Jasmyne
Member


Activity: 140
Merit: 17
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Today at 06:24:51 AM |
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Hodling is more easier said than done, I think hodling is not just a strategy, it's one of the best ways to learn discipline it's not only about peace of mind, looking at way the market moves and capping it off with the noise on the Internet about the market makes this strategy really difficult, but in the end nothing good comes easy or fast... It takes time.
Holding is not as difficult as you may think. Bitcoin might be more difficult for people to hold because they do not believe in its future. What makes you think that those who understand the value of Bitcoin will be worried about the market? It’s only those with negative thinking will be worried when the market go down and start checking their portfolio. And seeing the value of your investment drops from where you bought it, some individuals will be worried whether the market will recover from the dip. In addition, holding can also be difficult for investors who buy with the money they need for other expenses. They will react or feel bad if the market doesn’t go the way they expected. In my own opinion, I don’t totally agree with you because even people that know the value of bitcoin, understand how bitcoin is a very good investment that will help grow wealth, still end up failing to hold. Holding is not as easy as you may say it to be, it really takes a lot for any body who is determined to stay disciplined to hold. It has to do more of emotions, people who know the value of bitcoin still panic and aside from when the market is down, there are still other reasons to why people fail to hold despite knowing the value of bitcoin, which is greed, financial pressure and a lot more other reasons.
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purple_sparkles
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Today at 06:25:49 AM |
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HODLing is a strategy par excellence which matters if you want to make a profit from Bitcoin. You just have to keep your Bitcoins safe and hope for price rises. It's all you have to consider when HODLing, and it's what makes such a strategy so popular. You don't have to worry about it, as long as you have sent your Bitcoins to an address for HODLing. You don't even have to reallocate your portfolio, Bitcoin HODLing is timeless par excellence.
Bitcoin never gives profit overnight, but if someone wants to take profit from Bitcoin, then the matter of holding is very important. It is not like you will make a profit just by holding but if someone can knowingly go towards long-term holding, then they will definitely be able to take profit. Profit can never be made by short-term holding, but if there is a long-term plan for holding, then profit can be taken. Bitcoin has its own cycle, during which its price rises and falls. Especially when bitcoin is declining in price, you shouldn’t simply walk away from it, this is actually the time when it can be worth accumulating. And when the price rises to new all-time highs, it may be a good time to start selling, because these cycles tend to repeat. Then, when the price falls again, you can gradually start buying and accumulating bitcoin once more. This approach can potentially generate good returns. Of course, simply holding bitcoin long-term is also a good strategy.
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Marvelockg
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Today at 07:24:26 AM |
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Hodling is more easier said than done, I think hodling is not just a strategy, it's one of the best ways to learn discipline it's not only about peace of mind, looking at way the market moves and capping it off with the noise on the Internet about the market makes this strategy really difficult, but in the end nothing good comes easy or fast... It takes time.
Holding is not as difficult as you may think. Bitcoin might be more difficult for people to hold because they do not believe in its future. What makes you think that those who understand the value of Bitcoin will be worried about the market? It’s only those with negative thinking will be worried when the market go down and start checking their portfolio. And seeing the value of your investment drops from where you bought it, some individuals will be worried whether the market will recover from the dip. In addition, holding can also be difficult for investors who buy with the money they need for other expenses. They will react or feel bad if the market doesn’t go the way they expected. In my own opinion, I don’t totally agree with you because even people that know the value of bitcoin, understand how bitcoin is a very good investment that will help grow wealth, still end up failing to hold. Holding is not as easy as you may say it to be, it really takes a lot for any body who is determined to stay disciplined to hold. Of cause, nothing worthwhile comes on a platter of gold so yes, holding is not something that is too easy but you've got to decide wether or not you want to gain really well from your bitcoin investment or you're going to sell out your asset just for the excuse that staying invested in bitcoin is a deficult task to achieve. In holding, the major thing you're doing is that you're doing more of stacking and little or no selling. As long as your strategy is right and you're certain that you're not removing a dim from your portfolio as long as you're still in your accumulation point, holding becomes something that's easy and possible for you. Traders are even more exposed to risk than investors that are not eager to sell which means that investing and holding your asset is quite easier than trading or trying to get returns too suddenly by gambling with your investment.
