Digital asset is for holding

[dbc23]

Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

[hyudien]

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

The different characteristics of each investor make us unable to generalize that they should do this or they should do that. Due to the fact that the cycle of price movement is also influenced by the mentality of different people. Among them are those who are strong enough to hold on and those who can't stand it then immediately relinquish ownership. In terms of financial management, of course, finances must continue to move in line with price movements from time to time. Therefore, we often find speculators who have the principle of being long-term traders and short-term traders.

With the phenomenon of cases like this, we can be in between the two as a counterweight. As you said hold and wait. They are not much different, they follow cycles and the market provides an opening for every decision taken.

[jrrsparkles]

Many people starts investing without realizing what it is actually, some think that they can make quick profits which may happen but not consistently so whatever we are going to investment it will give more returns in long run. For people who are looking for short term they can invest on some specific sectors like new startups and really having the potential to grow but more riskier than the established long term company or assets.

[crwth]

I think what hinders us or affects our decisions is that you can trade your assets quickly, and the thought of it being sold continuously is enticing rather than just holding. Sure, there would be people who would be adept at what they are going to do, like trading and some would be better off just holding, which is not that hard. For the holding part, I think having the capacity to have a hardware wallet is crucial if you want to be better and have secure digital assets.

[fiulpro]

Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

If we talk about ancient investments:
For a country like India, investments were straight away taken equivalent to the amount of gold one might possess or the amount of land one has, therefore most of the times the women of the house accumulated their gold jewelry and showcased them in the society, that is what people took for being rich. It slowly became part of their culture as well and even now, most people still are hung up on them.
There Are people as well who took it a step further and started lending money to the people based on their lands, most of the times they would even seize it as well, that's how rich people converted their wealth and doubled it. Now these lands and gold accumulated passed down the family tree and gave a security to the future generation.

Now for us it's an opportunity to grow, cryptocurrencies allows us to invest without any minimum balance which is a way for us to earn a bit !! That's why many people are getting rich through Altcoins and bitcoins as well, quite a new concept tho.

[noorman0]

How far have you explored the crypto space?
There are several crypto business methods that can also earn on a regular basis such as loans, farming, exchanging services, etc. The function of digital assets has expanded to various sectors of human business needs. If you live in a country that is crypto legal, then you will get all business easier.
People are just waiting for their government's positive decision. When that happens, all crypto-based businesses around the world will explode and everyone will have the opportunity to start their own business.

[Coyster]

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

Mind you that even as a business man or woman, you do not immediately start to make profits after setting up your business, in the normal sense of things, you must have spent funds before being able to start a business, thus when you kick off, the funds you actually earn at that point in time is actually what was spent to set up the business, profits can be said to be on the table when you have covered up your capital spent in setting up your business.

Having said that, whatever one does that pertains to business, investment, etc, it requires patience and time, but I'm afraid, it's not actually every asset that is worth hodling for the long period, like for example, in crypto, altcoins aren't long term investment, if you hold them for too long, there are chances you'll make zero returns as they could dump on you, thus what I'm saying is, even in the 'hodling/patience game', you must make sure it's an asset with a use case, something that's sustainable for the long period, then you can be rest assured you're holding something worth, but if it isn't, then do well to sell the moment you get good ROI.

[pinggoki]

Probably because some people don't aim for the long-term or doesn't have a long-term plan and they see that the volatile nature of the market can probably be exploited in a short-term basis so they pull out once in a while to get some profits then get back in the market when the opportunity arises. In short, some people just wants to live dangerously.

[cabron]

One will be tempted to sell even when they have the money. It'd be an opportunity for someone who holds a bag to sell while the price is at ATH so the reason why we can't hold particularly to those who don't buy back and it's more of a loss in the end.

Cryptocurrencies are the new assets of the future one should just deeply think of it that prices will go high and they could transfer the assets to thier kin in the future and it's still going to be good.

[Silberman]

Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

The answer to that is simple, people overestimate their own capabilities, they think they have what it is necessary to become a good investors and as such they come to this market thinking they will be able to hold their coins without any problem, and in fact it is not entirely their fault as it is very easy to hold your coins when the bull market is strong, however when the bear market comes that is when you can tell apart the good investors from the bad, unfortunately all of those people that did not had what it is necessary will lose their capital, but that is just a natural outcome in any market.

