#HODLing is not a smooth journey

[pinggoki]

Well, if you're guarding your bitcoins 24/7 then it's going to be a rough journey for you because any movement that will happen to the bitcoin is going to test your emotions and the movement is constant and will happen a lot of times. If you really believe in bitcoin then it's a smooth journey for you because you know that at the end of the day, bitcoin will be growing even if the bear season comes and that your waiting for bitcoin to grow will always be worth it. Trusting the process will make your so-called HODLing journey much smoother than you expect it to be.

[benalexis12]

Well, if you're guarding your bitcoins 24/7 then it's going to be a rough journey for you because any movement that will happen to the bitcoin is going to test your emotions and the movement is constant and will happen a lot of times. If you really believe in bitcoin then it's a smooth journey for you because you know that at the end of the day, bitcoin will be growing even if the bear season comes and that your waiting for bitcoin to grow will always be worth it. Trusting the process will make your so-called HODLing journey much smoother than you expect it to be.

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.

[red4slash]

Well, if you're guarding your bitcoins 24/7 then it's going to be a rough journey for you because any movement that will happen to the bitcoin is going to test your emotions and the movement is constant and will happen a lot of times. If you really believe in bitcoin then it's a smooth journey for you because you know that at the end of the day, bitcoin will be growing even if the bear season comes and that your waiting for bitcoin to grow will always be worth it. Trusting the process will make your so-called HODLing journey much smoother than you expect it to be.

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.

[$crypto$]

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.

Of course they will know because a holder will not be as smooth as during their long journey, of course there must be twists or other obstacles that will always come close but when someone is able to overcome with about and has a mentality of surviving in holding it is certain that he will get through it because honestly it is not easy on a long journey but seeing the prospects for bitcoin in the future is much more valuable.

Who is not happy to see the annual chart of bitcoin growing into green, I also see my portfolio growing but I don't think this is how much maybe in 1 or 2 years it will be much higher the increase in the price of bitcoin and the chart will continue to go up.

[wajik-tempe]

Well, if you're guarding your bitcoins 24/7 then it's going to be a rough journey for you because any movement that will happen to the bitcoin is going to test your emotions and the movement is constant and will happen a lot of times. If you really believe in bitcoin then it's a smooth journey for you because you know that at the end of the day, bitcoin will be growing even if the bear season comes and that your waiting for bitcoin to grow will always be worth it. Trusting the process will make your so-called HODLing journey much smoother than you expect it to be.

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

[dezoel]

I think it depends on one's financial situation and capabilities. A person who invests every last bit of their savings or money that they have will surely find it more difficult to hold and won't have a smooth journey, mainly because there can be situations where they might be compelled to sell their assets even if they don't want to because an emergency might have come and they don't have funds apart from their Bitcoin holdings and they will have to sell them all or maybe a portion of it to complete the expenses of the emergency.

However, if someone invests some money in Bitcoin and plans to hold their assets for the long term and has more money left in their local currency as savings, such a person would have a smooth holding experience because they won't have to sell their assets for anything and can easily hold for whatever amount of time they have planned for.

[TakeItEasy]

We have to choose the assets rightly, that might be some use case in the future and that will also give some useful aspects in the future throughout the project. If we only Hodl token for the future and even we don't know its utilities then it would not be better like a smart traders. Mostly trader invest in some project by the telling of others people and even they didn't have studied the project by themselves but they still buy that for long term. What do you think if he didn't have a single knowledge how would be better for him. May be it has given him some profit but can't think for a long run he will be able to hold the profit.

This think also be kept in mind that we are all related to money and in everything there is need of money so always a person should hold that money which he never needs in his daily needs other wise it will not worth.

[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.

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.

Yeah. It becomes easy when you're already there and no matter is the situation of the market, it won't be painful to you because your goal is not to look at the short term process but the long term.

The strongest hands remains the same for the long term holding because it's more encouraging to do it. The longer you're holding, the more experience and stronger emotion that you learn.

It's true that even there's a crash, you might be in red but it's not enough to put your feelings down.

[Abu-Naim]

#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?

Holding is often not for the weak or for the strong.
Holding is for people who have the financial stability and patience to resist the pressures of the crypto space's ups and downs, which frequently distain people who are holding their coins. I absolutely agree with you that many people believe holding is so simple that they can simply buy and hold their currency for the long term, not realizing that only the fortunate will be able to do so if they do not have a decent financial situation. Most people who lack strong capital do not hold for long since they may be utilizing some of the money they invested to meet their needs and other responsibilities. As a result, only those with enough money for upkeep are usually able to keep their coin if they are patient enough.

