Quote from: Jaycee99 on May 02, 2021, 11:42:41 PM

Quote from: Tomtomwole on May 02, 2021, 10:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

Only the rich can who can afford to buy and forget? yes maybe as well as the saying "Buy only what you are ready to lose" when it comes to investments.

Holding bitcoin or any other investments is that you are mentally ready for losses and thoughts like bitcoin going down and up back to its value 30k and it's really painful for those people (For example)who bought it on 40k and the value drop on 30k.

Or if you did not make any research in holding bitcoin well there is a first time for everything experiences is the best way to learn. Like a saying goes "Learn from your mistakes" and we all know that when we make mistakes we tend not to do it again and make something better out of it.

Yes I agree with you 👍 I too feel the same and I have seen that one of my friend lost his money in some investment and he had no money left and also he had no source of income, then he had only one option left that he had to sell the bitcoin so that he can invest again. Holding bitcoin is not an easy task to everyone .