So many times the long term hodler have been winning the game. The patience that owned by anyone can't be counted even with themselves. it caused by the patience will be following the trend. Sometime when the trend goes even worst than before and it creates fear that will be making people lose their patience and it was making them all to sold or cutloss their investment.
I can't count my patience because i was deciding what should i do based on the trend.
Topic: Do you have patience to count from 1 to 100? - page 4. (Read 872 times)
Patience is the most important factor in cryptocurrency. Yesterday, the price of Bitcoin fell below 30k, but today it is 32.5k in just one day. Those who are less impatient sold their bitcoins yesterday. As a result, today they have nothing to do but regret.
Patience is really important in cryptocurrencies, because mentality is being tested when the market is down like it is today. many novice investors lose their money and lose because they lose their patience. For myself, I'm still learning to control my emotions and always think optimistically about the market conditions that will rise. rather than selling coins at cheap prices it is better to hold because time and the market is constantly changing.
It happens every time whenever the market goes down some people lose their patience and ends up their investment with loss they don't try to understand that nobody can make profit in crypto space without patience that's the simple point they must have to understand especially those new people who thinks that they can become rich overnight which is impossible imo.
but I believe it only applies to people who are new to crypto. while those who already know and understand the crypto market, will not panic. they know when to let go of assets and when to reenter. not necessarily every dump, a lot of people will give up their bitcoins. bitcoin has more value just for profit and loss. some people understand how bitcoin is for the future.
Don't say too much just because you don't have the patience yourself.
From what data do you say many people want to sell their bitcoins? I'm sure it's just your assumption.
look at what is happening in the market, when a correction occurs and then grows again, you should be able to see there is strength in this market. crypto has always grown this way. if you don't have enough guts, you better shut up and just watch.
From what data do you say many people want to sell their bitcoins? I'm sure it's just your assumption.
look at what is happening in the market, when a correction occurs and then grows again, you should be able to see there is strength in this market. crypto has always grown this way. if you don't have enough guts, you better shut up and just watch.
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?
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?
It happens every time whenever the market goes down some people lose their patience and ends up their investment with loss they don't try to understand that nobody can make profit in crypto space without patience that's the simple point they must have to understand especially those new people who thinks that they can become rich overnight which is impossible imo.
patience is more important than any other factor.How do u think of it?
yes that's the most important when it comes investing or trading with crypto currency, because it really need a lot of efforts and time if you want to become successful, wherein it's not because you put your money in it you can take it out anytime you want, nope that's not how it works because market always experience a bad situation and sometimes the entire crypto currency were struggling aswell.. That why it require patience because if you don't have that you are loser and there's no way you can regain all your loss in it if you make a mistake decision.
Before investing, we must also know that every investment has its own risks. The risk of investing in crypto is the ups and downs of the crypto market which can cause losses if we are not patient. But we also don't know when exactly the crypto market will rise again and stabilize, and that makes a lot of people impatient. Some people have more patience and some people feel impatient and things get messy. It's not an easy thing to face the crypto market because it really takes patience and high intuition in it. Therefore, many investors are successful but there are also investors who lose. It all depends on our effort in facing the challenges that exist in the crypto world.
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?
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?
Well, in that case if any of the community here in cryptocurrency are impatience no wonder why they are too frustrated about what is happening now in the price of Bitcoin in the market. But it is true that for the long term holders this thing certainly doesn't matter for them, instead they are positively for it at all time or most likely.
But it is also difficult to determine what long-term means in crypto. I think that the market has defined a whole new scale for what is short-term and what is long-term. When you invest in companies it takes ages to see magnificent results. If a company doubles its market value in a year that is a remarkable result. If Bitcoin "only" doubles its price in a year, it was a bad year for crypto. I find it difficult to even define what a realistic long-term vision for an investment in cryptocurrency could look like. It is just different than the markets we are usually used to. The expectations are outrageous compared to other markets, but kind of normal in this market.
I have always supported cryptocurrency, I do not think this is the end of cryptocurrency, although the 3 points you mentioned it . because bitcoin has proven from year to year can grow well. What's happening right now in my opinion is that some whales want to lower the price of bitcoin, causing a lot of people to panic, and will soon return when some people are already desperate for cryptocurrency.
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?
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
but not a few are still hodl. they still believe that hold is the right choice. those who can't wait are new people buying because of FOMO. for those who are experienced and feel the situation from bull to bear and back to bull again, definitely prefer to hold or buy more whatever the situation.
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?
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?
It is the custom of investors whenever they see some fluctuations in the market they tend to panic and rush to sold their BTC before it's too late. Only those people who are persistent in seeking to get some huge income are still holding right now because they can afford to lose it anyway. Different stories from those who can't afford to lose their capitals. that's why we see some red market nowadays. The fact is, there are many people who actually thought that they will earn a decent amount of income when they invested late in the downfall of the greatest bull run. They're are now doubting about it and starting to lose patience.
As a crypto investors who already experienced a big drop back in 2018, i have stronger mentality to hold right now, because we're sure in 10 years the value of cryptocurrencies we hold is gonna gain a big return, just to make sure we hold strong fundamental coins. So for me it's okay to experienced a market crash once more, i've survived it before. Let's buy more for a brighter future
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?
If the current condition of the Bitcoin price in the market is willing to sell, won't it be a loss?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 don't think this is a good time to sell BTC. If America is currently experiencing a sluggish economy due to the current disease outbreak, I am sure American investors will find a solution.
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 totally agree with you, that patience is the main point in dealing with crypto because we know that crypto is very unstable and can always change quickly. If we do not have very high patience, we will be affected by things that may not be in accordance with what we want.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?
everything is clear that it will change and we can do it because we are always learning so that experience can reduce the bad effects that we might experience.
currently bitcoin is in a position of experiencing a very deep correction so that the price fell almost to -50% from its last ATH, but all are still very optimistic that bitcoin will be able to bounce back by the end of the year. And it will also impact all altcoins, so be prepared to invest, if you haven't already.
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?
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?
Well, in that case if any of the community here in cryptocurrency are impatience no wonder why they are too frustrated about what is happening now in the price of Bitcoin in the market. But it is true that for the long term holders this thing certainly doesn't matter for them, instead they are positively for it at all time or most likely.
If I follow and understand what you mean, long-term investments are not guaranteed and short-term investments can be profitable. If you follow the market developments from the past few years, make long-term investments, only Bitcoin will benefit friends.
I agree with you. The development of the market some time ago, only people who bought BTC at that time were profitable. There is also another, namely ETH. However, long-term investing is not always profitable and suffers losses. Now in a bear market, I can patience to buy coins, do some bounty tasks, or buy some low-priced coins, when the market returns to the bull market, I believe everyone will have unexpected surprises, but this may be a long time.
If I follow and understand what you mean, long-term investments are not guaranteed and short-term investments can be profitable. If you follow the market developments from the past few years, make long-term investments, only Bitcoin will benefit friends.
Now in a bear market, I can patience to buy coins, do some bounty tasks, or buy some low-priced coins, when the market returns to the bull market, I believe everyone will have unexpected surprises, but this may be a long time.
When it comes to long-term investing, I think what you mentioned, I agree. Need more patience if you want to achieve the desire. Given the current market conditions, in addition to patience, it would be even better if you add a lot of knowledge about the development of the investment world.
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