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Topic: The patience to hold is a gift (Read 1600 times)

full member
Activity: 443
Merit: 110
April 08, 2023, 04:56:49 AM
Holding is really an easy thing to do if you are only buying Bitcoin using free money that you don’t have other purposes for spending. The reason why many weak hands in crypto is because they keep investing money that allocated on other necessary things like life savings, insurance, and personal necessities. The urge of using the money invested on Bitcoin is the force that keeps making crypto holders failed to hold.

If only you will invest money that has no purpose other than purchasing Bitcoin. You can easily hold your Bitcoin even if its until forever because you don’t have any reason to use it.
well, that's what exactly most bitcoin holders are doing. instead of buying from their spare amount of money, they are using the money that is also important like what you said that is intended for savings and others. with this kind of investing, this like a huge gamble since you have to choose which is important and what you will prioritize when both it are important. another thing about being a patient holder is that, most investors who are weak handed tends to look at their portfolio all the time while overthinking what will happen or what if this happens etcetera. usually in their cases due to their panic or overthinking, they will end up selling their holding since there's already a lot of things on their mind and they will scale their profits up until to the point where they scale even the pros and cons of their own actions.
sr. member
Activity: 1288
Merit: 451
Sugars.zone | DatingFi - Earn for Posting
April 08, 2023, 03:31:24 AM
If the bull run ever start again do you think it will be massive for small and medium investors.
Now if Bull run is launched in the market then surely it will be huge for small and medium users. Because the profit that will come from the small investment will be huge for the small investor. Again for those who are medium investors this bull run must be huge as their profit must be more than small investors.
How long will it take for the bull run to resume and lots of many complicated questions. If I don't like overhyped discussions so I just tell them it is far better compared to having their money saved in the bank for 1 year doing nothing I do this to avoid been held by my words if things goes wrong.
I think your decision is certainly reasonable. It is not long before the bull market begins. The market is slowly moving towards a bull market. Our analysis suggests we may see Halving around 2024. If that is the case then if we invest without keeping money in our bank then surely we will get a hundred times more profit than the profit we get from the bank if we invest Bitcoin. But here man will not take risk if he can take risk then surely he will get huge amount of profit.
Recommending someone to invest in Bitcoin is some how risky. If the don't have the patience to wait for the bull season to commence the might sell at a loss and but the blame on the introducer. And many likes attributing their failures to someone then their success to their personal effort. I have learnt from past experience that before I recommend Bitcoin to a newbie I will first ask how long the can hold for and that will determine if I will be willing to proceed with guidance or end it there.
Recommending someone to invest in Bitcoin is very risky. Many people come to me for advice on investing in Bitcoin or other coins but I never force them to invest. But of course I give them ideas about investing. Because if a man invests in my advice and loses there, he will definitely blame me. Before I invest, I must say that investing is always voluntary.
sr. member
Activity: 1344
Merit: 253
April 08, 2023, 02:48:40 AM
Holding is easy and at the same rime not easy.
Some people may have the mind to hold but dont another source of income to sustain them after they have invested  all they have in bitcoin.
While some people who have many stream of inflow of income but can't afford the patients to hold for a longer time.
Holding is really a precious gift if you only have  the patients.
It is one major thing any beginner bitcoin investor should know and learn before attempting to invest.
Holding is never easy atall,it takes people. Who have determined that despite anything,they are ready to wait and see what comes out in the nearest future.Most people don't have the courage to stay and exercise patience because they know life is too short to have such patience waiting for what you've not known whether it will yield great result or it will at the end of the day,bring out nothing as profit.It is just good to have this believe that anything can happen in the nearest future,You might be fortunate to get good and desired result as outcome,or you may end up regretting why you invested in such project.It all depends on our mindset.The most important thing is that you try first,and exercise patience.
holding money is not because it's cold it's really hard to do, because the money can be needed at any time, and we can't think healthily, because we always hope to experience a pump soon. it is not easy for someone to hold on without good scientific basis, because later it will affect an unstable psychological level, and finally make mistakes from that unclear thinking
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
April 07, 2023, 06:40:34 PM
People says that bitcoin should be hold for lengthy time of at least 4 to 5 years of duration but I think that I you have maximum profit during bear season in less time then you should sell it because market will not always gives you maximum return.
This is true, when we are holding for long-term one. I don't think we can actually know when is the best price to stop and sell it. Just like you said, it would be better if you need the money and enough with the profit then you can pretty much buy it again in another time. Most people said that you need to sell "high" but they don't know what is the threshold of that "high" is, so just keep ind mind on that.

