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Author Topic: The patience to hold is a gift  (Read 1600 times)
Sterbens
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December 29, 2022, 03:27:40 PM
 #121

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.
Hopefully you can get rid of this habit slowly, because it will affect our behavior towards the assets we are holding. If we are investors who are ready to hold for a long time, this is actually an easy thing to do, except as I said before, we are investors who don't intend to hold for a long time, surely we will do it every day or even every day. time to see the contents of our portfolio.
To avoid this kind of thing, we can do it by looking for activities that will forget the assets we hold, or in other words, looking for activities that will keep us busy so we don't have time to do it.

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Cyber_Alien
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December 29, 2022, 03:39:16 PM
 #122

One of the most important aspects of holding Bitcoin is patience; if you are patient, you will undoubtedly reap the benefits of Bitcoin. As a new Bitcoin investor, you should learn about its volatility before investing. You should only invest money that you know you can afford to lose if something goes wrong, and you should buy when the time is right and sell when you know you have enough profit from your investment.
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December 29, 2022, 05:45:00 PM
 #123

It's a gift for any kind of doing, not just crypto, although especially for it  Grin
This is true. Like for example when we work out (go to the gym). We shouldn't rush to see the results because it won't just come out after a week or two but it takes several months. This why many got bored and quit on what they are doing because they lack of patience. Same with cryptos.

It's not something that can make us a millionaire overnight but it can take years or even decades because the adoption is not at its highest yet. Until now there are still lots of countries or people who are not yet on them but they will soon discover and get involved with it. It might be true that patience is a gift but if you are not blessed to be given by it then it is still/also possible to learn it.

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December 29, 2022, 09:40:12 PM
 #124

One of the most important aspects of holding Bitcoin is patience; if you are patient, you will undoubtedly reap the benefits of Bitcoin.
Corecct, if you have that strong will and patience the chance to earn is always with you, bitcoin can surprise you any time.
Quote
As a new Bitcoin investor, you should learn about its volatility before investing.
If you understand volatility, you can simply adjust and you will not struggle when there's movement that unexpected, instead
you will just wait and hold.
Quote
You should only invest money that you know you can afford to lose if something goes wrong, and you should buy when the time is right and sell when you know you have enough profit from your investment.
Using the money that you can afford to lose helps not to panic, you will wait knowing that there's always a chance of bounce
back and you will harvest the rewards if you wait or if you add more during the bear season.

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December 29, 2022, 09:56:04 PM
 #125

It's not something that can make us a millionaire overnight but it can take years or even decades because the adoption is not at its highest yet. Until now there are still lots of countries or people who are not yet on them but they will soon discover and get involved with it. It might be true that patience is a gift but if you are not blessed to be given by it then it is still/also possible to learn it.
In reality, the majority are impatient people. In fact, we can take a picture of our family and you will see that many are rushing to reach their goal.
This behavior can't be inherent to others but it can be influenced by a person who has a deep understanding of success. Because reaching our goal needs patience and ample time plus hard work. That is not to wonder why many people lose their hopes and fail because they are not doing the thing they are supposed to do (patience) as they likely it happen instant.

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December 29, 2022, 10:04:04 PM
 #126

In this scenario, i think any one that call it's self investors supposed to know that it's supposed to buy and store now that Bitcoin is having challenges in the market, so i believe that should sometimes we will consider that Long term investment is the thing that gives profit in cryptocurrency investment, but some people doesn't know that such is in existence. Holding a coin for long time is matter of endurance and patience, and many people has become a billionaire because of the risk taking to hold coins with patients in long term
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December 30, 2022, 09:49:49 PM
 #127

In this scenario, i think any one that call it's self investors supposed to know that it's supposed to buy and store now that Bitcoin is having challenges in the market, so i believe that should sometimes we will consider that Long term investment is the thing that gives profit in cryptocurrency investment, but some people doesn't know that such is in existence. Holding a coin for long time is matter of endurance and patience, and many people has become a billionaire because of the risk taking to hold coins with patients in long term
Holding is the bold step that traders triggered in other to get long profits in the space. Investors and traders are not reluctant in their actions as the experience ones tend to adapt to the pattern of holding, they execute long time to understand the market and how it operates. Holding is not meant for all traders, however forbearance is been put into action. Risk is involved in everything concerning the market and the true fact is, there's gain and loss, we should be able to accept when things go contrary to what we expect.

