Fredomago
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May 04, 2021, 07:33:00 PM |
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Holding good coins is not easy especially if you plan to hold in the next 3 years at first but life forces you to make a big decision on selling that holdings to support for your needs.
I do experience a lot of this and right now I regret some of those big decision before but i have no choice that time so I have to move on now and start buying again. I’ve learned from this experience that good coins will always come and you can always buy then any time so keep working and never give up just because you sold early, that’s still a good profit.
I feel you since I had similar experience and with Covid around needed some money to take from crypto. Life comes first at the end so no bad feeling from me even I would have been in a big profit now. Yes indeed, if you are in a situation where you needed to choose between life and anything that you holds. You need to sacrifice and think positively, you can buy again and try to collect more. As long as there's life the opportunities is always open to everyone, regret should not be for long, move forward and try to cope up who knows what are those waiting. Continue and be more practical, a good test that will lead you to more successful journey inside this industry.
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wiss19
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May 04, 2021, 07:37:35 PM |
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Holding good coins is not easy especially if you plan to hold in the next 3 years at first but life forces you to make a big decision on selling that holdings to support for your needs.
I do experience a lot of this and right now I regret some of those big decision before but i have no choice that time so I have to move on now and start buying again. I’ve learned from this experience that good coins will always come and you can always buy then any time so keep working and never give up just because you sold early, that’s still a good profit.
I feel you since I had similar experience and with Covid around needed some money to take from crypto. Life comes first at the end so no bad feeling from me even I would have been in a big profit now. Managing everything under control must be a big challenge for all of us hence holding cannot be an exception here. Only for the people who are all having alternate income stream might be able to continue their crypto holding at all times and people do not have such other income stream might need to face life's other demand time to time. I must agree that holding is not that easy for all of us.
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hahay
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May 04, 2021, 07:47:48 PM |
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Yes, I have experienced this several times because I am not a rich person with a lot of money. But I don't agree that holding is only good for rich people, because slowly if you continue to learn and have money management for your life needs, then I believe holding will still be possible for those who are not basically rich people. But yes, what is certain is to make a lot of deposits first before they end up being spent on buying and holding. With a more mature plan it will keep your investment profitable, it doesn't mean you just buy without a financial plan because obviously it will be dangerous in the future.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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carlfebz2
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May 04, 2021, 08:31:51 PM |
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Yes, I have experienced this several times because I am not a rich person with a lot of money. But I don't agree that holding is only good for rich people, because slowly if you continue to learn and have money management for your life needs, then I believe holding will still be possible for those who are not basically rich people. But yes, what is certain is to make a lot of deposits first before they end up being spent on buying and holding. With a more mature plan it will keep your investment profitable, it doesn't mean you just buy without a financial plan because obviously it will be dangerous in the future.
Always set out plans even if you do just tend to hold on what you have currently accumulated, dont just simply accumulate blindly because everything should really be in plan and moderation. When it comes to investment then nothing beats out when you do know on how to handle up risk and dont expect much on getting rich instantly.It is a long process and depending on what are the steps you've been doing in the past. Holding is indeed not an easy thing but if you do set out goals which makes you inspire then i dont see for it to be really that hard.
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beerlover
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May 05, 2021, 08:20:30 AM |
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for now what I have noticed with people who are pursuing crypto is wanting to get rich quick. we should throw such thoughts away, because they usually backfire on us. trading must be disciplined, measured, and be able to take advantage of opportunities and not be greedy, take sufficient profits and look for opportunities to come again
Such traders are always part of all markets and those people are finding success regardless of they are actively trading or simply holding because it is up to their level of skills and we cannot have any general opinion here. Moreover everyone is here for making profit so it may sound like being greedy for some people and may not for others. I must agree that holding is not a simple thing when you are fully depending on the returns of your trading/holding. Managing your holding along with other savings/income could be the only solution here rather than going for loans with the expectation of repaying from the returns of your holding may worsen the situation rather than leading to any solutions.
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iv4n
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May 05, 2021, 08:53:32 AM |
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... this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.
Yes, for rich people it's easier! They can invest and hold for years... they will still have money for everything else! On the other side many people live from day to day, so money enough to eat and pay bills today, for tomorrow you need to find money! So for those people, it's really hard to put anything valuable aside and just wait... it's hard to wait with an empty stomach! It's hard when you are starting from zero, or even worse, from minus! But it's not impossible, there're exceptions, especially in crypto... there's always a way, but a person should be able to find it and push it!