The desire of getting more and more will make you looser because there is not a single person who is thankful for the money he owned but instead everyone wants to earn more than this.
Correct, we will never be enough with the money.
full member
Activity: 840
Merit: 137
April 07, 2023, 04:14:36 PM
Holding is easy and at the same rime not easy.
Some people may have the mind to hold but dont another source of income to sustain them after they have invested  all they have in bitcoin.
While some people who have many stream of inflow of income but can't afford the patients to hold for a longer time.
Holding is really a precious gift if you only have  the patients.
It is one major thing any beginner bitcoin investor should know and learn before attempting to invest.
Holding is never easy atall,it takes people. Who have determined that despite anything,they are ready to wait and see what comes out in the nearest future.Most people don't have the courage to stay and exercise patience because they know life is too short to have such patience waiting for what you've not known whether it will yield great result or it will at the end of the day,bring out nothing as profit.It is just good to have this believe that anything can happen in the nearest future,You might be fortunate to get good and desired result as outcome,or you may end up regretting why you invested in such project.It all depends on our mindset.The most important thing is that you try first,and exercise patience.
newbie
Activity: 17
Merit: 0
April 07, 2023, 07:08:07 AM
Hodling is like a ticket to front show. If you are not hodling you can't sit at the front. But if you do sit you feel the action. Every move, up and down. And endure a few years, you start seeing things that others won't see.

Time is a flat circle so is bitcoin. Those who hodl understand this.
full member
Activity: 153
Merit: 89
Cashback 15%
April 07, 2023, 06:58:30 AM
Holding is easy and at the same rime not easy.
Some people may have the mind to hold but dont another source of income to sustain them after they have invested  all they have in bitcoin.
While some people who have many stream of inflow of income but can't afford the patients to hold for a longer time.
Holding is really a precious gift if you only have  the patients.
It is one major thing any beginner bitcoin investor should know and learn before attempting to invest.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
April 07, 2023, 03:43:26 AM
Indeed, investing in cryptocurrencies such as bitcoin carries certain risks, and it is important to understand these risks before investing your money. As you rightly point out, holding on to an investment can be difficult for the average investor, especially in a bull or bear market. However, if a person is willing to accept these risks and has a long investment horizon, then investing in bitcoin may have the potential for capital growth in the future. It is also important to know that the past success of cryptocurrencies does not guarantee future success, and each investor must evaluate their own financial opportunities and risks.
sr. member
Activity: 2436
Merit: 324
April 06, 2023, 04:56:15 PM
People says that bitcoin should be hold for lengthy time of at least 4 to 5 years of duration but I think that I you have maximum profit during bear season in less time then you should sell it because market will not always gives you maximum return. The desire of getting more and more will make you looser because there is not a single person who is thankful for the money he owned but instead everyone wants to earn more than this. Patience is the key to success and those who cannot wait for the bull season and make wrong decision cannot get profit. bitcoin is risky but there is no other coin which is more successful than bitcoin but one thing that matters a lot is the accurate decision during unfavorable conditions.
If we do talk on the most realistic approach and real thing about on making profits and make out those calculations then we could really say buying low on bears and selling out if there would be some pumps

then making profits doesnt really need to hold up for long time which you could make out profits out of those short time frame and doesnt really need up for you to hold that long time.People would really be choosing up on holding when it comes to their assets like Bitcoin or some top alts is that they dont really know on how to trade up their assets on short term and this is why they do decide on holding it instead.
I would say that it isnt bad for you to hold rather than on risking out some trading in short term which you dont even know on what you are doing.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
April 06, 2023, 02:50:14 PM
People says that bitcoin should be hold for lengthy time of at least 4 to 5 years of duration but I think that I you have maximum profit during bear season in less time then you should sell it because market will not always gives you maximum return. The desire of getting more and more will make you looser because there is not a single person who is thankful for the money he owned but instead everyone wants to earn more than this. Patience is the key to success and those who cannot wait for the bull season and make wrong decision cannot get profit. bitcoin is risky but there is no other coin which is more successful than bitcoin but one thing that matters a lot is the accurate decision during unfavorable conditions.
legendary
Activity: 1918
Merit: 2916
April 01, 2023, 10:54:32 AM
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Because as soon as you see the history of Btc it is unique, if the last ATH was $70k, I don't know what the next one will be, but it must be much more.

