You must have a source of income if you must succeed in your holdings.
For the few years I have been into cryptocurrency, I have discovered that you can't hold till the right time if your don't have a source of income. Just imagine that you have a pressing basic needs like feeding or rent, then you don't have money to finance it, you will be forced to sell your Bitcoin at a loss if you don't have a source of income outside your holdings.
Most people that have sold their Bitcoin holdings at a loss or at an average price actually have the patience but don't have the knowledge of how to hold, because a good holder must be aware that he needs a source of income for him to be able to consolidate to his holdings.
It has happened to me severally, I have been able to hold now, since I started working as a merchandiser with Guinness, I think most times, experience is the best teacher.
However, as an individual, you should understand bitcoin before you buy it or even consider buying it. If you claim to understand bitcoin and are still unable to hold onto it for an extended period of time, you may not fully understand it. Bitcoin is the kind of investment that you will be able to make before you buy it. Some people lack sources of income, but as soon as they hear about it, they will jump into it because they have heard about the bull run and how much money was made from it. Yes, bitcoin can be very profitable, but it is not for those who are not patient enough or hold for a long time.
I've seen a lot of people invest in bitcoin and then sell it for no profit, which is a sign that they lack patience or are simply incapable of making an investment in it. Some people, on the other hand, have sources of income but still sell their bitcoin whenever a bull run starts or the price rises; I think this indicates that some people don't think long term, and for those who are incapable of holding, I even advise staying away from bitcoin because that is not the proper way to hold the cryptocurrency.