Post
Topic
Board Trading Discussion
Re: holding is not an easy thing
by
gabbie2010
on 05/05/2021, 16:41:03 UTC
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.

Holding is good not only for the rich people but also for those financially capable and with a lot of patience. Holding is not appropriate to the people who just trade to earn a little profit from their small capital daily.  What if the value of token you hold suddenly drop down? Of course you need to wait for it to pump again to avoid loses. It also takes time.
A hodler that is financially incapacitated will have no option than sell some coins to cushion the effect, honestly it is not easy for less privilege individuals to hodl of course they has to survive whatever conditions they found themselves, however that does not mean selling off their portfolio, it's appropriate to hodl some coins at least to have something to fall back in case of any eventuality