How do you feel about the concept of "HODL" and in what situations do you use it?

[deucher]

When I got into the field of cryptocurrency, for some reason I relied on fast money, because then many coins literally in a day could grow by 30-40 times and everyone was talking about it, so I thought that I could invest like 20 dollars and withdraw 10 times more in a couple of days but, unfortunately, not everyone is lucky, that's why I didn't lose money, but I didn't earn either. And I realized that not everything is so simple and it is necessary to deal with it in detail in order not to lose money in the future. This concept is now the only way for me to make money by investing in coins, because now coins like Ripple or Solana will not grow into dozens in a couple of days, and I don't have the time or desire to invest in anonymous projects that can do that, because most of them are scams .