The patience to hold is a gift

[Pamadar]

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.

I see that idea, if someone can give you a deeper look at how the market works and you are willing to continue enhancing your own
knowledge all of the sudden you will learn how to be patience.

Though it is still on how you wanted to succeed and how willing you are to spend both your time
and efforts to find the right way to invest and hold while patiently waiting for the good bounce back
to earn a lot.

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[Insanity]

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.

If someone is worried about the market condition after holding then he can have a lot of trouble. And if he doesn't worry about the bad condition of the market if he can keep his mind strong then I don't think he will have any problem.  But now the market situation is not very good.

[Luzin]

If someone is worried about the market condition after holding then he can have a lot of trouble. And if he doesn't worry about the bad condition of the market if he can keep his mind strong then I don't think he will have any problem.  But now the market situation is not very good.

Worrying is normal, but if it's too big it's not the nature of a holder. Never be a holder if you are worried that you are too big and make you uneasy. It will only torture you.
A holder must always be calm. Even though today there is a lot of bad news that attacks the trading platform. Not on coin products or theft. It seems like after the FTX case and more people are making bad news about other exchanges.
The last thing I read on Twitter was someone telling me to withdraw all the money in Binanace. After the news made things worse, they certainly tempted the Holders to move into save assets.

[ShowOff]

Worrying is normal, but if it's too big it's not the nature of a holder. Never be a holder if you are worried that you are too big and make you uneasy. It will only torture you.

Traders and holders must have a difference, I mean traders may need to monitor market volatility to find the best times to sell and buy. Instead, holders only need to wait for their set price target to be reached before converting their profits. Traders or holders can worry about prices, good and bad prospects or anything that could affect the assets they own. But if they are holders, it's best to stay away from the market.

So far I don't really care about price movements, I'm not a trader but tend to invest a few dollars in the long term. Obviously ignoring market conditions "price volatility" has been a good thing for me as I don't think a small correction or jump will make a big difference. Stay calm, that is the best advice for holders but they need to stay updated on the development of the market situation.

[Hamphser]

If someone is worried about the market condition after holding then he can have a lot of trouble. And if he doesn't worry about the bad condition of the market if he can keep his mind strong then I don't think he will have any problem.  But now the market situation is not very good.

Worrying is normal, but if it's too big it's not the nature of a holder. Never be a holder if you are worried that you are too big and make you uneasy. It will only torture you.
A holder must always be calm. Even though today there is a lot of bad news that attacks the trading platform. Not on coin products or theft. It seems like after the FTX case and more people are making bad news about other exchanges.
The last thing I read on Twitter was someone telling me to withdraw all the money in Binanace. After the news made things worse, they certainly tempted the Holders to move into save assets.

Its normal since we are just humans but you shouldnt really make yourself go into that extent on where you are already changing up your investment decisions just because you had panic out.

Patience isnt something that all does posses, we do have that different level or extent on which not all could able to hold up that long.Patience could give out that positive result
but since nothing is assured when it comes to future aspect or perspective then there's no way that you do make yourself that  be numb on whatever situations that you might into.
Do make out actions according into your own knowledge and  skills or awareness on how this market behaves.Patience is not a gift but rather a common behavior or quality on a certain person has,
it is really just depending on how we would be using it.Some might able to hold that long and some cant really just afford on doing so.

[mich]

Patience is absolutely a gift to holding on to your Bitcoin, now that is a very bold and true statement. Investing in general should only be taken by knowledgeable cryptocurrency investors. You are not going to get rich overnight.
Investing itself specially in Bitcoin is like going on “Mr.  Toad’s Wild Ride”, you've got the ups and downs. The price itself is somewhat a thrill experience, you are in for excitement when the price sores to sobbing when the price drops. 
Understanding the value of what it is for the future is what derives those holding on to every single Bitcoin that one has.

[Inspiron14]

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.

If someone is worried about the market condition after holding then he can have a lot of trouble. And if he doesn't worry about the bad condition of the market if he can keep his mind strong then I don't think he will have any problem.  But now the market situation is not very good.

Worrying is a normal thing, but if it's excessive, of course it will be a problem because it's not impossible that we will make the wrong decision.
market conditions are still unstable and I think we need to be patient,
hope that in 2023 the market will improve

[TalkativeCoin]

I think it is important for investors to carefully consider their options and to always be prepared for potential fluctuations in value, and invest with what they can set aside. This is at least how I prepare myself mentally for the long run and it eliminates a whole bunch of worrying.

[iv4n]

A huge majority of the time the reasons why people can't hold consistently is either the lack of conviction(hence knowledge) concerning the asset being held, being overly-exposed to the asset, or both.

I agree with you, and doubt about what is being held grows with the arrival of difficult days. And those who overexposed themselves and did not expect that the value of their asset could go down significantly are particularly vulnerable.

