The patience to hold is a gift

[crwth]

Anything in it for itself, not being able to spend an investment is really a gift, because it means that extra money for you that you wouldn’t be needing to live. Most of the time, people are not able to hold their investments because they need the money. And I think that’s also one of the reasons where people cash out.

I think there is also a factor with luck because it’s not everything that the hold would be of value in the long-term. Not everything rises in price. It’s best to be managing your money.

[kamvreto]

The key to earn money is through trading and investing. Both might look similar but are yet very different.
For some, trading is more convenient since they don't have to deal with huge price swings and earn quick profits in the short term.
They get the rewards quickly when compared to investing which is a long term process.
We need to hold it no matter in which direction the trend goes in the short term.
This is where many people find their ideal choice of earning money and for me it is investing.
I have tried trading but eventually lost money but when I hold it for a long term it certainly gives huge profits.

In my opinion, your opinion is a little wrong in trading, not only in the short term, but also in the medium term and long term (it can also be called investment).

When you do short-term trading it will be riskier because of rapid price changes and you are required to continue trading and must be able to read the candle well and capital management. quick gains, but also provide quick losses. while for the long term (investment), you only need to buy at the bottom price in your opinion, and hold it for the long term according to the target to be achieved.

But when you try to trade short-term and lose money, you are already contradicting your own statement that short-term trading is more comfortable with quick profits because it doesn't deal with large price swings.

actually the long-term or short-term is the same, depending on how you do it, everything is knowledgeable and appropriate with everyone's passion.

[Bitstar_coin]

Patience is the hardest part of long term investment, if you can exercise patience then you will be able to invest for longterm.
Saying hold for longterm is easy, actually putting it into practice is the most difficult part. If you can do it, you will be immensely rewarded.
There is a popular saying that goes "patience is golden" meaning not everyone has the gift of patience.

[justdimin]

The key to earn money is through trading and investing. Both might look similar but are yet very different.
For some, trading is more convenient since they don't have to deal with huge price swings and earn quick profits in the short term.
They get the rewards quickly when compared to investing which is a long term process.
We need to hold it no matter in which direction the trend goes in the short term.
This is where many people find their ideal choice of earning money and for me it is investing.
I have tried trading but eventually lost money but when I hold it for a long term it certainly gives huge profits.

The key to earn money in all of the world for majority of people is to work and earn. I feel like that should be true for people in bitcoin as well but unfortunately they do not see that as a possibility. I think if you worked hard, and worked for a good boss, then you would earn a lot of bitcoins to begin with.

I do that and I have been living an amazing life for many years now, my boss is lovely and my job is lovely and my payment is in bitcoins and I am doing great, saving some of that aside each month usually aside from some bad debt months. Long story short, trading is not the only way, do not see that as a way to get out, it's not really a must.

[GeorgeJohn]

Sometime we need to keep patience for achieve something and in trading we also need keep patience in trading sometimes market come down and for long time then we need keep patience.

During long term investment it's when we adhere to such advice of be patient and not panic for investment that will like to stay like two years or Three years, but for trading, it's also required patient as you portray, but the patient of trading is when you know what is obtainable at particular point in time, but a process whereby you don't know exactly what is obtainable, you will not knowing when to be patient in trading and when not be patient.

[QueenVera]

Patience is the hardest part of long term investment, if you can exercise patience then you will be able to invest for longterm.
Saying hold for longterm is easy, actually putting it into practice is the most difficult part. If you can do it, you will be immensely rewarded.
There is a popular saying that goes "patience is golden" meaning not everyone has the gift of patience.

Having patience in cryptocurrency investment can be achieved by having multiple sources of income so you don't run out of money when the market is in bear season. The main reason people sell their Bitcoin or other cryptocurrency is because they need money.
If you have other businesses that is putting money in your pocket then you can invest and hold you investment for as long as you want.
The mistakes people make is that they take their investment in bitcoin as a job and expect it to give them day to day feeding money.
They forget that Bitcoin gain is seasonal so for you to benefit you have to be patient and wait for the profit season for you to benefit.

[suzanne5223]

Holding a cryptocurrency investment is more than just a gift because it is about understanding how to keep one investment, discipline, and doing it smartly.
I think it is time that the people who find holding to be a problem understand how things work when we're talking about investment. The secret the wealthy people use is to keep their investment asset, they take a loan against the asset which will technically free them from paying tax, and also buy a life insurance policy as collateral which will protect everything that they owe.
Another method is the DCA but if the person is having a problem with holding again there is a method of locking BTC for a certain set of years through all these methods holdings will be easy to do.

