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It's easy to say "HODL" in the middle of the bull market but where are you now?

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by COINS NEWS 169 Views

I admit I'm very disappointed with the posts I've read in the last few hours, they seem to be written by a bunch of frightened chickens. The worst part is not that you are panicking but that you want to drag others along with you as well.

It is very easy to make money in a bull market as practically everything is up, the real challenge comes when prices start to go down and meme coins fall like flies.

If you are panicking now, you can use this period as a lesson and ask yourself what are you doing with your money, why did you buy and with what purpose. If you can't answer these questions, take a break and do it because no one will do it for you.

EDIT for those who keep saying that it is much easier to hodl in a bear market because there are no profits to take; I am aware of that and you are right. However, keep in mind that there are those who cannot manage a bearish movement and prefer to "cut their losses" and it is often the result of FOMO buying.

Good luck to all

submitted by /u/Dragon6_
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