Digital asset is for holding

[Taskford]

You're totally right if anyone wants to put their money for investment over cryptocurrency.... And that's the best way for investment since it proves as a blessing for every traders because it gives people a high quality of return after some time all the people need to know os that patience is everything in the crypto world

no, in crypto patience is not everything. if you invest in big altcoins like BNB or SOL maybe patience is everything because the longer you hold the profit you will get the bigger. but if you invest in a new project or memecoin patience doesn't always end well because I often suffer losses from holding for too long. bottom line in crypto world patience is not the final decision to make a profit.

Patience is not everything for alts since there are scam tokens which is needed to be dump immediately so that we will not miss the profit. But for top coins I can say that patience is really needed especially when the market is on bad state since for sure most of them will pump when bullish season arrives.

Patience depends always on what coins you bought but all of this will all matter depends on your decisions.

[1715363697]

1715363697

[1715363697]

1715363697

[1715363697]

1715363697

[1715363697]

1715363697

[tulusikhlas]

You're totally right if anyone wants to put their money for investment over cryptocurrency.... And that's the best way for investment since it proves as a blessing for every traders because it gives people a high quality of return after some time all the people need to know os that patience is everything in the crypto world

no, in crypto patience is not everything. if you invest in big altcoins like BNB or SOL maybe patience is everything because the longer you hold the profit you will get the bigger. but if you invest in a new project or memecoin patience doesn't always end well because I often suffer losses from holding for too long. bottom line in crypto world patience is not the final decision to make a profit.

It's true what you say. Because just having patience is not enough. For example, patience is everything, that means it applies to all assets and we just need to be patient, isn't that logical?
Indeed, patience is an important factor in investing. But there are also many things that must be considered, not just relying on patience.

[CaptainCrapper]

Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all these investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

This is a virtual world for digital investor cause lots of investing sector is available here so we can say if we buy any asset it's reserved for the long term so we have to hold to get better feedback. I am also waiting for some digital assets that I will be taken for the long term.

[Emitdama]

From the history only ponzis are profitable in short holding and all other real potential based opportunities are proven to provide big returns in long term holding hence digital assets cannot be an exception here.

Yes; in my opinion as well, not just digital assets but each and every investment will be highly profitable in long run give that its fundamental are good in long run (and practically without stronger fundamental, you cannot expect an entity to be sustaining everywhere). So, if we want handsome returns from an asset then we should give it enough time.

if we buy any asset it's reserved for the long term so we have to hold to get better feedback.

No one will guide about time frame of holding but you need to go due diligence to find out what is good and when profit booking is good. I mean no asset is entitled explicitly about the time period required for better returns but it is up to investors' preferences.

[cheezcarls]

Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

Now this reminds me of my cousin next door in which my uncle told me that after he made little profit on the growth of Bitcoin he sold it immediately. He wasn’t educated enough about holding BTC long term despite the risks that we are taking.

It’s also my mistake back then that I did let go of Bitcoin and missed the big pump last December 2020. We have the reason to believe that Bitcoin is built for long term.

[RealMalatesta]

in my opinion as well, not just digital assets but each and every investment will be highly profitable in long run give that its fundamental are good in long run (and practically without stronger fundamental, you cannot expect an entity to be sustaining everywhere). So, if we want handsome returns from an asset then we should give it enough time.

That seems like a great and simple way right? I mean if the fundamentals of a coin (or any investment like you said) were to be good, then in the long run unless something unexpected happens then it should be doing something fine in the long run. However, some people still mistake this as a good investment and they think that it is a bad investment if you have to wait that long, why? I have no idea. They tend to buy into the shitcoins and they try to make as much profit as they possibly can for it and they would basically end up losing all of that money very quickly.

This is why I personally do not like to meddle with people who like to buy shitcoins and shill them and think they are the way out of poverty, because they are not, they are just ways for the creators to make as much profit as they possibly can and we know why that is not correct.

[savetheFORUM]

From the history only ponzis are profitable in short holding and all other real potential based opportunities are proven to provide big returns in long term holding hence digital assets cannot be an exception here.

Yes; in my opinion as well, not just digital assets but each and every investment will be highly profitable in long run give that its fundamental are good in long run (and practically without stronger fundamental, you cannot expect an entity to be sustaining everywhere). So, if we want handsome returns from an asset then we should give it enough time.

Normally, investments take time before profit comes. It is not something that you just invest immediately and start expecting profit. This is the reason why a lot of people do fall for scam, because scammers will promise them that they would be making huge percentage in a week or even a day, and they would believe it and fall for it because of their greediness.

For the case of legit investments, slow and steady is always true and applicable; hence what OP is empathizing on this topic is fully acceptable for me.

