Post
Topic
Board Altcoin Discussion
Re: Crypto currency is all about Hodling.
by
Princejebs
on 18/08/2020, 19:23:00 UTC
The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.
Not that alone, if you don't have the mind, there's no way you can hold. Crypto is very volatile, hence not everyone can handle - 30% of their funds. They become depressed, regrets set in and give up, some sold at loss and give up on crypto.
Those who bought at peak on last btc bull run, you often hear some noobs that crypto is a scam investment, some claim you have to hold for eternity before you could gain.
In cryptocurrency, you need patience and mind. Be ready for what comes after.

Don't invest what you cannot afford to looose