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December 30, 2022, 09:58:46 PM
 #128

In this scenario, i think any one that call it's self investors supposed to know that it's supposed to buy and store now that Bitcoin is having challenges in the market, so i believe that should sometimes we will consider that Long term investment is the thing that gives profit in cryptocurrency investment, but some people doesn't know that such is in existence. Holding a coin for long time is matter of endurance and patience, and many people has become a billionaire because of the risk taking to hold coins with patients in long term

If we are into playing safe, Holding is the best thing to do especially during the bear season. But we can't say it was the most profitable strategy as we also consider what coin we are holding. Maybe if that is Bitcoin and ETH it is definitely not impossible but if are just holding shitcoins and hype coins, we can never expect from them.
As we are here in crypto, I think we need to learn how to extend our patience because not all the time the market is good. Sometimes we got under pressure but we need to stay focused and do what is best.

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Fatunad
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December 30, 2022, 10:19:12 PM
 #129

In this scenario, i think any one that call it's self investors supposed to know that it's supposed to buy and store now that Bitcoin is having challenges in the market, so i believe that should sometimes we will consider that Long term investment is the thing that gives profit in cryptocurrency investment, but some people doesn't know that such is in existence. Holding a coin for long time is matter of endurance and patience, and many people has become a billionaire because of the risk taking to hold coins with patients in long term

If we are into playing safe, Holding is the best thing to do especially during the bear season. But we can't say it was the most profitable strategy as we also consider what coin we are holding. Maybe if that is Bitcoin and ETH it is definitely not impossible but if are just holding shitcoins and hype coins, we can never expect from them.
As we are here in crypto, I think we need to learn how to extend our patience because not all the time the market is good. Sometimes we got under pressure but we need to stay focused and do what is best.

Even holding doesnt guarantee 100% safe investment strategy although the risk would really be that minimal compared when you are really making active engagement when it comes to trading.
There are people who cant really just bare up with the risk which is something not that surprising.Even myself do consider on holding because im not really that much interested nor really that
afraid when it comes to certain risk.You cant really just make yourself that too confident on things which you dont actually have no idea on what you would gonna do.
Its up to your choice which path you would gonna take.

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January 30, 2023, 09:19:43 AM
 #130

In this scenario, i think any one that call it's self investors supposed to know that it's supposed to buy and store now that Bitcoin is having challenges in the market, so i believe that should sometimes we will consider that Long term investment is the thing that gives profit in cryptocurrency investment, but some people doesn't know that such is in existence. Holding a coin for long time is matter of endurance and patience, and many people has become a billionaire because of the risk taking to hold coins with patients in long term

If we are into playing safe, Holding is the best thing to do especially during the bear season. But we can't say it was the most profitable strategy as we also consider what coin we are holding. Maybe if that is Bitcoin and ETH it is definitely not impossible but if are just holding shitcoins and hype coins, we can never expect from them.
As we are here in crypto, I think we need to learn how to extend our patience because not all the time the market is good. Sometimes we got under pressure but we need to stay focused and do what is best.

Even holding doesnt guarantee 100% safe investment strategy although the risk would really be that minimal compared when you are really making active engagement when it comes to trading.
There are people who cant really just bare up with the risk which is something not that surprising.Even myself do consider on holding because im not really that much interested nor really that
afraid when it comes to certain risk.You cant really just make yourself that too confident on things which you dont actually have no idea on what you would gonna do.
Its up to your choice which path you would gonna take.
it has been proven to buy and hold for a long time, which can be used as a guide from several halving periods, but many are unable and willing to be patient for that. why not be prepared to be patient ? there are many problems because of this problem, but if those who do have sufficient and somewhat more funds, certainly can afford to be patient to continue to endure. but not for those who really need to be able to continue trading, because the capital must be rotated continuously.

agree that if you really want to hold on for a long time for coins that do have proven prospects such as bitcoin and ethereum, of course they can be very reliable. but if you hold other coins, of course you need to consider if you want to hold on for a long time, because these coins may not be on the market for the foreseeable future.
it is indeed more convincing to determine coins that are actually ranked in the top 10 only, if you really have to do it and don't try anything else

I believe that the long-hold strategy is indeed the safest and most reliable course of action for only the best ranked coins.
agree, everything is ultimately returned to each individual to determine everything because the one who will experience it is yourself.

