Topic: Tips to Becoming a Successful Holder (Read 744 times)

I would like to understand who you consider a successful holder. After all, the goal of all holders is to sell the coin at the maximum price. Only the level of the price at which they will be ready to sell their bitcoin distinguishes such holders from each other.

Well, expect that even OP’s tips are good and valuable, there will always be investors that will follow their own rules and stick to them because they think that they are way better than these posted tips. Either because of their ignorance, or they don’t just trust other people’s advices and opinions. For me, it’s good too as they will learn their lessons eventually when they start losing in the end.

The problem of every investor is that he does not fully implement all the tips that the OP has published. This can happen either due to ignorance or in cases where the investor specifically violates them, hoping to increase his deposit. But it can definitely be said that the holder should not sell his coins when they have reached the minimum price.

To be a successful holder requires firm belief and plenty of patience. Learn more about crypto to analyze market trends and wait to find the right time to buy and sell to make a profit. Good emotional management is also important. Don't be afraid to sell the currency you hold because of the market. Those who hold on to it for a long time will always profit from it.

These things need to be followed if we are going to go deep down in it otherwise there is no useif we jump into the trading and do not follow disciplined rules. In investing, it's simple to put your money into it but the hard part is exit strategy. I think being successful trader is not very easy thing. I am always ending up with selling in the situation where I need the money to survive though I have had pun I wont be selling it in the long duration. Anyways, those who go for very long always profit from it. Imagine people hodling since the beginning of bitcoin, they have seen the worst and happiest both sides of bitcoin in the long run. They have no fear now, they just jump in and wait for the bitcoin to give more profits back to them.

To be a successful holder requires firm belief and good emotional management, not to be affected by FUD and price trend changes. Choose to hold cryptocurrencies that have development potential and can be profitable, and learn proper risk management.

But, I don't think Holder thinks about short-term Votality. I'm sure those who do scalping trades are taking advantage of that. Holder's expectation is that the value of Bitcoin always rises even though it will eventually fall indeed due to the saturated cycle. The theory of supply and deman laws is the hope of holders.

Even though the current world economy is very different and I don't know what would happen if a global Recession happened. I think a big effect on the price of Crypto and a big test for the Holders. But so far I hope this history will become a belief and continue to repeat itself.

that is why if you want to hold assets in the long term. you must have good psychology. calm and patient.
there's no use not looking at the wallet when social media always reports on market developments. if you don't have good psychology, what happens is panic.
but everything is a process, when we make a long term investment plan, sometimes we will be tempted to get out of the plan. but when we have more and more experience, everything will be fine.

Get yourself a job or other business that pays you and keeps you busy, do not keep looking at your wallets everyday because the temptation is real, at one time you can get tired of holding if the assets aren't pumping when you wanted.

In general I agree to your suggestions, many of them are indeed very useful for being a successful Hodler.
Bitcointalk members have also provided additional input here, so I see all most important points are mentioned already.

But I have to disagree here:

In my opinion, diversification isn't helpful to be a good Hodler. Or at least, diversification isn't helpful if you are a Bitcoin Hodler.
If you are only going to invest into Altcoins, diversification might be a good decision - while only investing in Altcoins seems to be very risky in my opinion. Bitcoin is king. 
Because overally, allocating the most % of your portfolio to Bitcoin is much better than a widespread diversification.

I have also written an article here about diversification, it might be an interesting read for you: Is diversification into different coins really a good advice for Newbies?

There are two recommendations I would like to point out from my own experience:

Don't be afraid of losses : The trader's feelings of fear cannot be denied, and therefore there are several steps that can be taken to manage those fears. This includes not taking risks by trading what you are afraid to lose and not giving up trading in a demo account to gain more experience.
Never trade to make up for your losses : This type of trading should be completely avoided because it is the beginning of addiction and makes it difficult to make the right decisions. You must accept the loss and look for guaranteed opportunities instead of venturing into ill-conceived deals under the pretext of compensating for the loss. Small guaranteed deals are better than one big and risky deal.

One of the trading mistakes is also ignoring the psychological aspect that plays a major role in trading. Greed and fear are two of the most common psychological emotions that can affect your trading.

