The patience to hold is a gift

[Bollexz1]

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.

The question I ask anytime anybody approaches me about bitcoin/crypto investment I very simple and direct. I just ask them, how much are you willing to throw away into the air? Since investing in crypto requires patience, it's best to let them know they are throwing away money and when it finally pays, they should consider it a jackpot.

[Patrol69]

Not everyone has the same patience, many hold for a short time and many hold for a long time. But everyone should have a target that he will sell the coins if he gains this amount. If there was such a target, maybe many people would not have suffered so much. I have seen a lot of investors who get restless after investing and keep watching the market again and again and then go crazy selling the coins whenever the market goes down a bit. But my point is if I have to sell at a loss then why did I invest. My main objective of investing is to earn profit.

So I think there is no option to be patient after investing and we always know that the fruit of patience is always sweet.  So those who have the ability to invest for the long term should invest for the long term.

[irhact]

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? 

You should know that after a bull market, the market usually takes about 2-4 years to pump again or cross it's previous all time high so holding for two years should be the minimum you are meant to hold your Bitcoin if you want to be in the profiting side when the bull market returns. You aren't also supposed to have a timeframe of when you become impatient with Bitcoin.

If you're speaking about altcoins then I can say you should have a time limit since you never know what the fate of these coins are in the next bull market. They could be reigning now but what happens when they aren't getting the hype they use to get before. Have patience limit with altcoins but not Bitcoin.

[jokers10]

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

Working with ourselves' mood is very important. It is better to remember that you haven't lost anything until you sold your asset. If it is not a trash asset you still have it even if its charts show negative trends. Moreover you have the same amount of the same asset. It is not easy to assure ourselves is such things because they don't look like obvious, but we should, because otherwise health problems can cover the positive effect of investing. If it is still too painful maybe we should invest less so it becomes less important if the charts go down.

[Ahli38]

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

well, anyone might panic when they see that our assets are minus above -50%. but to decide to keep holding it or releasing it really depends on the type of coin we hold. it is important to do in-depth research or analysis before deciding to invest in a coin. but if it's bitcoin then maybe it'll be a little quieter to hold. but if it's a shitcoin then I think even a lot of shitcoins that don't go back up and become worthless the more we hold them. so that what is meant by holding firmly becomes a gift is only in coins with strong fundamentals such as Bitcoin, Ethereum and BNB. but when it comes to panic, it is a normal thing that is always there for everyone. but excessive panic is what needs to be avoided. and people who panic easily are because they enter a field that they don't recognize the potential for in the future. because people who know good potential in the future will be calmer and not panic easily.

[fauzan Ichsan]

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

Working with ourselves' mood is very important. It is better to remember that you haven't lost anything until you sold your asset. If it is not a trash asset you still have it even if its charts show negative trends. Moreover you have the same amount of the same asset. It is not easy to assure ourselves is such things because they don't look like obvious, but we should, because otherwise health problems can cover the positive effect of investing. If it is still too painful maybe we should invest less so it becomes less important if the charts go down.

right, if it's a valuable asset like bitcoin it might not be a problem if it's cold money used, but if it's a new altcoin for example then it will be hard to come back, but also we don't know what will happen next. panic like that makes many people fail in investing. therefore we must have confidence, even in a plus or minus situation in acting, and not regret our actions afterwards, whatever happens in the next market

[Mahanton]

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

Working with ourselves' mood is very important. It is better to remember that you haven't lost anything until you sold your asset. If it is not a trash asset you still have it even if its charts show negative trends. Moreover you have the same amount of the same asset. It is not easy to assure ourselves is such things because they don't look like obvious, but we should, because otherwise health problems can cover the positive effect of investing. If it is still too painful maybe we should invest less so it becomes less important if the charts go down.

right, if it's a valuable asset like bitcoin it might not be a problem if it's cold money used, but if it's a new altcoin for example then it will be hard to come back, but also we don't know what will happen next. panic like that makes many people fail in investing. therefore we must have confidence, even in a plus or minus situation in acting, and not regret our actions afterwards, whatever happens in the next market

Because of the total unpredictability and randomness of this market then it is really that hard to tell on what would happen into those coins that we've been holding.Some would really be skeptical on using it up and some wouldn't really care because they do treat it up as having no potential for future but we cant really be that 100% so sure if it would be a complete trash or would really be pumped up. Its true that patience does really play a great role when it comes to someones success but we know that it does really need up some mix of luck considering we dont know on which or what coins are actually that worth to be hold
up for long term.