[bekti3]

You're totally right if anyone wants to put their money for investment over cryptocurrency.... And that's the best way for investment since it proves as a blessing for every traders because it gives people a high quality of return after some time all the people need to know os that patience is everything in the crypto world

And it's also a curse for some that didn't understand wholly how the crypto investment works. Don't make it sound easy for all because there really are those investors that didn't make it and they're just disappointed how they ended up investing in the crypto market.
They have no one to blame but themselves because they didn't make any research before doing that and, they've bought due to the hype and not with what they know about the volatility of the coins that they've bought.

because sometimes speech does not match the direct application.
in theory it would be very easy to say that investments will be easy because only buy when they are cheap, hold them for a certain period of time after the price rises to sell at a high enough price, then after that finish and make a profit. but the fact is not like that, at least it takes time, needs a clear mind to analyze and make calculations so as not to lose and many others.
and actually beginners should pay attention to things like this because indeed they sometimes forget this but it is important because they are tempted by the fun and the lure of getting rich easily

[Argoo]

Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

I think that this is not quite true, as the author of the topic claims. Cryptocurrency is not always profitable when held. So, almost all tokens that were created in 2017-2019, even regardless of their prospects for growth and development, after a long bear market, no longer rose in price and for the most part left the market. It is still profitable to keep the cryptocurrency in a high level of capitalization. So, over the past two years, bitcoin has grown in price by 6 times, ethereum by 25 times. But the cryptocurrency market remains very unpredictable. Therefore, what is profitable now may lose its relevance in the future.

[fullhdpixel]

Normally, investments take time before profit comes. It is not something that you just invest immediately and start expecting profit. This is the reason why a lot of people do fall for scam, because scammers will promise them that they would be making huge percentage in a week or even a day, and they would believe it and fall for it because of their greediness.

For the case of legit investments, slow and steady is always true and applicable; hence what OP is empathizing on this topic is fully acceptable for me.

Yeah, anyone who wants to be an investor must be ready to have patience and wait for a long term. if you are investing in something like bonds, you know for sure that you would be waiting for a year before your profit comes. The reason why a lot of people likes to hurry when they’re investing in cryptocurrency is because they have seen that cryptocurrency can increase within a short term, so now all of them wants to make that profit immediately and cash out.

[darewaller]

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

People always in a hurry to get returns from their investments. Nobody wants to calm down these days. Most of the people who have asked me about Bitcoin, they’re always fond of asking questions like when they are going to cash out and how long it’s going to take, and they would always say that they don’t want it to take very long for them to make money from it.

And the funniest part is that all of them wants to become a millionaire through Bitcoin, and once they see that they are not going to get that kind of chance within a short time, they decide to quit. They are forgetting that such opportunity can come, but it is all about patience and whether you are ready for it. And another thing is how much you invest determines the level of profit you’d make.

[hodllord]

Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

I think people lose their ability to hold for a long run due to the fact that they felt the greed when they saw that their investment is having a considerable gain.

Based on my self also, when I entered crypto Q4 of 2020 going to 2021 I made a generous gain and felt that I need to cash it out as I felt the greed and the fear that it may fall anytime. That kind of thinking I have before brought me to realization that if you believed in something then you should trust it.

Now, I was able to hold from July 2021 up to this point in time without selling any of my assets and still planning on holding years and years.

[suzanne5223]

I think people lose their ability to hold for a long run due to the fact that they felt the greed when they saw that their investment is having a considerable gain.

It all depends on a particular individual's understanding of crypto investment because there's no need for any investor to sell all her hold when she can sell the profit and keep her initial investment (in USD) which I believe is a win-win decision if the person doesn't want to miss the next opportunity the market will present.

Based on my self also, when I entered crypto Q4 of 2020 going to 2021 I made a generous gain and felt that I need to cash it out as I felt the greed and the fear that it may fall anytime. That kind of thinking I have before brought me to realization that if you believed in something then you should trust it.

You should have sell the profit after calculate it in USD or your intial investment and keep the remaining coin for long term.

[beezee]

Sorry if I'm wrong, want to ask all of you opinion. what tokens are good for me to buy for my assets this year?? what assets are good for now?. thank you

[kawetsriyanto]

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

Well, that's why investment isn't for everyone. Not each person has the ability to be patient in holding digital assets, some prefer to do a job that can give them a result instantly. For this type of people, they can focus on trading, especially day trading. While for those people who can control their patience and have a strong belief in their future assets, they can join crypto investment. So, actually, we have some options in crypto business, everyone can join crypto even they have no ability to invest.

[molsewid]

Well, that's why investment isn't for everyone. Not each person has the ability to be patient in holding digital assets, some prefer to do a job that can give them a result instantly. For this type of people, they can focus on trading, especially day trading. While for those people who can control their patience and have a strong belief in their future assets, they can join crypto investment. So, actually, we have some options in crypto business, everyone can join crypto even they have no ability to invest.

