#HODLing is not a smooth journey

[AicecreaME]

Hodling would not be a smooth sailing if you didn't prepare for it or if you put all your money on it and you don't have any source of income, since what you thought was you can earn everyday once you invested in Bitcoin.
To maximize your profits once you invested in Bitcoin, a long term hodling is a must, that's why you need another source of extra income therefore you would not be force to sell your bitcoin hodlings as much as possible.

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[Fivestar4everMVP]

Well, to hodl is not easy, it is just like the op said, easier said than done, I also have missed a lot of opportunities, I can remember many a times I panic sold a coin or token I was holding, due to a minor market dip, and before I know what I was doing, I came back to discover that the price of that coin or token have skyrocketed even far above the price I sold earlier, and I end up waiting for the price to come down, but unfortunately, it just keeps going up and up, and at the end of the day, I end up missing out.

This has been my experience a lot of times, but then, I've learnt, cz made it clear to us on X that if we can't hold, we can't be rich.

So holding is something we all must learn, no matter how difficult it seems it is to practice.

[ndutndut]

Of course holding is not an easy thing to practice, in theory it is easier to understand. because when holding there are definitely challenges that must be faced, especially mental and specological when looking at prices on the market, especially when the market is going down, of course this is something that is difficult to overcome. I think everyone has something like this except those who are so experienced that they keep buying and don't consider it again until their target is achieved.

Even though holding something is difficult, believe me, this strategy is the most profitable in the future for traders. If you are on a holding strategy then stick with it.

[Sayeds56]

What is your view on #Hodling Guys?

Indeed, HOLDLing onto your crypto assets for long term is like driving on a bumpy road to success. The path is far from smooth and filled with twists and turns, that challenge the patience and resolve of investors consistently. The key lies in your unwavering belief in crypto currencies, trusting that they have the future and hold potential to transform lives of those who steadily retain their digital assets throughout this challenging journey.

[Antotena]

#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

I'm not sure who deserve the credit but I know I first read something like this by a thread created by 1miau about Trade vs. HODL - avoid traps which expasiate between why you should hold and not trade because of the risk involved but your subject isn't bad as well.

Trading is for those who have the mind and are ready to be prepared for what comes after. Personally, I don't have the time to draw lines and follow everything literally news about bitcoin, so to avoid been embarrasse and missing update and not been able to trade the news, I will hold onto bitcoin and get every volatility that comes next, because even from your picture, bitcoin growth has never been liner and had never been in an incline trend, it goes up and down but when you view it at large time frame, you will see that it does have increased in price and hence the reason to hold for long term.

[Cookdata]

#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

If there is any digital currency that is stubborn and rigid, I will say it's bitcoin because I could remember vividly just last year or 1 year ago and some days when bitcoin when to below $16k, everyone were sad and panicking that bitcoin is going to repeat 2020 blood bath and it will go to $5k but look at it now, it's been stubborn to go below $35k since last month because some fundamental news are pushing it to break $40k and when that is successfully broken, next target is going to be $50k.

What are the lesson to learn from holding bitcoin? You need to be extremely patient about it, the journey is bumpy and at the same time painful but there is joy you get in the end and that's the profit you make at the end of the day when you decide to sell. It can be draining and challenging especially when the market is red everywhere but you see the green candles that were printed in October and November were worth the effort.

The amount invested is actually going to depict what you are going to make at the end of the day. Don't invest $100 and expect to get $20k in the next 5 years. That's like 5X and if bitcoin should do that from the current price, we will be discussing bitcoin to be at $100k plus which is possible and likely not possible. It's better you consider amount to invest.

[_BlackStar]

Holder knows that - obviously the journey will never be as smooth as people imagine, but the goal will be achieved when they are able to manage their psychology well. Let's look at the graph and the trend in the last year and imagine how happy the holders who still held their bitcoin were in the last year. I am one of them - I should also feel happy about what has been achieved now.

[Aanuoluwatofunmi]

Hodling would not be a smooth sailing if you didn't prepare for it or if you put all your money on it and you don't have any source of income, since what you thought was you can earn everyday once you invested in Bitcoin.
To maximize your profits once you invested in Bitcoin, a long term hodling is a must, that's why you need another source of extra income therefore you would not be force to sell your bitcoin hodlings as much as possible.

What makes holding comes in like a disappointment is that some never expect holding up to that extent, what they thought about is whenever they Invested in bitcoin, they always wish to see their own target time come to pass within a short period of time without having to wait any longer before they sell out, some also get carried away with the bear market thinking there won't be any other opportunity to experience bull again during bear market.

[DVlog]

What is your view on #Hodling Guys?

