Patience isn't everything

[Synerggy]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

[1714740613]

1714740613

[1714740613]

1714740613

[Sterbens]

I think what other people say to be patient is not wrong. it's just that you are not careful in reacting to it. So what you need to do is be patient in the proper fields, they just say in general contexts, so you have to take them personally and adapt them accordingly. It is true that overall the meaning of patience will not produce results, but if you think more realistically that many people are patient with holding their crypto, get good results. back again to what crypto you hold. because the decisions you make, not they decide.

[KaratX]

Having patience is a good advice but what they failed to warn you about it locking your coins away and doing other things without proper monitoring, I'm guessing most of the coins you hold are new altcoins in their time, so the thing is new altcoins most especially must be monitored from time to time, if you notice lack of development or failure to follow roadmap then you can sell the token for another one, crypto projects need patience and monitoring at the same time

[doctor877]

its true that some project will never rise again no matter how much patience you are with them. but the fact is that it depends on the type of projects you are holding. some projects might have difficult times and they will never recover but some will recover and do well. its a mix of it and still we have to keep improving in our patience by trying our very best to seed out good potential projects to hold.

[Renampun]

...

one thing is for sure, when you hodl a coin then you have to be prepared for 50% loss or 50% profit...
I am currently on the HODL AME that I bought when the price was cheap and do you know that I have currently made 10x profit from my capital. hodl is not always harmful and not always profitable. the point is to believe in yourself only.

[Kemarit]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

I think you may have miss something when holding though, is that you should hold coins at least in the top 10 or 20 and not those shitcoins. Maybe I know which coins you hold though? Because if you hold Ehtereum for example, it's lowest is around $70-$80k and now it surpasses and established a new all time high of around $2000, you have profited already.

[Apostlekin$$$]

Misleading, I would never give a hope to a newbie telling him or her that one day they will make millions by holding altcoins, this is a gamble and it's only fitting for those who are ready to lose, there is no certainty that the coin will survive long, also it's wrong not to take profits when a altcoin is pumping hard, that opportunity might never return again

[Distinctin]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

That is because you choose to hold altcoins that have no market potentials and it was been abandoned by the developers on the day you bought it. But if you choose BTC, ETH, and the leading coins in the market, you will not be in regret holding for years. And to say "Holding" doesn't mean that we need to hold it for the whole life, of course, we need to check its market growth if it is growing or not, otherwise, we have to sell it and move to another coin.

Well for me. I don't have that kind of attitude, I'd never followed about holding, it is just sometimes I need to hold during the bearish season but most likely, I sell my crypto when I saw profit already.

[Anonylz]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Yeah, patience don't always work in every circumstance,  there are some project that need to be patient with while others needs disposing as soon as possible because any delay in selling off your bags will cost you your investment,  
It is very important to be able to analyse the situation and nature of the project and determine what is best approach towards it.

[Cling18]

It depends on a project or a coin because, to be honest, I also experienced waiting but gaining nothing with old projects before. As long as you're holding a potential coin, being patient is actually a good choice. Patience won't be wrong as long as we have chosen the right coins. However, that's part of our crypto journey. It isn't always successful n the beginning but at least, you've learned from it.

[Iyeman]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Patience is only working for the legit coins but when you are holding new or shitcoins and you should be careful with it dude. That means if your coin can dead anytime. You should remember this if you are not holding legit coins or major coins and you should never use it as your long term investment.
I think that you are missing these words in the past.

[Mauser]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

While this is true for experienced traders, I wouldn't recommend it to newbies. You said it yourself that you first started out by just holding. Even if you lost money in some coins, looking at ETH or Doge there is a lot of money being made. We never know when a coin could rally again.

[chaoscoinz]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Agreed
Patience is a virtue they say, I guess if your religious and your believe that kind of thing (to each his own  ).  They also say that ignorance is bliss, but we know it's way too broad of a statement to actually be considered true, because ignorance can also kill. One saying I know for sure is this, patience may or may not be a virtue, but opportunity is swift, very swift, so if you don't catch it early, you'll get left too late behind.
The early bird usually catches his worm  

[deathcode]

I think it depends on market analysis and the project you invest in. lest you choose the wrong asset. especially if you have assets from participating in the bounty campaign. hold it for a long time and keep hoping the price will increase it will be very long. even as you say many are dead. but if you mean a project that has been on the market for a long time. I think if you came last year and you were just patient enough until this year and you have got the results.
to be honest for assets that are in the top market I only rely on my luck and patience.

[meanwords]

dead coins

Which implies that you are mostly holding shitcoins that are new or have very low market value on the day you bought them. Don't do that. You only have a slim chance of actually getting a decent diamond from a pile of those shitcoins. Actually, don't listen to your friends. Make your own judgement from now on and do your own proper research. Patience is still the key to this. Look at Bitcoin and all the other old coins.

[jrrsparkles]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

What? They are talking about bitcoin and ethereum like few altcoins which never meant that you should hold a shit coin when it is in red, those coins will simply goes to zero at the bear trend and it will never recover from there. Only very few altcoins managed to survive while 100s of them left with no value at the end of every cycle.

[KillHawk8]

only hodl BTC  

[Novatech8]

It's simple arithmetic, don't hold new altcoins for long, they can fetch you good amount of money but sooner or later they will become shit coins, if you want to hold for a very long time hold the best coins, BTC, LTC, NEO, ETH, XMR

[isaac_clarke22]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

That's why you just hodl BTC.
Patience part isn't technically about hodling your shitcoins in your hand, but rather than either trading them or selling them at their highest point contributing to dumps.
Almost every new altcoins aren't worth holding anymore because many would just dump it and there's nothing you could do about people that just wanted quick $$$.

[vintages]

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

The main issue is that you might have hodl the wrong coins and took advice from the wrong people. Sometimes, the people who make you purchase some shit coins, might be their promoter or those who are looking for investors to dump on. I put completely faith in Bitcoin and I was not disappointed. For altcoins, purchase and invest only in few best ones.