#HODLing is not a smooth journey

[NeilLostBitCoin]

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It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.

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[Fivestar4everMVP]

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It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.

You are completely right, the temptation is always highest with altcoins to be honest, most especially, altcoins that aren't well established like ETH, SOL and other big names, for me personally, I usually start getting the feeling like, what if the team dumps their bag right now and every thing comes crashing again? 😀
Such thought is always the number one reason I sometimes end up selling a potential gem way too early, and at the end of the day, end up in regrets even though I possibly must have made a good profit, profit is never enough afterall  .

But then, the coming bull run is speculated to be the highest and possibly the last, we have the opportunity again to make generational wealth in the coming year stroke 2025, those who don't know how to hold and wanna make money must learn how to, and must also learn to keep holding even at the top, as long as the bull run is not over.
What I did advice is, we all should have a realistic price target to sell, and ones that target is reached, sell and careless what the market does after then.

[CageMabok]

It sounds simple. In my opinion, Hodling will be easy if someone has a profitable activity, meaning there is not only one source of income and this will be easy to implement and the guarantee will not be annoying and in the end we will always be able to make a profit in every trade and the Hodling time is also unlimited, either 1 week, month, or year.

We can also determine the hodling time itself if someone has income from several aspects or directions, but if we apply it it is only for one week or one month. I think it will be less noticeable because now one month is not a long time to implement Hodling so it would be better to choose it over a yearly period or more than that as long as someone has the ability.

Holding will be a difficult job for those who use borrowed money or use savings for daily needs to invest in Bitcoin, plus they don't have wise thinking and don't have a strong mentality when the market goes down, they panic and sell.

However, in this case you also shouldn't judge everyone like that because most people nowadays are also aware that applying Hodling in the long term or a certain period of time on a cryptocurrency requires special financial considerations. So that this implementation is not disturbed by daily needs or by borrowing from other parties which generally have to be repaid every month, so not everyone will do Hodling if their financial resources are still very limited or can only cover their daily needs.

But for those who have all this, they will not have any obstacles with holding and they will not even think about the market, they will be busy with other activities because they will continue to hold BTC until their desired target is achieved. There are only two keys to holding, use fee money and be mentally strong.

One more thing is that there is a desire to do this because there are many people who have the money and mental strength to run Hodling, but they don't do it because they don't have the desire for it. So after there are funds that are not used for other things and a strong mentality in oneself when seeing price corrections in the market, a person must also have a strong desire for this so that everything can run smoothly without any obstacles or interference from other aspects.

[NeilLostBitCoin]

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It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.

You are completely right, the temptation is always highest with altcoins to be honest, most especially, altcoins that aren't well established like ETH, SOL and other big names, for me personally, I usually start getting the feeling like, what if the team dumps their bag right now and every thing comes crashing again? 😀
Such thought is always the number one reason I sometimes end up selling a potential gem way too early, and at the end of the day, end up in regrets even though I possibly must have made a good profit, profit is never enough afterall  .

But then, the coming bull run is speculated to be the highest and possibly the last, we have the opportunity again to make generational wealth in the coming year stroke 2025, those who don't know how to hold and wanna make money must learn how to, and must also learn to keep holding even at the top, as long as the bull run is not over.
What I did advice is, we all should have a realistic price target to sell, and ones that target is reached, sell and careless what the market does after then.

My current issue revolves around deciding when to sell my cryptocurrency. Even if I have already made a profit at a certain price, I struggle with knowing the right time to sell. Often, I end up regretting selling at a particular price, as the coin's value reaches a new all-time high. I know I should be realistic and not regret selling, but I always find myself checking the token's price repeatedly, leading to more regret. I hope that during the next bull run, I will not regret selling my coins.

[Peanutswar]

In OP statement, this will become like this if the person who makes hold a coin without proper plan and just easily get carried away by the suggestion of other people or the market just volatiltility like unnecessary dump due to some reasons.

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.

This is the close to accurate, in holding all you need is to hold your coin and wait until you get satisfied with the profit with your asset, unlike in trading this gives a lot of time and effort to understand the current situation of the market to gain profit. Having a knowledge where to invest is not enough you need to consider such trading strategy, pattern, and understanding the smart money concept.

[Bushdark]

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It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.

