If you are new in the cryptocurrency ecosystem you might have not known what the world Hodl and Sell means when it relate to crypocurrency. Nonetheless, cryptocurrency is a continuous learning place. You should bear it in your mind that learning is endless in this ecosystem. As per the old hands in the crypocurrency ecosystem they should have come across what the world Hodl and Sell means when it comes to the crypocurrency ecosystem. Despite being a hold and new person in the crypocurrency ecosystem we all should be open to learning. The knowledge you will get from learning is something you will forever be grateful for. This is the simple fact why I made a post separately to discuss about why learning is important in the crypocurrency ecosystem. If you go through that post you will see where I hinted that with the skills you learnt or acquire from the cryptocurrency ecosystem you will be able to move amazingly well as time progresses.
The world Hodl and Sell has been there ever since the great Nakamoto Satoshi invented cryptocurrency and blockchain to the entire world. With his presence not properly felt I am so happy that alot of person's were able to spot opportunities in what he created, they simply embraces cryptocurrency very fast and that has impacted their lives perfectly and positively. There is nothing sweeter than being early to a good and promising opportunities, you will be able to tap from the anointing that such project carries along the line. Many of the whales you are seeing in the crypocurrency ecosystem today came here with nothing, but because of the way they were able to embrace cryptocurrency so fast, they were able to tap from the anointing just like what I hinted above.
As per those who still don't know what Hodl and Sell means when it comes to cryptocurrency permit me to share my little knowledge. Let me beging with Hold. Hodl simply means Hold on for dear life. This simply means to believe in a particular coin or token and as per such you decided to hold that token for a long duration of time irrespective of the outcome. Take for instance they are some person's who will buy a coin and dump it immediately or the moment they started seeing positive or negative thing about that project. They don't in any way believe in that project but they are part of the system. It is just like saying you have friends and you have core friends. The difference is that they are some that will stand by you no matter what why they are some that are there just for being there. They are there to eat and run away. Holding for dear lives comes with so many commitment as they are going to be countless challenges along the line especially when you see that the opportunity to sell and make good amount of money is there but because of how committee and dedicate you are towards the project you never took that options or decisions seriously. Remember that while taking this decisions it is either it will yield a positive or negative result for you deep along the line as time progresses.
Selling on the other hand as the name implies when it comes to cryptocurrency is to sell your crypocurrency asset. Remembers that when it comes to crypocurrency it is either you are going to get a possible feedback from your decisions or a negative one. This is why when it comes to decisions making when it comes to crypocurrency you have to make sure that you are careful while doing that. Just like what I hinted above what ever decisions you make you should bear it on your mind that it is going to be negative or positive as time progresses. Just like holding, when it comes to cryptocurrency selling simply means you are selling to gain or loose. Many people buys into crypocurrency project just because of the reward involves while some buy into that cryptocurrency project just for the love of the community and also to support the project. Those with those core love hardly sells their token but those whose interest is to eat immediately from the project never sees beyond that as they can sell no matter the value of that coin.
I believe with this post I have been able to speak little about what I knows about when it relates to Hodl and Selling. It is now left for you to understand the message that I just shared as both Hodl and selling especially when it comes or relate to cryptocurrency is very vital.
Mind you, if you have anything to contribute you can comment under this post.
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Hodl and sell are indeed fundamental principles in the cryptoverse. You have the hodl your crypto assets during bear markets when everything seems to be crashing down. When the bull comes, it's a wise decision to sell the asset and take in some profits. Investing 101.
greetings @ tfame3865
These are fundamental elements that we must learn to operate in the crypto world and it will depend on us to use them in the right way as we plan strategies.
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Nice..
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