HODLing: Bonus - Podcast
Take a moment and listen to this short podcast. Listen for each HODLing technique they discuss. Also, how do the risks associated with HODLing make you feel? Can you think of any examples where HODLing paid off for the investor (other than the bitcoin landfill incident)?
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Lesson Summary
In the podcast, various HODLing techniques are discussed. These include:
- Regular HODLing
- Buying the Dips
- Setting Stop-Loss Orders
- Using Dollar-Cost Averaging
The risks associated with HODLing may evoke feelings of:
- Anxiety
- Uncertainty
- Fear of Missing Out (FOMO)
There are examples where HODLing has paid off for investors aside from the bitcoin landfill incident. For instance:
- Investors who held onto Amazon stock since its early days have seen substantial gains
- Individuals who HODLed Ethereum before its significant price surge in 2017 experienced considerable returns