Digital asset is for holding

[sarmrakib]

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

We need to hold if we wanna get good profit here .We all know that crypto is huge platform for investment its not for them who wanna be rich in one night .It happen incidentally on meme coin but a good project always give you a good return but you have to be patient for that .One more thing if you buy shitcoin there will be nothing help for you to even you hold it forever .So that i wanna add here that we also have to choose the top ranked potential project which is surely give us a huge return if we hold .There is nothing any trick who are getting panic always and sell their asset on low price or exit with few profit .The platform actually not for them who are patientless .

[TheNineClub]

I mean, an argument can be made for both sides, but at the end of the day, it all boils down to what goals a certain investor has. There is a lot to be made with short-time trading (not a long hodl), I mean, the brokers in the 80's made enormous sums just by doing that. SO there is no right or wrong here, just personal preferences and your overall investment goals.

[oHnK]

Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.

The difference only lies in the end result. When people take the short term in their investment, he needs extra time to set the time to buy and sell to get a significant profit but for those who don't want to be complicated, you have to be patient with the long-term choice. Because the final result was also very extraordinary saying at the beginning of 2010 BTC only worth 1 $ 21 years after the value was 46k $. 46,000% of the profits achieved.

[judaspriest]

Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.

In investing, people must have a goal. From the start they must have had a target to take advantage. That's good because we really have to have good management. Be it long term or short term.
I agree most people nowadays only think about how they make a quick profit. But in my opinion that pattern is not good, because in my opinion investing is not only fast or not we make a profit. But how can we be patient to hold our assets, for us to take in the future.

Investing without a goal I think it's just a waste of time,
talking about investing in crypto indeed it can generate profits quickly but it is important to understand that the risks are also big,
Patience is indeed one of the keys to success in investing

[24Kt]

Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.

In investing, people must have a goal. From the start they must have had a target to take advantage. That's good because we really have to have good management. Be it long term or short term.
I agree most people nowadays only think about how they make a quick profit. But in my opinion that pattern is not good, because in my opinion investing is not only fast or not we make a profit. But how can we be patient to hold our assets, for us to take in the future.

Investing without a goal I think it's just a waste of time,
talking about investing in crypto indeed it can generate profits quickly but it is important to understand that the risks are also big,
Patience is indeed one of the keys to success in investing

Most newcomers are having this kind of misconception. They thought that they can easily gain huge profits once they get onboard with crypto. But they will soon find out that it is not easy to earn profits because there are a lot of factors to consider. Also, getting into new alts is a very risky one because most of them are pump and dump coins or their respective devs can easily rug pull the project. So not all projects are worth holding, only few are good for long-term. And they have to find out which one is worth holding.

[Yamifoud]

Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.

The difference only lies in the end result. When people take the short term in their investment, he needs extra time to set the time to buy and sell to get a significant profit but for those who don't want to be complicated, you have to be patient with the long-term choice. Because the final result was also very extraordinary saying at the beginning of 2010 BTC only worth 1 $ 21 years after the value was 46k $. 46,000% of the profits achieved.

But the sad truth is that only a few people do and take hold for that long while the majority are selling off during the start of the bullish season. I sell my crypto in early 2021 but I don't be in regret it since I was still in profit which is very important. But I am supposed to think now that the more we hold (for many years) we even received more prizes in the end. But only we can do this if we have multiple sources of income to cover up our daily needs, if that so, not seem so hard to do it. This is actually why rich people can hold and never touch their cryptos.

[The Sceptical Chymist]

Holding on to an investment for the long term is one strategy that's worked for many people--and yeah, you can see that worked out well for people like Warren Buffett and anyone who bought bitcoin when it was under $100 (or $1000 even).  It isn't the only thing that works, though.  If people on sites like Youtube are to be trusted, which is iffy, you can still make a lot of dough by actively trading stocks, crypto, or whatever else.

The problem I see with a lot of people in crypto is that they buy a lot of bitcoin with the intention of holding it for years, but they've overinvested, i.e., bought it with money they ended up needing for expenses before the end of their investment time frame came around.  They may have made a profit when they sold, or they might not have.  My point is that if you're considering buying something as a long-term investment, make sure you're buying it with money that you're not going to need to pay rent or buy groceries with in a couple of months.