Those who hold and do not ever sell are using a bad strategy because they remain stagnated instead of selling and increasing their quantity like you have said too. The reason they leave it that way is because they may not be able to buy back after selling, it is the same thing with those who advice for DCA. Most times those who do DCA end up regretting each time they buy. It is not easy to get the timing right. Trading cryptocurrency is not an easy thing and this is the reason why people will tell you that trading is not an easy thing.

It is still doubtful to keep stablecoins even though it feels safe because it is the same as traditional fiat, but we have to look at other facts about other stablecoins that many have collapsed and cannot be reached at normal prices anymore so I always avoid this to store stablecoins with long time ago, obviously I didn't venture except bitcoin being the only hope.

Successful holders keep their assets for long term increase not with stablecoin, but bitcoin of their choice, and also don't choose altcoin for hope in the future because it won't make us successful but bitcoin can come back with ATH price because it has 4 cycles years that will be history repeating itself.

Most importantly never store assets on an exchange, choose an asset repository with either our managed security or having 12/24 word seed phrases.

Firstly it's BUSD and not BUSDT, secondly both stablecoin (just like majority of the stablecoin available in the market) are centralized and not to be trusted for long term holding. These stablecoin just like UST can collapse at any moment or get depegged (trade below the $1 price that it was meant to be stable at). Sometimes they recover while other times they mightn't. The most recommended way to hold your profits is in Bitcoin. With Bitcoin you are assured of your funds not going to disappear as we see with the altcoins. If you aren't comfortable holding it in the space then you can go traditional with fiats.

Don't over trust any stablecoin in the industry as without the support of the community, all of them can collapse like we have seen with previous stable-like projects. As for the tips of becoming a successful holder, my advise to anyone embarking on this is to put more focused on where you store your coins as security of your assets should be your number one priority as an investor.

Also, to be the best holder you can be, you should have all the patience to hold and not to be easily pressured and ends up panicking. Even with bitcoin, though it’s always the right choice, but even if you have tons of bitcoin in your portfolio, as long as you have no patience to hold it for quite long years, you will never be a successful holder.

I guess I must have said something in this topic previously and it keeps catching my eyes on every instance I see it.
I do agree with you OP on all the points you gave and  you said everything in a lame man's understanding and the clarity was top notch.
People must always have to know that privacy is a key factor in the crypto space and the safety of your coin all depends on you and what actions you take as there is this saying that " NOT YOUR KEY, NOT YOUR COIN. so always remember to keep your keys very safe and always know that cold wallet should be your mom's preferred for now.
Doing your own rest can't be over emphasized as every advice one gets is always stated as not a financial advice.

Stable coins increasing under 2% each years and I don't think with your recommended investing in USDT or BUSD coin, better with another altcoin after investing in Bitcoin. I think Ethereum and BNB are recommended altcoin and earn higher profit than investing with stable coins.

Better with gold or silver have higher increasing price for investing than used stable coins as investment assets for the future, comparison with USDT and BUSD values increase up above $0,15 than last two years based on local currency. I don't think good ideas more than three until four years holding BUSD or stable coins values increase up under $0.15.

I will also add stay updated to recent changes in the Bitcoin protocol to know what forks happened on the Bitcoin network and how it affects how we hodl our coin. Security is the major concern for every hodler and once it gets compromised it no longer belongs to the initial owner. To be a successful hodler been security conscious and staying updated on how to be more security conscious of our private key stay top on the priority list.

No, stablecoin should not be my recommendation as your investment in the long term. If you want make profit in the crypto market in the long term, then you should be able to choose from several altcoin ^{[not stablecoin]} but you must make analysis first. ETH is one of the best recommendations I can think of besides bitcoin, but there are several other altcoins you could consider as well. The risks are there, and you shouldn't ignore them.

Stablecoin won't benefit you in the long term, I tend to use stablecoin as a reserve fund before finding a dip in the assets I want to invest in. That is my recommendation and practice, but certainly not financial advice for you.

That's how it often happens, after selling bitcoin for good money, we rush to buy "innovative projects" with this money and as a result we lose what we earned. If you do not use margin trading, then the correct solution is to wait until the BTC price go down again and you can buy bitcoin at the lowest price.

