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Topic: New investors are too impatience - page 3. (Read 7419 times)

sr. member
Activity: 924
Merit: 275
July 15, 2020, 04:27:37 AM
Most of the new investors nowadays have the get rich mentality where they thought that they can earn big amount of money in just short period of time but they are all wrong because they are not aware that success in every investments requires a lot of time and hardwork in order to have super performance. Being too impatience is a bad habit, in order to get rid of it we should first change our mindset. Everything start with our thoughts so we should think long term.
full member
Activity: 399
Merit: 100
July 14, 2020, 05:59:00 PM
Everyone is in hurry and its well understood but in crypto space been hurry means easy crash, unwanted mistakes will happen and there will be no room for learning, you will easily detect flaws and traps in projects if you have patience.
Acceptable advice, everyone doesn't try to understand crypto the situation. Old Coin always gives us huge profits, so we have to be patient. Over 60-70 percent of people could be patient, if they knew that holding coins would be the moon. Bounty hunters like short term projects, because they don't need to be patient.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
July 14, 2020, 12:55:37 AM
it has become common for new investors to rush, even more so if they don't learn about this development, because there are so many interesting offers in investing on the internet, especially crypto. sometimes greed and greed pervades a person to get greater profits quickly. Well, in the end, it will create a meaningful experience for them.
Yes. That meaningful experience is that do not ever do anything with greedy and emotions. It's extremely dangerous to do so. I have joined the market since 2017, at that time I can say it's too easy to earn profits since every single coin was increasing. However, it's not anymore. A lot of people still look at the cryptocurrency as its condition in 2017. They think they can earn quick money from the market without the need to learn or study anything. Those misunderstandings create a lot of failures for newbies.
hero member
Activity: 2982
Merit: 610
July 14, 2020, 12:39:43 AM
the main reason is when they joined here, they think that they will make great money from this world. That is why they have heard about this world from friends, but they didn't make any research about this world, there is not any quick money, maybe you can be lucky, but it will not always happen. If you can not be enough patient, as you said you will lose your money.
many people trapped in their fantasy , they think earning money was very easy in cryptocurrency market. today bought bitcoin and tommorow will earn money, unfortunately its not happen now . many project failed in early stages and price dumped hardly in market. finally our skill in research will take main role in our success story investing in crypto market.
There's no relation to bitcoin if a lot of project will fail because bitcoin can rise even if altcoins will have to suffer.
As we can see with the market trends, when bitcoin is rising, altcoins sometimes dump and sometimes they just follow, so it tells us that bitcoin is far superior in the market, that's why we called it the king.

Bitcoin dominance now at 62%, that is still too high, all altcoins vs bitcoin can't even beat the king.

