Bitcoin Forum

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.

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.

If the beginner investor does not have the intention of holding his currencies in the long term and learning patience, then investing in crypto will be inappropriate. How we have seen many beginners who lost their money due to their impatience and making reckless decisions in selling what they owned at the bottom. Bitcoin and cryptocurrencies in general started their launch With cheap prices, and now see how much their prices have reached?!, There are those who bought since 2009 and 2010. Can you calculate their wealth now or before several years if these investors were not affected by the FUD or if they had not sold what they had?! Patience is the key to success in the crypto world, so yes, we have to invest part of our capital and wait for the bull market.

I don't go encouraging someone to buy or invest in bitcoin because it is risky. The person that you encourage doesn't know how bitcoin works like bull and bear times and so it becomes something like you have disappointed them when bear comes. Generally people like profit and not losses and that makes hodling difficult for newbie whether they invested with free money or not, they don't understand hodling or waiting. Therefore I don't waste my time on trying to encourage someone. It is better that they come to you when they have seen that you are making progress and with that you only tell them what investment you are doing and they now have the option to invest or not and pressure won't be on you.

It's best not to give out financial advice, even regarding something that may sound as easy as purchasing Bitcoin for a long-term investment. You cannot guarantee how someone will handle their money, and you may be the one to blame for their misfortune. Investments (such as holding bitcoin) do not only require patience, as the OP is suggesting. While it is a vital characteristic, you need to be able to afford forgetting these funds, possibly for a couple of years, no matter what. If you barely make ends meet, then it's certainly not advised to use your savings in Bitcoin. If something occurs and you need them, chances are that you might have to sell at a loss.

Edit: 2500th post, woo

^ BTC investment is not that risky, the deserved to be called risk is altcoins or shitcoins.
No one probably will fool people who will invest in a higher price and sell when the price is low. So if you understand the BTC movement, you did not worry about your holding but instead just patiently wait on it until your desired profit will come. That is definitely right, patience is a virtue and those who have this will claim a better prize. Avoid panic selling because when you are holding BTC only the amount will reduce but the quantity is not, if you owned 1 BTC it will always the same amount in your wallet, there is nothing loss not unless you will sell it on the exchange.

Learning to hold is a must especially as we are here in a volatile market. I can see the huge benefits of doing this but unfortunately, not all can do it in a very consistent matter, many had fail because it sometimes contradicts their beliefs and instinct. As we can see, many traders went unsuccessful and this is one reason causes for their failure as not all are willing to hold but have been influenced by their emotions.
Hold is a simple word to say but very difficult to execute. And it is not to wonder why many traders never win and reach their goal.

Gis will be always the best thing if we are holding the sure investment. In this case, is Bitcoin. If we are talking about altcoins, I am not sure about it because not all altcoins are able to rise up and grow, survive and develop. but Bitcoin can really be trusted and valued, moreover for long-term investment. W can learn from the previous bearish era where for Bitcoin. this crypto can always survive and then pass the previous ATH. But for altcoins, not all are able to do it. that is why we must be sure and smart enough to choose which crypto is going to be long-term holding with patience. Patience is the key, but we must also know the right thing to hold.

Really very true. Patience to hold is the most important thing if you are in for safeguarding your money. Otherwise all you'll be doing is selling at the wrong times and buying at the exact top when it's actually time to sell. But the sad part is that this patience only gets developed with time. You cannot expect a new investor to be patient right from start, he'll go through many losses until he becomes this patient.

Those are definitely powerful reasons why weak hands are not capable to hold their coins but I think there are even more reasons for that, probably one of the most simple explanations is that weak hands do not really know what they are getting into, it is easy to look at the charts and think you can endure a crash of 80% but it is a completely different thing to actually experiment such crash, and watch your portfolio losing value in fiat almost every day, so the weak hands cannot take it and they sell their coins.

I believe this is something like when you invested early with compounding that invested later on.
We, retail investors, are also big players in the market, it's like if we combined all together, we are big though. That's why they must underestimate retail investors because a lot of people telling that institutional investors are always the key players which I don't think so. There are a lot of retail investors who are hodling and keep buying even small amounts of Bitcoin.

You must not hold crypto or shitcoins for long time since everytime the price will always decrease especially in bear market, most of shitcoins can't survive and will become dead coin. If you hold Bitcoin for long time, of course it's the best decision since Bitcoin already proving to everyone if it's really good for long term investment.

Although this thread is posted on Trading discussion, trading Bitcoin isn't easy like we see on many videos. It's really need a lot experience and skills if you want to make profit.

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?

Of course, when we decide to hold Bitcoin or any cryptocurrency, the requirements of being patient are immediately included, because we will not be able to wait for a long time without the characteristic of being "Patient" the result of our chosen decision is good.

to be honest, it would be hard to tell a novice to hold Bitcoin long-term. history gives us a lesson that Bitcoin in the long run always gives us more than a trade.
some beginners are interested in trading with short profits. not a long-term investment that will make people's patience run out. especially if market conditions are in a severe decline. it tends to make beginners panic with investment values that continue to decline.

A huge majority of the time the reasons why people can't hold consistently is either the lack of conviction(hence knowledge) concerning the asset being held, being overly-exposed to the asset, or both.

Not only newbies that prefer trading, it depends from person to person.

Some people are no more newbies but they prefer to just trade, even if they lose, they will only regret it after a massive bull market. Some traders like to diversify, they scalp, day trade, swing trade and also they hold, I mean they trade and hold as well. While some people only just hold.

A newbie with proper guidance can know the benefits of holding and can follow and hold, but some lack the information and can follow the wrong way and lose until they realized it after a massive bull market.

I guess it's base on the person itself, on how he will hold his bitcoin or not. Others see it as just a year of hold and or others longer or at least a whole cycle. And when you have invested money that you can afford to lose then obviously you will hold as if nothing will affect you even if t there is a huge drop of price just like what we are right now.

So it could be a gift as the OP defined it, but others might see it different.

Also if I may add, yes we hold but do we follow security precautions and practice safe hygiene?

The introducer should also explain It is not like you invest in the night and when you wake up in the morning you will get a huge profit. Rather you have to be patience for at least the next 2 years And invest only that money in it, which he will not need for in this period.

Even after this, if he sells it for any reason and books loss, then the introducer cannot be held responsible for this as he already told him.

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I've personally helped some people buy bitcoin and I told them in advance that this is an investment for the long term and you should not pay much attention to whether you are in loss or small profit. The only thing in your mind should be to sell this bitcoin in the next bull market. Which will start after 6 month or year after btc halving.

It's either they were looking for a quick profit, or the investment they made in the first place couldn't be afforded to lose so they were rather fearful about investing it in the first place, especially in an asset that would take say a year or two (which is already short imo) to grow.
Wouldn't say so. Bitcoin may have grown to tens of thousands of dollars in price (and may grow in the future), but it's space for profit was unlike what it was in the beginning. It is nonetheless still profit though so I don't think anyone going to complain about that.

Any investment is always risky, heck even a quick lookup on crypto investments would say that it's probably riskier than other investments due to its volatility, but it's also this that made it possible to profit big in its cycles. Blaming whoever recommended it to you simply means the person doing the blaming was never meant to invest since they couldn't even do basic research in the first place.

It's on the detriment of an investor to decide when to make withdraw of it's investment, it's not mandatory that you keep holding your funds when you are encounter with a problem. So that's why in every time we so emphasis that the best way of investment or holding a coin is with your spare funds.

Some investment that will trigger the investors to cash out the investment when theirs pressing issues to the investors, meaning that such investors to have a target before venturing into the investment, so any long term investment have a specific target and duration because cashing out the investors funds.

The bolded part above was the right answer and this isn't in the beginner's mindset, because they want a quick profit.  Something like an easy way to get rich quick schemes that they always think Bitcoin is the same as that.  So if individual investors know the previous history of the market they'll surely understand the market sentiment and how it'll move and play in the market.

There's a right prize when an investor has enough patience to wait the right time to sell, and always has a goal in cutting profit even though how long it is.
But the problem is, there's a huge number of newbies that easily to get panic by a simple FUD than the old investors who understand the market.

That is why Bitcoin investment is different from centralized investment, because you need to apply patience to your holding whenever there is a bear season in the market so that you will not hate Bitcoin investment when the bear continue. Anyone that want to achieve a good profits from Bitcoin investment need to remove fear in the time of bear and apple boldness to hold long until the bull season appear in the market. This period we are, is to buy Bitcoin and hold for the bull time to come before you can sell to earn from your investment.

Holding and having patience while the market is crashing is a big challenge for most long-term investors but to those who have been into this kind of market situation before, this isn't new anymore and is just easy to deal with for them. Patience is always the key though it's hard to apply sometimes. If we're into a long-term investment, we have no choice but to wait and trust the process. If we'll panic during the waiting process, we'll surely lose track so we better focus on our target goal. Good things come to those who wait just like what happened to successful Bitcoin investors so as much as possible, we should learn how to wait for the right time weather to sell or to buy.

It's not easy to tell others about patience in holding crypto assets, especially people who need to learn more about crypto. They will often complain about why the price has decreased when we can take profits, and so on. But if we can teach them to always look for other information and say that crypto will have its time to improve and that's when we can see how much profit we can get.

I always advise people who want to invest in bitcoin to use the money they don't use. The easiest way is to set aside some money to buy bitcoins in a certain time, for example, a year and we do it every month. But if they can learn more, especially about how to increase their bitcoin amount using trading, surely they can see a lot more profit. But they have to be able to analyze better to get that advantage.

Well basically I agree that a good introduction when recommending someone invest in bitcoin is to ask them to be a holder rather than a trader. Bitcoin is potentially much more expensive in the future than it is now, so it's best to ignore short-term price volatility and start focusing on longer-term targets.

If they sell at a lower price, I think they misunderstood the market. The purpose of investing is to make a profit, actually profits are not always in the short term because they may be obtained in the long term. So they have to remain patient after deciding to invest in bitcoin. In 2024 we can expect something bigger than 2021, but that is only an unproven possibility.

Few people can have this patience. Even large investment institutions go bankrupt in a bear market. This has already happened. It can be said responsibly that 90% of the people in the crypto world are speculators, and they all aim to make money. There is no subsequent bull market without panic selling. Bitcoin does not rise in a straight line, the road is always tortuous.

