Bitcoin Forum

This is not the first time bitcoin is experiencing price drop, it only needs few time; months or years to correct and hit another ATH. Few years back many investors took the loss and cashed out their money, believing that bitcoin settled for lesser price. Don't be in such a hurry to move out your investment; bitcoin is falling in price so that it can rise up again. Below is a tweet of a bitcoin investor 12 years ago, that should encourage people to hodl and hope for the best in the market. I know some will never sell, when it hits a high price, but for profits purposes there's no gain in withdrawing an investment now that the price is below or slightly above the amount you bought in the market. Unless you depend on the funds for survival or for other important dispute, keep holding on. Tom only had to wait for 6 years to meet the 2017 pump; a long time indeed! Isn't the wait worth it?

https://pbs.twimg.com/media/FyqGCTdWwAE-GUp?format=jpg&name=small

Photo @Rizzo (https://twitter.com/pete_rizzo_)

I think the we have gotten over the huge drop, it was from last year, the negative effect of FTX collapse doing some damage to the market when we bottom at $15,500. So right now, this is just a rebound from that. We even touch $31,000 around March-April if I'm not mistaken. And technically we are still in the bear market, so be ready to experience some drop or even a big one. Just like what we have seen after SEC filed a case against Binance, we thought that we will retest $23k again as $25k support has crumbled, and yet we are back to above $25k again.

So patience is the key here, or just continue to stack sats, just look for the long term perspective. For sure those who have seen the previous bear/bull cycle knows what to do and has a lot of mental toughness.

Nothing's new if you're here for years, in this industry. If you know the possible reasons of the market price decline then you shouldn't be worried of things. Best thing is to wait for the bottom and accumulate more to be held until the next bullrun. Nothing would come in an instant. What happened recently with large exchangers of this industry, probably created FUD and FOMO towards investors simply because things were associated with alike occurrnce last year. Also with the CME gap around $20k, therefore it is normal. I'd rather just sleep on this one and avoid checking the market often to avoid stressing myself out. The market prices would either go up or down, and that should be it.

Yea, newbies or I should say some crypto amateurs would would not be convinced about the whole long period of waiting time just as on the picture you provided. But some Bitcoinners who are experienced here would know that the waiting time is not yet reached and even if it does and price is still down, they can give it more time. It's just how the markets have always been right from time. Cryptocurrency price are dynamic, that there is not very accurate predictions, so we should just keep holding and also buying the Dip or using DCA to accumulate more Bitcoin in this season. 

I still remember an old saying, that goes , "after rain, comes sun." the price is down now but will still normalize within some period of time

If you are a long-term holder you should know how many years you will hold the Bitcoin you bought. And you should also have a lot of patience if you do decide to hold Bitcoin. Because if you are not sure that you have long patience, you are not good for long-term investment in my opinion.

But he has been waiting for 6 years (Thomas), he should be patient and not waste the year that has passed just because he feels he is impatient because the thing he is expecting here will take a long time to happen.

From the years that I've been into this market, that's what I've learned and that's to take profit when it's on high. It's not gonna hurt my ego to have to see my lessened portfolio because that's how it should go, to enjoy my profits earned from my investments on this market.

Other than that, holding is truly one of the best strategies that I've ever learned. These scenarios of plummets and crashes, it taught me a lot of things especially in forcing me to be patient when I'm thinking of dumping as much as I can.

Waiting for this kind of jump will take a long time, it cannot be seen with just a few days of investment.
People who hodl since the beginning of bitcoin and sell it when ATH in 2017 or even ATH 2021 will be a long-term investment that is worth the time it takes. But of course only a few percent of people can hold it until now.
The long term will be very difficult when only focusing on quick profits.

Buy now and try to hold it for the next 5-6 years, the profit might be worth the time.
Buying more and holding until the new ATH is reached is also good enough, but can it last for a long time?
because the market will continue to fluctuate and will play the psychology of everyone who holds it. then it's better to buy and forget.

6 years of wait is more than enough than we compare it with any investment like a stock. As I know, Warren Buffet is wait for 10 years to get a profit from the stock he bought. While the bitcoiners is just waiting only 4 years when we calculate with halving bitcoin period. So, I don't know why we don't have a bit of patience. the growth and profit of bitcoin is much bigger than other investments, so when we have a bit forbear, our wealth is the same as 20 years time investor.

The weakness that we have is we don't focus on what we held and are easily influenced by dumper. That homework we should to solved.

for people who invest using money that is ready to lose or idle money, of course, they will be calm in facing any situation and of course they will be patient even though they have to wait for years, but for people who invest using money that is not ready to lose, of course they will feel frustrated because the btc price is always down and down, and it will certainly be tiring for investors who use money who are not ready to lose or who are not idle.

but personally I really enjoy my investment because I invest using idle money and am ready to take risks.

No, I am not tired or waiting for any pump to happen as soon as today. Just give it some time, it literally went from $3000 to $69000. That's a 23x move.
Let it calm down, let the shitcoins craze go down, then we will start going up again. Most probably after the next Bitcoin Halving which is scheduled for May-June 2024.

We had a drop recently, not a crash. A drop is better than any crash.  ;D

The Bitcoin Crash of 2021 Compared to Past Sell-Offs (https://www.visualcapitalist.com/bitcoin-historical-corrections-from-all-time-highs/)
https://www.visualcapitalist.com/wp-content/uploads/2021/05/Artboard-1-2.jpg

You would see a latest drop is better than all crashes in the image.

If Bitcoin block reward halving continues its historical effects like past halvings and previous bull cycles.

About 315 more days (https://www.bitcoinblockhalf.com/) till the 2024 halving.

Buying high, selling low or buying low and selling high or around all time high, you decide.

When you sell, others who are buying would think they are taking an opportunity. When you are buying, others who are selling would think that you are taking risk.

I don't think that getting tired should be one traits of a investors, not just in bitcoin, but in any other markets. So definitely, it's going to be a long and hard for us, but along the way of holding for a long time, it's going to be very good for us.

Maybe the best approach is try to hold for at least one cycle and see it for yourself. Definitely you are going to make money on that time frame. But if you want more profits then you should hold a bit longer.

To those who are impatient with Bitcoin, take time to review its previous price movements. It's up and down all the time. But the up is always worth waiting. It pays to wait. Bitcoin is a waiting game most of the time. You lose patience and sell when Bitcoin is down, you lose money. Buy low sell high is a Bitcoin investment advice that can't get old. If only we stay within reason and stick to this, we can't go wrong.

If you're feeling tired, perhaps you're checking on the price too often. Quit it, especially during the not-so-good days. Do some other things.