[blockman]

right, if it's a valuable asset like bitcoin it might not be a problem if it's cold money used, but if it's a new altcoin for example then it will be hard to come back, but also we don't know what will happen next. panic like that makes many people fail in investing. therefore we must have confidence, even in a plus or minus situation in acting, and not regret our actions afterwards, whatever happens in the next market

If you've experienced the importance and result of holding, you'll say that no regret will happen because you've seen it once and many times and you want to see that happen again.
Holding isn't for everybody but if you're forced to do it, it will take time until you appreciate the essence of it because not everyone can afford to hold on to this volatile market.
Because we've got bills to pay and it happened to many holders that they have to sell their holdings so that they can pay their bills when they've got no other source for it to get paid.

[bettercrypto]

Patience to hold is not a gift instead it is a matter of choice. That's why we always have two options: Hold or Not, Buy or not, Earn or not. This is the only logic in the topic you made. Just like what you did, the topic I chose here is To respect you because that is your belief and point of view, Although we have different points of view, I opposed what you said with respect.

        That's why when the market falls, our emotions are mixed with panic and not, whether to sell or not, but if you know that you are a long-term holder you will stick to the word HOLD, but if you are a day trader or scalper you will sell for sure not to Hold, it's that simple.

[jokers10]

right, if it's a valuable asset like bitcoin it might not be a problem if it's cold money used, but if it's a new altcoin for example then it will be hard to come back, but also we don't know what will happen next. panic like that makes many people fail in investing. therefore we must have confidence, even in a plus or minus situation in acting, and not regret our actions afterwards, whatever happens in the next market

Oh, when we talk about newly backed altcoin it is really risky and we should follow the situation. And charts are not the main thing we should focus on: community activity, work of programmers, work of marketing team and multiple other parameters are important to make a decision of to hold or to sell as fast as possible. If an asset looks like prospective then it is good to hold: we can lose anyway, but if we diversify investments those ones which will succeed will give enough profit to cover losses. So learning about the projects we invest is most important to calmly hodl their tokens.

[alastantiger]

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.

Holding of bitcoin is a good thing but not an easy thing to do. Convincing someone or introducing someone to bitcoin may be easy but convincing the person to hold for a very long time might be difficult. I have introduced many people to bitcoin but not more than three of them accepted to invest and wait for the season of bull run to come. Most of the bitcoiner's today lost their money because of impatience, inability to hold their bitcoin for a long period.
I my self, when i started bitcoin investment, it was very hard for me to wait. There was a lot of temptation, discouragement from families and friends that my money will lost. Self descipline was what i applied to hold on for a longer period though i had some other businesses that generates incomd for me.
And today, am happy about my patience.

[jokers10]

...
I have introduced many people to bitcoin but not more than three of them accepted to invest and wait for the season of bull run to come.
...

And we respect everyone's choice: if people know about bitcoin and its benefits but still don't want to use it it's okay. All crypto including bitcoin stays risky anyway and many people lose because they don't understand that sometimes it is good just to hold and wait. So motivating people who can still lose is not our mission, we can just tell about bitcoin and why is it beneficial and how not to lose with it in general case, and the final choice is on them.

[Pamadar]

right, if it's a valuable asset like bitcoin it might not be a problem if it's cold money used, but if it's a new altcoin for example then it will be hard to come back, but also we don't know what will happen next. panic like that makes many people fail in investing. therefore we must have confidence, even in a plus or minus situation in acting, and not regret our actions afterwards, whatever happens in the next market

If you've experienced the importance and result of holding, you'll say that no regret will happen because you've seen it once and many times and you want to see that happen again.
Holding isn't for everybody but if you're forced to do it, it will take time until you appreciate the essence of it because not everyone can afford to hold on to this volatile market.
Because we've got bills to pay and it happened to many holders that they have to sell their holdings so that they can pay their bills when they've got no other source for it to get paid.

Yeah, there are things that affecting our decision to hold, but yes, if you already experienced, and the outcome is decent, then the chance that you'll love to duplicate that kind of outcome is possible.

But if you are not prepared and you don't have that experienced yet, the patient in holding might be
in big question, especially when the market is not favoring your position in your investment.

[blockman]

If you've experienced the importance and result of holding, you'll say that no regret will happen because you've seen it once and many times and you want to see that happen again.
Holding isn't for everybody but if you're forced to do it, it will take time until you appreciate the essence of it because not everyone can afford to hold on to this volatile market.
Because we've got bills to pay and it happened to many holders that they have to sell their holdings so that they can pay their bills when they've got no other source for it to get paid.