It's not really easy to hold if that's not your spare money and you're only relying with your investment. It's tempting to sell especially if you already need it. So how can you hold for long period if you started investing using the money that you can't live without? This is one of the reason why some of us failed to hold for long term despite of the fact that it's a good strategy to gain since it's already proven to be profitable especially for holding an established coins. It really takes guts and patience but not everyone can do it even they want to try.

When you hold a bitcoin, the first enemy you face is yourself; you will be tempted to sell it for a small profit because you are afraid it will fall in value. Also, when the price is low and you are losing money, you are tempted to sell it to cut losses. When we hold bitcoin, we should have a target profit or a target date for when we will sell it so that we have a concrete plan that this is the right time to take profit, as well as a limit as to where this would be the trigger point to sell it to cut the loss. 

But, trading is much harder than investing right? This is why if we are to give advice to a newbie, we always say that they should start with hodling. This is where they familiarize with the market and by the time they know how this market works, that's the time they can try trading. Bitcoin isn't just any other coin but as you said it has a long history already.

We can just based on it and use it as an inspiration to hodl harder because we know that there will be benefits that are waiting for us in the end. In times where the market is declining heavily, I don't think someone can pull out a trade. Panicking doesn't help either but the only best thing to do here is to just calm down, hodl and buy.

With regard to investing in bitcoin, when the price is not favorable most investors want to sell due to some factors like most investors take loans to invest forgetting that bitcoin is a long-term investment that you must have the patience to actually get profit. This is true holding, dealing with human perception when things are not going well we get discouraged. The best piece of advice is to never take out a loan to buy bitcoin. Each business has unique risks. We should create our own private means of accumulation that won't interfere with our everyday lives in order to accumulate wealth because it is preferable to be patient than to sell below the price at which it was obtained.

Selling investments at a loss is the worst situation we could be in and should only happen as the last solution if there are no alternatives. Before selling at a loss I would always consider holding the coin until prices recover. Only when a project turned bad and there is no chance for the price to recover we should get rid of our position. Holding is the best strategy for me, it requires almost no management and requires the least amount of time compared to other strategies. I agree with you that it can be hard in some situations to stick to holding and not follow the herd in panic sells. Checking the prices of my coins is making me too nervous and increases the pressure to trade more often. When I first started with crypto trading I was checking my portfolio 6-7 times per day,  it got really hard to not constantly check prices. Now I only check the bitcoin price once per day and my portfolio 2-3 per week. Taking a step back from the fast moving prices helped me a lot to remain more calm and not feel the pressure to trade more often.

I believe people who are telling others to hold Bitcoin are the people who have been in the market for long term. It's about the sentiment and how you deal when you witness more than one market cycle and you watch the price going up a lot and then down a lot more than one time, so this situation produced a lot of Bitcoin believers. Indeed, Bitcoin still have a long path even if we considered it as a bubble or a zero value asset like what Bitcoin haters say, even if it's a bubble it still needs to attract bigger capital. In my opinion, investing in Bitcoin will continue giving high ROI in comparision with other markets, but it will be lower than previous cycles ROI.

I agree that patience is really important when it comes to trading, especially in crypto market. And, I think that along with patience, discipline is fundamental. It is indeed beneficial if a trader is patient in achieving target goal, and in every step towards it. Also, being disciplined in keeping emotion and judgments in check, and in continuous learning. But I believe that even with these traits, success will be difficult to attain if a trader is not cultured to the market. Needless to say, no matter where market that a trader wishes to trade, he must first study how the market works.

My few years of trading experience has taught me that the expression, "No hurry in life" isn't just a mere saying. There's much wisdom in that simple expression. It's in this industry that one finds out the virtue in patience and waiting. Those who bought at the last ATH of $68k+ will definitely be counting their loses that is a repercussion for not waiting for price correction while it was surging last year. It is even worse for those who couldn't exercise patience to wait for recovery and have sold off before now (surely, it must return to $64k and even surpass it). The whole idea is to hodl till the next circle, otherwise one loses out on maximum profit. Those who will pay more in regrets and primum tears are those who aren't utilizing this price discount now to buy cheap.

Patience is needed in many ways, not only in investing or trading crypto. But as we already know, only a few people can have maximum patience because some can't be patient, especially when they see the market fall that has occurred at this time. Maybe we find it difficult to go through this, but we must keep trying because things will soon change for the better. And if we haven't used the moment to our advantage, we could be late in taking advantage of the rising market.

I've got a bad experience about encouraging people to invest in bitcoin and that's why I'm almost silent on it whenever I've got peers talking about finances and investments unless they ask my opinion.

Patience of each person I've talked to, I can't measure but most of them got lesser patience tolerance and that's why when the market have been slumping during their first time of buying bitcoin.

It didn't do well on their part because they see their money going down through the lowered price of bitcoin.

Patience is a virtue as that saying says,and that is in every aspect of life.What I learned from several years in Bitcoin world and in the mining world is that the importance of holding cannot be stressed out enough,I was mining in 2018 when everybody else shut down their rigs yet I believed in a great recovery and a new all time high of Bitcoin which I got lucky and sold a lot in 2021 at over 60.000 dollars for Bitcoin.Now I mine again ETHW the new coin but I have already the experience to hold and I will be ready to hit it big again when this coin will raise in value if it ever does,if it doesn't I will still win a decent amount by mining it during this time.

Well perhaps it is in investing but not in trading, trading is more on technical analysis or perhaps a fundamental --but when you are relying alone upon patience, you will perhaps be left on the train which the market trend. Trading is not simple as we think that when you have patience there is a higher chance of making a profit. It needs skills and knowledge.
However, investing and holding it in a long term would work perfectly fine.

Everything will depend on what goal you are pursuing by investing $100. If you expect to receive $10000 from such an investment, then you will not get such a profit. But if your expectations are more realistic, then it will be likely to get $500-700 profit, which is naturally higher than any bank interest.

The key to earn money is through trading and investing. Both might look similar but are yet very different.
For some, trading is more convenient since they don't have to deal with huge price swings and earn quick profits in the short term.
They get the rewards quickly when compared to investing which is a long term process.
We need to hold it no matter in which direction the trend goes in the short term.
This is where many people find their ideal choice of earning money and for me it is investing.
I have tried trading but eventually lost money but when I hold it for a long term it certainly gives huge profits.

Anything in it for itself, not being able to spend an investment is really a gift, because it means that extra money for you that you wouldn’t be needing to live. Most of the time, people are not able to hold their investments because they need the money. And I think that’s also one of the reasons where people cash out.

I think there is also a factor with luck because it’s not everything that the hold would be of value in the long-term. Not everything rises in price. It’s best to be managing your money.

In my opinion, your opinion is a little wrong in trading, not only in the short term, but also in the medium term and long term (it can also be called investment).

When you do short-term trading it will be riskier because of rapid price changes and you are required to continue trading and must be able to read the candle well and capital management. quick gains, but also provide quick losses. while for the long term (investment), you only need to buy at the bottom price in your opinion, and hold it for the long term according to the target to be achieved.

But when you try to trade short-term and lose money, you are already contradicting your own statement that short-term trading is more comfortable with quick profits because it doesn't deal with large price swings.

actually the long-term or short-term is the same, depending on how you do it, everything is knowledgeable and appropriate with everyone's passion.

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.

The key to earn money in all of the world for majority of people is to work and earn. I feel like that should be true for people in bitcoin as well but unfortunately they do not see that as a possibility. I think if you worked hard, and worked for a good boss, then you would earn a lot of bitcoins to begin with.

I do that and I have been living an amazing life for many years now, my boss is lovely and my job is lovely and my payment is in bitcoins and I am doing great, saving some of that aside each month usually aside from some bad debt months. Long story short, trading is not the only way, do not see that as a way to get out, it's not really a must.

During long term investment it's when we adhere to such advice of be patient and not panic for investment that will like to stay like two years or Three years, but for trading, it's also required patient as you portray, but the patient of trading is when you know what is obtainable at particular point in time, but a process whereby you don't know exactly what is obtainable, you will not knowing when to be patient in trading and when not be patient.

Having patience in cryptocurrency investment can be achieved by having multiple sources of income so you don't run out of money when the market is in bear season. The main reason people sell their Bitcoin or other cryptocurrency is because they need money.
If you have other businesses that is putting money in your pocket then you can invest and hold you investment for as long as you want.
The mistakes people make is that they take their investment in bitcoin as a job and expect it to give them day to day feeding money.
They forget that Bitcoin gain is seasonal so for you to benefit you have to be patient and wait for the profit season for you to benefit.

Holding a cryptocurrency investment is more than just a gift because it is about understanding how to keep one investment, discipline, and doing it smartly.
I think it is time that the people who find holding to be a problem understand how things work when we're talking about investment. The secret the wealthy people use is to keep their investment asset, they take a loan against the asset which will technically free them from paying tax, and also buy a life insurance policy as collateral which will protect everything that they owe.
Another method is the DCA but if the person is having a problem with holding again there is a method of locking BTC for a certain set of years through all these methods holdings will be easy to do.

I heavily agree into this one which is really indeed true on which on the time that you do have other sources of income and when you do see your crypto investment is decreasing then you wont really be creating or

having that kind of panic on which you could eventually hold up your position without any problems or you could wait up for a long period of time and since you are accumulating coins then holding wont really be
problem compared to those who are having only one source of income.

You would really be finding yourself on a very tough position when you do have only a single source.Being patient is on someones persons quality it we
do really differ on level or tolerance with it.

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.

But too much patience could really have that negative effects which it is really not that always been good because if you do wait up that much, there are things which are more worth which you do need to sell it

up.Just like the case where Bitcoin did able to reach up 69k? If you have sold into those peak levels then you wont really be needing to wait up further or too long for you to sell out.
You could eventually make some buybacks later on because its really that impossible for a market wont really be having any corrections or pullbacks.
In overall its true that patience is a virtue but just like on what the rest been saying on here that it does really differ on each person yet there are lots of factors which could really affect out into your decisions
in life or into your investment.

There are many factors that will determine if one would hold a particular coin for a very long time or a short period of time.
Most often cryptocurrency investors always ignore the advice to always invest with the amount of money they are willing to lose.
They instead will prefer to invest the money they will be needing for their next day meal or they will be needing to pay their rent at the end of the month.
Someone who invest this type of money in Bitcoin or any other cryptocurrency, it is obvious they cannot hold it for a very long time.
No one will be applauded for holding a coin and  dying of hunger. Holding only makes sense when you invest what you are able to lose and a particular percentage that will not affect your living.

