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Author Topic: #HODLing is not a smooth journey  (Read 1702 times)
junder
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December 03, 2023, 08:01:59 AM
 #161

I still think that #HODLing is much better than trading. This has happened several times where we have seen the price of BTC go up, then go down and then go up several times. When that happens I often regret that I would have preferred to trade rather than hold my assets. HODLers just need extraordinary patience to reap the benefits. And it's not easy for everyone to do even though it's actually a pretty simple thing.

It's a simple thing but not everyone can do it because tremendous patience must be possessed to be able to achieve decent profits. It also has to be with discipline because if they don't do that maybe they will choose to trade like you and then regret it, that's not a problem, it's good at least you've made an effort for the future you just need to increase your patience to reap the benefits you deserve. Also be consistent with what you choose, especially if you do it half-heartedly or hesitantly, it's better not to do it.

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December 03, 2023, 09:20:30 AM
 #162

Yep  Grin only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.
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December 03, 2023, 10:57:45 AM
 #163

I still think that #HODLing is much better than trading. This has happened several times where we have seen the price of BTC go up, then go down and then go up several times. When that happens I often regret that I would have preferred to trade rather than hold my assets. HODLers just need extraordinary patience to reap the benefits. And it's not easy for everyone to do even though it's actually a pretty simple thing.

It's a simple thing but not everyone can do it because tremendous patience must be possessed to be able to achieve decent profits. It also has to be with discipline because if they don't do that maybe they will choose to trade like you and then regret it, that's not a problem, it's good at least you've made an effort for the future you just need to increase your patience to reap the benefits you deserve. Also be consistent with what you choose, especially if you do it half-heartedly or hesitantly, it's better not to do it.
Aside from having enough patience to continue to hold and be able to achieve the personal goal of making a decent profit out of our investment, knowledge and belief in this technology play a big part in this. Everyone can hold, but what makes them hold and be patient up until they get to their goal, is because they believe in this technology by having enough knowledge that this is not a kind of investment that will disappear suddenly. It's all about having a valid reason that makes it possible to continue holding.


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December 03, 2023, 05:01:15 PM
 #164

do you agree that you can just invest and not look back until you hit the target price?
Well, that is what some members are proposing, hold and never look back or look at your portfolio frequently. In essence, just hold and forget about it.

for me i still like to check my coin from time to time and see if the price went down or up i try my best to stick with my plan which is to hodl but i still don’t feel confident enough to not look at it i know it will increase steadily and i don’t need to stress myself over short fluctuations but i don’t believe that just putting money in it and not checking it is wise

The problem with this method of hodling is that it can result in loss especially if you are hodling alts in this manner. Not paying attention to your portfolio if 90% is alts is a grave mistake. Only btc and eth deserve such a level of confidence. Imagine hodling an alts that changes the smart contract or making other several changes that directly affect your bags and because of inactive the person will be faced with the possibility of losing their investment.
Hodl and be active with your investment is much better.

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December 03, 2023, 10:21:21 PM
 #165

Yep  Grin only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.
The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

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December 03, 2023, 10:35:35 PM
 #166

Certainly is not. I've been in this industry for years now and god damnit do I want to just sell all my holdings to save myself from further losses. But the greatest thing about holding is that, for the most part, staying true to your cause and just keeping on what you're in this industry for's the hardest part, and once you're past it, you're basically good and safe from there. I basically used this to my advantage and actually just detoxified myself from anything that would give me a single hint of what's going on in the market way back years ago. It even came to the point where I forgot about crypto. Eventually this all paid off cause my ignorance allowed me to not have a single urge to take out my holdings, and it all went nicely.

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December 03, 2023, 11:23:52 PM
 #167

Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.

Describing holders or holding as a situation  of suffering seem a bit strange. Bitcoin enthusiasts are always adviced to only invest what they can afford to loss and also what they can be able to hold for a long time. Anyone who does not invest wisely, for example going to invest a very huge amount that is off their budget, then they will definitely learn from the experience they will get but that doesn't mean that they will suffer for holding. Bitcoin investment is less stressful and if you have a very good knowledge about investing in Bitcoin, you will not have a bad experience at all.