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Slow death
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May 05, 2021, 10:12:43 AM |
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this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you. rich people and wealthy countries have a lot of advantage in either doing Hodl or doing day trade, imagine that someone rich would take 50 million US dollars and buy bitcoin for the price of $ 10,000 and decide to do hodl for many years, that person will be richer with this big increase that the bitcoin price had... that old phrase: "money calls money" that in my country many people like to talk. when someone doesn't have a lot of money and invests and then bills appear to pay that person will withdraw the investment money to pay bills It's hard when you are starting from zero, or even worse, from minus! But it's not impossible, there're exceptions, especially in crypto... there's always a way, but a person should be able to find it and push it! a small bankroll Is a headache, the person has to work hard and the profits are few, which makes it very stressful. the same applies to making Hodl, imagine that the person has $50 and decided to buy bitcoin for the price of $54000 to make hodl, if in 2023 the price of bitcoin is $150.000 that person will keep $150, waited more than 1 year to get $150. Is a little demotivating, unless the person invests in some altcoin that generates 10X profit in that case it would be worth just making hodl with small amount of money
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Shasha80
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May 05, 2021, 11:02:51 AM |
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alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.
Holding is not for the rich, but rather for people who have an income. Because people who have an income can certainly manage their finances, and usually the money used to buy coins is extra money. So the money from the start was not for buying daily necessities. So if you are holding, but selling it because to buy daily necessities, you should not invest in crypto first. It's better to focus on looking for work that does have a bigger income, so you have extra money to get holding coins.
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goldade
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The Standard Protocol - Solving Inflation
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May 05, 2021, 02:40:26 PM |
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alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.
Well, that's just the harsh reality of hodling. You buy a coin but then because of pressing needs or even just some daily need that needs to be attended to, you'd sell off at a price after making a little profit only to find out after some time that the price has actually increased such that you could have made much more by just waiting. I, however, believe that if one have the mentality that the price of a coin will always rise, such person won't at any time sell because all coins, except stable coins, have the potential to rise. And that means you'd have money digitally and not be able to use the money even when you need it. What I do in such cases is that I sell the coin and I stop monitoring it. Maybe hodling is really for the rich who can buy and hodl for a long time.
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Desscount
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ComboLabs
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May 05, 2021, 04:12:39 PM |
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I know it's not something easy to do, because we have to really be patient and know which direction the coins we hold are going, whether Bullish or Bearish, we have to really buy those coins at a cheap price or at the bottom, if not then your hold will be useless. not all coins can increase 10x or 5x, there are even coins that do not increase at all and ROI is still negative.
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Gheka
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May 05, 2021, 04:21:50 PM |
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Yes, I have experienced this several times because I am not a rich person with a lot of money. But I don't agree that holding is only good for rich people, because slowly if you continue to learn and have money management for your life needs, then I believe holding will still be possible for those who are not basically rich people. But yes, what is certain is to make a lot of deposits first before they end up being spent on buying and holding. With a more mature plan it will keep your investment profitable, it doesn't mean you just buy without a financial plan because obviously it will be dangerous in the future.
Always set out plans even if you do just tend to hold on what you have currently accumulated, dont just simply accumulate blindly because everything should really be in plan and moderation. When it comes to investment then nothing beats out when you do know on how to handle up risk and dont expect much on getting rich instantly.It is a long process and depending on what are the steps you've been doing in the past. Holding is indeed not an easy thing but if you do set out goals which makes you inspire then i dont see for it to be really that hard. for now what I have noticed with people who are pursuing crypto is wanting to get rich quick. we should throw such thoughts away, because they usually backfire on us. trading must be disciplined, measured, and be able to take advantage of opportunities and not be greedy, take sufficient profits and look for opportunities to come again Your theory is a very solid foundation for success but its level of detail is not too high, which made many investors more illusions about wealth through crypto, they don't think they'll get rich right away but they still think they'll be rich in just a few weeks and a few months or just through some of the signals other people provide daily. The stop in holding will be what makes this method not easy, the stop is something too vague and depends on the investor's mood, knowing that stopping early is good and vice versa.
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gabbie2010
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May 05, 2021, 04:41:03 PM |
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alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.
