Patience above all will be rewarded here - page 2.

Cryptoreflector_666

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Quote from: Debonaire217 on September 09, 2020, 11:20:39 AM

Quote from: Calvinpiva on September 08, 2020, 05:05:24 PM

Any person who is not patient he/she can not be a good trader.
A trader needs to be patience so that we can handle our situations when we trade. Because there are many different things than we thought when trading.

I think we also need some skills so that we can understand how to read the market so that we can not miss any profit easily.

I quite disagree to your first point, as in trading, there are some traders that trade in short term, and they called it scalping, but in there, you need to have a good amount of fund because of the trading fee. Basically, you don't need to be patient when you've bought a crypto, what you just need to do is to spot which crypto is building hype over the market and has the potential to increase in market price.

By the way, the skills that you need is classified in to two: The fundamental and technical analysis. Technical are more focused on understanding market graphs and pattern while fundamental is analyzing news and current state of the project.

Fundamental analysis implies technical analysis of anything, which means that it is more objective when used as an argumentative argument. In this case, we see a fairly obvious situation that has been repeated since 2008 approximately every 5-6 years. At the moment, just bitcoin will be assigned at the time of a critical situation in altcoins.

pragna

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Quote from: KonstantinosM on June 03, 2020, 09:04:47 AM

Rome wasn't built in a day, and Bitcoin won't take off to the moon right now. It will take a lot of improvement, a lot of new technology and a lot of hard work.

This is very correct i think. As its related to economy and money so it need more improvement and more experiment. Those who are BTC lover will be happy to see that day by day more people connecting with BTC and market is expanding. Now people thinking more secure investment from home with BTC and hope gradually it will explore more and more. waiting for that day when whole world will accept BTC.

thanks.

Debonaire217

sr. member

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In Code We Trust

Quote from: Calvinpiva on September 08, 2020, 05:05:24 PM

Any person who is not patient he/she can not be a good trader.
A trader needs to be patience so that we can handle our situations when we trade. Because there are many different things than we thought when trading.

I think we also need some skills so that we can understand how to read the market so that we can not miss any profit easily.

I quite disagree to your first point, as in trading, there are some traders that trade in short term, and they called it scalping, but in there, you need to have a good amount of fund because of the trading fee. Basically, you don't need to be patient when you've bought a crypto, what you just need to do is to spot which crypto is building hype over the market and has the potential to increase in market price.

By the way, the skills that you need is classified in to two: The fundamental and technical analysis. Technical are more focused on understanding market graphs and pattern while fundamental is analyzing news and current state of the project.

Calvinpiva

jr. member

Activity: 35

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Any person who is not patient he/she can not be a good trader.
A trader needs to be patience so that we can handle our situations when we trade. Because there are many different things than we thought when trading.

I think we also need some skills so that we can understand how to read the market so that we can not miss any profit easily.

0nline

copper member

Activity: 28

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BTCt depends on how you define "moon". i define it as $1 million and i agree that it requires a lot more development and a ton of additional work to make bitcoin better and capable of handling that kind of huge adoption. but most important of all it needs time.

but everything else that people usually refer to as "moon" like breaking the previous ATH,... are just the natural growth that we will inevitably see sooner or later. we can't expect the moon to be reached in one go. it will take lots of rallies and lots of bubbles with their corrections before get there.

in this process we will see many come and go but when we analyze the end result when the hype subsides we can see that the community has significantly grown.

RokokGudangGaram

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Quote from: Kez1817 on September 06, 2020, 10:59:30 AM

Quote from: microsurfer on September 06, 2020, 04:13:38 AM

Not every person in the world have enough patience to invest in crypto

Yes, but here in crypto space you need to learn and exercise patience. Mostly people lost their investment because of lack of patience and they are panic to sell when they saw market are start going down. Investing in crypto is very risky and it should be partner with patience if you want to success and earn profit and not to lose.

Definitely, a strong mind and a strong heart is what you need here in crypto. You should be patient and determine enough in making investments. Being able to control your emotions and fear is also crucial in thriving for success.

