Holding is not just for crypto. If used wisely it can be utilized in pretty much any investment. The art is knowing when to sell which can be very tricky.
Below is a prime example of a little bit of luck along with timing things right...
Way back in 2011 at the Emerald City Comic Con, there were 2 Exclusive Funko Pops only available there. The Star Wars Unmasked Luke & Han Stormtrooper Funko Pops. They were limited to 1000 each worldwide and came complete with sticker to show it! I think they were either $15 or $20 at the show. At the time Pops were just starting to gain in popularity....
I was unable to attend the show so I didn’t get any. A few months after the show I came across a gentleman that had a tremendous stockpile of them. He must have bought out their stock at the end of the show or something. I ended up making a deal with him and bought sets of the pair for $53.50 a set. I bought over 100 sets as I knew they were going to be decent pieces. I just didn’t know how good they would end up being. It did take some time though and some ups and downs.
I bought about half his stock and regret not buying everything but...ya win some ya lose some. Even though I didn’t clean him out, I still won. I sold off pieces over the next several years between $200 to $600 each...not per pair but each!! I initially held for about a year and a half before starting to move some. I did very well with them as I was patient and I believed in the line and more importantly...these particular pieces.
Sadly as of today I think I am down to 3 Luke’s and 1 Han. There might be another straggler or two hidden but once these few are gone, that’s the end of the road for this story. I’ll probably hang onto the Han and 1 Luke in the hopes they reach an insane high but I believe they are on the range of where they will be for a while or at least around it’s ceiling, which is around $500-$600 each depending on the day. If I see them reach $750 each I’ll let the last set go, wipe my tears of both sadness and joy, and load up on some more Steem.
This is not an endorsement to HODL your coins by any means...just a comparison that sometime if you believe in something and can afford to wait...the rewards can be plentiful.
Thx for reading mofo’s.