I think it is understandable that many of us lose patience in investing in btc, since our lives are not tied to btc alone, not everyone has the complete financial freedom to invest comfortably, as well as have the experience to implement a plan that helps balance both life and investment. And the fact that the market is so volatile on a personal level, I will console myself, this is a good opportunity to help purify this market as well as have more time to accumulate and wait for a new bull cycle future. If you wait patiently for the price of BTC to increase over time, I think everyone will get a good profit, but this market includes many different factors as well as different investors.

Homework is never done when bad hands are holding and not focusing on what is being held.
Always panicking when the dumper starts working, getting affected by FOMO and not following the strategy already made.
Everything done will only end in losses. People like this really need to psychologically train themselves when trading or investing.

The next halving is the target for everyone to start selling their holdings and today it is only necessary to buy and hold on.
But those who panic too much will not be able to hold on until the 2024 halving.

It happens quite often, even when I first started trading, I was always cornered by the situation of whether to sell at a loss or hold it.
When the price always goes down, I finally cut loss and buy again when FOMO occurs.
It is quite a meaningful experience for me to be careful in every trade or investment.

Trying to hold for one cycle may need to be tested. After the 4th Halving, this is a good time.
Now it is just a matter of buying and holding for a short period of time. The halving will happen next year at the start of May.

Checking prices every day or every time is only done by day traders or scalping traders.
Those who invest for the long term should only check when necessary.

Because if it is seen every day it will interfere with the strategy that has been compiled, because market fluctuations will affect our minds to start selling it when the price continues to fall or even rises but does not reach the target.

Technically you shouldn't buy bitcoin to make profit :P
Bitcoin is not meant for profit making, it is the only decentralized money that is created to give you financial sovereignty. In fact if you ask me the reason why price hasn't been going up similar to a couple of years ago is because the adopters have changed from those who believe in bitcoin to those who want to make a quick profit. Which is why they panic sell at the sight of first bump in the road and create a sell pressure preventing the rise.

Of course we can't talk about bitcoin price without mentioning the current ongoing economic crisis in the world specially the recession in the West.

Yeah these are the stories I am looking forward to print and put on my desk. Gives me inspiration how people lost the path of being millionaires. I think it’s best practice we should start our journey from the current timeline and look forward to achieve that very path which we missed. Actually we aren’t missing it if we haven’t sold anything yet. I am bracing myself for the 2024 halving when I am sure Bitcoin is going to have amazing up drive. Who knows there gonna be more millionaires who are holding since 5-7 years back when Bitcoin was way down the current price. So yep one more vote from my side for this whole new experience. Keep holding and keep holding in your non custodial wallets or paper wallets.  8)

Would love to do the same if I have enough money to use for hodling but I can't afford to do this so I guess the only thing we can for now is to continue trade it or find another source to gain profit out of our bitcoins have. To many good stories like that happen in the past and I also think it will still happen in future since we don't see yet the full potential of bitcoin since there are so many things to grow especially that its tecnology has been slowly noticed by many institutional investors across the globe.

The bear market currently at a good price compare to last year when bitcoin price dip below 19k. We are still seeing bitcoin price at $25k+,which makes it still on a better price to me. We might still experience a lower price as time goes because of Binance current saga with SEC. This is an opportunity for investors to stash more sats to their bitcoin portfolio or better still keep holding your coins and don't sell off due to panic because bitcoin price will go up sooner or later. Long term investment is necessary for every bitcoiner except for traders, it is only the weak hands that will panic and sell off

If you're in the market for many years you will understand the flow of the market, old traders understand the FUDS and how the community struggles to win against it, it's the new investors and the unbelievers who are still doubting, they are always holding on to the scenario of what if, I can't blame them these investors invest their hard-earned money and their life savings.

I'm one of those many investors but I learned my lesson, from there I learned you have to extend your patience and keep believing, there's a part of your investment for short-term profit and for long-term holding, the long-term investment is the most important it is allocated to a price that many experts predicted to be its all-time high in the next ten years.
Old Investors should look forward and beyond they have seen everything, you have something to regret if you do not take action and now is the best time to take action.

One image can speak louder than 1000 words. (even though this image contains words)

I really enjoy your reference. I guess millions of people have "suffered" from similar thinking and actions.

It's generally the same story:
- you are in Bitcoin for quick gains and get cold hands as soon as things don't pan out the way you imagined. Because you don't understand the tech, you are likely to become a victim of buy-high-sell-low-action.
- you came here because you swallowed the orange pill. You are intrigued by the technology, you are intrigued by how the fiat world used to fool you and by how Bitcoin can help us overcome the dependency on central institutions, including banks and governments. You will hodl and stay relaxed when Bitcoin drops by 66% for the second time within a year.

To sum things up, try to get really educated about Bitcoin. Education is key to not lose your money because of stupid, uninformed decision-making.

I should at least be content with mixed feelings as I become a long term bitcoin holder. Most people think we can do it without any problems and as smooth as a highway, but the fact is that there are many obstacles and challenges that must be passed so that one goal is achieved.

I've been in the market many years now, at least since 2018. So I know how all these processes work and we should be able to manage all of this well. There have been a lot of chasms along the way, even we had to survive the fury of FUD that hit the market, while some panic has fueled the flames to make the price dump sometime badly. If we persist and ignore everything, then there will definitely be a worth it return from it. Buy and hold, it is the most sound advice.

That phrase "I can't afford it" is not a good habit and should be removed from your vocabulary. You can start with a small amount, or if you are good at trading, then you can hold the earned bitcoins. Trading may not always bring the same good results, but those bitcoins that you store in a cold wallet will not go anywhere, it will be your long-term investment, in something more, which we find it difficult to believe now.

I just hope that the person behind that tweet is still Ok after his decision of selling at a loss more than a decade ago.
Well, I guess he moved on from it already like what other Bitcoin early adopters did when they also sold their Bitcoin holders very early.

Being patient is very easy to say, but TBH it's very hard to apply especially when it comes to investing. There will always be times where you will be tempted to sell your holdings especially when you see that your holdings is up double-digit percentage already. I've already experienced it numerous times, and the last bull run in 2021 tested my patience. I held all of my holdings in crypto at that time, and I've been patiently waiting, but it seems like that would've been one of my worst decisions because I might do a better job if I just sold most of my holdings at that time, and then bought last year when the bear market started.

It's always worth the wait especially if you have a target selling price. As long as you are ok with your profits, and didn't sold at a loss like the person on that tweet then it's always good.

