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Author Topic: The patience to hold is a gift  (Read 1649 times)
GreenStox
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March 14, 2023, 04:13:47 PM
 #181


if the coin or altcoin is as trusted as bitcoin, ethereum or BNB, then there is no worry about holding it in the long term, but if the altcoin is new and you have done research according to personal analysis, then it is better for the short term, considering that new altcoins seem very easy to be manipulated, so that if we don't take advantage immediately, we are afraid that the project will actually experience a setback and we will lose capital, so even waiting for a long time seems meaningless

maybe true but everyone also has a different mentality, someone may be able to calmly see their portfolio minus 50%, but not for others, that's why I say that.
even if they hold top coin like btc,eth,bnb, if they see their money decrease they will start to panic.


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March 14, 2023, 06:24:15 PM
 #182

maybe those who understand say keeping money in the bank years is worse and better to keep it in bitcoin, but for those who don't understand it's hard and they don't believe it. believe me I've told my friend and he said it's impossible.

Why would anyone keep money in banks with such sort of mentality? Any institution that provides banking services is only there to protect itself; there is nothing in it for the people who invest their money. For this reason, bitcoin is the best asset to invest in. It might take years, but holding on to your money will eventually pay off, and you should never panic to sell when there is bad news. Some people have regretted this decision because they sold their coin and it later grew in value. Bitcoin and perhaps other good cryptocurrencies are the safest places to store your money ever.
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March 14, 2023, 06:54:04 PM
 #183


if the coin or altcoin is as trusted as bitcoin, ethereum or BNB, then there is no worry about holding it in the long term, but if the altcoin is new and you have done research according to personal analysis, then it is better for the short term, considering that new altcoins seem very easy to be manipulated, so that if we don't take advantage immediately, we are afraid that the project will actually experience a setback and we will lose capital, so even waiting for a long time seems meaningless

maybe true but everyone also has a different mentality, someone may be able to calmly see their portfolio minus 50%, but not for others, that's why I say that.
even if they hold top coin like btc,eth,bnb, if they see their money decrease they will start to panic.


I do see holding as a challenge we need to overcome or else we might become a loser. The market will always want to confuse us or make us do that we don't have intention of doing that is why we always need to follow our predictions about the market so that nothing will make us to be scared of the next direction the market want to go. Holding is something we need to learn so that we can reap our fruit or being patient. It is never easy to hold but the strong who are able to withstand the turbulence of the market with surely be happy when the market finally goes to the bullish direction.

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March 14, 2023, 11:13:36 PM
 #184


if the coin or altcoin is as trusted as bitcoin, ethereum or BNB, then there is no worry about holding it in the long term, but if the altcoin is new and you have done research according to personal analysis, then it is better for the short term, considering that new altcoins seem very easy to be manipulated, so that if we don't take advantage immediately, we are afraid that the project will actually experience a setback and we will lose capital, so even waiting for a long time seems meaningless

maybe true but everyone also has a different mentality, someone may be able to calmly see their portfolio minus 50%, but not for others, that's why I say that.
even if they hold top coin like btc,eth,bnb, if they see their money decrease they will start to panic.


I do see holding as a challenge we need to overcome or else we might become a loser. The market will always want to confuse us or make us do that we don't have intention of doing that is why we always need to follow our predictions about the market so that nothing will make us to be scared of the next direction the market want to go. Holding is something we need to learn so that we can reap our fruit or being patient. It is never easy to hold but the strong who are able to withstand the turbulence of the market with surely be happy when the market finally goes to the bullish direction.
It is true that holding cryptocurrency is a big challenge but if you can invest in the right place then at the end of the day profit will be achieved. And those who fail to make the right choice for holding will be losers by holding. Especially those who invest in alt coins and hold, they face these issues more. But with a little effort, those who will hold bitcoin coins will see that one day they will be good gainers.