Indeed, HOLDLing onto your crypto assets for long term is like driving on a bumpy road to success. The path is far from smooth and filled with twists and turns, that challenge the patience and resolve of investors consistently. The key lies in your unwavering belief in crypto currencies, trusting that they have the future and hold potential to transform lives of those who steadily retain their digital assets throughout this challenging journey.

It depends on what you are holding for the long term. This is true for assets like bitcoin and ETH mostly. If you are planning to hold any other altcoin then you should keep in mind that most of the altcoins that have already performed very well in the previous bull season can usually not repeat the same in the next one. We have very few consistent performers in the altcoin market and most of them failed to outperform their previous seasons performances. So for long term holding we do not have too many options out their but if you are planning to do it until the upcoming bull season then pick a new project that has strong backing and narratives in the market.

[Fatunad]

#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

If there is any digital currency that is stubborn and rigid, I will say it's bitcoin because I could remember vividly just last year or 1 year ago and some days when bitcoin when to below $16k, everyone were sad and panicking that bitcoin is going to repeat 2020 blood bath and it will go to $5k but look at it now, it's been stubborn to go below $35k since last month because some fundamental news are pushing it to break $40k and when that is successfully broken, next target is going to be $50k.

What are the lesson to learn from holding bitcoin? You need to be extremely patient about it, the journey is bumpy and at the same time painful but there is joy you get in the end and that's the profit you make at the end of the day when you decide to sell. It can be draining and challenging especially when the market is red everywhere but you see the green candles that were printed in October and November were worth the effort.

The amount invested is actually going to depict what you are going to make at the end of the day. Don't invest $100 and expect to get $20k in the next 5 years. That's like 5X and if bitcoin should do that from the current price, we will be discussing bitcoin to be at $100k plus which is possible and likely not possible. It's better you consider amount to invest.

Whenever that extreme bearish situation then making out further step or buying decision would really be the toughest thing that you would be able to consider on this kind of time.  

You would really be coming into a point that you would really be boggling whether you should be buying or having some entry point or you should wait further? These are the main
questions that you do have in mind considering that the market is really that truly unpredcitable and there's no way that we could be able to know on where it would be going or heading.
As a human being then it would be normal that you would really be that impulsive when it comes to market situations or conditions.

We would really be liking to have a smooth sail ride but on the time that you are really that able to experience the harshness of this market
then you would definitely be able to realize on what are the things that you must do.

[JoyMarsha]

Yes, I agree with the fact that it takes a whole lot of emotional and mental strength to hodl onto something that you don't its future price tomorrow. It will be a rigorous process for someone who doesn't have a regular paying job or hustle to achieve in doing.

Many would agree that hodling bitcoin for long surely pays off but life emergency wouldn't allow them to succeed in doing that. They end up selling their bitcoin before time.

I think, for individuals who understand the potential of hodling bitcoin for long and upon that have a good-paying job or a side hustle, it will not be too challenging to hodl bitcoin in the long term because he or she would believe that the storm hovering around bitcoin during its bearish market won't be forever, that bull run will come someday(the way we are expecting it to happen next year, months after the halving season)

[ajiz138]

Hold Or trading is actually each person's preference, they can choose one or both depending on how their abilities are.
If you have the ability or knowledge of trading good technical and fundamental analysis, trading may provide faster profits,
but the risk is indeed greater because the level of stress in trading will be greater.

Yeah everyone has their favorite things including trading, but I myself am not good enough for trading because I haven't done it for a long time except for occasionally it's not long and doesn't require more what is needed in trading.
Therefore I avoid trading so that there is no greater pressure including from stress when experiencing losses.

Can Hold make you lose?
Of course, it can depend on how someone does the Holding correctly or not.
If he holds a Crypto Coin that has good potential, he will benefit from the rise that occurs,
but if the coin being held is an obscure coin and even has no volume, it will give a loss.
And the failure of the Holding is also due to lack of patience in holding back long-term.

HODL will not lose if you do not sell until the target goal, I would not consider HODL on other altcoins it has no recommendation especially with low volume it should be avoided because it is not worth HODL.
That's the most important thing patience must be tested more in the middle of the road to the goal, if someone does not have patience then of course they will sell it because of panic or what makes them afraid of losing.

[Russlenat]

Someone who wants to hold for long like me don't have to think of how smooth or not it is. Because the problem goes on our way and it comes at any time that we're not thinking of. The journey of everyone won't be definitely smooth because we're all investors and we're aware of how the volatility of Bitcoin in nature and it sucks when we invest and we're not even aware of it which applies to the newbies. But by the time that you're seeing the result of your holding is growing, you will forget all of those lonely and FUD days on this market because you're only looking forward for that day of making a profit.

