Quote from: dbc23 on December 03, 2022, 05:40:06 PM

To hold especially for an average investor is a strong contention to deal with. Over and again we hear the echo of hold from every where around the crypto industry. Long term will always pay big someday but for the investors who have nothing to spare their investment could be tempting. The urge to withdraw will always come. Sometimes not for pleasure but to solve pressing needs.

Holding of bitcoin is a good thing but not an easy thing to do. Convincing someone or introducing someone to bitcoin may be easy but convincing the person to hold for a very long time might be difficult. I have introduced many people to bitcoin but not more than three of them accepted to invest and wait for the season of bull run to come. Most of the bitcoiner's today lost their money because of impatience, inability to hold their bitcoin for a long period.
I my self, when i started bitcoin investment, it was very hard for me to wait. There was a lot of temptation, discouragement from families and friends that my money will lost. Self descipline was what i applied to hold on for a longer period though i had some other businesses that generates incomd for me.
And today, am happy about my patience.