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It has been a bumpy journey. I greatly admire those who possess the discipline to hold onto their cryptocurrency even when the price is at its peak. Personally, I find it challenging to resist the urge to convert all my coins to stablecoins as soon as I see a small profit. However, this year, I aim to have the patience to hold onto some promising project coins, such as BTC, ETH, and SOL, and resist the temptation to convert them at a small profit. My goal is to wait until a coin reaches a new all-time high before selling it.
To hold is not easy that is the same way to make money is never easy. We need to be prepared and understand the market before we make any investment decision. Anything we are doing in the market, we need to make proper plans so that we don't finally miss out of everything we are doing. Crypto investment is risky and for us to go in with full confidence, then we must be ready to hold as long as possible. Everything bool down to the nature of the market is the market is volatile enough to give us profits.
To hold is never really easy since you need to deal with those huge mental challenges what market brings especially the market is so volatile and unpredictable then we don't know what will be the outcome of it in coming years. What we just need to have here is long experience on trading in the market since once we see already those high and lows for longest time for sure we can defy those negative incidents happening in the market.
Also once we became good on dealing our emotions towards our investment decision especially upon holding our bitcoins for sure we can see something good coming especially that bitcoin still has a lot of potential. I know some people struggle to hold since they want short term profit but if they could just see the historical record of bitcoin for sure they will be decided to hold their bitcoins rather than immediately trade it.
Mental and emotional challenges on which you would really be needing to sustain or something that you do really need to control up yourself because once you do make yourself that not be able to having that control then you would really be ending up on making bad decisions.Holding might really that easy as it sounds but its not something that you could really be able to do so so easily when you are on the actual condition or situation.
Its not really that a smooth journey on which there would really be tons or lots of factors on which it would really be affecting you when you are just simply holding.
There would really be those people who would be changing up their entire decisions on the time that they would be experiencing problems.
If you are someone who are really that easily get affected with fuds and hypes then you are really that susceptible when it comes to these kind of possible change
of plans or sudden decisions.