"If you can't hold, you won't be rich!"
-CZ Binance
I saw this on a facebook group Binance for Beginners while I was browsing on my news feed. I'm sure you also encounter this quote in twitter. This can apply to any coins that you have. Once you become a hodler, you will see how powerful this can be.
I started hodling my Bitcoincash last year exactly at October 9, when I read Eybyoung's article about how to escape the volatility of Cryptocurrency. And because I don't have a use yet on my earnings here in read.cash, I decided to transfer all of it on Bitcoin.com wallet.
And this is one of the right decision I have ever made. The price of Bitcoincash that time was $260+ I think, can't remember the exact amount but it was on $200+. I tried first thr half amount of my overall earnings and when I receive it, I observe it for a day and when I gain a profit of $1+ the very next day, I send all of the remaining funds on coins.ph wallet
And this is where I started my Journey with Bitcoincash and read.cash and as a hodler. And I still am until today, and I plan to hold it until the price of Bitcoincash hit another All Time High. If you are a hodler of Bitcoin way before 2011 where the price jump at $1 then you'll be a billionaire now if ever you bought a thousand of Bitcoin.
But, if you're the impatient one who's afraid of the sudden dumps of coins then you'll never gonna make it. But if you're a hodler who's not afraid to take the risk then congratulations, you'll gonna get more than what you invest on this coin. Just like Bitcoincash, what if you buy this coin last year at the price of $260? What if you buy 1000 Bitcoincash that time and hodl it until today? Then your $260,000 capital would be $900,640 now. Imagine it pal that would be heaven.
See, that's how powerful this HODLING is. Buy, hold, wait and earn. But if you're planning to Hodl your earnings for a long time. Then choose the wallet where you own the keys and not those exchanger which is very not safe. You can put some funds in exchanger waller but don't put it all in one, and write down your seed phrase.
April 2, 2021 the current price of Bitcoincash is at $554.77. I have a total of $709.32 minus the $200 I stake on Binance so that should be $509. I just hodl the rest and wait patiently and I will wait for more even if it takes another year to reach whatever price Bitcoincash may hit. Or just until it pass the highest ATH of Bitcoincash which is $3700+.
And then today, since Bitcoincash is continuously pumping. You can see the result of it while hodling my Bitcoincash on my wallet. See the difference, this is really cool. Imagine just hodling your coins in your wallet while you are sipping your coffee in your racking chair. And you're funds will grow on it's own.
And if ever that Coins dumps drastically, worry not. Because it won't dumps into zero, tho there's a chance thet it drops until $0.004656, lol.
Or you can do this, I learn this from Senpai Eybyoung's article. You can sell some part of your BCH hodlings once it gain profits. Just sell the profit and leave your capital. Don't sell it all, just wait and hodl. And once the price drops then buy again some BCH that's easy right? Visit her article about for more info: Buy & Sell (Spot Trading)
HODL guys, as in Hodl on for Dear Life!
Recent Article
Achieving a goal is hard if you don't have the will to achieve it. So, why not add this goal into you LIST? If you are in read.cash or noise.cash then doing it is not that hard. Save every tip of BCH that you will receive in read.cash and noise.cash them HOLD it. BE ONE OF US AND TOGETHER WE WILL ACHIEVE IT. We💚BCH
Read this to Start!
April 16, 2021
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I'm totally agree with u my friend.I also think that if we don't hold we can't be rich. So we have to keep holding as much as possible.Because one day the price can be raise so we can get much more benefit from that holding as well 😇😇 holding is the best option mate 😊🥰