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.

A person's ability to hold BTC depends on the income earned, whether it is enough to meet all the main needs and can set aside to continue buying BTC, if your colleague is still having difficulty meeting his main needs, it is very possible for him to sell even though he is at a loss.
Holds are indeed profitable when done on Bitcoin but they only work well for people who are already economically stable.

Each and every trader and investor do exist only for profit booking and concerning fundamentals or not is depending on their level of expertise. For short term trading/investing, you usually do not need to bother fundamental things; only technical analysis is more than enough (this does not mean you can trade any fundamentally weak coin; always choosing right coin through fundamental analysis is highly recommended). But, for long term holding, you must always stick with fundamental things.

To enjoy the expected benefits out of bitcoin investment, we must exercise patience. So, being gifted with the skill of patience is just matter of choice. If you need better benefits then you must learn to wait or else, rush and book the little.

Many investors and traders want to make a quick profit in the market, but when the market goes down or in a bear market, they panic or fear investing and always end up losing money.
So patience is the key to investment or trading. We must have enough crypto investment experience to choose and have enough patience to hold tokens for a long time. When investors are patient enough to wait for the right selling opportunity, they can make a profit. Be patient and wait for a bull market to arrive before selling to profit from your investment.

Long-term investments require patience to hold. However, I don't believe it is called a gift. Unless investors are making impulsive decisions. It is widespread. People invest money in the belief that it will instantly make them wealthy. They viewed "long term" and refer it as months instead of years. The greatest method to avoid being tempted to withdraw an investment that is meant for a long-term goal is to do this; only invest money that you can afford to lose. Also, keep in mind that extra cash differs from funds set aside for emergencies.

It should probably be reminded that any investment is always a risk, and investments in cryptocurrencies are considered high-risk. On the other hand, as practice has shown, everyone who invested in Bitcoin at the bottom, everyone had the opportunity to sell it at a very high price and make good money, which indicates the correct choice of investments in favor of Bitcoin. And it also tells us that in this case everyone who invested and just waited won. As for the situation at the moment, it is important to understand that the situation may repeat itself, and on the contrary, everything can go according to a different scenario. It’s like before, people didn’t know that BTC would eventually reach great heights, but the one who believed in Bitcoin won in the end. So here everyone should decide for himself what he will do, and not follow the advice.

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.

In my opinion, holding is the most interesting strategy for a player in the crypto industry. 

Many coins (Bitcoin, Monero) have a deflationary emission model.  This means that over time, their supply on the free market will decrease, and the price will increase accordingly. 

The cryptocurrency market is an arena of ingenious manipulations by large players (whales). 

However, the holder is not afraid of manipulation by the whales, since the manipulators strive for quick profits, and the holders hold their coins for a very long time.

Often it takes time for investors to get used to such markets. Lack of previous exposure to speculative market is the reason that makes people shaky during severe movements. But even for a person naive to crypto can learn these things by working on their habits and observing the charts regularly while actually dummy trading. Patience needs practice is what I have felt and with that comes a lot of confidence.

I think it is a skill that can be learnt, but again the habit of being dedicated to learn something is another topic of discussion. This is why we see calm and composed traders rarely but they are the ones making the maximum profits.

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 could be something ending up on a mistake or not because there are ones who had holding been that much which do really ends up on a disaster.This is why holding isnt always that a good thing but considering

we are dealing with crypto then we do know that it could give out that kind of chance which earnings could be potentially able to hit up for how many fold and this is why people would always be suggesting that we

must really hold up our crypto coins specially with Bitcoin and some other worthy altcoins in the market.If you do have feels that this might become that big then it would
really be depending into your choice and since each person does have its own choice.

Most investors in the crypto market don't want to be patient, and don't want to spend time doing research. When an investor makes any investment, he needs to think in advance what he is investing in and what he expects from it. Because there are many aspects to be taken care of in holding, the recent events of the crypto market indicate that. I think investing long term and patiently holding the free money in Bitcoin and Ethereum will yield golden results.

But people invest all their funds in one coin which leads to risk later. So in the case of holding and money management should be followed, so that there is no need to take separate pressure to meet the living expenses.

There are people with patience, and there are shitcoiners.  If you've held Bitcoin for a good amount of time, you've probably made a lot of money.  If you've traded altcoins for a good amount of time, you've probably lost a lot of money.  That's just how it works.  That patience to hold Bitcoin has been rewarding for many.  I've even heard that Bitcoin exists to reward savers and punish traders.  That seems to be true looking backward.  I don't think given a long enough time frame the future will be any different.  Buy Bitcoin, hold onto your BTC, don't let any exchange or service talk you out of them, and you'll probably do alright. 

The patience to hold is an effort, for, not all people are able to be patient for holding. However, with so much FUD and negative news we can find it in the crypto industry. When the price keeps decreasing and can't rise up quickly, this is the time when our patience is very tested. And once we can pass it, this will really ring us to harvest the results.

We know that being patient is not easy. Many parties are influencing, confronting and making us doubt our decision. But, as long as we have the idea and target of our investment, and know enough what our inevstment in the future, this will does not disturb much for us.

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.

I agree with your assumptions, but ultimately bitcoin is not for those who dislike price volatility and other risks. Many people don't want to invest in highly volatile assets like bitcoin because they think it's the easiest way to lose money. Therefore, you won't be surprised to learn that there are still many people who want to save or make deposito at the bank at any time.

I don't want to go too far, I think for the people I know also have less confidence in investment assets like bitcoin. They believe more in gold or bank deposito can give them profit and safe. To be honest, I don't want to force them to believe in bitcoin, so I'm not going to make a big deal out of it no matter what the decision is.

Success is always rely on how you win each trade and how you manage your losses as well. I like both the argument with decision making as it is really the benefiting factor when investing.

Patience is a key, but timing will drive you to make good winning trade, adoption and know how to
adjust to each situation.

It's not easy, but you can make things happen when you already understand everything that around
the business that you are in, balance and good management of both time and money when placing
your investment.

Bank has lower risk but lower profit; bitcoin has high risk but high reward. You must decide wisely what risk you will take; will you play it safe? then go to the bank and make a time deposit, but if you are a risk taker, then invest in bitcoin, but first gain knowledge yourself so that you are not surprised by bitcoin. Risking huge money now is difficult, which is why some investors will invest in other assests. But those who really want to take a risk will invest in bitcoin, but they will conduct research first to lessen the risk, and they have plans. This applies to all investments; you can lessen the risk if you have plans.

Basically what you said is true and for now the market is still in a bearish condition and that seems to be making some people hesitate to invest,
investing in Bitcoin is always a good choice and whether it is profitable or not depends on many factors

As much as it has been mentioned many time by people that the ideal approach is to be patient and hold, I believe enough patience and hodl is the key but also the  difficult strategy because it is difficult to be watching your assets declining in value without  not having any doubts, particularly when the Bitcoin market  price is in declining.You might consider selling your Bitcoin  and not to lose all and use the money to invest in other things, unless you are the type of person who is well-versed in the fluctuations in the market price of bitcoin and has dealt with similar situations in the past. In that case, it might not give a damn because it believe that the Bitcoin bear market will surely be over one day.

According to the history of Bitcoin, which began approximately 13 years ago, and from what users have observed, if you are patient and hold Bitcoin for a long time, you will make money from it regardless of what over.

It do always falls down on how someone could put up some risk into their investment, if they could really be able to bare up with the risk then they would surely invest but if not then they would really be hesitating on
doing so and this had been a common reaction or thing on which most people would really be doing on this bear market.We are really that indeed that having the fear since we dont really like to lose money and we dont really like to see our portfolio in negative which it is really that very or pretty common having this kind of reaction since we are really just humans.
When it comes to patience and discipline then each one of us is really different in levels due to some several factors too.

In addition, there are a large number of people who are distrustful of cryptocurrency. And it is those who will continue to place their money in the bank at 1% per annum, which will be devalued by inflation. In this case, they will never be able to increase their capital, but there is also no risk of losing their money.

If you are solely purchasing Bitcoin with free money that you have no other plans to spend, holding is actually quite simple. The reason there are so many weak hands in cryptocurrency is that these people keep investing money that should be going toward basic requirements, insurance, and life savings. The impulse to spend the money invested in Bitcoin is what continues causing cryptocurrency holders to lose their grip.
If only you would put money into investments that have no other intention than to buy bitcoin. Because you have no need for it, you can hold onto your Bitcoin for as long as you like.

They don't trust cryptocurrency because they don't know about it. They are also unfortunate that no people nearby them open up this topic or even teach them the basic that's why they end up doubting it because they are unfamiliar also doesn't know what to do about it. Maybe if there's great adoption will come and crypto education will take place on their country especially to their cities for sure many people who doubt it will slowly adopt crypto on daily basis. Banks are dominant because they are the traditional and most common known to people so its not surprising at all that many still pick this even they know that they can only get small returns with their money deposited there.

Holding is very easy if you know what you're holding, what are their capabilities in the long run, and especially their worth. However, there might be some scenarios that could happen while waiting, like for example an emergency, where you need a large amount of money therefore you'll be force to sell your bitcoin and convert it in your local currency to assess the situation, or might be anything that is urgent.

That's why I always invest my fiat on cryptocurrency 60:40, I never forget to hold some extra fiat for my needs and just in case there would be an emergency. I don't wanna ruin the profit that I could make in the long run, so I always plan ahead.

Holding is one of the best strategy traders and investors used in other to gain profits in the space. it's very important that we also know the outcome of holding, one can either end in massive profits or heavy loss depending on the projects. Some projects turns out scam while some are solid. We should be be extremely careful not to invest on the wrong projects, because most of the coins turns out scam like we should review what happened to Terra Luna and FTX. There's still more to come and hoping to do proper research before investing.

It depends on the financial situation that you are in. If you believe in the future of Bitcoin regardless of its price right now (even if you are at a loss) and has enough funds to sustain every month, then the patience would be worth it despite that there are no promises or astronomical guaranteed returns.

But if you are not financially literate and not managing your finances well, then your patience might easily ran off and might be tempted to withdraw your Bitcoins anytime.

