Hodling requires perseverance

[kinki32]

You did a great mistake buying with high price but now don't sell it. Most of people doing same mistakes then somebody sell it with loses but somebody waitin a long time until 2 years. Those people will get their victories for long term hold.

[kendra1107]

Yes, it is true that perseverance is the mother of success. One of the toughest thing to do when it comes to crypto, is the ability to hold for long.
I had a discussion with a friend. We decided to hold our tokens, because we had fiat to fall back on peradventure there is any need for it.
Presently, it is a different story, we are now in need of fiat, but all the tokens we presently hold have dumped. If we sell now, we would sell at loss, but getting money without selling is quite difficult.
As a matter of fact, we are seriously deliberating on what to do, yet we kept on telling ourselves that "it's just for a while."

It certainly does! Holding on to something while seeing it decrease in value is not easy. Most of the time, it is frustrating! But along side perseverance should be faith and optimism. These are two things that will keep us going even if things seem hopeless.

[JohnHendry]

The market of crypto currency is extremely risky, before investing the investor should have good knowledge on the market and should have good planning. In order to hold a coin for a long time investor should have a backup to fall back to as the prices might stay low for a long time. even with good planning the risk of loss still exists therefore investors should be very careful

[drixty]

Yes hodling is the best strategy here if you want to get bigger profits. But if you really need money then you should sell parts only not all so that you can still recover it when the price goes up.

[grumpylittlepoodle]

Yes, it is true that perseverance is the mother of success. One of the toughest thing to do when it comes to crypto, is the ability to hold for long.
I had a discussion with a friend. We decided to hold our tokens, because we had fiat to fall back on peradventure there is any need for it.
Presently, it is a different story, we are now in need of fiat, but all the tokens we presently hold have dumped. If we sell now, we would sell at loss, but getting money without selling is quite difficult.
As a matter of fact, we are seriously deliberating on what to do, yet we kept on telling ourselves that "it's just for a while."

Perseverance with putting some patient because as investors i believe that patient is the key to get a big rewards and to have a big profit as always. Yeah you perseverance is so important too in all to show to them that you deserve that successful because you have perseverance.

[Ade A Aziz]

Yes, it is true that perseverance is the mother of success. One of the toughest thing to do when it comes to crypto, is the ability to hold for long.
I had a discussion with a friend. We decided to hold our tokens, because we had fiat to fall back on peradventure there is any need for it.
Presently, it is a different story, we are now in need of fiat, but all the tokens we presently hold have dumped. If we sell now, we would sell at loss, but getting money without selling is quite difficult.
As a matter of fact, we are seriously deliberating on what to do, yet we kept on telling ourselves that "it's just for a while."

Yes, perseverance must be owned by a crypto holder, in fact everyone has to work hard to earn a profit in any job. In addition, high patience becomes the main capital for a crypto holder. The crypto holders must be able to survive in all crypto market conditions and do not sell when panicked.

[Nasonn]

Yes, it is true that perseverance is the mother of success. One of the toughest thing to do when it comes to crypto, is the ability to hold for long.
I had a discussion with a friend. We decided to hold our tokens, because we had fiat to fall back on peradventure there is any need for it.
Presently, it is a different story, we are now in need of fiat, but all the tokens we presently hold have dumped. If we sell now, we would sell at loss, but getting money without selling is quite difficult.
As a matter of fact, we are seriously deliberating on what to do, yet we kept on telling ourselves that "it's just for a while."

you are right, holding requires serious perseverance. Watching the market in a continuous down fall can be heart wrecking and it takes patience and perseverance to overcome.

[Cryptoguru274]

Yes, it is true that perseverance is the mother of success. One of the toughest thing to do when it comes to crypto, is the ability to hold for long.
I had a discussion with a friend. We decided to hold our tokens, because we had fiat to fall back on peradventure there is any need for it.
Presently, it is a different story, we are now in need of fiat, but all the tokens we presently hold have dumped. If we sell now, we would sell at loss, but getting money without selling is quite difficult.
As a matter of fact, we are seriously deliberating on what to do, yet we kept on telling ourselves that "it's just for a while."

Really holding crypto tokens requires patience of the highest order, because many times we are always in need of fiat money to solve our financial issues. Also watching your coins go down in value needs energy to withstand the pressure.

[yugyug]

Emotions beats intelligence in terms of holding investments and the key to win in investment is patience and perserverance and you can test your emotions during the downfall of the crypto market it is whether you hold it or sell it.

[sinduarianto]

the most important thing in success in crypto is patience and waiting because if we panic and sell everything we have in a state of market like this then the losses in can not be a profit.

[Mix_Fix]

The main problem, as I think, that people buy crypto and want to get fast profit. As soon as they lose 15-20% of money, they sell and tell that "crypto is the pyramid". I want to believe that in future everybody will learn more begore investing money!

[sinachy]

I am going through exactly the same kind of situation right now, I decided to hold, I have seen my asset grow so big and i was happy about it and i say I will keep on holding but when bear came, everything went down so bad, and i really need fiat, but I have decided to sell some and raise few fiat and keep on holding others, but it is really painful, sometimes i regret but it's well, I know someday i will be happy with my decisions.

[supermam]

It is really hard to decide to whether or not hodl or sell.Me also is needing fiat but how can i sell now,now that all tokens do not have enough value.And there is this thinking that better to sell now rather than to have no value at all in the near future.Patience and perseverance are being tested.

[/GeertJohan]

Making long time hodl in the crypto market is definitely a ability, i fully agree with this idea. When Coin's price goes up a little, it takes a lot of perseverance not to sell it.

[TommyJr]

Preserverance is a key to success. As to progress in trading crypto currency yiu have to hold on to your coin, preserverance is also required.

[RakknRoll]

Actually it is a part of the virtue once you are holding a coin, .
because waiting for a longer period of time is not easy because there are some circumstance that will come that you cannot resist the temptation.

[energodar2019]

I keep some coins for a long time because they have slipped in price. I need the money, but I'm not fixing the loss, because that would mean I lost the money.

[DarkBullet]

Holding is all about patience for the perfect timing to come. Cryptocurrency takes time to develop and unfortunately, this red market is the hardest part when you are holding an altcoin. Seeing your investment going down and down really is a pain in the ass. As a holder you always have to practice how to wait for that investment to multiply.

[Aniwura]

Cryptocurrency is for the strong. Most times, you have to be fit enough before you can succeed in it. There are tokens you cannot hold for too long. Else, you might loose your fund. Notwithstanding, if what you are holding is good, even if it drops, it will still rise, but you need to be at alert.

[Bttzed03]

Imho hodl works only if you have good entry point, steel patience and made really good research about company you invested. It is not enough just something cheap on the market:)

I agree with this. If you have a low entry point on good projects, you really do not have to worry about the movement of the market. You can hodl all you want until it's the right time to sell.