Patience is the Key to HODL

[Chilwell]

There are two things I’ve observed that will make a Hodler to experience losses, 1 is holding on to the wrong token (shitcoins or any coin that’s not Bitcoin) when an investor holds on to the wrong coin that has little or no long term potential for growth, regardless of how long they hodl, rather than seeing profits, they may likely encounter losses and then they generalize their experience to other coins or the act of HODLing itself which is very wrong.

Another reason is fear and anxiety, when an investor holds for long and is expecting a growth in his portfolio and then all of a sudden, they encounter a Dip, which is an inevitable aspect of the market, and when this happens, due to fear and anxiety, it causes them to indulge in panic sales, making them to liquidate their assets in the middle of a bleeding market and when that happens, they experience losses and term HODLing as a terrible technique.

I agree with you. If you invest in wrong cryptocurrency you might lose money no matter how long you hold it. This can make people think that holding cryptocurrency for long time is bad idea. But that is not true. Fear and worry can also cause problems for investors. When market goes down it is normal to feel nervous. But selling your assets quickly can be bad. If you sell during downturn you might lose a lot of money. But it is essential to remember that market will always go up and down and good investment plan should take that into account.

Investing in cryptocurrency requires careful consideration, as market volatility can result in losses. It's essential to invest in the right cryptocurrency, invest in cryptocurrencies that you trust and have confidence in, allowing you to hold your assets for as long as necessary.

Market fluctuations can evoke anxiety and nervousness, especially during downturns. However, it's crucial to maintain courage and motivation. Remind yourself that market recovery is possible, and prices may even rise higher than before, resulting in significant gains.

Patience is vital when hodling cryptocurrency assets. Markets can be volatile, and it's essential to avoid impulsive decisions. Refrain from rushing to sell your assets, as you can't predict future market movements. Instead, remain patient and adapt to changing market conditions.

[nakmantu99]

Investing in cryptocurrency requires careful consideration, as market volatility can result in losses. It's essential to invest in the right cryptocurrency, invest in cryptocurrencies that you trust and have confidence in, allowing you to hold your assets for as long as necessary.

Market fluctuations can evoke anxiety and nervousness, especially during downturns. However, it's crucial to maintain courage and motivation. Remind yourself that market recovery is possible, and prices may even rise higher than before, resulting in significant gains.

Patience is vital when hodling cryptocurrency assets. Markets can be volatile, and it's essential to avoid impulsive decisions. Refrain from rushing to sell your assets, as you can't predict future market movements. Instead, remain patient and adapt to changing market conditions.

Patience is the key to our success, because with patience we will be calmer in making plans and strategies and making analysis. As you said the crypto market is very volatile which can cause anxiety and nervousness, but with experience and knowledge we can be calmer in facing it.
And if there is a long correction, we must be patient and wait to develop a strategy that can make us profit.

[alltalk]

Investing in cryptocurrency requires careful consideration, as market volatility can result in losses. It's essential to invest in the right cryptocurrency, invest in cryptocurrencies that you trust and have confidence in, allowing you to hold your assets for as long as necessary.

Indeed. When we invest in crypto coins, we must be very careful. Sure, crypto market is very volatile and unpredictable. The trend in crypto market can change in a short time. So, there is always the chance for high profits or severe losses. That's why crypto investment is categorized as a high risk investment.

Patience is vital when hodling cryptocurrency assets. Markets can be volatile, and it's essential to avoid impulsive decisions. Refrain from rushing to sell your assets, as you can't predict future market movements. Instead, remain patient and adapt to changing market conditions.

Patience is one of the keys for the success in crypto investment. If we have no patient, there is no way to succeed because there are many FUDs and corrections as a challenge for holding a long term. However, not only patience, we must also have proper knowledge and experience as well.

[sampoerna]

Patience is the key to our success, because with patience we will be calmer in making plans and strategies and making analysis. As you said the crypto market is very volatile which can cause anxiety and nervousness, but with experience and knowledge we can be calmer in facing it.
And if there is a long correction, we must be patient and wait to develop a strategy that can make us profit.

