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I can see why it's almost impossible to hodl though multiple cycles

Bitcoin Reddit

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There seems to be an endless amounts of:

  • FUD

  • Anti bitcoin articles

  • Shitcoins to tempt you away from btc

  • Huge price swings

  • China/India/country x ban

  • bitcoin is a massive speculative tulip bubble

  • bitcoin will destroy the environment

  • massive hate from no coiners

I have huge respect for hodlers that have held through one cycle, let alone multiple cycles. These people really deserve their gains.

I certainly wouldn't have been able to do it.

These things certainly test your conviction and ultimately wears you down into selling.

Yes I know we've seen it all before, but maybe this time out it will be different and bitcoin will really go to zero.

Either you would have sold because:

  • it went up x amount and you would have taken profits
  • You fell for some FUD or anti btc article
  • You sold during one of the bear markets or one of the corrections
  • You sold to buy a shitcoin because it had "better" technology

It would have taken massive conviction to have held on during all of those things

submitted by /u/cherrytoffee
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