bitcoinst
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September 22, 2021, 05:07:09 PM |
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In fact, it is not as difficult as you say. It all depends on your level of understanding and ability to follow your own plan. If you just bought a coin and expect an increase, and as a result you get a decline and do not know what to do - in this case it is really hard for you, but not because holding is hard, but because you do not know what to do.
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riso2015
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Trphy.io
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September 22, 2021, 05:37:17 PM |
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It is very difficult to hold coins long term. It takes patience and good faith. All needs are met before investing. If you say is btc only suitable for the rich? the answer is not always. Because even an ordinary person if he is good at managing finances he will be successful in investing btc
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Fredomago
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September 22, 2021, 05:58:58 PM |
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For some people sometimes long-term holding plans fail because of urgency of necessity. that's why I prefer to use free money little and slowly rather than using main money. because the result will affect the holding
I mostly depend on the crypto field, for my daily basic needs i have to spend from crypto earning Because I have no job at the time and any external income source. So this is too hard to holding coins for the long time. In such situation as yours, there's no time to hold as you needed to work with your daily profits, it's tough and really panicking when the market turned against you, you don't have options but to go with the flow and always find the best thing for your short-term trades. There is a situation that you needed to stop and try to re-enter the market in hope that you'll find dip that ready to bounce back, you have to be patience and have good knowledge with the asset that you'll going to use as a token for your investment.
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Luke Briggs
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September 25, 2021, 08:38:24 AM |
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It’s not easy to keep patience for a long time. We will want to see market conditions all the time. We will always pay attention to the price of the coins we have purchased. The best way to hold it is to uninstall the APP after purchase and not pay attention to any software.
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Aurorra
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September 25, 2021, 09:36:30 AM |
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Insist on holding for a long time is a good strategy for profit. Long-term holding requires sufficient financial support and a calm attitude in the face of market changes, as well as enough patience to wait for time.
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stomachgrowls
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September 25, 2021, 10:06:12 AM |
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For some people sometimes long-term holding plans fail because of urgency of necessity. that's why I prefer to use free money little and slowly rather than using main money. because the result will affect the holding
I mostly depend on the crypto field, for my daily basic needs i have to spend from crypto earning Because I have no job at the time and any external income source. So this is too hard to holding coins for the long time. In such situation as yours, there's no time to hold as you needed to work with your daily profits, it's tough and really panicking when the market turned against you, you don't have options but to go with the flow and always find the best thing for your short-term trades. There is a situation that you needed to stop and try to re-enter the market in hope that you'll find dip that ready to bounce back, you have to be patience and have good knowledge with the asset that you'll going to use as a token for your investment. It is really impossible that you wont really freak out or would really get stressed whenever the market price is really going very bearish or you would really be seeing your portfolio is really on deep reds. Hodling isnt really an easy thing because each of us does have different goal or target and that what makes you do hold even more when you do really target out for long term profits. Some do prefer on seeing in much shorter time frame which they do really mind off that much on taking profits on very active manner.The most important thing here is on to make profits doesnt matter on what method you've been using or what goals you do have in mind.
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rahmathidayat93
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September 25, 2021, 12:15:37 PM |
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This is what traders face who do not have enough money to meet their daily needs. the first step a trader must do is financial management, for me investing all the money in the pocket to trade is a bad way, when the need is urgent many people have to accept losses by selling when the price falls. So it's important to share our finances, no need to invest everything. Save some for other needs.
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sumant
Copper Member
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September 25, 2021, 12:45:13 PM |
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Yes holding is definitely not an easy things. Very big task for any cryptocurrencies holder, if we learn this lesson then 10 to 100x will be ready for us any time. Holdings are always difficult for traders that has low amount of capital because their daily needs not help to hold coins for big times. Those trader who has big money even don't remember his investment then he will gain really big amount in future.
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nurilham
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September 25, 2021, 04:08:43 PM |
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it's difficult to control our emotions especially when the market is in turmoil, and a better decision is to hold it than sell at a low price. many people feel frustrated with it but all of it takes patience and also a mature mind. Based on my experience, I continue to hold the crypto that I have even though the price is good at the time. I believe that if I hold it longer then the price will be much better. but that's not it, the price is actually getting worse and from that I learned that don't be too rash and also make the best use of time to hold the coins we have.
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martina14
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September 25, 2021, 05:28:17 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.
Correction dude, holding is easy and the only hard thing I think is if you are impatience, lack of knowledge about the coins you are planning to hold in the long terms, I guarantee you that it will be hard for you to hold. But for the full of idea knowledge about what they are entering here in this field of business in the cryptocurrency surely everything would be easy for you.
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Lanatsa
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September 25, 2021, 05:57:55 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.
Correction dude, holding is easy and the only hard thing I think is if you are impatience, lack of knowledge about the coins you are planning to hold in the long terms, I guarantee you that it will be hard for you to hold. But for the full of idea knowledge about what they are entering here in this field of business in the cryptocurrency surely everything would be easy for you. Not that easy because there are really times that on when it do really poke us up on making a sell whether on a declining market or a market on where everything is fomoing or shoot up above. So I do really agree that this holding thing is never an easy one if you are sure about holding into a certain coin/asset just because you do really believe into its potential then it is really someone could able to take on and this isn't something that would really be just that the same on what others been doing.It will really be varying on someones actions basing up with their perceptions.
