How long should i hodl?
Its quite funny when you thought you are buying the dip and it dips even more dipper,...then you begin to ask yourself why can't just hold on, i think now it can't go dip again let me buy more in the process you are losing money but at the same time you are telling yourself to be patient give it more time, maybe some years and you will make profits but then again, there are people like me out there who have no specific source of income so to speak, we only make our incomes from cryptos.
While some of us also got engaged in forex trading but whatever we make out of this, we still convert and buy more coins.
- For instance we all watched #bitcoin gone pass $50k, while I was not even thinking of selling, because i see it mooning $100k but just when we are hoping it took a downward trend and went below $20k and still not fully recover till date.
I have seen #hive gone $0.9 this year, but went down some few weeks ago to $0.17 and now at 0.3.
We all don't want to miss out #FOMO (fear of missing out) and don't want to panic sell, and here we are...
To be honest, Whats the essence of investment, if not to make profits and more profit. And its very unfortunate people even sell dip, like you just have to sell even when one is on loss the same way i did when the need arose.
And i was just here thinking out loud, want to know for how long one have to #hodl. Should one just be smart and sell immediately it pumps or practice patience while you continue to hodl or continue to buy the dip and if you keep buying, the money could be exhausted and when do you start to sell?
I sincerely hope i will get some response especially the cryptos genius because as it may be I'm still a newbie as far as crypto is concerned,
Even after using different models to forcast and predict from cryptos expert no one can still predict precisely
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