Patience is the Key to HODL

[Ujok]

It is clear that there is no much risk involved in holding an asset either BTC or ALTS but when the Crypto market is suffering a down trend for a longer period, most Holders are prone to sell off their assets as a result of fear.

You do not really know about altcoins. Check what the prices of the old coins were in the past and compare it with their present price when bitcoin got to all-time-high. Many of them are 5 to 10 times lower than their present prices. Holding altcoins is like you are gambling. If you are lucky to make money from them, sell them.

that's right, holding altcoin is like gambling and if you are lucky you will get many times the profit and vice versa.. most people fall because of holding altcoin even the short term also experience losses, in my opinion holding altcoin must choose carefully for the long term..
a safer coin to hold is bitcoin besides being safe, bitcoin also has a small risk compared to other coins.

[bitterguy28]

Currently the hype of new projects is high and most of the new projects are giving profit to investors due to which everyone is rushing towards new projects. Crypto market always goes with hype trends so investors want to make profit by exploiting this hype.

most recent projects honestly just rely on hype and their dev team are just there for display they actually do not care about developing a coin that can be used for various purposes and for long term they just want the profit as much as the investors so i think it is always wise to sell as fast as you can when you have the opportunity lest you end up with coin of no value

[Eroptech]

When bearish trend continues longer than expected then a lot of investors sell off their assets. If a investor has spare funds to invest in that case he can hold his assets for long period, but other investors have no other option but to sell off.

It is always adviceable for all investor to have an emergency fund as this will enable them to be able to hold there btc for a longer duration maybe be 4-10 yrs or more before they option for sale.There are always unforseen contingency which may force and investor to sell off his holdings before the expected time thats is why the emergency fund should always be there to tackle this emergency .most investors do sell of there holdings whenever they notice a slight correction in the price of bitcoin and they Will be grip by fear of the price not going up again. So before we start our accumulation of bitcoin , we should always state out a plan how long we are to hold our coin , if it is 10yrs or more depending on your capabilities.Just like now we just experience and upward trend in the price of bitcoin , majority we sell off the little stash they have in their portfolios instead of focusing on accumulating more bitcoin and hold for at least two bitcoin cycle.

[Sim_card]

It's only bitcoin that is worth hodling for a long time duration because the price keeps increasing overtime no matter how dip it gets it will still recover. During the bear market it's an opportunity go to buy more Bitcoin cheaper but short term investors panics when the price dips because they are after quick profit and gets disappointed when there is a dip. Altcoins depreciates in value, and should be sold whenever you see profits.

[taufik123]

It's only bitcoin that is worth hodling for a long time duration because the price keeps increasing overtime no matter how dip it gets it will still recover. During the bear market it's an opportunity go to buy more Bitcoin cheaper but short term investors panics when the price dips because they are after quick profit and gets disappointed when there is a dip. Altcoins depreciates in value, and should be sold whenever you see profits.

Now that the price of Bitcoin is high enough because it has reached a new ATH, to start the initial investment you should wait for the price correction first so that you don't buy bitcoin at a high price.

But I remain optimistic that the price of bitcoin will break the $100k ATH and hopefully in 2025 it will be achieved.
Patience to hold back will be replaced by the benefits that will be obtained, whoever is patient will enjoy the results.

[Tribalchief]

Though the reason of Holding an asset is solely for the reason of long term duration, but some bearish seasons can make the heart of some investors to beat faster.
It is clear that there is no much risk involved in holding an asset either BTC or ALTS but when the Crypto market is suffering a down trend for a longer period, most Holders are prone to sell off their assets as a result of fear. Believing that the market will keep experiencing more down trend, putting their portfolio at risk.
And some others tend to buy more at every significant price drop and even hoping to accumulate more asset at the dip.

As a matter of fact, every holder has no reason to fear because there'll always be a bull season. A clear example is the market trend since the past 7days, BTC reaching over 76k from it's price of about 42k as at January 2024. For those Investors who has placed some of this asset on hold for the past one year is likely to be seeing an x3 or even x5 profit.
In conclusion, every holder has to exercise patience with any asset placed on hold and reduce their emotional stress when  the market is bearish because the season for the bulls must always come by.

Bulls...Bears, they are two different events that comes and goes. Truth is, there are some investors that gets more excited during a bullish movement and less excited when they experiences some form of bearish movement, while there are other investors that feels the opposite. We all know that both events offers their own advantages and disadvantages. For those that buy and sell (i.e trading), they might prefer having both events moderately, while for those that accumulates, they might enjoy the bearish movement most. Well, since the threads talks about holding, then patience is definitely a valid point.

[satpol_PP]

It's only bitcoin that is worth hodling for a long time duration because the price keeps increasing overtime no matter how dip it gets it will still recover. During the bear market it's an opportunity go to buy more Bitcoin cheaper but short term investors panics when the price dips because they are after quick profit and gets disappointed when there is a dip. Altcoins depreciates in value, and should be sold whenever you see profits.

If you buy bitcoin and decide to hold it for the long term, it is the right choice because bitcoin is very suitable for long-term investment. Why do we panic when the price of bitcoin drops? Those who decide to invest in the short term should understand that the crypto market is very volatile, the price can go down but if you wait the price of bitcoin will go up again.
There are many considerations to decide whether we invest in the long term or short term, if we choose to invest in the short term, we should buy altcoin because it is more profitable than bitcoin in the short term.

