin from the signature campaign, limited resources make them have to resist the urge to have some good numbers in their portfolio.

I think from the average active campaign signature on the forum using bitcoin payments, that's a lot more than what you'd notice about Altcoins signature.

I agree with what you convey, of course there are many people who cannot save their bitcoins from campaign signatures, moreover they think that campaign signatures make it their additional work for needs, sometimes I also when I have a shortage of funds I always use bitcoin from campaign signature results to cover it.
So it's not that you don't want to hold it for the long term, but it's definitely the urgency that forces you to sell your bitcoins.
What's more, there may be some people who make signature campaigns their main job, selling activities will definitely be carried out to fulfill their needs.

I see two reasons that I would like to voice now and prevent people from holding btc.

This, as you have already noticed, is limited resources, that is, money that forces people to either sell bitcoin, even received, for example, for signature campaigns, or simply not buy bitcoin, because there is no free and extra money for this.

The next reason is excessive spending. This directly affects the previous point. By optimizing your spending, especially those directed towards entertainment (like bars, drinks, expensive accessories and devices), you can free up some of the resources that could be invested in bitcoin.

Some of us who earn in Bitcoin through signature campaign have more bitcoin in their portfolio, because not everyone who is in signature campaign depends on the weekly and monthly earning of bitcoins recieved here, some of us here have a job which is paying them in government while they are using Bitcoin payment in bitcointalk as a side hustle, so many people have bitcoin at large amount even alternative coins which they invested on. In a normal circumstances we that is in forum supposed to have a larger bitcoin in our wallets if don't convert to fiat currency, I'm using myself as reference I do buy bitcoins and altcoin and hold depending the coin potential will determine how long I will hold the coin, because it's obvious that not all coins that survive long duration especially in altcoin, so the potential of the coin will determine if it's good to hold or not.

The forum gives certain advantages, this is true, but in addition to the forum, I also buy bitcoin and some altcoins that seem promising to me. Everyone acts at his own discretion, if someone sees more prospects in buying altcoins, then this is probably not just like that, but based on some kind of analysis.

For example, I use altcoins for trading, and I buy bitcoin for the profit received, or in some cases, if I see that the altcoin can grow further, then I try to increase the number of tokens for some time, but in the end, the ultimate goal will be to sell them and buy bitcoin.

That to say you have already know the rudiments of investment and trading, so if you continuously trade in such it will be difficult before you experience lose, not everyone especially the beginners can apply the wisdom you use in such investment and trading, using altcoin for trading and using bitcoin for investment, that means you're consistent in trading and should make you to know when altcoin is promising and when you notice that you add more to make more profit.

There are many factors that hinder people from investing in bitcoin, but I think one of the major reason why people don't take it seriously is ignorance, because I feel being aware about it is worst than procrastination or not have the finance to invest in it, people who procrastinate know about bitcoin and the benefits of investing but still have doubts maybe due to it's market volatility or fear of missing their money, but could have a change of mind when they're cleared of their doubts, likewise not having finance, because one might not have money to buy and hold bitcoin or any cryptocurrency but could invest later, when they're financially stable or have some spare money for cryptocurrency investment since they've got a good knowledge about it, knowing about it alone is very good thing, because even if you're not financially stable or made up your mind over investing atleast you've good knowledge of what you're getting into  other than missing out on it's benefits because of ignorance, there's this quote from Martin Luthur King about ignorance that says Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.
 For instance the halving is approaching next year and those who are not very financially stable currently have enough time to save and prepare for the halving because they're aware of the benefits that comes with it and would want to participate no matter how little they invest, but those who are ignorant of cryptocurrency doesn't even have any idea about the halving talk more of knowing what they would miss out, so lack of knowledge or information is even worst than not being financially okay to invest in it.

Bitcoin is an asset which everyone wants to hold until they have greater profit but if they are selling their bitcoin then surely there will be some important reason behind it.

Sometimes people sell their bitcoin because of their fear to loss money and it is not a good idea because they should realise that one day the market will goes more up and their money will increase again.

Sometimes people sell their important things because they cannot afford the things which are crucial for life and I think that managing the problem during emergency will be easy by selling bitcoin as if we are not taking benefit from it during emergency then there is no need to hold bitcoin.

If a survey is carried out, almost all respondents give the same answer, they really want to collect and store more Bitcoins. Just because the money they have is very limited, they have to discourage themselves from owning Bitcoin. This incident is the same as when you ask someone who doesn't have a house, that person will of course give the answer that they really want to own a house, but because of financial limitations they are forced to rent a simple house as an alternative temporary residence.

