The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.
Knowing when to hodl, when not to hodl is an important skill you need.
Not that alone, if you don't have the mind, there's no way you can hold. Crypto is very volatile, hence not everyone can handle - 30% of their funds. They become depressed, regrets set in and give up, some sold at loss and give up on crypto.
Those who bought at peak on last btc bull run, you often hear some noobs that crypto is a scam investment, some claim you have to hold for eternity before you could gain.
In cryptocurrency, you need patience and mind. Be ready for what comes after.
Don't invest what you cannot afford to loooseI really like this, "Don't invest what you cannot afford to looose" because it is the foundation of all business
So every time you make an investment you must be ready to lose your money at any time even if you have to lose your assets within 1 second
I think any asset can lose its value in a very short time
in cryptocurrency if you are ready to lose your assets it means you are ready to make a profit. it's all about risk and whatever you do has risks