Answer:
There are two meanings to me. With one I may need to be broken, with the other I hold on. My favorite characteristic is my charming dimple.
What letter comes next: O T T F F S S ?
What goes around and around the wood, but never goes into the wood?
My first keeps time, my second spends time, my whole tells time.
A thousand colored folds stretch toward the sky. Atop a tender strand, rising from the land, until killed by maiden's hand. Perhaps a token of love, perhaps to say goodbye.
I have two eyes in the front and a lot of eyes on my tail