Post
Topic
Board Bitcoin Discussion
Re: Keep hodling your Bitcoin
by
loopes
on 30/04/2023, 22:26:29 UTC
-snip-
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price  keep holding your Bitcoin .It will definitely boom soon
This is extremely difficult to do, as a lot of people especially these new people who are coming into the Bitcoin market, their emotions sometimes are sensitive or difficult to manage.
Most newbies can relate to this. But if you just manage and train your emotion, you will become stronger and I agree with you OP, holding is better sometimes and it's already proven over time.
But for some people who have goal just to make profits, hodling is not form them as they tend to sell once they already met their price target or goal.
Not only a newbie who feel hard to hold but also trader with short trading strategy. But both of them have different reasons. For a newbie, that is right that they still have unstable emotions on holding their bitcoin while the price goes down or even the volatility on a high level. But newbies are a newbies who have less experience, after they learn more and get experienced they will have more stable emotions.
For a short traders, holding is not their purpose so they are hard to hold bitcoin. They expect profit to gain their earning by doing short trading.