You make every effort not to reduce your investment assets as much as possible before the plan you make is achieved. that's good, and saving fiat is also important for savings that we can use in an emergency situation. and it will not change the investment planning that we do.
when investing in Bitcoin, then our thinking must be for the long term. and it will not let us down. but some people do not keep fiat or run out of fiat for their needs. of course there is no other option to sell under any circumstances. nothing to be sorry about.

It's like a skill which everyone can master with the experience, no matter you invested big or small there will be returns accordingly. For me it comes after lots of life lessons like many failure in both investment and business sector so everyone will have their lesson in their own way. One who can master as early as possible can make it big but better late than never.

A skills that you can enhance every time you enter the market and aim for the betterment of your result, something that you alone can decide and explain if how you see your opportunities.
I get that point and it's true, from those collective outcome you will learn and understand how to deal with it next time,
to extend your chances of getting good results.
better late than never, everyone have their opportunities and it will somehow needs to be enhance.

Patience isnt a skill but rather a behavior on which something that really needs to be mold up but since people are really different in any ways then there's no way that each person
does have same level when it comes to patience.Its true that it is really something that relevant or needed when you do deal up with crypto space which each decisions
would be made will really be having that significant outcome or results which its up to you whether which action you would really be making.
But i do agree on some words on here that having that patience or in too much state could really be making you on missing out those opportunities on selling too.

Behaviour in general is acceptable but when it comes to investment patience is a skill too loke our analytical, decision making,etc because it pays off at the end one who holds but either its behaviour or skill which can't be same for everyone and it takes time to understand the importance which varies from one to another.

True, most of the time this is not an innate skill but one that we learn through experience, however many people lose too much money before they learn how to hold their coins and this causes the effectivity of this strategy to go down as their capital is much lower than when they began their journey, so it is important to learn how to manage our money as well so when we suffer those losses which eventually develop our ability to hold our coins we do not lose too much money in this process.

growing from a hard fall experienced, most of the time traders learn after that past mistakes, mismanage finances and most of all fear with the market downfall.

But once you realize and understand how the market works and how you will be able to make
good money from the volatile market, things will suddenly change, and with the experienced
you gain, balance and proper management of your initial capital, gives you a decent outcome.

Of course, to achieve all of these things requires a lot of experience and ups and downs in trading. as well as psychology that will continue to be forged so that it can withstand all kinds of conditions. In addition to the balance of carrying out proper management of the initial capital, the analysis also needs to be done properly to find out where the market is going. Trading without doing analysis is the same as walking like a blind man. Patience and belief in what is held will also determine the final result.

Currently if we compare both the scenarios, then both have its own benefits. Investing all your money in Bitcoins is risky, as there is huge risk and chance involved that whether your money will grow or not. Additionally there are also high chances that, you will go in negative if the market falls. In bank your capital will be constant, it won’t decrease atleast. Now on the other hand Bank doesn’t give financial freedom on our own money, so here investing in Bitcoins will be better idea. I know this sounds confusing. But do what you are capable of.

We can make out those differentiation when it comes to its pro's and con's and its up to ours whether we could able to bare or deal with it or would not able to handle it on.Someones patience

could really be affected with some factors which would really dictate out whether you could really hold much longer or wouldnt be able to do so.Patience level does really vary on someone

because not all would really be having that kind of limit or tolerance when it comes to things which if we are really that serious in towards our Bitcoin or crypto
investment then we would really be holding it out no matter what happens on the market.

It's not all about how long they will hold, it's how knowledgeable they are about of what they are dealing with. It's easy to invest into something but hard to get the profit/ROI that you want. So, if a newbie would want to invest this might take some personal or shared experience before they decide what to do with their investment.

If they have a good mentor then they are lucky to have one compared to those who are self-learning because it might take some time before they learn their lesson.

That's one way to handle this I tell you that and surely, it's better than having it in the bank.

You know, holding isn't entirely beneficial to a business minded individual. Dob Don't me wrong, its profitable but still, if you look at the time frame (let's let's 4years) you use in holding $100 in bitcoin and it returns let's say, a %300, that would be far less when you get to run a profitable business with same amount for that time frame. That's if you don't come by some huge loses though.

Although, if we look at it ti's way, we could be doing it wrong. Because, there are aspects to every field and if I want to draw a comparison now with some close relativism as per where to look, I'll say

Holding in coin = Holding in banks (Just the act and not profit wise)
The percentage banks gives on holding fiat in 4years is far less compared to what you get from holding cryptos on 4year. For a 4years bitcoin holding, 300%+ is possible but for holding fiat in banks, your not sure of even 30%. That's some huge lose.

Trading coins = Running a business (This could go both ways as above)
Here, it's more about the risk and management so, it gets productive where you do great on both.

Hence, having them pitch there tent on what it is to gain from fiat in a bank and having some holdings in bitcoin is a great way to explain that. Just that, they should always get to decide and be educated on the risk involved.

Learning is so fast if someone who has a huge knowledge of a particular thing like investing in crypto will accompany us and share their ideas as well. Because what we get from reading online, watching YouTube is incomplete while if someone teaches you and explains to you face to face, it was easy to understand.

But also, if we wanted to enhance our knowledge and skills, we have to improve our mindset as well and tried to encourage ourselves not to be afraid of taking risks. Because this form of investment is not just all about knowledge and skills but also about the experience. More experience - more learning.

To master it you have to start small and gradually increase your position as you get more experience in the market. People just just into holding without even knowing what they're buying into. A newbie that bought shitcoin shoudn't be holding instead they should be looking for a way to sell when they see profits.

Holding should be for coins with strong fundamentals and community like Bitcoin Ethereum and BNB. This projects has higher chances of surviving for years and also has history but those newly launched project don't have such history so they can't be trusted.

When holding, start with funds that won't disorganized you if it gets lost in the market due to dip of the market as if you start your holding with much capital, it'll disorganized you and you might be forced into selling just to minimize your lost.

Holding is very toughest work. Holders can see a big portfolio crash but still who have hold for the future. Holders can't sell in panic. Holders need strong mind. Holders need to have holding ability for long time. Thus a holder can achieve success.

Holders can still sell in panic, those newbies panic sell because first, they are scared of losing (you should know at first that this is the part of holding a bitcoin), and second, they don't have knowledge at all, they jump in because of the hype. Holders should train their minds because holding is a mental game and a waiting game as to when the price goes up and sell it all as well as the patience as this will take years or more depending on your target price.

actually it is not a gift, I would say that when a person has money that they can afford to spend and they will not lack it and put it to buy bitcoin then that person will not panic when the price of bitcoin drops a lot, because that person does not need that money, he has more money to cover the needs he has, so he can wait many days until the price recovers and makes a profit, but the same cannot be said when a person invests money that he knows that after some time time will be needed, at that time that person starts to get desperate because the price has dropped and the money is no longer the same value, the money is reduced and then that person decides to sell before the price drops even more and he is left with little money

Holding cannot be as easy as what one thinks, mentality will greatly affect it, especially if you see a burning portfolio that is the time when our minds will fight between selling and continuing to defend what is held. This can be done by a professional who is already mentally trained, it will be different if it happens to beginners. Moreover, as discussed, lack of knowledge and they buy just because of the hype without any knowledge that they should have known from the start.

Learning won't be enough if they just take it from reading and watching, they should start to do something in order to gain that knowledge it's to put yourself to the test if you really deserve the knowledge you have. Risking is important in every aspect of life because if you don't do it, you will never learn even if you failed or succeed, at least you do what you gotta do.

There are a handful of people that can do this but only few people succeeded. It matters on how persistent you are of what you are doing to acquire that knowledge and experience.

Everything is needed for you to learn, reading up other experiences and knowledge wont really be enough for you to learn up everything which it is really still needed for you to
deal up with things on your own or something we do call out that real experience or engagement on a particular thing and not just reading it out.
Patience is really something that you do really need when investing on crypto but it does have its cons which you do also need to sell out when its needed.
Therefore, its not always talking about patience.

Sometimes it is, but sometimes it is not. The only key to it is finding other things to be distracted of since without any distraction, you'll likely to be looking too much into your investment on how much you earned within the day and it might even turn you unexpectedly into a day trader.

This was me back in 2018 when I was continuously repeating F5 and hitting refresh on the price of Bitcoin. Kind of annoying habit, I know but I grew out of it.

I see that idea, if someone can give you a deeper look at how the market works and you are willing to continue enhancing your own
knowledge all of the sudden you will learn how to be patience.

Though it is still on how you wanted to succeed and how willing you are to spend both your time
and efforts to find the right way to invest and hold while patiently waiting for the good bounce back
to earn a lot.

If someone is worried about the market condition after holding then he can have a lot of trouble. And if he doesn't worry about the bad condition of the market if he can keep his mind strong then I don't think he will have any problem.  But now the market situation is not very good.

Worrying is normal, but if it's too big it's not the nature of a holder. Never be a holder if you are worried that you are too big and make you uneasy. It will only torture you.
A holder must always be calm. Even though today there is a lot of bad news that attacks the trading platform. Not on coin products or theft. It seems like after the FTX case and more people are making bad news about other exchanges.
The last thing I read on Twitter  (https://twitter.com/mikealfred/status/1602461226550063105?s=20&t=zPIzdwd7l01UY46RkagN2g)was someone telling me to withdraw all the money in Binanace. After the news made things worse, they certainly tempted the Holders to move into save assets.

Traders and holders must have a difference, I mean traders may need to monitor market volatility to find the best times to sell and buy. Instead, holders only need to wait for their set price target to be reached before converting their profits. Traders or holders can worry about prices, good and bad prospects or anything that could affect the assets they own. But if they are holders, it's best to stay away from the market.

So far I don't really care about price movements, I'm not a trader but tend to invest a few dollars in the long term. Obviously ignoring market conditions "price volatility" has been a good thing for me as I don't think a small correction or jump will make a big difference. Stay calm, that is the best advice for holders but they need to stay updated on the development of the market situation.

Its normal since we are just humans but you shouldnt really make yourself go into that extent on where you are already changing up your investment decisions just because you had panic out.

Patience isnt something that all does posses, we do have that different level or extent on which not all could able to hold up that long.Patience could give out that positive result
but since nothing is assured when it comes to future aspect or perspective then there's no way that you do make yourself that  be numb on whatever situations that you might into.
Do make out actions according into your own knowledge and  skills or awareness on how this market behaves.Patience is not a gift but rather a common behavior or quality on a certain person has,
it is really just depending on how we would be using it.Some might able to hold that long and some cant really just afford on doing so.

