#HODLing is not a smooth journey

[lombok]

Yes, it isn't. Only those who think that holding is easy are probably those who have not actually ventured into it. There are some people who intended to hold their Bitcoin till the next bull run, but I can say that most of them are not holding again, either because of the volatile nature of the market or because they sold out of panic, while some people, too, might have actually sold off because they probably invested more than they could afford to hold for a long time. Just as Hatchy has also said, holding might be so uneasy, but trading Bitcoin too is very much not easy.

Boredom, panic about FUD, frustration is often felt, especially by me personally, when holding (even small investment amounts). What about other investors or holders with larger funds, I think the pressure and journey in holding is even more extreme? , this may be for the first experience, the second or third time it might feel easier because we already know about the ins and outs of long-term investment, especially regarding holding Bitcoin.

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[virasog]

What is your view on #Hodling Guys?

If i may tell you that HODLing in the current market phases is quite easy as compared to the bull market phase, will you agree? Let me tell you how.

When a person buy bitcoin and crypto, when the intention of holding it through the bear market, he can do so easily buy moving the money in the cold wallet / Hardware wallet and waiting for the price to reach the all time high again. In all these years, if the price goes even more low, he can satisfy himself that well, the prices will recover and i am here for the long term and for the HODL.

The real test begins when the bull market starts and then when the prices make new all time highs. At that time you are in profit and you are willing to sell some of your holdings but at the same time, you also fear that you may not end up selling too early and the bull market target may be much further away. I think then comes the real test of HODLing and searching for the perfect entry to sell.

[Essential10]

Patience is very important for bitcoin holdings. Because it's a long-term plan, while you're holding or investing your bitcoins, there's a chance of drastic changes in your capital. But if you are patient and hold bitcoins regularly without cheating too much, there is a possibility of getting high margins. Staying patient even after your fixed investment period has passed can be an effective move that will give you an opportunity to make a profit. It is best not to confuse the inherent profitability of a Bitcoin hold with a lot of thought and preparation. It is only an approach, not a planned action. It's just an ongoing industry. You may elect at any time to suspend a scheduled subscription or holding. Second, it provides the freedom to change, if needed.

[Bitcoin_people]

#HODLing is not a smooth journey, do you agree?
Totally agree, it is mostly easier said than done for most investors. I personally can recall the different juicy opportunities I have missed to really make it big in this space as a result of a lack of patience to HODL. Especially those early days in crypto when you barely understand the market and easily get freaked out with every FUD and market dip.
Experience is the best teacher they say and I believe the majority of us are more experienced and mature over the years of being in crypto.

What is your view on #Hodling Guys?

source

Holding is a mixed ride we all agree as there is no hassle here. Future success without trouble is only due to the power of patience, the more patience he holds, the more bitcoins he can hold. When you start trading in the market, you will have to face various types of losses along with market volatility where you may lose patience.  Because the market is not always in the same position, there are ups and downs, trading accordingly will definitely incur losses and there is a possibility of various collapses. Therefore holding is the main goal to naturally succeed and move forward in the future without facing volatility. I personally prefer to hold most of the time as it is always good and never emotional but helps to be patient. When trading, many times one has to face losses due to market volatility and then many emotions come in the mind, so many times one has to crash. Good teachers will never give advice on trading but straight forward holdings that are best for the future.

[Fiatless]

#HODLing is not a smooth journey, do you agree?
Totally agree, it is mostly easier said than done for most investors. I personally can recall the different juicy opportunities I have missed to really make it big in this space as a result of a lack of patience to HODL. Especially those early days in crypto when you barely understand the market and easily get freaked out with every FUD and market dip.
Experience is the best teacher they say and I believe the majority of us are more experienced and mature over the years of being in crypto.