Well, it's not easy and simple to hold as it seems.

[Rana590]

I think it is important for investors to carefully consider their options and to always be prepared for potential fluctuations in value, and invest with what they can set aside. This is at least how I prepare myself mentally for the long run and it eliminates a whole bunch of worrying.

Actually it is not possible to control the crypto market. Crypto whale plays a big role here and small investors suffer more. It is true that we have to invest in different portion in different projects. We have to set our mind that we will be able to hold until get profited. After all profit and loss both are part of this sector.

[Fatunad]

I think it is important for investors to carefully consider their options and to always be prepared for potential fluctuations in value, and invest with what they can set aside. This is at least how I prepare myself mentally for the long run and it eliminates a whole bunch of worrying.

Actually it is not possible to control the crypto market. Crypto whale plays a big role here and small investors suffer more. It is true that we have to invest in different portion in different projects. We have to set our mind that we will be able to hold until get profited. After all profit and loss both are part of this sector.

There's no way on controlling this decentralized market although we know that whales,institutions and other huge things could really give out some significant impact in towards crypto prices.
If you've been here on this market for some couple of years then these current movements arent something that you would really be shocked upon. Its whether you do make
yourself being a holder or making yourself as an active trader or investor.It does really vary on how much you could able to withstand this uncertain market where
its movement is really that totally random and there's no way on knowing on what would comes next.

[boyptc]

Actually it is not possible to control the crypto market. Crypto whale plays a big role here and small investors suffer more. It is true that we have to invest in different portion in different projects. We have to set our mind that we will be able to hold until get profited. After all profit and loss both are part of this sector.

It's impossible to get yourself control the market and that's why if whales can't too, they're doing something else and that's to move the market through the media.

If you're overreactive with whatever they do and publish through news, you'll get caught and that's a problem that you have to think about.

There is no need to panic because the whales mostly taking the sold bitcoins and other good altcoins for them when panic has been shown by the public.

[jaberwock]

Patience is absolutely a gift to holding on to your Bitcoin, now that is a very bold and true statement. Investing in general should only be taken by knowledgeable cryptocurrency investors. You are not going to get rich overnight.
Investing itself specially in Bitcoin is like going on “Mr.  Toad’s Wild Ride”, you've got the ups and downs. The price itself is somewhat a thrill experience, you are in for excitement when the price sores to sobbing when the price drops. 
Understanding the value of what it is for the future is what derives those holding on to every single Bitcoin that one has.

When you say investing in general, that means all types of investment and not only crypto. Not all that who engage in investing are knowledgeable by default but they still can learn and improve. This is why it is called investing because it can take for a long time for our assets to bear profits.

There is no such thing as getting rich overnight here not even for a pump and dump coins. You can earn quickly on them but their risks are also above the roof so they aren't recommended for all. When we invest we shouldn't focus on the value alone or the price but we need to focus on their inner value or technology. Bitcoin is one of those who are truly valuable so people should hold on it tightly.

[Anguwa]

I actually agree with you OP, it is always very difficult to hold for small investors, they are always looking at the money they invested especially if it is a large sum of money for the first time, unlike large scale investors who will just buy and forget the wallet until it needs comes. Poor investors who have few other sources of income are unable to do this; instead, they check their wallets almost daily to see if their balance has increased or decreased. You have a wonderful gift if you can actually hold.

[Hypnosis00]

I actually agree with you OP, it is always very difficult to hold for small investors, they are always looking at the money they invested especially if it is a large sum of money for the first time, unlike large scale investors who will just buy and forget the wallet until it needs comes. Poor investors who have few other sources of income are unable to do this; instead, they check their wallets almost daily to see if their balance has increased or decreased. You have a wonderful gift if you can actually hold.

Those who always think about earning a profit easily will end up like being desperate which leads to selling their coins at a cheap price.
I understand how these small investors are trying to reach but this seems impossible knowing that crypto investment never gives us instant return. That is why need to learn how to hold, keep ourselves in a calm state, and most of all, learn to understand the nature of the market as it never works according to our plan. If we can't manage to hold, it is best not to invest here otherwise, we suffered the most - losses and stress

[LUCKMCFLY]

Holding is very easy if you know what you're holding, what are their capabilities in the long run, and especially their worth. However, there might be some scenarios that could happen while waiting, like for example an emergency, where you need a large amount of money therefore you'll be force to sell your bitcoin and convert it in your local currency to assess the situation, or might be anything that is urgent.

That's why I always invest my fiat on cryptocurrency 60:40, I never forget to hold some extra fiat for my needs and just in case there would be an emergency. I don't wanna ruin the profit that I could make in the long run, so I always plan ahead.