[Rufsilf]

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

It really depends on which sector you're investing because not all investments are for holding for a long time like buying a stocks in any give industry or company, and all of the investments you make surely really needs some time and planning before considering to invest. But if it's digital assets like bitcoin then it really needs patience to while hodling it for like 2-3 years and checking the market price on daily basis will be really irrelevant because as said your going to hold these assets for years.
Also, before investing, you're first needed to have a main source of income like one or two businesses that pays every month or weekly to be able to afford and buy the daily needs of your family.

[Mamun74]

Many People invest with long-term profit and some people invest their money with short-term profit in project. I think It's depends on you and your Think and what you want and how much you invest.Most of billionaires they invest a huge amount for long term holding but i see a small investor they invest with short term project profit in mind.I'm suggested on you, you can buy ETH, BTC and BNB and hold long time, i Think you can get good profit from it in future.

[ven7net]

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 believe you are right. Crypto assets, as time has shown, rewarded those who knew how to wait. However, it is very difficult to be patient and wait for a profit, as many would like to have a profit right now. To get the maximum profit, you really need to just be the holder of this or that cryptocurrency and just wait. This option is ideal for those who have different sources of income, and cryptocurrencies can become for them just an asset that will wait for its time and will definitely give excellent profits in the end. But it is also very important not to overexpose the crypto asset, since it, like other assets, always has a limit and it is important to see this limit and fix the profit in time.

[dezoel]

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

Yes, you should hold your asset, but when they say hold, it doesn’t mean that you should be holding your asset forever. At some point you would still have to make a sale and have your profit. You are not just going to invest your money in an asset and abandon it there forever in the name of holding for a long term. Your main purpose for starting that investment is because you want to make profit right? so I don’t really think it’s bad that at some point you take that profit.

And moreover an investor should have a target, whenever you reach that target you can feel free to withdraw your money from that investment and also use it for something else. The reason why you are being told to hold your investment for a long term is in case that the market continues to go up, which is the case with Bitcoin that continues to grow in price. But don’t be greedy.

[Wawa2013]

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

Yes, you should hold your asset, but when they say hold, it doesn’t mean that you should be holding your asset forever. At some point you would still have to make a sale and have your profit. You are not just going to invest your money in an asset and abandon it there forever in the name of holding for a long term. Your main purpose for starting that investment is because you want to make profit right? so I don’t really think it’s bad that at some point you take that profit.

And moreover an investor should have a target, whenever you reach that target you can feel free to withdraw your money from that investment and also use it for something else. The reason why you are being told to hold your investment for a long term is in case that the market continues to go up, which is the case with Bitcoin that continues to grow in price. But don’t be greedy.

For some coins, the longer we hold, the bigger the profit we make. But not all coins are good for holding in the long term, we must be able
to separate which coins are good for long-term investments and which are for short-term investments. But indeed we must have a selling target,
as you said, our goal of holding assets is to generate profit. So if our target has been achieved, it's time we sell it, and we will buy it again when
the price drops. Because if we don't have a target, we will miss the opportunity to make a profit.

[dothebeats]

Pretty sure a lot of us here know that. But once your asset reached a certain value, I'm pretty sure you will sell it immediately and look for another investment. That's what happens most of the time, and pretty sure it still applies on today's scenario. You will have a lot of profits when you sell at the right time and buy again at a much lower pace rather than wait for it to grow incredible heights and waste time by doing so.

[Mamun74]

When you start holding then i Think you need to decide how much time you hold and need more patience.You can hold your valuable asset for long time.I think you will be get good profit from it to right time sell it.Holding isn’t easy for greedy People and impatient investor.Now BTC,ETH,BNB price little dip you can buy more thoose type of coin and hold long time.I hope you will be get more profit in future. I'm pretty sure thoose coins price will be more increase in 2022.

[Silberman]

Everything requires patience, especially in the long run because there will be many temptations along the way such as panic, emotional and so on and you have to be really strong through them to get a good profit.
Knowledge and learning to analyze is very important before trading especially for the short term because you have to do it full time to make money and use the extra money so that when it doesn't go as expected you don't regret it too much.

Short trading isn't as easy as you think. I don't advice it for the newbies who wants to have a quick profit, because short term trading needs a good experience. Trading capital must also be separate from the funds you need for daily essentials.
Holding is always gonna be the safest choice.
Set a target, invest what you can afford to lose, never depend on your investment as a back up fund for emergency, and never sell it to a much lower price when the market declines never panic.
Holding sounds easy as well, but It's always gonna be concerning when you're on actual holding.

