Topic: The patience to hold is a gift - page 9. (Read 1600 times)

Precisely, winning success is not just holding but also having good decision-making which most of us have made it too difficult. Like if we are just holding shitcoin, for sure, nothing really good to happen in the end, and makes no sense. Though we can say that holding has some good benefits, however, this will also rely upon on the situation and the coins we hold. Because if we are very certain about holding that it will give us more profit then we gonna expect that everyone will do the same as well. But they never found it working, that's why.

There is no doubt that investing in bitcoin will be much more profitable than keeping your money in the bank. Given the dynamics of the cryptocurrency market, the profit in this case can reach several hundred percent. But this will only be true if the market is bullish. Otherwise, 1-2% in the bank may be higher than you will earn on holding bitcoin.

...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...

It's obvious you are not an investor, and mind you, patience to hold might be a gift, but it does not guarantee success. What guarantees success in an investment is the ability to speculate rightly at any point in time, and this speculation might even advise you to liquidate your investment at any time to avoid the coming catastrophe. See, 'it's good to attack and retreat in every war,' this is wisdom which is important to replicate in crypto investment.

That said, investors should define the longevity of their investment, it might be short, medium or long-term, but it doesn't matter, yet speculation is still important to be a guide. This indicates that it's not necessary to be an excessive holder of any asset, including crypto, it only has to do with the investors' goal and the plan to realize the goal.

Conclusively, a good investor should be dynamic in decision-making and act based on the current market reality not minding the ROI to avoid making mistakes.

Patience is the hardest part of long term investment, if you can exercise patience then you will be able to invest for longterm.
Saying hold for longterm is easy, actually putting it into practice is the most difficult part. If you can do it, you will be immensely rewarded.
There is a popular saying that goes "patience is golden" meaning not everyone has the gift of patience.

Everyone can hold but not everyone could have patience and that's the common mistake of some cryptocurrency investors. They easily give up when the market is shaky and when the volatility of the coin that they're holding is too high. When it comes to holding and long term investing, patience is the most important trait that we should have. Crypto invesment is full of testings and challenges and it will play along with your emotions. I can say that being patient is a skill because not everyone can apply it.

Everyone can hold but not everyone could have patience and that's the common mistake of some cryptocurrency investors. They easily give up when the market is shaky and when the volatility of the coin that they're holding is too high. When it comes to holding and long term investing, patience is the most important trait that we should have.

Crypto invesment is full of testings and challenges and it will play along with your emotions. I can say that being patient is a skill because not everyone can apply it.

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.

If the bull run ever start again do you think it will be massive for small and medium investors. I mean those who start up their Bitcoin holding investment with an amount as low as $100. I have been trapped  having conversations involving Bitcoin investment and the major concerns of this folks has been how much their ROI will be if the invest. 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.

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.

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.

If the bull run ever start again do you think it will be massive for small and medium investors. I mean those who start up their Bitcoin holding investment with an amount as low as $100. I have been trapped  having conversations involving Bitcoin investment and the major concerns of this folks has been how much their ROI will be if the invest. 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.

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.

It is also a matter of time like the time when you enter the market or open your trade. There are a lot of people who are not fans of long-term or hodl. If they see an opportunity, they go and they do exist based also on their analysis.
Some traders are just here for profits or money, sometimes they don't care about the fundamentals.

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.

Patience to hold, it is a matter of choice for me. It is not a gift for me, because if we do not choose the long-term or the short-term, we will not see results. In short, if we don't start now when?
 (...)

Having a patience just depends on person and the current situation of that person.
- If that person doesn't have an urge to sell because there is no urgent stuff to buy and they also have a job to do, then they'd probably have lot of patience to wait for example Bitcoin to reach the goal they have set and forget about it until that day comes.
- If that person needs money urgently, then they'd sell it right away without caring about the price. Sure other people would say to wait until the price reaches high so you can make more profit but once the "economy" kicks in then you will use last thing you have including your investment that you already hold for so long.

Patience is a great thing to do both real life and investment stuff for more precise topic but if the situation around that person "doesn't support" that matter then they have to wait until next session.