Indeed, no one needs if Patience is the key, yes, one of the keys to success in research. Because in any case, patience must be equipped and also supported by sufficient knowledge about crypto, so that there is no wrong step to be patient in a particular coin. Because basically there are many shit coins that do not need to be waited for patiently, CL might be better if at least it is no longer valuable.

But overall, we really need to be patient, because if not, we might have sold all our crypto assets when we were in a down condition and because we were afraid, we just sold them. This is quite dangerous and patience must be implemented in conditions and situations like this.

[milewilda]

Patience is the key to our success, because with patience we will be calmer in making plans and strategies and making analysis. As you said the crypto market is very volatile which can cause anxiety and nervousness, but with experience and knowledge we can be calmer in facing it.
And if there is a long correction, we must be patient and wait to develop a strategy that can make us profit.

Indeed, no one needs if Patience is the key, yes, one of the keys to success in research. Because in any case, patience must be equipped and also supported by sufficient knowledge about crypto, so that there is no wrong step to be patient in a particular coin. Because basically there are many shit coins that do not need to be waited for patiently, CL might be better if at least it is no longer valuable.

But overall, we really need to be patient, because if not, we might have sold all our crypto assets when we were in a down condition and because we were afraid, we just sold them. This is quite dangerous and patience must be implemented in conditions and situations like this.

Patience would really be that entirely useless if there would really be no analysis that had been added into on which it will really be that something standard or casual to do so because holding into something on random manner wont really be giving out that kind of possible succeess not unless if you've been lucky on holding into something and been pumped out by some whales then
that would be worth but what if not? Its better to hold up with those well established coins rather than on trying out to have some risking when it comes into those coins on which you dont even know if its worth on holding on.

[Dr.Bitcoin_Strange]

However, when we holding does take strong confidence in the assets we own and a well thought-out future plan. In practise, this means that we must be prepared to fight every market condition with our head relaxed and have a go after our first goals. We are not forced to sell our assets at the less favourable time because we have a steady income outside investment. Step by step this will push you to achieve the results you need even though it takes time and dedication to get there.

Most times, maintaining a long term approach helps us weather whatever storm that may likely hit the market, this is because these storms mostly has the ability to impact the market in the short term and only those that are in the market for its short term benefits are most likely to be affected by the storms that hit the market. But if/when we maintain a long term approach, as well as keeping a leveled head, we may able to look pass the temporary fluctuations of the market and avoid making impulsive decisions.

[bounceback]

Patience is the key success for cryptocurrency holder and not know how many years needed take your patience waiting for, I have ad experienced recently last three week ago my altcoin holding price pump drastically. Firstly Ethereum hold at long position future at $2,500 without one week have been success break above $3,200 and potential earn more than 5k dollar profitable but sold around $2,550.

Another lack experienced when selling my ACE Endurance coins around $2,2 and right now that coins have break above $3,4 and much profitable loss.

[Rubel007]

If you do not hold in cryptocurrency, there is less possibility of making profit. It is certainly difficult for those who do not hold and try to get the expected results. So it is very necessary for an investor to play the role of a holder. But there is no way to say that becoming a holder is very easy. There is no alternative to an investor being patient to hold and it is important for the investor to see what he is holding before investing. If there is no reliable coin for investment, then there is no benefit in holding, rather in the long term, nothing but disappointment. Those who can hold their assets for a long time with sufficient research and analysis will definitely be able to earn expected profit.

[Dr.Bitcoin_Strange]

Investing in cryptocurrency requires careful consideration, as market volatility can result in losses. It's essential to invest in the right cryptocurrency, invest in cryptocurrencies that you trust and have confidence in, allowing you to hold your assets for as long as necessary.

Market fluctuations can evoke anxiety and nervousness, especially during downturns. However, it's crucial to maintain courage and motivation. Remind yourself that market recovery is possible, and prices may even rise higher than before, resulting in significant gains.

It’s just as you’ve said, one should hold on to assets they’ve managed to build some level of trust and confidence in, assets they believe strongly in their long term potentials, because that’s the only way one can be able to weather and withstand the inconsistencies and volatility of the market, especially in market downturns, because when you really trust in the longevity of the asset, it’ll reduce the panic and tension you’ll feel, thereby helping you to manage your emotions effectively.