Very well said mate investment isn't for everyone if they don't know the word "patience". This is what I initially advise to every people who are asking me about trading or investing in cryptocurrency. Here in crypto platform we have a golden saying that "patience is a virtue" but each and every people has also their own level of patience. I don't also think day trading will going to always work out for those who don't have enough patience because I bet emotion will be their dominant emotion than thinking.

[AicecreaME]

Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

I agree with you. Aside from equipping yourself knowledge and skills necessary for investment, it is also needed to assess yourself how long you are planning to hold and wait for your funds to mature. It is really necessary to ask yourself this thing because it could define how would your investment run the moment you decided to dive into it. Some prefer to hold for the short term only as they have limited resources and have the time to manage and monitor their funds. These people who prefer this kind of short term investment have the skills needed in order for their money to cycle up in most possible ways. Some just like to have and receive their profit easily and then repeat the flow to generate income. This is a good thing especially if you have minimal starting capital. Buy and sell or trading for the short term could get your profit that you could use as an additional capital the next time and so on. Meanwhile, there are also people who want to invest for the long term. These people who prefer to hold for the long term are mostly established in life and have the resources they need in order for them to live and get by without the fund they invested. These people invested mostly are their spares and extra money that they want to grow and make profit in the long run instead of just having it and make it sleep inside the banks or their safety vaults. Both investors have their role in the economy and in the market. It's just really up to us how we want and who we want to be in terms of investing.

If you are in it for the short term, then you should definitely invest in knowledge first because trading is a tough task. Most especially if you will do it everyday. It could be tiring and burdensome because it requires a lot of critical thinking skills as well as technical analysis that could either make or break your trade. If you are in it for the long term, you don't have to worry much and just do your part to patiently hold and wait for the right time to withdraw and until you are already satisfied with your profit. You shouldn't be easily shaken by the sudden dips most especially if you know it to yourself that you invested in a good coin. To all types of investors out there, i hope all is well with you and may this year and the coming years will be prosperous to all of us. Let's always do our own research and invest what we can only afford to lose to avoid regrets later.

[tygeade]

Not each person has the ability to be patient in holding digital assets, some prefer to do a job that can give them a result instantly. For this type of people, they can focus on trading, especially day trading.

For those who are not having the ability to remain patient, even trading may not be a right option for them because, for trading also they need to be patient; moreover when some people are not having the basic needs of investment world, I guess they need to depend on their regular income stream only.

Yeah such people are not deserved to enjoy all the benefits of investment opportunities. This may sound harsh but in reality the benefits of crypto investments are only for deserved people.

[Emitdama]

Aside from equipping yourself knowledge and skills necessary for investment, it is also needed to assess yourself how long you are planning to hold and wait for your funds to mature. It is really necessary to ask yourself this thing because it could define how would your investment run the moment you decided to dive into it. Some prefer to hold for the short term only as they have limited resources and have the time to manage and monitor their funds. These people who prefer this kind of short term investment have the skills needed in order for their money to cycle up in most possible ways. Some just like to have and receive their profit easily and then repeat the flow to generate income. This is a good thing especially if you have minimal starting capital.

Predicting how long you could realistically stay in the crypto investment world is the first thing you could do, secondly how much you could put in there each month. I have done this long time ago and it has changed the way I invest and make money. I have to say, it is not making me super rich of course because I am not rich and I can't put that much money into crypto all the time, but it has allowed me to have a much better % than I ever had before.

Literally just these 2 things, knowing how long I can hold it, and knowing how much I can put in each month. Americans like to fill their 401k, Europeans like to do something else, every nation has their monthly retirement fund type of deal, whereas not many people think of bitcoin that way. Imagine putting just 10% of your salary into crypto each month, you would have been wealthy by now. I am hoping to be one in 10-20 years thanks to this method.

[Shasha80]

Not each person has the ability to be patient in holding digital assets, some prefer to do a job that can give them a result instantly. For this type of people, they can focus on trading, especially day trading.

For those who are not having the ability to remain patient, even trading may not be a right option for them because, for trading also they need to be patient; moreover when some people are not having the basic needs of investment world, I guess they need to depend on their regular income stream only.

Yeah such people are not deserved to enjoy all the benefits of investment opportunities. This may sound harsh but in reality the benefits of crypto investments are only for deserved people.

Trading or investing in crypto is only for people who are patient, because crypto never promises instant profit. After all, trading or investing in crypto is
a high-risk activity, so not everyone can understand this. So like you said not everyone can succeed in the crypto world, only deserved people
can succeed in profiting from crypto. Make yourself a person who deserves to receive profit from crypto by learning about crypto, in order to
understand how the crypto world works. In fact, being a successful person is a person who studies diligently, so don't ever think you are smart
and stop learning. Even though I have made a sizeable profit from investing in crypto, I have never stopped learning, because there is always
something new to learn.