[dunfida]

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.

Of course they will know because a holder will not be as smooth as during their long journey, of course there must be twists or other obstacles that will always come close but when someone is able to overcome with about and has a mentality of surviving in holding it is certain that he will get through it because honestly it is not easy on a long journey but seeing the prospects for bitcoin in the future is much more valuable.

Who is not happy to see the annual chart of bitcoin growing into green, I also see my portfolio growing but I don't think this is how much maybe in 1 or 2 years it will be much higher the increase in the price of bitcoin and the chart will continue to go up.

If you do really have plans on holding up for long term then being that active on trying out to check from time to time about market conditions will really disrupt you or most likely will really be affecting you so bad
but if you are really that someone whose really that strong when it comes to certain conditions then checking out market condition and other related stuffs wont really be that an issue but if you do see
that it do really makes your targets a little bit dwindled just because you are actively checking out the market then it would be wise that you shouldn't really be doing this in the first place.

For me it would be understandable into those people who do really love on checking out market condition despite of a long term holder. It all matters on how you do control
yourself on such situations on which we know that not all would really be that good on doing so. Some do become that impulsive and some are really just that good on having such moderation
when it comes to risk taking factor or whatever things that correlates to it. It is really just that it wont really be that so simple on doing so.

[Bitstar_coin]

#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?

Holding is often not for the weak or for the strong.
Holding is for people who have the financial stability and patience to resist the pressures of the crypto space's ups and downs, which frequently distain people who are holding their coins. I absolutely agree with you that many people believe holding is so simple that they can simply buy and hold their currency for the long term, not realizing that only the fortunate will be able to do so if they do not have a decent financial situation. Most people who lack strong capital do not hold for long since they may be utilizing some of the money they invested to meet their needs and other responsibilities. As a result, only those with enough money for upkeep are usually able to keep their coin if they are patient enough.

Not just for those with financial stability, it goes beyond that. People are willing to keep their money long-term in a trusted investment.
Hodling btc back in 2017/18 and Hodling btc in 2020-23 is quite different.

You can agree with me that many investors with high financial status still panic sell their btc back in previous bear market than now because people are trusting btc now than before.
Can you say that the majority of those who sold their btc during the 2018 bear market were all low funds investors? Of course not. If I can recall correctly Whales where the ones dumping their btc more than small investors.

Hodling is not easy for any investor, financially sound or not. The most important factors for Hodling btc is trusting what you invest in then patience because without trusting that investment you be able to have patience.

[barisbilgili]

I think it depends on one's financial situation and capabilities. A person who invests every last bit of their savings or money that they have will surely find it more difficult to hold and won't have a smooth journey, mainly because there can be situations where they might be compelled to sell their assets even if they don't want to because an emergency might have come and they don't have funds apart from their Bitcoin holdings and they will have to sell them all or maybe a portion of it to complete the expenses of the emergency.

However, if someone invests some money in Bitcoin and plans to hold their assets for the long term and has more money left in their local currency as savings, such a person would have a smooth holding experience because they won't have to sell their assets for anything and can easily hold for whatever amount of time they have planned for.

Someone who decides to make an investment must have some preparations before they make an investment, because if they don't prepare well they will certainly have difficulties when carrying out the investment because before they get a profit they have to end the investment they made.
I agree with you, when deciding to make an investment it would be much better for us to still prepare funds for unforeseen needs so as not to disturb the investment we are making and we can wait for the profits from the investment we are making.

[Rockstarguy]

Hodling is not as easy the way people thinks, people always misunderstand it to be very smooth and this where the problem starts. But I think hodling is still simple when people understand what it is  well, when hodling is well understood their is no much expectation of gaining profit just in a short time. One of the problems people usually have when it comes to hodling is that they predict to make their profit in their own time, they really do not understand volatility that it makes the market to be unpredicted.  I'll say hodling is easy but people misunderstand it based on their on perspective.  People who really understand what hodling is don't struggle with hodling and they stick to it to the end to achieve their goals.

[AnonBitCoiner]

It depends on the person's abilities so those who are able to wait for longer timing and his finance is not effected by investing some amount for longer time without touching it then he can hold but on the other hand if person needs money and he Don't think patience as suitable option then holding for him will be very hard. Trading can give you quick earning but there is no guarantee that what will happen to the coin during next hours so when you make investment and hold your coin then how much it goes in dip it will certainly go up after years so this is the basic thing which is more beneficial with holding as compared to trading.

[bayu7adi]

The strongest hands remains the same for the long term holding because it's more encouraging to do it. The longer you're holding, the more experience and stronger emotion that you learn.