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March 14, 2023, 11:30:28 PM
 #185

@OP This isn't the case with everyone because let's say those who held after buying from $65k and are still holding are the ones who call themselves to be stupid because they bought in the top. However, if we speak about people who got in earlier and let's say the ones who bought when we didn't even touch $10k are truly the ones who's got the balls to hold crypto like never before. It's never been easy to hodl anything because any person in this world needs money at some point of time where emergency takes place and that's when they take out these investments and sell them.

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March 16, 2023, 08:03:33 PM
 #186

maybe those who understand say keeping money in the bank years is worse and better to keep it in bitcoin, but for those who don't understand it's hard and they don't believe it. believe me I've told my friend and he said it's impossible.
It must be remembered that banking has been around for a long time and has become a part of the life of the majority of people who have used it to store and allocate money so far. so it's not easy and you can't change that behavior to switch to bitcoin which may also be foreign to those who don't know. but of course not for those who already know about bitcoin thoroughly, it is certain that those who already understand will prefer bitcoin. because the value of the profit is very large compared to banking in general, only adjustments will be able to make them understand.

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March 16, 2023, 08:53:56 PM
 #187

maybe those who understand say keeping money in the bank years is worse and better to keep it in bitcoin, but for those who don't understand it's hard and they don't believe it. believe me I've told my friend and he said it's impossible.
It must be remembered that banking has been around for a long time and has become a part of the life of the majority of people who have used it to store and allocate money so far. so it's not easy and you can't change that behavior to switch to bitcoin which may also be foreign to those who don't know. but of course not for those who already know about bitcoin thoroughly, it is certain that those who already understand will prefer bitcoin. because the value of the profit is very large compared to banking in general, only adjustments will be able to make them understand.
Why would really be making yourself that struggle up on making choices if you could actually be able to use both? Its not necessarily for you to choose only one if we do speak about Bitcoin and Banking.

We do have our own wills on what are the things that we should really get involved in and we do know about the limitations.In speaking about holding, then we do really know that this isnt something
that anyone could be able to attain or achieve since each one of us does have that different level of patience on particular things.

Try to look into those who had been able to hold for a very long time specially with Bitcoin? They had been able to benefit it out but of course you should always set that selling point.

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March 17, 2023, 07:19:47 AM
 #188

For small and medium investors who start with a low amount, the potential ROI may not be significant in the short term. However, if they hold onto their investment for a longer period, there is a possibility that they may see significant returns if the price of Bitcoin or other cryptocurrencies increases over time.

Understanding the underlying risks attached to the asset in quoteis very important.

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March 17, 2023, 07:38:55 AM
 #189

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 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 patient as this will take years or more depending on your target price.

Yeah, that's true but one way to maintain holding for a long period is by distracting yourself,  just take your mind off the price of whatever coin you're holding that way you'll reduce the chances of you ever panicking because your attention has been drawn to another thing.

I am not sure if it will work for everyone but for me, that is what I do once I buy some button to add to my stash I just take my mind off it and concentrate on what step to take next in improving my investment strategy and that has been working for me.

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March 17, 2023, 07:47:16 AM
 #190

For small and medium investors who start with a low amount, the potential ROI may not be significant in the short term. However, if they hold onto their investment for a longer period, there is a possibility that they may see significant returns if the price of Bitcoin or other cryptocurrencies increases over time.

Understanding the underlying risks attached to the asset in quoteis very important.

I agree.

Not all coins except from the top coins and other big coins has the potential to be profitable in long term. Random altcoins that you're gonna buy because it's cheap and you can afford it doesn't mean it is worth to hold for the long run, most of the time, it will just make you regret holding shitcoins. Bitcoin however is a different topic, holding it for the long run after you bought it in a dip gives you confident that it will definitely gives you profit in the long run.

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March 17, 2023, 07:56:18 AM
 #191

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 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 patient as this will take years or more depending on your target price.

Yeah, that's true but one way to maintain holding for a long period is by distracting yourself,  just take your mind off the price of whatever coin you're holding that way you'll reduce the chances of you ever panicking because your attention has been drawn to another thing.

