Trading or HODLING just HOLD your coins my own experience

in #bitcoin3 years ago

Hi all,

I am already invested in this market for almost 3 years now and boy this is one hell of a ride.
I first just started to buy bitcoin then exchanging them for some altcoins because then bitcoin was mostly pegged. To bad I just didn't hold the btc I bought.

What did I then buy it for?
I bought the more hyped and the more potential coins.
ADA had big potential bought 10000 of them when they were like 12 cents.
ETH bought like 5 of them
LITECOIN bought like 20 of them
ELECTRONEUM bought like 66000
and still had some bitcoin left.

If I was not so stupid trading them for small gains and just HODL them I would be one lucky bastard.
I luckily held on longer to LITECOIN when I bought them around 35 Dollar but all the rest sold to soon.
With Electroneum I sold back for BTC with a BTC loss bought around 200 satoshi sold for 100 but hey in the end dollar value went up but who cares ;-)

So I could have ended up with 30 000 40 000 50 000 thousands more.

Even recently I just don't learn from my mistakes.

Bought Matic when they were like 35 cents guess what when I sold 2 weeks later x4
Bought Avalanche when they were like 11 dollar guess what when I sold 2 weeks later x4
and this to have small quick gains of 150 dollar.

Luckily I bought some dips from BTC and HODL them, I believe most in BTC.

So stop wasting your time trading most get wrecked or got lucky for me it was in between.
Won't be trading that much anymore as I don't see many potential coins, being more BTC maximalist.

Will sell my stablecoins for more Btc normally. And then enjoy my life without stress come back end of year and overview my portfolio again.

What do you think about trading and holding your coins for the long run?
What is your grand Crypto plan?

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I'm definitely hodling ;)
I have only made a small invest in BTC 2 years ago, when the price was about 10000$. Else i have claimed through faucets and bounties. Made a cool bounty campaign where i get ~2.5 ETH which where worth about 300$ then. Now they make the biggest part in my portfolio. Got also ~1000 XML for a bounty, i hope they will rise to the moon :D Besides that two coins, BTC makes the second biggest asset in my portfolio, but i don't even have a full BTC. Through the Doge-relly of Elon Musk i made 150$ out of doge which i invested in BTC and also converted my AR to BTC, which i have left over of that bounty with the ETH. Again ~100$ more in BTC :)

I don't know, how long i will hodl. Definitely a few years, but i have no exit plan strategy. Just hodl until i need them xD

Indeed I even forgot to mention I had some XLM and XRP haha. Just HODL the coins that will give the most profit.
BTC when taproot will be in place why need other platforms...