#HODLing is not a smooth journey

[nara1892]

Investing is an easy step for an investor but holding that investment is very challenging for an investor. An investor usually goes through various challenges in holding the investment and there are many situations when the investor is forced to sell his investment even if he does not want to. After investing it is seen that an investor may face financial crisis when that investor has no choice but to sell his investment. But those who can hold on to the investment despite taking on so many challenges are truly true investors. There are bound to be hurdles in retaining investment and we have to cross those hurdles and retain our investment though the road is very tough but if we can cross the tough road then surely we will get good from investment.

That is why you must make careful considerations in various aspects before you get involved in investing, I think all people or investors will never avoid challenging conditions that force them to sell their investment assets, but on the other hand there are those who succeed and those who fail, the question is why they can succeed? One of the reasons that I think is quite reasonable is that they come with full consideration, thinking from the start about what can happen later even though not all future conditions can be predicted, but the main thing that should be a concern is that you try to put an amount that will not be disturbed by other needs in the future.

By putting money that is less likely to be used then I think you will not sell your investment assets when the situation is really urgent, and also make some budgets or that means not to allocate all your money to investments, keep some in your other savings as a fund for urgent situations in the future, with that then I think you will not sell your investment assets that you have long maintained just because of urgent situations like that. And the other thing for the obstacle problem about your concerns regarding the surprising market I think it will come back to the knowledge you have, if you come without having any understanding of the world of bitcoin along with some positive potentials then I think it will also make you make improper sales.

[dunfida]

Yes, i felt badly to holding Bitcoin and altcoins. After my investment my portfolio is gradually reducing. But i was panic when i see my initial balance dropped 20% even after long term holding but on the other side i need money, i sold my coins and loses -20%. I realized in the several times holding isn't an easy job, need to hold extra money which i don't need it at anytime.

This is why it would be important that you should really invest on the amount which you can afford to lose, never ever make yourself do make out some investment which are intended for emergency or savings purposes
because on the time that you would really be needing those funds then this is the time you would really be accepting even if its on loss or negative which it is never been that good at all, but since you dont really have any options then you would be accepting it even if it against your liking. This is why you should make yourself that realize or get prepared that this market is never been that predictable. You would be needing to hold up for long term on the time that you will be experiencing some negative and if you are in need? then what would you do next?

Holding is never been a smooth journey specially if you are investing on the money on which you cant afford to lose or simply with your savings then you will really be that
impulsive in every movement that the market do make out some big movement.

[YUriy1991]

In my opinion, holding is best strategy to invest in Bitcoin because this journey could be non smooth but you should invest in long team and if someone is investing for a couple of years ,he would get a good chance to enhance his wealth. Trading is very very risky than holding and if someone is Bitcoin investor and he is Bitcoin trader ,he will face many risks daily. But if someone is Bitcoin holder ,he will see the market  situation and then he will act against the market. The main purpose for investment in Bitcoin is to be rich person in society and holding will make a Rich person to anybody.

Yes. For BTC supporters, Buy and Hold takes a long-term view. So, this first step is a very big step towards what I see as a growing market and At least that is why someone would stick with 1 BTC until now for easy explanation purposes of course. Bitcoin, technical analysis will most likely be the basis of the approach and always be the basis of your trading approach.

[JayTrain]

For me it’s the other way around, I missed the chance to sell a coin on the highs, which would have brought me a huge amount, but I hoped that the project would continue to grow, in the end my investments went down minus 90% and I’ve already been waiting for about two years, but TVL is still  very far.  My advice: do not miss the opportunity to lock in your profits.

[terrific]

For me it’s the other way around, I missed the chance to sell a coin on the highs, which would have brought me a huge amount, but I hoped that the project would continue to grow, in the end my investments went down minus 90% and I’ve already been waiting for about two years, but TVL is still  very far. 

That's a lot of paper losses that you've got and you're not alone with that because I've got some altcoins that I've gone near to that percentage.
But that's fine because I have diversified my portfolio into several cryptos and mostly have it on Bitcoin and that has made me felt secure by doing so.

