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Author Topic: Patience is not enough for hodling Bitcoin  (Read 795 times)
I_Anime
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May 17, 2024, 01:12:49 PM
 #61

Don't stop pushing because consistency matters. Patience is the fuel that drives us into holding bitcoin till this very moment, we just have good patterns to follow because earnings have always been our priorities in the system, it can become challenging for most of us out here but we shouldn't give up because there's more to accomplish. Bitcoin is an important investment in the space, we should always stay mute because there's a whole more coming to our ends in the space. We should never relent but focused on the bright future and never stop anticipating in crypto activities.


Well that's right , we are all aware that the pullrun is yet to come . So inorder for one not to miss such wonderful opportunity he or she will have to keep holding aslong as they can.  And we can all see that Bitcoin as spend a long time at the range of $60k even when they where  drop in price Bitcoin kept on bouncing to this same price range. So there's a high probability that of Bitcoin beat the price range of $75k Bitcoin next stop will be around $80k , and after beating $80k the next stop will be at th price range of $100k and above.

So we can manage to tell that Bitcoin going to create another new cool ATH base on speculation, but we can tell what the new ATH price will be and all that . So let's keep holding and when the time comes we will know when to sell expecially for those with nice quantities of Bitcoin stash. That's why is advisable to keep accumulating, and be aggressive as any way he or she can in their accumulation.

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Duelbits
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Kliss
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May 22, 2024, 01:43:23 PM
 #62

I have come to realise that what is stopping some people from hodling Bitcoin is not because they do not have patience to stick to their investment. Having a source of income is the only way people can exercise patience to invest bitcoin.  It is not possible for one who is hungry and has bitcoin in the wallet and would not want to sell the bitcoin to quench the hunger.

While planning to invest in bitcoin people needs consider to have a steady flow of income , if this is not available no amount of patience can be able to make hodling to take place. When their is a flow of money one can always look on to for survival and to solve financial problems this is when we can now talk about having patience to hodl bitcoin to gain profit. It something that result to the lack of patience,  it can hunger or meeting up the daily needs,  if this can be solved it is easy in hodling Bitcoin.

You make a valid point, OP. Patience alone may not be enough for HODLing Bitcoin. It is true that having a source of income is crucial for people to have the patience to invest in Bitcoin. When someone is hungry and has Bitcoin in their wallet, it is understandable that they may need to sell it to meet their immediate needs. Before investing in Bitcoin, it's important to consider having a steady flow of income. Without it no amount of patience can sustain HODLing. When there is a reliable income flow to rely on for survival and financial stability  then we can talk about having the patience to HODL Bitcoin and potentially gain profits. It's all about addressing the negative factors that may hinder patience such as meeting daily needs and solving financial problems.
teamsherry
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June 01, 2024, 12:44:16 AM
 #63

Sir I would even say an amount of comfort is needed, cause you are investing in bitcoin what if an emergency occurs and the cash at hand is not enough to do it and its of high importance, won't you sell that you retirement plan and solve a major problem first. I'm not saying that average perosns can't invest oh, what I'm saying is that comfort is also important. And how do you have this comfort as an average investor, is to build up emergency funds, cause one thing wey dey disturb plan na unforseen  events, so if your already prepared for things like this, the n your bitcoin holdings are 50% safe, the  we can add other things like discipline, income raise and all others

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Cityhunter34
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June 07, 2024, 08:57:36 PM
 #64

I have come to realise that what is stopping some people from hodling Bitcoin is not because they do not have patience to stick to their investment. Having a source of income is the only way people can exercise patience to invest bitcoin.  It is not possible for one who is hungry and has bitcoin in the wallet and would not want to sell the bitcoin to quench the hunger.

While planning to invest in bitcoin people needs consider to have a steady flow of income , if this is not available no amount of patience can be able to make hodling to take place. When their is a flow of money one can always look on to for survival and to solve financial problems this is when we can now talk about having patience to hodl bitcoin to gain profit. It something that result to the lack of patience,  it can hunger or meeting up the daily needs,  if this can be solved it is easy in hodling Bitcoin.
Op I'm totally agree with you because their is know how that you would have Bitcoin in your wallet and you allow hunger to kill you in the name of having patience before you know that you we sell your Bitcoin, sticking to emergency fund is always the best idea as a good investor because without that I didn't really think it will be possible to hold Bitcoin for a long time investment. However once you have another source of income that we be bringing money for you of course you are covered by holding your Bitcoin investment for a long term period.

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