Patience above all will be rewarded here - page 4.

AakZaki

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Quote from: finaleshot2016 on August 27, 2020, 05:42:04 PM

Agree, if you are having a difficult time making investment decisions, there is a chance that you can fail it. Investment in cryptocurrency is not a normal activity, it requires a lot of studies to master the flow of market and have confidence in your investment.

Also, you must have faith in investing in cryptocurrency, it'll just make you paranoid on the investment you've made. Patience will be always the key to paradise.

The possibility of failure will inevitably exist, no investment will always be profitable. Doing good research is the main key so that investment can run according to the strategy that has been compiled. What is meant by patience in investing is, be patient waiting for the main target to be achieved, because when investing there must be a target that must be achieved. Always being patient and not having targets is not going to be good. Mid term or long term investment can be selected according to the target to be achieved.

int03h

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The crypto market is back to action, some cryptocurrencies have risen rapidly with the efforts of the dev team and some cryptocurrencies have not been able to rise again forever. The core issue here is that the value-added cryptocurrencies are active ones, with the developer still updating their source code. During the market downturn, we lost a lot of money but some people took the opportunity and got rich. Patience is a virtue, but be patient with cryptocurrencies whose source code updates are available.

pankowri

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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.

Lorence.xD

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These people might be in need of the quick cash, but that does not mean they do not believe in bitcoin, what is wrong with that? The people who adapt survives and I do not see anything wrong with that, I agree that patience is a key but will hunger wait for bitcoin to reach the moon? No. I get that people hate bandwagon but is it really worth it to hate and create a divide in bitcoin community?

Pamadar

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Quote from: FlightyPouch on August 28, 2020, 06:07:24 PM

Quote from: BuNga_cute on August 28, 2020, 05:57:33 PM

Based on my experience trading Bitcoin for 3 years, patience is the key to success in making a profit. Imagine if we buy Bitcoin,
then we immediately sell it because the Bitcoin price drops -7%. Even though the price didn't last long up by about 20%, such
events often occur when trading Bitcoin. So we must have patience.

Patience can give you profits but knowledge and skills can give you more profits and take you higher. You can't just invest in any cryptos without knowing what it is, how will it be in the future and if it is even a scam. Patience is needed of course but it should be a combination and not just focussed on one.

If you'll combined both, you'll be able to comes up with more opportunities.

It's really needed that you have both knowledge and skills in order to pick the right project or right investment to place your money
without it you are just like punching in the wind, no directions and patterns to track down for your successful journey.

jademaxsuy

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Yes, patience is a way down needed to succeed in investment but there are other things to consider also that include the know how or know when. Know when to buy or sell crypto, know how to do trading, know how to speculate and etc.

Crypto investment is very simple, but it can be like gambling to which it could loss you anytime. Risk is high and so does the possible gains.

A truly investor never get afraid of this and in fact they are always successful because they work with their head and not by heart. Decision work's best than emotion.

FlightyPouch

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Quote from: BuNga_cute on August 28, 2020, 05:57:33 PM

Based on my experience trading Bitcoin for 3 years, patience is the key to success in making a profit. Imagine if we buy Bitcoin,
then we immediately sell it because the Bitcoin price drops -7%. Even though the price didn't last long up by about 20%, such
events often occur when trading Bitcoin. So we must have patience.

Patience can give you profits but knowledge and skills can give you more profits and take you higher. You can't just invest in any cryptos without knowing what it is, how will it be in the future and if it is even a scam. Patience is needed of course but it should be a combination and not just focussed on one.

BuNga_cute

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Based on my experience trading Bitcoin for 3 years, patience is the key to success in making a profit. Imagine if we buy Bitcoin,
then we immediately sell it because the Bitcoin price drops -7%. Even though the price didn't last long up by about 20%, such
events often occur when trading Bitcoin. So we must have patience.

jpnl0006

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The business of trading generally involves patience. Whether you exist in the space as a full time trader or as an investor, one geñeral thing to understand is that 'Rome was not built in a day". Everything has to gradually play out in order to get the beat out of it as time is also part of the recipe. Follow every business with patience and earn the dividends.

radjie

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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.

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.

For those who have been familiar with Bitcoin for a long time, of course they understand the flow of the increase and decrease in market prices, they will believe that one day Bitcoin will increase even though it does not take a short time. For new users, most of them are carried away by other people's suggestions to be able to invest in Bitcoin because they only see Bitcoin can experience an increase in price in a short time,
This is because when they join when the market price movement is increasing
and when there is a drastic drop back they will simply walk away because they are worried they will lose more money invested in it.

Anna138

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Quote from: int03h on August 28, 2020, 04:47:50 AM

I remember 2017, all altcoins dropped drastically in July and quickly regained their bullish momentum in October-November-December and all hit ATH. The market has been continuously decreasing since December 2017 and the market has been active again at the moment. The difference now is that there are more altcoins with more and many old altcoins cannot increase in value. Those are the dead cryptocurrencies. I have confidence that by the end of this year the market will record a breakthrough growth rate more strongly than in 2017.

About bitcoin, too, thought that he died after a rapid fall from 19,000 to 3,000. And then everything went back to normal and leveled. Of course, you can't do anything with huge volatility, but not all bitcoins are dead. If an investor starts pouring serious money into it, it will take off and no one will be able to prevent it. So anything can happen.

kayvie

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

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.