Everyone is waiting for a spike in the bitcoin price, but they must realize that bitcoin is very volatile and not easy to predict because the price can change suddenly and also with a long process. And don't use bitcoin as a benchmark to change something or expect quick profits and if you want to do that you have to have alternatives to bitcoin, such as investing elsewhere and also saving to get more profits, and also taking savings. when you need it the most.
invest bitcoin using money that you can afford to lose gradually take whatever happens because a decline will definitely occur due to factors we didn't know before but eventually it will rise again we can't know when it will happen, and it's only a matter of time.
So, don't take bitcoin as a yardstick and expect it to turn you into what you want to be. And before getting involved, you have to think, plan, alternative, and be ready to take risks. And you also have to have a lot of patience and believe that bitcoin will bring you huge profits at the right time even if you have to wait a long time.

All possibilities can still happen at this time, and it seems that among us there are those who are waiting for the final decision in this binance case, and I think it will make an indicator of the next increase and decline if seen in terms of news sentiment, but in terms of previously we have almost come out of Bearish zone but then it is rejected and re-strengthened in the bearish zone which might be long enough if the fud-fud cannot be solved in the near future, technically we are currently in the bearish zone and need to reconcile prices back to try to support prices At $ 20K- $ 23K if bad news occurs.
We just need to be patient today, and don't expect too much on the jumps that surprise, Halving's journey is still long, still the Hodl Bitcoin owned, even though I know there are some people who are doubtful.


Long -term is a solution, the best for the current situation, do not expect more on the price leap, the price increase works gradually and requires time to restore the situation.
Faith is the key to all success, regret will come to those who do not want to be patient with the market conditions.

If you are new in crypto space and you don’t really understand what bitcoin is all about, or haven’t checked the history of bitcoin price are the once that will get tired of holding bitcoin, but people that have been in crypto space for long term and the have experienced different bull run and bear market, am sure they will never get tired of holding, they will even be using the opportunity of the bear market to accumulate more bitcoin and holding, people that have experienced the bull run or heard about the bull run knows that it really worth holding bitcoin.

Emergency can happen which is normal for us to sell our bitcoin if we have no choice any anymore, but when investing in bitcoin, we shouldn’t invest any amount we will be needing for survival, when making bitcoin investments, the best thing we should do is invest the extra cash we are having which we know we won’t be using for now, if you invest in bitcoin for short term, you might not make any profit, rather you will be in loss. One of the first mistake people investing in bitcoin are trying to make is trying to get rich quick from bitcoin, we should have patience when investing in bitcoin, we should be ready to hold.

It's very easy to say 'hold' but difficult to tackle the hard situation specially when seen the price of BTC declining and loss Knock at the door.I have mixed reactions to this.Because I know if I can hold bitcoin for a long time then profit is definitely possible by selling at the right time but sometimes different needs and falling price of bitcoin break the patience barrier. One should hold bitcoins for long term and wait for the right time and take profit from here on.

You can only feel this way if you are not confident enough on your investment. You will stop checking the price if you are confident that the coin you are holding will pump in the future. Only those not sure will always doubt in times of price dumping.

Bitcoin for example usually good for holding in long term because it’s price is already proven profitable in long term. So if the market is declining, It’s easy to hold and purchased more than selling because you are looking on the future price and not the current.

The down in price is not a new thing about which investors does not know so I think that sudden decision will make you hopeless therefore try to wait during these circumstances if you have make investment in Bitcoin.

Remember that success needs your patience and if you make decision without thinking about the future, about your money and make losses then you cannot be a successful trader but instead of these activities you should forget about your investment during bear market so whenever it pumps again then you can take your precious decision.

There is no guarantee then when the market will recover back but it is guaranteed that it will surely increase one day and then those will regret who sell their bitcoin in low price so wait for the best.

Being a long time hodler doesn't mean that we already passed all the rough roads and hardships, and what we have now is genuine comfort while holding our beloved gems. No, it doesn't work like that. I think that the only advantage about it being in the market for long is we now what to do especially in worse moments where most investors doesn't know what to do anymore but still, it is not a guarantee that what we're doing is always the right thing as we are still moving in puzzles along the risks entailed with us.

So, tired of waiting for the jump? I think that's not the right question.

This is really a good motivation for those newbies that are now itchy to sell off their Bitcoins, though it is now better than before. I've seen a lot of newbies crying and murmuring on social media about the price and their losses, but right now there are only a few I've noticed. Also, Bitcoin has a proven track record; this has already happened many times, which is why others are already used to it and don't mind it. Let's just sit back, relax, and drink a beer.

It's not as simple as it sounds. Some people don't have the budget to make continuous Bitcoin purchases, and starting as small as $30–$40 a month won't get you that far either. Thus, it's perfectly understandable that there are people who may need this sum of money at any time because they don't have any other significant savings, which renders it almost impossible to invest, let alone trade, which itself is extremely risky and requires experience that someone new doesn't possess.

Personally, I'm not bothered, and waiting is fine for me. I'm not in dire need of money, so volatility doesn't immediately affect me, as I've stopped focusing on Bitcoin's price.

It's surely difficult to HODL your Bitcoin, especially at this point in the market where the price drops a high percentage, For some investors or people who doesnt have enough cash or fiat money to sustain themself they surely going to end up selling their Bitcoin investment because they just continue to lose money and at the same time they needed the money for their needs. Most investors will tell you to not invest all of your money in Bitcoin and only invest a small percentage of all of your money to avoid selling it at a loss.

The market price was still around 20k$ I don't see any reason to sell at all, and even though the market price drops again to around 15k$ I would still go to HODL I mean it's a good opportunity to buy and accumulate more Bitcoin again, I've seen it happened every time so there's no need to rush and just believe on Bitcoin next bull run, you just need a stable income to sustain your need and just let your investment sit for years until you have the opportunity.

It won't be difficult to hodl if we have faith in our decision when we invest in Bitcoin.  This crash isn't new to those who have been in the industry for some years.  We have seen way worse than this event and yet Bitcoin is able to recover and even break its ATH.


There is really no reason to sell at all if we are selling it at a loss.  Bitcoin industry is not about to end and possibly there will be a turn of event when Bitcoin market starts recovering and surging when it transitioned to bull market.  All we need is patience and perseverance and belief on the Bitcoin market that it will eventually  record another ATH.

If you do not take the right strategy, then there is a possibility of such losses. I myself have been bearing a big loss since the end of 2021. But since I've been with cryptocurrencies for a long time, from my own experience, I rarely feel such tiredness for money.  And I hope I can maintain the patience of holding this and I can do tweets like this later.

There must be self-awareness indeed when something like this happens so reminding one another is obviously very important for now, although in this case we cannot prevent everyone from leaving even though we are still losing money but at least we still have the conviction to continue to hold it in .
There have been many examples and there have been some who have felt sorry but indeed when something like that (came out at a loss) then indeed everything cannot be repeated and regret must exist and of course if we really don't want that to happen to ourselves then better to hold on.
Even though bitcoin is still at risk and it is possible to lose it is still there but at least with hope and seeing progress over several years, of course the best thing is to hold on for now there is no better choice than that.

