holding is not an easy thing

[djgtr]

Holding is easy to those who have a good source of income. If I have a daily source of income I can maybe hold a coin for long time but if the we doesn't have a good source of income for our daily needs it has a great possibility that we cannot hold a coin for a long time. Because we need to sell some coin or convert it to fiat for our daily needs.

[cheezcarls]

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.

Indeed. Although holding is still a good thing for major coins like Bitcoin, Ethereum, BNB, Cardano, etc., but that is if you put an amount that is considered “dead money” in your eyes or simply what you can afford to lose. Risk management is still necessary right now and I certainly believe that even if it’s just a small profit, learn to appreciate it.

[lepbagong]

Holding is easy to those who have a good source of income. If I have a daily source of income I can maybe hold a coin for long time but if the we doesn't have a good source of income for our daily needs it has a great possibility that we cannot hold a coin for a long time. Because we need to sell some coin or convert it to fiat for our daily needs.

indeed the big problem is if we don't have more funds to buy coins and haven't gotten the appropriate profit then we can't hold it for too long. when we get a little profit, we immediately sell it and turn it into fiat for more important needs.

I am also the same as you, can't hold on too long for each coin even though the coin has a pretty good prospect though. can be sure to be sold when the price feels good and not trying to wait and hold until the price is even better, because the need is more important than holding it in any longer.

[LUCKMCFLY]

This thread seems very interesting to me because normally it is very easy to say or recommend HODL, but when you have money in the market and you see some falls or that you are losing 20-30% of your investment it is a matter of concern, you just have to be nervous made of steel, because it is natural to always be looking for news that talks about the market and when you come across bad news that usually causes a lot of stress to investors.
That is why it is always recommended to make the investment and not review any of the news, and wait a long time until a great upward movement can occur, sometimes Warren Buffet's books are the ones that best teach to have confidence in investments. In these moments of the market, some freshness and tranquility usually enter, but it is necessary to continue monitoring the movements of BTC.

[chikading2016]

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 think you are right mate, I have experience a lot of disappointment by selling off my holdings and after a few months it rises almost 2x higher than the price that I sell. That was really painful for me but there nothing o can do I need to pay my daily expenses. So I also believe that holding is only for people who are rich.

[South Park]

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

One of the great problems with holding is that it seems deceptively simple, after all what it can be so hard about buying bitcoin and then keep it? Well things are more complex than that especially if we take into account that thanks to the volatility of bitcoin its price can go down really fast and suddenly you find yourself facing massive losses and then you have to endure these conditions for months or even years, this makes a great deal of people to fail on their goal to become long term holders, losing money they could not afford to lose in the process.

[Golftech]

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

One of the great problems with holding is that it seems deceptively simple, after all what it can be so hard about buying bitcoin and then keep it? Well things are more complex than that especially if we take into account that thanks to the volatility of bitcoin its price can go down really fast and suddenly you find yourself facing massive losses and then you have to endure these conditions for months or even years, this makes a great deal of people to fail on their goal to become long term holders, losing money they could not afford to lose in the process.

If they keep looking inside their porfolio even they are aimng for long term goals, it's unavoidable that they'll failed,

but if they will not do that and they stick with the plan, buy and hold or buy then set your target selling price, forget

about your trade or visit and check it once in a while just to make sure your assets are safely stored.

[Sweetbtc]

Holding is very good for big profit. Its happen  with me many time when i sell any coin because of family need sometime coin price goes 3x or even 10x. Then i have nothing to do but only regret. Rich people can Hold for ling time and i believe that can get big profit.

[viananda2525]

Holding is very good for big profit. Its happen  with me many time when i sell any coin because of family need sometime coin price goes 3x or even 10x. Then i have nothing to do but only regret. Rich people can Hold for ling time and i believe that can get big profit.

holders not only come from rich person , every one could be good holder as long they have good mental and confidence to hold token. 3x or 10x profits was very good amount profits, you must be gratefull for every profits you got and never regret with every decision taken. if you invest with free money maybe you never complain about closing profit earlier due daily need reason.

[South Park]

Holding is very good for big profit. Its happen  with me many time when i sell any coin because of family need sometime coin price goes 3x or even 10x. Then i have nothing to do but only regret. Rich people can Hold for ling time and i believe that can get big profit.

holders not only come from rich person , every one could be good holder as long they have good mental and confidence to hold token. 3x or 10x profits was very good amount profits, you must be gratefull for every profits you got and never regret with every decision taken. if you invest with free money maybe you never complain about closing profit earlier due daily need reason.

This is another misconception that many newbies have, holding is not only for those that have a lot of capital, holding is for everyone, it is true that the more money that you invest and the longer you are able to hold the more profits you are going to have, but at the end of the day profits are profits, but newbies do not think like that they want to multiply their capital many times over, and while holding can do that for most newbies that is not enough which is why they prefer to invest in altcoins and then they get burned and lose their money.

[OgNasty]

One common thing I've heard over the years from many people is the quote, "all you did was buy Bitcoin."  It's funny to me, because I made my first Bitcoin purchase for myself recently and it was a very miniscule amount.  I've actually found the people who say that to me have ALWAYS purchased more Bitcoin than I have and yet never saw success because they sold and didn't believe.  If holding was easy, then that wouldn't be the case.  Nowadays you have lots of options to spend your Bitcoin, and many people feel the need to do so in order to lock in profits.  So next time someone wearing Jordan's on their feet tells you that all you did was hold Bitcoin, show them the holes in your underwear and tell them being wealthy isn't for everybody. 

