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Author Topic: Patience is the Key to HODL  (Read 7287 times)

Online jeraldskie11

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Re: Patience is the Key to HODL
« Reply #105 on: December 06, 2024, 07:51:43 AM »
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.
Patience requires discipline and it's not depends on the extra funds. Yes, it's easy to hold your assets as long as you have extra funds especially if you want to invest with another pair. Honestly, it didn't requires any patience if you have extra funds because you won't make sacrifices and then the discipline won't work in that way. If you don't have an extra funds and still you can wait no matter how badly you needed the money, it means you really have patience. That's how I understand what patience is.

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Re: Patience is the Key to HODL
« Reply #105 on: December 06, 2024, 07:51:43 AM »

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Re: Patience is the Key to HODL
« Reply #106 on: December 06, 2024, 08:54:22 AM »
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.

Any investor that decides to sell off Bitcoin holdings because of a prolonged bear run can be described as a short term investors, while a long term investors holds their assets in whatever conditions of the market. Remember that there are still investors holding theirs position since 2018 counting and has no intention of selling in near future.
In addition, the categories of investor that sell off during bear run can be described as emotional investors, and to be a strong investors, you must learn to deal with emotions to be successful.

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Re: Patience is the Key to HODL
« Reply #106 on: December 06, 2024, 08:54:22 AM »

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Re: Patience is the Key to HODL
« Reply #107 on: December 06, 2024, 04:59:06 PM »
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.

Any investor that decides to sell off Bitcoin holdings because of a prolonged bear run can be described as a short term investors, while a long term investors holds their assets in whatever conditions of the market. Remember that there are still investors holding theirs position since 2018 counting and has no intention of selling in near future.
In addition, the categories of investor that sell off during bear run can be described as emotional investors, and to be a strong investors, you must learn to deal with emotions to be successful.

You can't be a long-term investor if you're not a patient person, and we all know that if you're a smart investor. Because we know that there are only two types of investors, they are smart and stupid investors.

There are others who invest because they're just following the trend or hype and there are also others who first study the crypto assets they're investing in to see if it really has potential or not, so they don't just get carried away by the trend or hype.
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Offline rizqillah

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Re: Patience is the Key to HODL
« Reply #108 on: December 07, 2024, 11:04:25 PM »
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.

Any investor that decides to sell off Bitcoin holdings because of a prolonged bear run can be described as a short term investors, while a long term investors holds their assets in whatever conditions of the market. Remember that there are still investors holding theirs position since 2018 counting and has no intention of selling in near future.
In addition, the categories of investor that sell off during bear run can be described as emotional investors, and to be a strong investors, you must learn to deal with emotions to be successful.

You can't be a long-term investor if you're not a patient person, and we all know that if you're a smart investor. Because we know that there are only two types of investors, they are smart and stupid investors.

There are others who invest because they're just following the trend or hype and there are also others who first study the crypto assets they're investing in to see if it really has potential or not, so they don't just get carried away by the trend or hype.
Investing for the long term requires patience and if we decide to hold for the long term of course this requires free capital and is not needed in the near future.
but there are also some investors who choose the short and medium term, it all depends on their respective plans and strategies.
There are investors who only follow trends and hype, this is very risky so you really have to do the right research and analysis so you don't lose.

Offline vegasus

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Re: Patience is the Key to HODL
« Reply #109 on: December 07, 2024, 11:17:36 PM »

You can't be a long-term investor if you're not a patient person, and we all know that if you're a smart investor. Because we know that there are only two types of investors, they are smart and stupid investors.

There are others who invest because they're just following the trend or hype and there are also others who first study the crypto assets they're investing in to see if it really has potential or not, so they don't just get carried away by the trend or hype.
Yes, that's right, for long-term investors, one of the most important things is patience. Imagine if we only have a little patience, then when the market experiences a slight correction, we immediately get emotional and panic, making decisions that are not based on anything or just because we panic, this is really bad, because it can drive our decisions to be hasty and panic selling.

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Re: Patience is the Key to HODL
« Reply #110 on: December 07, 2024, 11:18:05 PM »
Patience requires discipline and it's not depends on the extra funds. Yes, it's easy to hold your assets as long as you have extra funds especially if you want to invest with another pair. Honestly, it didn't requires any patience if you have extra funds because you won't make sacrifices and then the discipline won't work in that way. If you don't have an extra funds and still you can wait no matter how badly you needed the money, it means you really have patience. That's how I understand what patience is.
Patience and discipline are 2 different things. However, it is true that both of them are needed in crypto investment. What do you mean by extra funds? Sure, we can buy other coins as long as we have capital. But we shouldn't force ourselves to buy more if we have very limited funds. Just invest in the amount of money that we afford to lose!!


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Re: Patience is the Key to HODL
« Reply #111 on: December 08, 2024, 03:13:14 PM »

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.