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Bd officer
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Today at 07:28:49 AM |
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HODLing is a strategy par excellence which matters if you want to make a profit from Bitcoin. You just have to keep your Bitcoins safe and hope for price rises. It's all you have to consider when HODLing, and it's what makes such a strategy so popular. You don't have to worry about it, as long as you have sent your Bitcoins to an address for HODLing. You don't even have to reallocate your portfolio, Bitcoin HODLing is timeless par excellence.
There is no need to remind you again and again that Hodling is the best strategy. According to past history, holding was the best strategy and will continue to be so in the future. The main point is that holding is not only an important strategy but also there is no alternative to long-term holding if you want to reduce risk and hope to make profits in the future. If you look at past history, no one who has held for the long term has faced losses, unless they have lost BTC for some other reason. But those who are chasing short-term profits or have traded will find nothing but disappointment in their stories. Ask those who have been involved in Bitcoin, they will all say that holding is the best strategy. If you ask me, I have made more profits by holding, I have only been disappointed by trading.
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Solokan
Sr. Member
  

Activity: 1274
Merit: 444
Rollbit.com
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Today at 09:39:12 AM |
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Holding BTC for the long term is indeed a good strategy, as many people have proven successful investing in BTC thanks to their long-term holding power. However, many people have lost money investing or trading in BTC because they couldn't hold their BTC for the long term. So, holding BTC for the long term is a good strategy, as BTC is always making new ATHs.
However, we must use money we can afford to lose or discretionary income to buy BTC. We definitely need an emergency fund to hold BTC for the long term.
Well said, HODling is actually one of the best strategies for investing, especially if one considering the long term. Though, some people give up due to the volatility of Bitcoin and this has been the major challenge of people not holding for a long-term. And that's why people are advised to ensure they invest money they can afford to lose and also have an emergency fund, as you stated. This way they won't panic or have to end their journey halfway if the market does not go as planned. One of the challenges for BTC investors is the fluctuations in btc prices and their volatility, which are often difficult to predict. Many people give up on long-term BTC investments due to price fluctuations and end up selling their BTC at a loss, having sold at a low price below their purchase price. However, those who hold BTC for the long term often succeed in investing in btc. Clearly, holding BTC for the long term is a good idea and a sound BTC investment strategy Unfortunately, many people still don't understand this strategy. If all investors understood this strategy, there would be potential for BTC prices to rise even higher than they are now. However, I believe that eventually, more people will learn about this strategy, and ultimately btc will have the potential to achieve even higher prices in the future
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Jostern
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Today at 10:52:24 AM |
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One of the challenges for BTC investors is the fluctuations in btc prices and their volatility, which are often difficult to predict. Many people give up on long-term BTC investments due to price fluctuations and end up selling their BTC at a loss, having sold at a low price below their purchase price. However, those who hold BTC for the long term often succeed in investing in btc. Clearly, holding BTC for the long term is a good idea and a sound BTC investment strategy
Unfortunately, many people still don't understand this strategy. If all investors understood this strategy, there would be potential for BTC prices to rise even higher than they are now. However, I believe that eventually, more people will learn about this strategy, and ultimately btc will have the potential to achieve even higher prices in the future
I don’t see anything wrong with price fluctuations because that is how Bitcoin have been designed to operate, why would someone who have decided to be buying bitcoin be scared of price fluctuations when you can always buy bitcoin using the DCA methods. I think it’s someone who doesn’t know anything about bitcoin that would be scared of price fluctuation, you can always buy bitcoin when you have a leftover money as discretionary income to buy through the DCA is more sustainable.
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GeorgeJohn
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Today at 11:39:32 AM |
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Bitcoin has its own cycle, during which its price rises and falls. Especially when bitcoin is declining in price, you shouldn’t simply walk away from it, we need to know that bitcoin price is designed to fluctuate in price, and it's only people who have passion for bitcoin that will endure its fluctuating price, anyone who read and comprehend the technology behind Bitcoin price rotations will not panic if the price keeps falling, I don't want to talk about bitcoin having circle to complete before the price rises...I dont see any genuine fact to that, but we speculate and exaggerates to it, and also trying to make it to be real. this is actually the time when it can be worth accumulating. Basically, this is the time to accumulate bitcoin due the decrease in the price, but it doesn't really mean that anyone who accumulate now is 100% that is to make profit, theirs every tendency that the price might fall more and remain there for long time before it will rise again. So we can't conclude that anyone who purchase bitcoin now is on the safer side..The price is not constant and it's rotational, so you can invest or purchase your bitcoin when you're financially buoyant, especially when you have a discretionary income.