Patience is absolutely a gift to holding on to your Bitcoin, now that is a very bold and true statement. Investing in general should only be taken by knowledgeable cryptocurrency investors. You are not going to get rich overnight.
Investing itself specially in Bitcoin is like going on “Mr.  Toad’s Wild Ride”, you've got the ups and downs. The price itself is somewhat a thrill experience, you are in for excitement when the price sores to sobbing when the price drops. 
Understanding the value of what it is for the future is what derives those holding on to every single Bitcoin that one has.

Worrying is a normal thing, but if it's excessive, of course it will be a problem because it's not impossible that we will make the wrong decision.
market conditions are still unstable and I think we need to be patient,
hope that in 2023 the market will improve

I think it is important for investors to carefully consider their options and to always be prepared for potential fluctuations in value, and invest with what they can set aside. This is at least how I prepare myself mentally for the long run and it eliminates a whole bunch of worrying.

I agree with you, and doubt about what is being held grows with the arrival of difficult days. And those who overexposed themselves and did not expect that the value of their asset could go down significantly are particularly vulnerable.

Well, it's not easy and simple to hold as it seems.

Actually it is not possible to control the crypto market. Crypto whale plays a big role here and small investors suffer more. It is true that we have to invest in different portion in different projects. We have to set our mind that we will be able to hold until get profited. After all profit and loss both are part of this sector.

There's no way on controlling this decentralized market although we know that whales,institutions and other huge things could really give out some significant impact in towards crypto prices.
If you've been here on this market for some couple of years then these current movements arent something that you would really be shocked upon. Its whether you do make
yourself being a holder or making yourself as an active trader or investor.It does really vary on how much you could able to withstand this uncertain market where
its movement is really that totally random and there's no way on knowing on what would comes next.

It's impossible to get yourself control the market and that's why if whales can't too, they're doing something else and that's to move the market through the media.

If you're overreactive with whatever they do and publish through news, you'll get caught and that's a problem that you have to think about.

There is no need to panic because the whales mostly taking the sold bitcoins and other good altcoins for them when panic has been shown by the public.

When you say investing in general, that means all types of investment and not only crypto. Not all that who engage in investing are knowledgeable by default but they still can learn and improve. This is why it is called investing because it can take for a long time for our assets to bear profits.

There is no such thing as getting rich overnight here not even for a pump and dump coins. You can earn quickly on them but their risks are also above the roof so they aren't recommended for all. When we invest we shouldn't focus on the value alone or the price but we need to focus on their inner value or technology. Bitcoin is one of those who are truly valuable so people should hold on it tightly.

I actually agree with you OP, it is always very difficult to hold for small investors, they are always looking at the money they invested especially if it is a large sum of money for the first time, unlike large scale investors who will just buy and forget the wallet until it needs comes. Poor investors who have few other sources of income are unable to do this; instead, they check their wallets almost daily to see if their balance has increased or decreased. You have a wonderful gift if you can actually hold.

Those who always think about earning a profit easily will end up like being desperate which leads to selling their coins at a cheap price.
I understand how these small investors are trying to reach but this seems impossible knowing that crypto investment never gives us instant return. That is why need to learn how to hold, keep ourselves in a calm state, and most of all, learn to understand the nature of the market as it never works according to our plan. If we can't manage to hold, it is best not to invest here otherwise, we suffered the most - losses and stress

Well, it is always difficult when an investment is made in crypto and review its value in Fiat, when we see and have Bitcoin and we see that the price can continue to fall, many things can happen, first of all a person who has in mind that the price will rise Don't worry, but not everyone thinks like that, patience here is something that can be given as a great gift, but if you have the certainty that bitcoin will rise in price, if you have that conviction, it is very likely that you are a very investor. Successful, while there is so much to wait, knowing how to take advantage of the fact that the price falls more will be the best thing to buy, and if that is understood, I think that it can give a great surprise.

There are lots of what if's in someones mind on situation like this.

What if it would reach out even higher?
What if this would be the peak?
What if the price would crash afterwards?

If you are a long term holder then you would really be mainly thinking or boggling up your mind that it wont really be that
bad to make some sell off and this is where case to case basis that do happens.

It's a gift for any kind of doing, not just crypto, although especially for it  ;D

This is a habit that shouldn't be done, yes, checking every day how much money is in the portfolio allows us to always want to quickly withdraw profits if our portfolio increases, or conversely we want to sell quickly when there is a decline because we are afraid of a deeper decline. But things like this will be very difficult to direct, except by ourselves. The mentality that speaks here, because one of the factors why we often see portfolios is none other than because we are not ready to hold on for a very long time.

Im guilty with this on which there is really the time that i do always check out the price every now and then on which i have told to myself that i would really be accumulating or holding for long term on which it is

really that just right that you shouldnt really check out the price very often because this would really trigger out that kind of emotion and thinking which you might make out some early sell or cut loss
specially on the time if its declining or making up some sell when it is really increasing a little bit which it do really remove the real essence if you are really that tending to hold.
This is why it would really be that ideal that you should really not check the prices every now and then and its true that this do really boils up on someones control and discipline because if you
do lack off with these things then pretty sure that you would really be seeing or finding it hard.

Hopefully you can get rid of this habit slowly, because it will affect our behavior towards the assets we are holding. If we are investors who are ready to hold for a long time, this is actually an easy thing to do, except as I said before, we are investors who don't intend to hold for a long time, surely we will do it every day or even every day. time to see the contents of our portfolio.
To avoid this kind of thing, we can do it by looking for activities that will forget the assets we hold, or in other words, looking for activities that will keep us busy so we don't have time to do it.

One of the most important aspects of holding Bitcoin is patience; if you are patient, you will undoubtedly reap the benefits of Bitcoin. As a new Bitcoin investor, you should learn about its volatility before investing. You should only invest money that you know you can afford to lose if something goes wrong, and you should buy when the time is right and sell when you know you have enough profit from your investment.

This is true. Like for example when we work out (go to the gym). We shouldn't rush to see the results because it won't just come out after a week or two but it takes several months. This why many got bored and quit on what they are doing because they lack of patience. Same with cryptos.

It's not something that can make us a millionaire overnight but it can take years or even decades because the adoption is not at its highest yet. Until now there are still lots of countries or people who are not yet on them but they will soon discover and get involved with it. It might be true that patience is a gift but if you are not blessed to be given by it then it is still/also possible to learn it.

Corecct, if you have that strong will and patience the chance to earn is always with you, bitcoin can surprise you any time.
If you understand volatility, you can simply adjust and you will not struggle when there's movement that unexpected, instead
you will just wait and hold.
Using the money that you can afford to lose helps not to panic, you will wait knowing that there's always a chance of bounce
back and you will harvest the rewards if you wait or if you add more during the bear season.

In reality, the majority are impatient people. In fact, we can take a picture of our family and you will see that many are rushing to reach their goal.
This behavior can't be inherent to others but it can be influenced by a person who has a deep understanding of success. Because reaching our goal needs patience and ample time plus hard work. That is not to wonder why many people lose their hopes and fail because they are not doing the thing they are supposed to do (patience) as they likely it happen instant.

In this scenario, i think any one that call it's self investors supposed to know that it's supposed to buy and store now that Bitcoin is having challenges in the market, so i believe that should sometimes we will consider that Long term investment is the thing that gives profit in cryptocurrency investment, but some people doesn't know that such is in existence. Holding a coin for long time is matter of endurance and patience, and many people has become a billionaire because of the risk taking to hold coins with patients in long term

Holding is the bold step that traders triggered in other to get long profits in the space. Investors and traders are not reluctant in their actions as the experience ones tend to adapt to the pattern of holding, they execute long time to understand the market and how it operates. Holding is not meant for all traders, however forbearance is been put into action. Risk is involved in everything concerning the market and the true fact is, there's gain and loss, we should be able to accept when things go contrary to what we expect.

If we are into playing safe, Holding is the best thing to do especially during the bear season. But we can't say it was the most profitable strategy as we also consider what coin we are holding. Maybe if that is Bitcoin and ETH it is definitely not impossible but if are just holding shitcoins and hype coins, we can never expect from them.
As we are here in crypto, I think we need to learn how to extend our patience because not all the time the market is good. Sometimes we got under pressure but we need to stay focused and do what is best.

Even holding doesnt guarantee 100% safe investment strategy although the risk would really be that minimal compared when you are really making active engagement when it comes to trading.
There are people who cant really just bare up with the risk which is something not that surprising.Even myself do consider on holding because im not really that much interested nor really that
afraid when it comes to certain risk.You cant really just make yourself that too confident on things which you dont actually have no idea on what you would gonna do.
Its up to your choice which path you would gonna take.

it has been proven to buy and hold for a long time, which can be used as a guide from several halving periods, but many are unable and willing to be patient for that. why not be prepared to be patient ? there are many problems because of this problem, but if those who do have sufficient and somewhat more funds, certainly can afford to be patient to continue to endure. but not for those who really need to be able to continue trading, because the capital must be rotated continuously.

agree that if you really want to hold on for a long time for coins that do have proven prospects such as bitcoin and ethereum, of course they can be very reliable. but if you hold other coins, of course you need to consider if you want to hold on for a long time, because these coins may not be on the market for the foreseeable future.
it is indeed more convincing to determine coins that are actually ranked in the top 10 only, if you really have to do it and don't try anything else

I believe that the long-hold strategy is indeed the safest and most reliable course of action for only the best ranked coins.
agree, everything is ultimately returned to each individual to determine everything because the one who will experience it is yourself.

  First of all, the arrival of the bull run does not mean that you will make a lot of money, it is not like that. You do have bitcoin that you bought today, are you holding the full amount of bitcoin holdings? because even if the Bullrun comes if you only hold a little bit of bitcoin let's say 0.01btc entering the bull run, this value will not make you rich, but at least you will earn.

And no one knows when the bull season will start because it is unpredictable, but most people are sure of one thing and that is that bitcoin will increase in value which most people do not expect. And a lot of people rely on Bitcoin this is the reality here in this industry.

so holding bitcoin is not a gift but a choice if you can do it, this is just from my own perspective and understand

hi

With my experience in the market by just being a holder, it's worth it and even if it's for a while, I've made decent profits from it. As you have mentioned about long term holding is the safest, I agree on that.
Those that want to become rich quickly, they invest and choose those projects that they think will pump in no time and then they'll just get out of it as soon as possible.

