Post
Topic
Board Beginners & Help
Re: I have to hold on tight
by
Solokan
on 29/02/2024, 13:52:01 UTC
I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

I don't know if you are still holding till this moment or not but if you're still holding, congratulations, you already made x3 of your investment with current price of $62k+. The key tips to remain strong and be able to hold for long is by using affordable money that you won't have problem losing it to invest and Secondly, is to have a goal for your investment. If you practice these too before investing, you won't be bothered about every market trends and movement unless you reach the target (goal) set. If you invest with money that you can afford to lose, the ups and downs of the price will not scare you to sell at the wrong time even when you have not reach your target due to the fear of losing the entire money.
Until now I still hold it with enthusiasm because I see the price of BTC which has gone up high, but yes it is not easy to hold my BTC until now and after seeing and learning a lot from members of this forum I am again enthusiastic about holding BTC for the long term and I want to hold my btc until the Bull run later.

Thank you friend for providing useful tips and yes, fortunately I bought BTC using money that was ready to be lost so every time there was an ups and downs in the price of BTC it made me not afraid because I invested with money that was ready to lose. Yes, I agree, that's good advice, my friend and I always apply that system, namely not forgetting the investment objective because forgetting the investment objective will make us tempted by small profits or profits that are not according to plan.

Thank you friend for your congratulations.