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January 30, 2023, 03:48:16 PM
 #131

  First of all, the arrival of the bull run does not mean that you will make a lot of money, it is not like that. You do have bitcoin that you bought today, are you holding the full amount of bitcoin holdings? because even if the Bullrun comes if you only hold a little bit of bitcoin let's say 0.01btc entering the bull run, this value will not make you rich, but at least you will earn.

And no one knows when the bull season will start because it is unpredictable, but most people are sure of one thing and that is that bitcoin will increase in value which most people do not expect. And a lot of people rely on Bitcoin this is the reality here in this industry.

so holding bitcoin is not a gift but a choice if you can do it, this is just from my own perspective and understand



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January 30, 2023, 03:48:41 PM
 #132

hi
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January 30, 2023, 04:16:57 PM
 #133

I believe that the long-hold strategy is indeed the safest and most reliable course of action for only the best ranked coins.
agree, everything is ultimately returned to each individual to determine everything because the one who will experience it is yourself.
With my experience in the market by just being a holder, it's worth it and even if it's for a while, I've made decent profits from it. As you have mentioned about long term holding is the safest, I agree on that.
Those that want to become rich quickly, they invest and choose those projects that they think will pump in no time and then they'll just get out of it as soon as possible.

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January 30, 2023, 06:19:46 PM
 #134

I believe that the long-hold strategy is indeed the safest and most reliable course of action for only the best ranked coins.
agree, everything is ultimately returned to each individual to determine everything because the one who will experience it is yourself.
With my experience in the market by just being a holder, it's worth it and even if it's for a while, I've made decent profits from it. As you have mentioned about long term holding is the safest, I agree on that.
Those that want to become rich quickly, they invest and choose those projects that they think will pump in no time and then they'll just get out of it as soon as possible.
That's right mate, you really have to always prioritize if you really want to get more than what you usually do, if you don't have a priority scale, you will be stuck with routines, which may result in you not being able to get more than what you want.

The desire to get rich quickly, as you said, is indeed one of the priority scales that must be carried out and it requires patience, accuracy, in analyzing so that it can be tested, so that you don't make the wrong investment decisions which can pump in a short time and be profitable and come out right away.

but sometimes greed can also cloud everything that has been predicted beforehand but cannot go well, because it doesn't come out as quickly as possible but hopes to get more profit which actually makes the situation not in accordance with its main purpose.

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January 30, 2023, 07:40:14 PM
 #135


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.

you are absolutely correct and the things you said are things I've experienced myself, I actually lost out completely on 2020/2021 bull run because some serious issues came up which required good amount of money to solve, I had no choice but to sell off most of my crypto holdings , and this happened just about 2 months before the bull run began, I could not make any money, I lost completely, I sold all my bitcoins and other cryptos at a loss just before the bull run, while the entire market was rallying up, I was just watching while counting my loses which was adding every seconds, this was one of my worst times in crypto, never in my life have I felt as bad as i felt those period..

And about recommending newbies to buy bitcoin, I must agree with you that its risky, its something one must apply wisdom when doing, else, you just gonna make a lot of enemies off friends you only intended to help.

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January 30, 2023, 07:55:30 PM
 #136

I believe that the long-hold strategy is indeed the safest and most reliable course of action for only the best ranked coins.
agree, everything is ultimately returned to each individual to determine everything because the one who will experience it is yourself.
With my experience in the market by just being a holder, it's worth it and even if it's for a while, I've made decent profits from it. As you have mentioned about long term holding is the safest, I agree on that.
Those that want to become rich quickly, they invest and choose those projects that they think will pump in no time and then they'll just get out of it as soon as possible.
Worth it for those people who doesnt really like to involved the risk on dealing with volatility on which they do rather keep themselves into their position and would really be just waiting for the right time for the price to pump up but there are people who arent really that confident when it comes to longevity on when they would be able to make profits or money and this is why they would really be tending to deal up with the price
upfront and would love to play volatility which they would prefer on trading or whatever things that they would be doing.Its true that not all are really that good when it comes to holding their assets
specially for long time on which there's no way that you could really be able to resist if you dont have that self control.

R


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January 30, 2023, 09:07:08 PM
 #137

you really have to always prioritize if you really want to get more than what you usually do, if you don't have a priority scale, you will be stuck with routines, which may result in you not being able to get more than what you want.