That's right mate, you really have to always prioritize if you really want to get more than what you usually do, if you don't have a priority scale, you will be stuck with routines, which may result in you not being able to get more than what you want.

The desire to get rich quickly, as you said, is indeed one of the priority scales that must be carried out and it requires patience, accuracy, in analyzing so that it can be tested, so that you don't make the wrong investment decisions which can pump in a short time and be profitable and come out right away.

but sometimes greed can also cloud everything that has been predicted beforehand but cannot go well, because it doesn't come out as quickly as possible but hopes to get more profit which actually makes the situation not in accordance with its main purpose.

you are absolutely correct and the things you said are things I've experienced myself, I actually lost out completely on 2020/2021 bull run because some serious issues came up which required good amount of money to solve, I had no choice but to sell off most of my crypto holdings , and this happened just about 2 months before the bull run began, I could not make any money, I lost completely, I sold all my bitcoins and other cryptos at a loss just before the bull run, while the entire market was rallying up, I was just watching while counting my loses which was adding every seconds, this was one of my worst times in crypto, never in my life have I felt as bad as i felt those period..

And about recommending newbies to buy bitcoin, I must agree with you that its risky, its something one must apply wisdom when doing, else, you just gonna make a lot of enemies off friends you only intended to help.

Worth it for those people who doesnt really like to involved the risk on dealing with volatility on which they do rather keep themselves into their position and would really be just waiting for the right time for the price to pump up but there are people who arent really that confident when it comes to longevity on when they would be able to make profits or money and this is why they would really be tending to deal up with the price
upfront and would love to play volatility which they would prefer on trading or whatever things that they would be doing.Its true that not all are really that good when it comes to holding their assets
specially for long time on which there's no way that you could really be able to resist if you dont have that self control.

The desire to get rich quickly is not just a futile and loss bearing greedy feeling, but it is also an unrealistic one. I mean if anyone sits down even for 15 seconds and asks themselves "if it was easy to get rich quick, in any way or shape or form, would I be the one who discovered it for the first time ever?" and they will understand why so many people are poor, because getting rich quickly doesn't exist.

But you could get rich, not quickly but still get rich, how? Well, simply by holding. Do you imagine that if you invested all of your money into bitcoin today, in 20 years you won't be rich? I bet you would be, and that is what we need to do, and how we can get rich.

They are totally forgot on how things work in trading especially ... there is huge return indeed but a lot of risk in it as well. Having such way to think might save you from a huge loss and mislead you from a deep hole of dreamy crazy rich overnight , that's almost impossible.

I said almost , so yeah you could become rich overnight in trading crypto in very special condition which only few percentage.

If they are always monitoring their assets, it will be tough to control their emotions. Fear and greed are the common mistakes when
you are inside this industry, it's really a good skill if you know how to control your emotions.

Holding for long-term is something that a trader needs to be established, a gift, yes, because not all
are capable and it's really need to have a good control with your own decision making.

Hold can either get one's account loaded with profits or liquidated with reference to the project been invested on. Patience is the key factor of becoming financially stable in the market. Holding a coin for a long period of time and getting good profits as rewards at the end of the bull road maps for the projects is only earnable with patience. There are varieties of projects in the space, some are meant for short term while some are long term  for holding, the main target is to be patient with the project, until it makes it's bull run up.

Hodl and patience go hand in hand in the crypto world. If you want to succeed in crypto, you need to have both essential strategies. As you persevere in pursuing long-term objectives, your patience increases as you hold out hope for the better.


It is not a good idea to advise someone lacking in patience to invest in bitcoin. Not everyone has the time to wait patiently while their bitcoin rises and falls over the long and short terms, depending on the state of the cryptocurrency market. But If you are to recommend someone to invest in bitcoin, try to find out the level of his or her patience in bitcoin. His answer will determine whether it is okay to advise him to invest in bitcoin or not

I think that if a person can invest in Bitcoin then he will never lose. He will have to wait a long time to get profit and if he can't wait then he can lose. And if one can invest for long time then he will have a lot of money.  It will be profitable. I have invested some money in Bitcoin and now I am almost in profit. If I can wait some more days then maybe I will get more profit.

Bitcoin is more suitable for long-term investment. It is important to invest in Bitcoin and hold it patiently. Being patient in a market downturn is not easy for most investors. If you can control your emotions and continue to accumulate and hold, you will get rich returns.

It is never an option to tell someone to buy bitcoin if they are a newbie and have no knowledge about what bitcoin is and what it does. If they know the fundamental of bitcoin and its usage, then they will obviously HODL till its value is high enough to give them the profit.
Don't ask them how long they can HODL. Instead teach them the basic of Bitcoin.

But in reality there are many professional traders who can't resist the urge to sell their bitcoins after few percent increase. Sometimes several things can disturb you psychologically about your belief in the potential future of bitcoin, including work, illness or so on. Holding forever also won't be very profitable for you because bitcoin prices tend to fluctuate once the cycle changes.

Beginners tend to rush when making decisions and that has made most of them fail to make profits or even have to suffer losses. The basics of bitcoin and trading must be learned as it is clear that it will form good psychology on the way. Obviously I don't think it's as easy as it sounds, but his experience and interest in continuing to grow strong will definitely make him more capable of making decisions.

Teach them if they had been asking but if not then pretty sure that the do already know and already aware on what are the things that they should gonna do.This is why it would really be that depending

on how someone would really be handling out their investment because not all would really be that good on doing so due to some common factors specially on the time of FUds and anxiety towards the market
specially on bear times where everybody could really be in panic.When you do have some future holding plans towards your assets or coins then you should stand strong with it and wont really be letting yourself
that get affected for whatever things that you would really be able to encounter which this had always been the main concern and something that cant be predicted on whatever actions you would make along the way.

Ability to hold your crypto in a wallet without spending in a bad times its a a strong character trait. How do you have the ability not to panic when the price of tokens has fallen, and there is a desire to sell them. But all this is worthless if you do not know how to feel the moment when you need to sell crypto at high price.
For example, I didn't see it in 2018, and after all time high, I just flew down without fixing it in usdt.

Bad times meaning in bear market or if you need money for emergency purposes? Because if it is for emergency no matter what the price is you need to sell it as you needed money and that is your purpose why you hold bitcoin but in terms of panic sell that is really a wrong move as you just got scared that the price will drop to 0 even if it is impossible. Though for sure those people who panic sell they regret that and will buy back again even if the price they bought are higher. That is why those who has a strong hands will be getting a lot of profit and those who panic will lose and quit

It can be said that bitcoin investment is a game of patience, the reward will only be given to the most deserving person, persistently holding bitcoin to the end no matter what happens. Bitcoin is very fair, it doesn't matter when you enter the market, the important thing is how long you will stay in the market, and you will receive a commensurate reward. Financial markets are where the money goes from the weak hands to the diamond hands.

Not everyone has the ability to buy and hold a coin for a long time. There are many who buy and hold various coins. But whenever the value of that coin goes down a bit, those people get excited and worry so much that they sell some of them when the market is bad. I think it's totally worthless because buying coins at higher prices and selling them during lower prices has no value. At that time we forget that the market not only goes up but also goes down. So when we go down, we have to show maximum endurance at that time.  We have got proof of this several times, many people bought and held coins during the market Urdu speed, but when the market went down a little, most of the people sold their coins, but later the market went back to a better condition than before. So if we buy and hold any coin then we must have maximum patience. If we can be patient then we will surely see the face of success.

This mistake was made by many at that time, but it’s one thing if you hold bitcoin, and another thing if you didn’t sell altcoins, many of which simply turned out a scam.

You can call it an experience, or a lesson, but in fact it is a loss of funds and a waste of precious time. After that, I got the understanding that you can only rely on bitcoin as a long-term investment. If we analyze the further movement of the market, then we see that after bitcoin reached its ATH, it could be sold and this would allow buying back in a bear market, unless, of course, there was bitcoin in the wallet.

And now, after so many mistakes, I see that bitcoin hold can bring much better results than trading. I'm talking about my experience, maybe for some it's different, but long-term investment in bitcoin for me at the moment is the best strategy.

Well, there are several types of crypto investors
 a. long-term investors
 b. short-term investors
 c. undecided investors

I could see that these undecided investors have full of uncertainties and are very prone to changing their decision depending on the market situation.
Of course, I understand their stance during price correction but I see it was not good at all if we keep that kind of thinking. We know the volatility of the market, being too emotional couldn't warrant profit but instead losses.

As we see the history of bitcoin its clear that bitcoin gives a good at least 5x returns for his holders in bear market , And if you guys have patience then 25k$ is not a bad price to buy bitcoin for holds because many investors buy bitcoin above 30k and holding so why not take this advantage of this dump market because its our last chance and 2023 is a year that gives us chances to buy bitcoin so cheap before going to higher levels 50,60 and then breaks all time high ,
So take advantage and buy bitcoin every month in parts , And only Hold for next year .

The fact that people think doing "nothing" is a gift shows how much we really care about the current situation of crypto trading. Normally, it's literally just buying bitcoin and that's it, your job is done, go do whatever you want. However, for some reason it became something hard for some people and I have no idea why that happened and how that happened.

I would personally say that the hardest thing about the current situation would be making it harder to follow what you normally do, because if you haven't bought any yet, then that's fine, and after you buy some, you should go back to doing whatever you were doing before buying, why would that be any hard to anyone.

Honestly, I really agree with this. Patience is the key and gift at once when we are investing in Bitcoin. but this is not easy because we will meet so many obstacles in holding, moreover FUD. I cannot deny that sometimes, some people will worry so much with their portfolio whether the assets will be risinng up again or not. but in this case, actually as long as we have bitcoin investmnet, we should not worry much. Commonly, Bitcoin will have the cycle to rise up moreover during the bullish era, so we can really find and get the best gift or rewards of our long awaits.

Holding is not a very easy to is why we need to be very relax and know what we are doing so that we will not fall I'm the hand of the wrong people. To hold is a great virtue that is why we need to be prepared and get in so that the seeking of others will not make us to sell our holdings. Holding is not a easy task that is why we need to be that patient for us to hold for a long time. The market can be very manipulatuve if we are not careful that can make us to sell our homeings when the price is till little to sell.
I made so many mistakes few years ago when the price of Bitcoin was still fluctuating and I ended up to sell my holdings.