It is not guaranteed, no one knows which is fair bitcoins rate. It can probably be much higher but can go to some middle range as well. Until its volatility reduced significantly we can hardly predict which purchasing power will bitcoin have then. What we know for sure is that 1 BTC always stays 1 BTC. So doesn't really matter which will be rates someday in the future, we always have our bitcoin which is valuable already.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
March 31, 2023, 10:25:06 PM
The truth for me is that putting up with it is and works only for Bitcoin, I dare not recommend an altcoin for now, because I consider it irresponsible, since if it is said to invest in an altcoin X it is useless, because if price drops and those people who invested Lose their investment I will be to blame, with Bitcoin I am not afraid because I know that Bitcoin is a safe investment, it is the only one that I would recommend, and if the one who can buy and endure I recommend that you do it do it, Because as soon as you see the history of Btc it is unique, if the last ATH was $70k, I don't know what the next one will be, but it must be much more.
legendary
Activity: 1918
Merit: 2916
March 25, 2023, 10:34:58 AM
If patience is a gift then surely I am one of the recipients of that gift. I held onto my investments for the past few years. I didn't give up on my investment even after the price of Bitcoin reached its highest point. I was so greedy then, seeing the Bitcoin market at $69,000, I thought it might go to $100,000 very soon. That's why I held it there without selling it. I have kept that investment till now.  Some times it is necessary to sell from here for important family work. But I have seen that human greed harms people the most. I have targeted till 2024 then I will not hold my investment. I will completely exit my investment if one of these is pumping.

And then what? If you don't spend your savings at the moment you'll need to invest them in something anyway. If you invest in fiat then you invest in inflationary asset that will become cheaper with nearly 100% guarantee. And if you want to spend it is usually good to get what you need when you have enough money for that as our life in this planet is  not eternal. I consider that holding at least part of savings I have no plans on in the nearest future in bitcoin is not a bad idea. Of course to diversify can be not a bad idea also. And if to hold in bitcoins it is good to have patience.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
March 24, 2023, 07:55:09 PM
if you got other money to fill your basic needs and the other to invest, basically everything is sufficient to sustain your life, then you can get patience easily.
many that invests are didn't have the patience because they have some burden, even some taking loan for just investment which honestly foolish decision ever.
the key is as always, use money that you could spare, that you could afford to lose, in investment so that you're not gonna have hard time with your investments and your mind will be at ease.
after all the longer you hold, the more chance and opportunities will comes your way.
sr. member
Activity: 994
Merit: 441
March 24, 2023, 06:25:54 PM
If patience is a gift then surely I am one of the recipients of that gift. I held onto my investments for the past few years. I didn't give up on my investment even after the price of Bitcoin reached its highest point. I was so greedy then, seeing the Bitcoin market at $69,000, I thought it might go to $100,000 very soon. That's why I held it there without selling it. I have kept that investment till now.  Some times it is necessary to sell from here for important family work. But I have seen that human greed harms people the most. I have targeted till 2024 then I will not hold my investment. I will completely exit my investment if one of these is pumping.
hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
March 24, 2023, 06:11:51 PM
If you've experienced the importance and result of holding, you'll say that no regret will happen because you've seen it once and many times and you want to see that happen again.
Holding isn't for everybody but if you're forced to do it, it will take time until you appreciate the essence of it because not everyone can afford to hold on to this volatile market.
Because we've got bills to pay and it happened to many holders that they have to sell their holdings so that they can pay their bills when they've got no other source for it to get paid.