Kez1817

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www.cd3d.app

Quote from: microsurfer on September 06, 2020, 04:13:38 AM

Not every person in the world have enough patience to invest in crypto

Yes, but here in crypto space you need to learn and exercise patience. Mostly people lost their investment because of lack of patience and they are panic to sell when they saw market are start going down. Investing in crypto is very risky and it should be partner with patience if you want to success and earn profit and not to lose.

ibuddy122505

sr. member

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Quote from: microsurfer on September 06, 2020, 04:13:38 AM

Not every person in the world have enough patience to invest in crypto

Patience in crypto likely game changer. You possibly loose money when you sell during a correction. This market is for strong hands and to be able to have strong hands. Panic selling and over anxiety conduct you lost a bunch of money by selling in a down trend.

goldade

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The Standard Protocol - Solving Inflation

Quote from: KonstantinosM on June 03, 2020, 09:04:47 AM

Rome wasn't built in a day, and Bitcoin won't take off to the moon right now. It will take a lot of improvement, a lot of new technology and a lot of hard work.

The people who buy in rallies and sell during bear markets and then don't believe in bitcoin anymore are clowns. If the price went to 25k in the next few months I guarantee it that the community will double maybe even quadruple in just a few days.

And then if it dropped back to 15k, suddenly most of these people will disappear again. They won't believe in bitrcoin and they will not care.

If you don't want your money to be created by bankers and the government at their whim the actual price of bitcoin is secondary. Bitcoin is a central part of the puzzle when it comes to the people getting back their sovereignty.

I believe the reason many people support bitcoin in its bullish move and dump bitcoin in its bearish move is because they are out for profits.
They are only motivated by how much profits they can make. These are people that do not even think of bitcoin as a currency but as an asset for investment for profits.
Only idealist will stick with bitcoin no matter what happens to the price of bitcoin.
Just like you said, Patience is the key in dealing with bitcoin

UserU

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FREE passive income eBook @ tinyurl.com/PIA10

Quote from: Maksim_MS on September 05, 2020, 09:40:23 PM

BTC will hit $100k... is just a matter of time. Gov does not like cash, every year there are more regulations for cash with the goal to eliminate it. When that arrive, people will start using bitcoin as the new cash.

What are you talking about lol. How are governments gonna service their loans if there's no cash circulating?

carriebee

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Quote from: oprahwindfury on September 06, 2020, 03:53:36 AM

Surely effectable words.Whatever is it bitcoin,ethereum or any crypto currency a hodler or a investor or a bounty hunter must have patience.bitcoin had already passed a golden time and now it is the most Popular one, so people are holding it samely it is mutual about the ethereum, dash and some other's.So,patience above all will be rewarded here per sure.

This is the most cypto enthusiast can do of having a patience. The very important thing can do to be successful in this industry. Some can't do hold and observe the market as they aim for instant money in crypto world. That's true bitcoin is the most popular and we're lucky to have gain knowledge and at the same, we learn.

microsurfer

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Not every person in the world have enough patience to invest in crypto

oprahwindfury

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Surely effectable words.Whatever is it bitcoin,ethereum or any crypto currency a hodler or a investor or a bounty hunter must have patience.bitcoin had already passed a golden time and now it is the most Popular one, so people are holding it samely it is mutual about the ethereum, dash and some other's.So,patience above all will be rewarded here per sure.

TedMosby

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https://bitcointalk.org/index.php?topic=5274318.0

there are 3 types of people in this crypto industry, idealist, capitalist, and neutralist.
idealist people, they support crypto no matter what, they try to spread the positivity, and make this community bigger and bigger. but sometimes not realistic.
capitalist, they only come to make profits as much as they can, they don't think that much to become this industry sustainable.
neutralist, the one who enthusiast about new things, willing to learn and earn realistically.

erikoy

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Quote from: Maksim_MS on September 05, 2020, 09:40:23 PM

BTC will hit $100k... is just a matter of time. Gov does not like cash, every year there are more regulations for cash with the goal to eliminate it. When that arrive, people will start using bitcoin as the new cash.

