01-07-2022, 03:14 PM
It's easy to say "HODL" in the middle of the bull market but where are you now?
<!-- SC_OFF --><div class="md"><p>I admit I'm very disappointed with the posts I've read in the last few hours, they seem to be written by a bunch of frightened chickens. The worst part is not that you are panicking but that you want to drag others along with you as well.</p> <p>It is very easy to make money in a bull market as practically everything is up, the real challenge comes when prices start to go down and meme coins fall like flies.</p> <p>If you are panicking now, you can use this period as a lesson and ask yourself what are you doing with your money, why did you buy and with what purpose. If you can't answer these questions, take a break and do it because no one will do it for you.</p> <p><strong>EDIT</strong> for those who keep saying that it is much easier to hodl in a bear market because there are no profits to take; I am aware of that and you are right. However, keep in mind that there are those who cannot manage a bearish movement and prefer to "cut their losses" and it is often the result of FOMO buying.</p> <p>​</p> <p>Good luck to all</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dragon6_"> /u/Dragon6_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxhz85/its_easy_to_say_hodl_in_the_middle_of_the_bull/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxhz85/its_easy_to_say_hodl_in_the_middle_of_the_bull/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I admit I'm very disappointed with the posts I've read in the last few hours, they seem to be written by a bunch of frightened chickens. The worst part is not that you are panicking but that you want to drag others along with you as well.</p> <p>It is very easy to make money in a bull market as practically everything is up, the real challenge comes when prices start to go down and meme coins fall like flies.</p> <p>If you are panicking now, you can use this period as a lesson and ask yourself what are you doing with your money, why did you buy and with what purpose. If you can't answer these questions, take a break and do it because no one will do it for you.</p> <p><strong>EDIT</strong> for those who keep saying that it is much easier to hodl in a bear market because there are no profits to take; I am aware of that and you are right. However, keep in mind that there are those who cannot manage a bearish movement and prefer to "cut their losses" and it is often the result of FOMO buying.</p> <p>​</p> <p>Good luck to all</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dragon6_"> /u/Dragon6_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxhz85/its_easy_to_say_hodl_in_the_middle_of_the_bull/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxhz85/its_easy_to_say_hodl_in_the_middle_of_the_bull/">[comments]</a></span>Kind Regards R