I am definitely not the right person to write an article about this, but since this topic has always been in my mind for weeks, I guess it's time to let it all out. Besides, I'm always up for corrections, so feel free to write down all your negative reactions.
Anyway, since I'm not a successful HODLer yet, everything that you are about to read is mainly my point of view. Everything is based on my observation and personal experience too. So without further ado, here are SOME of the factors to become a successful HODLER:
You need time to become a successful HODLer. Time to learn the basics. Time to explore the ins and outs of different wallets/exchanges. Time to apply what you have learned. Time to talk to different crypto enthusiasts about what's hot and what's not trend in the crypto space.
Time is, indeed, gold! If you don't have time, you won't learn any of these. No matter how eager you are to learn, it will be useless if you don't have enough time for it.
Another key to becoming a successful HODLER depends on your determination. Assuming you have all the time in the world, but you are not that determined to learn even the basics of the basics about the crypto space, in the end, you'll still end up empty-handed.
We all know in the crypto space, there are so much to learn, so many terminologies to remember, so many strategies to apply, and if your level of determination is kind of weak, then sorry to say this, but I don't think you would survive this.
Whether you're dealing with crypto or other things in life, you must at least knowledgeable enough about the subject.
In crypto space, your knowledge is like your armor while everything related in the chart is your enemy. You can never win a battle if you don't have the proper armor to shield yourself against your enemies. You will keep losing the battle if you don't know what strategy to take or when or how to strike best. As they say, knowledge is power!
You have time and determination but not with the right people, then I'm certain that your journey to your dream of becoming a successful HODLer won't be that easy; not to mention that it's going to be a boring one.
Having the right people will give you more inspiration to do better every day. We all know that HODLing a coin is never easy, especially if there is temptation everywhere, the price is dumping, people start to discourage you, and more. With the right people, you will feel more secured, inspired, and motivated. That's why if you want to be a successful HODLer, pick the right people wisely.
Some HODL to become rich. Others want to save some coins that they can convert into fiat in case of emergency or for their basic needs.
Every one of us has different reasons why we HODL. Regardless of what reason you may have, having a goal is what keeps every HODLer to stay in the game and focus on the game no matter what.
From the acronym itself, Hold On to your Dear Life, it means a HODLer holds its coin and guard it with his/her life until they finally reach their goal. Having a goal to achieve will also add more fuel to your soul.
If you think I won't mention #Club1BCH, then you're wrong! Aside from the right people, you also need the right club to give you more inspiration.
#Club1BCH was created to inspire, motivate, educate, and support anyone who wishes to HODL and aim to reach 1BCH or more this year. So far, #Club1BCH has already gained 639 members on noise.cash's chamber and is a trending topic on read.cash as well.
Co-founded by two great minds, @PVMihalache and @Eybyoung, #Club1BCH is now the most talk on both platforms, and soon, it will be all over the Internet and the entire world!
So if you want to become a successful HODLER this year, you should at least have these factors first.
Love this! A good article for people who want to hodl and lack of determination and motivation. Let me share this on noise.cash💚