Hodling isn't always the way

Yes buying and holding a long term position is the safer method and generally is healthier for us long term, but also don't be afraid to take profits when you have made a solid gain.

I bought into neo when it was still antshares at 6bucks, my roommate and I bought shiny new ledgers, plopped our tokens on and hid them away. We even changed our psn gamertags to "hodl ______"

It hit 50 and we were ecstatic but also unflinching. It hit 100 and I was thinking about potential house down-payments, or maybe money for grad school, it closed in on 200, and I was thinking early retirement

And then it crashed

The money I had invested was not much and I of course could afford to lose it, but the lost profit definitely put me in a funk for a long time, and to this day it is still one of my biggest regrets. All the what ifs, if I'd sold even half at its peak instead of just day dreaming.

So I'm sure I speak for many here when I recount my sob story of cryptos gone by. And just say that every strategy has its pros and cons, but hodling until you die isn't necessarily the best or only course of action.