The patience to hold is a gift

[jrrsparkles]

It's like a skill which everyone can master with the experience, no matter you invested big or small there will be returns accordingly. For me it comes after lots of life lessons like many failure in both investment and business sector so everyone will have their lesson in their own way. One who can master as early as possible can make it big but better late than never.

[Pamadar]

It's like a skill which everyone can master with the experience, no matter you invested big or small there will be returns accordingly.

A skills that you can enhance every time you enter the market and aim for the betterment of your result, something that you alone can decide and explain if how you see your opportunities.

For me it comes after lots of life lessons like many failure in both investment and business sector so everyone will have their lesson in their own way.

I get that point and it's true, from those collective outcome you will learn and understand how to deal with it next time,
to extend your chances of getting good results.

One who can master as early as possible can make it big but better late than never.

better late than never, everyone have their opportunities and it will somehow needs to be enhance.

[Quidat]

It's like a skill which everyone can master with the experience, no matter you invested big or small there will be returns accordingly. For me it comes after lots of life lessons like many failure in both investment and business sector so everyone will have their lesson in their own way. One who can master as early as possible can make it big but better late than never.

Patience isnt a skill but rather a behavior on which something that really needs to be mold up but since people are really different in any ways then there's no way that each person
does have same level when it comes to patience.Its true that it is really something that relevant or needed when you do deal up with crypto space which each decisions
would be made will really be having that significant outcome or results which its up to you whether which action you would really be making.
But i do agree on some words on here that having that patience or in too much state could really be making you on missing out those opportunities on selling too.

[jrrsparkles]

It's like a skill which everyone can master with the experience, no matter you invested big or small there will be returns accordingly. For me it comes after lots of life lessons like many failure in both investment and business sector so everyone will have their lesson in their own way. One who can master as early as possible can make it big but better late than never.

Patience isnt a skill but rather a behavior on which something that really needs to be mold up but since people are really different in any ways then there's no way that each person
does have same level when it comes to patience.Its true that it is really something that relevant or needed when you do deal up with crypto space which each decisions
would be made will really be having that significant outcome or results which its up to you whether which action you would really be making.
But i do agree on some words on here that having that patience or in too much state could really be making you on missing out those opportunities on selling too.

Behaviour in general is acceptable but when it comes to investment patience is a skill too loke our analytical, decision making,etc because it pays off at the end one who holds but either its behaviour or skill which can't be same for everyone and it takes time to understand the importance which varies from one to another.

[South Park]

It's like a skill which everyone can master with the experience, no matter you invested big or small there will be returns accordingly. For me it comes after lots of life lessons like many failure in both investment and business sector so everyone will have their lesson in their own way. One who can master as early as possible can make it big but better late than never.

True, most of the time this is not an innate skill but one that we learn through experience, however many people lose too much money before they learn how to hold their coins and this causes the effectivity of this strategy to go down as their capital is much lower than when they began their journey, so it is important to learn how to manage our money as well so when we suffer those losses which eventually develop our ability to hold our coins we do not lose too much money in this process.

[Pamadar]

True, most of the time this is not an innate skill but one that we learn through experience, however many people lose too much money before they learn how to hold their coins and this causes the effectivity of this strategy to go down as their capital is much lower than when they began their journey, so it is important to learn how to manage our money as well so when we suffer those losses which eventually develop our ability to hold our coins we do not lose too much money in this process.

growing from a hard fall experienced, most of the time traders learn after that past mistakes, mismanage finances and most of all fear with the market downfall.

But once you realize and understand how the market works and how you will be able to make
good money from the volatile market, things will suddenly change, and with the experienced
you gain, balance and proper management of your initial capital, gives you a decent outcome.

[kamvreto]

~snip~But once you realize and understand how the market works and how you will be able to make
good money from the volatile market, things will suddenly change, and with the experienced
you gain, balance and proper management of your initial capital, gives you a decent outcome.

Of course, to achieve all of these things requires a lot of experience and ups and downs in trading. as well as psychology that will continue to be forged so that it can withstand all kinds of conditions. In addition to the balance of carrying out proper management of the initial capital, the analysis also needs to be done properly to find out where the market is going. Trading without doing analysis is the same as walking like a blind man. Patience and belief in what is held will also determine the final result.