My advice: do not miss the opportunity to lock in your profits.

I reckon, learn from everyone's mistake. 

[2girls]

The more we want to earn at this time would be only through the day trades. Mostly now a days we didn't recognized the move of the bitcoin so traders can also take benefits through the day trade.

But most of the traders have hold their funds for the future and this is not that wrong but It will take some time to take these traders their benefits which are also on the the charge.

Allowing the traders for day trade would be better at this stage even every coin is pumping. But some of them got too much hype even we want to see them at dip and buy them in its dip.

[Yatsan]

For me it’s the other way around, I missed the chance to sell a coin on the highs, which would have brought me a huge amount, but I hoped that the project would continue to grow, in the end my investments went down minus 90% and I’ve already been waiting for about two years, but TVL is still  very far.  My advice: do not miss the opportunity to lock in your profits.

Maybe it is a bit of greed given that you're aware of how big the profit already was and you still chose to hold. Your cited experience also support the title which is referring to struggles of holding. From big profit to huge loss. If you picked the right project then you shouldn't be hopeless right now even for a bad market situation from the previous all time high. Think of those people who bought early and still earning at this point; althroughout they encountered loss, then profit, the loss, then profit. If it is long term holding they you shouldnt mind monthly price  ceilings and focus only with annual growth in its price. Things won't happen in an instant so if you are in regret then you should have picked the easier catch.

[Marvell1]

For me it’s the other way around, I missed the chance to sell a coin on the highs, which would have brought me a huge amount, but I hoped that the project would continue to grow, in the end my investments went down minus 90% and I’ve already been waiting for about two years, but TVL is still  very far.  My advice: do not miss the opportunity to lock in your profits.

Maybe it is a bit of greed given that you're aware of how big the profit already was and you still chose to hold. Your cited experience also support the title which is referring to struggles of holding. From big profit to huge loss. If you picked the right project then you shouldn't be hopeless right now even for a bad market situation from the previous all time high. Think of those people who bought early and still earning at this point; althroughout they encountered loss, then profit, the loss, then profit. If it is long term holding they you shouldnt mind monthly price  ceilings and focus only with annual growth in its price. Things won't happen in an instant so if you are in regret then you should have picked the easier catch.

We all know that the cryptocurrency market is very volatile, it can fall by 90% or 100%, but then it can also recover and increase by several thousand percent, but the most important thing is the quality of the project. You're right, if he chooses the right project, the 90% decrease in value will only be temporary for a short time, there's nothing to worry about, everything will soon recover when the bear season ends and the bull season comes.

I also have some coins that lost more than 80% of their value when the bear season hit but according to my observations, those projects are still diligently building even during this bear season. Therefore, I am very confident in continuing to hold them without having to think about cut loss or giving them up.

[dezoel]

But holding enough for the first time crypto users because they have less experience in crypto, due to which they do not understand trading mining, so without understanding it is not possible to do anything from crypto. A friend of mine first came to crypto and he bought and collected bitcoin but also he is always practicing trading so that he can make good profit in future. I never advise him to invest but i always give him ideas about crypto which I think is really appreciated.

Trading is only difficult if a person doesn't have a mind that can grasp ideas or someone who doesn't have much knowledge about technology and online stuff and has just recently started using Bitcoin and cryptocurrencies after joining the internet a short while ago. There are people who are usually away from technology and such things, they might have mobile phones or computers but they don't know much about them or know how they can use things, get into technical aspects, or even learn things themselves by exploring.

If that isn't the case, the person should be able to learn about trading and trading practices after a while if they dedicate some time and put in some effort. All it needs is focus and a basic understanding of the things which isn't easy to get for someone who is a learner and loves exploring things and learning new experiences.

[NewRanger]

For me it’s the other way around, I missed the chance to sell a coin on the highs, which would have brought me a huge amount, but I hoped that the project would continue to grow, in the end my investments went down minus 90% and I’ve already been waiting for about two years, but TVL is still  very far.  My advice: do not miss the opportunity to lock in your profits.