It's true that even there's a crash, you might be in red but it's not enough to put your feelings down.

It sounds like what I've experienced... when I'm not as anxious about my assets, endure a crash, and then witness the market turning green again, it feels like a new mindset, realizing how cyclical it all is. I even find it easier to control emotions that were once quite fearful.

The ability to HODL might be an evolution from the 'don't care' attitude I've adopted in recent months. Sometimes, it's essential to simply ignore negative influences to prevent them from altering the mindset we've planned since the beginning. This encourages me to stay positive continuously, even when the market is in the red,

[Fara Chan]

It depends on the person's abilities so those who are able to wait for longer timing and his finance is not effected by investing some amount for longer time without touching it then he can hold but on the other hand if person needs money and he Don't think patience as suitable option then holding for him will be very hard. Trading can give you quick earning but there is no guarantee that what will happen to the coin during next hours so when you make investment and hold your coin then how much it goes in dip it will certainly go up after years so this is the basic thing which is more beneficial with holding as compared to trading.

However, trading can still be an option to earn money at certain times, such as this year, because there are many traders who still like to enter the market to earn income, even though they are not sure of getting it in the near future. But for investment, if we look from the beginning of the year to near the end of the year like now, it is very clear that the profits that many investors can get are very good. Because investment is more suitable for those whose financial level is more independent than people who try to invest by sacrificing their needs or emergency funds.

[TimeTeller]

It depends on the person's abilities so those who are able to wait for longer timing and his finance is not effected by investing some amount for longer time without touching it then he can hold but on the other hand if person needs money and he Don't think patience as suitable option then holding for him will be very hard. Trading can give you quick earning but there is no guarantee that what will happen to the coin during next hours so when you make investment and hold your coin then how much it goes in dip it will certainly go up after years so this is the basic thing which is more beneficial with holding as compared to trading.

However, trading can still be an option to earn money at certain times, such as this year, because there are many traders who still like to enter the market to earn income, even though they are not sure of getting it in the near future. But for investment, if we look from the beginning of the year to near the end of the year like now, it is very clear that the profits that many investors can get are very good. Because investment is more suitable for those whose financial level is more independent than people who try to invest by sacrificing their needs or emergency funds.

That is very true when it comes to crypto market, not very sound decision if you will put your emergency funds into this investment.
As you don't know when will you cash out with profits, you may have the need to cash out in a tight position.
But if you can afford to wait longer and you have other funds to rely on, then, that would be your advantage as you won't feel agitated if you need the funds right away.

[darkangel11]

My view on hodling guys? I like them and they have my full support, my staff, my bow, my sword and all that
Being a hodler myself I feel a part of the movement.
Yes, It's been rough at first, but I had the luck of entering the market during the bear market. It's a bit harder for people who start their journey in a bull market, see their funds go up, dream of all the possibilities they now have and then see themselves being chewed up and spit out in the bear market. When you buy in the bear market you often enter low and only see a loss of 10-20% which is bearable, but people who bought near the top and see 70% decline must be devastated. If you're one of those people and still held during your first bear market, congratulations, you are a real baller!

So, for me it was pretty easy. I missed the bottom but bought some coins for $400 - $600 in 2014. I had a lot of bitcoin at that time and felt euphoric when we passed 1k. I thought I was so smart, did what I was supposed to do: made 100% profit and sold... And then it went all the way to 3k in a month... So yea, not smart enough. I still have some of those cheap coins. That bull market and my dumb quick exit taught me to be a hodler and aim higher. Be greedy guys, 100% profit is nothing!

[jeraldskie11]

I believe hodling can be split into two categories: those who know how to evaluate and know the market, and those who do not. Many crypto investors rush in and invest without adequate understanding because someone told them to invest in crypto to make a lot of money. As a result, what Op stated is likely true for investors that lack expertise. Those that have wisdom, on the other hand, know when to sell and when to buy again.

[batang_bitcoin]

I believe hodling can be split into two categories: those who know how to evaluate and know the market, and those who do not. Many crypto investors rush in and invest without adequate understanding because someone told them to invest in crypto to make a lot of money. As a result, what Op stated is likely true for investors that lack expertise. Those that have wisdom, on the other hand, know when to sell and when to buy again.

And those that who don't know how to evaluate the market looks smarter than those that are experimental with trading and didn't find any success on it.
There are times that the lesser efforts that we do is actually productive than of those that have been trying hard but they don't know what they're  up to in reality.
That's why if those holders just hold because somebody said so and they have obeyed, I guess they're smarter than of those that keeps on trading without knowing how to execute it properly.