We know how the basic become a holder but of course, it takes an additional path with it to make sure you've got the right timing to  buy and sold your assets, having a basic understanding and knowledge regarding with the technical analysis is a must I guess because this basic fundamental gives an insight where the time to make a mark with your position, also ideal holder does have their own wallet and not just being dependent with those exchange to store their funds.

According to me the most important thing required to become a successful holder is patience and belief.
One only sells because either he is impatient and is doing a panic sell or when he thinks that the project is about to collapse.
A successful holder has the patience to hold the coin for a long term and believes in the project he has invested in.
I am a successful holder of bitcoin because I have seen bitcoin go from $4k to $19k then back to $3k to $69k and then back to $16k.
Yet I am holding my coins because I know they are worth more than any of these prices.

Good point, but before you guys start as "HODLER" better to watch with crypto you hold with 


This is the definition of true HODLER, just buy send to cold wallet and forget it. People like me cant be the true hold since im watch everyday where the price is going it kills me slowly when watch porto at red position.

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other tips you can actually make a good money by holder some crypto like eth, or cardano or bnb by staking it and use your money as collateral so it locked up withdraw when coin touch new ATH

maybe it can be divided into 2 wallets. the first wallet is for the main wallet which is filled with assets that will be held long term and the second wallet is used as a temporary storage wallet for trading activities and the like. Perhaps this way would be more secure, so the main wallet in the long term would not open as often. for the security of the wallet depending on the user, the private key or 12 key phrases must be stored in a safe place and only the owner can access it, because many private key incidents are hacked so all assets are lost.

Yes. I totally agree with what you just said mentioned above, because in as much as it's not advisable to store all your crypto assets in one wallet, another important factor will be the need to properly keeping that your 12 key phrase in a safer place, as that's the only key to accessing your funds. Whereas, USDT or BUSDT can be an recommended alternative after Bitcoin

Exactly, it's like holding assets long term on a centralized exchange. It is one of the wrong practices of a holder where the safety of his assets is at stake on the reputation of the exchange.

Some of the OP's tips may help people get a proper knowledge. Investing in crypto, being a holder is a risky choice, and all of them must know how to minimize it, including keeping their storage secure.

This point has a broad meaning. Besides not recommended to store it in one wallet, it may also be necessary to diversify assets across several options.

Good directions. Just buy and hold bitcoin. Perform DCA in and DCA out. With your spare cash, put it toward innovative small-cap projects. The future is privacy, in my opinion.

yes I also have the same opinion, holders should know where they have to release it. It's not funny that we're going to hold onto the coin for the rest of our lives without taking some advantage of the price target we've already reached. Emotional control also influences the final result or decision to be made.

Becoming a successful holder is everyone's dream, but some of them are not aware that wrong practice will not make them a successful holder. It takes more learning to become a trader and holder and technical analysis and Fundamental knowledge will be the main weapon for predicting the market.

Investors knowing the history just increases their chances of relying on that history when they invest. The four year cycle or any pattern that you're currently watching, and relying will end at some point. That's a guarantee. Bitcoin isn't sustainable to keep increasing like it has in the past. In fact, we probably don't want it too increase, and drop by the extremes we've seen if we want mainstream adoption.

Obviously, Bitcoin is deflationary by design so it will kind of increase in value over time. However, expecting the volatility to continue to happen in the same extremes probably isn't a good way of looking at it. Since, it's just not sustainable.

As the block rewards become less, and less we should see a reduced amount of volatility, and therefore speculative investors will likely become less interested, as the big swings disappear.

Bitcoin is a crypto asset that can always reach new ATH. The cycle has repeated itself and it's history, so the holder must know the history. Besides what you're saying is true, I totally agree. But the holders should also know when they should let go. Otherwise he would just waste time. In addition, holders must also be disciplined with their targets, and emotional control is very important. But it's not easy to run that, because talking will be easier than doing.

I mean, just set a goal if you'd like to get out at some point, and just don't price watch. Set up an alert at the price point you'd like to take some or all of your Bitcoin out, and don't watch the price in the mean time. You don't have to be actively using Bitcoin to hold it, and that's the beauty. You can practically remove most of the emotional risks by just not watching the price.