[pieppiep]

They want to make money in the short term but don't ready if they hold for the long term. They become desperate in the waiting time when they don't see the coin price is not rise from their target so they slowly become panic and in the end, they sell the coins at any low price. But if they have the knowledge and understand that investing in crypto needs time, they will try to hold it, no matter if that is hard but they know that they only use the money they can afford. They never try to invest in a big-money if they think they can not face the risk.

[Oceat]

Probably one of the reason why they tend to sell early is because they are not planning to invest and wait long. They like to make a quick profit just like what we always tell them Bitcoin investment is not for get-rich-quick or an easy way to earn money. If that's how simple life would be, we aren't struggling everyday to go to work in order to live and eat a delicious meal.

Most people would think that because Bitcoin is too volatile we have to make a quick profit before it goes down. They have less knowledge of the market if that's what they think when investing in Bitcoin. Hodl is one of the good strategy when investing to maximize the profit in long-term investment.

[Gozie51]

The real challenge of hodling is not to know when to sell and this cause investors to sell too early. Hodling on the long run is profitable but it requires a lot of patience and believe to see it through . Really it is painful to wait for a level for selling while the price keeps dropping like it is happening currently 

[Upgrade00]

Every asset has a use case which makes it valuable and attracts investors to it. Hodling is useful in benefiting from the speculative value of an asset, but no asset would grow if it is not used and if everyone who holds bitcoin simply hodls it, it would not have any utility.

This is one of the reasons businesses go public; The founders could simply hold all the shares and build the project, but going public and distributing the shares helps it raise funds and increase awareness about the product.
Every transaction is useful in building the bitcoin network.

[Vaculin]

The real challenge of hodling is not to know when to sell and this cause investors to sell too early. Hodling on the long run is profitable but it requires a lot of patience and believe to see it through . Really it is painful to wait for a level for selling while the price keeps dropping like it is happening currently 

If your aim is to hold your coins, then you should prepare yourself not to be easily affected by those temporary price dumps, otherwise you'll see yourself in panic selling that will result into huge losses. I believe the only key to hold your coins successfully is to have a positive mindset and definitely a long stretch of patience. And of course, you will never be hodling your coins if you never have plans to sell them in the future, so at least have a concrete plan when to sell them at your most desired profitable price.

[Gozie51]

so at least have a concrete plan when to sell them at your most desired profitable price.

Fear is not the only reason that people sell what they hodl but at times financial challenges come calling and when you don't have any option, you sell to safe yourself and by then you have changed your plan of hodling for long. When you have your coin in your wallet, it is not easy not to sell in front of financial challenges because it is not like if you have made a fixed savings for a particular time with the bank as fixed deposit that won't be collected until the duration for collection.

[judaspriest]

The real challenge of hodling is not to know when to sell and this cause investors to sell too early. Hodling on the long run is profitable but it requires a lot of patience and believe to see it through . Really it is painful to wait for a level for selling while the price keeps dropping like it is happening currently 

Holding does not mean doing nothing but we also keep abreast of market movements and developments to determine when it is the right time to sell,
indeed in terms of holding patience has an important role and of course it is not easy

[omone1]

Holders are majorly  the most rewarded investors in this space. Imagine the people that bought shiba earlier this year without selling till ATH, well they could as well be on retirement. I saw massive profit forgetting some coins in my private wallet, knowing when to take profit maters too.

[lienfaye]

The real challenge of hodling is not to know when to sell and this cause investors to sell too early. Hodling on the long run is profitable but it requires a lot of patience and believe to see it through . Really it is painful to wait for a level for selling while the price keeps dropping like it is happening currently 

Thats why its important to prepare ourselves for the possible consequences before investing our money. We cant expect to gain for a short period since there's no specific timeframe on we can see the result of our investment.

Holding requires patience in order to avoid selling at the wrong time or be influence by those panic sellers. Be firm on your goal and stick to it dont let yourselves become affected of the temporary price decrease.

[Wexnident]

It's because hodling is not the only type of trading/investment strategy one can do. There are probably various factors involved when choosing what strategy to use when trading such as time, capital, etc, and those should influence what you're able to do imo. Ofc, holding is still an important part even when it comes to shorting and other types of trading, but as I said, they'd probably found some other ways to actually profit even without holding for that long like others, or that they're just better at it than holding (better at making profits that is).