Hold on to patience even when it feels like wearing off - page 2.

michellee

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Quote from: tiang_tower on January 09, 2020, 02:26:27 AM

Quote from: gedarchitect on January 06, 2020, 04:49:53 PM

Patience is very important in Cryptocurrency. Though it is not easy but with patience things can turn around for good.

Everyone must be patient when they enter the world of cryptocurrency, but everyone has a limit of patience so that when the patience limit is exceeded, people will feel disappointed and go to others.

If one person wants to recover the loss in crypto, he should have patience, no matter if he needs to wait for a long time, he will get what he wants someday. Besides holding his coins, he can also use some money for trade, which can help him to recover too, so he doesn't have to wait for the bull run coming. If he can do that, I am sure that he will recover his losses, and he doesn't have to wait for a long time because he can get the profit from trading.

andycarrol

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Quote from: mamahdedeh on January 09, 2020, 02:56:43 AM

Quote from: andycarrol on January 09, 2020, 02:19:22 AM

Quote from: salad daging on January 09, 2020, 02:00:35 AM

I still hold a certain altcoin because I can't even sell it at a reasonable price, there is no other word but to be patient. for altcoin2 which already has a good daily volume, I try to narrow my interest and trade coins that do have good potential. do not know exactly when this trend will reverse, can only analyze the possibility of Halving as a trigger for a way out for the sustainability of altcoin to achieve better prices.

I also still hold some altcoin whose value has fallen above 80%, it's useless to sell it, so it's better that I keep holding on hoping it can recover at least above 50%.
because I know it will be very difficult for altcoin to recover back to 100%. if that happens it certainly takes a very long time, maybe when bullish happened in 2021 but I don't know.

I also have altcoi which has decreased by more than 70%. for my next step plan if bitcoin goes up and altcoin doesn't go up, then I will sell it, because it seems like there's no hope. for now, I will keep waiting until bitcoin soars. it feels hard for now if I sell it, aside from being worthless, I still have hope that altcoin will rise

it seems like it's common when bitcoin prices up and altcoin down. but after bitcoin rises and then stabilizes, altcoin will follow it. if you decide to sell it, it is better to see first whether they are still active in developing the project, if there is no hope it is better to sell it now.

HabiebRiziq

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Quote from: yulionoo on January 01, 2020, 12:31:01 AM

Quote from: BRODIN on September 23, 2019, 11:46:23 AM

why do people always think patience is the key? I think patience in no way returns the situation back to normal. what you have to do is change your mindset going forward and find a gap to balance when the market is in a bad situation.

because if we don't have patience then we will panic and sell coins at a low price and that will make a bigger loss. and at a bear market like this the best solution is to be patient and hold on waiting for the coins to pump again. if we try to switch to another coin it's the same. because when it is bearish almost all coins have decreased. and what I mean to hold here is to hold bitcoin and altcoin top. because I'm sure the top bitcoin and altcoin still have a chance to pump more.

Patience is needed in investing in cryptocurrency, especially when the price is declining, we must be patient and hold the coins we have for quite a long period of time. But, sometimes there are some people who have a situation where they really need money and inevitably they have to sell the coins they have so they will sell them even if they get a loss and I think this is normal and everyone should be able to calculate their financial condition before deciding to invest.

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Quote from: andycarrol on January 09, 2020, 02:19:22 AM

Quote from: salad daging on January 09, 2020, 02:00:35 AM

I still hold a certain altcoin because I can't even sell it at a reasonable price, there is no other word but to be patient. for altcoin2 which already has a good daily volume, I try to narrow my interest and trade coins that do have good potential. do not know exactly when this trend will reverse, can only analyze the possibility of Halving as a trigger for a way out for the sustainability of altcoin to achieve better prices.

I also still hold some altcoin whose value has fallen above 80%, it's useless to sell it, so it's better that I keep holding on hoping it can recover at least above 50%.
because I know it will be very difficult for altcoin to recover back to 100%. if that happens it certainly takes a very long time, maybe when bullish happened in 2021 but I don't know.

