holding is not an easy thing

[TastyChillySauce00]

a lot of people really want to hold but the daily needs of life make them sell off at little profit

Just use your extra money for investment, don't use funds for daily needs. In this way, you don't need to sell your crypto coins for daily needs. Many people force themselves to invest with their daily funds, which is very not recommended to do. How if after you buy the coins, the price suddenly decreases severely and takes a long time to recover? That's why experts state that to invest with the money you can afford. 

That's right most of people making investment from the money they need in their daily life and it can become a mistake, instead of making profit the money could be lost some portion of it because investment isn't always gonna bring profit. It's a spare money that we can prepare that's suitable for investment. That's why most of people find holding coin really hard because they always need to fulfill their basic needs from that invested money which make investment become pointless because investment is all about timing.

[Rruchi man]

HODLing is not just for the rich, it is for the disciplined. A rich person can buy a coin and still sell bearishly maybe because of a news or just sheer speculation. HODLing is however not so easy for the poor and needy, who even having all the discipline may still have to sell out some coins as last resort to survive or settle pressing demands.

Remember, only the living can HODL, don't die because you are trying to HODL your coins. At the same time, it doesn't mean you should always pick off your crypto account for every small challenge you face. If you must, it has to be on the note that it was the only and last resort. Otherwise keep HODLing.

[bittraffic]

You need to have a job that you can hold your coins and you can live while your money is in BTC. There will always be the necessity to spend your money so if you have a job or a farm where you can get your food there, you won't be forced to sell your BTC.

It's bad enough that you have stayed in the crypto market for a long time and yet having no big holdings still now. It's time to really stand and hold your future.

[dustboy]

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 rich only, anyone has the same opportunity to hold but with different amount. For the case you talk about here, are you saying that many people holding coins with all the money they own so they do not have other money for their daily needs?

If it is the case, those people doing it completely wrong. People should not spend all their money for investment in holding coins. Investing, no matter it is trading or holding should be done with spare money only so it will not affect their daily needs for living.

[DarkDays]

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.

People often say that they can't afford to invest. But actually, you don't have to buy 1 Bitcoin straightaway. You can invest just 10% of your monthly income, but you should do it on a regular basis, and these little parts of your earnings will not be noticeable for you, nevertheless, you will get some profit from investment within the time. Fortunately, I started investing when I lived with my parents, so they provided for me, and all my nest-egg I was able to invest in Bitcoin, altcoins and defi projects. This way I learned how to hold, I overcame bear markets and big losses, and now it is really easy for me to hold.

Holding is a passion and a skill, there are people who are fortunate enough to get on this early and hold through heel and there are people who circumstances push them towards selling early. Whatever the reason, unfortunately, the minority HODL while the masses trade or close positions on short-term basis. But there's a need for this dynamic economics and so not everyone can be HODLers.

[sulendra12]

Hold is not easy, in terms of what? maybe if the person or holders are impatient especially if He/She holding the coins for a years now.

You probably didn't read the whole post of OPs.

The traders probably sold the coins because of their daily needs or even they need that money immediately. I think I have been talking like this earlier, but you shouldn't generalize people like that. Maybe you are rich? So you don't even think the other people situation in terms of economy, they probably need that money for their daily life. I have experienced that until today.

[ReiMomo]

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.

I would always suggest, do not depend the amount you have invested on trading for your basic requirements. Dont just await that the money you have invested would yield something every month to fulfill your basic needs. I have really lost almost $2000. I borrowed this amount and invested on a coin and expected an average return of minimum $150 per week. I even promised this return.

Where as, obviously there was no move but had to take the required amount from the capital. Had to sell at loss. So never depend on the amount you invested on crypto for basic needs.

[lalabotax]

they have ambitions to double their money, or many of them are willing to borrow money to invest in cryptocurrencies.

Expecting to earn more money is okay, but risking your daily funds or take a loan is a bad idea. You must realize the risk of losing bigger money if your investment in crypto is failed. You don't get anything, losing money in the investment, and should be responsible to pay the loan. You will be more stressed or even depressed than you only lose your extra money (amount of money that you can afford to lose).

[Cherylstar86]

they have ambitions to double their money, or many of them are willing to borrow money to invest in cryptocurrencies.

Expecting to earn more money is okay, but risking your daily funds or take a loan is a bad idea. You must realize the risk of losing bigger money if your investment in crypto is failed. You don't get anything, losing money in the investment, and should be responsible to pay the loan. You will be more stressed or even depressed than you only lose your extra money (amount of money that you can afford to lose).

Indeed. It's okay to expect and earn money even how huge it is as long as you don't risk your daily funds or take a loan just to earn without even knowing how risk it is. Some traders maybe sold their coins for such a short period of time maybe because of their needs or else they need that money immediately. Holding is a passion and a skill, there are people who are fortunate to get on this early and hold through heel and some circumstances push them towards selling early. Learning on how to hold is very important to avoid stressed or even depressed than losing such a huge amount of money.

[onecall123]

they have ambitions to double their money, or many of them are willing to borrow money to invest in cryptocurrencies.