Holding is good not only for the rich people but also for those financially capable and with a lot of patience. Holding is not appropriate to the people who just trade to earn a little profit from their small capital daily. What if the value of token you hold suddenly drop down? Of course you need to wait for it to pump again to avoid loses. It also takes time. A hodler that is financially incapacitated will have no option than sell some coins to cushion the effect, honestly it is not easy for less privilege individuals to hodl of course they has to survive whatever conditions they found themselves, however that does not mean selling off their portfolio, it's appropriate to hodl some coins at least to have something to fall back in case of any eventuality
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Traderbtcc
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★Bitvest.io★ Play Plinko or Invest!
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May 05, 2021, 05:08:53 PM |
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That's just the way it is, before thinking of holding you have to make sure you won't be needing that money for a very long time meaning you have to make sure you are financially stable, but life is very unpredictable our needs and wants are unsatisfiable, from time to time we need money to settle some issues on ground cause whether we like it or not problems will always be there and money is needed to solve them, so it's really hard to hold a coin for long term except you have a spare cash which you could use to sustain yourself until you finally decide to sell your crypto holdings.
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fahmimajannat
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May 05, 2021, 05:19:40 PM |
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Its a quite a hard thing in the market. If you cnat hold. You will regret for sure. So learn how to hodl. First step is not checking market more than twice a day. It will decrease your chances of selling in small corrections
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Kasabus
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May 05, 2021, 05:59:24 PM |
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Its a quite a hard thing in the market. If you cnat hold. You will regret for sure. So learn how to hodl. First step is not checking market more than twice a day. It will decrease your chances of selling in small corrections
Holding won't be as easy as that. It's easy to say hold your coins but definitely hard to perform most especially if you don't have funds for emergency cases. But if you aim to make a lifetime savings through holding, it's a good start but make sure to manage your funds properly so you won't end up selling your coins after few months from holding. The profit might not that big but still very useful.
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cute nmp
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May 05, 2021, 06:29:29 PM |
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Holding is definitely meant for the rich in my opinion .I was paid bounty rewards last year from the forum and was able to hold it for a few months because I was very sure that after the launch of the project platform price will go up .The need to pay my school tuition fees arises and I was left with no option but to sell all the coin for just sixty-five dollars,today the coins almost worth Four hundred dollars .If I had enough at that time I would not have sold my coins that cheap.
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DarkDays
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May 05, 2021, 06:52:12 PM |
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Holding is only for those that have the attitude to hold even when the market is showing signs of weakness. I do not think, it helps in labelling rich people as holders as I believe that if you can't go about your daily life without having to rely on your crypto investment then no investment would be good enough for you.
Crypto is volatile and you can't rely on it for your daily existence. The holders are only those that can afford to lose that investment - that's what investment should always be about. If you can't afford to lose it, then you can't say you're investing properly.
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Woodie
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May 05, 2021, 06:53:18 PM |
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Holding is never going to be easy for anyone thinking crypto is a get rich quick type invest, sorry to break your bubble but you will be dissapointed!
Investing in crypto is not so different from investing in anything like a business, this takes time except bitcoin has proved to have a better ROI over time than anything else IRL.
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$crypto$
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May 05, 2021, 08:10:51 PM |
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Holding is only for those that have the attitude to hold even when the market is showing signs of weakness. I do not think, it helps in labelling rich people as holders as I believe that if you can't go about your daily life without having to rely on your crypto investment then no investment would be good enough for you.
Crypto is volatile and you can't rely on it for your daily existence. The holders are only those that can afford to lose that investment - that's what investment should always be about. If you can't afford to lose it, then you can't say you're investing properly.
Only money is more than your life so long-term investments will be much better because they will not be pursued by needs even though there are weaknesses in the market, we do have to have a defensive attitude in holding and it's not as easy as what you imagine unless you forget about it and remember again in a long time surely you will be strong in this. There have been many who have done this, but they still cannot survive because of their attitude, that is why attitude must be important and also never be tempted by anything because if we look at it it will certainly make more panic and chaos how the asset reduces it.
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goinmerry
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May 05, 2021, 08:14:04 PM |
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I got the point. Holding is just a simple word but doing that as an actual strategy, it's not that easy to handle on the way.
Others will say, just hold and forget. But even after 5 years, they will see those coins as undervalued or the worst, dead.
This hold until 5 to 10 years strategy should only be applied at those dominant coins over years.
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