BTC's critical period may have passed after taking a hit some time ago and now it may just be a matter of waiting for the price to reverse upwards but all possibilities can still happen in this money market.

For those who have bought BTC some time ago, even though the OP said HODLing is not a smooth journey, it really provides an opportunity if it hasn't come out until they are ready to sell it at a price they consider appropriate.

[Suzume]

Life of holder's is not easy. They have to defend many life problem specially if the belong from middle class family and their earnings is not good enough to live then they faces a lot of problem for holding in life. But now day's the problem is rare because maximum time the hold that amount of mone thy can maintain. That money not need for them and they making savings they just invest that amount if money that they can afford. That's make the journey easy but they are always in tension because they don't want to face loss.

[Inwestour]

Trading is only difficult if a person doesn't have a mind that can grasp ideas or someone who doesn't have much knowledge about technology and online stuff and has just recently started using Bitcoin and cryptocurrencies after joining the internet a short while ago. There are people who are usually away from technology and such things, they might have mobile phones or computers but they don't know much about them or know how they can use things, get into technical aspects, or even learn things themselves by exploring.

If that isn't the case, the person should be able to learn about trading and trading practices after a while if they dedicate some time and put in some effort. All it needs is focus and a basic understanding of the things which isn't easy to get for someone who is a learner and loves exploring things and learning new experiences.

In trading, not only beginners, but also experienced traders lose money, the cryptocurrency market is volatile and sometimes too unpredictable to always be in profit, and holding for a beginner does not contain big risks, the most important thing is not to buy in a bull market and take care of safe storage of coins .

But there is nothing wrong with wanting to trade if it does not lead to the loss of your funds. It is better to do this in two separate directions and make sure that they do not intersect, and if trading brings profit, then the profit can also be transferred to a hold.

[BitcoinTurk]

Certainly, making long-term cryptocurrency investments and protecting these investments before their planned maturity is a very difficult process because the cryptocurrency markets are a volatile market and due to the price fluctuations that occur during this process the feeling of constantly taking advantage of these opportunities can unfortunately dominate. Of course, trading in the short term isn't an easy process but it is a little easier to control one's emotions in long-term investments.

Protecting and hodling long-term investments is a process that seems very simple but is quite difficult than this. Especially after completing this process successfully, the society interprets the successful person as if he/she became rich overnight which can further annoy the person who is worn out during this difficult process. It is important to remember that a cryptocurrency can gain significant value in one night and make the person who has held it for a long time rich but this doesn't mean that that person became rich in one night. It is a very difficult waiting period and along with years of knowledge, experience and various difficult memories develop along with it.

[AnonBitCoiner]

Life of holder's is not easy. They have to defend many life problem specially if the belong from middle class family and their earnings is not good enough to live then they faces a lot of problem for holding in life. But now day's the problem is rare because maximum time the hold that amount of mone thy can maintain. That money not need for them and they making savings they just invest that amount if money that they can afford. That's make the journey easy but they are always in tension because they don't want to face loss.

Everyone should invest according to his income because if you use huge amounts but you don't have saving that you can treat your children and family then I think there is need to invest money because first we will save our present after which we will move towards future. Everyone is working hard for their future but are living in a worse present which is not an advisable situation.

According to my experience save little amount each month but not that part of your income which you think that there is a possibility to use during urgent need. Investment with little amount will not make you distress but if you put huge money at once then there is a chance that you will get this amount during emergency without thinking about loss or profit.

[CryptSafe]

Hodling is not a child's play neither is it for the faint hearted but for the strong minded investors who deem it fit to do so based on motivation and believe in their investments to yield positive results in the long run. Most times, there are series of temptation to ones plans of hodling for a long time but when one is disciplined and exercise self-restraint to their investment, there wouldn't be any compromise on their own part.

However, it is advisable to invest in what you can afford to lose and it should be something that would not bother you much if anything happens to it. Such investment should be a long term investment with the plans of hodling very firm.

