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Topic: Be patient and you will be there soon. - page 7. (Read 1067 times)

sr. member
Activity: 1974
Merit: 450
July 17, 2023, 03:15:34 PM
#35
Regardless of the word patience or whatever it is I just want to enjoy my journey in bitcoin without any distractions.
Currently, many say about patience but I don't really care about whatever it's called the most important thing is that I am in bitcoin and I am happy to live it regardless of whether it includes patience or not I don't really care about it.
At the moment I am just sticking to my choice and I still think my choice in being in bitcoin is correct. for other things I don't really care about it.
legendary
Activity: 1064
Merit: 1228
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July 17, 2023, 03:09:03 PM
#34
If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Some investors will sell - but I'm pretty sure I won't. Given the volatility of bitcoin prices - selling your bitcoin at $40k can never be considered a mistake. The price could have corrected for a number of reasons - it was like today that the bitcoin price almost touched $29,600.

This strategy can be used to build your portfolio, especially in an effort to increase the amount of bitcoin you hold. But I also believe that - if you are patient in the long term then you will get bigger returns. Remember this one - there will be selling along the way if investors and traders profit from the price increase even if the price doesn't touch $100k.
hero member
Activity: 994
Merit: 701
July 17, 2023, 02:31:38 PM
#33
If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Everyone has their target goal on when to sell their bitcoin after holding for a long time. Patience is indeed required to make that happen overtime. When one builds the virtue of patient in them while investing, they’ll reap a good reward when the price begins to move upward above their invested capital price value.

Bitcoin reaching the $100K price will undoubtedly come to pass but one has to exercise patient and control their emotions over market volatility before they’ll eventually hit that target.
hero member
Activity: 1386
Merit: 731
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July 17, 2023, 02:02:59 PM
#32
The cryptocurrency business has to with a patient, if you can hold you won't be making much profit in
crypto, especially Bitcoin, base you're topic, patient is the key, which I supported.
Just because it is more difficult to get instant profits in cryptocurrency, so you have to apply greater patience in the cryptocurrency business. Because every profit in cryptocurrency can only be achieved with struggle and also with enough patience so that profits can be obtained, but if there is no struggle and patience and consistency, I think no profit can be expected in the cryptocurrency business.
There is no struggle, but it takes patience. I mean, you don't need to fight price volatility, but you just need to be more patient not to sell at a low price especially during a correction. Wait and wait and accumulate if you have more of a reserve budget it will allow you to get a return. However, you have to be quite prepared with all the consequences if one day you will be under, especially when the price is not what you want, but in the long run I believe you will get a return.

Becoming an investor is never easy if someone has no experience and doesn't know about risk management. However, every investor has a different risk tolerance so that nothing can really be used as a guideline when other people share their experiences.
hero member
Activity: 826
Merit: 481
July 17, 2023, 02:01:55 PM
#31
Patient is one of the key every BTC holders must embrace when waiting for the bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell.
To be a long-term Bitcoin holder,  one of the features you must build in yourself is how to create a motivation around the technology called Bitcoin to a point that the price at whatever time doesn't concern you any more and as long as you study and master the DCA approach to the market and holding more 60% of total investment in Bitcoin and retaining a balanced ground that will put everything in check.


Motivation for long-term holding is what guarantees long-term financial stabilities so for that it is very important to have a long-term view in mind at whatever time,  so at whatever point one needs to focus on the market,  and having a timing plan that could survive the market and economic demands on your total holding.
hero member
Activity: 2338
Merit: 737
July 17, 2023, 11:27:14 AM
#30
The cryptocurrency business has to with a patient, if you can hold you won't be making much profit in
crypto, especially Bitcoin, base you're topic, patient is the key, which I supported.
Just because it is more difficult to get instant profits in cryptocurrency, so you have to apply greater patience in the cryptocurrency business. Because every profit in cryptocurrency can only be achieved with struggle and also with enough patience so that profits can be obtained, but if there is no struggle and patience and consistency, I think no profit can be expected in the cryptocurrency business.