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December 03, 2023, 11:46:24 PM
 #168

When you're holding, there will be alot of situations around that may warrant releasing for sale because you have just been left with no other option than to sell, this is also another reaso why it is always discouraged that we use money to invest when we cannot afford the process involved in holding the money tied down on the Investment until it's the right time to release them, i will say this that it's not about holding jist like that, we need to understand the reason for that and what comes in demand for it as well.
This is actually hard to avoid if you force yourself to invest using borrowed money or using money that will be used anytime. When unforeseen events suddenly happen, there's no left option but to sell your coins so you have no choice but to sell early, that is losing your chance for your investment to yield bigger profits. This happened always to those who are eager to invest for quick profits, not realizing that it could only lead them to an unexpected loss.

While long term hodling is proven more profitable, but the process is actually not easy but tough. The reason why a lot end up hodling for short term since long term hodling requires a lot of patience and faith to your investment, which I think novice investors mostly lacking.

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December 04, 2023, 12:01:43 AM
 #169

Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.

Describing holders or holding as a situation  of suffering seem a bit strange. Bitcoin enthusiasts are always adviced to only invest what they can afford to loss and also what they can be able to hold for a long time. Anyone who does not invest wisely, for example going to invest a very huge amount that is off their budget, then they will definitely learn from the experience they will get but that doesn't mean that they will suffer for holding. Bitcoin investment is less stressful and if you have a very good knowledge about investing in Bitcoin, you will not have a bad experience at all.

What about those who until now are still doing well in their accumulation journey if indeed the picture is true that holding is a situation of suffering? not a bit strange but I think it makes less sense, for people who have assumptions like that I think it looks like they are investing with the wrong approach as a result of not really understanding the things that exist in investment especially for all the possibilities that are very likely to occur. That's right, the idea that you said is true and maybe I think it has become a fairly common advice if we want to invest then we should use money that we can be responsible for any results, logically if there is profit there is also a loss or vice versa.

That is the first thing we must understand before finally deciding to get involved, lately I have seen quite a lot of wrong approaches taken by people, especially those who have just gotten involved, it seems that they come with the intention of getting something instantly and dreaming of becoming a millionaire so they put a large amount that they certainly cannot afford especially for the risks that are very likely to occur. On the other hand for the problem of suffering I think it comes back to themselves if they come with the wrong intention and without having any understanding of bitcoin investment then obviously they will feel suffering because the lack of knowledge creates quite a lot of pressure and worry.

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December 04, 2023, 03:10:15 AM
 #170

I still think that #HODLing is much better than trading. This has happened several times where we have seen the price of BTC go up, then go down and then go up several times. When that happens I often regret that I would have preferred to trade rather than hold my assets. HODLers just need extraordinary patience to reap the benefits. And it's not easy for everyone to do even though it's actually a pretty simple thing.

It's a simple thing but not everyone can do it because tremendous patience must be possessed to be able to achieve decent profits. It also has to be with discipline because if they don't do that maybe they will choose to trade like you and then regret it, that's not a problem, it's good at least you've made an effort for the future you just need to increase your patience to reap the benefits you deserve. Also be consistent with what you choose, especially if you do it half-heartedly or hesitantly, it's better not to do it.
Aside from having enough patience to continue to hold and be able to achieve the personal goal of making a decent profit out of our investment, knowledge and belief in this technology play a big part in this. Everyone can hold, but what makes them hold and be patient up until they get to their goal, is because they believe in this technology by having enough knowledge that this is not a kind of investment that will disappear suddenly. It's all about having a valid reason that makes it possible to continue holding.

Knowledge of technology or investment in my opinion these two have an important role, so don't be rash to separate them, I mean don't just understand one of these two things, as much as possible we must understand both of these things in order to have a good impact on the investments we make because everyone who wants to invest certainly wants the benefits of the investment they make.  Therefore it is better to understand these two things to be able to avoid losses that not everyone wants.

In my opinion, not everyone can hold back, because the nature of people is different, there is also a term "patience also has a limit" so in my opinion the best the person can hold back if his patience has run out, it can be a different story. Maybe everyone can invest if they have money, but not everyone can do it well.

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December 04, 2023, 05:36:40 AM
 #171

HODLING is always tough to execute in the long-term while it may be easy/tough in the short-term in my experience. Highest profits through HODLING are usually earned in the long-term(BTC etc).

I prefer HODLING over daytrading primarily because of low pressure etc, but I do admit that it's a lot easier said than done. It's not for the weak-hearted for sure.

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December 04, 2023, 07:50:15 AM
 #172

Yep  Grin only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.
The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.