What is your view on #Hodling Guys?

source

We came into the crypto space with so much expectations. Some of us were not given the right information so we thought investing in crypto would make us rich overnight. After sometime it became clear that the sector is not a get-rich-quick scheme and like other solid forms of investment it has risks and requires patience and bravery. The journey of hodling in getting to the level of making a profit is not easy because the media is filled with news that spreads FUD. And lack of understanding of the market will make you miss uncommon opportunities to make a profit because may sell your hodling below target due to FUD.

But as one begins to understand the market, hodling becomes more easier because you have understood the basics of investment. We have to invest what we can live without and having a good emergency fund is an important advice every investor should know. Investing what you can afford to live without will make you to be patient while having emergency funds will be of help when you are faced with unpredictable problems without tampering with your investment.

[Poker Player]

If your HODLing Bitcoin is part of an overall wealth building plan where you have a good emergency fund, investments in other assets, several sources of income, and a level of consumption lower than your income that allows you to continue saving and investing, the experience is much more similar to the first image than the second. Although to more accurately reflect what I describe, it should include a few minor bumps.

[hyudien]

#HODLing is not a smooth journey, do you agree?
Totally agree, it is mostly easier said than done for most investors. I personally can recall the different juicy opportunities I have missed to really make it big in this space as a result of a lack of patience to HODL. Especially those early days in crypto when you barely understand the market and easily get freaked out with every FUD and market dip.
Experience is the best teacher they say and I believe the majority of us are more experienced and mature over the years of being in crypto.

What is your view on #Hodling Guys?

1000% agree, as someone who continues to advise myself every day to always adhere to the Hodl principle, it is quite tiring but this is the journey that must be taken. Moreover, I only rely on my minimum income. Surely everyone knows how the Hodl process often clashes with needs. For those who are quite stable, Hodl may not have too much difficulty as long as they still have income from different baskets.

Because the Halving holiday is coming, it's appropriate for us to be a little different because the hodlers are able to survive just for that moment. It won't be long now, just be patient for a moment

[NewRanger]

OP is absolutely right and this is in line with what you said when you first entered the market, you don't understand the market and you are easily frightened by every FUD and when there is a BTC price correction

There is always an interesting story behind Hodl's principle advice and image number 2 really represents the situation and almost everyone feels it. only those who are chosen to survive are able to do so and as stated by @hyudien it is very relevant and appropriate to current conditions.

[GigaBit]

I still believe that HOLDING is much better than trading. As you can see in the provided image, holding for the long term involves less stress and risk compared to trading, where you could potentially lose your investment.

A newbie can't start trading unless he has a good understanding of trading. But a new investor can hold only by acquiring basic knowledge. Moreover, trading is not an easy task even for those who are knowledgeable, trading is difficult. Profiting from trading is very difficult. But those who are holders should pay attention to the matter first, are you holding? If we hold long term with any alt coin other than there is no hope. Of course we have to rely on Bitcoin for holdings. There are many holders who cannot hold as required. It appears that midway they let go of their hold and they fail.

[bitLeap]

its not an easy journey when you expect to make profit at a short period of hold BTC. we all have that the same experience upon holding and then thinking it will take years for to cycle another bull market while the price keeps dipping ever week.

not easy that some sells their BTC after hearing some fud. bad news comes out and you know the price will go down. yet you on the other hand just hold while the halving is still more than a year away.  

The struggle to become a hodler is full of challenges, not just holding back. Sometimes we also need to filter out external things, such as negative issues out there that make us a little uneasy, markets that experience drastic declines over a long period of time, urgent needs that usually require us to release Bitcoin earlier than expected. targeted. Everyone completes every journey and I agree that it is not easy to be a consistent BItcoin holder.

[EarnOnVictor]

Yes, it isn't. Only those who think that holding is easy are probably those who have not actually ventured into it. There are some people who intended to hold their Bitcoin till the next bull run, but I can say that most of them are not holding again, either because of the volatile nature of the market or because they sold out of panic, while some people, too, might have actually sold off because they probably invested more than they could afford to hold for a long time. Just as Hatchy has also said, holding might be so uneasy, but trading Bitcoin too is very much not easy.