[TomPluz]

Yes, of course, when HODLING a digital asset (in fact any asset for that matter) there is a need to have a good level of  patience, not easily panic and even just forget that you are hodling something in your digital wallet. This kind of mindset is the one that can give us the financial success we are looking for while in the cryptocurrency industry. People who got Bitcoin at the beginning of the year are now smiling as the price really surged ahead after the election of Trump and may continue to be in the vicinity of $70K as Trump is preparing to take the reign of the White House officially come January 20. Most especially in Bitcoin, the future looks so good as long as one will not have weak hands and would be swayed by FOMO that can come anytime.

[bitterguy28]

During the bear market it's an opportunity go to buy more Bitcoin cheaper but short term investors panics when the price dips because they are after quick profit and gets disappointed when there is a dip.

i don’t see any problem with short term investors or traders taking action when bitcoin corrects itself or has really high volatility because at least they know what kinds of investors they are it’s like if you are only interested in bitcoin for the short term that’s fine own up to it!

but if you plan on being a long term investor and you panic from a slight correction then forget being a long term holder lol you are not going to be so successful if you overthink every little movement from the market if you want to hold for a long time then learn to not care about every movement every hour

[Mr. Magkaisa]

       -      I agree with what you say that every holder should not really be worried or afraid. What is the other reason why the other holders are worried? What they see is a sudden fall in the value of the asset they are holding.

Let's just remember that as long as we don't sell the crypto assets we hold at a loss, you have nothing to fear because it will not continue to fall to zero value. Just wait for its price to rise again because there is nothing else. The market will not only return but also increase the price of the assets we hold.

[Bobcrypto]

Yeah, if what the holders sees is a sudden market fall, then it is clear that the holder(s) is very emotional on trading or investing options.
Now, these factors may help emotional holders to earn regularly,
Holder should have good knowledge and experiences of the market; have personal strategies to control the market sudden falls, holder should also learn more ideas from expert traders/investors. in addition, Holder should be convasant with news, know about hype and speculation and watch out for an opportunity to close or open positions etc.

[Gposas]

Though the reason of Holding an asset is solely for the reason of long term duration, but some bearish seasons can make the heart of some investors to beat faster.

The reason for long term hodling is to reduce the impact of short term price swings so the hodler can get huge profits.

That's the reason long term investors are of more population than short term holders and they are among the factors that determine the volume/liquidity of an asset.
I guess thats the reason why investors prefer long term HODL for the reason of getting an x2 or more price increase in the near future.
Short term investors tend to collect quick profits and prefer short term duration holding either for the sake of incomplete confidence on the project or some other reasons , rather than making loss they grab quick profits and leave.
They are almost compared to a spot trader beaten by the market trend.

[MUGNIA]

It is clear that there is no much risk involved in holding an asset either BTC or ALTS but when the Crypto market is suffering a down trend for a longer period, most Holders are prone to sell off their assets as a result of fear.

You do not really know about altcoins. Check what the prices of the old coins were in the past and compare it with their present price when bitcoin got to all-time-high. Many of them are 5 to 10 times lower than their present prices. Holding altcoins is like you are gambling. If you are lucky to make money from them, sell them.

This is true, not all altcoins can provide profits, especially new coins where they only rely on fomo and hype in my opinion, holding old coins that have fallen and when they provide adequate value are not sold but are still held, I think only greedy people seek profits with high targets, and regret it when the coin falls again

[Faisal2202]

As a matter of fact, every holder has no reason to fear because there'll always be a bull season. A clear example is the market trend since the past 7days, BTC reaching over 76k from it's price of about 42k as at January 2024. For those Investors who has placed some of this asset on hold for the past one year is likely to be seeing an x3 or even x5 profit.
In conclusion, every holder has to exercise patience with any asset placed on hold and reduce their emotional stress when  the market is bearish because the season for the bulls must always come by.

For small investors like those with some thousands dollars these returns are too low I mean 4x or 6x are even low for them but for big investors who are playing in millions these returns are more than enough. That's why small investors are the one in my sight who prefer ALTS and meme coins to get more returns as when they see others making more returns then they want to do the same.

BTC is no doubt in the long run is going to give us huge return if we hold it for the next 10 years it will definitely give us more return but that's not what most of the people want with low capital as the profit is permanent but how much that's what they want to know.

[nakmantu99]

It is clear that there is no much risk involved in holding an asset either BTC or ALTS but when the Crypto market is suffering a down trend for a longer period, most Holders are prone to sell off their assets as a result of fear.

You do not really know about altcoins. Check what the prices of the old coins were in the past and compare it with their present price when bitcoin got to all-time-high. Many of them are 5 to 10 times lower than their present prices. Holding altcoins is like you are gambling. If you are lucky to make money from them, sell them.

This is true, not all altcoins can provide profits, especially new coins where they only rely on fomo and hype in my opinion, holding old coins that have fallen and when they provide adequate value are not sold but are still held, I think only greedy people seek profits with high targets, and regret it when the coin falls again

New coins obtained from airdrops or bounties should be sold immediately, we should not be greedy because they are free coins.
but buying coins from new projects, we can hold. Not greedy because it is the result of research and long observation to study the project.
I also hold new coins that I feel will have a bright future, but not reward coins, the result of bounties and airdrops.