[gunhell16]

If you do not hold in cryptocurrency, there is less possibility of making profit. It is certainly difficult for those who do not hold and try to get the expected results. So it is very necessary for an investor to play the role of a holder. But there is no way to say that becoming a holder is very easy. There is no alternative to an investor being patient to hold and it is important for the investor to see what he is holding before investing. If there is no reliable coin for investment, then there is no benefit in holding, rather in the long term, nothing but disappointment. Those who can hold their assets for a long time with sufficient research and analysis will definitely be able to earn expected profit.

If you are a long-term investor, you cannot lose your patience, because you cannot be a long-term holder if you are not patient. That is the literal logic of it, right? It's just that not all are long-term holders, some of them are both short and long-term holders.

And I am in that category, and the majority of the crypto assets I hold are actually in altcoins and I am not ashamed of that or denying it, because as they say,
don't put all your eggs in one basket, that's all.

[SmartGold01]

And I am in that category, and the majority of the crypto assets I hold are actually in altcoins and I am not ashamed of that or denying it, because as they say,
don't put all your eggs in one basket, that's all.

Any diversification that is based on altcoins are not actually diversification but rather an easy channels to create huge lost, though I might not know the numbers of altcoin you are holding but holding only altcoin without bitcoin inclusively is like creating a pit for huge dump. Today lot of things happen to people based on their choices to hold shitcoin for long they lose while some of them gain more but what is mostly considered is how reliable these could be to them. So if you think you are that reliable with the coin you are holding then fine you can hold them until you gain the exact profits you wishes.

[rachael9385]

Yeah the problem these days is that everyone is looking for quick money and That compromises patience. Sometimes people are determined to HODL but Economy situation can affect HODLING I don't want to go deeper explaining it but that's just it.
Patience in HODL also requires extra and emergency funds and self control very important.

[satpol_PP]

Yeah the problem these days is that everyone is looking for quick money and That compromises patience. Sometimes people are determined to HODL but Economy situation can affect HODLING I don't want to go deeper explaining it but that's just it.
Patience in HODL also requires extra and emergency funds and self control very important.

I agree with you, patience in HOLD requires extra funds where we have to use unused funds. For that we must have other income that does not interfere with the assets we hold. lucky for those who have jobs in the real world and earn income to meet their living needs so they can hold calmly without being disturbed by having to sell coins to meet their needs.

[UNIVERSE]

Yeah the problem these days is that everyone is looking for quick money and That compromises patience. Sometimes people are determined to HODL but Economy situation can affect HODLING I don't want to go deeper explaining it but that's just it.
Patience in HODL also requires extra and emergency funds and self control very important.

People who expect the quick money, they have no mentality to hold crypto coins for a long time. People who want to hold crypto coins, they must be ready to wait for few years. We also must deal with many FUDs or bad news. If we can't be patient, we unable to hold the crypto coins when there are bad news.

Anyway, patience and hold are 2 things that we can't be separated. If you want to hold, you must be patient!! I am sure we must be aware that it is the key to succeed in crypto investment.

[MRY]

Yeah the problem these days is that everyone is looking for quick money and That compromises patience. Sometimes people are determined to HODL but Economy situation can affect HODLING I don't want to go deeper explaining it but that's just it.
Patience in HODL also requires extra and emergency funds and self control very important.

I agree with you, patience in HOLD requires extra funds where we have to use unused funds. For that we must have other income that does not interfere with the assets we hold. lucky for those who have jobs in the real world and earn income to meet their living needs so they can hold calmly without being disturbed by having to sell coins to meet their needs.

In order to avoid emotional reactions in managing the assets one needs to know when and how to invest and how to meet day to day needs. That way, we can retain a position without the stress of selling at an undesirable moment creating other sources of revenue. If properly balanced we can sustain the long-term strategy while at the same time sustaining our general living needs. This results in ability for us to operating more confidently in the market which is an advantage.