People get blinded by the profits they can get with short term trading and as such they decide that is the path they want to take, it seems they do not understand that compared to long term trading or holding it is many time harder and that the chances of success are lower, but since all what they care about are the potential profits then they decide to try it anyway and then when they fail they come to the forum to complain about it when anyone could have predicted the results they got.

Well, short term trading brings a higher risk but if you think you are capable to make profits consistently, then why not? I think as long as we're getting our main goal to make profits, then its always good. However, if you think of higher profits, then long term holding could possibly give you that. Although it may be a long waiting game, but if you are just patient and calm, the rewards will always be worth waiting for. But for you to be more stable, its better if you can land a permanent day job so you won't be worrying if crypto is not making profits sometimes.

But that is the thing, thinking that you are able to do something is completely different from actually being able to do it, people overestimate their abilities and there are many psychological experiments that have confirmed this, as such people believe they are better than what they actually are and in most circumstances that belief will not bring any damage to them, but when it comes to the markets that belief is incredibly dangerous to the point it can ruin people if they are not careful.

[isaac_clarke22]

The problem I see with a lot of people in crypto is that they buy a lot of bitcoin with the intention of holding it for years, but they've overinvested, i.e., bought it with money they ended up needing for expenses before the end of their investment time frame came around.  They may have made a profit when they sold, or they might not have.  My point is that if you're considering buying something as a long-term investment, make sure you're buying it with money that you're not going to need to pay rent or buy groceries with in a couple of months.

This.
I will never understand those people actually. More like they could have been influenced by celebrities from Twitter or Youtube, ya know what I'm talking about, that made them throw a whole a lot of their savings to crypto and overcommitted to getting the returns from it. There is nothing wrong with holding for years and years, but one should just make sure that whatever money was in that basket aren't going to badly used in the upcoming years. It won't hurt to start slowly increasing your holdings.
It's just those people that are too rushed into crypto.

[Distinctin]

I mean, an argument can be made for both sides, but at the end of the day, it all boils down to what goals a certain investor has. There is a lot to be made with short-time trading (not a long hodl), I mean, the brokers in the 80's made enormous sums just by doing that. SO there is no right or wrong here, just personal preferences and your overall investment goals.

We can't just compare the brokers from 80s and the brokers now, because in 1980s many people are still aren't knowledgeable enough about the real world and only the Wall Street guys are the one's who are manipulating the market and stocks to their own benefit that time compared now that the world has been changed a lot and lots of people are already brokers even just sitting in the house working on the phone or computers knew about it more.
Digital assets or currencies isn't just for holding alone and it wasn't created for that reason alone, and as @TheNineClub said, there's no right or wrong, it's just a matter of personal preferences on which field you're suitable to make profits just like trading or broker guys.

[andriarto]

When you start holding then i Think you need to decide how much time you hold and need more patience.You can hold your valuable asset for long time.I think you will be get good profit from it to right time sell it.Holding isn’t easy for greedy People and impatient investor.Now BTC,ETH,BNB price little dip you can buy more thoose type of coin and hold long time.I hope you will be get more profit in future. I'm pretty sure thoose coins price will be more increase in 2022.

In investing if targeted with time, maybe we will be trapped in the less than maximum profit that can be obtained. I think it would be wise for us to have a profit target, so that if our profit is on target, we can sell some of it while waiting for the next target. because basically time is difficult to predict to know when the bullish season will occur, therefore we must be able to make the best of it

[molsewid]

We can't just compare the brokers from 80s and the brokers now, because in 1980s many people are still aren't knowledgeable enough about the real world and only the Wall Street guys are the one's who are manipulating the market and stocks to their own benefit that time compared now that the world has been changed a lot and lots of people are already brokers even just sitting in the house working on the phone or computers knew about it more.
Digital assets or currencies isn't just for holding alone and it wasn't created for that reason alone, and as @TheNineClub said, there's no right or wrong, it's just a matter of personal preferences on which field you're suitable to make profits just like trading or broker guys.

Broker today has a wide of scope of financial aspect that they need to learn compare to the scope of financial knowledge that the 80's broker need to learn so yeah we can't just compare them that easily because both person from different time has a different scope of knowledge they have. I believe digital assets ara not just for holding but since we don't have yet a proper way to use of spend our digital asset like purchase goods and services directly from merchant that's why holding and investment today is the best choice to use our digital assets.

[beezee]

advice for everyone here.. if i want to invest in crypto, what should i buy and how long i have to hold all those assets in order for me to make a profit? thank you