Post
Topic
Board Economics
Re: #HODLing is not a smooth journey
by
Abu-Naim
on 22/11/2023, 20:14:32 UTC

#HODLing is not a smooth journey, do you agree? Grin
Totally agree, it is mostly easier said than done for most investors. I personally can recall the different juicy opportunities I have missed to really make it big in this space as a result of a lack of patience to HODL. Especially those early days in crypto when you barely understand the market and easily get freaked out with every FUD and market dip.
Experience is the best teacher they say and I believe the majority of us are more experienced and mature over the years of being in crypto.

What is your view on #Hodling Guys?

Holding is often not for the weak or for the strong.
Holding is for people who have the financial stability and patience to resist the pressures of the crypto space's ups and downs, which frequently distain people who are holding their coins. I absolutely agree with you that many people believe holding is so simple that they can simply buy and hold their currency for the long term, not realizing that only the fortunate will be able to do so if they do not have a decent financial situation. Most people who lack strong capital do not hold for long since they may be utilizing some of the money they invested to meet their needs and other responsibilities. As a result, only those with enough money for upkeep are usually able to keep their coin if they are patient enough.