To the uneducated, the sudden spikes in bitcoin's price is generally blindsiding, since it usually just takes a couple months before bitcoin reaches record breaking all-time-highs during bull runs, which is the reason why people fall for the buy-high sell-low trap. I've been there, a couple of us have been there. It's something that you come to realize as you grow in the industry.

This is not to say you can't make quick cash all the time in this industry. We have day trading to thank for that. So for those who are really looking to gain quick bucks here I suggest you go learn yourself a couple trading basics and fundamentals. And if you're on the other hand more on the HODL side of things, I suggest you follow through with it. FUD is eternal and no matter rain or shine it will always happen in the cryptocurrency industry, but the profits come to those who are patient and smart enough to know that FUD can only do so much to whittle the feelings of people.

I don't mean this supporting statement to be as inspirational cause I think we got to be a little realistic here but the reality of things is that bitcoin is cyclical, you just have to be patient.

I'm a hodler but I understand people who decide to sell. Waiting for years and years can take a pretty important psychological toll on some people, especially if they invested more than what they were supposed to do and now they need the money. You're if the wait is worth, well, it depends: those who sold at $60-65k for sure now are in better position than the hodlers, they had the chance to buy 2-3 times more bitcoin than what they had before. I would say that usually hodling is the best strategy but sometimes we need to understand that maybe we should also sell something, maybe like 20-30%.

Bitcoin will go higher when everybody gets tired of waiting for the pump. That's the untold truth. Bitcoin may never see another ATH in the next 10 years and that's because there would still be people hodling their coins. The whales don't like that. It is because the whales don't want to make other people rich by pumping crypto. And that makes sense too. If any of you was a whale, you would do the same thing. Big fish eats little fish, that's the name of the game. Some small fish will always get away and become rich but how many of these small fish have a patience like that? I don't think many do.

It looks so sad when you see stories of people who sold bitcoin dirt cheap to get back the few bucks that they put in. It was more like they in search of gold lost diamond. But I feel the lesson here is not to lose hope. Not to think that Bitcoin is going to end because whenever it fell it has always come back even stronger than ever.

If some investors have seen the future, many of them wouldn't have lost hope in bitcoin. Some people only assume that it is only newbies that become impatient and cash out even with a loss, even some old timers can be frustrated and decide to sell their coins. Holding bitcoin is not easy because there are many actors, organizations and governments that always want to generate FUD to push people to drop thier investment thereby distortion the market.

But some people have decided to keep holding till they get to the target even if it will take many years. I know some real estate investors in my county that are specialists in buying lands in underdeveloped areas of the country. They project the direction of development and buy lands in areas they project will develop. Some of them will have to wait for decades before such areas will develop so that they can make gains from the lands. In the same way, every investment needs patience and steadfastness.

You're entitled to your opinion about the dynamics of the cryptocurrency market, including the role of whales and the potential for Bitcoin's price to rise during times of excitement or impatience. Actually, cryptocurrency prices are highly speculative and subject to many variables that are difficult to predict in advance.

While it's true that whales, or large holders of cryptocurrencies, can influence market movements, it's also important to remember that the cryptocurrency market consists of a diverse range of participants, including ordinary people, hedge funds, speculators, and more. Whales are not the only factor that influences market dynamics; many other factors can also play a role.

True. Patience will always be tested in this crypto market especially if your emotions are starting to contradict your decision. But if you are doing the right thing always, that is to hold more when you see price correction in the market, then you will have all the chances to be successful in your investment in the end. Just follow the basic of buying low and selling high, that will always take you an edge over the market.

Some persons will always make the mistake of selling especially when the market is not that balance. This is the reason why we need to measure our risk and reward ratio whenever we want to invest in any coin or in cryptocurrency. The market is very volatile andbl anything can happen in the market if we are nit careful.

Those who are making crazy profits from the market now are those that have take there time to learn about the market and understand how the market moves with plenty of experience. Sometimes I only laugh at some persons that are too eagered to make money from the market without thinking appropriately before they make any decisions on the market as investors.

Patience is required to be a good investor in any asset/commodity class. The only people worrying about bitcoin at 26k are noobs or people who bought at 50k or higher. Bitcoin is volatile, it is what it is. If you have a regular job that can pay your bills then sit back & relax, bitcoin is going nowhere but up long term, everything else in between is just noise.

Brilliant post! As a long time hodler I can confirm every word is 100% correct! It's always darkest before the dawn you know that right? To become successful with your investment you have to be patient. There's no reason to sell now as the price will be going up from here. Halving is on the horizon.  8)

The irony here is that same people who bought at 50k wished for bitcoin to hit 30k before they buy, but they didn't have the patience to wait for the bear. That means they're just impatient both ways, I could remember telling someone not to put money into bitcoin at 50k, yet to no avail. I don't know what their thinking was, you know such people have big dreams, bitcoin hitting 100k must have been in their mind. The disappointment led lots of investors to take the loss and move away. Just few noobs that bought bitcoin at that amount would still be holding it till date.

I understand how tough the market is right now. I've been waiting for a number of years, and there hasn't been a significant change. But, because I know how to assess the market, I feel we are still in a bullish trend as long as the price does not return to $19k. The market's bullishness is not the same as it was in 2021, where there was a lot of impulsive movement. Whatever happens in the market, I will never weary of waiting for the price to rise higher. Based on my personal analysis, I believe that when we spikes of prices, it will potentially reach the $40k supply zone.

I am never in a hurry too to make profits by selling my coins, as that will only mean still a loss for me seeing bitcoin price has not reached yet at its peak. So this is more of a moment to hold even more while waiting for a good price to sell. Being impatient and tired of waiting for a jump will not work at all, as everything that happen in the market requires high understanding and high patience as well.

No, it's common. Since this is not the first time going through a bearish period and based on other people's experiences, many people are waiting longer to see a bullish era. I still firmly believe that in the next few years there will be a bullish era after the Bitcoin halving. This is one of the things that triggers my enthusiasm to continue to be patient in facing the bearish phase which is always full of up and down drama, very drastic market drops and so on. Even though the results are not yet known, at least we will continue to try to be more patient so as not to be provoked by emotions and panic.

Hodling is the most effective way to make you profitable with less risk and less efforts. That is why if we can hold more especially in this current market condition, then it will always be the best decision than to sell your coins at a low price as that will only make you regret your decision in the end. Also, know that patience is very important to make you successful and profitable in this type of investment so learn to be more patient than to resort into selling your coins and consider yourself a big loser.