Expecting to earn more money is okay, but risking your daily funds or take a loan is a bad idea. You must realize the risk of losing bigger money if your investment in crypto is failed. You don't get anything, losing money in the investment, and should be responsible to pay the loan. You will be more stressed or even depressed than you only lose your extra money (amount of money that you can afford to lose).

If you're skilled enough to read the market, it's OK. Every person's risk management and skill level is different. To gain experience, I made many risky plays and lost a lot of money. Almost everyone wants to succeed with their strategy. Each person is unique. That's fine if you want to play it safe. You decide what works for you! You want to invest buy-and-hold for a long time.

[checkmatesir]

Holding depends on the person daily needs. Although we know that patience is very important in trading. Some people have the capacity of holding and they don't want to do and conversely some people have the ability to hold but their daily need stop them from doing that.

[Anamika1000]

The daily needs of an individual stop him from holding and the main point is that it can be better for the person to have short term coins and get the profit from these short term profitable coin, it would be better for the person who can't hold due to some issues.

[arditiyan]

For anyone holding must be consistent because holding requires a good consistent attitude. Crypto market conditions are very unstable, you must be prepared and should not be exposed to any issues including panic selling and the like that end up selling your assets. so in my opinion the holder must survive and be ready for any conditions

[Rehan Zakir]

I agree with your opinion. Sometimes we sell coins at very cheap prices and after some days the price goes up. It is because when we fulfill our basic expenses from crypto trading. And sometimes we buy a coin with our whole investment and the coin goes down and down then we face this situation to sell the coins at buying prices or below buying price. So, make your own strategies for trading and holding is not an easy job. Sometimes project crashes and our investment will struck.

[AakZaki]

~snip~

If it is the case, those people doing it completely wrong. People should not spend all their money for investment in holding coins. Investing, no matter it is trading or holding should be done with spare money only so it will not affect their daily needs for living.

Indeed it requires great patience. But there is the most important thing in an activity to be a Holder. You must have the ultimate goal of what you hold. Because some people have their own problems. Hold because the price is cheaper than the purchase price. Hold because the price is cheap and want to let go when the price is high. Everything can't just be done, it takes practice and in-depth analysis. In addition, you need to prepare a backup plan if it is beyond the expectations of your hold plan.

[Hobo66]

the best bet is day trading, you can earn a consistent weekly income. Become a member of a crypto platform. Your money grows everyday without losses, the best thing is that you don't have to watch it like most investors. It sits there and grow with our trading analysis

[stomachgrowls]

For anyone holding must be consistent because holding requires a good consistent attitude. Crypto market conditions are very unstable, you must be prepared and should not be exposed to any issues including panic selling and the like that end up selling your assets. so in my opinion the holder must survive and be ready for any conditions

strong faith with your instinct not easy but it's doable for those who's determine to keep their holdings on hold, maximizing profits if you are aiming for it, then you need to learn how to sacrifies your emotions.

Think clearly and stay with your plan, never to move just because you see that there are many who are rushing to sell their assets, it wont help you but instead it may lead you to lose your money.

Really doable and we have seen those hodlers who had make out big profits or become millionaires on just simply holding which i can say that it wasnt really been an easy thing because there are
several factors that would really affect on someones decision or mind.

1. Dumping market
2. Presuming peak price
3. Personal or emergency need of funds
....

This is something that would really be hard to resist if you arent that dedicated.

[Traderbtcc]

the best bet is day trading, you can earn a consistent weekly income. Become a member of a crypto platform. Your money grows everyday without losses, the best thing is that you don't have to watch it like most investors. It sits there and grow with our trading analysis

I doubt if day trading is the best bet, cause I have tried it before and it didn't end well I lost countless times , day trade is much more risky than swing trading, since alot can happen in just a day, swing trading is much more safer since you just buy and hold for short term maybe a week or two before you selling, day trading carries way no too many losses just one loss and you could be rekt, so far swing trading has worked for me and that's the strategy I would advice anyone to use.

[Varunee]

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.

Only the rich can who can afford to buy and forget? yes maybe as well as the saying "Buy only what you are ready to lose" when it comes to investments.


Holding bitcoin or any other investments is that you are mentally ready for losses and thoughts like bitcoin going down and up back to its value 30k and it's really painful for those people (For example)who bought it on 40k and the value drop on 30k.

Or if you did not make any research in holding bitcoin well there is a first time for everything experiences is the best way to learn. Like a saying goes "Learn from your mistakes" and we all know that when we make mistakes we tend not to do it again and make something better out of it.

Yes I agree with you 👍 I too feel the same and I have seen that one of my friend lost his money in some investment and he had no money left and also he had no source of income, then he had only one option left that he had to sell the bitcoin so that he can invest again. Holding bitcoin is not an easy task to everyone .

[Hobo66]

Yes Holding need great patience . simetime it take 6 month to give you 2x. For professional trader the best bet is day trading, you can earn a consistent weekly income. Become a member of a crypto platform. Your money grows everyday without losses, the best thing is that you don't have to watch it like most investors. It sits there and grow with our trading analysis