The most abstinence is carried away motion. that's what most avoided besides being patient to achieve what we have planned. Yes. Investing in BTC is a long term investment. if we are careless and impatient, a lot of time will be wasted. and this is a game of time and phiskiologist.
More precisely not to be carried away, but rather to be carried away by the influence of other people so that some people often use the wrong steps. Even though the steps he has prepared himself are good enough to be implemented wisely as long as he has made his own considerations and research on what he will invest. Because the name of investment is not only about time and patience, but also about money capital which can be lost when there is a correction in the market. So in addition to patience to survive in the long term, an investor must also be able to refrain from being directly influenced by what other people say.
full member
Activity: 1358
Merit: 207
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July 17, 2023, 11:26:20 AM
#29
Quote from: Wiwo
First, you have been in this forum for long to know the right boards to create your topic,  because as far as I know this thread belongs to Bitcoin speculations and not the altcoin board
Simple direction, move this topic to Bitcoin speculation, which one is you have been in this forum for long, like you didn't experience newbies stage in this forum Thanks for your correction I have done that man.
sr. member
Activity: 1820
Merit: 436
July 17, 2023, 11:00:27 AM
#28
Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

The bear market is always the hardest part because you just feel like the market was not moving and in most of every pump in the market there was an opposite dute it could be a good opportunity for daily traders for sure but for long-term investors this is where they HODL and just start to accumulate more bitcoin for profit waiting for Bullrun. If sure are lucky since you are able to buy bitcoin at the price of 20k$ I did buy some when the price dropped to around 15k$ which is a great buy considering the market price of bitcoin today was around 30k$.

Honestly, it was not guaranteed that the market price is going to skyrocket, but it's always great to position yourself in the market and accumulate Bitcoin while the market price is still low, It might take years before the Bull run but the Bitcoin halving event might be a good indication, I think it could trigger the market price of bitcoin for sure looking at the past halving it did trigger it, but still wasn't guarantee if it even going to reach the all-time high or even 100k$ but still it is an indication, at the end of the day no one knows so just accumulate and HODL!
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
July 17, 2023, 10:40:11 AM
#27
If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

It depends on the purpose that a hodler is hodling the coin. If you want to sell on a short time and it reaches the price of $40k, it is a good time to sell but where you want to wait for the long hull during the bull then such price wouldn't be good for sell. $100k is not a long time going by the last bull run that it got to $64k. This time, the expectation is higher than before so I'm optimistic that $100k will be easily touch after 2024.
full member
Activity: 392
Merit: 130
PredX - AI-Powered Prediction Market
July 17, 2023, 09:28:09 AM
#26
The cryptocurrency business has to with a patient, if you can hold you won't be making much profit in
crypto, especially Bitcoin, base you're topic, patient is the key, which I supported.

The most abstinence is carried away motion. that's what most avoided besides being patient to achieve what we have planned. Yes. Investing in BTC is a long term investment. if we are careless and impatient, a lot of time will be wasted. and this is a game of time and phiskiologist.
hero member
Activity: 2744
Merit: 588
July 17, 2023, 08:36:04 AM
#25
Listen, mate, there are mainly two types of investors. one who does short-term trading and another who invests for the long term. According to me, bitcoins are basically meant for long-term investment. If you are a short-term trader who trades more often, then alt-coins are the best thing that you can trade on. For long-term traders, the price doesn’t matter at all. We have seen bitcoins rise from literally zero and turn into a high-value digital asset. So yes, we have patience and will hold the bitcoins as long as we can. Hence, we will make the most profit out of it.

Most long-time holders are financially capable as they can afford to wait for years without touching their coins.
They are the fortunate ones as they don't have to worry about the roller-coaster ride in the market that you can see everyday.
Also, they are mostly firm believers on this market. Because if you have no strong conviction that this market will pull off in the future,
you won't leave your funds into this market. So they are just waiting for the right timing to earn their profits.
Whereas, for short-term traders, they are after for the profits that they can get so they can turn around their initial funds.
Usually, they want a fast pace environment just like the crypto trading, because for them, waiting is vain and waste of time.
copper member
Activity: 2268
Merit: 539
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July 17, 2023, 07:56:36 AM
#24
Listen, mate, there are mainly two types of investors. one who does short-term trading and another who invests for the long term. According to me, bitcoins are basically meant for long-term investment. If you are a short-term trader who trades more often, then alt-coins are the best thing that you can trade on. For long-term traders, the price doesn’t matter at all. We have seen bitcoins rise from literally zero and turn into a high-value digital asset. So yes, we have patience and will hold the bitcoins as long as we can. Hence, we will make the most profit out of it.
legendary
Activity: 3416
Merit: 1225
July 17, 2023, 07:34:16 AM
#23
I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