Boredom, panic about FUD, frustration is often felt, especially by me personally, when holding (even small investment amounts). What about other investors or holders with larger funds, I think the pressure and journey in holding is even more extreme? , this may be for the first experience, the second or third time it might feel easier because we already know about the ins and outs of long-term investment, especially regarding holding Bitcoin.

You guys are panicking about this because you don't have the spirit of investment in you, treat it the way you buy shares/stocks and you will thank me later.

I see no reason why you claim you are HODLing and you are still in panic, that means you do not believe in the asset you are holding, you then better not buy it. If it were to be another asset, I might say you might have your reasons for the doubt, but this is cryptocurrency, especially Bitcoin, no one should just panic about this and I always view it as free money. Do you know why? It's because my journey of investment is historical and seeing the way cryptocurrency makes everything easy where I get to make money virtually every day is different from when I started investments where another asset would make it almost impossible for you to make money if care is not taken.

But Bitcoin, to be specific, is not so. All that matters is for the investor to buy it at low prices which I believe many of you would have done, so why still doubting on an asset with so many prospects? Perhaps you are buying it with the amount you can't afford to lose, which is against the right rule of investment.

Even if you were not able to buy it at a low price, you are advised to continue to DCA so that you do not miss out but rather invest wisely. Bitcoin for instance has found itself in the mainstream of the financial market, nothing to worry about and I advise anyone holding such an asset to stop looking at their wallet to avoid emotions. If it's a short-term investment, then it's a different thing, but where HODLing is being mentioned you need to prepare your mind for far future outcomes in the longest term possible, that's the spirit.

[crwth]

It would vary either way. For the straight line, it's more of a "You won't care what happens, you would just continue to HODL"
The second one, it's how you feel when you are monitoring the market continuously and you want to take advantage of all the possibilities that you have towards your HODLings.

This is my view and it comes with maturity. It's best that you just continue to HODL and you can make it long-term.

[Promocodeudo]

Being patient in life is not an easy thing, even though the storm comes you stood your ground and continue to stand fame, I have come to understand that, for anyone to be successful in this life you have to go through one storm or the other, this storm comes in different ways, we know that hodling is one of the major step a bitcoiner has to take in other to taste his patience, hodling does not make you a successful bitcoiner, we hold because of the uncertainty of the market force, you might wake to see changes like increase in price which is profit to a hlodler, most time if doesn't work according to plans it doesn't mean that you should stop hodling,  but the truth is that, the journey is not easy but what can we do.

[angrybirdy]

It would vary either way. For the straight line, it's more of a "You won't care what happens, you would just continue to HODL"
The second one, it's how you feel when you are monitoring the market continuously and you want to take advantage of all the possibilities that you have towards your HODLings.

This is my view and it comes with maturity. It's best that you just continue to HODL and you can make it long-term.

Exactly! That's how I see the presentation mentioned above. When it comes to Hodling, It's not like "I'll leave my money there and wait for it's value to increase" because you have to check what's going on in the market and you need to visualized and you need to think carefully about when you intend to sell it, and about hodling, it shown a long term growth potential, Hodlers can keep more money invested and increase the chance to grow their capital much faster if the value of the cryptocurrency keeps rising

[BABY SHOES]

HODLing is not a smooth ride? I guess that's how every journey will definitely find obstacles but with HODL it will be much smoother than trading full of risks you will not reach a certain point if it is not your field of expertise while in HODL you just need to practice a little patience from any news that is important, one more thing never rely on investment for a need you still have to have other sources so that your HODL btc is not covered for a long time that you plan.

I have tried HODL now, I want to know how the journey is, because I have prepared everything including from the emergency fund for urgent needs in the middle of the road so I will not hold BTC that is being HODL.
By the way, wouldn't this thread be more appropriate on the speculation board rather than the economics thread?