As long as you are on an investment, whether its short term or long term hodling, there will always be some risks that will make your investment quite challenging. And long term hodling creates a real challenge for us, most especially if we are not aware that we are hodling such coins that are highly volatile and are very uncertain. One day the price is good, the next day it comes to its worst, so it's really not easy to stay hodling particularly if you set your coins to 5-10 years maximum hodling.

Creating a long term plan does not even guarantee that you will succeed on long term hodling. But I say patience is the key. As long as you know the essence of patience and you understand how those coins work in the market, then long term hodling would be quite easy to manage.

[gunhell16]

Hodling would not be a smooth sailing if you didn't prepare for it or if you put all your money on it and you don't have any source of income, since what you thought was you can earn everyday once you invested in Bitcoin.
To maximize your profits once you invested in Bitcoin, a long term hodling is a must, that's why you need another source of extra income therefore you would not be force to sell your bitcoin hodlings as much as possible.

If you believe that Bitcoin is a good long-term investment but you only have one source of income right now, you cannot make Bitcoin a long-term investment because you have to start with a short-term one.

Because it is better that you have more than two sources of income so that you can make a long-term investment so that you can hold Bitcoin for a long time, so that while you wait a long time for Bitcoin to be sold, there is another source of income for you to sustain your other needs.

[Mpamaegbu]

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.

You may be right in this regard, considering that we're referring to hodling Bitcoin here. On the long run, its most likely to pay off than trading. However, it's more enjoyable an experience to hodl Bitcoin from a year to its halving through to its post halving year and then sell off after that to rebuy during the bear season. Those who hodl all through the circle don't make as much profit from the exercise as those who hodl with precision as I suggested. As for trading, we know there are just very few who are profitable from it. Many who engage in trading only give back funds to the market.

[Captain Corporate]

It never was, I have been a person who has held for nearly a decade now, but you know what happens? Life happens so you sell, and then you start to buy again, and then another thing happens. Just two years ago there was a sickness in the family, I sold all my money, which wasn't that bad considering 2 years ago was a good time to sell, the price wasn't that bad, I made some profit, and then sold it and paid for hospital and medical bills, saved for years, then another, and then another, then another. Life will throw all kinds of stuff at you, for me it was hospital bills, for you it could be something else. I have nearly zero now, not because I am incapable of holding, but because I have to pay the medical bill, what could I do...

[livingfree]

That's a known meme that I've seen before about "your plan and God's plan".

But speaking of holding, we have various experience if it's about it. It's easy for me and to some that have dealt with so much difficulty in different investments and assets that are also as volatile as Bitcoin.

While for the beginners, it's going to be looking like that they're hard at all because they lack experience on it.

If we're going to compare holding and trading, it's obviously harder to trade. And from there, you choose what's hard for you.

[Silberman]

That's a known meme that I've seen before about "your plan and God's plan".

But speaking of holding, we have various experience if it's about it. It's easy for me and to some that have dealt with so much difficulty in different investments and assets that are also as volatile as Bitcoin.

While for the beginners, it's going to be looking like that they're hard at all because they lack experience on it.

If we're going to compare holding and trading, it's obviously harder to trade. And from there, you choose what's hard for you.

Holding definitely gets easier the more time you do it, not only because you learn a lot along the way which allows you to take better decisions and to not be as easily influenced by the market and it movements, but also because as the price of your assets goes up, a big correction or even a crash is not enough to put you in the red, and when you know that no matter what the market throws at your direction you can still make money, then at that point holding your coins becomes way easier.

[slapper]

Many people have had similar experiences in the early days of crypto, when people have to move quickly when the market changes. However, you're right - learning and strengthening are crucial. Over time, investors learn to keep cool throughout market swings. Watching drops and increases is emotional, but part of the adventure. Mastering this might be as crucial as knowing the market. HODLing is based on the idea that cryptocurrencies will appreciate. It's about seeing past short-term changes. History shows market cycles. They rise and fall. Those that survived the hurricane can profit greatly. You must understand market patterns, trust technology, and join a movement that could alter money management.

[bluebit25]

Sometimes it's ironic that when the game is our own control, the result is still failure and only a few receive great results. The game of knowledge, experience, application, creativity,... brings differences to investors in every space. It can be easy to plan any holding strategy, but operational errors cause the initial investment to always end sooner than the proposed goals.
I think perhaps not being able to control ourselves makes us easily susceptible to external factors like news, especially now when it's easy to find information without censorship, causing many people to be biased in terms of content, so that journey is an experience that is not shared by anyone. Each of us will have different experiences.