hodl

Why you should consider HODLING over Trading?

By cryptarter | Cryptos for Newbies | 16 Mar 2021


Hi folks, it's been a while, I hope you are all doing pretty amazing. What coins/tokens/assets do you hodl at this moment?

Well, I decided that I wanna share a quite embarrassing and resentful moment here in crypto space. Yeah, all know that we are in a bull market and every asset shoots through the ceiling to the sky and some lands on the moon and yes this is a thrilling and exhilarating experience a crypto fanatic could not afford to miss. Many people have created fortune, thanks for the opportunity brought by this bull season but not all are winning. Some of my friends and GC members we have are losing despite this market condition, I do not know to them. geeez

My story is a typical "Sayang" (regretful) moment. Back in the summer of last year I have decided to accumulate BNB and set 50BNB as a target so I can participate in Binance's airdrops and launchpad's activities. You know that 50BNB is the minimum requirement to get these free tokens they are giving to the user right. I have managed to stack up to 100BNB in my determination. I have this solid belief in my heart that this BNB token will play a vital role in the future of crypto.

 

And I was right. I got very excited watching BNB price climbs early this year 2021. From an average of 30usdt, BNB managed to get up to 300usdt, and wow that was x10 to all investors who bought their shares during the time I was stacking mine right? So you must be thinking that I got a huge buck of bucks but NO!!!.

Because I was too cautious and emotional, I forgot that I knew how valuable BNB is. I over-traded the asset and had SUCCESSFULLY sold almost 90% of my BNB holding below 100usdt. Oh No!!! to make things even worse, I was down to my last BNB @ an exchange rate of 150usdt. 

 

So yes, the moral of the story I guess is to believe in your intuition. I got carried by the previous sightings I had on the chart of other tokens before that upon rallying to x3 to x5 they went back to the Earth from the Moon. Now BNB stays above 250usdt and I hold a little amount only sufficient to cover my trading fee on Binance. Hahahaha. So I guess that's it.

 

Yes, I know SOME of you share the same story as mine, share that "Sayang" moments in the comment section. Thank you! 

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cryptarter
cryptarter

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Cryptos for Newbies
Cryptos for Newbies

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