^ I agree.
Holding for the long term can indeed be an effective strategy to potentially increase profitability and reduce risk. By staying invested during market downturns, you avoid selling at low prices and potentially missing out on future gains. As they say,  patience is a virtue in the world of investments, and learning to be patient can certainly contribute to your success and profitability.
Probably I will call you dumb if you are selling your coin under the price where you purchased it.

I don't know on what basis you said that, because AFAIK it's not a factor on the list of technical analysis strategies. One of my friend also used to say that, but his theory was like after every bull run there comes bearish run and then btc will halve after next 4 years and then again the cycle of bull run first and bearish run 2nd will start and this will keep happening after every 4 years. Well, atleast he was using the factor of halving not just mentioning this.m

Well, no wonder the ATH of that time bull run might be in the time span of 2017 but he must be aware of Halving at that time and he still sold them out, as in the graph after two years in 2013, price went from 14$ to more than 1000$ dollars in the last quarter of that year.so if he would have many BTC then he must be in great profit at that time too.

I couldn't assure myself how long I could wait but there is one thing I was sure of, and that is to sell when I gain a profit. Because for me, waiting for too long is not good, and why we should have to wait for $100k when we already have the chance to sell them at $70k (as an example), and we are not wasting time and missed the opportunity? Holding is necessary but not all the time we should have to wait for the price that was even hard to reach. We also have to be smart as investment is not all about holding but also selling with a profit.

It's quite astonishing how history repeats itself.  These are the exact words of people and I remember when it used to be my exact words. This kind of posts is inevitable when you refuse to invest with budgeting. If you enter the market with all your money, including the one meant for emergency, you will sure see bitcoin from the angle of the infographics in Op.
In order to be at ease with your and not to sell under loss, use money you can abandon for a long time and be patient for years.

He must have been aware of halving and investors were waiting for halving just as we are waiting now and Bitcoin seem to continue in side movement for so long time. This is pure history repeating itself.

Everyone has their own targets of when we should sell. I agree to what you've said that if you can make profit on $70k then you don't have to wait any longer for $100k if you're not going to wait for it. While for the others, they'll take any potential opportunity that they see like selling on $70k and then buys back and then will wait again for further increases like if it will reach to $100k. For me, I'm not tired of holding and this is like the market that I like and willing to wait since my patience has already been ticked in by a few bear markets that we've experienced. But you do your own strategy and what makes you profitable and content for every sale or trade that you do.

For those that have experienced a lot of crashes or corrections, buying low and selling high has became a basic thing. But still, despite that, it's hard to get into this basic moments when your emotion is fighting against you.

Holding is effortless but when someone's patience is gone, despite being the easiest strategy to stay on this market, there will be changes and that can make them out and lose it.

That's why those that have a lot of exposure on this market and saw the ups and downs of the entire market are likely the most patient people.

With bitcoin we should have the patience and the mind to read the market well. Getting into panic never gonna help you with the betterment of holding bitcoin. We should understand that the market never varies according to our expectation. It is the market that runs independent, and we need to have our prediction and act depending on the variation taking place in the market.

Most people prefer long term holding, however if there arises a big jump in the market that needs to be used rather than waiting for the long term. This way you will be able to book the profit and buy back again as the market drops.

I don't encourage you to sell at a loss, Imagine buying at 10 dollars and selling at 3 dollars I think that will be better, no pain no gain waiting till the price goes back to its normal price, and have profited I think that will be better. For some time now, bitcoin has been experiencing a serious price drop that has affected a lot of people, especially those who have invested heavily in Bitcoin. Holding and waiting is not as easy as it has been said, imagine your money dropping. and for some like me, I don't think I will be selling.

Man, I can even recall back in 2018 just like how you described it when Bitcoin just really dropped down to around 3-4k that time. Panic selling were almost selling since they thought it was the last time that they would even be able to buy Bitcoin.

I gotta be honest that I kinda panicked almost at that time. :D
Huge drops these days aren't really that much for me now and knowing that I want to hold in the long-term and I even fell asleep in the news already lately, I would be fine. There are just people these days that are really into quick rich schemes. They need another Musk pump lol.

I am not tire of the hodling. I believe that one day I will see the bull and smile at it. If there is money, the dip is the best time to accumulate more bitcoin to the wallet. In fact fill it with thousands plus millions of bitcoins inside in the bearish and hodle it for the bull. So these who are really ready for the investment are always think different from the flashers. The flashers just came to the investment platform wait for like few months and they are tired of waiting so the sell all and buy again. If there is an emergency you can just withdraw a unit and hodle the rest but some people because of greedy will withdraw all and still blame themselves when finally the bull market comes up again.

Apart from getting a word of encouragement from anyone I consider the people that see the bearish of the Bitcoin market as the end of the good days to come and I even consider them to be people that shouldn't be in the market in the first place because a basic understanding about the BTC market historical data is even to know that the bearish is just an opportunity. Besides, I am one of the few BTC investors that always happy when it's bearish because it always presents a chance that may not happen again in the future.

Patience got us this far, and I'm not about to give up now that it's evident that bitcoin will rise. The Bitcoin bear season has not yet ended, and it is unlikely to end any time soon. However, the bear market provides solid effective entries on bitcoin charts, because the price falls and investors have more time to stock their portfolio with bitcoin. I'm not going to give up, there's hope; I'm taking my time to purchase bitcoin equivalent to my money. When bitcoin spikes, it's always a good time to watch our portfolio grow into a massive one with tremendous returns.

Yes, the market has always been highly volatile from the start so you can’t expect for the price to keep surging high or to observed mostly price decline especially for bitcoin since it’s full of price fluctuations that will test your patience and persistency in your investment. But always be reminded that selling at a low and unstable price will only end up as a loss, that’s the reason why it’s best to do DCA during this correction phase and hold your coins as much as you can and just decide to sell when the price is already bullish. That way, your efforts will certainly paid off in time and will make you highly profitable in the end.

I've been holding for almost 9 years and it's been a hell of a ride, that's for sure. No regrets whatsoever on my part.
Am I tired? Not at all. I'll tell you how I look at the price and maybe it will help you staying on the right path.

I see the price as someone's offer for my bitcoin. Let's say they offer me 25k, I don't care. I won't sell for so little, so I don't take the offer, it's plain and simple. I'm going to wait for a better offer.
In 2021 they were offering me over 60k for my bitcoins and I took that offer and sold some of my coins, but it was less than 10% of what I had at that time. If they were to give me 100k, I'd probably sell another 10% as this wold be a satisfying offer. As long as that doesn't happen, I'm going to keep holding.