Reality wise, holding is not easy if you keep monitoring the price action inside the trading market. I agree that it will take time before you can really adopt from this kind of strategy.

You need to have a big nerve and a strong trust with how you percept and predict the next market run,
you won't be affected by any price fluctuation if you have that kind of gestures that you can avoid losing
patience and have that fear in making your decision un-appropriately.

When holding it is indeed not enough if you only monitor and follow the prices on the market,
however strategy is still important and it definitely takes time to use it,
which is clearly holding is not that easy because it takes a lot of things to prepare.

If we invest in bitcoin for the long term, then there is a possibility that our waiting for years will be paid off with the large returns provided by bitcoin, because so far, if we look at the price of bitcoin, it will usually always get a higher price after each halving event and this has been proven in the previous year because when the halving is near investors of course they will put large amounts of funds into the market to take advantage of the event resulting in a large purchase and will make the price of bitcoin increase to a higher level and even make it possible to create new ATH again.

HODLING is certainly not easy that's why we have limited number of successful traders while majority are losers. Majority of traders don't have patience that's why we see huge selling whenever market is down (remember bitcoin massive selling during events like Bitcoin falls after Elon Musk tweets breakup meme (https://www.cnbc.com/2021/06/04/bitcoin-falls-after-elon-musk-tweets-breakup-meme.html)).
The (art, skill or technique of) Patience must be learned by every trader since its very difficult to progress without it in crypto.

Based on what OP has shared, I don't think they have enough knowledge about it. So it is safe to teach them beforehand. We were all newbies at some point and to this day, we are still learning something new every day. There's no limit on how much we can learn, but to be a part of something we need to at least learn the pros and cons. It does depend from person to person. So we should ask first and learn from them too. Maybe they know something that we don't. And we know something that they don't. It's like give and take.
I think in crypto world, it is the best way to learn.

I say that patience is one of the talents that investors have, patience is something unique that gives long-term results, I have also read it in some books by Warren Buffet where he recommends it, of course world events are currently going at a different pace .

About 50 years ago the world was moving differently, more could be done regarding the markets, of course, as I said before in other threads, big time investors don't mind leaving an investment of $10k or more in shares for 8-10 years without touching that money, because they have a way to solve their basic needs, currently people cannot afford that luxury, because with a minimum investment it implies many sacrifices that they cannot make.

Some people did not understand this because they believe that leaving their money for a long time will not benefit them because they will use it for some business and make more profit, whereas others do not have the mindset to invest such a large sum and overlook the investment.

There are people who constantly check their wallets to see how much profit they have already made, whereas true long-term investors will simply leave their wallets aside until it is their target time to check the wallets and then see the amount of money inside the wallet; these types of investors are the best because they have enough profit that they will never regret the time they wasted while investing.

The virtue of holding for as long as is only possible for anyone when they have lots to spare, and the money used for the investment is such money that you can do without. Because it's a different thing for someone that therefore uses his or her savings to invest in crypto and was expecting that possibly within a year a bull run must have taken place, in course of such expectation it doesn't go as planned there's a much tendency to for such a person to cut trade in loss, unlike someone that has much and just used a fraction out of that much to invest such a person would not be bond with expectation, what their mind will be waiting for is bull market no matter the length of time.

So in summary, what actually determines a person's virtue to wait is expectation, how much you have outside what you used in investment, these are also factors that affects people's virtue to be patient with their investment.

Crypto trading if you know us is something that has to be taken with great caution, what I recommend and will always recommend is before trading, read books on how the market moves, and study all the possible scenarios very well, and last of all I would start technical analysis, and once all that was achieved, I think I would go trading with fictitious money, because it is the safest step, not only to test the strategy but to test myself by testing each exchange tool, because a bad practice that makes s could become a great loss, that is something that we must be clear about, otherwise money is lost and that is what we do not want.

I'd say that there is no universal investing approach: if you choose to invest in bitcoin and wait for really long term it can be a beneficial strategy as bitcoin is an inflationary asset. But if you invest in some other assets from modern inflationary economy and you'll prefer not to manage your portfolio you can lose as easily as get a revenue. Entire sectors of the economy can disappear with time if technological revolution will give us something else in the same field. You should not be too impulsive, but you should not forget about your investments as well, it is always important to find a balance. IMO.

At the first place we know how does the market volatility might risk all of our assets by this the investor must need to make sure that they have an enough knowledge to prevent those losses or cut those losses. Better to seek a plan for the executions of trades such as if you are going for a long term investment which is you are aiming and waiting for the another bull run of the market or else having a some take rides with the market volatility which is short term trading if the market pumps for a week go for a profit and cut loss if you didn't reach the goal you want to. Most ideal always have an update with the current status of the news in the market so you keep yourself aware when to buy again or sell.

As OP has said, you always need to trade in demo mode, or with play money, if I could start over the first thing I would do is not make the mistake I did, which was to learn technical analysis first.

I learned the other way around, because I know that before learning Technical Analysis it is recommended to know the reason for the movements, I would concentrate on knowing the reason for such movements in a period associated with an event and how it developed, as well as the market Bitcoin and cryptocurrencies are closely related to altcoins, you would know when you should buy altcoins, that the ideal moment is when Bitcoin is in an uptrend (confirmed) and thus wait for the first setback to be able to buy and generate more money, I think That way I would take advantage of everything.

Investing ain't no joke, bro. You gotta have some serious virtue to stick with it. Warren Buffet, the boss of investing, knows what's up when he says patience is key. I feel ya, it's tough to slow down in this fast-paced world we live in, but you gotta do it if you wanna see some real long-term gains.

Personally, I've been on this investing grind for a minute now, and I've learned that having a solid long-term investment strategy is where it's at. I ain't gonna lie, there were times when I invested in a company that I was feeling, but then the stock price started buggin' and I wanted to bounce. But I didn't, I stayed patient and held onto that investment like a boss. And ya know what? Over time, the stock price leveled out, and I got paid!

People be sleeping on long-term investments, thinking they can make more money with short-term opportunities. But lemme tell ya, long-term investing provides that sense of security and stability that short-term investments just can't touch. Real talk, successful long-term investors don't constantly check their wallets, they stay true to their investment strategy and have the discipline to stay the course.

Demo mode most likely use for trying another execution of technical analysis and at the same time is for the people who want to start in trading without having an idea what they are dealing with, sooner once you will feel you are already confident with the tools you are using that's the time you will try with your real money of course not all the time trading execution executes properly it depends on the whales market manipulation, one of my best strategy is to have a waiting pattern. Wondering what kind of strategy you are using too?.

Yes, when we enter the investment world, we must have what is called "patience". I will also say that the investment is not suitable for people who do not have patience. How could they possibly hold on for so long when they were impatient? Especially if we invest in cryptocurrencies whose movements are not the same as other stock exchanges.
There are many factors that make investors sometimes rush to make decisions, one of which is they can't wait to hold on for a long time, it's a problem that can only be overcome by yourself.

Patience also has limit, I mean they must not remain impatient to not sell when the expected returns have been achieved. For example, it's hard for me to expect bitcoin to be 6x ATH in past, so when it gets to 3x ATH, then they should be able to determine what their investment goals are.

But when their investment assets haven't returns the expected returns, then they have to be patient but stick to something that makes sense. Long-term hold is one that is recommended, but don't forget to take profits when the return target has been reached.

When indeed our target is like that then it is also not a real mistake because on the other hand we also have to be aware that we will not be here forever so when we have got the target we want why not.
But if you really still want to stick with a higher multiple, that's even better because regardless of anything, it's in your own hands. Hodl when we want to stay for the long term and get out if we feel this has become an advantage, I don't think it's wrong.

Hold if you think that things can proceed to what you percept the market will be, but if you set your expectations and it was already achieved then it's also okay to released your holdings with decent profits.

Depending from how you set your plan and how you execute your strategy, traders always have different
point of views which in general all are aiming to earn money.

This is what i do have in mind is to Take profit out when im happy or contented.Im not really that going for long term anymore on which it would really be just wise if you do take profits no matter what.
It is really just depending on how someone could withhold their positions on the time that they had bought in on a particular price.Waiting game does really test out your patience and we do all
know that not all people are really that having a long one which means that you could really potentially make bad decisions because your emotions do kicks in.
Lucky if it was a good call but most of the time which being impulsive does really give some harm.

I know that patient is one of the things that makes long run investors to make profit, but profit making in cryptocurrency for long investors is dependable on the kind of coin you invested on, and the potentiality of the coin. Some good investors who makes research of coins do make profit for short term investment than long run investment, because some long run investment some of the altcoins that doesn't have a good potential do give off on the process, while some of short term investment the coins that lacks potential do bring up a profit. Sshall it depends.

Holding, especially in bitcoin is a very profitable measure. Though it is very difficult to attain but when someone who is so determined and have another stream of income holds in Bitcoin, he will definately enjoy his massive return.
The bull run will profit those who invested for a very long term, and are patience enough to hold. The patience to hold in cryptocurrency especially at the bear market is so difficult but it will inturn results to a massive profit.

I see patience as a virtue, but of course if there is bitcoin in Hodl mode it is best to be patient because it does not make any sense to sell btc at a price like the one we have because considering the last ath it is not smart to do it, first because it would be losing money and second it would be throwing away so much waiting time, monitoring and resisting so many storms through which bitcoin has gone, this without counting the amount of fud that has been generated, those things are what a holder must take into consideration.

maybe those who understand say keeping money in the bank years is worse and better to keep it in bitcoin, but for those who don't understand it's hard and they don't believe it. believe me I've told my friend and he said it's impossible.

if the coin or altcoin is as trusted as bitcoin, ethereum or BNB, then there is no worry about holding it in the long term, but if the altcoin is new and you have done research according to personal analysis, then it is better for the short term, considering that new altcoins seem very easy to be manipulated, so that if we don't take advantage immediately, we are afraid that the project will actually experience a setback and we will lose capital, so even waiting for a long time seems meaningless

maybe true but everyone also has a different mentality, someone may be able to calmly see their portfolio minus 50%, but not for others, that's why I say that.
even if they hold top coin like btc,eth,bnb, if they see their money decrease they will start to panic.