[kingvirtus09]

I still believe that HOLDING is much better than trading. As you can see in the provided image, holding for the long term involves less stress and risk compared to trading, where you could potentially lose your investment. Successful holders outnumber successful traders. However, it doesn't mean holding is without challenges. During the holding period, an impatient investor might sell, fearing the price might drop further or gotten to it's ATH. It requires emotional strength and avoiding FOMO (fear of missing out) to hold for a long time. Every investment plan has its downsides, but it's essential to choose one with a lower chance of loss and a higher chance of making profits.

That's more like it.
People think that they can get ahead of the competition by buying altcoins or trading, while in reality it's only a rat race to the bottom. In most cases markets will be manipulated just enough to shake off most sats of people in risky positions. Rinse and repeat, it's just like gambling. Trying to win back your losses will lead you to owning nothing.
Don't trust the charts, don't trust anyone's analysis. They all get burned in the end. It's just BTC that survives in the long run and those that hold doing nothing more earn the most.

I'm good with this; if you're a long-term holder, you won't be harmed by whatever occurs in the market, as long as you have a deadline for when or how many years you'll hold it, say 5-10 years, and then you just sell it when that time comes.

However, if you are a short-term holding, you are a short-term trader, which implies you will face multiple failures and losses. In short, making a large profit will not be easy because it demands a thorough understanding of crypto trading.

[alastantiger]

I still believe that HOLDING is much better than trading. As you can see in the provided image, holding for the long term involves less stress and risk compared to trading, where you could potentially lose your investment. Successful holders outnumber successful traders. However, it doesn't mean holding is without challenges. During the holding period, an impatient investor might sell, fearing the price might drop further or gotten to it's ATH. It requires emotional strength and avoiding FOMO (fear of missing out) to hold for a long time. Every investment plan has its downsides, but it's essential to choose one with a lower chance of loss and a higher chance of making profits.

Quite true what you said.
If can't trade, you hold. The thing about holding I believe is a mindset thing. Simple. You make up your mind to hold but it is not easy. I have had pockets of emergency in the past that I have to take out some of the bitcoins I have been hold to fix things up.

For some individuals it is not even about emotions or FOMO, It is just something that was just unavoidable that forces them to sell and restart all over again.

[rojan]

Exactly! That's how I see the presentation mentioned above. When it comes to Hodling, It's not like "I'll leave my money there and wait for it's value to increase" because you have to check what's going on in the market and you need to visualized and you need to think carefully about when you intend to sell it, and about hodling, it shown a long term growth potential, Hodlers can keep more money invested and increase the chance to grow their capital much faster if the value of the cryptocurrency keeps rising

If you invest in the right coin and hold it, there is a chance of making a profit. If you make a wrong decision and wait for years to invest in the wrong coin, there will never be a chance of making a profit.  There are more. Profit loss depends on the market condition. If the market condition is bad, you can never be disappointed.

[JunaidAzizi]

What is your view on #Hodling Guys?

Well, holding and trading are two different methods and depend on the well of each person. Some people do trading because they want an active, quick profit while in trading, the one who likes it does not want a quick, and small profit. In both methods, investment is required but they are different from each other based on time. Holding is a long-term investment and trading is a short-term term but if talk about the risk then in trading the risk is higher as compared to holding because In Trading the market can fluctuate at every second and as it is a short-term investment then the fear of losing funds is high. People who say that holding is smooth have their views about it but I think holding is smooth if you compare it to the trading but if you consider it separately then it also involves high risks.

[ajiz138]

It's not easy actually to HODL but you have to know how because after all this is the best way compared to trading, maybe some agree that HODL is better because there are no bigger obstacles than trading, you just have to be patient, not too consumed by FUD, don't look at the market too often then maybe you can reach your HODL goal.

Until now for me HODL is an efficient way to make money from investment by HODL way even if they rely on trading then it will be much more complicated, unless you are a professional but still the loss in trading is much greater than HODL when you don't sell you won't lose.

#Stay HODL.