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SmartCharpa
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Today at 01:20:29 PM |
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Holding is not as difficult as you may think. Bitcoin might be more difficult for people to hold because they do not believe in its future. What makes you think that those who understand the value of Bitcoin will be worried about the market? It’s only those with negative thinking will be worried when the market go down and start checking their portfolio. And seeing the value of your investment drops from where you bought it, some individuals will be worried whether the market will recover from the dip.
In addition, holding can also be difficult for investors who buy with the money they need for other expenses. They will react or feel bad if the market doesn’t go the way they expected.
In my own opinion, I don’t totally agree with you because even people that know the value of bitcoin, understand how bitcoin is a very good investment that will help grow wealth, still end up failing to hold. Holding is not as easy as you may say it to be, it really takes a lot for any body who is determined to stay disciplined to hold. It has to do more of emotions, people who know the value of bitcoin still panic and aside from when the market is down, there are still other reasons to why people fail to hold despite knowing the value of bitcoin, which is greed, financial pressure and a lot more other reasons. You know there is a saying that good things come to those who wait. Bitcoin is one of the best things that take time before you make profit from your investment. You shouldn’t use people around you to judge others. We don’t have the same emotions, and it’s not everyone that easily lets their emotions affect their actions. Many people do agree to hold for a long time, but along the way, they change their minds after witnessing what the market does and how people endure to see the value of Bitcoin go down. I don’t argue with you, but you should also understand that we have many people out there who find it very easy to hold because they understand the value of what they hold. If you claim you understand Bitcoin but later sell your Bitcoin due to changes in the market, the person does not believe in its future right from the beginning, and everything you do is as a result of your wrong mindset towards Bitcoin. Anyone who choose Bitcoin investment already knows that there is up and down in Bitcoin investment.
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Shineup
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Today at 04:45:42 PM |
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One of the challenges for BTC investors is the fluctuations in btc prices and their volatility, which are often difficult to predict. Many people give up on long-term BTC investments due to price fluctuations and end up selling their BTC at a loss, having sold at a low price below their purchase price. However, those who hold BTC for the long term often succeed in investing in btc. Clearly, holding BTC for the long term is a good idea and a sound BTC investment strategy
Unfortunately, many people still don't understand this strategy. If all investors understood this strategy, there would be potential for BTC prices to rise even higher than they are now. However, I believe that eventually, more people will learn about this strategy, and ultimately btc will have the potential to achieve even higher prices in the future
I don’t see anything wrong with price fluctuations because that is how Bitcoin have been designed to operate, why would someone who have decided to be buying bitcoin be scared of price fluctuations when you can always buy bitcoin using the DCA methods. I think it’s someone who doesn’t know anything about bitcoin that would be scared of price fluctuation, you can always buy bitcoin when you have a leftover money as discretionary income to buy through the DCA is more sustainable. I wonder why anyone will be complaining about the price fluctuations, basically without the price fluctuations Bitcoin would have been a stable coin, or are those scared of fluctuations expected that Bitcoin should only have an upward movement without a downward movement? Anyone who understands the reason behind Bitcoin fluctuation will always know that Bitcoin wouldn't have gained this popularity and new investors may likely not be coming onboard, why do people have to be scared of price fluctuations when they are to use a discretionary income to invest? It is only lack of knowledge.
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MainIbem
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Today at 05:53:31 PM |
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I wonder why anyone will be complaining about the price fluctuations, basically without the price fluctuations Bitcoin would have been a stable coin, or are those scared of fluctuations expected that Bitcoin should only have an upward movement without a downward movement? Anyone who understands the reason behind Bitcoin fluctuation will always know that Bitcoin wouldn't have gained this popularity and new investors may likely not be coming onboard, why do people have to be scared of price fluctuations when they are to use a discretionary income to invest? It is only lack of knowledge.
It's not even a barrier to holding Bitcoin so anyone who sees it as an issue is either someone with little knowledge or using that as an excuse to holding. Bitcoin price movement is caused by demand and supply so people shouldn't expect it to always go upwards without dropping cause so far people sell the price would definitely decrease for a short-term before improving again. Bitcoin has always improved and decreased from the onset but it always favour holders cause the longer the value improves as time passes and those who hold gets better reward when it does.
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