Why are you not hodling

[blackened515]

Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....

Hold can either saved up our money or make us regrets not taking a buy order. Holding a coin is under probability of 50/50 results of profits or loss. We're into the space because we want to earn money, but losing money can also frustrates our strategy, we get demotivated whenever we record losses. One key basis to reducing loss is to prevent FOMO (Fear of Missing Out) we follow the multitude to invest, not because we find good entries on the market, but because we just want to invest and not missed out on any project. Which is totally wrong, I'm not relenting on my duty as an investor in the space, always ready to take my chances.

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[Zanab247]

The major thing that is making people not to hodl BTC is financial problem, I have be finding it difficult to save small amount of money to invest in BTC so that I will be able to solve my school fees for this semester but things are very hard for me and my family financial that made me not to hodl. I believe many people are facing the Same thing too because, BTC investment is the best investment that will make someone to have rest of mind when you involve long term hodling because, it will be difficult for you to experience failure. If you have money and you have the knowledge of BTC and the price is low like the way it was low early this year, I think BTC investment will be hungry you to invest and hodl for a better future.

[Obari]

Yes that is the most common situation that occurs, but if you really want to invest you can set aside even a small amount, maybe $1/day, I think you have that amount every day for now, and if accumulated one month has $30 to invest, it doesn't have to be a large investment, small amounts are great and safer but if you do it consistently I think you will get a pretty good return in the future.

I'm not sure but I haven't  used a platform or exchange that allows us buy $1 bitcoin hence I believe you're talking about having to safe and gather the money and you'll  agree with me that there are expenses and challenges that aren't budgeted and are very necessary to solve and it might be relatively  impossible  to have such money and not solve such problem, hence I believe  it is easier for someone who is financially ok to invest than someone trying to make ends meet.

Of course it is not possible to buy $1 of bitcoin every day, it is an act of not thought, and yes there is no exchange to facilitate that, what I mean is you put aside your $1 or fiat every day and accumulate it in month, and you will find a point where $1 you collect every day for the better at the end of the month to be exchanged against bitcoin, it also depends on someone respecting the money, even a matter of pennies if you collect will get a decent amount of change money you shop.

The mindset of consistency that needs to be applied even 10$ in one month, unless you really don't want to collect it and really not want to invest, the average person thinks that investing must be in large amounts, but in my opinion, even if someone has financial circulation minimal, if he is determined he will do it.

I believe you must be confusing savings with investment, now let me clear you on this if you don't mind, the necessity to have a portfolio with hodlings irrespective  of the amount in bitcoin  is to flow with the tides, and the concept of bitcoin  nd cryptocurrency generally  is to buy low and sell high and of what essence will it be after saving your $1everyday till it gets to $30 at the end of the month when there are possibilities of bitcoin  raising to an all time high while trying to save?
I also do understand  that we have to save to invest but I don't think that principle  works very fine with buying bitcoin especially  for someone who barely have to eat a day, should I save even to starving myself because I want to invest in bitcoin?
Guess no, and that is where my point about investing in bitcoin  is more easier for people who are stable and not people struggling  to make ends meet.

[Mr.suevie]

Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....

I think you actually invested in the wrong coin which led you to that acquire that massive lost, or maybe you bought at a time when the market was already up and then the later dip now affected your portfolio. Holding is not a bad idea especially if you know exactly what you are getting into because if you are not prepared and ready you might probably just end up wasting a lot of money all in the name having an investment.

[mvdheuvel1983]

Now I want to know what really do you think is holding people back for hodling this period?
Please try to answer the poll and I hope to update the thread with result of the thread after getting enough results, possibly after the 5th page.

Not everyone is as enthusiastic about bitcoin despite investing a couple hundred of dollars in it. Holding bitcoin and having to consider whether to use it in since it doesn't have a real-life use case of it in one's surroundings may be the reason some people are not holding it. Not understanding how it works may be another reason why people are not holding. Skepticism and uncertainty may be another reason why people are not holding. Government propaganda may be another reason why people are not holding it. The government may make people believe the only use for bitcoin is to commit crime. So progovernment supporters would buy whatever they say and swallow it without caring to do their own research. These are some reasons.

[The Cryptovator]

Honestly, I haven't been a long-term Bitcoin holder. However, I have held a few alternative cryptocurrencies (alts) for an extended period. Interestingly, I didn't directly purchase these alts; rather, I acquired them through various marketing activities. My approach is to capitalize on Bitcoin's volatility rather than simply holding it without a strategy. By doing so, I aim to generate profits while keeping my Bitcoin portfolio intact, ensuring that I don't miss out on any trends.