I don't think I'm a die hard holder or anything, but I barely look at the price. I mostly get my price information from what users post here, rather than go out of my way to look for it. I'm simply not bothered by the current price of Bitcoin.

Experience is vital in this market. I also have my own mistake in the past buying some coins and they stop to grow. If you buy coins cheap you need to be careful some cheap coins end you up in losses but to buy bitcoin, you are good with it even it goes down it will go up again. The experience of 2017 is big but I am starting then and it is difficult to understand what the market is doing.

First of all if your are holder it's mean you have fund which are in hold In form of stable coins or cryptocurrency. So the first priority Is fund safety, yo must need a hardware wallet in order to increase the safety of your fund if you are holder. The second tip is always buy old and big project like Bitcoin and Ethereum in order to remove the Chance of scam. The third tip is always buy crypto in bear market when Bitcoin hit it's bottom, because at that time most of the cryptocurrency are in cheaper price than other, so it's best time to buy coin for hold.

Right now I am still building crypto portfolios, not one but three on my mind and see what they will become in coming years, after I am done picking the pieces I will stop looking for more coins and zero my mind till I hear that BTC made a new all time high .

It's not a good practice to keep looking your portfolio here and there because this will have an impact on your disciplined self.

Also I already have my mind on 2025 minimum so yes this is a good plan I believe, I have been into crypto for a long time and I can say that mistake is the wisest teacher, I knew what's coming so I am more calmed right now than 2017, 2020.

Anyone with a hodl mentality and is serious about it won't be watching the news. They just buy, move away from news and then wait to take profit when others rush to the market to buy. Only traders keep themselves acquitted with the news, not investors with hodl mentality.

There's always room for improvement, and that's why we have upgrades and updates on apps. There's no harm in people admitting they don't know it all.

According to my point of view few things if you follow them you will be a successful holder,
First thing is that you will choose all those projects which are longterm player because if you choose those kind of projects which give you much much profit daily but these are new project than there are so much chances of scam and the example are Terra Luna and Ftx exchange coin  FTT, these two project give too much profit to everyone in early days but at the end it becomes scam, so you must have to select project who survive crypto market more than 5 years like Bitcoin, Ethereum etc
And the other things is proper investment plan if you have 1000$ then you will divide these fund into 5 parts and invest in Ethereum and Bitcoin not at once but 5 times after every dump . Then following these tips will make you successful holder.
All these are my taught I am not a financial advisor so DYOR.

There are a few things you need to understand before you start investing in the market to increase your chances of becoming a successful investor. Since you are new to the investment game, you should start investing with a small amount of coins. If you earn any profit on this investment, increase the amount of your next investment. So especially when you realize that you are the most qualified person to give you investment advice. Only then will you be able to fully understand how to become a successful investor.

the right choice is BITCOIN, it is a top coin that has no equal for long term investment. Indeed, a coin that has no potential is the wrong choice, it will only waste time and will not provide a commensurate profit. to be a successful holder must know the science of trading, science of market analysis and risk management theory as you say.

DCAing is good, it's just a method to limit the risk of investment in Bitcoin and other cryptocurrencies. And if you ask me if it's worth it, I would say Yes and No, and these come with reasons/conditions. The first condition is that it would be so worth it if the investor is removing the invested amount from the amount such cannot afford to lose. But No if the investment amount is small, the investor is a good speculator and has the target of earning big by holding the coin. So, it all depends.

I think there should be a proper risk management theory to be a successful crypto holder. Holding a non potential coin will make you loses. So always try to hold top ranking cryptocurrencies and hold in a safe non custodial crypto wallet.

In other words, seeking mentorship from senior colleagues who are doing well is a tip that shouldn't be over looked as it is best learning from the mistakes of others rather than making avoidable mistakes when you can learn from others.
OP really did justice to tye above mentioned topic and I feel so glad to have come across this great article and it also deserves to be pinned so people who get in here can easily sight this very thread.
People should always remember that NOT YOUR KEY, NOT YOUR COIN, hence security is very essential here and coins should be store on centralized exchange as anything can happen at anytime just as in a the recent case with FTX.

