Quote from: DabsPoorVersion on December 03, 2023, 10:57:45 AM

Quote from: junder on December 03, 2023, 08:01:59 AM

Quote from: strunberg on November 29, 2023, 02:27:26 PM

I still think that #HODLing is much better than trading. This has happened several times where we have seen the price of BTC go up, then go down and then go up several times. When that happens I often regret that I would have preferred to trade rather than hold my assets. HODLers just need extraordinary patience to reap the benefits. And it's not easy for everyone to do even though it's actually a pretty simple thing.

It's a simple thing but not everyone can do it because tremendous patience must be possessed to be able to achieve decent profits. It also has to be with discipline because if they don't do that maybe they will choose to trade like you and then regret it, that's not a problem, it's good at least you've made an effort for the future you just need to increase your patience to reap the benefits you deserve. Also be consistent with what you choose, especially if you do it half-heartedly or hesitantly, it's better not to do it.

Aside from having enough patience to continue to hold and be able to achieve the personal goal of making a decent profit out of our investment, knowledge and belief in this technology play a big part in this. Everyone can hold, but what makes them hold and be patient up until they get to their goal, is because they believe in this technology by having enough knowledge that this is not a kind of investment that will disappear suddenly. It's all about having a valid reason that makes it possible to continue holding.

Knowledge of technology or investment in my opinion these two have an important role, so don't be rash to separate them, I mean don't just understand one of these two things, as much as possible we must understand both of these things in order to have a good impact on the investments we make because everyone who wants to invest certainly wants the benefits of the investment they make. Therefore it is better to understand these two things to be able to avoid losses that not everyone wants.

In my opinion, not everyone can hold back, because the nature of people is different, there is also a term "patience also has a limit" so in my opinion the best the person can hold back if his patience has run out, it can be a different story. Maybe everyone can invest if they have money, but not everyone can do it well.