I also have altcoi which has decreased by more than 70%. for my next step plan if bitcoin goes up and altcoin doesn't go up, then I will sell it, because it seems like there's no hope. for now, I will keep waiting until bitcoin soars. it feels hard for now if I sell it, aside from being worthless, I still have hope that altcoin will rise

tiang_tower

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Quote from: gedarchitect on January 06, 2020, 04:49:53 PM

Patience is very important in Cryptocurrency. Though it is not easy but with patience things can turn around for good.

Everyone must be patient when they enter the world of cryptocurrency, but everyone has a limit of patience so that when the patience limit is exceeded, people will feel disappointed and go to others.

andycarrol

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Quote from: salad daging on January 09, 2020, 02:00:35 AM

I still hold a certain altcoin because I can't even sell it at a reasonable price, there is no other word but to be patient. for altcoin2 which already has a good daily volume, I try to narrow my interest and trade coins that do have good potential. do not know exactly when this trend will reverse, can only analyze the possibility of Halving as a trigger for a way out for the sustainability of altcoin to achieve better prices.

I also still hold some altcoin whose value has fallen above 80%, it's useless to sell it, so it's better that I keep holding on hoping it can recover at least above 50%.
because I know it will be very difficult for altcoin to recover back to 100%. if that happens it certainly takes a very long time, maybe when bullish happened in 2021 but I don't know.

affandi

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yes, right, be patient is the first thing to do. but this is not easy as you say. I have been holding altcoin / tokens several times too long, hoping that the price will be good and get a big profit. but it turns out it's selfish, it's better to cut losses from the start and then switch to buying altcoin / other tokens rather than waiting for when altcoin will go up and get big profits. active developers do not guarantee that altcoin will continue to live and have a good price, everything is determined by the market.

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I still hold a certain altcoin because I can't even sell it at a reasonable price, there is no other word but to be patient. for altcoin2 which already has a good daily volume, I try to narrow my interest and trade coins that do have good potential. do not know exactly when this trend will reverse, can only analyze the possibility of Halving as a trigger for a way out for the sustainability of altcoin to achieve better prices.

lienfaye

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Quote from: jameshugo17 on January 06, 2020, 07:35:40 PM

A person who invests in Bitcoin should be patient. But you don't have to be patient. When the price goes up a bit, it may make sense to sell. Because there is no continuous rise. Selling before prices go down makes you profit. Thought the prices can buy again.

Well it depends on your strategy, we dont necessary need to wait longer when holding bitcoin. If you see the price is increasing then sell and take profit, buy back when the price decline. But some investors prefer to hold for long period just like me because its less stress in my part.

When it comes to altcoins I chose to hold for long term but it seems I made the wrong decision because I missed the chance to sell when my assets has still a good value. Now im waiting for the price to bounce back again and hopefully this year would be good for alts.

bobyhodob

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Quote from: lousie9 on January 08, 2020, 11:44:14 PM

Of course if we trade long-term, of course we must be patient because patience is the key to our success because by being patient we are not carried away by the negative atmosphere when a lot of negative news hits altcoin, of course it won't last long because this year may be the year of the rise of altcoin , although Bitcoin still dominates until now.

long-term or short-term investment is still have risky
but if you have good knowledge it won't be a problem too much.
yeah right this year will promise to be able to benefit from trading

lousie9

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Of course if we trade long-term, of course we must be patient because patience is the key to our success because by being patient we are not carried away by the negative atmosphere when a lot of negative news hits altcoin, of course it won't last long because this year may be the year of the rise of altcoin , although Bitcoin still dominates until now.

bohr

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Quote from: Lauren Smith on January 05, 2020, 02:40:40 PM

The problem is you can have all the patience in the world. If it's a bad coin it's still a bad coin and no amount of waiting will change that. Only ever hold onto alt currencies of the currency is connected to a working and evolving project that is going forward with their plans and not at a stand still. If you hold a currency that is going nowhere the price will just continue to drop.

This is very important, while there is nothing wrong with holding your coins and wait until the moment they recover many are trying to apply that strategy to coins that are really bad and no amount of patience is going to convert those coins into good coins, so we need to understand the difference, if you invested in a coin just to speculate with it then as soon as the price goes against your prediction then you need to sell and take the loss but if you buy a coin with the intention of holding it for the long term then you need to make sure it is a good coin.