[Nrcewker]

...If I don't like overhyped discussions so I just tell them it is far better compared to having their money saved in the bank for 1 year doing nothing I do this to avoid been held by my words if things goes wrong...

There is no doubt that investing in bitcoin will be much more profitable than keeping your money in the bank. Given the dynamics of the cryptocurrency market, the profit in this case can reach several hundred percent. But this will only be true if the market is bullish. Otherwise, 1-2% in the bank may be higher than you will earn on holding bitcoin.

Currently if we compare both the scenarios, then both have its own benefits. Investing all your money in Bitcoins is risky, as there is huge risk and chance involved that whether your money will grow or not. Additionally there are also high chances that, you will go in negative if the market falls. In bank your capital will be constant, it won’t decrease atleast. Now on the other hand Bank doesn’t give financial freedom on our own money, so here investing in Bitcoins will be better idea. I know this sounds confusing. But do what you are capable of.

[Oilacris]

...If I don't like overhyped discussions so I just tell them it is far better compared to having their money saved in the bank for 1 year doing nothing I do this to avoid been held by my words if things goes wrong...

There is no doubt that investing in bitcoin will be much more profitable than keeping your money in the bank. Given the dynamics of the cryptocurrency market, the profit in this case can reach several hundred percent. But this will only be true if the market is bullish. Otherwise, 1-2% in the bank may be higher than you will earn on holding bitcoin.

Currently if we compare both the scenarios, then both have its own benefits. Investing all your money in Bitcoins is risky, as there is huge risk and chance involved that whether your money will grow or not. Additionally there are also high chances that, you will go in negative if the market falls. In bank your capital will be constant, it won’t decrease atleast. Now on the other hand Bank doesn’t give financial freedom on our own money, so here investing in Bitcoins will be better idea. I know this sounds confusing. But do what you are capable of.

We can make out those differentiation when it comes to its pro's and con's and its up to ours whether we could able to bare or deal with it or would not able to handle it on.Someones patience

could really be affected with some factors which would really dictate out whether you could really hold much longer or wouldnt be able to do so.Patience level does really vary on someone

because not all would really be having that kind of limit or tolerance when it comes to things which if we are really that serious in towards our Bitcoin or crypto
investment then we would really be holding it out no matter what happens on the market.

[Oceat]

Recommending someone to invest in Bitcoin is some how risky. If the don't have the patience to wait for the bull season to commence the might sell at a loss and but the blame on the introducer. And many likes attributing their failures to someone then their success to their personal effort. I have learnt from past experience that before I recommend Bitcoin to a newbie I will first ask how long the can hold for and that will determine if I will be willing to proceed with guidance or end it there.

It's not all about how long they will hold, it's how knowledgeable they are about of what they are dealing with. It's easy to invest into something but hard to get the profit/ROI that you want. So, if a newbie would want to invest this might take some personal or shared experience before they decide what to do with their investment.

If they have a good mentor then they are lucky to have one compared to those who are self-learning because it might take some time before they learn their lesson.

[Mr.right85]

If the bull run ever start again do you think it will be massive for small and medium investors. I mean those who start up their Bitcoin holding investment with an amount as low as $100. I have been trapped  having conversations involving Bitcoin investment and the major concerns of this folks has been how much their ROI will be if the invest. How long will it take for the bull run to resume and lots of many complicated questions. If I don't like overhyped discussions so I just tell them it is far better compared to having their money saved in the bank for 1 year doing nothing I do this to avoid been held by my words if things goes wrong.

That's one way to handle this I tell you that and surely, it's better than having it in the bank.

You know, holding isn't entirely beneficial to a business minded individual. Dob Don't me wrong, its profitable but still, if you look at the time frame (let's let's 4years) you use in holding $100 in bitcoin and it returns let's say, a %300, that would be far less when you get to run a profitable business with same amount for that time frame. That's if you don't come by some huge loses though.

Although, if we look at it ti's way, we could be doing it wrong. Because, there are aspects to every field and if I want to draw a comparison now with some close relativism as per where to look, I'll say

Holding in coin = Holding in banks (Just the act and not profit wise)
The percentage banks gives on holding fiat in 4years is far less compared to what you get from holding cryptos on 4year. For a 4years bitcoin holding, 300%+ is possible but for holding fiat in banks, your not sure of even 30%. That's some huge lose.

Trading coins = Running a business (This could go both ways as above)
Here, it's more about the risk and management so, it gets productive where you do great on both.