[_BlackStar]

I chose two answers to represent someone else - it's just not me.
Some non experience users who trade don't have good budget strength and stability before starting. They want to get rich overnight - while they also absolutely do not want to lose money. This mindset makes them have fears about losing so much money and of course they won't hold onto it for the long term.

About me - I'm a holder, from day one to date. There's no doubt - I just want to get a feel for how far this bitcoin price will go after the 2024 halving.

[Bushdark]

Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....

Holding is like a gambler that is trying hard to make profits from betting. To be honest, it is nit easy to hold coins when you have financial challenge that us pulling you down. You will have no option that to go coin and use the fund to settle the problem Ion ground. Those that. An hold for as long as they want are those people that are working and having consistent inflow of money to there accounts. For those that rea sti struggling earning little, it is not easy to earn from the market. It will take extraordinary determination and sacrifice to hold coin for a longer time.

[taufik123]

-snip-

The primary need cannot be the reason you have to sell your main investment asset because the main target is still not achieved.
If you are forced to sell it then from the beginning the asset or the money used will still be needed for future needs.

But I can't forbid it, it's your right as an asset owner. The important thing is that you sell when you already have a profit.
I have also been in your position, but urgent needs such as operating costs forced me to sell some of my assets.

From various events, we can learn that financial management is very important so as not to interfere with the main investment that should be for the long term.

[blockman]

Holding is like a gambler that is trying hard to make profits from betting.

That is because the risk remains there and it's just the same as if you're gambling. But this time, you're betting on something that requires you to be patient.

To be honest, it is nit easy to hold coins when you have financial challenge that us pulling you down.

I have been there and this is true. When you've got no other option but to sell the bitcoin you're holding, it's painful honestly but it's also good at the same time because it is the one that's about to save you from that situation you're in that requires money.

[Hypnosis00]

Not holding has made me gain what i would have lost, so i just think if you already have enough thats when HODL is in the right frame, my first encounter thought me a great lesson i hodl, money that was over 2 million turned 500 hundred thousand, this was HYDRO COIN it was an airdrop token. not that HODLING is not GOOD it is but NOT me....

I think you actually invested in the wrong coin which led you to that acquire that massive lost, or maybe you bought at a time when the market was already up and then the later dip now affected your portfolio. Holding is not a bad idea especially if you know exactly what you are getting into because if you are not prepared and ready you might probably just end up wasting a lot of money all in the name having an investment.

That is the result of investing shitcoins or what we called - investing blindly. We thought that investing cheap coins will give us huge rewards and that is my experience before, and yes, I was experiencing terrible losses that I couldn't easily forget. However, we must move forward, we might fall but this is not the reason why we stop because time is certainly good as we know already what we have to do. At some point, we gonna hold but in a situation like that, we'd rather throw them and invest in another project/s.

[Poker Player]

At some point,  some persons who even participate in signature  campaigns and earn bitcoin  without having to buy directly, who should have been the most persons to have some good figures in their portfolios still aren't having any because most of them either withdraw this earnings to fiat to be able to make ends meet or withdraw it to solve some issues but whatever the case be, alot of persons aren't hodling currently now not because they are ignorant  or even procrastinating but I believe  one of the major reason is because they don't have to means to invest.

There is another reason as well. No one declares what they earn on signature campaigns. It's like being paid in bills under the table. There are people who prefer to have Bitcoin with a clear origin in the face of tax authorities and spend the one from signature campaigns. So they do hold Bitcoin, but not from the signature campaigns lest the ball get too big and they have no way to spend it or convert it to fiat without attracting the attention of the authorities.

[xSkylarx]

At some point,  some persons who even participate in signature  campaigns and earn bitcoin  without having to buy directly, who should have been the most persons to have some good figures in their portfolios still aren't having any because most of them either withdraw this earnings to fiat to be able to make ends meet or withdraw it to solve some issues but whatever the case be, alot of persons aren't hodling currently now not because they are ignorant  or even procrastinating but I believe  one of the major reason is because they don't have to means to invest.

There is another reason as well. No one declares what they earn on signature campaigns. It's like being paid in bills under the table. There are people who prefer to have Bitcoin with a clear origin in the face of tax authorities and spend the one from signature campaigns. So they do hold Bitcoin, but not from the signature campaigns lest the ball get too big and they have no way to spend it or convert it to fiat without attracting the attention of the authorities.

That is also one of the reasons for others, as let's say they are earning close to what their salaries are, but the good thing is that there is no deduction from tax, which means you own that money unless you declare it. That is also what I've noticed: they can pay for their needs using Bitcoin, which they earn from signature campaigns, which means that they really need to do it and don't have a budget for investing yet. For sure, they really want to hold Bitcoin.