The desire to get rich quickly, as you said, is indeed one of the priority scales that must be carried out and it requires patience, accuracy, in analyzing so that it can be tested, so that you don't make the wrong investment decisions which can pump in a short time and be profitable and come out right away.

but sometimes greed can also cloud everything that has been predicted beforehand but cannot go well, because it doesn't come out as quickly as possible but hopes to get more profit which actually makes the situation not in accordance with its main purpose.
The desire to get rich quickly is not just a futile and loss bearing greedy feeling, but it is also an unrealistic one. I mean if anyone sits down even for 15 seconds and asks themselves "if it was easy to get rich quick, in any way or shape or form, would I be the one who discovered it for the first time ever?" and they will understand why so many people are poor, because getting rich quickly doesn't exist.

But you could get rich, not quickly but still get rich, how? Well, simply by holding. Do you imagine that if you invested all of your money into bitcoin today, in 20 years you won't be rich? I bet you would be, and that is what we need to do, and how we can get rich.

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January 30, 2023, 11:44:39 PM
 #138

you really have to always prioritize if you really want to get more than what you usually do, if you don't have a priority scale, you will be stuck with routines, which may result in you not being able to get more than what you want.

The desire to get rich quickly, as you said, is indeed one of the priority scales that must be carried out and it requires patience, accuracy, in analyzing so that it can be tested, so that you don't make the wrong investment decisions which can pump in a short time and be profitable and come out right away.

but sometimes greed can also cloud everything that has been predicted beforehand but cannot go well, because it doesn't come out as quickly as possible but hopes to get more profit which actually makes the situation not in accordance with its main purpose.
The desire to get rich quickly is not just a futile and loss bearing greedy feeling, but it is also an unrealistic one. I mean if anyone sits down even for 15 seconds and asks themselves "if it was easy to get rich quick, in any way or shape or form, would I be the one who discovered it for the first time ever?" and they will understand why so many people are poor, because getting rich quickly doesn't exist.

But you could get rich, not quickly but still get rich, how? Well, simply by holding. Do you imagine that if you invested all of your money into bitcoin today, in 20 years you won't be rich? I bet you would be, and that is what we need to do, and how we can get rich.
They are totally forgot on how things work in trading especially ... there is huge return indeed but a lot of risk in it as well. Having such way to think might save you from a huge loss and mislead you from a deep hole of dreamy crazy rich overnight , that's almost impossible.

I said almost , so yeah you could become rich overnight in trading crypto in very special condition which only few percentage.

.
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January 31, 2023, 04:31:10 AM
 #139

I believe that the long-hold strategy is indeed the safest and most reliable course of action for only the best ranked coins.
agree, everything is ultimately returned to each individual to determine everything because the one who will experience it is yourself.
With my experience in the market by just being a holder, it's worth it and even if it's for a while, I've made decent profits from it. As you have mentioned about long term holding is the safest, I agree on that.
Those that want to become rich quickly, they invest and choose those projects that they think will pump in no time and then they'll just get out of it as soon as possible.
Worth it for those people who doesnt really like to involved the risk on dealing with volatility on which they do rather keep themselves into their position and would really be just waiting for the right time for the price to pump up but there are people who arent really that confident when it comes to longevity on when they would be able to make profits or money and this is why they would really be tending to deal up with the price
upfront and would love to play volatility which they would prefer on trading or whatever things that they would be doing.Its true that not all are really that good when it comes to holding their assets
specially for long time on which there's no way that you could really be able to resist if you dont have that self control.

If they are always monitoring their assets, it will be tough to control their emotions. Fear and greed are the common mistakes when
you are inside this industry, it's really a good skill if you know how to control your emotions.

Holding for long-term is something that a trader needs to be established, a gift, yes, because not all
are capable and it's really need to have a good control with your own decision making.
martyns
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January 31, 2023, 06:03:45 AM
 #140

Hold can either get one's account loaded with profits or liquidated with reference to the project been invested on. Patience is the key factor of becoming financially stable in the market. Holding a coin for a long period of time and getting good profits as rewards at the end of the bull road maps for the projects is only earnable with patience. There are varieties of projects in the space, some are meant for short term while some are long term  for holding, the main target is to be patient with the project, until it makes it's bull run up.
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