Post
Topic
Board Altcoin Discussion
Re: Does Hold is Gold
by
MarjorieZimmermanGinger
on 17/02/2022, 09:53:59 UTC
holding coins is certainly the easiest thing to do and the least risk you will get, but you need to know also what coins you are holding, if you hold a doge I think it is the right action you have done.
It is easy but not that easy too.

Why I'm saying that?

It is because when the bear market comes and you're holding, you're having an emotional attack. It's either you want to sell or keep holding on despite that you don't like what you're seeing.

Been there and done that and for sure majority of the holders too.
Especially when bear market conditions come, we experience panic, this is actually very dangerous, so we take the wrong action or decision, someone's emotions will usually be influenced by unnatural events, for example a bear market comes suddenly, so the decisions we make taking is highly dependent on knowledge and readiness, therefore serenity is indispensable in such conditions.
It's really playing our emotions if we're uncertain during the bear market.

But one thing that's now very encouraging is we've seen that holding is worth it. We've been in a 2 year good run and that's very encouraging that if you've been disappointed for the past years.

You'll still going to hold no matter what the situation of the market comes.
Every emotion will be influenced by the actions we took before, emotions will form if expectations do not match expectations, moreover we do not believe as long as the bear market comes, must hold and be patient in investment conditions, crypto has developed well for now, this affects the level the stability of the potential coin, if the strategy used is good, then the excitement is definitely something we hope for, there is a time to hold on and there is also a time to let go, depending on how the market conditions are going.