Patience is the Key to HODL

[bhadz]

As I often repeat, the crypto market is cyclical, the high and low phases are repeated over time, the hold strategy is an excellent method of earning, there is no universal value to reach in order to sell, it is a subjective thing

It is subjective based on how profitable we are already. Holding is a good strategy that I was able to prove it to myself. There are people that still discourages other into holding for so long because they were a disappointed holder. Don't be like them and believe on what you're about to do. It's only a matter of time until you see all of the hard work and patience is going to be worth it. HODL while you can and you'd definitely thank your patience over all.

[MrSpasybo]

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.

Yeah, I agree that patience is necessary in the market, but I don't support blind patience. Holders can suffer significant losses if they hold dead-coins with infinite patience and no reasonable stop-loss. Therefore, we need a clear basis to determine a safe zone for patience, as well as understanding why we are holding that coin. In other words, we need a serious investment plan, not just immense patience ^^

Of course, history has proven that holders of BTC and ETH have received huge profits, which is an advantage that other tokens in the market are difficult to obtain. I urge investors to have a basis for maintaining wise patience, and at the same time, limit hasty actions during critical periods of the market.

[doc]

As I often repeat, the crypto market is cyclical, the high and low phases are repeated over time, the hold strategy is an excellent method of earning, there is no universal value to reach in order to sell, it is a subjective thing

It is subjective based on how profitable we are already. Holding is a good strategy that I was able to prove it to myself. There are people that still discourages other into holding for so long because they were a disappointed holder. Don't be like them and believe on what you're about to do. It's only a matter of time until you see all of the hard work and patience is going to be worth it. HODL while you can and you'd definitely thank your patience over all.

Maybe the coins they hold are not the top coins, so they are disappointed by holding too long. Bitcooin is the most suitable and safe coin to hold for the long term. Patience will produce good results if we can. And before deciding to hold coins, we should do research and make an analysis of the coins. If we have confidence that the coins will have good progress in the future, we can hold them. It is highly recommended to hold top coins because they have been proven to have good potential so far.

[Baofeng]

As I often repeat, the crypto market is cyclical, the high and low phases are repeated over time, the hold strategy is an excellent method of earning, there is no universal value to reach in order to sell, it is a subjective thing

It is subjective based on how profitable we are already. Holding is a good strategy that I was able to prove it to myself. There are people that still discourages other into holding for so long because they were a disappointed holder. Don't be like them and believe on what you're about to do. It's only a matter of time until you see all of the hard work and patience is going to be worth it. HODL while you can and you'd definitely thank your patience over all.

It has been a proven strategy already, that Holding is one of the best if not the best. The thing is that there are investors that don't have any patience and the mentality to go and grind every week or every month to buy and purchase and save it.

But for us who have been in the market for so long, we all know what it takes and so we are willing to be a long term Holder. And I think it's a good practice to us on how we can really be a true HODLer investor, not just in saying but in practice as well.

[JISAN]

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.

Investment on altcoins is not gambling but as altcoins is highly volatile so there has  high risk. if you can find potential altcoins then you can make good profit but it is very difficult to analysis thousand of altcoins and find the best one ,two or three. who can do that they also get rich with small investment on altcoin

[Themepen]

It has been a proven strategy already, that Holding is one of the best if not the best. The thing is that there are investors that don't have any patience and the mentality to go and grind every week or every month to buy and purchase and save it.

But for us who have been in the market for so long, we all know what it takes and so we are willing to be a long term Holder. And I think it's a good practice to us on how we can really be a true HODLer investor, not just in saying but in practice as well.

I agree with you holding investments for long time is winning strategy. It needs patience and self control which can be tough for some. But experienced investors know it is worth waiting for big gains. Being true HODLer investor means more than just saying it you have to actually do it. This mindset helps you stay calm through market ups and downs and avoid bad decisions to grow your investments over time and become more patient. Your approach inspires others to invest wisely and hold on for long term keep it up.

[Crypto Library]

Investment on altcoins is not gambling but as altcoins is highly volatile so there has  high risk. if you can find potential altcoins then you can make good profit but it is very difficult to analysis thousand of altcoins and find the best one ,two or three. who can do that they also get rich with small investment on altcoin

One thing we have to think about is what do we do with Bitcoin analysis? We analyze bitcoin by looking at its previous performance and then we find that bitcoin goes in a certain cycle and after certain cycles the price of bitcoin only moves upwards. In this case the cycle is mainly related to Bitcoin halving. And basically we do analysis based on bitcoin halving.
But if we talk about altcoins, then it is very complicated to analyze almost all altcoins except some big altcoins. So I think many people call this altcoin investment gambling as a form of sarcasm.

[0t3p0t]

Patience would be the best tool millionaires in crypto are using and it's proven and tested even the time Bitcoin has started. Not only in the cryptocurrency world but also in other kind of assets whether it is real estate, precious metals, collectibles and other things that appreciates value over time. That is why successful investors says diamond hands is the way to achieve the goal.

[Charles-Tim]

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.