Yeah, there are things that affecting our decision to hold, but yes, if you already experienced, and the outcome is decent, then the chance that you'll love to duplicate that kind of outcome is possible.

But if you are not prepared and you don't have that experienced yet, the patient in holding might be
in big question, especially when the market is not favoring your position in your investment.

Holding will be the best strategy for those that haven't experienced defeat in the market. But what's good here is that you'll still be able to recover when you're just patient to hold. Until you sell, you're not yet defeated by the market so by means of trading, it's gonna be the reason for you to stay healthier and better on the market because you know what you're doing and the trust and confidence you've got in the market isn't going be in vain because you know that there is a direction of what you're doing and that direction will be in a good result eventually if you have mastered and used to being patient.

[Rigon]

If patience is a gift then surely I am one of the recipients of that gift. I held onto my investments for the past few years. I didn't give up on my investment even after the price of Bitcoin reached its highest point. I was so greedy then, seeing the Bitcoin market at $69,000, I thought it might go to $100,000 very soon. That's why I held it there without selling it. I have kept that investment till now.  Some times it is necessary to sell from here for important family work. But I have seen that human greed harms people the most. I have targeted till 2024 then I will not hold my investment. I will completely exit my investment if one of these is pumping.

[shinratensei_]

if you got other money to fill your basic needs and the other to invest, basically everything is sufficient to sustain your life, then you can get patience easily.
many that invests are didn't have the patience because they have some burden, even some taking loan for just investment which honestly foolish decision ever.
the key is as always, use money that you could spare, that you could afford to lose, in investment so that you're not gonna have hard time with your investments and your mind will be at ease.
after all the longer you hold, the more chance and opportunities will comes your way.

[jokers10]

If patience is a gift then surely I am one of the recipients of that gift. I held onto my investments for the past few years. I didn't give up on my investment even after the price of Bitcoin reached its highest point. I was so greedy then, seeing the Bitcoin market at $69,000, I thought it might go to $100,000 very soon. That's why I held it there without selling it. I have kept that investment till now.  Some times it is necessary to sell from here for important family work. But I have seen that human greed harms people the most. I have targeted till 2024 then I will not hold my investment. I will completely exit my investment if one of these is pumping.

And then what? If you don't spend your savings at the moment you'll need to invest them in something anyway. If you invest in fiat then you invest in inflationary asset that will become cheaper with nearly 100% guarantee. And if you want to spend it is usually good to get what you need when you have enough money for that as our life in this planet is  not eternal. I consider that holding at least part of savings I have no plans on in the nearest future in bitcoin is not a bad idea. Of course to diversify can be not a bad idea also. And if to hold in bitcoins it is good to have patience.

[LUCKMCFLY]

The truth for me is that putting up with it is and works only for Bitcoin, I dare not recommend an altcoin for now, because I consider it irresponsible, since if it is said to invest in an altcoin X it is useless, because if price drops and those people who invested Lose their investment I will be to blame, with Bitcoin I am not afraid because I know that Bitcoin is a safe investment, it is the only one that I would recommend, and if the one who can buy and endure I recommend that you do it do it, Because as soon as you see the history of Btc it is unique, if the last ATH was $70k, I don't know what the next one will be, but it must be much more.

[jokers10]

...
Because as soon as you see the history of Btc it is unique, if the last ATH was $70k, I don't know what the next one will be, but it must be much more.

It is not guaranteed, no one knows which is fair bitcoins rate. It can probably be much higher but can go to some middle range as well. Until its volatility reduced significantly we can hardly predict which purchasing power will bitcoin have then. What we know for sure is that 1 BTC always stays 1 BTC. So doesn't really matter which will be rates someday in the future, we always have our bitcoin which is valuable already.

[Digital_Lord]

People says that bitcoin should be hold for lengthy time of at least 4 to 5 years of duration but I think that I you have maximum profit during bear season in less time then you should sell it because market will not always gives you maximum return. The desire of getting more and more will make you looser because there is not a single person who is thankful for the money he owned but instead everyone wants to earn more than this. Patience is the key to success and those who cannot wait for the bull season and make wrong decision cannot get profit. bitcoin is risky but there is no other coin which is more successful than bitcoin but one thing that matters a lot is the accurate decision during unfavorable conditions.