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Quote from: jameshugo17 on January 06, 2020, 07:35:40 PM

A person who invests in Bitcoin should be patient. But you don't have to be patient. When the price goes up a bit, it may make sense to sell. Because there is no continuous rise. Selling before prices go down makes you profit. Thought the prices can buy again.

patience and also accuracy when making investments are important, accuracy when making purchases and sales becomes important and patience becomes important when making a hold. and wiser to determine the selling price, because seeking high profits will also be difficult when the time is not potential.

radjie

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Quote from: nutriagrigia on January 02, 2020, 03:11:47 PM

Quote from: karanggatak on January 02, 2020, 04:43:05 AM

investing in the cryptocurrency market requires patience when we are in the bear market as it is today. and as a result of this bear market almost altcoin altogether has lost its value. if I don't have patience then maybe I have sold all my altcoins. until now I still hold my altcoin and hope that this year the altcoin market returns to green and the coins I hold can pump. and I think altcoin will pump after a bitcoin bull run. and we don't know when that will happen? therefore we must be patient and wait.

It’s important to understand which altcoins you are holding. I don’t know the list of coins that you have, but perhaps many people should sell the coins that they now have in their wallets and buy others. because 2018 - 2019 were very difficult for altcoins and I think that so many projects died a long time ago, but no one announced it

yes, if the altcoin we hold is a potential altcoin, there is certainly hope to be able to benefit in the future for us to hold it for a long time even though the current market price is always declining. because after all if bitcoin experiences an automatic increase in some potential altcoins it will certainly follow the same thing behind bitcoin

jameshugo17

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A person who invests in Bitcoin should be patient. But you don't have to be patient. When the price goes up a bit, it may make sense to sell. Because there is no continuous rise. Selling before prices go down makes you profit. Thought the prices can buy again.

abeecrypto

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The patient dog, they say, eat the fattest bone. But I have someone say, ‘this days, patient dogs aren’t left with any bone to eat’. Lol. I bet they are just kidding.
I agree with you. Patience is great virtue. It is for the strong hearted. It is about believing in what you have worked for or invested in, and waiting for it ripen.
In the crypto world, you have got to be patient to eat the big biscuit.

gedarchitect

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Patience is very important in Cryptocurrency. Though it is not easy but with patience things can turn around for good.

Lauren Smith

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The problem is you can have all the patience in the world. If it's a bad coin it's still a bad coin and no amount of waiting will change that. Only ever hold onto alt currencies of the currency is connected to a working and evolving project that is going forward with their plans and not at a stand still. If you hold a currency that is going nowhere the price will just continue to drop.

bohr

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Quote from: el kaka22 on December 31, 2019, 12:48:41 PM

This is exactly how the rich people make their money. They destroy the market as much as they can and then keep it at low as long as they can and as soon as people lose all their hopes they start to buy as much as they can while increasing the price (well when you buy that much it increases obviously) and that is how they become rich and stay rich, by manipulating peoples minds while manipulating the prices as well.

Reality is if we all together somehow hold off and not get destroyed then we can actually beat them, we are powerful enough economically but more importantly we are more powerful if we are not biting on their mental games. It is seriously a very questionable think because it is easier for whales since they are few people but can we actually do it with hundreds of thousands of people? So far we haven't but maybe one day we may achieve that.

And it is because of this open manipulation of the market that holding your coins is recommended as a strategy to counter that manipulation, however some believe that you can hold any coin and obtain good results and that is not really accurate, holding your coins only works with bitcoin and a few good altcoins for the rest of the coins if you apply that strategy then you are going to lose all your money but instead of losing it to the whales you will lose it to the scammers.

nutriagrigia

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Quote from: karanggatak on January 02, 2020, 04:43:05 AM

investing in the cryptocurrency market requires patience when we are in the bear market as it is today. and as a result of this bear market almost altcoin altogether has lost its value. if I don't have patience then maybe I have sold all my altcoins. until now I still hold my altcoin and hope that this year the altcoin market returns to green and the coins I hold can pump. and I think altcoin will pump after a bitcoin bull run. and we don't know when that will happen? therefore we must be patient and wait.

It’s important to understand which altcoins you are holding. I don’t know the list of coins that you have, but perhaps many people should sell the coins that they now have in their wallets and buy others. because 2018 - 2019 were very difficult for altcoins and I think that so many projects died a long time ago, but no one announced it

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