We cannot deny that holding is one of the most promising investments for Bitcoin so far. This will be worthy and valuable if we know the right time to buy, and in this case, is during this bearish era. And the right time to sell, in the bullish era.  But in fact, not all people are able to manage themsleves to be long-term holders.

Being skeptical at the beginning will boomerang for us. I remember the saying, if you are hesitant to do something, don't do it. Because, if the results are not as expected, then we will be very sorry and blame something, here is investing in this crypto. So, in this case, we may be good to be skeptical, but we can manage this carefully, because if we put too much skeptic, we may get nothing. We are here, to be more careful, deciding based on analysis and knowledge. So, we must develop the skeptic with exact research.

There are also several things that we must have during the long-term holding. They are about our emotion management and also our money as capital. We can be a successful holders when we are suing free money to buy coins and hold them for long-term period. If we are using the money for our life, this is enough, worse decision.

Additionally, we must also have good emotional management so that we can be logic and stay away from being panic, impatient, stress. Here, stress becomes one fo the most common things happens duirng the crypto investment.

OP, You do not have to use exchanges to be a successful HODLer. There are many other ways to get bitcoins.
For example, you can accept them as payment for your services. You can also let people buy stuff from you using Bitcoin. You can even get a bitcoin wallet and buy your first coins directly from another person.

Experts have their own strategies to follow that will make them successful and profitable. Tips are just good for beginners and for those who have been here for long in the forum but are still consistently losing due to following wrong strategies. Personally, if I have one advice to say, always prioritize bitcoin even from those top altcoins because it’s always proven that bitcoin is giving us higher potentials of returns especially if you keep it for long term.

The best strategy is dollar cost averaging and buy a fixed amount over a long period of time. For me, a reasonable amount of time is a 5-10 years but that's not true for everyone. I think buying for at least 210,000 blocks is a good start because it ensures that you are stacking sats through a halving.


Bitcoin is the only basket worth butting your eggs into. It's the only truly decentralized "cryptocurrency". If you don't want to get rugged, stick to Bitcoin. 


I think the best tip to becoming a successful holder is to dollar cost average directly to a hardware wallet where your keys are stored completely offline. I personally use ColdCard and SeedSigner but to each their own.

If you want to preserve any privacy from your wallet, it's also a good idea to run a full bitcoin node.

I can't really say if by your not putting all your eggs in one basket as per diversification here, you mean like not having to invest on a single coin or its more about having other jobs aside from having some cryptocurrency portfolio.

I think that's the most important in order to be successful in holding. Let's not forget, coins are money and can be swapped to its fiat equivalent. Now, money is how you get satisfy wants/needs and solve issues. You can't do all that depending on a crypto portfolio which your not supposed to touch.

Having another job takes your mind off it and in combination  with other attributes listed above, you might as well be good for the task.

Just like said, Holding would be very hard for you when you constantly monitor the rise and fall of the market in other to get a short time gains. So i will advice anyone before thinking of purchasing bitcoin that he is planning on keeping in a long term investment he should have an alternative means of making income. I have a friend whose work is just to buy when the prices of bitcoin has drop a bit in this bear than the usual 16k and he will wait for some short time then sell it when its just add a little bit which is very risky but he says he uses the cash for business as well. Why dont just invest and forget about the coins and sell when the market is good for selling @bull market,  but that's is how long and that's why you need to hodll

It can be more simplified buy whatever bitcoin you can afford to buy over the period of time like years and keep moving to the assets to your custody I mean the actual wallet and after years bingo, you made 10x minimum for sure.

Not every beginner can afford to buy a big chunk of bitcoin so accumulating over the period of time is important and the benefit of compounding is higher which we realise only after we experience.

Stay updated with news is more related to traders and daily trading. It is not too important with hodlers, investors who should ignore daily news which are unnecessary noises for them.

If hodlers stay exposed with news daily, they might turn to daily trading and will sell their coins with 10% or 30% increase. They will miss a parabolic bull run when it starts.

I don't get it, reason people do dca cause they don't know how to time market.

With your definition of HODL, which means holding your coin (bitcoin) whether the market is bullish or bearish, we do not need the two tips above.
First why doing research? Unless you are talking about hodling altcoins, which shoudn't be called HODLING but HOLDING .If you want to hold altcoins for a long time , then DYOR in order not to hold a coin that will extinct in your wallet.

