HOLDING Doesnt Always Work??? “Sound Advice” doesn’t always work either.
We hear "Sound Advice" way more than we need to.
The cold truth is that traditional sound advice doesn't hold a candle 🕯️ next to holding.
Many people who get into crypto start off with rags. $100-$1000. I started off with rags too. Late 2016 with $500.
Sound advice such as…
-
"Shave off the top" every so often
-
"Take back your initial investment" when its up 2-5x
That advice isn't RAGS TO RICHES.
It's not. Sounds investment advice works for substantial initial investments $10,000-$100,000+
But the reality is that most people have less than a thousand to start off.
Take your initial back after 200-300% ROI?
Continue to shave off the top for passive income???
Go ahead.
What's that? You were able to buy a $1000 Iphone with it? That's cool.
I guess you were also ok with a possible 100x on your initial getting chopped down to a 30x?
and now instead of going LAMBO, you only went DOWN PAYMENT LAMBO.
but but but…
You never know you can be holding something that tanks and if you don't take back your initial, you can lose it all.
THEY DONT KNOW EITHER!
That's the name of the game…
- You don't know
- they don't know
- nobody knows.
But you'll never turn RAGS to RICHES if youre not holding anything
Most people aren't in a country where $1000 buys more than a years worth of food. No, we are in countries where $1000 doesn't even cover rent for a month
Little $1000 here or there isn't going to change your life. It's rags.
Think about something called Time.
It's a great concept…
IF YOU HOLD JUST ABOUT ANYTHING NOW, Pass it down to your descendants…in 100-200 years it's going to worth more.
Anything from 200 years ago has gone up in value. Guns, books. Especially bibles. Totally bullish on bibles. What a perfect combo that represents our history… Guns, and Bibles. .
Even iIf you kept a body in ice that long …it would be in a museum. For Medical studies it's worth a fortune.
Even Tulips. If YOU contained a tulip from the Tulip craze in 1636… It would probably be worth $1,000,000.
Even if Bitcoin drops dead now… In 200 years if you had one, it would be antique. A significant moment in history captured.
Yeah so HOLDING works more times than it doesn't.
HOLD
(Not investment advice)
submitted by /u/JuicySpark
[link] [comments]