[stomachgrowls]

Patience is the hardest part of long term investment, if you can exercise patience then you will be able to invest for longterm.
Saying hold for longterm is easy, actually putting it into practice is the most difficult part. If you can do it, you will be immensely rewarded.
There is a popular saying that goes "patience is golden" meaning not everyone has the gift of patience.

Having patience in cryptocurrency investment can be achieved by having multiple sources of income so you don't run out of money when the market is in bear season. The main reason people sell their Bitcoin or other cryptocurrency is because they need money.
If you have other businesses that is putting money in your pocket then you can invest and hold you investment for as long as you want.
The mistakes people make is that they take their investment in bitcoin as a job and expect it to give them day to day feeding money.
They forget that Bitcoin gain is seasonal so for you to benefit you have to be patient and wait for the profit season for you to benefit.

I heavily agree into this one which is really indeed true on which on the time that you do have other sources of income and when you do see your crypto investment is decreasing then you wont really be creating or

having that kind of panic on which you could eventually hold up your position without any problems or you could wait up for a long period of time and since you are accumulating coins then holding wont really be
problem compared to those who are having only one source of income.

You would really be finding yourself on a very tough position when you do have only a single source.Being patient is on someones persons quality it we
do really differ on level or tolerance with it.

[sulendra12]

Having a patience just depends on person and the current situation of that person.
- If that person doesn't have an urge to sell because there is no urgent stuff to buy and they also have a job to do, then they'd probably have lot of patience to wait for example Bitcoin to reach the goal they have set and forget about it until that day comes.
- If that person needs money urgently, then they'd sell it right away without caring about the price. Sure other people would say to wait until the price reaches high so you can make more profit but once the "economy" kicks in then you will use last thing you have including your investment that you already hold for so long.

Patience is a great thing to do both real life and investment stuff for more precise topic but if the situation around that person "doesn't support" that matter then they have to wait until next session.

[Lanatsa]

Having a patience just depends on person and the current situation of that person.
- If that person doesn't have an urge to sell because there is no urgent stuff to buy and they also have a job to do, then they'd probably have lot of patience to wait for example Bitcoin to reach the goal they have set and forget about it until that day comes.
- If that person needs money urgently, then they'd sell it right away without caring about the price. Sure other people would say to wait until the price reaches high so you can make more profit but once the "economy" kicks in then you will use last thing you have including your investment that you already hold for so long.

Patience is a great thing to do both real life and investment stuff for more precise topic but if the situation around that person "doesn't support" that matter then they have to wait until next session.

But too much patience could really have that negative effects which it is really not that always been good because if you do wait up that much, there are things which are more worth which you do need to sell it

up.Just like the case where Bitcoin did able to reach up 69k? If you have sold into those peak levels then you wont really be needing to wait up further or too long for you to sell out.
You could eventually make some buybacks later on because its really that impossible for a market wont really be having any corrections or pullbacks.
In overall its true that patience is a virtue but just like on what the rest been saying on here that it does really differ on each person yet there are lots of factors which could really affect out into your decisions
in life or into your investment.

[KingsDen]

There are many factors that will determine if one would hold a particular coin for a very long time or a short period of time.
Most often cryptocurrency investors always ignore the advice to always invest with the amount of money they are willing to lose.
They instead will prefer to invest the money they will be needing for their next day meal or they will be needing to pay their rent at the end of the month.
Someone who invest this type of money in Bitcoin or any other cryptocurrency, it is obvious they cannot hold it for a very long time.
No one will be applauded for holding a coin and  dying of hunger. Holding only makes sense when you invest what you are able to lose and a particular percentage that will not affect your living.

[GreatArkansas]

Patience to hold, it is a matter of choice for me. It is not a gift for me, because if we do not choose the long-term or the short-term, we will not see results. In short, if we don't start now when?
 (...)

It is also a matter of time like the time when you enter the market or open your trade. There are a lot of people who are not fans of long-term or hodl. If they see an opportunity, they go and they do exist based also on their analysis.
Some traders are just here for profits or money, sometimes they don't care about the fundamentals.

[Strongkored]

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.

A person's ability to hold BTC depends on the income earned, whether it is enough to meet all the main needs and can set aside to continue buying BTC, if your colleague is still having difficulty meeting his main needs, it is very possible for him to sell even though he is at a loss.
Holds are indeed profitable when done on Bitcoin but they only work well for people who are already economically stable.

