The Power Of Hodling Or A Case Of Luck

A man invested $1.5 Million in Ethereum in 2016, today that value is worth over $250 Million,Luckily for that person they have been hodling and have never sold. That is the beauty of hodling, it’s like a child, that you invested in when it’s a baby, then they grow up but you don’t notice it instantly because you watched them grow, but when you look back at how big they have grown and how far they have come, that is when you notice how time has passed. This is just like for a person who is hodling and constantly checking their wallet to know how much gains they have acquired without actually focusing on the gains.

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Then there is a different phase of having a child but not being with the child for so long, this way the next time you see the child, you are extremely surprised by what you see and how big they are now. This can be related to how a crypto investor feels when they hodl without checking the value of their assets over the years. They come after some few years and boom! They meet the tokens worth millions. But this is only possible with good coins with good use case, not a shitcoin, but the attention is not focused on Shitcoins right now.

Hodling takes a lot, it’s a lot of sacrifice and a lot of patience, you have to withstand the temptation of selling in the Bull market, because you are in profit and you are not sure how long it will last. The bear market also comes with its temptation to sell off also because you are scared that you might lose your money because of the huge loss the market is experiencing. People see Hodlers as lucky people only after the value of hodling pumps. But a lot of sacrifices were invested in it, it’s a risk to believe in a crypto project and invest a lot of money into it because you believe in the technology.

Anything can happen, just like the LUNA crash, lots of people invested hugely into it and lost badly. So hodling can sometimes be a case of luck because it’s crypto and anything can happen.

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