Post
Topic
Board Speculation
Re: No BTC Holding is risky
by
freedomgo
on 03/10/2021, 21:55:26 UTC
BTC Holding, in my opinion, is the winner. You must be able to keep it up-to-date without having to continually monitor the market to make judgments. Bitcoin should be something you hang on to for a time to ease tension and worry caused by significant price volatility. When it comes to investing, consistency is crucial. Assets retained for more than 5  years will have a significant influence on performance.

When you say holding, better HDOL it. It's very popular to us that "HOLD ON DEAR LIFE" already made lots of investors become rich. What we are witnessing now is another market crash, if we don't have the trust to HDOL, we will be one of the investors who will do panic selling and later regret.

Short-term traders may panic now, but if we are real long-term holders, what is happening now is nothing new to us.
long-term holders will always experience a lot but it is certain that if they are patient and don't panic, they can certainly enjoy a period where prices will increase. because holding bitcoins is a common thing and will always end with the best, but usually many are impatient or who absolutely do not have the capital to hold for the long term.

because it takes funds that are not used for other purposes only focus on bitcoin, which is now quite high in price and it's not easy to do it.
maybe only the true have been doing this for a long time because they always save for the next stage.

It's the basic requirement of HOLDING your crypto, you need to have patience and you have to understand what you are doing. Holding means you are aiming not only for a higher price but for a bigger price because you believe that the longer you hold your goal will be achieved, however, you also have to understand that you have to set your goal to be realistic first in order for it to be achievable.

For example, if you hold because you believe that 1 BTC will be $100 million each in the future, then I think you are not being realistic.
Holding bitcoin will not just ensure big profits in the near future but it also takes more patience to understand the market deeply. There will always be price fluctuations that will eventually test how long can you stay in the market. And if you end up panicking, then you might lose your hard earned bitcoin. So its not really an easy task to hold bitcoin that is why you only need to invest on your extra money. But one thing is certain, the process may not be easy but the result is all worth the risk. And it will be a lot more risky if as of this moment, you don't still have any hard earned bitcoin to hold.