Who knows someone's economic level, they should be the luckiest people because they can get Bitcoin without having to buy it directly. Economic factors make a person forced to destroy the portfolio in order to make ends meet or other urgent needs. There are other demands that make them have no other choice, I fully understand when someone is in this situation, their heart doesn't want to sell Bitcoin but because there is an element of compulsion they have to go against their wishes.

Yes you told absolutely correct. Many people are not holding their fund. Some people holding but most of the people withdraw his fund. And sone people buying another altcoin i think. Some people holding bitcoin for future benefit i strongly believe it. After covid now maximum people are in economic crisis. So they Couldn't holding i think.

I couldn’t hold my bitcoin which i received from signiture because i am survive with it. My family depend on my earning. So i couldn’t holding right now.

In my opinion, there is no need to be too rigid about holding bitcoins or not. I mean, depending on one's economic situation, if we need to use it for daily life, we have no reason to hold it. After all, bitcoin is just money to serve our needs as long as it benefits us, then there is nothing wrong.

I'm also using my earned bitcoins and I'm happy with that although many will say that holding bitcoins for a long time is more profitable. But how can I hold bitcoin while my family is still struggling for daily needs?

It comes with experience, some altcoins I can hold longer, and some I will sell on the first pump. Sometimes it even happens that I can sell at stop-loss some of them without a profit with a minimal loss, but I never allow big losses on altcoins, this is just a tool for me to increase the quantity of bitcoins. And it would probably be difficult for me to explain to some newbie how it works for me, sometimes you need to act quickly, everyone should develop a working strategy for themselves and remember that it is always important to increase the amount of bitcoin in our cold wallet.

BTC is indeed recognized as a potential asset and long-term investment pattern. I think the general and main reason is that if someone already feels that they are benefiting from the value of crypto assets, then they can immediately sell it to get a profit and not hold it for too long and that is regardless of the factor of fulfilling our daily needs, for example the cost of eating, drinking, work operations or others.

Bitcoin is a long-term investment platform where long-term investment has a chance of earning huge profits. If we invest in Bitcoin for a short period of time, we will not understand the amount of profit and loss from Bitcoin. To understand the amount of profit and loss, we must hold for a long time. One thing I have noticed is that people usually choose some ALT coins for short term trading, the price of bitcoin does not change much in short period of time, so for regular trading people think ALT coin is good choice, but for long term investment, they need security of money which usually people get from bitcoin. Investing in Bitcoin over a longer period of time will never risk your money but investing for a longer period of time will give you a higher chance of profiting from that investment.

Yes, that's true, because lack of an extra source of income is another reason why most Bitcoin holder sells their coins early without holding them for long, just to afford daily bread and sort out some daily bills & family problems. However, selling coins is not a problem in as much as they will someday buy when they have the funds to afford,  because just as an investment is very important, life & good health of oneself and family members should always be our topmost priority in whatever we do, as there is a popular saying "It's only the living who worries about money".

Bitcoin is an investment and it will give you a good return when you hold it for the long term, but that does not mean short term investment will not be profitable, it all depends on your skill. Moreover, an asset that can bring big returns always comes with great risks, there is no asset that can bring high returns without risk whether you hold it long term or short term. I do not agree with your statement, bitcoin is not as divine as you claim, it is also just a risky investment.

For techniques and efforts to increase the Estimated Value of investment True as what you have written and very relevant to patterns and strategies. and what @CryptoHeadlineNews has put forth is Fact and it continues in this life. That's right, we work either permanently or sideways (online) the main goal is not to get rich. at least it's enough to meet our daily needs, I'm very grateful, let alone getting more convenience than what we expect.

Bsb that you are trying to collect statistics about all crypto enthusiasts in one comb. The fact is that those whom you have just described, namely people who are trying to keep bitcoin on their wallets, are most likely beginners. The fact is that holding bitcoin is good only if you bought it at the bottom of the price and are waiting for growth. But if the situation is as it is now - when the market is frozen in anticipation somewhere at the average level - experienced players still make a profit. Namely, from fluctuations, selling bitcoin in small parts and buying stable coins, and then vice versa. For example, I bought for 22,000. And I sold a part for 31,000. And I'm not writing this yet about the fact that many people resell altcoins.

The sale of BTC, for those who haven't a permanent source of income, depends on the market cycle. If you have made good money on a bullish cycle, then this will allow you to live for several years without thinking about anything. But if you missed a bull cycle, then you will probably have to look for a permanent source of income until the next cycle, hoping to capitalize on it.