It should be like this where if we want multiple profits, in crypto we must know what is called HOLD and not waver when there is an increase in bearish times because we have a target achievement for 1 coin,

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Re: Patience is the Key to HODL
« Reply #111 on: December 08, 2024, 03:13:14 PM »


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Re: Patience is the Key to HODL
« Reply #112 on: January 14, 2025, 08:47:35 PM »
Well, I think that most of my coins are in the point of staying as long as possible, that will be a lot of time and opportunity to hold. Which means they are not a scam project.
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Re: Patience is the Key to HODL
« Reply #113 on: January 18, 2025, 11:22:44 PM »

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.

It should be like this where if we want multiple profits, in crypto we must know what is called HOLD and not waver when there is an increase in bearish times because we have a target achievement for 1 coin,
Sustaining the decision to keep a cool head when differentials are present is one factor that is quite praiseworthy given that many of the objectives that are enshrined are quite clear. The patience that is developed when one is able to hold an asset for sometime is one of the most important facets of addressing so many changes that are present in the market. When the perspective of the business is longer than the period necessary to achieve the main goals, the might to follow the plan that has been designed will pull through through different events including when the market is bearish. This demonstrates that determination will create opportunity for the achievement of the target that has been crafted. As the result of knowledge from experience and understanding the risks taken, such steps can lead to good results in future.

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Re: Patience is the Key to HODL
« Reply #114 on: January 18, 2025, 11:47:44 PM »

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.

It should be like this where if we want multiple profits, in crypto we must know what is called HOLD and not waver when there is an increase in bearish times because we have a target achievement for 1 coin,
Hold is always my priority in investing in crypto because I am very busy in the real world and also want to get profit from investing in crypto, so the hold step is what I take. Hold requires patience and of course using free funds to do it.

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Re: Patience is the Key to HODL
« Reply #115 on: January 19, 2025, 07:46:29 AM »
Definitely as we have suffer from our beginning of the market and we experience that HODLER making more money than trader and does not required any continue time to watch the market and HOLD the bag reward gradually good money.

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Re: Patience is the Key to HODL
« Reply #116 on: January 19, 2025, 05:36:07 PM »
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.

Any investor that decides to sell off Bitcoin holdings because of a prolonged bear run can be described as a short term investors, while a long term investors holds their assets in whatever conditions of the market. Remember that there are still investors holding theirs position since 2018 counting and has no intention of selling in near future.
In addition, the categories of investor that sell off during bear run can be described as emotional investors, and to be a strong investors, you must learn to deal with emotions to be successful.
Well, there is no alternative to holding Bitcoin to be profitable from investing. If a person cannot hold Bitcoin or does not have the desire to hold it, then Bitcoin is not for him. Holding it is not an easy task. There may be many of us holders, when we find a small amount of profit, we take the role of a trader and when we lose, we take the role of a holder. If our behavior in Bitcoin is like this, then holding Bitcoin is meaning less.  Who will be able to profit from Bitcoin will be able to hold their Bitcoin even in any adverse situation.

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Re: Patience is the Key to HODL
« Reply #117 on: January 19, 2025, 07:02:14 PM »
Who will be able to profit from Bitcoin will be able to hold their Bitcoin even in any adverse situation.
Correct and I agree with you on this one but only those who can do this are pure investors with stable source of income. But for us who has unstable source this is not gonna work because holding for long term will only hurt our purses and just give us stress especially in an unfavorable situation. Hopefully I may able to get a stable source of income so I can forget my investments for long.

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Re: Patience is the Key to HODL
« Reply #118 on: January 19, 2025, 10:07:13 PM »
Who will be able to profit from Bitcoin will be able to hold their Bitcoin even in any adverse situation.
Correct and I agree with you on this one but only those who can do this are pure investors with stable source of income. But for us who has unstable source this is not gonna work because holding for long term will only hurt our purses and just give us stress especially in an unfavorable situation. Hopefully I may able to get a stable source of income so I can forget my investments for long.
If we do not have extra money or other more stable income, then we will definitely not be calm when investing. Because we will think about getting faster profits and then withdrawing the money for our daily needs, and of course that is not an easy thing to do because the price of crypto is not necessarily the same as what we want. However, if our finances are sufficient, then of course we can hold our coins longer to get bigger profits of course.

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Re: Patience is the Key to HODL
« Reply #119 on: January 19, 2025, 11:15:51 PM »
If we do not have extra money or other more stable income, then we will definitely not be calm when investing. Because we will think about getting faster profits and then withdrawing the money for our daily needs, and of course that is not an easy thing to do because the price of crypto is not necessarily the same as what we want. However, if our finances are sufficient, then of course we can hold our coins longer to get bigger profits of course.
Of course, because we will definitely be required by circumstances, by needs, and various other confusing things that require money. This must also be experienced by most people. Therefore, every time you want to invest, make sure it uses money that is truly free money, which is set aside for investment, not for daily needs or other urgent needs. And this certainly requires a sacrifice that is not small, because sometimes the money is very limited and wants to be used but is willing to let it go to invest. From here, we must ensure that what we invest should be something that is truly valuable, and not shit coins. because the risk is too great.

 

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