Investment on altcoins is not gambling but as altcoins is highly volatile so there has  high risk. if you can find potential altcoins then you can make good profit but it is very difficult to analysis thousand of altcoins and find the best one ,two or three. who can do that they also get rich with small investment on altcoin

I have bolded it for you. I posted that holding altcoins is like you are gambling. Something is like gambling means it is not gambling but very similar to what gambling is. The coins that will not get to all-time high and also that can dump at any time. That makes them be like gambling.

[Ujok]

Patience would be the best tool millionaires in crypto are using and it's proven and tested even the time Bitcoin has started. Not only in the cryptocurrency world but also in other kind of assets whether it is real estate, precious metals, collectibles and other things that appreciates value over time. That is why successful investors says diamond hands is the way to achieve the goal.

true, the key to success is patience because with patience in a person, they will not easily act recklessly in doing something and will definitely think about the future, whether what they are doing is good or not.. if someone does not have patience in business or is reckless in taking action, usually he will easily regret it after doing it and most professional people in trading have patience with that it is easy to get profit without any regret.

[lombok]

Patience would be the best tool millionaires in crypto are using and it's proven and tested even the time Bitcoin has started. Not only in the cryptocurrency world but also in other kind of assets whether it is real estate, precious metals, collectibles and other things that appreciates value over time. That is why successful investors says diamond hands is the way to achieve the goal.

true, the key to success is patience because with patience in a person, they will not easily act recklessly in doing something and will definitely think about the future, whether what they are doing is good or not.. if someone does not have patience in business or is reckless in taking action, usually he will easily regret it after doing it and most professional people in trading have patience with that it is easy to get profit without any regret.

We all know that Patience is an important basic, allowing us to make decisions with thought, and particularly in business which is often riddled with uncertainty. We are more adept at seeing opportunities than if we were nervous and rushing. If we’re able to think of every step well before we take it then it will have a greater positive impact our future.

Building a bad habit of doing not rushing, we also reduce the risk of regreting later. Acting rashly leads to those not as profitable. Consistency and the idea that good results come slowly in each of these process is key.

[|MINER|]

Every investor should be very patient.  All those who have invested in crypto currency in particular should be aware of the market and then invest.  Because we know bitcoin price goes up during bull run and alt coin season starts at the end of bull run.  Then the price of alt coins increased.  So you can't get restless just by investing.  We have to wait for the right time ie price increase.  As we see those who invested in Bitcoin and waited for the wrong run have now profited greatly.  The patience to invest in a few currencies and hold will benefit you a lot.  Those investors who are waiting for the alt season will also get the expected profit.

[nakmantu99]

Every investor should be very patient.  All those who have invested in crypto currency in particular should be aware of the market and then invest.  Because we know bitcoin price goes up during bull run and alt coin season starts at the end of bull run.  Then the price of alt coins increased.  So you can't get restless just by investing.  We have to wait for the right time ie price increase.  As we see those who invested in Bitcoin and waited for the wrong run have now profited greatly.  The patience to invest in a few currencies and hold will benefit you a lot.  Those investors who are waiting for the alt season will also get the expected profit.

I agree with you, in investing in crypto we must be patient because sometimes the crypto market is difficult to predict so we have to wait if we have a target to sell our coins and have not reached the price we targeted.
for those who are patient with holding bitcoin buying during the bearish season and holding it until now or until next year when the bullish season they will get big profits. This is how bitcoin holders seek profit in every 4-year cycle.

[MUGNIA]

As I often repeat, the crypto market is cyclical, the high and low phases are repeated over time, the hold strategy is an excellent method of earning, there is no universal value to reach in order to sell, it is a subjective thing

It is subjective based on how profitable we are already. Holding is a good strategy that I was able to prove it to myself. There are people that still discourages other into holding for so long because they were a disappointed holder. Don't be like them and believe on what you're about to do. It's only a matter of time until you see all of the hard work and patience is going to be worth it. HODL while you can and you'd definitely thank your patience over all.

because it all comes back to individual decisions, and how much we want to take advantage of, so if there are people who interfere with our assets, it is better to avoid and remain firm on the expected profit point, sometimes I am also surprised by people who force their will and opinions on other people's assets and when there is a decline / wrong analysis they do not want to take responsibility, they casually say be patient

[|MINER|]

I agree with you, in investing in crypto we must be patient because sometimes the crypto market is difficult to predict so we have to wait if we have a target to sell our coins and have not reached the price we targeted.
for those who are patient with holding bitcoin buying during the bearish season and holding it until now or until next year when the bullish season they will get big profits. This is how bitcoin holders seek profit in every 4-year cycle.

Most of the investments I have made in altcoins have brought losses. I have faced huge losses by investing in altcoins not only for short-term but also for long-term. Although I myself think that my analysis skills were not enough to invest then and maybe that is why I faced losses. Even after all those losses, I have reduced my investment in altcoins and currently invest targeting bitcoin and always try to follow the DCA scheme to invest and at the same time I invest a large amount of my money in bear season and book profit in bull season.
Bitcoin didn't disappoint me this time either.