[Viscore]

People who only think hodling is a smooth journey are only those who do not really understand how to hold in such a volatile and unpredictable market. From the term "hodling", they only see it as a very easy task without seeing the factors that will definitely trigger or affect the hodler itself. But once you decide to enter long term hodling even if it's bitcoin, that's the only time you can say that hodling is never easy and without patience and understanding the market, your investment will only go into waste.

However, if you compare trading into hodling, its obvious that long term hodling is less risky and less stress free, but still the process is always tough and hard, unless if you become an experienced long term hodler already.

[EarnOnVictor]

In my opinion, holding is best strategy to invest in Bitcoin because this journey could be non smooth but you should invest in long team and if someone is investing for a couple of years ,he would get a good chance to enhance his wealth. Trading is very very risky than holding and if someone is Bitcoin investor and he is Bitcoin trader ,he will face many risks daily. But if someone is Bitcoin holder ,he will see the market  situation and then he will act against the market. The main purpose for investment in Bitcoin is to be rich person in society and holding will make a Rich person to anybody.

Yes. For BTC supporters, Buy and Hold takes a long-term view. So, this first step is a very big step towards what I see as a growing market and At least that is why someone would stick with 1 BTC until now for easy explanation purposes of course. Bitcoin, technical analysis will most likely be the basis of the approach and always be the basis of your trading approach.

Anyone who is HODLing and still looking for technical analysis for a guide is not serious. HODLing shouldn't be pursued like that, it's not what you do like an investment, you do it as if you purchase a property that you would never let go and you will do this for very long years. At that time, there would have been so many conditions happening to the market of the asset whether good or bad, it would have faced enough Bull and Bear moments but the HODLer would still not care until he is so satisfied with the price of the asset or would liquidating it in a part/fraction over the time.

This is not a short-term plan at all, so looking at the technical chart will either be a waste of time or a means by which you want to cause emotion for yourself. HODLers don't even check their wallets too but could ensure that they are safe and that they've not lost access to them. Aside from that, the news and fundamental reading about the asset are enough to go by. This is how Bitcoin HODLers should also behave not that they will put themselves under unnecessary pressure of checking their assets with all analyses as if they are merely trading or involved in a short-term investment.

[Seinlocko]

Currently, I still don't have extensive and long experience regarding HODLing bitcoin. You could say I'm still new to HODLing bitcoin. However, from my recent experience, I can also conclude and feel that HODLing bitcoin is not an easy thing. Because what I feel when there is a decline or even an increase in the price of bitcoin, I always really want to sell the bitcoin that I have. However, I always remember the initial basis for deciding to invest in bitcoin. With this, I can better fight desires and fears when the market is not good.

[Bitstar_coin]

Currently, I still don't have extensive and long experience regarding HODLing bitcoin. You could say I'm still new to HODLing bitcoin. However, from my recent experience, I can also conclude and feel that HODLing bitcoin is not an easy thing. Because what I feel when there is a decline or even an increase in the price of bitcoin, I always really want to sell the bitcoin that I have. However, I always remember the initial basis for deciding to invest in bitcoin. With this, I can better fight desires and fears when the market is not good.

The difference between an experienced bitconer and a newbie is knowing when to sell and when is the right time to buy back. Ok, I can say this is another way of hodling btc and at the same time increasing your bags.
There are people who don't mind hodling from one circle to another, others hodl seasonal, they can sell at the bull and re-buy back but with more btc than they previously owned. so it all depends on individual preference and your plan toward multiplying your btc.
Overall, I would say hodling btc through bull and bear is very tough especially for investors with limited funds.  

[gabbie2010]

The journey towards becoming profitable as a crypto hodlers is a tortuous journey it's not straight forward journey at all, there are instances when a hodler might be tempted to dump or sell their assets especially during a temporary massive dump of the price, so many hodlers had feel on bearish trap by hurriedly dumping their coin while experience hodlers kept faith with keeping their assets in the midst of price dump because they believe that price history repeat itself thus kept hope alive that price reversal to bullish sentiment is imminent thus in the long run profit would be guaranteed.