I believe we still have plenty things to learn here so I wanted to ask this question . We have heard on several occasions that HODLing is the best way for every bitcoin person to survive in the cryptocurrency market which I quite understand the idea but sometimes I used to wonder where the line is. Like at what point does holding stop being a strategy and starting becoming emotional attachment to a position? For example when someone keeps holding even when they know their main reason for buying is no longer there or when they begin to deliberately ignore the risks they are seeing because they are afriad of missing out ?
Winners or those who hold, will never be affected by Bitcoin's market conditions because the target holding limit we set is already linked to the price level we want to reach. This demonstrates a person's readiness to hold as sometimes people aren't strong enough to persevere under any circumstances. I've seen quite drastic asset decrease in the value of total assets at the current Bitcoin price and perhaps a significant percentage, but because I have a sell target at the planned price I don't care at current prices.
If people aren't ready to fully hold their assets, adjustments can be made, such as selling 30% of their holdings when the price reaches an all-time high and then buying back the profits when Bitcoin's price drops, as it has now. The important thing is not to panic as asset holders typically don't care about Bitcoin's price they're focused on achieving their overall growth targets.
