Do you have patience to count from 1 to 100? - page 3.

Pelana vreo

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Quote from: ARTURVH on July 20, 2021, 11:19:43 PM

-snip-

That's right, Some big investors that we usually call whales already have long term plans of about 5 to 10 years in the future when they invest in Bitcoin and other new altcoins, I saw some Holders with large amounts of bitcoins and they still keep them until now, planing and patience is an important factor and don't be easily hit by FUD, when an investor panics seeing the current situation, they will sell it, it's better to trade and take a little profit than selling everything for fear of losing

danherbias07

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They sell their Bitcoin and lose patience with cryptocurrencies. So, where would they put their money? In bank? Where or what could be the best option now to invest it? I know it's not gambling too.
I think this only has something to do with the climb of number of altcoins out there. The money is being diversified and it's not a bad thing in my opinion.
Everyone has their own choice where they want to put their money in or even risk it for a better expectation in the future or short-term.
But, I doubt that money is gone in the crypto industry. It's still there, we just can't point out where exactly.

Wakate

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Patient is really important in holding and the sole feature of a good investor, the ability to wait and observe the nature of things before acting. Bitcoin movement had showed me how to be patient if truely one want to make long lasting money in cryptocurrency without having to regret. Just imagine after selling your coin, the market took off and went higher than your expectations. This could call for regret!

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Quote from: Cling18 on July 24, 2021, 10:11:52 AM

There are lots of events and bad situations that could affect the price of Bitcoin but only those who fully trust and know everything about it would have the courage and patience to wait for the right time to sell. Holding is necessary especially when the price drops because of investors' fear. We've seen how it worked and moved for years so we shouldn't feel afraid if ever the same thing happens.

for those investors who have long seen how bitcoin and the crypto market work. of course, they will not feel panic or worry about a dump. with the right assets, the confidence to return to planning for profits will definitely be achieved. everything I think just depends on our psychology in dealing with what is happening in the market.

Cling18

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There are lots of events and bad situations that could affect the price of Bitcoin but only those who fully trust and know everything about it would have the courage and patience to wait for the right time to sell. Holding is necessary especially when the price drops because of investors' fear. We've seen how it worked and moved for years so we shouldn't feel afraid if ever the same thing happens.

michellee

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We need to have patience when we invest in crypto because we can not expect the crypto price will always increase. The crypto price will always fluctuate and we do not know when it will up or down but we can analyze where the market will move. At this moment, we really need to have more patient because the price is not unpredictable. Patience will reward us in the future so we need to control ourselves and not panic if there is a news release.

xZork

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Quote from: ARTURVH on July 20, 2021, 11:19:43 PM

But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

It is clear that patience is essential in all aspects of life, in the cryptocurrency market the majority of wins are for those with knowledge and patience.
The majority of impatient people get caught up in FOMO and lose money.

erep

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Quote from: ?? on ??

I think its not about patience anymore, many investor have another urgency to cashout for this long pandemic survival and force them to sell it.
But i agree patience is important because if the condition became better, the economic will recover and the funds will come back to investment area.

I think the pandemic has been cashing in on crypto investments for survival purposes, they have tried to do their best to provide for primary needs and if one day when the economy recovers then very sure they will re-inject funds into crypto.

isaac_clarke22

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There are just those lucky ones that don't mind hodling for long even during the pandemic. You know, the privileged ones.
Actually depending on Bitcoin to save one from pandemic's economic effect isn't gonna help. Online jobs should be the one they are looking for not a risky ones like these.

Brus123

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Quote from: ARTURVH on July 20, 2021, 11:19:43 PM

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

You are absolutely right, I think that strong holders will be definitely rewarded after a long wait. We just should believe in this market, see potential for growth and a promising future, and I am sure we will benefit. On the other hand, it is better not to hold all assets in the crypto, but diversify between different assets. Or at least choose different projects on this market!

DPrillio

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Quote from: ARTURVH on July 20, 2021, 11:19:43 PM

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

I think its not about patience anymore, many investor have another urgency to cashout for this long pandemic survival and force them to sell it.
But i agree patience is important because if the condition became better, the economic will recover and the funds will come back to investment area.

