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March 7, 2021 | Sunday
Theirs advantage in hodling BCH and the other crypto
1. You learn how to save
In hodling, we can also learned how to save your money. Unlike when your money is in your hand, if you see some beautiful things or even yummy food, you can spend it easily because you just give the money in the seller then done, Your money spend. But if you hodl it, if you want to buy something, you need to withdraw or cash out the money before it's goes to your hand. It's also takes an hour if you withdraw it so you cannot easily spend it because you need to wait before you buy so
2. buy load easily
All we knows that the other store that selling a load have added 2-3 pesos or sometimes 5 if you buy 100+. But if you have balance in your wallet you can buy a load easily even it's midnight already and you don't need to awake the seller in just buying a load.there's also no added 2-3 pesos too. In buying load in online, the others have discount too, like in the app in coins.ph. we have 10% discount so if you buy 50 load, the money only get is 45 pesos only so you save 5 pesos.
3. earn profit in just hodling
In hodling it, we can earn some profit in just waiting. in just waiting for the pump of the cryptos, you can earn some profit. I'm not saying that every day you can earn profit because it's depends in the price of the cryptos. If the cryptos pump, of course your money will pump too and get some profit for that. But if the cryptos dump, of course your money will be dump too.
4. our emergency used
In hodling a cryptos too, if we need money and that is emergency, you didn't need to problem how to get a money because you have a savings that you can get any time anywhere. If we have a financial problem, you can easily withdraw it and you didn't need to borrow to the other people and when you withdraw it theirs no interest too unlike you borrow to the others, some have interest a 100 pesos or 1000+.
5. easily manage your money
If your all money is in your hand, theirs possible that some bad person get your money in your pocket and run. But if your money is not in your hand, theirs lesser possible to get your money because they know that you don't have money. In hodling BCH too, you can also see your money every time and you can manage it too. You can also track the money you spend and added because theirs transactions history.
Thanks for reading. I hope you like itππ
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jackie bata, nice topic. point taken. all you said here is true. so yeah, let's hodl bch!