You make every effort not to reduce your investment assets as much as possible before the plan you make is achieved. that's good, and saving fiat is also important for savings that we can use in an emergency situation. and it will not change the investment planning that we do.
when investing in Bitcoin, then our thinking must be for the long term. and it will not let us down. but some people do not keep fiat or run out of fiat for their needs. of course there is no other option to sell under any circumstances. nothing to be sorry about.

Well, it is always difficult when an investment is made in crypto and review its value in Fiat, when we see and have Bitcoin and we see that the price can continue to fall, many things can happen, first of all a person who has in mind that the price will rise Don't worry, but not everyone thinks like that, patience here is something that can be given as a great gift, but if you have the certainty that bitcoin will rise in price, if you have that conviction, it is very likely that you are a very investor. Successful, while there is so much to wait, knowing how to take advantage of the fact that the price falls more will be the best thing to buy, and if that is understood, I think that it can give a great surprise.

[Fatunad]

Holding is very easy if you know what you're holding, what are their capabilities in the long run, and especially their worth. However, there might be some scenarios that could happen while waiting, like for example an emergency, where you need a large amount of money therefore you'll be force to sell your bitcoin and convert it in your local currency to assess the situation, or might be anything that is urgent.

That's why I always invest my fiat on cryptocurrency 60:40, I never forget to hold some extra fiat for my needs and just in case there would be an emergency. I don't wanna ruin the profit that I could make in the long run, so I always plan ahead.

You make every effort not to reduce your investment assets as much as possible before the plan you make is achieved. that's good, and saving fiat is also important for savings that we can use in an emergency situation. and it will not change the investment planning that we do.
when investing in Bitcoin, then our thinking must be for the long term. and it will not let us down. but some people do not keep fiat or run out of fiat for their needs. of course there is no other option to sell under any circumstances. nothing to be sorry about.

Well, it is always difficult when an investment is made in crypto and review its value in Fiat, when we see and have Bitcoin and we see that the price can continue to fall, many things can happen, first of all a person who has in mind that the price will rise Don't worry, but not everyone thinks like that, patience here is something that can be given as a great gift, but if you have the certainty that bitcoin will rise in price, if you have that conviction, it is very likely that you are a very investor. Successful, while there is so much to wait, knowing how to take advantage of the fact that the price falls more will be the best thing to buy, and if that is understood, I think that it can give a great surprise.

There are lots of what if's in someones mind on situation like this.

What if it would reach out even higher?
What if this would be the peak?
What if the price would crash afterwards?

If you are a long term holder then you would really be mainly thinking or boggling up your mind that it wont really be that
bad to make some sell off and this is where case to case basis that do happens.

[TalkativeCoin]

It's a gift for any kind of doing, not just crypto, although especially for it 

[Sterbens]

I actually agree with you OP, it is always very difficult to hold for small investors, they are always looking at the money they invested especially if it is a large sum of money for the first time, unlike large scale investors who will just buy and forget the wallet until it needs comes. Poor investors who have few other sources of income are unable to do this; instead, they check their wallets almost daily to see if their balance has increased or decreased. You have a wonderful gift if you can actually hold.

This is a habit that shouldn't be done, yes, checking every day how much money is in the portfolio allows us to always want to quickly withdraw profits if our portfolio increases, or conversely we want to sell quickly when there is a decline because we are afraid of a deeper decline. But things like this will be very difficult to direct, except by ourselves. The mentality that speaks here, because one of the factors why we often see portfolios is none other than because we are not ready to hold on for a very long time.

[Hamphser]

I actually agree with you OP, it is always very difficult to hold for small investors, they are always looking at the money they invested especially if it is a large sum of money for the first time, unlike large scale investors who will just buy and forget the wallet until it needs comes. Poor investors who have few other sources of income are unable to do this; instead, they check their wallets almost daily to see if their balance has increased or decreased. You have a wonderful gift if you can actually hold.

This is a habit that shouldn't be done, yes, checking every day how much money is in the portfolio allows us to always want to quickly withdraw profits if our portfolio increases, or conversely we want to sell quickly when there is a decline because we are afraid of a deeper decline. But things like this will be very difficult to direct, except by ourselves. The mentality that speaks here, because one of the factors why we often see portfolios is none other than because we are not ready to hold on for a very long time.

Im guilty with this on which there is really the time that i do always check out the price every now and then on which i have told to myself that i would really be accumulating or holding for long term on which it is

really that just right that you shouldnt really check out the price very often because this would really trigger out that kind of emotion and thinking which you might make out some early sell or cut loss
specially on the time if its declining or making up some sell when it is really increasing a little bit which it do really remove the real essence if you are really that tending to hold.
This is why it would really be that ideal that you should really not check the prices every now and then and its true that this do really boils up on someones control and discipline because if you
do lack off with these things then pretty sure that you would really be seeing or finding it hard.