Post
Topic
Board Trading Discussion
Re: holding is not an easy thing
by
Botnake
on 27/08/2021, 20:20:26 UTC
I m a holder also. Yes its true its holding is not an easy task.  I hold and sell soke coins when i need money.  Its not a bad thing to do if you need you need it. You shouldn’t regret about it. And i be happy with what i get as a profit
It wont really be an easy thing because there are lots of factors that would really be affecting your dedication to hold for long term like;

1. Fuds
2. Fomo
3. Fundamentals or news
4. Emergency need of funds
5. Other peoples influence

Its really hard to resist for sometimes but if you are really that dedicated then you could really sustain yourself but it will
really be varying on each person because not all would be having the same level or on how they do handle their investment.

I would take that number 4 away, for me it's not part of what would influence your investment for the long term because you are supposed to invest only the money that you can afford to lose, therefore you don't allocate or invest the money that you are supposed to prepare for any emergency expenses.

If we do not manage our money from the very start, well, it would really not help us to hold strong for the long term.