04-02-2021, 10:12 AM
HOLDING Doesnt Always Work??? "Sound Advice" doesn't always work either.
<!-- SC_OFF --><div class="md"><p>We hear "Sound Advice" way more than we need to. </p> <p>The cold truth is that traditional sound advice doesn't hold a candle ?️ next to holding.</p> <p>Many people who get into crypto start off with rags. $100-$1000. I started off with rags too. Late 2016 with $500.</p> <h3>Sound advice such as...</h3> <ul> <li><p>"Shave off the top" every so often</p></li> <li><p>"Take back your initial investment" when its up 2-5x</p></li> </ul> <p>That advice isn't <strong>RAGS TO RICHES</strong>.</p> <p>It's not. Sounds investment advice works for substantial initial investments $10,000-$100,000+</p> <p>But the reality is that most people have less than a thousand to start off. </p> <h3>Take your initial back after 200-300% ROI?</h3> <p>Continue to shave off the top for passive income???</p> <p>Go ahead.</p> <p><strong>What's that? You were able to buy a $1000 Iphone with it? That's cool</strong>. </p> <p>I guess you were also ok with a possible 100x on your initial getting chopped down to a 30x?</p> <p>and now instead of going LAMBO, you only went DOWN PAYMENT LAMBO.</p> <h3>but but but...</h3> <p>You never know you can be holding something that tanks and if you don't take back your initial, you can lose it all.</p> <p>THEY DONT KNOW EITHER!</p> <h3>That's the name of the game...</h3> <ul> <li>You don't know</li> <li>they don't know</li> <li>nobody knows.</li> </ul> <p>But you'll never turn RAGS to RICHES if youre not holding anything </p> <p>Most people aren't in a country where $1000 buys more than a years worth of food. No, we are in countries where $1000 doesn't even cover rent for a month </p> <p>Little $1000 here or there isn't going to change your life. It's rags. </p> <p>Think about something called Time. </p> <p>It's a great concept...</p> <p>IF YOU HOLD JUST ABOUT ANYTHING NOW, Pass it down to your descendants...in 100-200 years it's going to worth more.</p> <p>Anything from 200 years ago has gone up in value. Guns, books. Especially bibles. Totally bullish on bibles. What a perfect combo that represents our history... Guns, and Bibles. .</p> <p>Even iIf you kept a body in ice that long ...it would be in a museum. For Medical studies it's worth a fortune.</p> <p>Even Tulips. If YOU contained a tulip from the Tulip craze in 1636... It would probably be worth $1,000,000.</p> <p>Even if Bitcoin drops dead now... In 200 years if you had one, it would be antique. A significant moment in history captured.</p> <p>Yeah so HOLDING works more times than it doesn't.</p> <p>HOLD </p> <p>(Not investment advice)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/JuicySpark"> /u/JuicySpark </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mibqfv/holding_doesnt_always_work_sound_advice_doesnt/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mibqfv/holding_doesnt_always_work_sound_advice_doesnt/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>We hear "Sound Advice" way more than we need to. </p> <p>The cold truth is that traditional sound advice doesn't hold a candle ?️ next to holding.</p> <p>Many people who get into crypto start off with rags. $100-$1000. I started off with rags too. Late 2016 with $500.</p> <h3>Sound advice such as...</h3> <ul> <li><p>"Shave off the top" every so often</p></li> <li><p>"Take back your initial investment" when its up 2-5x</p></li> </ul> <p>That advice isn't <strong>RAGS TO RICHES</strong>.</p> <p>It's not. Sounds investment advice works for substantial initial investments $10,000-$100,000+</p> <p>But the reality is that most people have less than a thousand to start off. </p> <h3>Take your initial back after 200-300% ROI?</h3> <p>Continue to shave off the top for passive income???</p> <p>Go ahead.</p> <p><strong>What's that? You were able to buy a $1000 Iphone with it? That's cool</strong>. </p> <p>I guess you were also ok with a possible 100x on your initial getting chopped down to a 30x?</p> <p>and now instead of going LAMBO, you only went DOWN PAYMENT LAMBO.</p> <h3>but but but...</h3> <p>You never know you can be holding something that tanks and if you don't take back your initial, you can lose it all.</p> <p>THEY DONT KNOW EITHER!</p> <h3>That's the name of the game...</h3> <ul> <li>You don't know</li> <li>they don't know</li> <li>nobody knows.</li> </ul> <p>But you'll never turn RAGS to RICHES if youre not holding anything </p> <p>Most people aren't in a country where $1000 buys more than a years worth of food. No, we are in countries where $1000 doesn't even cover rent for a month </p> <p>Little $1000 here or there isn't going to change your life. It's rags. </p> <p>Think about something called Time. </p> <p>It's a great concept...</p> <p>IF YOU HOLD JUST ABOUT ANYTHING NOW, Pass it down to your descendants...in 100-200 years it's going to worth more.</p> <p>Anything from 200 years ago has gone up in value. Guns, books. Especially bibles. Totally bullish on bibles. What a perfect combo that represents our history... Guns, and Bibles. .</p> <p>Even iIf you kept a body in ice that long ...it would be in a museum. For Medical studies it's worth a fortune.</p> <p>Even Tulips. If YOU contained a tulip from the Tulip craze in 1636... It would probably be worth $1,000,000.</p> <p>Even if Bitcoin drops dead now... In 200 years if you had one, it would be antique. A significant moment in history captured.</p> <p>Yeah so HOLDING works more times than it doesn't.</p> <p>HOLD </p> <p>(Not investment advice)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/JuicySpark"> /u/JuicySpark </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mibqfv/holding_doesnt_always_work_sound_advice_doesnt/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mibqfv/holding_doesnt_always_work_sound_advice_doesnt/">[comments]</a></span>Kind Regards R