[viananda2525]

sometimes rich people don't always take assets that are held. Rich people tend to use free money to get assets, so holding for people with ordinary economy seems difficult because it is always needed for everyday life. so I think the most important thing is how we manage our assets properly and correctly

they have strategies to earn another assets , and investment never took to get new assets , they will use sources that have to get it. Holding assets should not did if we still have another need to filled, make priority list so we will know which one will get first priority and just do it. 

[livingfree]

sometimes rich people don't always take assets that are held. Rich people tend to use free money to get assets, so holding for people with ordinary economy seems difficult because it is always needed for everyday life. so I think the most important thing is how we manage our assets properly and correctly

That's true, for some people that don't have much assets they tend to spend those probable assets that they have for their needs if the time comes.

But for those rich folks that have already their assets on the hold, they generate profit from it to produce another assets. We cannot blame them as they've worked smartly which we should also think of applying to us.

So that our wealth will increase and as well as our holding in crypto assets.

[milewilda]

sometimes rich people don't always take assets that are held. Rich people tend to use free money to get assets, so holding for people with ordinary economy seems difficult because it is always needed for everyday life. so I think the most important thing is how we manage our assets properly and correctly

they have strategies to earn another assets , and investment never took to get new assets , they will use sources that have to get it. Holding assets should not did if we still have another need to filled, make priority list so we will know which one will get first priority and just do it. 

Having other assets or investment or sources on where he could get some income then he wont really be minding of on holding his other assets that are on idle state or waiting up for some returns but also
in negative too and its true that holding is never been an easy thing specially to those who do only have that one investment he do rely on and there are lots of factors that would really affect your decision
but if you are really that strong will and dedicated into holding then you could really resist those temptations for you to sell early and its plausible on looking into those long term hodlers
although this isnt really for everyone.

[cryptolord2077]

More often than not, people want to make quick money, and they think of the word hold as if they would have to wait a few months.
People are simply not ready for the fact that sometimes they have to wait several years before they get a really good profit.

[Koro-Sensei]

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.

This is the problem when you invest the money you can't afford to lose. Projects really needs time to grow. Time for developments and to spread the word of their work for them to have more community awareness. Aside from that, market volatility and price manipulation from whales is really a thing that dictates its price action. What if you buy a coin and leave it in wallet for a year or so. Surely you'll have a profit way beyond expectations.

[conected]

More often than not, people want to make quick money, and they think of the word hold as if they would have to wait a few months.
People are simply not ready for the fact that sometimes they have to wait several years before they get a really good profit.

- The reality is that most people are ready to stay in the same position for months and years, but the time that people usually think is just a few blinks of an eye, it becomes a quiet space beyond the ordinary, only knowing to be silent to keep oneself from being shaken, ignoring the thorns, I hate to say that this is quite a bit of torture and honing. Maybe you are right that this life is not our principle nor our way of life, that becomes a cruel precept and many people just take one small step to refuse to participate and do not want to experience such a lifestyle.

[airdata]

 I am a crypto trader and also i am a little investor, but sometime i did a big mistake, 54k YOUC token was my wallet and then its value was $60 usd, so i decided that i will hold it for long time on my wallet. One month Later i see that its price has good increase and its total value is $240 usd, so i sold it, that was my big mistake, that i sell my all youc and next month its totall value has $3000 also still its value $5k usd. 

[dustboy]

I am a crypto trader and also i am a little investor, but sometime i did a big mistake, 54k YOUC token was my wallet and then its value was $60 usd, so i decided that i will hold it for long time on my wallet. One month Later i see that its price has good increase and its total value is $240 usd, so i sold it, that was my big mistake, that i sell my all youc and next month its totall value has $3000 also still its value $5k usd. 

You cant consider it as a mistake since you made 4x ROI from your initial investment. You did not know that it will have bigger value after you sell it, did you? It is an usual thing and I'm sure many people experienced similar thing with you. You can say it as a mistake if you know in advance that your token will have bigger value but you decided to sell it in cheaper price.

You can learn from this experience, once you hold something and you see the price grows up, dont sell it all. Sell partial amount only and keep some others for longer holding. At least you have made from the first selling in case the price is not growing as what you expect after you sold some of your holding.

[dunfida]

I am a crypto trader and also i am a little investor, but sometime i did a big mistake, 54k YOUC token was my wallet and then its value was $60 usd, so i decided that i will hold it for long time on my wallet. One month Later i see that its price has good increase and its total value is $240 usd, so i sold it, that was my big mistake, that i sell my all youc and next month its totall value has $3000 also still its value $5k usd. 

Mistakes like these are common because whom had thought that a certain coin would pump that high? specially if you've been holding some coins which arent known and just simply make out some pump randomly

where the first thing that would put up into your mind that you should really secure profits out of those coins as soon as possible and since we dont know on what would happen next in the future

then its just normal that we would really likely to miss out opportunity to earn more because we are in a hurry on securing profits when it do pumps but we didnt expect that it would even go higher.