[bitgolden]

It is also a matter of time like the time when you enter the market or open your trade. There are a lot of people who are not fans of long-term or hodl. If they see an opportunity, they go and they do exist based also on their analysis.
Some traders are just here for profits or money, sometimes they don't care about the fundamentals.

Each and every trader and investor do exist only for profit booking and concerning fundamentals or not is depending on their level of expertise. For short term trading/investing, you usually do not need to bother fundamental things; only technical analysis is more than enough (this does not mean you can trade any fundamentally weak coin; always choosing right coin through fundamental analysis is highly recommended). But, for long term holding, you must always stick with fundamental things.

To enjoy the expected benefits out of bitcoin investment, we must exercise patience. So, being gifted with the skill of patience is just matter of choice. If you need better benefits then you must learn to wait or else, rush and book the little.

[Sikinkato]

Many investors and traders want to make a quick profit in the market, but when the market goes down or in a bear market, they panic or fear investing and always end up losing money.
So patience is the key to investment or trading. We must have enough crypto investment experience to choose and have enough patience to hold tokens for a long time. When investors are patient enough to wait for the right selling opportunity, they can make a profit. Be patient and wait for a bull market to arrive before selling to profit from your investment.

[Getmon]

Long-term investments require patience to hold. However, I don't believe it is called a gift. Unless investors are making impulsive decisions. It is widespread. People invest money in the belief that it will instantly make them wealthy. They viewed "long term" and refer it as months instead of years. The greatest method to avoid being tempted to withdraw an investment that is meant for a long-term goal is to do this; only invest money that you can afford to lose. Also, keep in mind that extra cash differs from funds set aside for emergencies.

[ven7net]

To hold especially for an average investor is a strong contention to deal with. Over and again we hear the echo of hold from every where around the crypto industry. Long term will always pay big someday but for the investors who have nothing to spare their investment could be tempting. The urge to withdraw will always come. Sometimes not for pleasure but to solve pressing needs.

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.

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 should probably be reminded that any investment is always a risk, and investments in cryptocurrencies are considered high-risk. On the other hand, as practice has shown, everyone who invested in Bitcoin at the bottom, everyone had the opportunity to sell it at a very high price and make good money, which indicates the correct choice of investments in favor of Bitcoin. And it also tells us that in this case everyone who invested and just waited won. As for the situation at the moment, it is important to understand that the situation may repeat itself, and on the contrary, everything can go according to a different scenario. It’s like before, people didn’t know that BTC would eventually reach great heights, but the one who believed in Bitcoin won in the end. So here everyone should decide for himself what he will do, and not follow the advice.

[Cling18]

Everyone can hold but not everyone could have patience and that's the common mistake of some cryptocurrency investors. They easily give up when the market is shaky and when the volatility of the coin that they're holding is too high. When it comes to holding and long term investing, patience is the most important trait that we should have. Crypto invesment is full of testings and challenges and it will play along with your emotions. I can say that being patient is a skill because not everyone can apply it.

[Smartprofit]

To hold especially for an average investor is a strong contention to deal with. Over and again we hear the echo of hold from every where around the crypto industry. Long term will always pay big someday but for the investors who have nothing to spare their investment could be tempting. The urge to withdraw will always come. Sometimes not for pleasure but to solve pressing needs.

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.

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.

In my opinion, holding is the most interesting strategy for a player in the crypto industry. 

Many coins (Bitcoin, Monero) have a deflationary emission model.  This means that over time, their supply on the free market will decrease, and the price will increase accordingly. 

The cryptocurrency market is an arena of ingenious manipulations by large players (whales). 

However, the holder is not afraid of manipulation by the whales, since the manipulators strive for quick profits, and the holders hold their coins for a very long time.

[TheUltraElite]

Everyone can hold but not everyone could have patience and that's the common mistake of some cryptocurrency investors. They easily give up when the market is shaky and when the volatility of the coin that they're holding is too high. When it comes to holding and long term investing, patience is the most important trait that we should have.

Often it takes time for investors to get used to such markets. Lack of previous exposure to speculative market is the reason that makes people shaky during severe movements. But even for a person naive to crypto can learn these things by working on their habits and observing the charts regularly while actually dummy trading. Patience needs practice is what I have felt and with that comes a lot of confidence.

Crypto invesment is full of testings and challenges and it will play along with your emotions. I can say that being patient is a skill because not everyone can apply it.

I think it is a skill that can be learnt, but again the habit of being dedicated to learn something is another topic of discussion. This is why we see calm and composed traders rarely but they are the ones making the maximum profits.