It is extremely rare that there are lucky ones who managed to earn a fortune, probably in BTC we can expect such a thing ahead, at least I would like it.

Slow and steady, it is said, is the way to success. Bitcoin's credibility and widespread use function as a safety net of sorts. It's the equivalent of the "gold standard" in cryptography. The extreme volatility that makes alternative coins attractive for short-term trading also makes them more volatile and risky. Keep in mind that taking more of a chance could lead to greater gains but also larger losses.

Being grateful is the best way to be able to enjoy whatever we earn from crypto. As a permanent job or a side job, crypto will give good results as long as we can follow the trend in crypto and keep growing. Not content with just one skill, but trying others. Investing in crypto will pay off fairly well as long as you are patient and choose the right coin.

Some People really understand the importance of hodling Bitcoin and really wish to hodl Bitcoin but because of the financial challenge they face everyday it has been serious problem why hodling Bitcoin is difficult. The current economic crisis is one of the reasons why some people find it difficult to hodl but because it is impossible to invest in bitcoin when their are problems to solve with money.

For one to be able to invest in bitcoin without distraction of financial challenges I think more sources of income needs to be generated,  this will help to hodl Bitcoin because their are more earnings.

I don't really hodl but maintain a base, I buy/sell of equations not emotion or what I think will happen.

Arbitrary number: say I put 10k in and DCA 200 a month. My base grows by 200 a month. And I keep track of my blended price average. Say a year from now my base is 11,200 but my current sale price is 15, I am got to take that 3.8k and set it aside while continue to DCA. If it goes significantly below my blended average purchase price I will buy my avg down with the set aside cash.

I have zero issue with taking FOMO'rs money

Holding is a personal decision, sincerely as a Bitcoiner, the best way to grow your profit is by holding tight, but circumstances have made people continue doing otherwise.

The truth is you can not have pressing needs and you keep holding, what if, it is life-threatening stuff, what will you do in such a situation, will you just hold because you want to grow wealth, I think is no for me.

Holding is a good strategy but it mainly for not necessarily the rich but also for someone whose income is high, so that he won't think of withdrawing anytime soon, in other to achieve his purpose of holding which is profit.

Because with BTC market cap and market price, small movement over it only gives a minimal amount of % gains. So if you also have only a little amount of BTC holding, it is more likely you won't feel it either. So IMO, people who are earning in crypto instead of holding it prefer to use it as side hustle and compensate for their expenses. They don't invest but only use it right away like a paycheck. It's not a sin btw. It just happen that that's what works for them and nothing is bad from that.

What matters is that if BTC gives us help with our finances, for like a side hustle. Then that is a good thing, is it?

In this case as much as possible their financial management needs to be better.
Actually, when talking about crisis or difficulty, this is one of the reasons why many people always fail when in bitcoin but something like that will be passed if we really manage our finances well.
Bitcoin is a pretty good investment but that doesn't mean when we are in bitcoin we let go of the business or job we have because it is a fixed source for you.
Indeed, there will be several conditions where we will definitely have difficulties but in this case we have to survive and do not make the reason for the economic crisis make you slumped because precisely with you slumped in that condition you will be even more depressed so we need to survive and one of the ways is like what you said by continuing to try to find opportunities both in work or business so that we also don't see the assets we have as the last hope we can live.

Sure, those who don't hold Bitcoin may not have a chance to understand where Bitcoin could go in the future. Moreover, many investors run out of money and sell their Bitcoin deposits. Actually small investors can know many future operations from here but they have less money so they are left behind. The price of Bitcoin is much lower now compared to the last few years so there is a lot of profit for big investors.

I think the reason is due to my weekly/monthly expenditures.

Unfortunately, what I earn monthly is insufficient for the expenses that I incur almost every month. With the BTCs that I receive from my campaign signature, this somehow alleviates my expenses and it supports majority of my purchases. Instead of HODLing, I use my BTCs in which I always regret, to say the least. I just hope that I get motivated enough to actually save my BTCs for the incoming fork this 2024.

At the end of the day, it really boiled down on how I view my expenses. As someone who is still studying, I do admit the fact that I chose to live this kind of lifestyle- where I buy food at least 3-4 times/day.

In the current cycle of the bitcoin market, as it is now, you need to keep them not to sell. Yes, it can be hard, but remember what happened in past cycles. People regretted not buying when there was a similar market. I am absolutely sure that in the future bull cycle, people will regret not buying just as much as in the past. Time passes, but people don't change.

The fact that you recognized it is already a big step. I understand you well because I have a similar situation. If we spend our bitcoins now, then we need to be prepared not to regret it in the future.