The one thing that will break our momentum to hold until it reaches $100k is the market volatility and FUD, we never want to miss our accumulated profit, it's ok to HODL but if you keep missing your accumulated profit and you dedicated your coins to holding until reaches a specific price is not good and you are losing a lot, we have to realize our profit from time to time, this is the reason why we need to follow the chart and the market.
The theory of buy low and sell high always applies here in Cryptocurrency, it's not your dedication to making a profit in the future but to gaining a little profit when you can as the market moves from bear to bull.
hero member
Activity: 1862
Merit: 601
The Martian Child
July 17, 2023, 06:42:26 AM
#22
Yeah, being patient is the key. And I am considering this year and even the previous year where the market is still far compared to bullish years, a blessing in disguise where we can grind harder in order to invest more. I am not sure if bitcoin at $100k is attainable in this cycle, maybe $90k+ but still it is many times growth to our capital if we already started investing. I am doing a monthly DCA but I felt like I need more money to invest. My investment might grow 400% but this might not be that big depending on the amount we are investing. I am looking for something big, a life-changing profit is my goal this coming bull run.
hero member
Activity: 2716
Merit: 552
July 17, 2023, 06:11:37 AM
#21
Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Bitcoin is considered as the safest asset to put your money into here in crypto space, because it's value has been appreciating every year passed. However, it is still advisable to invest you what you can afford to lose because nobody knows when will bitcoin will pump again, thus your money will be considered at temporary loss especially when the market is down. It's not only the patience that will be tested when your holding bitcoin, but also your understanding about bitcoin price movement. If one is aiming for $100, he must keep his bag tight in the next at least 5 years. There' still definitely no guarantee that bitcoin will hit that mark this coming halving, which everyone is anticipating for another bull run.
hero member
Activity: 1316
Merit: 787
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July 17, 2023, 05:47:36 AM
#20
If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
It is self-evident that patience is a very important factor for an investor in the investment world.
Without patience, the goal of making a profit in investing will not be achieved.

Perhaps there will be some hesitation when the price of Bitcoin is already at $35,000. Doubts will arise at this stage where the choice between selling or not but all of that is returned to each individual to how confident in his decision behind the strategy they use.
In situations like this, patience and the ability to analyze thoroughly are needed.
Personally, when the price has reached $40,000, it is very close to the holding target that I set and it is likely that I will continue the holding target.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
July 17, 2023, 04:56:44 AM
#19
If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
No, it's too low even though I bought below that price but it's not our target price of $40K, by selling at that price the profit is not multiplying I want more than that then I won't sell and it's better to stay HODL.

$100K is what I want to see become an all-time price again even more than that I think, waiting for the halving is the most appropriate for now rather than selling at the end of the year now, even when the price has reached $40K I will still continue to buy bitcoin to accumulate this is still below ATH in 2021 so I think it is still a low price.

For now, keep HODL and wait for the peak.
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
July 17, 2023, 04:53:16 AM
#18
I won't sell at 40k or 60k, it's still a long way off where 100k is already a lot to look forward to in the upcoming bull.
-snip-
$100k was the ATH target that I wanted to achieve as well.
I started to buy in gradually and collect the fees from the signature campaign for the long term until the $100k target was reached.

I believe $100k is the ideal target for the next ATH.
Seeing how the Bitcoin trend is recovering and plus next year is the 4th Bitcoin Halving.

Holding Bitcoin for the long term has nothing to lose as long as you buy with money that is not used for other purposes.
sr. member
Activity: 686
Merit: 403
July 17, 2023, 04:25:48 AM
#17
It's near impossible to time the market and that's why I don't want to have a plan of when, all I know about right now is buying the dips, I even pray for more dips to happen because I believe that we don't have the time, the halving season is coming and this year might be the last time to buy at a good price, although a part of me still wants a big crumble in the market, still I don't wait on my hands for that dream to come true, it may never happen, that's why I keep buying already and I will keep doing so till 2024, I am ready for whatever it's going to cost or take.

Focus more on buying the dips, if this is all that you cares about right now, your patience will be on auto, because there is no reason to be in haste, you aren't done accumulating so the longer the bear market the better you will keep preparing.
sr. member
Activity: 1246
Merit: 262
July 17, 2023, 03:57:06 AM
#16
There are not option have to do exactly for investor or bitcoin holder bough on higher price above $50k to $60k, but profitable for holder have buy back when bitcoin drop around $20k and their patience is most profitable. Patient is the key how to be success investment at the future but our position who bought Bitcoin around higher price not have to do except hold and keep waiting until bitcoin back to higher price. But still have any investors can't patience and waiting for until bitcoin recovering and back to higher price.

I believe with Bitcoin opportunities back to higher price, near time with bitcoin halving will bring good impact bitcoin back to $50k or wake up until $60 in next year.
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