I am not sure if it will work for everyone but for me, that is what I do once I buy some button to add to my stash I just take my mind off it and concentrate on what step to take next in improving my investment strategy and that has been working for me.
this method is worth a try, where we don't often see the market so we don't pay too much attention to market movements. it's different if we often monitor the market, of course it will make us panic, whether it's floating minus or floating plus. Over time, if this is left unchecked, it will mess up our minds so that we take a path that is not in accordance with the original plan. moreover this often happens to new investors, who are not yet strong psychologically due to too often looking at the market

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March 17, 2023, 09:13:29 AM
 #192

Patience is a very good thing, but for how long.  Everything should have a limit, but when the limit is crossed, can one be patient?  This term has become very popular in cryptocurrency.If you look at Bitcoin it can be seen that it has been in the same position for almost 2 years.  Do you think two years of patience?  What is the use of patience if no result is obtained by patience?Everyone is now discouraged from being patient.  But there are some good coins in the market which are sustaining cryptocurrency, if we talk about altcoins, I am not sure about it altcoins need much time to rise and grow.But later it is seen that the altcoins are not able to be enabled.  I don't know what is going to happen in 2023.
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March 17, 2023, 10:27:51 AM
 #193

For small and medium investors who start with a low amount, the potential ROI may not be significant in the short term. However, if they hold onto their investment for a longer period, there is a possibility that they may see significant returns if the price of Bitcoin or other cryptocurrencies increases over time.

Understanding the underlying risks attached to the asset in quoteis very important.


Profit is always profit no matter how small your investment is. Those small or medium investors you mean is for sure it is still huge money we are talking into unless you are just an ordinary person that holds bitcoin worth $50 which still not relatively small but if you gain 100% profit then it would be $100 then where can you pick up those $ 50 profits with just holding? No matter how small or big it is only up the person if he/she is contented.
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March 18, 2023, 01:28:20 PM
 #194

Profit is always profit no matter how small your investment is. Those small or medium investors you mean is for sure it is still huge money we are talking into unless you are just an ordinary person that holds bitcoin worth $50 which still not relatively small but if you gain 100% profit then it would be $100 then where can you pick up those $ 50 profits with just holding? No matter how small or big it is only up the person if he/she is contented.

The smaller investment the bigger impact different commissions have on it. Sometimes asset is growing, but selling it and withdrawing will cost more than profit investor got. So a size in this case can matter. The same about bitcoin: for transferring a million a commission will be very low and for transferring a couple of bucks it will be rather high, and moreover if you have no option of spending it directly many exchanges have a minimal withdrawal amount, you'll have no option of withdrawing just a couple of bucks.

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March 18, 2023, 03:32:07 PM
 #195

I Know One Of Old Slogan Like This Old Is Gold So When You Are In Loss Than Your Need To Wait Patience And Wait Again Bounch Back Than You Take Your Profit.

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March 18, 2023, 05:28:50 PM
 #196

Patience is a very good thing, but for how long.  Everything should have a limit, but when the limit is crossed, can one be patient?  This term has become very popular in cryptocurrency.If you look at Bitcoin it can be seen that it has been in the same position for almost 2 years.  Do you think two years of patience?  What is the use of patience if no result is obtained by patience?Everyone is now discouraged from being patient.  But there are some good coins in the market which are sustaining cryptocurrency, if we talk about altcoins, I am not sure about it altcoins need much time to rise and grow.But later it is seen that the altcoins are not able to be enabled.  I don't know what is going to happen in 2023.
Altcoins are still very risky, going up and growing is also unpredictable. There will be many losses if the altcoin is not developed anymore. But the top altcoins are still the go-to.
Patience will indeed have a limit, but when you hold bitcoin you will have great hopes, depending on what price you will hold because you will definitely determine the main selling price. If it still doesn't reach the main price then there will be no sales even though for 2 years the price remains the same. Must have persistence in holding bitcoins, it will be a good capital, when the price has been reached there will be many benefits for you.
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March 18, 2023, 06:49:50 PM
 #197