Hence, having them pitch there tent on what it is to gain from fiat in a bank and having some holdings in bitcoin is a great way to explain that. Just that, they should always get to decide and be educated on the risk involved.

[Yamifoud]

Recommending someone to invest in Bitcoin is some how risky. If the don't have the patience to wait for the bull season to commence the might sell at a loss and but the blame on the introducer. And many likes attributing their failures to someone then their success to their personal effort. I have learnt from past experience that before I recommend Bitcoin to a newbie I will first ask how long the can hold for and that will determine if I will be willing to proceed with guidance or end it there.

It's not all about how long they will hold, it's how knowledgeable they are about of what they are dealing with. It's easy to invest into something but hard to get the profit/ROI that you want. So, if a newbie would want to invest this might take some personal or shared experience before they decide what to do with their investment.

If they have a good mentor then they are lucky to have one compared to those who are self-learning because it might take some time before they learn their lesson.

Learning is so fast if someone who has a huge knowledge of a particular thing like investing in crypto will accompany us and share their ideas as well. Because what we get from reading online, watching YouTube is incomplete while if someone teaches you and explains to you face to face, it was easy to understand.

But also, if we wanted to enhance our knowledge and skills, we have to improve our mindset as well and tried to encourage ourselves not to be afraid of taking risks. Because this form of investment is not just all about knowledge and skills but also about the experience. More experience - more learning.

[QueenVera]

It's like a skill which everyone can master with the experience, no matter you invested big or small there will be returns accordingly. For me it comes after lots of life lessons like many failure in both investment and business sector so everyone will have their lesson in their own way. One who can master as early as possible can make it big but better late than never.

To master it you have to start small and gradually increase your position as you get more experience in the market. People just just into holding without even knowing what they're buying into. A newbie that bought shitcoin shoudn't be holding instead they should be looking for a way to sell when they see profits.

Holding should be for coins with strong fundamentals and community like Bitcoin Ethereum and BNB. This projects has higher chances of surviving for years and also has history but those newly launched project don't have such history so they can't be trusted.

When holding, start with funds that won't disorganized you if it gets lost in the market due to dip of the market as if you start your holding with much capital, it'll disorganized you and you might be forced into selling just to minimize your lost.

[sultanzobair86]

Holding is very toughest work. Holders can see a big portfolio crash but still who have hold for the future. Holders can't sell in panic. Holders need strong mind. Holders need to have holding ability for long time. Thus a holder can achieve success.

[xSkylarx]

Holding is very toughest work. Holders can see a big portfolio crash but still who have hold for the future. Holders can't sell in panic. Holders need strong mind. Holders need to have holding ability for long time. Thus a holder can achieve success.

Holders can still sell in panic, those newbies panic sell because first, they are scared of losing (you should know at first that this is the part of holding a bitcoin), and second, they don't have knowledge at all, they jump in because of the hype. Holders should train their minds because holding is a mental game and a waiting game as to when the price goes up and sell it all as well as the patience as this will take years or more depending on your target price.

[Slow death]

actually it is not a gift, I would say that when a person has money that they can afford to spend and they will not lack it and put it to buy bitcoin then that person will not panic when the price of bitcoin drops a lot, because that person does not need that money, he has more money to cover the needs he has, so he can wait many days until the price recovers and makes a profit, but the same cannot be said when a person invests money that he knows that after some time time will be needed, at that time that person starts to get desperate because the price has dropped and the money is no longer the same value, the money is reduced and then that person decides to sell before the price drops even more and he is left with little money

[nara1892]

Holding is very toughest work. Holders can see a big portfolio crash but still who have hold for the future. Holders can't sell in panic. Holders need strong mind. Holders need to have holding ability for long time. Thus a holder can achieve success.

Holders can still sell in panic, those newbies panic sell because first, they are scared of losing (you should know at first that this is the part of holding a bitcoin), and second, they don't have knowledge at all, they jump in because of the hype. Holders should train their minds because holding is a mental game and a waiting game as to when the price goes up and sell it all as well as the patience as this will take years or more depending on your target price.

Holding cannot be as easy as what one thinks, mentality will greatly affect it, especially if you see a burning portfolio that is the time when our minds will fight between selling and continuing to defend what is held. This can be done by a professional who is already mentally trained, it will be different if it happens to beginners. Moreover, as discussed, lack of knowledge and they buy just because of the hype without any knowledge that they should have known from the start.