Do not get too hype in this speculation you made. Probably it will going to happen and that would be in the future. However, I am sensing a different way why bitcoin will reach to higher market price and that is the love for ever users around the world of investment. Bitcoin can be also considered as investment. There are many things that could trigger users to invest like it is easy to earn just by waiting the right time to sell after buying bitcoin in cheaper price as much as possible.

Maksim_MS

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BTC will hit $100k... is just a matter of time. Gov does not like cash, every year there are more regulations for cash with the goal to eliminate it. When that arrive, people will start using bitcoin as the new cash.

Ryker1

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Eloncoin.org - Mars, here we come!

Quote from: bitcoinisbest on September 05, 2020, 11:16:22 AM

Investing in crypto means you should be investing extra money which you are fine even in worst scenario you lose. Due to volatility it can fall badly as well and so does it can bounce back as well. It would be you luck after investing suddenly market rises certain percentage quickly or vice versa as well is possible. So, in long run you will end up making money if stayed invested in right coins.

Well, you are right. Just like what happened at this moment that bitcoin has been down dramatically in the market. The money you have been used should not your daily budget so that you can wait a longer time for our desire profit. Patience is good but it does not mean that you did not monitor the market annually or even monthly. For the safe investment, it is good if you are stick to on the bitcoin, not by the altcoin.

FlightyPouch

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Quote from: palle11 on September 05, 2020, 04:38:29 PM

Quote from: verita1 on September 05, 2020, 02:19:54 PM

We have done a good job making use of Bitcoin and the work continues. If we fall we get up.

That's the way to go about bitcoin or cryptocurrency investment. You need to take up the risk of investment rather rather than having fear built all over you about fear of falling when you invest

Patience, courage, money, skills and knowledge, one of the most important element you should have to be a good investor/trader. As you go you must learn how to reduce that risks, so you could maximize your chance of having a profit.

Fear is another element that could give you losses, since it if something happened you expected you might panic or usually overthink what will happen.

Lanatsa

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Quote from: Zionatin on September 05, 2020, 12:56:28 PM

Quote from: k@suy on September 05, 2020, 12:24:09 PM

Quote from: bitcoinisbest on September 05, 2020, 11:16:22 AM

Quote from: pankowri on August 29, 2020, 12:52:49 AM

There is frivolity beyond patience. If there is patience in all realms, something can be achieved. But nothing is credible if it is short-tempered.
So it is empirical to be rewarded only if you work with patience.

Investing in crypto means you should be investing extra money which you are fine even in worst scenario you lose. Due to volatility it can fall badly as well and so does it can bounce back as well. It would be you luck after investing suddenly market rises certain percentage quickly or vice versa as well is possible. So, in long run you will end up making money if stayed invested in right coins.

They said that patience is a virtue because the key to success is patience. Before we become successful, we will face a lot of struggles, hindrances, dissapointments and etc. so we should be patient and hard working because there is no shortcut on achieving your desired goal just like here in crypto world some of us entered here without any knowledge but because of our hardwork and patience we know a lot now about crypto currency.

Patience is good, yes but you cannot just rely on it. You cannot just sit back and think everything will be ok. You have to be consistent as well. Failures are lessons, lessons you collect and combine in order to learn from them and create an even better version of what you originally envisioned since you now ironed out some of the jinks. Failure is an excuse to become better. Failure is never an excuse to give up. As long as you never give up you will be fine I say.

Agree on what you have said.Patience wont really be enough if it wont be accompanied with other factors like good decision making, smart thinking and of course the analysis you had made.

You cant just expect for things to work just because you have waited without even doing your assignment on what are the stuffs that are really worth for you to invest for long term.

Patience is a great factor but wont really be that enough if you dont know to react into certain unexpected circumstances.

royalfestus

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If we dont have patience in this space we will dole out all our investment with the volatility in the market, we can make 100-1000x. We have been experiencing a slight correction in the space at the moment, for those without experience will sell off with the dump. We might need a strategy in this market to hold bitcoin,ethereum and stable coin while taking profit. It should help to buy back most dumps, corrections will usually come for all the market

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