The thought of the coming bull run. the new all-time high, the x10, x100 possibilities keep me motivated to hodl Bitcoin.  I will never get tired because the positive thing I stated had already happened and had been repeated by the Bitcoin market more than 2 times.  There is not much to do if we hold Bitcoin, it is either to sell at a loss or to take profit.  It would be foolish of us if we sell my holdings at a lost when all I have to do is just wait for another year or two and we can see how much profit we can accumulate during the DCA activities of the bear market

here we go again, every month and year we see rises and falls and yet some people still fail to see that this is something that is part of the market, now it's not because the price in the past got so high to the point of touching more than 60,000$ that it is destined to touch over 60,000$ again, and this is a thought that many people have had and as a result of this kind of thinking and that when the price drops for example to 20,000$ people buy thinking that with this already has a guaranteed 3x profit because the price is destined to reach more than 60,000$ and when the price starts to rise then this expectation increases a lot

making the person continue buying, when the price is already at 22,000$ the person buys again thinking that he is already in a bullish scenario in which the price will rise to more than 60,000$, but when the price reaches 30,000$ and stays stagnant, it doesn't go up or down, the person starts to get worried because he doesn't know if the price goes up or down and if he sells or not, and after a few days the price drops, it starts falling every day so the person sells with little profit thinking that the price will reach 20,000$ or less so it is better to have little profit than to have nothing, but there is also the scenario where the person could have bought at 20,000$

thinking that the price would rise to 60,000$ and then the price would start to drop a lot and that person would sell at a loss and after a while the price would be above 20,000$, this is a patience market where you shouldn't be greedy, people think that doing hodl is just a 30 day thing, it's not. it can be something for many years, if you want high profits then you have to be patient

You are not alone, I am one of them, I was not even happy when bitcoin went from 17k to 30k in the first few months of the year. That made me miss the opportunity to buy bitcoin under $20k, and to be honest, I prefer bearish bitcoin to bullish. Because I know that, once another bull market comes, buying cheap bitcoins will never return, I never wanted the bull market to go too soon.

When a new investor invests in Bitcoin for the first time, if the market goes down badly, he is deeply worried and broke. But I think investing in Bitcoin definitely requires a fair amount of patience. When a person leaves his funds to buy bitcoins, he may suffer for some time. But investing in Bitcoin requires patience as the market is volatile at times. When the Bitcoin market turns into a bear market, the market goes down drastically. and when it comes to the downside, an investor must hold his bitcoins for a long time. If the Bitcoin market goes down, it will rise again, there is no doubt that the religion of the market is to go up and down. Invest in Bitcoin and wait patiently for ATH. As long as the Bitcoin market turns into a bull market, however, an investor can make good money from that hold.

If you don't sell when the price is high then what you expect? Generally people will wait for a high price increase to sell it and buy back when the price falls. At least that's what most people do and I don't know what you apply to get profits and if the price is below the purchase price then automatically people will not sell because they know they will make them lose.

For the problem of survival funds we must also set aside and it is impossible for all the funds we have to buy Bitcoin, because when the market is severely corrected it will cause losses when you sell Bitcoin for the necessities of life. Hold is still the right choice for now?

Very commensurate compared to waiting for other investments that do not necessarily promise certainty. Bitcoin has an advantage in maintaining values and there is also a four -year -old cycle for belief in holding long -term as we have seen before.

Patience should be the first virtue that someone should have when it comes to bitcoin, the problem with new investors is that they're overenthusiastic that they end up investing more than what they could afford and end up broke and with the new kind of high that they've got from investing, the reality will not set in until the prices go down and they're investment tanks which at that point ends up with them getting out early to avoid further losses. The bear market should be your sign to accumulate more bitcoin because the price is much cheaper and you get more bitcoin from the fiat you've spent on. But not everyone can afford to hodl for long though, some are just unlucky because they have medical emergency and that they have to make some adjustments and hodling will be one of those adjustments.

Some people easily get tired of holding their Bitcoin investments because they have a short-term expectation for their investment that the Bitcoin price will rise in the short term, and with the aim of that, some people invest the money they will like to use for a short period of time into bitcoin investments. This kind of person easily gets tired of holding their Bitcoin investments because their expectations are not met with the time they planned for investment.
 
So some people sell their bitcoins at a loss  not because they don't have the patience to hold it for the long term till their target is met, but due to the money they have invested in bitcoin, some people do invest what they can't afford to lose, thinking they will make a profit in the short term. But I don't think those who invest what they can afford to lose will panic and sell when the price of Bitcoin drops, once they believe the price of Bitcoin will rise one day, even if it takes some years.

If you get tired of holding Bitcoin it's because someone who told you about Bitcoin lied to you about getting rich with Bitcoin, they probably told you that Bitcoin is risk free and you don't have to hold for years, whereas it's the opposite.

I will never get tired of holding Bitcoin because I am not new to Bitcoin, I once sold too early because I was tired of holding Bitcoin, but now I am differently approaching Bitcoin investment, I have a bag for profits taking purpose in the next bull market and I have a separate bag for long term holding, retirement fund.

The first rule of investing is that you must always be patient and persevere. If an investor in Bitcoin can't hold, he can never make a profit. The price of Bitcoin fluctuates, the winner is always the one who buys low and sells high. A long leap always requires a few steps back. The current price of Bitcoin may fall further and there is a chance of a dump to $20k.Here those who already own Bitcoin need to hold and if there is capital then buying more can be a great opportunity.

The price of Bitcoin does not rise in days or months but it takes a long time. If someone who bought Bitcoin 12 years ago had held Bitcoin, how much profit would he have made even at the current price of Bitcoin today. So invest in Bitcoin and forget when the market is booming turn your investment into profit.

Bitcoin has fallen more than this in the past and rose up to reach new all time high. Selling you Bitcoin now isn't a wise decision instead we have to keep on holding believing the future of bitcoin is going to be profitable. I think instead of selling whenever Bitcoin dump, we should buy more which means we have to get other sources of income that can help generate cash for us to be using in buying and accumulating Bitcoin.

Some individual are just experiencing their first market dump and are panicking but you don't have to be scared. The market has done this before and it'll still do it in future because the market has a cycle that's the bear and bull market. At the moment we're in the bear market.

Well to be fair, the worst thing I could hear from other people would be that there are no risks involved in crypto although I never really heard someone said that still. At the same time, to be fair, you can still hold Bitcoin in the short-term and somehow still earn from it and it could still be worth it. The fees just aren't worth it in the long run depending on your starting capital.

We're kinda the same that will never get tired of hodling Bitcoin no matter what. It's not something that we really monitor 24/7 anyway. We'll sleep through our investment and like literally forget it in almost a year or two.

If you've been here for years, you shouldn't worry about any single "crises".
Spoiler alert: I've been in here for years and even drops just don't matter to me no more. Keep hodling like usual.