To hold is not easy that is the same way to make money is never easy. We need to be prepared and understand the market before we make any investment decision. Anything we are doing in the market, we need to make proper plans so that we don't finally miss out of everything we are doing. Crypto investment is risky and for us to go in with full confidence, then we must be ready to hold as long as possible. Everything bool down to the nature of the market is the market is volatile enough to give us profits.

[Maslate]

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.

If you can hold and trade at the same time, then that would be a lot better since you can maximize your future profits without focusing on one only. However, I also come to realize that hodling alone is never easy and will certainly test your patience and faith when hodling for long term. Most especially for bitcoin that is highly volatile, and that anytime its price will fluctuate or experience market crash. But it's undeniable that hodling is less risky and less stress compared to trading.

[ajiz138]

This is the close to accurate, in holding all you need is to hold your coin and wait until you get satisfied with the profit with your asset, unlike in trading this gives a lot of time and effort to understand the current situation of the market to gain profit. Having a knowledge where to invest is not enough you need to consider such trading strategy, pattern, and understanding the smart money concept.

Holding also requires patience that must be practiced because if they are impatient with the situation that is tense then they can release their ownership because they are wary or tend to panic more, but this is often easy to overcome, but there are still many people relying on the benefits of their main investment, which is often misguided, while their goal is long-term investment but other income is not there then this can be chaotic.

Trading is more psychological where they have to think all the time to pay attention to the price chart and continue to do analysis with the patterns they apply, sometimes this requires fundamentals that are commensurate, if someone does not master then it is better to focus on HODL rather than trading.

[tread93]

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It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.

This is a good goal to wait it out and make sure it hits a new ATH but have you really already decided to sell all of your coin in this next peak? I feel like for anyone that can make it another decade without taking profit will reap 10 fold, one can only hope!!

[Nazmul012]

Obviously aggred with your statements op, its difficult to complete the whole journey from beginning to reach the destination. Journey of a holder is full of obstacles where you need to give analysis whenever you want to buy purchase anything. If you can't figure out the dip then trouble will start from here, your profit percentage is already reduced. Then if you manage your capital from your saving or emergency fund or loan, then you'll face obstacles where situations will force you to sold your asset. And finally that feeling when you realized that, your altcoins are turned into shitcoin already which won't have possibility to raise up, which is most disappointing and broken feeling of a holder

[ultrloa]

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It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.

To hold is not easy that is the same way to make money is never easy. We need to be prepared and understand the market before we make any investment decision. Anything we are doing in the market, we need to make proper plans so that we don't finally miss out of everything we are doing. Crypto investment is risky and for us to go in with full confidence, then we must be ready to hold as long as possible. Everything bool down to the nature of the market is the market is volatile enough to give us profits.

To hold is never really easy since you need to deal with those huge mental challenges what market brings especially the market is so volatile and unpredictable then we don't know what will be the outcome of it in coming years. What we just need to have here is long experience on trading in the market since once we see already those high and lows for longest time for sure we can defy those negative incidents happening in the market.

Also once we became good on dealing our emotions towards our investment decision especially upon holding our bitcoins for sure we can see something good coming especially that bitcoin still has a lot of potential. I know some people struggle to hold since they want short term profit but if they could just see the historical record of bitcoin for sure they will be decided to hold their bitcoins rather than immediately trade it.

[JariKriting]

clearly agree because the price of a commodity including crypto currency is up and down. there is no price of a commodity whose price continues to rise or fall without any price correction. it is very impossible. because there is supply there is demand which causes prices to go up and down.

[0t3p0t]

What is your view on #Hodling Guys?

Well yeah as what others have said that hodling isn't that easy and that is true but hodling works only for people who has extra money or has stable job because if someone will hodl all his hard earned money which is just a small amount of money literally then it won't work. Investors who has other source of income will just forget all of it for years and don't even mind it but for people who are not having enough income I think it ends up being sold. In short, people with enough stable income have strong hands but those who have not enough income has weaker hands.

[milewilda]

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It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.

To hold is not easy that is the same way to make money is never easy. We need to be prepared and understand the market before we make any investment decision. Anything we are doing in the market, we need to make proper plans so that we don't finally miss out of everything we are doing. Crypto investment is risky and for us to go in with full confidence, then we must be ready to hold as long as possible. Everything bool down to the nature of the market is the market is volatile enough to give us profits.

