The Slovenian striker joined the Bluebirds on a four-year contract in July 2012.
He was, however, to find first team opportunities hard to come by in south Wales and spent much of his debut campaign kicking his heels on the sidelines.
Velikonja is aware that he is likely to find it even tougher to earn recognition next term, with Cardiff having secured promotion to the Premier League.
The 24-year-old is up for the challenge, though, and insists he will only consider a switch elsewhere if he finds himself forced further down Malky Mackay's attacking pecking order.
Velikonja told Sportal: "My first goal is to be among the players who are in the squad for the Premier League.
"I'm working hard to succeed but I know that sometimes that is not enough.
"My status is likely to depend on arrivals, but I will not give up easily. I never have before and I never will.
"I know I am good enough so I will fight for my place. If I don't get a lot of opportunities then I will have to find another solution. However, I'm not thinking about that right now."