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Author Topic: What makes it possible to hold tight to your portfolio without selling.  (Read 593 times)

Offline robelneo

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Re: What makes it possible to hold tight to your portfolio without selling.
« Reply #15 on: February 28, 2024, 05:58:22 PM »


2: Depending on Bitcoin investment as the only source of income. If an individual decides to quit their job and invest all their life savings and the entire salary into Bitcoin, how then can they get the money to spend on their financial needs? It therefore becomes very important for an individual to have other streams of income so that when any need arises, they will not have to sell their Bitcoin but would rather spend from their salary or from the earnings they make in their business.


I agree with this one I have friends who invested heavily in Bitcoin and they rely on all their expenses on their investment, and when the bear market happens they have no choice but to sell at a loss their portfolio, if you don't want to sell its important that you have your own business or stable job so you can keep your portfolio and you can HODL until it until the bull run, where you are likely to make profit.
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Re: What makes it possible to hold tight to your portfolio without selling.
« Reply #15 on: February 28, 2024, 05:58:22 PM »

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Offline IvugeoEvolutionCoin

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Re: What makes it possible to hold tight to your portfolio without selling.
« Reply #16 on: February 29, 2024, 09:31:59 AM »
I agree with this one I have friends who invested heavily in Bitcoin and they rely on all their expenses on their investment, and when the bear market happens they have no choice but to sell at a loss their portfolio, if you don't want to sell its important that you have your own business or stable job so you can keep your portfolio and you can HODL until it until the bull run, where you are likely to make profit.
This is what is meant by not being able to control one's emotions and manage one's financial condition. When one has the courage to invest in Bitcoin, one must understand the risks involved and remain optimistic about holding Bitcoin until the price rises again, as it is now, if the economic conditions are not good. If not, then it's better to look for a job and forget about Bitcoin; don't touch Bitcoin at all so that when the price rises, you still have a chance to make a profit.

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Re: What makes it possible to hold tight to your portfolio without selling.
« Reply #17 on: February 29, 2024, 12:29:58 PM »
I agree with this one I have friends who invested heavily in Bitcoin and they rely on all their expenses on their investment, and when the bear market happens they have no choice but to sell at a loss their portfolio, if you don't want to sell its important that you have your own business or stable job so you can keep your portfolio and you can HODL until it until the bull run, where you are likely to make profit.
This is what is meant by not being able to control one's emotions and manage one's financial condition. When one has the courage to invest in Bitcoin, one must understand the risks involved and remain optimistic about holding Bitcoin until the price rises again, as it is now, if the economic conditions are not good. If not, then it's better to look for a job and forget about Bitcoin; don't touch Bitcoin at all so that when the price rises, you still have a chance to make a profit.
Never force yourself if you want to invest, because it will make you lose. Investing in bitcoin is a very good thing, but if it is done the right way, but if we force ourselves then we might experience something bad.

Even if our finances are in good condition, but don't even think about investing entirely. Because when the red market happens, then we must be ready with everything. We will certainly have daily needs, it must be prioritized, do not let something we do even become a threat to us.

Offline Jamal Aezaz

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Re: What makes it possible to hold tight to your portfolio without selling.
« Reply #18 on: February 29, 2024, 05:28:39 PM »
1: lack of proper knowledge about Bitcoin technology and also lack of Bitcoin investment knowledge.

If you have knowledge then you will not be effected by lower movement but you will wait for accurate timings to sell your assets but if you don't gain any knowledge and directly dive into crypto trading and investment then you will panic when price goes down.

Even some people don't know that when to buy and when to sell so they often get confused during Fluctuations. I think If they cannot wait more and more then plan a target so it will help them to make decision when their target is achieved.
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Offline MUGNIA

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Re: What makes it possible to hold tight to your portfolio without selling.
« Reply #19 on: February 29, 2024, 06:19:55 PM »

This is not recommended, even with your own relatives, because the term loan will have a maturity period from the initial agreement when it will be repaid. We are lucky if the value of the coins we invest increases. Otherwise, we will experience a loss instead of the profit we expected before, it is better. investing in small amounts but cold money, it's useless to invest large amounts but the results from loans are far from profitable (just my opinion based on personal experience)

Moreover, a situation may also occur when the value of the coins we invest does not increase or stands still in a flat, for example, but also falls or corrects. But interest on the loan and the loan still need to be repaid every month. And here you need to look for additional money to pay off the loan.
So, this is something that beginners who have just joined crypto must really pay attention to, the risks of borrowing money to buy crypto,
Not profits but losses and pressure always come to us, we become stressed thinking about loan interest

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So, this is something that beginners who have just joined crypto must really pay attention to, the risks of borrowing money to buy crypto,
Not profits but losses and pressure always come to us, we become stressed thinking about loan interest

Yes, if you are constantly stressed, then such investing cannot continue for long. There should be stability in the growth of the price of cryptocurrency, as well as the stability that credit institutions require to repay their loans. Do you have it? Of course not. Therefore, you only need to invest your own money and not your last. After all, you will have to wait a long time for profit. This is a long term investment.
« Last Edit: March 01, 2024, 11:45:55 AM by Garden »
I trade at FXOpen

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