Post
Topic
Board Economics
Re: #HODLing is not a smooth journey
by
ancafe
on 02/02/2024, 04:04:41 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.
Holding talked about how someone has a strong mentality and is not affected by events that make Bitcoin experience price shocks. But now many people are starting to realize that Holding is one way to make big profits on bitcoin. This method plays a sharp psychological role and the only people who can survive are those who really understand the bitcoin journey process.

Conditions of market chaos caused by market sentiment (FUD) can affect people's mentality so that they look for loopholes in cutting losses in conditions of decline caused by panic. In fact, the key to Holding is just to be calm and wait until the price reaches what we want, or in other words, wait for the next ATH.

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?
Maturity grows after we go through many things and it is rare for people to be mature if they are not directly involved in bitcoin. Because when we are in it there are many things we witness and any event will mature our thinking to continue to develop. Buy and Hold bitcoin because we will be winners and that is how people invest.