Since a holdler can hodl for 5 to 10 yrs, what is the essence of paying attention to fundamentals? Do you mean to check if bitcoin will not make it to next year?

Judging by the length of the list of items, it is not so easy to be a successful holder. Especially if you are a beginner. You will have to learn and comprehend a lot, and only after that you will be able to complete some of the items from this list. For example, in order to conduct fundamental analysis and thorough research, you will need to acquire the appropriate background. Otherwise, your analysis will be wrong and you will fool yourself.

8. Not investing an amount too much you can't afford to lose.
9. Not borrowing money to invest in Bitcoin with the aim it will rise to pay back.
10. To be discipline enough not because of bear market, sell your coin because of fear.
11. Last but not the least, to be prayerful, knowing that in all we do, there is an alpha and finisher of our faith, the almighty God.

You just need to ignore outside news, FUD & short term market movements. Nothing good ever comes easily so as a HODLER you’re going to go through periods of depression & thoughts that you’ve ruined your life (during bearish times).

To be a HODLER you need strong conviction. It’s not going to be easy but if you can HODL through minimum 3 full cycles then you’re going to be making big money.

Good luck all HODLERS.

To be a successful hodler you must not learn to sell, but buy. What's the essence of getting glued to crypto news while hodling; wouldn't it lead to panic selling? Many a traders who profited from hodling Bitcoin did so by focusing on other businesses other than watching over Bitcoin trends. And the business is the source of the Bitcoin investment. Unless, through the number 5 rule on your list, it's difficult to hodl Bitcoin without consistent Fiat income.

Investment and holding are two very important things, especially if you don't have knowledge about these two things, you have to take a very serious risk.You have to invest in the right coin by understanding the right market, if your investment is in a scam project then you can face huge losses. Moreover, it is not right to invest without some of the top ranked cryptocurrencies of the cryptocurrency market. Then let's discuss about holding. If you have invested in bullmarket and decide to hold then you have to hold for a long time i.e. long term.  Again if you have invested in bear market and decide to hold then you can decide to sell as soon as profit comes in the market.  In both cases you have to invest by understanding the market conditions and as usual you have to sell the profit in the market.  Under no circumstances should you overindulge.  Because excessive greed in the cryptocurrency market must lead to losses instead of profits.

As everyone know what happened with FTX. I think you should make a little bit change in this statement. Like I have mentioned.

Don't use the exchanges to keep your cryptocurrencies yes you should use only for trade or exchange.

And also will not recommend the online wallet to store your assets.

This is the best option BTW.

This topic deserves some merit, good one newbie 👍

I will like to add a easier way to stay updated with projects you are currently buying using DCA, download Twitter app on your phone to get alerts on any new updates, follow the project twitter account and turn on the notification 🔔  bell .

This is a good way of staying informed and you can always switch if the project goes cold, I mean months without development updates is very bad and not a good sign.

Only holding is not a good idea all the time in crypto. Just think if you brought BTC in 2019 at 4k and haven't sold any in 69k then what have you missed here? You have missed more BTC in your portfolio. You could have increased 4 times of your BTC bag if you would have sold at the peak. Some will say do DCA then but doing DCA in a bear market is another bad idea. So just wait for BTC to find a bottom and then start DCA again till the next bull run.

Great tips overall, and it's also worth noting the necessary patience and discipline in order to survive through tough market periods. However, I'd like to add that holding may not apply to altcoins other than a few popular ones, such as Ethereum or Binance. Generally, we've seen quite a few altcoins involved in scams, scandals, rug pulls, you name it, such as Celsius, Luna, or FTT. I'm not saying that you can't hold altcoins, but personally, I don't feel comfortable doing so. The only coin I trust holding for long periods is Bitcoin. If you're planning to invest in altcoins, the least you should do is diversify your portfolio.

Just as holding is important in cryptocurrency same way it is expected of us to have a good reason to why we are holding our digital assets, holding has to do with right timing, having a clear understanding of the need to hodl at a very particular time, how long the duration of your holdings should be and the trading pattern to follow after when it's time for selling, also more importantly we must ensure our holdings is in the wallet so as not to got hacked or stolen as to not your keys not your coins.