If Tom had waited six more years to meet the 2017 pump, he would have made a whole lot of money, more money than he could ever have imagined, at the time of him making that tweet, the price of bitcoin was $14, and remember he made mention of taking the loss and cashing out his money, so let's assume he bought bitcoin at price of $50 to $80, and he waited Six more years and sold each of those bitcoins at the price if $18,000 each, (remember the all time high of bitcoin price in 2017 pump was around $19500 or a little above that), this is sure more than worth it, Infact, what other investment in the world pays this huge in just six years?.

Hold is the only way to become wealthy as a bitcoin investing, CZ was very right when he said, "If you can't hold, you can't be rich".

Knowing the history, it's easy to make fun of such tweets. There are different methods of investing and trading. One person prefers to buy with several years of investment in mind, another person tries to trade on an ongoing basis, multiplying their profits. It is not said that the author of the tweet did not buy even more btc in a few days. Today, the market is completely different than it was 10 years ago, and thanks to the various instruments offered by exchanges, some traders also make great money on falls. Personally, I don't like daytrading, it's too stressful and tiring for me, but there are situations when I sell my cryptocurrencies to buy them back at a lower price.

I understand that we all gonna need some more time to buy and hold while the market is still bearish red because that is the only time and season where we can afford to buy cheap and discounted coins at a very low prices as we're not that rich to chase these prices when they are reaching another ATH. But somehow, even if we don't want it, the market needs to go in a cycle where the bullish season will come and will go after a couple of months.

Yeah, that's exactly the right thing to do. If you seem pressured by the volatility, just remember that Bitcoin has two seasons, which are the bear and the bull seasons. This is not the first bear market in the history of Bitcoin, despite the fact that it's your first experience with a bear market. Perhaps Bitcoin's halving is just next year, which means a bull market is coming.

During the early stages of Bitcoin's existence, it was quite understandable that many people couldn't fully believe in Bitcoin. Apart from not being widely known, Bitcoin, when it was still a baby, always raised questions for everyone. Those who owned Bitcoin wondered, "How could such an asset possibly become so valuable?" It was only natural for many people not to take it too seriously.

Until now, those who didn't have high expectations for Bitcoin in the past but held onto their Bitcoin are fortunate. On the other hand, those who were overly calculating and afraid of potential losses, which were actually not significant, ended up with nothing today. Luck favored the right people—those who didn't let emotions and worries get in the way.

I show such examples to the people around me and remind them not to sell their bitcoins. I tell them not to give up and not to sell their bitcoins unless they have urgent needs. Because I don't want them to regret it later. I want them to watch the rise of bitcoin with me. Because I love the people around me and I want them to have bitcoin too. There are many tweets and good examples like this. We just need to be patient.

If you're waiting for something good in the end, it's definitely worth the wait.

Technically, that's why wonder why some people only choose to panic or complain about the market being bearish when the last bottom price won't the achieve again in the next 4years and I have to a conclusion that the Bitcoin that complains about the market dump in price lack the fundamental knowledge of BTC price and they are only into the market for the potential high returns the market presented.

I have bee here for quite long years so now I understand how highly volatile the price of bitcoin is. And if you insist selling at a low price, even lower than the price you bought, it will always be a sign of loss. So the best way is to understand that bitcoin will have it own time to rise its price, and hodling it until it’s price become bullish is the best key to be in profits.

Those who have faith and hope will remain calm and not be affected by the FUDs and market corrections but for those who have doubts, surely they are planning or dump already their coins. Because no matter how hard to educate people and encourage them to hold if their mind is already negative, maybe they will listen but still sell their coin when it gets worse. But I won't be surprised, this really happens in the crypto space knowing that not all are real investors, some are weak.

Yes, we all missed the rapid growth of cryptocurrencies. But in a long position, I see no reason to buy coins now. The fall continues and I advise you to trade now

You're wrong my friend. The Bitcoin still has the potential of growth and it will grow by a huge margin in coming 1-2 years. How could you say that buying Bitcoin in current market isn't profitable? If you know the market then you would never say that because there is going to be another boom in the market, and with that the price of Bitcoin will cross $30k in value.

Despite a lot of pressure from Sec and other regulatory authorities the price of Bitcoin has consistently been above $24.8K, and anyone who knows the crypto-market has already got the signal that Bitcoin can move upwards without any problem. The traders will always do trading because they are earning profits from the skill, but the long term holders also have the chance to accumulate many Bitcoins in current market which is a good investment for them.

Its indeed a test of patience on which it would really be that normal that you would really be having those kind of doubts on the time that you do see that your portfolio isnt moving that much on which you would
really be having those second thoughts that this market might not really be that increasing anymore on which it would might result that you would really be having that sell on lose but for those people who do
have faith and trust when it comes into their investment then holding up for long and doesnt matter on how long it would take as long they are believing into something. If you get tired and bored then cutting losses?
You lose then to those who do just simply wait up then they are the ones who do make profit. If you do find yourself that emotionally impulsive or not really that much good when it comes to emotion handling then
better not to check and see up the market on active manner. This would really make you that having those kind of thoughts if you are really that actively watching up the market on how it moves.
You would really be having those fear and doubts when it do have that extreme correction.

also because of these thoughts of newbies, they think that bitcoin will no longer grow and be profitable. Then they go to shitcoins with the hope that they are underpriced and under the illusion that investing in shitcoins will bring them big returns.  but life is not like a dream, they will lose with shitcoin, and they will go back to bitcoin.  but then they will have to buy bitcoin at a higher price than it is now.

To answer this question- nope. I am not tired at all from waiting due to the significance of its value in the market. Just like the trend that happened a few years ago with cryptocurrency, there will become a day where its price would suddenly skyrocket and everyone would benefit from that jump.

I am anticipating that in the year 2024, a massive price increase would happen during the fork. Following the past trends, every fork increases its price on the market significantly. In addition, that is the purpose of HODLing- you wait until its price increases on your initial investment and you reap the rewards on your investment!

Remember that there is no easy way to earn money and to profit from your investments. We are already blessed to have this cryptocurrency earn relatively faster compared to any kind of investment available in the market currently.

To people who've been years in this industryz waiting is not a big thing to do anymore. It would be better waiting than to lose profit in an instant. The market prices are volatile in nature making it hard to create an acxurate market prediction. You may for the right entry price but FOMO could take place sometimes. And if you happened to make an early entry, then you'd be left with no choice but to just hold no matter what. The market price has only two movements; either it goes up or down. If you have the patience, you won't lose for sure, just be prepared to hold for a long period of time. But right now, the market price is way too low from ATH which means any price points would be a good entry point BUT for long term holders.

because for long timers, they have experienced the actual roller coaster ride in this market as they are holding their coins. it is different if you are just new in this market and looking at its history. so yeah, they won't get tired being in this market. most actually are grateful what bitcoin accomplished so far.
this is why they can attest that there's no right or wrong entry in this market because for sure, most already sold their satoshis long time ago. and now, they are trying to accumulate more because of what happened to this currency.

