07-24-2021, 03:31 AM
Why HODL is the best strategy?
<!-- SC_OFF --><div class="md"><p>Let me tell you about my journey. I heard of bitcoin in 2013 via a computer nerd friend. he was so hyped about it and told me to buy just a 100$ worth of it. I was going to buy but it wasn't as easy as now back then to buy crypto had to transfer my hard earned money through some places and i lost the hype thinking about the fees.</p> <p>He kept telling me how bitcoin is going and after like 2 months i was glad i didn't buy. it crashed from 200 bucks to 80. i was telling him to not spend too much money on it and its just like gambling.</p> <p>After like 3 or 4 months BTC broke 1000$ and that is when i bought. People were telling "you will never gonna find btc below 1k, its your last chance!" i fomod in and bought 5 BTC at that price. not so long after that it crushed below 600 and i was panicking. asked my friens whats he doing. turns our he wasn't even checking the chart. told me to stay calm and hodl.</p> <p>i was trying to stay calm. and try to imagine i lost that 2k gambling. i decided not to check the chart ever and do what my friend tells me from now on. His first instruction to me to buy BTC again at 300$ i did what he said. after a while our plan was just to buy BTC whenever it goes below 5k. and im glad we did that.</p> <p>Still holding to this day.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/udemygodx"> /u/udemygodx </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/opzgjt/why_hodl_is_the_best_strategy/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/opzgjt/why_hodl_is_the_best_strategy/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Let me tell you about my journey. I heard of bitcoin in 2013 via a computer nerd friend. he was so hyped about it and told me to buy just a 100$ worth of it. I was going to buy but it wasn't as easy as now back then to buy crypto had to transfer my hard earned money through some places and i lost the hype thinking about the fees.</p> <p>He kept telling me how bitcoin is going and after like 2 months i was glad i didn't buy. it crashed from 200 bucks to 80. i was telling him to not spend too much money on it and its just like gambling.</p> <p>After like 3 or 4 months BTC broke 1000$ and that is when i bought. People were telling "you will never gonna find btc below 1k, its your last chance!" i fomod in and bought 5 BTC at that price. not so long after that it crushed below 600 and i was panicking. asked my friens whats he doing. turns our he wasn't even checking the chart. told me to stay calm and hodl.</p> <p>i was trying to stay calm. and try to imagine i lost that 2k gambling. i decided not to check the chart ever and do what my friend tells me from now on. His first instruction to me to buy BTC again at 300$ i did what he said. after a while our plan was just to buy BTC whenever it goes below 5k. and im glad we did that.</p> <p>Still holding to this day.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/udemygodx"> /u/udemygodx </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/opzgjt/why_hodl_is_the_best_strategy/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/opzgjt/why_hodl_is_the_best_strategy/">[comments]</a></span>Kind Regards R