[Oceat]

Recommending someone to invest in Bitcoin is some how risky. If the don't have the patience to wait for the bull season to commence the might sell at a loss and but the blame on the introducer. And many likes attributing their failures to someone then their success to their personal effort. I have learnt from past experience that before I recommend Bitcoin to a newbie I will first ask how long the can hold for and that will determine if I will be willing to proceed with guidance or end it there.

It's not all about how long they will hold, it's how knowledgeable they are about of what they are dealing with. It's easy to invest into something but hard to get the profit/ROI that you want. So, if a newbie would want to invest this might take some personal or shared experience before they decide what to do with their investment.

If they have a good mentor then they are lucky to have one compared to those who are self-learning because it might take some time before they learn their lesson.

Learning is so fast if someone who has a huge knowledge of a particular thing like investing in crypto will accompany us and share their ideas as well. Because what we get from reading online, watching YouTube is incomplete while if someone teaches you and explains to you face to face, it was easy to understand.

But also, if we wanted to enhance our knowledge and skills, we have to improve our mindset as well and tried to encourage ourselves not to be afraid of taking risks. Because this form of investment is not just all about knowledge and skills but also about the experience. More experience - more learning.

Learning won't be enough if they just take it from reading and watching, they should start to do something in order to gain that knowledge it's to put yourself to the test if you really deserve the knowledge you have. Risking is important in every aspect of life because if you don't do it, you will never learn even if you failed or succeed, at least you do what you gotta do.

There are a handful of people that can do this but only few people succeeded. It matters on how persistent you are of what you are doing to acquire that knowledge and experience.

[Fatunad]

Recommending someone to invest in Bitcoin is some how risky. If the don't have the patience to wait for the bull season to commence the might sell at a loss and but the blame on the introducer. And many likes attributing their failures to someone then their success to their personal effort. I have learnt from past experience that before I recommend Bitcoin to a newbie I will first ask how long the can hold for and that will determine if I will be willing to proceed with guidance or end it there.

It's not all about how long they will hold, it's how knowledgeable they are about of what they are dealing with. It's easy to invest into something but hard to get the profit/ROI that you want. So, if a newbie would want to invest this might take some personal or shared experience before they decide what to do with their investment.

If they have a good mentor then they are lucky to have one compared to those who are self-learning because it might take some time before they learn their lesson.

Learning is so fast if someone who has a huge knowledge of a particular thing like investing in crypto will accompany us and share their ideas as well. Because what we get from reading online, watching YouTube is incomplete while if someone teaches you and explains to you face to face, it was easy to understand.

But also, if we wanted to enhance our knowledge and skills, we have to improve our mindset as well and tried to encourage ourselves not to be afraid of taking risks. Because this form of investment is not just all about knowledge and skills but also about the experience. More experience - more learning.

Learning won't be enough if they just take it from reading and watching, they should start to do something in order to gain that knowledge it's to put yourself to the test if you really deserve the knowledge you have. Risking is important in every aspect of life because if you don't do it, you will never learn even if you failed or succeed, at least you do what you gotta do.

There are a handful of people that can do this but only few people succeeded. It matters on how persistent you are of what you are doing to acquire that knowledge and experience.

Everything is needed for you to learn, reading up other experiences and knowledge wont really be enough for you to learn up everything which it is really still needed for you to
deal up with things on your own or something we do call out that real experience or engagement on a particular thing and not just reading it out.
Patience is really something that you do really need when investing on crypto but it does have its cons which you do also need to sell out when its needed.
Therefore, its not always talking about patience.

[isaac_clarke22]

Holders can still sell in panic, those newbies panic sell because first, they are scared of losing (you should know at first that this is the part of holding a bitcoin), and second, they don't have knowledge at all, they jump in because of the hype. Holders should train their minds because holding is a mental game and a waiting game as to when the price goes up and sell it all as well as the patience as this will take years or more depending on your target price.

Sometimes it is, but sometimes it is not. The only key to it is finding other things to be distracted of since without any distraction, you'll likely to be looking too much into your investment on how much you earned within the day and it might even turn you unexpectedly into a day trader.

This was me back in 2018 when I was continuously repeating F5 and hitting refresh on the price of Bitcoin. Kind of annoying habit, I know but I grew out of it.