Why would anyone keep money in banks with such sort of mentality? Any institution that provides banking services is only there to protect itself; there is nothing in it for the people who invest their money. For this reason, bitcoin is the best asset to invest in. It might take years, but holding on to your money will eventually pay off, and you should never panic to sell when there is bad news. Some people have regretted this decision because they sold their coin and it later grew in value. Bitcoin and perhaps other good cryptocurrencies are the safest places to store your money ever.

I do see holding as a challenge we need to overcome or else we might become a loser. The market will always want to confuse us or make us do that we don't have intention of doing that is why we always need to follow our predictions about the market so that nothing will make us to be scared of the next direction the market want to go. Holding is something we need to learn so that we can reap our fruit or being patient. It is never easy to hold but the strong who are able to withstand the turbulence of the market with surely be happy when the market finally goes to the bullish direction.

It is true that holding cryptocurrency is a big challenge but if you can invest in the right place then at the end of the day profit will be achieved. And those who fail to make the right choice for holding will be losers by holding. Especially those who invest in alt coins and hold, they face these issues more. But with a little effort, those who will hold bitcoin coins will see that one day they will be good gainers.

@OP This isn't the case with everyone because let's say those who held after buying from $65k and are still holding are the ones who call themselves to be stupid because they bought in the top. However, if we speak about people who got in earlier and let's say the ones who bought when we didn't even touch $10k are truly the ones who's got the balls to hold crypto like never before. It's never been easy to hodl anything because any person in this world needs money at some point of time where emergency takes place and that's when they take out these investments and sell them.

It must be remembered that banking has been around for a long time and has become a part of the life of the majority of people who have used it to store and allocate money so far. so it's not easy and you can't change that behavior to switch to bitcoin which may also be foreign to those who don't know. but of course not for those who already know about bitcoin thoroughly, it is certain that those who already understand will prefer bitcoin. because the value of the profit is very large compared to banking in general, only adjustments will be able to make them understand.

Why would really be making yourself that struggle up on making choices if you could actually be able to use both? Its not necessarily for you to choose only one if we do speak about Bitcoin and Banking.

We do have our own wills on what are the things that we should really get involved in and we do know about the limitations.In speaking about holding, then we do really know that this isnt something
that anyone could be able to attain or achieve since each one of us does have that different level of patience on particular things.

Try to look into those who had been able to hold for a very long time specially with Bitcoin? They had been able to benefit it out but of course you should always set that selling point.

For small and medium investors who start with a low amount, the potential ROI may not be significant in the short term. However, if they hold onto their investment for a longer period, there is a possibility that they may see significant returns if the price of Bitcoin or other cryptocurrencies increases over time.

Understanding the underlying risks attached to the asset in quoteis very important.

Yeah, that's true but one way to maintain holding for a long period is by distracting yourself,  just take your mind off the price of whatever coin you're holding that way you'll reduce the chances of you ever panicking because your attention has been drawn to another thing.

I am not sure if it will work for everyone but for me, that is what I do once I buy some button to add to my stash I just take my mind off it and concentrate on what step to take next in improving my investment strategy and that has been working for me.

I agree.

Not all coins except from the top coins and other big coins has the potential to be profitable in long term. Random altcoins that you're gonna buy because it's cheap and you can afford it doesn't mean it is worth to hold for the long run, most of the time, it will just make you regret holding shitcoins. Bitcoin however is a different topic, holding it for the long run after you bought it in a dip gives you confident that it will definitely gives you profit in the long run.

this method is worth a try, where we don't often see the market so we don't pay too much attention to market movements. it's different if we often monitor the market, of course it will make us panic, whether it's floating minus or floating plus. Over time, if this is left unchecked, it will mess up our minds so that we take a path that is not in accordance with the original plan. moreover this often happens to new investors, who are not yet strong psychologically due to too often looking at the market

Patience is a very good thing, but for how long.  Everything should have a limit, but when the limit is crossed, can one be patient?  This term has become very popular in cryptocurrency.If you look at Bitcoin it can be seen that it has been in the same position for almost 2 years.  Do you think two years of patience?  What is the use of patience if no result is obtained by patience?Everyone is now discouraged from being patient.  But there are some good coins in the market which are sustaining cryptocurrency, if we talk about altcoins, I am not sure about it altcoins need much time to rise and grow.But later it is seen that the altcoins are not able to be enabled.  I don't know what is going to happen in 2023.

Profit is always profit no matter how small your investment is. Those small or medium investors you mean is for sure it is still huge money we are talking into unless you are just an ordinary person that holds bitcoin worth $50 which still not relatively small but if you gain 100% profit then it would be $100 then where can you pick up those $ 50 profits with just holding? No matter how small or big it is only up the person if he/she is contented.

The smaller investment the bigger impact different commissions have on it. Sometimes asset is growing, but selling it and withdrawing will cost more than profit investor got. So a size in this case can matter. The same about bitcoin: for transferring a million a commission will be very low and for transferring a couple of bucks it will be rather high, and moreover if you have no option of spending it directly many exchanges have a minimal withdrawal amount, you'll have no option of withdrawing just a couple of bucks.

I Know One Of Old Slogan Like This Old Is Gold So When You Are In Loss Than Your Need To Wait Patience And Wait Again Bounch Back Than You Take Your Profit.

Altcoins are still very risky, going up and growing is also unpredictable. There will be many losses if the altcoin is not developed anymore. But the top altcoins are still the go-to.
Patience will indeed have a limit, but when you hold bitcoin you will have great hopes, depending on what price you will hold because you will definitely determine the main selling price. If it still doesn't reach the main price then there will be no sales even though for 2 years the price remains the same. Must have persistence in holding bitcoins, it will be a good capital, when the price has been reached there will be many benefits for you.

The ROI methodology is very simple. If you have invested small amounts then you are not taking any risk and thus your returns would be small as well. On the other hand if you have invested heavily then your risk is highest and so as to your returns as well. That’s how it works. Considering we are in highly volatile market you can also add up that risk and multiply it to the above pre involved risks. With the time bitcoin will be upward trend picker due to its limited supply and everything but to achieve your ROI you have to be consistent with the holding process. Not only that, you must bring down the average cost of purchase to lowest end.

When investing in a new altcoin during a bull run, that investment is often known as a risky investment. We know that there are more than 11000 alt coins in the coin market most of which are inactive. While many alt coins saw good trading volumes during the bull market, their existence suffered during the bear market. There are many alt coins that will never recover. So investment should be done carefully.

Actually theirs no problem by holding ethereal and BNB and litecoin, the reason while maybe likely to hold the above mentioned coins is because they have potential in altcoins generation, but any other altcoin may lack potential during the long stay occurrence of bearish market, the main reason while like holding bitcoin  bitcoin it has more potential than any other coins and it survived bearish season frequently while some altcoins give off during the process or time of bearish market. I can't not point that people dislike altcoins, investors hold coin due to the result of their research basically on a coins in their list life span.

there is no peace for me if I have minus 50% of my assets, maybe I will cry all night bemoaning fate to wait until the period returns to 100% or even more, you will surely regret why not let go when the assets are reduced from the previous profit

The question I ask anytime anybody approaches me about bitcoin/crypto investment I very simple and direct. I just ask them, how much are you willing to throw away into the air? Since investing in crypto requires patience, it's best to let them know they are throwing away money and when it finally pays, they should consider it a jackpot.

Not everyone has the same patience, many hold for a short time and many hold for a long time. But everyone should have a target that he will sell the coins if he gains this amount. If there was such a target, maybe many people would not have suffered so much. I have seen a lot of investors who get restless after investing and keep watching the market again and again and then go crazy selling the coins whenever the market goes down a bit. But my point is if I have to sell at a loss then why did I invest. My main objective of investing is to earn profit.

So I think there is no option to be patient after investing and we always know that the fruit of patience is always sweet.  So those who have the ability to invest for the long term should invest for the long term.

You should know that after a bull market, the market usually takes about 2-4 years to pump again or cross it's previous all time high so holding for two years should be the minimum you are meant to hold your Bitcoin if you want to be in the profiting side when the bull market returns. You aren't also supposed to have a timeframe of when you become impatient with Bitcoin.

If you're speaking about altcoins then I can say you should have a time limit since you never know what the fate of these coins are in the next bull market. They could be reigning now but what happens when they aren't getting the hype they use to get before. Have patience limit with altcoins but not Bitcoin.

Working with ourselves' mood is very important. It is better to remember that you haven't lost anything until you sold your asset. If it is not a trash asset you still have it even if its charts show negative trends. Moreover you have the same amount of the same asset. It is not easy to assure ourselves is such things because they don't look like obvious, but we should, because otherwise health problems can cover the positive effect of investing. If it is still too painful maybe we should invest less so it becomes less important if the charts go down.

well, anyone might panic when they see that our assets are minus above -50%. but to decide to keep holding it or releasing it really depends on the type of coin we hold. it is important to do in-depth research or analysis before deciding to invest in a coin. but if it's bitcoin then maybe it'll be a little quieter to hold. but if it's a shitcoin then I think even a lot of shitcoins that don't go back up and become worthless the more we hold them. so that what is meant by holding firmly becomes a gift is only in coins with strong fundamentals such as Bitcoin, Ethereum and BNB. but when it comes to panic, it is a normal thing that is always there for everyone. but excessive panic is what needs to be avoided. and people who panic easily are because they enter a field that they don't recognize the potential for in the future. because people who know good potential in the future will be calmer and not panic easily.

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

Because of the total unpredictability and randomness of this market then it is really that hard to tell on what would happen into those coins that we've been holding.Some would really be skeptical on using it up and some wouldn't really care because they do treat it up as having no potential for future but we cant really be that 100% so sure if it would be a complete trash or would really be pumped up. Its true that patience does really play a great role when it comes to someones success but we know that it does really need up some mix of luck considering we dont know on which or what coins are actually that worth to be hold
up for long term.

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.

Patience to hold is not a gift instead it is a matter of choice. That's why we always have two options: Hold or Not, Buy or not, Earn or not. This is the only logic in the topic you made. Just like what you did, the topic I chose here is To respect you because that is your belief and point of view, Although we have different points of view, I opposed what you said with respect.

        That's why when the market falls, our emotions are mixed with panic and not, whether to sell or not, but if you know that you are a long-term holder you will stick to the word HOLD, but if you are a day trader or scalper you will sell for sure not to Hold, it's that simple.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Correct, we will never be enough with the money.

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

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.
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 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.

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.