To hold is never really easy since you need to deal with those huge mental challenges what market brings especially the market is so volatile and unpredictable then we don't know what will be the outcome of it in coming years. What we just need to have here is long experience on trading in the market since once we see already those high and lows for longest time for sure we can defy those negative incidents happening in the market.

Also once we became good on dealing our emotions towards our investment decision especially upon holding our bitcoins for sure we can see something good coming especially that bitcoin still has a lot of potential. I know some people struggle to hold since they want short term profit but if they could just see the historical record of bitcoin for sure they will be decided to hold their bitcoins rather than immediately trade it.

Mental and emotional challenges on which you would really be needing to sustain or something that you do really need to control up yourself because once you do make yourself that not be able to having that control then you would really be ending up on making bad decisions.Holding might really that easy as it sounds but its not something that you could really be able to do so so easily when you are on the actual condition or situation.
Its not really that a smooth journey on which there would really be tons or lots of factors on which it would really be affecting you when you are just simply holding.
There would really be those people who would be changing up their entire decisions on the time that they would be experiencing problems.

If you are someone who are really that easily get affected with fuds and hypes then you are really that susceptible when it comes to these kind of possible change
of plans or sudden decisions.

[Assface16678]

Holding, or HODL, is not as easy as it sounds or looks. We all know from years of experience in the cryptocurrency world that holding any kind of crypto is challenging because yes, it's easy to buy assets and let them sit there for a while until the price increases, but without proper knowledge and analysis of the market, you can't maximise the potential profit, and you also can't be sure that the price of your assets will increase at that point, as we know crypto currencies are very volatile. So newbies out there who don't have a proper idea and knowledge about Bitcoin shouldn't just buy it because they got into the hype and heard of the upcoming bull run. Holding assets is also not a quick-rich scheme, as you will not do anything aside from wait for the assets to increase, so before entering into holding assets, you better be prepared.

[moneystery]

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If you can hold and trade at the same time, then that would be a lot better since you can maximize your future profits without focusing on one only. However, I also come to realize that hodling alone is never easy and will certainly test your patience and faith when hodling for long term. Most especially for bitcoin that is highly volatile, and that anytime its price will fluctuate or experience market crash. But it's undeniable that hodling is less risky and less stress compared to trading.

hodling and trading at the same time is quite difficult to do, usually people who do this are experienced people in the cryptocurrency market who already understand market flows and have good psychology. because hodling alone is quite difficult, where he not only needs to manage how his investment can survive and not panic when the market experiences a decline. and coupled with trading, which not only requires analysis but also a strategy to achieve profits from the crypto market. doing these two things will certainly be a challenge for traders and not all traders can do it.

[sekalitas]

#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?

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I agree, HODLing can be tough, especially when you're constantly monitoring the price. The volatility can be nerve-wracking, and there's no guarantee of mooning, haha!

Actually, most of the crypto I HODL is because I honestly forgot I had it, thanks to long distributions from bounties or coins not worth trading at the time. But the occasional sweet surprise of finding a hidden gem makes HODLing totally worth it!

[Grim_Fandango]

I agree, HODLing can be tough, especially when you're constantly monitoring the price. The volatility can be nerve-wracking, and there's no guarantee of mooning, haha!

If you are holding and checking the price all the time, you are just making it much harder for yourself. Unfortunately, checking prices constantly can become a habit that is not easy to get rid off, but it is worth doing as it makes the whole holding process much easier.

[Mauser]

#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?

I am a huge fan of Hodling and think it's the way to invest our long term crypto coins. Unforunately I had to learn the hard way that hodling is the better approach, because I sold all my crypto holdings back in 2016/7 only to watch the subsequent bull market from the sidelines. Not going to repeat the same mistake ever again and will all keep holding some Bitcoin. Hodling itself is a pretty easy, we just forget about our long term wallet and are not at risk anymore to do any medium term trades. One of the first stock trading book I ever read was from a genius in the 1990s said that the best approach to stock trading is to buy stocks and just forget about them. With crypto currencies we should be doing the exact same thing. The only problem is to decide first that we want to become a HODL investor. It seems so much cooler to trade our coins a lot and buy low and sell high. But taking the transaction costs into account the high turnover trading stragies aren't always profitable, whereas HODLing will guarantee us a decent profit long term without much input.

[wendty]

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.