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Cadaver20
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September 25, 2021, 06:57:45 PM |
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You really said something true that, "holding is not an easy thing." Because sometimes we have to sell to meet our daily needs or we have to sell at the beginning of pumping for a small profit and then regret it later. In my case, what is more is that what I hold is dumped and what I sell is pumped. So now I am following the new strategy no holding just sell and cash out.
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Bombbi
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September 27, 2021, 07:40:40 AM |
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Maintaining a long-term holding is difficult. To ensure that there is sufficient financial support to meet other expenses and the money that is not invested when emergency funds are needed, to be able to analyze the market and market trends to predict the future direction of the currency, and to have enough patience to wait for profits.
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jossiel
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September 27, 2021, 09:30:52 AM |
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It’s not easy to keep patience for a long time. To someone new, it's hard to do so. But if you've been grown in time and experienced a lot of bad times in the market, you'll be more patient enough to survive. We will want to see market conditions all the time. We will always pay attention to the price of the coins we have purchased. The best way to hold it is to uninstall the APP after purchase and not pay attention to any software.
You still need to install it for monitoring the track and progress of your asset but I also do that if it's too much and there's a deep crash.
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SacriFries11
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September 27, 2021, 02:26:06 PM |
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It’s not easy to keep patience for a long time. We will want to see market conditions all the time. We will always pay attention to the price of the coins we have purchased. The best way to hold it is to uninstall the APP after purchase and not pay attention to any software.
Yes long term hold is difficult if we are monitoring the market from time to time. Continuous dump for a week will surely make us worry. But if we ignore the market and believe on the coin that we are holding, we can make the long term hold easy. My friend did it. Her small amount of bitcoin left from her earning in 2017 was still on her wallet right now. I don't know until when she will hold it but knowing the difference of btc price in 2017 and 2018, she already gained a lot.
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Alisha FR
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September 27, 2021, 03:42:37 PM |
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An excellent post to talk about, I was thinking to post like this but you did a very good job. So, i would like to tell you about holding which comes to every trader in a form of patience, the more patience in trader, the more chances will be there for profit. As i want to say that getting profit is not that easy but taking some risks. So, i would prefer the day traders to give much time to trading.
Yes, holding will come to every trader, but do they decide early on to invest? I don't think so. Every trader has a profit target, and it is not easy to get it. They have to be patient in order to get back the losses due to the dump market. But not all traders are able to be patient with this, so it is very important to have other savings for urgent needs and not to sell their assets in crypto.
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carlisle1
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September 27, 2021, 07:28:55 PM |
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It’s not easy to keep patience for a long time. We will want to see market conditions all the time. We will always pay attention to the price of the coins we have purchased. The best way to hold it is to uninstall the APP after purchase and not pay attention to any software.
Yes long term hold is difficult if we are monitoring the market from time to time. Continuous dump for a week will surely make us worry. But if we ignore the market and believe on the coin that we are holding, we can make the long term hold easy. My friend did it. Her small amount of bitcoin left from her earning in 2017 was still on her wallet right now. I don't know until when she will hold it but knowing the difference of btc price in 2017 and 2018, she already gained a lot. Good traders knows how to deal with the market cycles, before taking any decision they already created sets of plans, Making sure that they will not be affected of anything that happened around the market, they are just minding their own business waiting to how they will execute their trading position. If you have this kind of plan, you'll not going to panic since you know and understand that it will going to your favor if you know how to deal with it the right way.
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otundebis
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September 27, 2021, 07:51:44 PM |
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I think holding is not for the rich, rather, it is for those who are disciplined and know what they want. Holding is simple, just buy and actively forget what you are holding! The failure rate for traders are staggering and I once saw a data that concludes that 93% of traders perform below simple buy and hold profit strategy! If you are serious about making money in Cryptocurrency space, you must hold and literally, a little bit more longer than average holders!
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Linkineri
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September 28, 2021, 07:00:59 AM |
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Ignore the value of the coins, not the coins themselves. Consider it a collectable, similar to the Pokemon cards you used to collect when you were a kid. When necessary, relocate them to a more suitable location and provide sufficient assurance that they will not be lost. That is all there is to it. Holding gets tough if you constantly watching the market as if you're going to get rich in a week or two. Don't do that, in my opinion. Holding is named that for a reason: it's for the long haul, and it's a very long haul at that.
Check the market once or twice a month, but always stay to the timeframe you've chosen.
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RokokGudangGaram
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September 28, 2021, 07:29:44 AM |
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Yes holding indeed is not an easy thing, you know why? You keep thinking what if the price drops, what if it is the peak? should I sell it now? in simple terms, you don't have any peace in your mind if you are just holding. If that's what you feel then you are not for holding you supposed to do day trading. Holding also is a type of mid to long term investment and it will really need some patience and discipline in order to hold coins.
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