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December 04, 2023, 06:49:57 PM
 #173

The journey is smooth for those who are just thinking abou holding. Bro welcome to reality everything is easy and possible when you thinking. But in reality when you try to do the work you have to face lot of problem. That journey is not that smoth as you are thinking. Holders have to struggle a lot for long time holding and for good investment. Everything is smooth and easy weakup and try to do in real life that will tell you how much easy and hard the work is.
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December 04, 2023, 06:57:35 PM
 #174

Yep  Grin only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.
The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.


Im saying that every holders don't have that type of mindset to hold for long and we are aware with that specially in bitcoin you can't make big and good profit without holding bitcoin for long. We all know the long term holding journey how much smooth of a holder. How many problems and what type of problem they have to suffer. Broh long term holding not made for everyone and something the person made for long time holding they can't made hold for log term. Sometimes luck also needed for long trem holding and your mindset must.
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December 04, 2023, 07:20:35 PM
 #175

Yep  Grin only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.
The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.


Im saying that every holders don't have that type of mindset to hold for long and we are aware with that specially in bitcoin you can't make big and good profit without holding bitcoin for long. We all know the long term holding journey how much smooth of a holder. How many problems and what type of problem they have to suffer. Broh long term holding not made for everyone and something the person made for long time holding they can't made hold for log term. Sometimes luck also needed for long trem holding and your mindset must.
Each person is different when it comes to patience level on which it would really be just that decisions would be made would be entirely be that basing into their own knowledge and of course it would be basing up whether they could really be able to take up some risks or not. Holding might really that sound so simple but we know that as much as possible we do really like to make some entry point as cheap as possible
or something that do talks about on the bottom. Some might be waiting up for a while but there are some people who doesnt really care on what price they had bought and since they are really that going for
long term then it doesnt really matter.

When it comes into this situation then it would be always best that you should really be that investing and dont tend to see the market events and news from time to time. Why?
It would really be just that making you that impulsive on which this might be resulting into those sudden changed up of decisons and might really be ending up
for you to make some regrets specially on the time that the market is going up.

R


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December 04, 2023, 07:49:37 PM
 #176

The pictorial representation gives clear understanding about holding. We need to understand the problems faced by people while holding, and the same can be made smooth with our experience as well as with the expectations one have upon their investment. When the focus is long term we should keep on accumulating as much possible. In between we'll experience great fluctuation in the market. The only way is to hold and most of the people who end up losing were the people who depend completely on cryptocurrency earning for their living. Our cryptocurrency investment should be kept aside from the regular earning for our life, only then we can easily move forward without experiencing big losses.

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December 05, 2023, 04:21:21 AM
 #177

Yep  Grin only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.
The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.


Im saying that every holders don't have that type of mindset to hold for long and we are aware with that specially in bitcoin you can't make big and good profit without holding bitcoin for long. We all know the long term holding journey how much smooth of a holder. How many problems and what type of problem they have to suffer. Broh long term holding not made for everyone and something the person made for long time holding they can't made hold for log term. Sometimes luck also needed for long trem holding and your mindset must.

Big profits will be generated over a long period of time, also for people who have a strong level of patience and are consistent in running it. And this is not an easy thing that can be done by everyone, but rather needs a strong belief so as not to stop in the middle of the road and let it go. The number of problems that must be faced is already a risk, if they have started they should finish it well, not by giving up halfway.
We recommend that you first learn important things related to HOLDING, because this is not a trivial thing that can be done just like that.

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December 05, 2023, 05:26:27 AM
 #178

~

If you only trade a small amount in Bitcoin, then it's 24/7. I think it will just be a waste of time that instead of doing a lot of things throughout the day, it will just be consumed by your monitoring in front of your laptop or desktop. If it's small, only earnings can be obtained.

I've tried that because, with only a 30–50 dollar daily trade in Bitcoin, the only profit I can make in 12 hours can only be 2–5 dollars, depending on the aggressiveness of its volatility.
We're talking about HODLing not trading ya git, read the topic and the post you're quoting first.