https://coinmarketcap.com/charts/#dominance-percentage
full member
Activity: 504
Merit: 100
Option Blitz
July 14, 2020, 12:36:37 AM
They thought it was so easy to earn in crypto world, what they didn't know it needed more time and patience so that you can achieve the profit you've been waiting for. As a newbie it is normal for them to panic when they see the price goes down and make a wrong decision that will lead them to lose their money.This will give them better experience and guide for their next transactions.
Yes, this is so true. New traders are always in rush and craving to earn profits instantly. However, it's very dangerous that you trade with emotions and lack of skills. It results in failures and losses that may disappoint them to continue. New trader can avoid losses and failures by learning and studying the market before joining in. It's always good to do something that you learned. Don't trade without knowing enough.
member
Activity: 322
Merit: 10
July 14, 2020, 12:34:04 AM
Everyone is in hurry and its well understood but in crypto space been hurry means easy crash, unwanted mistakes will happen and there will be no room for learning, you will easily detect flaws and traps in projects if you have patience.
copper member
Activity: 593
Merit: 10
July 14, 2020, 12:11:40 AM
yes, novice investors in the crypto world are too eager to get satisfactory results because of what they see is not what they experience.
they are in too much of a hurry and as a result they lose their dream to get good results
jr. member
Activity: 448
Merit: 4
July 13, 2020, 08:10:04 PM
They thought it was so easy to earn in crypto world, what they didn't know it needed more time and patience so that you can achieve the profit you've been waiting for. As a newbie it is normal for them to panic when they see the price goes down and make a wrong decision that will lead them to lose their money.This will give them better experience and guide for their next transactions.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
July 13, 2020, 05:44:14 PM
yes, most of the newbies are impatient. maybe the reason is what they saw on their friend's portfolio is always like that. to newbies out there you need to have long patience in this market, the more you are impatience the riskier it could be, worst all of your investment will be gone
the main reason is when they joined here, they think that they will make great money from this world. That is why they have heard about this world from friends, but they didn't make any research about this world, there is not any quick money, maybe you can be lucky, but it will not always happen. If you can not be enough patient, as you said you will lose your money.
member
Activity: 608
Merit: 10
July 13, 2020, 04:48:42 PM
Exactly, most new investors are too impatience and wants quick money. There are some certain things that investors should know especially the new investors. The investor should gather a lot of information and knowledge about what they are getting into by doing a lot of research about the particle project they want to invest in. Secondly, investors should be very careful and have a lot of patience, they should know that there is no short cut it will surely takes a lot of time.
member
Activity: 345
Merit: 10
July 12, 2020, 08:47:51 AM
yes, most of the newbies are impatient. maybe the reason is what they saw on their friend's portfolio is always like that. to newbies out there you need to have long patience in this market, the more you are impatience the riskier it could be, worst all of your investment will be gone
a beginner always wants to feel safe with the assets they have. it is natural for them to feel panicked and uneasy when they see a market that is moving very fast. it will grow and they will learn something when they often see the market. take it easy, they will adapt to this market.
member
Activity: 196
Merit: 15
Sovryn - Brings DeFi to Bitcoin
July 12, 2020, 08:46:54 AM
Impatience is not entirely bad, been greedy isn't bad either but you need the best time to use them is all, holding coins and taking profits is good while some will called this impatience but holding and not taking profit and in the end the coin keeps losing value is stupidity
member
Activity: 742
Merit: 10
July 12, 2020, 08:36:56 AM
yes, most of the newbies are impatient. maybe the reason is what they saw on their friend's portfolio is always like that. to newbies out there you need to have long patience in this market, the more you are impatience the riskier it could be, worst all of your investment will be gone
sr. member
Activity: 1188
Merit: 251
July 12, 2020, 08:30:04 AM
actually those who are impatient, only want to take advantage in the shortest possible time so they might only predict the coins that will potentially rise without prior research and observation.
so it's like guessing and not doing whatever it takes to observe the project.
member
Activity: 462
Merit: 10
July 12, 2020, 05:50:50 AM
indeed this kind of thing is common because new investors don't have much experience so when the crypto market goes down like now they will panic and take the wrong action by selling their assets cheaply.
member
Activity: 368
Merit: 11
July 12, 2020, 05:30:33 AM
There is more to crypto than having only patience, you need to be smart too, most times it's not always about waiting patiently, it's about looking for opportunities, Crypto is volatile as we known so price will rise and fall most times, learn to take advantage of price fall and price pump and you will have more quantities of your coins

I can't agree more. People are often blinded by the phrase of taking risk inorder to earn it big but i rather choose calculated risk and make it slowly because once you blow up your assets all in the name of taking huge risk, you wouldn't have a second chance to try out other opportunity. The crypto market is currently in a huge bear and not every coins will rise again after dumping so it actually takes more than patience in this space
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
July 12, 2020, 05:13:10 AM
I knew that new investors is really impatience beause i experienced being new on investing in crypto, crypto is really a stressful kind of investment, because there are so many ways that can posibly make us loss specially when we are impatience, sometimes we really need to wait for a very long time to earn and the only choices is wait or loss.
They will definitely learn over time, experience is very important for an investor to mature, without that, we will make mistakes most of the time.
Also, it's very basic that everyone should understand what is investing, it's risk and reward, we should know both of these and no only the reward alone.

Investing has no time to determine a success, that always depends on the situation as one can invest now and he can double his money in just a day or just an hour as it's possible in crypto due to its high volatility, but in general, we need to have the patience and we can only do that if we know what we are doing and we believe on the asset we are investing.
member
Activity: 949
Merit: 48
July 12, 2020, 04:53:08 AM
I knew that new investors is really impatience beause i experienced being new on investing in crypto, crypto is really a stressful kind of investment, because there are so many ways that can posibly make us loss specially when we are impatience, sometimes we really need to wait for a very long time to earn and the only choices is wait or loss.
sr. member
Activity: 1148
Merit: 300
July 11, 2020, 08:30:22 PM
I believe that some of the new investors in crypto is really impatience, because they dont know how other crypto coin works, research, reading books about crypto, etc.,is really different from the actual investing in crypto, the pressure and the stress looking at the price of the coin that you invested can really change your mood and sometimes it will lead to loss all your funds or maybe you cannot earn because you become impatience.
legendary
Activity: 2268
Merit: 1655
To the Moon
July 11, 2020, 04:10:02 AM
Truth is, I do not blame investors if these days because many are in for quick return which was caused from pump and dump scan teams. Many investors lost hope in IEO and ICO so the little they invest out if fears, the end up dumping once there's little profit. Scam projects really brought fears in crypto and made it unstable to hold.

You are doing the wrong thing when comparing IEO and ICO from the point of view of investors. If IEO is conducted on a platform like Binance, then investors are willing to invest their money in such projects. The problem is that not all investors can participate in them, because the supply is less than the demand. Therefore, the price after such IEO increases by several hundred percent.
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