[YUriy1991]

Referring to the topic you posted about "Why aren't you hodling". This talks about the abilities/needs of an individual, when he gets a reward from the results of the campaign work he has participated in. If he is Hodl, the direction is generally that the person has more spare money so that WD is not needed, because it is not important and urgent. But, if someone is Doing WD it means, that individual has certain reasons that make it done even though he knows very well this BTC is very Potential if in the HODL post after the chaos of instability for now as you mean.

[lienfaye]

Now I want to know what really do you think is holding people back for hodling this period?

I think money issue is the main reason on why people are not holding Bitcoin at this point. Aside from lack of knowledge and their fear of further dip right after they buy, money is often the hindrance on why people (who are already knowledgeable and aware of the history on how profitable it can be) can't engage themselves. Because not everyone have money (which they can afford to lose) that they can spare to invest since there are many things that needs to prioritize first.

In my case, I was able to hold a decent amount of Bitcoin with the help of the weekly pay from sig and the portion of my profit in my business. Although there are times I had to sell, but as much as possible i'm refraining myself so I can hold longer.

[Gladitorcomeback]

Now I want to know what really do you think is holding people back for hodling this period?

Other possible reason may be fear of crypto banned in any country. sometimes users want to btc but country is not in the favor of Crypto and possibility of being ban is possible in future. As far as btc hold in your own wallet then nothing to be worried but if anyone want to sell then it will create problem.

But i think the most common reason is same mentioned by many members which is financial problem. The world Crisis and inflation in many countries especially in devolping countries force people to sell their assets and most of user selling their btc holding too. Many peoples sold their long time holding btc too. I am holding some btc for future and selling other to fulfill my family need.

[irhact]

The major thing that is making people not to hodl BTC is financial problem, I have be finding it difficult to save small amount of money to invest in BTC so that I will be able to solve my school fees for this semester but things are very hard for me and my family financial that made me not to hodl. I believe many people are facing the Same thing too because, BTC investment is the best investment that will make someone to have rest of mind when you involve long term hodling because, it will be difficult for you to experience failure. If you have money and you have the knowledge of BTC and the price is low like the way it was low early this year, I think BTC investment will be hungry you to invest and hodl for a better future.

Don't neglect your school just to invest in Bitcoin, schooling is very important because it gives you knowledge and a certificate that you can use to look for job and recieve income that you can then use to invest in Bitcoin. Bitcoin investment isn't only for the rich but for every individual. To benefit you have to look for a way to invest in Bitcoin without breaking the bank, you can start with just few dollars and slowly accumulate Bitcoin as you get more spare money.

All individual has challenges but what differentiates successful people from poor people is because they didn't let those challenges stop them from investing in their future through Bitcoin investments. We have to neglect some things so we can reserve money for investment.

[Reatim]

I don't have to vote because there is no reason for me not to Hold because I kept buying
as long as there is a risking funds and that is what  I do believe and do since day one
that everytime there is some extra amount that I don't really need then instead of
using for nonsense i made sure that it will go straight to my crypto holdings.

[Nheer]

At some point,  some persons who even participate in signature  campaigns and earn bitcoin  without having to buy directly, who should have been the most persons to have some good figures in their portfolios still aren't having any because most of them either withdraw this earnings to fiat to be able to make ends meet or withdraw it to solve some issues but whatever the case be, alot of persons aren't hodling currently now not because they are ignorant  or even procrastinating but I believe  one of the major reason is because they don't have to means to invest.

Everyone on this forum is aware of bitcoin and what it may become in the future; the problem is simply a lack of funds and investment capital. No one wants to miss out on the upcoming bull run, but it is difficult to invest when you are already struggling to pay your bills and take care of personal issues. Nevertheless, I believe we all have plans for how to raise the necessary funds. You will learn that there are always problems to fix and that the money won't be enough to tackle these problems even after participating in the signature campaign and receiving payments. People that have upper hands of investing are those that have multiple jobs, more like someone who has a well paying job outside the forum and still participates in signature campaigns that way they can easily save their bitcoin earnings because they are not dependent on it.

I currently own a little amount of bitcoin, but I want to own more, so I've been intending to add even 10 dollars' worth of it each week from my signature earnings. Over time, regardless of how long it takes, the amount of bitcoin I own will grow. I don't think I'll ever be able to save, and if I don't do this and I might miss the bull run.

[Iadegbola34]

A lot of people who earn Bitcoin through campaigns or other means end up withdrawing it to cover their expenses or solve other issues. I think one of the main reasons people aren't hodling right now is simply because they don't have the money to invest.