Ivan

the divine art of “holding” is a psychological process of elimination in which, through many ups & downs in price-action over a long period of time, holders are brought in & shaken out in accordance with their respective belief in the token vs. its price-action until the great majority of holders remaining at the gut-wrenching lows consist primarily of those that sit in the upper-echelon of “belief” in the token; their belief in the token surpasses the intermediate fears that come with negative swings in price — they would rather lose money than give up their belief in the token these conditions are responsible for the “leg up” that a token may make after a period of consolidation — the leg up is the direct result of these conditions being met (outside of a direct catalyst) in the process, many fall victim to fear and end up on the sidelines; fomo-fueled candle-chasers follow (and contribute to momentum) on the way up, and fear-riddled chart-tourists get shaken out (and contribute to momentum) on the way down at the same time, many of the holders that are picked up along the way during consolidation and with each “leg up” do stay, and do believe — they are responsible for the creation of “higher lows” on the chart as the base of believers, in contrast to “tourists” (on the way out), grows and compounds it is a divine process that cannot be skipped, and it is a complete and total requirement that must be met before the price is able to rise beyond a given range it also takes more time than most are willing to wait, which also contributes in its own way, but it greatly rewards those who hold their belief over a long period of time holding is a skill; holding is an art; holding is a divine process, a song that the market must play in its entirety thanks for reading, ily