The ROI methodology is very simple. If you have invested small amounts then you are not taking any risk and thus your returns would be small as well. On the other hand if you have invested heavily then your risk is highest and so as to your returns as well. That’s how it works. Considering we are in highly volatile market you can also add up that risk and multiply it to the above pre involved risks. With the time bitcoin will be upward trend picker due to its limited supply and everything but to achieve your ROI you have to be consistent with the holding process. Not only that, you must bring down the average cost of purchase to lowest end.
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March 18, 2023, 08:08:29 PM
 #198

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.
I know that patient is one of the things that makes long run investors to make profit, but profit making in cryptocurrency for long investors is dependable on the kind of coin you invested on, and the potentiality of the coin. Some good investors who makes research of coins do make profit for short term investment than long run investment, because some long run investment some of the altcoins that doesn't have a good potential do give off on the process, while some of short term investment the coins that lacks potential do bring up a profit. Sshall it depends.
if the coin or altcoin is as trusted as bitcoin, ethereum or BNB, then there is no worry about holding it in the long term, but if the altcoin is new and you have done research according to personal analysis, then it is better for the short term, considering that new altcoins seem very easy to be manipulated, so that if we don't take advantage immediately, we are afraid that the project will actually experience a setback and we will lose capital, so even waiting for a long time seems meaningless
When investing in a new altcoin during a bull run, that investment is often known as a risky investment. We know that there are more than 11000 alt coins in the coin market most of which are inactive. While many alt coins saw good trading volumes during the bull market, their existence suffered during the bear market. There are many alt coins that will never recover. So investment should be done carefully.
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March 18, 2023, 09:53:22 PM
 #199

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.
I know that patient is one of the things that makes long run investors to make profit, but profit making in cryptocurrency for long investors is dependable on the kind of coin you invested on, and the potentiality of the coin. Some good investors who makes research of coins do make profit for short term investment than long run investment, because some long run investment some of the altcoins that doesn't have a good potential do give off on the process, while some of short term investment the coins that lacks potential do bring up a profit. Sshall it depends.
if the coin or altcoin is as trusted as bitcoin, ethereum or BNB, then there is no worry about holding it in the long term, but if the altcoin is new and you have done research according to personal analysis, then it is better for the short term, considering that new altcoins seem very easy to be manipulated, so that if we don't take advantage immediately, we are afraid that the project will actually experience a setback and we will lose capital, so even waiting for a long time seems meaningless
Actually theirs no problem by holding ethereal and BNB and litecoin, the reason while maybe likely to hold the above mentioned coins is because they have potential in altcoins generation, but any other altcoin may lack potential during the long stay occurrence of bearish market, the main reason while like holding bitcoin  bitcoin it has more potential than any other coins and it survived bearish season frequently while some altcoins give off during the process or time of bearish market. I can't not point that people dislike altcoins, investors hold coin due to the result of their research basically on a coins in their list life span.


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March 21, 2023, 08:15:33 AM
 #200


if the coin or altcoin is as trusted as bitcoin, ethereum or BNB, then there is no worry about holding it in the long term, but if the altcoin is new and you have done research according to personal analysis, then it is better for the short term, considering that new altcoins seem very easy to be manipulated, so that if we don't take advantage immediately, we are afraid that the project will actually experience a setback and we will lose capital, so even waiting for a long time seems meaningless

maybe true but everyone also has a different mentality, someone may be able to calmly see their portfolio minus 50%, but not for others, that's why I say that.
even if they hold top coin like btc,eth,bnb, if they see their money decrease they will start to panic.



there is no peace for me if I have minus 50% of my assets, maybe I will cry all night bemoaning fate to wait until the period returns to 100% or even more, you will surely regret why not let go when the assets are reduced from the previous profit

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