Quote from: justdimin on May 18, 2022, 07:48:05 PM

Quote from: traderethereum on May 18, 2022, 07:05:35 AM

Quote from: MrDave on May 18, 2022, 06:37:20 AM

Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.

Maybe but most of them want to profit from crypto so they keep buying and selling every coin, including bitcoin.
It is not easy to hold coins, let alone hold bitcoins, for a long time because you will see a lot of price fluctuations in the market that can make you panic.
But if you really want to hold bitcoins for the long term, then once you buy bitcoins, you have to get out of the market and don't look at the volatile prices.
Otherwise, you will be affected by price movements in the market and will eventually make you panic.

It is quite easy to hold bitcoin. All you do is... well nothing. You literally do nothing to hold it. So, why would it be any hard? I get that some people get worried about price fluctuations but if you know what you are doing then you are going to be fine. All we see is volatility, and we end up seeing it all the time and there is nothing that could change that, volatility will happen.

We just need to end up doing something a bit more legit, which is why I believe that the longer you are in the crypto world, the more you are going to end up holding long term. Like I was holding during this crash, and it didn't bother me a single bit, all I did was nothing and it bounced back.

Yes, it's like doing nothing but not for them because they will feel their heart beat faster if they see the price in the market experience a sharp decline.
For those who have seen sharp declines often it will not be a problem because they are used to it but not for people who have not had much experience with price drops.
Investing in crypto is all about how we can hold it long term and take your profits when you see them.
As long as we can control our emotions in the downtrend, there is no affect to us.