[1] Exchanges are only for trading and not for storing your crypto currency especially for a long time it is not recommended even if the exchange is trusted.

Successful holders are those who have a strong mentality to live longer and can survive in any condition, including not being influenced by any news.
So with other points I agree that we must have all this information and be strong in fundamental analysis, therefore we must be prepared to become successful holders.

The cold wallet is the best place to save I all assets there, except for the results of the signature which are stored in the Electrum wallet.

You don't really give tips instead you just give insight and definition of the people do to get rich with their investment.

like  examplens told If you want to hold a bitcoin and become a successful holder buy a hardware wallet, buy a bitcoin, and hold. Congrats now you are a successful hodler, wise tip analyze the market movement wait for the buy and sell time get profit.

I would say that there is not much unclear discussion here.
Buy hardware (cold) wallets and fill them with bitcoin. in the riskiest case, 80% of bitcoin and the rest of 20% with some of the major altcoins could reach a high percentage yield at some point.

You draw broad lines that need clarification, not advice. It's like if you want to become rich, collect a lot of money, or work hard and get tired, but you did not specify the method or mechanism to do that.

There is no specific reason to be successful, all you need is to buy currencies and forget about them and consider that their value is zero, and sell when everyone wants to buy and the market is becoming more appealing.

The tips are on how to do cold storage, how to buy coins and reduce withdrawal fees.

that's a great tip, thanks to the OP for sharing this link.

a little Tips for the OP, if you make a post based on a quote from an article, you have to quote the text or underline the text so that people don't misunderstand (is it your writing or not).

A person who actually knows and has conviction in what he/she is investing(bitcoin or any other asset) in doesn't really need "tips".

OP you have made a quite an educative piece that I'll say it's supposed to be an epitaph in the hearts of all traders of cryptocurrency if they want to stay long in the business.
I'll add by saying, that another tips is to ask or seek for the experience of those that have been in the business long before you. Learn from their mistakes and build on them too. For it would really go a long way to helping anyone in his decision making while wanting to invest in any way.

HODL is a term commonly used by cryptocurrency investors that refuse to sell their cryptocurrency regardless of the price increasing or decreasing. It is more frequently used during a bear market when people refuse to sell their coins despite the price drop. Therefore, a holder is someone that HODLs bitcoin no matter the market situation.

Who is a Successful Holder?

• A person who is a Skeptic. Most of the time, our skepticism is obscured by feelings, fear, and greed, which leads to poor conclusions. When it comes to your money, doubt is typical. However, your skepticism should be paired with a realistic and safe investment strategy. Avoid using excessively dangerous platforms, exchanges, and wallets, and don't leave anything to chance. Be on the lookout for planned pump-and-dump operations and frauds. Your skepticism will alert you any time something doesn't seem to add up. When something seems too wonderful to be true, it was generally a bad decision.
• A person with a basic understanding of the technology behind blockchain and cryptocurrency to be able to make good investment decisions.
• A person  with the right and correct information all news and development about crypto with no exception because the blockchain space is rapidly evolving, socially, technically, and legally and staying updated is important to keeping money safe.
• A person with a working strategy which includes an investment plan, a target to take profit, and the duration of the investment.
• A person who is security-conscious. The individual keeps their wallet password securely both online and offline. Does not share their private key and trades on highly secured platforms and exchanges. Because they know that a breach in the security of a platform can result in the loss of fortunes.

How to Become a Successful Holder

1. Choose a trusted and reliable wallet and exchange to trade and keep your cryptocurrency.

2. DYOR - Do your own diligent research

3. Do your fundamental analysis

4. Stay informed - Be up to date with news

5. Be Strategic - Do not invest all your lifesaving, only save the amount you can afford to lose

6. Diversification- Diversify, do not put all your eggs in one basket

7. Cold Wallet storage - Lock up your crypto and tokens. It will relieve you of mental pressure.


What do you think? What other tips are there for becoming a successful holder?

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Sources:

- https://remitano.com/learn/ng/121550-how-to-be-a-successful-hodler

- https://academy.binance.com/en/glossary/hodl