Back then, Bitcoin was a mere experiment, a pet project for many that left them asking, "Could this digital asset genuinely have any value?" Its a classic case of underestimating disruptive technologies in their early phases.

The fortunate ones who held onto their Bitcoin despite the initial uncertainties have indeed seen substantial returns. They exemplify the principle of 'HODLing', a term coined in the Bitcoin community referring to 'Holding On for Dear Life' during volatile market conditions.

Unfortunately, those driven by fear and short-term thinking missed out on this unprecedented wealth creation. It's an important lesson for us all in the world of investing: sometimes, the biggest risk is not taking any risk at all. Especially when it comes to paradigm-shifting innovations like Bitcoin and cryptocurrencies.

I can't be tired of holding since it requires nothing from me. I mean, I'm not scared because I know that I'm not gonna lose my money, and I'm not investing more than I can so I won't need that money unless something really critical happens.

While Bitcoin prices going down or bearish, holding issue may seem somewhat negative but the importance of holding in a bullish market is well understood by investors. All the early holders of Bitcoin are now well established. There are also some holders who held Bitcoin during the last bull market because they are more confident about Bitcoin's potential. While a bearish market may affect the price of Bitcoin temporarily, it will definitely be the best asset for investors in the long run. At this point investors should just patiently hold Bitcoin and wait. Those who can hold Bitcoin in hard times are essentially a true holder of Bitcoin. They will be more benefited by the Bitcoin investment.

Those who Hodl and Trade in this market will not end. If we all hodl we would have a very boring market. If you're not good enough in the market and you're new my advice to you is to just HODL. Keep it like this for a while but you have to be open to learning. You will learn to trade and you will be able to increase your earnings in this way. Of course you will not encounter a flat surface when trading and you must love the excitement.

If you are caught between HODLing and day trading, you should ask yourself these questions: Am i a good day trader and am i good at timing? Also is this a highly volatile cryptocurrency? If your answer to the first question is no and your answer to the second question is yes, you should HODL. As a result where you define yourself in the market will help you with hodl or day trading.

https://i.ibb.co/94mvw0m/F9775-A7-D-C323-46-C8-B457-13-C0-DEDB32-E9.jpg (https://ibb.co/t2whZ6w)

In fact, hold is also not always very simple, as many try to state it. Sometimes even during a hold there are too difficult times in the market when weak hands sell, no one is safe from this and not everyone reaches the finish line, despite the fact that in your picture, the holder's path is shown as a straight line.

Trading, of course, is an even more difficult task, and although there is an opportunity to earn more, you can also lose more along the way. I believe that hold can bring profit to almost every disciplined investor, since everything depends only on ourselves. We decide when to buy and when to sell, and it is our choice not to succumb to the manipulations that take place in the market, such as the recent lawsuits against the largest exchanges.

Holds are still a good option in bitcoin and fear depending on how well you understand investing and usually experience being directly involved in investing will give you an idea of how one might choose to hold. I think everyone needs money and it feels quite strange when we say we don't need money, it's just that maybe you have prepared the money you need to use it in a systematic and measurable way, so that routine expenditure needs are not combined with the same expenditure as investment and maybe you have made a special plot for both of them in measurable.

Holds should indeed be better for people who want to get big profits from investments, but the problem is that holds must also be accompanied by stable purchases so that both can be done simultaneously because we really want to get big profits from the investments we make.

These are the events that have help us to understand that, Bitcoin is not a short time investment asset. If we really want to get the best result, we need to HODL for a long time. Long term gains are achieved from HODLing Bitcoin. It is a kind of investment that will only be profitable in the long run. Short term market volatility will only push towards the loss and even if you get profits, that won't be much. In bull market, you can get good profits, but in normal market, it is not that much. Also, HODLing BTC will give you financial freedom beyond traditional banking. That is no surprise, because we all know about it.
Short term gains could be achieved through trading, but that comes with many complications. So stress-free and with less risk, HODLing is the best option. Add DCA to that, you will get the best result.
History teaches us what to do. And with Bitcoin's current reputation, long term is the key for success in Bitcoin investment.

Yeah, I do understand one who is determined to hold can also lose hope after a certain period because everyone has a limit of patience. When I did start holding it was already the bottom of the market jumped and jumped a lot the back-to-back drops and small recoveries all this experience made me a person who can hold if I want to in any type of situation. Newborns face most of the Holding issues because they had less experience with market volatility and this is the reason they possess tiny patience. Holding can be boosted only the money which is invested is extra money. Boarrowed money investment cant be held for a long time there are many reasons for this.

Selling your bitcoin just because you are already tired of waiting for a jump simply means you have a poor mindset in your investment. You should have known from the first place that bitcoin will not just keep on surging it’s price all the time, it has also its own time for a price decline especially if there are factors that suddenly affect the market condition. Hodling will make you profitable in the end, just trust the process and the high potentials of your coin.

Don’t bother to invest if you are not patient enough to wait for its best price to sell. We all know that bitcoin do not give us fixed price because of its high volatility, instead expect for a roller coaster price due to price fluctuations. So never stop hodling as it’s the only key to make you profitable in your long investment. Otherwise, if you sell at a certainly much lower price, you are not investing to be profitable, but you are here just to lose more money like gambling.

You need to have a lot of patience if you are a bitcoin holder, you don't want to lose lose after a certain period of time, if you have seen the bear market. On the contrary, bear market is a good test for everyone to see how tough you are as a crypto investors.

If you yourself give up early, then it's game over for you. The name of the game is to go long here, although from time to time you can sell if you need money specially times you have emergency. But it's better to continue to HODL and accumulate for long term, or at least the accumulation phase in a bear market, then you might want to sell at a huge profit in the incoming bull run.

the fact is, a lot of people here are impatient, thinking that once they got a hold of some satoshis, they can easily turn it to multi-million dollar investments. am just exaggerating here but you know what am saying.
there's more than meets the eyes in this market. they will learn their lessons quick once they start losing some. good if it is btc, because we know it won't disappear anytime soon. but for other alts, a lot of them are going down the drain without a warning.

holding bitcoin does require extra patience and having sufficient funds, because bitcoin is more suitable and accustomed to long-term investments, although not a few who are experts in trading can do it and are very profitable too. so that if you don't have patience and sufficient funds, you can be sure that you will be forced to sell before the time [for the bull market] arrives, so that you cannot get the maximum profit. at least it takes 4 years [halving era] to be able to see the success of bitcoin to be obtained.