Just try to think the golden rule. Never sale at lost unless there is an emergency, there is no need to worry in crypto of having fear that will disapper someday because there is a possibility that the worlds future of money is crypto currency, all we have to do is learn how to coup its volatility and patience in holding is a must.

ARTURVH

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Quote from: TravelMug on July 20, 2021, 11:30:39 PM

Quote from: ARTURVH on July 20, 2021, 11:19:43 PM

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

Patience is one key element for every crypto investors, and then we have emotions as well. We need to fight back and not panic if we ever see our portfolio going down -50% or more, specially in the last two months.

That's why many have been preaching the crypto investments is not for the faint of heart. and we should look for our investments in long term, stick to that plan and have the patience in order to win in this game.

Agreed.Patience and emotions ,long term plan.That's the most important factor.

nomenclatur

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Patience is the key to successful investment in cryptocurrency, waiting for the right moments will make it easier to get profits, it only takes time to see prices go up and requires a strong mentality to be able to hold on longer to be able to produce big profits later, many things can increase or decrease if they go down, more It's good to hold for several years in order to get the maximum profit, that's the right choice.

Viscore

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Quote from: leatutz on July 22, 2021, 04:22:23 PM

What I believe is that history always teaches us properly, but we don't actually get it. The Cryptocurrency market will make bullrun again in 2-3 months. So we should wait patiently until the next bullrun. I'm praying to get another payment in a few weeks, so that I can invest in my favorite coins.

There's no point in investing if we can't be patient l enough because if we will be totally affected whenever dumps bound to happen and resort into panic selling, then we will get losses in the end.

I chose to hodl my investments whatever it takes. But if i see no profits still in a long term, then that's the time i will think of other alternatives to make my crypto investments work.

leatutz

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What I believe is that history always teaches us properly, but we don't actually get it. The Cryptocurrency market will make bullrun again in 2-3 months. So we should wait patiently until the next bullrun. I'm praying to get another payment in a few weeks, so that I can invest in my favorite coins.

Princejebs

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Quote from: ARTURVH on July 20, 2021, 11:19:43 PM

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

Patience is virtue and for one to practice that, you need to be emotionally discipline, one must close eye to every mini pump.
Though, it's really annoying when you see your portfolio decreasing and not following your expectations. I can't even imagine seeing my Portfolio at btc $60, and refuse to sell and then wake up one day to see everything has plummet is painful and challenging.
If you are believer, hold till we reach mainstream, I think bitcoin will be scares by then.

bahagia93

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Quote from: Evgenklm on July 22, 2021, 03:35:17 PM

And today bitcoin is trading at $ 31-32 thousand, you should not give in to panic and you need to be patient, because bitcoin has not been through such difficulties, I am sure the one who has nerves of steel will win and will just wait ... Roll Eyes

That's right, there's no need to panic because of this, because Bitcoin can still exceed the current price in the future, although the opposite can also happen in the future, but for those who have already bought at a high price, then I think they still panic until now.

Evgenklm

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And today bitcoin is trading at $ 31-32 thousand, you should not give in to panic and you need to be patient, because bitcoin has not been through such difficulties, I am sure the one who has nerves of steel will win and will just wait ... Roll Eyes

Teknisi88

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Quote from: ARTURVH on July 20, 2021, 11:19:43 PM

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

I think the time for a sluggish country's economy will surely come to recover or stabilize again. Even high inflation will be normal as usual. Then the problem of the spread of disease outbreaks, in fact it is not only America that has an impact, but almost all countries also feel the effects.
Patience will pay off sweetly in time if you are able to be patient. Because every activity will surely encounter problems and obstacles in it, but if you are able to be patient you will enjoy satisfactory results with cryptocurrency
Hopefully cryptocurrency can increase again.

Dread Pirate Roberts

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Bitcoin has repeatedly achieve possibilities that others doubt. when it goes viral and everyone buys bitcoin and the market conditions don't match their expectations, they eventually attack bitcoin and doubt bitcoin. they must know bitcoin is not the way they get instant money by only holding a few days, weeks or months. if you really believe bitcoin just hold for a very long time. So far, the winner is always the holder.

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