Yeah, there are things that affecting our decision to hold, but yes, if you already experienced, and the outcome is decent, then the chance that you'll love to duplicate that kind of outcome is possible.

But if you are not prepared and you don't have that experienced yet, the patient in holding might be
in big question, especially when the market is not favoring your position in your investment.
Holding will be the best strategy for those that haven't experienced defeat in the market. But what's good here is that you'll still be able to recover when you're just patient to hold. Until you sell, you're not yet defeated by the market so by means of trading, it's gonna be the reason for you to stay healthier and better on the market because you know what you're doing and the trust and confidence you've got in the market isn't going be in vain because you know that there is a direction of what you're doing and that direction will be in a good result eventually if you have mastered and used to being patient.
legendary
Activity: 2982
Merit: 1028
March 24, 2023, 12:44:22 PM
right, if it's a valuable asset like bitcoin it might not be a problem if it's cold money used, but if it's a new altcoin for example then it will be hard to come back, but also we don't know what will happen next. panic like that makes many people fail in investing. therefore we must have confidence, even in a plus or minus situation in acting, and not regret our actions afterwards, whatever happens in the next market
If you've experienced the importance and result of holding, you'll say that no regret will happen because you've seen it once and many times and you want to see that happen again.
Holding isn't for everybody but if you're forced to do it, it will take time until you appreciate the essence of it because not everyone can afford to hold on to this volatile market.
Because we've got bills to pay and it happened to many holders that they have to sell their holdings so that they can pay their bills when they've got no other source for it to get paid.

Yeah, there are things that affecting our decision to hold, but yes, if you already experienced, and the outcome is decent, then the chance that you'll love to duplicate that kind of outcome is possible.

But if you are not prepared and you don't have that experienced yet, the patient in holding might be
in big question, especially when the market is not favoring your position in your investment.
legendary
Activity: 1918
Merit: 2916
March 24, 2023, 05:22:05 AM
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I have introduced many people to bitcoin but not more than three of them accepted to invest and wait for the season of bull run to come.
...

And we respect everyone's choice: if people know about bitcoin and its benefits but still don't want to use it it's okay. All crypto including bitcoin stays risky anyway and many people lose because they don't understand that sometimes it is good just to hold and wait. So motivating people who can still lose is not our mission, we can just tell about bitcoin and why is it beneficial and how not to lose with it in general case, and the final choice is on them.
sr. member
Activity: 504
Merit: 283
March 23, 2023, 10:15:22 AM
To hold especially for an average investor is a strong contention to deal with. Over and again we hear the echo of hold from every where around the crypto industry. Long term will always pay big someday but for the investors who have nothing to spare their investment could be tempting. The urge to withdraw will always come. Sometimes not for pleasure but to solve pressing needs.
Holding of bitcoin is a good thing but not an easy thing to do. Convincing someone or introducing someone to bitcoin may be easy but convincing the person to hold for a very long time might be difficult. I have introduced many people to bitcoin but not more than three of them accepted to invest and wait for the season of bull run to come. Most of the bitcoiner's today lost their money because of impatience, inability to hold their bitcoin for a long period.
I my self, when i started bitcoin investment, it was very hard for me to wait. There was a lot of temptation, discouragement from families and friends that my money will lost. Self descipline was what i applied to hold on for a longer period though i had some other businesses that generates incomd for me.
And today, am happy about my patience.
legendary
Activity: 1918
Merit: 2916
March 23, 2023, 06:33:23 AM
right, if it's a valuable asset like bitcoin it might not be a problem if it's cold money used, but if it's a new altcoin for example then it will be hard to come back, but also we don't know what will happen next. panic like that makes many people fail in investing. therefore we must have confidence, even in a plus or minus situation in acting, and not regret our actions afterwards, whatever happens in the next market

Oh, when we talk about newly backed altcoin it is really risky and we should follow the situation. And charts are not the main thing we should focus on: community activity, work of programmers, work of marketing team and multiple other parameters are important to make a decision of to hold or to sell as fast as possible. If an asset looks like prospective then it is good to hold: we can lose anyway, but if we diversify investments those ones which will succeed will give enough profit to cover losses. So learning about the projects we invest is most important to calmly hodl their tokens.
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