~
Now this is true, but it is not the only situation that will eventually make our Hodling journey not go smoothly, or will face a situation where we have to think hard to maintain what we have been holding on to. For example in a situation where our financial situation is completely destroyed, yes as humans good financial is the thing we want the most, but something we want does not always come to us, and when that time comes of course this becomes a problem or a challenge for us, whether we will maintain what we hold, or vice versa.
That's why early on you should learn to only invest what you can afford to lose, if you're doing that early on then you're not going to have any problem because you don't mind that you're hodling for long because you planned your investment all along. No excuses here because I make less than $200 a month in my work and I can still do some investment monthly and I never get any worries because I only invested what I didn't mind losing.
~
the key, as you rightly pointed out, is trusting the process and believing in the long-term potential of your chosen assets. While it's tempting to be swayed by the constant fluctuations and FUD, having a steadfast conviction in the underlying technology and the future of cryptocurrency can make the HODLing journey much smoother. It's a test of nerves, but those who weather the storms often find themselves on the shores of significant gains. Experience does teach us to navigate these waters more wisely
It's not a test of nerves, I've been hodling for a long time now and I've seen my bitcoins go down in half of what I've bought them, if you really trusted the process then you're not going to worry about the movement of bitcoin in short-term right?



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December 05, 2023, 02:43:47 PM
 #179

Yep  Grin only holders know the journey. Those who are investor's who hole for long time they know that how hard holding is. Maintain economy something holder faces losses. Sometimes money shortage nowdays holder faces huge problem who have not enough money but they want to invest and hold they really know the real suffering of a holder. All over that the journey is really smoth.
The path to success has never been simple, yet nobody can't attain their dreams if they are determined enough. Some people have closed their hearts and are only focused on the future they don't even care about the bear, only the bull. This is a self made decision, and those who embrace success have a story to tell. If you want to make holding money easier, there are ways to do so. If the person has other sources of income, they won't be looking at the money that has already been invested. we all know with the current economy it is crazy, but people are still holding, so the economic situation is not an excuse not to hold, because after facing the loss will you still want to sell at that rate no you wait until the time is right to make back your money and also additional profit.

If we really have a dream, of course we must have a strong determination to go through the process, by facing all the things that might sound difficult but if we ourselves are sure it can be overcome. But keep in mind also HOLDING is not an easy thing, so I don't think everyone can do it especially in the long run. Humans tend to change quickly at any time, maybe at the beginning they were sure they would be able to hold for a long time, but they could change their minds halfway through holding because the economy is currently difficult. So don't trivialize things so easily.
Many things must be understood so that we can hold for a long time, so not with a little knowledge, learn many things to be able to do long-term HOLDING. Long-term HOLDING is more profitable but not easy to do.


Im saying that every holders don't have that type of mindset to hold for long and we are aware with that specially in bitcoin you can't make big and good profit without holding bitcoin for long. We all know the long term holding journey how much smooth of a holder. How many problems and what type of problem they have to suffer. Broh long term holding not made for everyone and something the person made for long time holding they can't made hold for log term. Sometimes luck also needed for long trem holding and your mindset must.
Each person is different when it comes to patience level on which it would really be just that decisions would be made would be entirely be that basing into their own knowledge and of course it would be basing up whether they could really be able to take up some risks or not. Holding might really that sound so simple but we know that as much as possible we do really like to make some entry point as cheap as possible
or something that do talks about on the bottom. Some might be waiting up for a while but there are some people who doesnt really care on what price they had bought and since they are really that going for
long term then it doesnt really matter.

When it comes into this situation then it would be always best that you should really be that investing and dont tend to see the market events and news from time to time. Why?
It would really be just that making you that impulsive on which this might be resulting into those sudden changed up of decisons and might really be ending up
for you to make some regrets specially on the time that the market is going up.

Yes you are right the growing up market is the inspection for those who don't have dedication for holding. Those who holder here they are investing and making profit in the growing up market. But those don't have that type of mine set for holding they must see the growing up market. Not everytime people stay as like same everyone taste change. There is a lot of people who don't love to invest or don't have interest in crypto but after knowing that many maintain their livinghood by investing. So prepare your self if you try then anything can possible.
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December 05, 2023, 05:28:48 PM
 #180


What about those who until now are still doing well in their accumulation journey if indeed the picture is true that holding is a situation of suffering? not a bit strange but I think it makes less sense, for people who have assumptions like that I think it looks like they are investing with the wrong approach as a result of not really understanding the things that exist in investment especially for all the possibilities that are very likely to occur.

I understand that Bitcoin investment is a very easy and simple thing to do. You don't need like $500, $1000, or more before you can be able to invest, but there are some other investments in which you need a very fixed amount before you can be able to invest, but it's not like that in the Bitcoin space; you can invest as low as $10–$20, and Bitcoin is just like every other investment in which if you don't study how to invest correctly, you might be investing wrongly and can get choked up.

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