If you don't hold crypto, you won't be rich!

There is a saying in crypto, "Hold is Gold". If you want to build your money you must have a retention mindset. If you can't hold patience here, nothing good will ever bring you here. Because the most important strategy is to be patient and hold. Because you must come and hold at some point. Also if you are planning for long term then you must hold there. Otherwise you will never get good quality returns from here. Moreover, we always know that patience pays off. If you can be patient then you can profit from any market but it will definitely pay off in the long run.

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As we all know one thing that cryptos are famous for volatility. In all these markets you will always see some kind of volatility due to which it is natural that the price of the coins you buy will fluctuate a lot. But if you can't hold then these types of markets are never for you. Because the market is not always going to go up. In fact we think that the market and the coins will only go up after we buy. But in reality our thoughts and expectations are different in reality. It can be seen that when we buy any coin in the market its price only goes down. But our expectations differ. We expect the coins to continue to grow after we buy them. But when the market goes in the opposite direction, there is a kind of panic in us. At that time of course it is very important to hold us. Otherwise we have to face huge losses.

Coming to the present time, perhaps many of us can at least guess why we should take such steps. Because the money in our portfolio was several times higher even a few days ago. But now due to some downs and market crash it is seen that our number has reduced several times from previous positions. For example a few days ago I had about 1200 dollars in my wall but due to its down in the last few days my money is now close to 400 dollars and even a few days ago it was close to 380 dollars. So coming to this position I must hold if I want to recover my money. Besides, if I panic and don't hold, I will surely face a big loss.

Coming to the present time it becomes important for us to hold because as you know there is a bull cycle every four years. As such, we are going to enter our desired bull market within the next few months, although the time may be shorter. So this time if we can be patient and hold on to our coins then hopefully we can recover the losses we are currently in and see a good profit. Also if you can't be patient or hold crypto then you will never get rich. In past cycles too, many coins from this position have given at least five to 100 times profit. So if we can hold at this time then I think it will be very fruitful for us in future and help us generate good amount of money in future.