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Topic: Is patience really a personal business in Crypto? (Read 1073 times)

hero member
Activity: 2548
Merit: 585
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Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?
In my opinion it's a combination of everything.. It's almost impossible to make a fortune from cryptocurrency without investing a bit of patience and effort. It's not smart work because sometimes luck come into play..
Exactly. You need to have patience in addition to few other thing like investment in the best coin, low initial cost of investment and ability to cash out at the highest value. This helps because you make the maximum and the best out of your investment. HODL helps you accumulate more money as the value of the coins you HODL rise.
full member
Activity: 420
Merit: 101
In my own understanding, both are needed in order for one to succed.
First, you have to be smart to know what you are doing and how you are going to do it. Then secondly, you have to be patient in order to get a favourable results. So smart work and patience works hand in hand to grant users good fortune.
sr. member
Activity: 630
Merit: 250
Glad to see you
patience is really very important qualities in a person, especially in the world of cryptocurrency, but it is everyone’s business to test it or not
full member
Activity: 714
Merit: 114
Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?

It is a job that needs both things to be mentioned, smart in buying or selling, needing to capture technical information and analysis. Next patience helps you not to ignore the feelings of yourself and fomo following the market

Investing is too easy compare to bounty hunting . Id  say investing is easy because there are too many legit reference of chosing a coin to invest  . It doesnt need any in depth knowledge and you can blindly invest your capital on the coins that is popular ( bitcoin for example ) if you arent sure of other coins  . While on the other hand , bounties need patience and really good knowledge because you need to understand if what their project is all about and you need to hunt for other details to see if they are legit or fake  .
sr. member
Activity: 474
Merit: 250
Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?

It is a job that needs both things to be mentioned, smart in buying or selling, needing to capture technical information and analysis. Next patience helps you not to ignore the feelings of yourself and fomo following the market
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
Crypto industry is a financial  industry where to earn money you have to be patience after investing. As money cannot get double in single way so you have to be very selective whole choosing good project to invest. Also if you keep fund with one or two coin then they also get sufficient time to grow and give handsome return in future
You correctly say that the industry in which patience is required, but you did not mention that people also need to spend a lot of time on education. those who are not studying even with patience will not be able to earn anything
copper member
Activity: 378
Merit: 0
Crypto industry is a financial  industry where to earn money you have to be patience after investing. As money cannot get double in single way so you have to be very selective whole choosing good project to invest. Also if you keep fund with one or two coin then they also get sufficient time to grow and give handsome return in future
jr. member
Activity: 406
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Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?
In my opinion it's a combination of everything.. It's almost impossible to make a fortune from cryptocurrency without investing a bit of patience and effort. It's not smart work because sometimes luck come into play..
hero member
Activity: 2898
Merit: 567
Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?

Yes patience plays a crucial role, in cryptocurrency, if you have and you can control selling your coins and waiting patiently for development of the coin you are supporting, you are going to be rewarded, I have seen so many people selling so early only to regret later.
hero member
Activity: 1134
Merit: 515
Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?
Maybe you should work smart and have patience as well, cause the both of them can help you to go a long way. Let me give you an example to show that the both of them are important - so let's assume that you decided to go cryptocurrency hodl and you're nor really smart and ended up buying the coin when it is already at its peak and you decide that you are going to have patience, but unfortunately the price falls, that's a disappointment which occurred due to your not being so smart. Sp you have to be smart, invest at the right time and then have patience till you reap what you have sowed.
full member
Activity: 1106
Merit: 166
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Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?
not only in cryptocurrency the patience plays the important role in every field if you don't have this quality in your life then the struggles will definitely makes you more tension and angry this will take you to the bad decision taking ability in your life that's why it is important for blockchain Crypto profits.
member
Activity: 854
Merit: 21
In as much as you should buckle down, having persistence is a key trademark you ought to have if you want to invest profitably in cryptocurrencies.
I think bounty hunters are unsung heroes because they promote a lot of projects and some take months to complete but are seldom compensated properly. However, it is important to, be smart, that is realizing when to hold or sell dependent on the data you can see from the network is a key factor to prevailing in bounty business.
member
Activity: 623
Merit: 11
Proof-of-Stake Blockchain Network
Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?

Profit in cryptocurrencies is an explosive mixture of mind and calculation, luck, patience and prudence, as well as maintaining calm. People possessing the above qualities will always be able to earn in the cryptocurrency market. Who does not have these qualities, that person needs to try to develop them and learn to behave patiently and prudently.
member
Activity: 555
Merit: 12
Firstly, you mentioned forks, I believe it's a mistake, you meant folks. In crypto, whether trading or engaging in other activities to earn, you need both patience and smart work. Smart work in the sense that you should always do some calculations before taking investment risk and patience when holding coins with great potentials.
hero member
Activity: 1148
Merit: 523
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It seems to me that patience is a personal matter.  Hto how much she wants and can that much tolerates.  There is no such thing that everyone must endure a certain amount of time.  This is all very relative and everyone decides for himself what to do and how much to endure.

But this personal concern made many people millionaire since the buy and hodl it for long term. In the crypto field, we need to understand that bitcoin and any altcoins need to invest for the long term.

Not only this still we need to little aware while there is signal for any coin to reach the peak.
If you find the big growth you may invest in such coin before that coin grows to big and make money out of it.
sr. member
Activity: 1056
Merit: 251
It seems to me that patience is a personal matter.  Hto how much she wants and can that much tolerates.  There is no such thing that everyone must endure a certain amount of time.  This is all very relative and everyone decides for himself what to do and how much to endure.
hero member
Activity: 938
Merit: 500
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Success comes to any trader or investor who has hidden qualities that are essential to me in the crypto market. Patience is probably the key to helping you open the door to success. Because when the market becomes bad, losing your temper and panic will make you lose your temper. This often leads to failure.

Patience and calmness will be useful to a person in any field of activity. They are especially valued in the crypto market, where price fluctuations can cause an emotional outburst in an impatient person, leading to rash actions due to panic. Therefore, controlling emotions is very important.
But a very large flow of information is on the market. Bitcoin was buried 100 times already at least. It is not easy to remain calm in this market.
full member
Activity: 714
Merit: 101
Success comes to any trader or investor who has hidden qualities that are essential to me in the crypto market. Patience is probably the key to helping you open the door to success. Because when the market becomes bad, losing your temper and panic will make you lose your temper. This often leads to failure.

Patience and calmness will be useful to a person in any field of activity. They are especially valued in the crypto market, where price fluctuations can cause an emotional outburst in an impatient person, leading to rash actions due to panic. Therefore, controlling emotions is very important.
hero member
Activity: 1204
Merit: 505
You can't be successful in every business without hardwork. You can't be successful also without patience. Even though you are hardworking in a certain business but ypu are very impatient, it will boil down to two things, it is either you earn not enough or you lost all your investments. Patience in the long run will give you with good profits which is a great reward for your hardwork.
Of course hard work is the first thing you need if you are even thinking about starting a business. Even HODL in crypto is something that requires hard work to make the dream come true. So I think patience and hard work goes side by side and this is the reason why so many people are making money in crypto for they are very passionate about their business and work hard.
hero member
Activity: 1596
Merit: 502
In crypto, for you to excel and succeed ,you really need the virtue called patience, If you don't have it, then you might run into loss, especially when you see your coin depreciating in value, you might hurriedly sell but with patience you will hold knowing that the price of the coin will finally gain value in the future.
it is true that patience can be the key to success for trading and it is true that when prices fall or rise, there must be many who panic, traders should not panic and remain calm when any conditions, it is difficult to build a mindset like that but at least it can make you rich if you already understand it.
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