I don't think that the people who are selling during bear markets and those who do not believe in bitcoin anymore are clowns. Maybe they have their own personal reason that even if they wanted to continue, they just can't due to their reason. Especially those people who sells at bear market, maybe they can't take it to see their investment falling which is instead of making a profit, they got loss.

nasipadang

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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.

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.

Such users will only come when they are profitable, and I'm sure that in every asset there is something like that too. Honestly, I think loyalty is something that is very difficult to get even for gold, I agree about patience above all else because that is what makes users prove that they are loyal. But patience must also be followed by action because if you just wait then the result will be the same. Bitcoin is indeed categorized as freedom where transactions via p2p are a good choice for those who don't want to depend on the bank, but it also has disadvantage.

Sebas.tian

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Quote from: carter34 on August 27, 2020, 12:22:42 PM

Quote from: Wawa2013 on August 25, 2020, 06:45:43 PM

Many fail when investing in Bitcoin, because they are too focused on making instant profit. Even though the key to successful
investing in Bitcoin is to have patience, without patience only losses can be obtained. Even investors with low knowledge and
skills can successfully invest in Bitcoin with just being patient.

Patient and low risk is the way to be successful in business. A low risk investor has a long way to stay in the market but if you get impatient to take big risk because of big profit, you are likely to go out of market faster.

Probably was what happened to me today: I bought some iris token from binance last week and saw some loss while the weeks runs out. Early this week, the token saw some small appreciation which did not give profit for my investment but thought of selling was there. Immediately I saw my 2% profit I sold the token. The funny thing here was: after my sold there came a tweet from the team about their testnet and the market experienced a huge pump, but at this point I became incapacitated because I sold out with fear. Risk is what determine your profit in trading.

milani

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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.

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.

It would be too harsh to name someone clown, sorry)) Everyone has his own strategy) but there are always people and they will always be that do not have any strategy or clear idea what they do or what they plan to do. Very often it does not depent on wheather people believe or not believe, they just act impulsive and that is all. Lots of people just try to earn and that is all, they do not believe not only in Bitcoin but even different other things. They just act without any beliefs))) everyone has his own choice. And I would add that without all such kind of people like newbies or just impulsive people there will not be whales, crypto millionaries and so on.))) 😁😁😊 Everything should be balanced)))

markdario112616

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Quote from: Salamstar on August 28, 2020, 07:04:15 AM

Investing in Bitcoin is not a matter for those with weak nerves and hasty ones who aspire to a quick profit.

Actually, This applies to all. Though, I'd agree that it is indeed for a strong minded person. Most likely the people who think first , plans ahead before acting up.

Quote from: Salamstar on August 28, 2020, 07:04:15 AM

To become a millionaire you have to believe in Bitcoin and have enough patience, long breath and a strong heart. People who dared to deal with the cryptocurrency should prepare for failure, and then perhaps luck would smile at them.

This is where, I quite disagree.

Yes, Bitcoin can make you a millionaire But to become a millionaire is achievable by any means, Legally and illegally. Though it will take a lot time, effort, sacrifices, failures and etc.

and lastly, Luck is a bonus. On my perspective per se, I don't think luck plays a huge factor in crypto world. I may say Information, knowledge, stats, trend reading and etc, are the real factors to be successful in this industry.

Salamstar

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Investing in Bitcoin is not a matter for those with weak nerves and hasty ones who aspire to a quick profit. To become a millionaire you have to believe in Bitcoin and have enough patience, long breath and a strong heart. People who dared to deal with the cryptocurrency should prepare for failure, and then perhaps luck would smile at them.

Debonaire217

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Quote from: Kahan848 on August 27, 2020, 03:56:42 PM

Exactly. While patience is certanily a factor, once you invest in crypto you should improve your competence at least to make that patience less stressful and be more confident with your decisions

That will only be sufficed if you learn new things and continue to figure out how the market is behaving. Learn deeper in trading in such a way that we should not just rely on graphs but trying to see the future of a cryptocurrency by reading news and updates about it.

Most of the time, the success in trading will come from large groups or signals, they are the one who are pushing the market price of a crypto to a short term bull, but take note that these signals will not come if there's no hype or news about the particular crypto.

blckhawk

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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.

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.

First of all, who would have to sell their Bitcoins at bear trend knowing what Bitcoin can do in a matter of time, they are not clowns instead they are totally dumb. Wasting the opportunity was the craziest thing to do.
There are times that Bitcoin wasn't that much profitable I know but that doesn't mean it is dead, just like you what have said patience is all matter to be getting rewarded. I've been in this industry for almost 3 years so I know what are the capabilities of Bitcoin that is why I put my trust and my future on it.
Bitcoin may stumble a few times but it can recover and be better in no time just have your patience.

sarmrakib

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Quote from: int03h on August 28, 2020, 04:47:50 AM

I remember 2017, all altcoins dropped drastically in July and quickly regained their bullish momentum in October-November-December and all hit ATH. The market has been continuously decreasing since December 2017 and the market has been active again at the moment. The difference now is that there are more altcoins with more and many old altcoins cannot increase in value. Those are the dead cryptocurrencies. I have confidence that by the end of this year the market will record a breakthrough growth rate more strongly than in 2017.

Exactly i also remind those days i was holding all of my coins and i got my profit .In recent past year we have seen bitcoin was surviving a lot and now its been recovered .Crypto market is so volatile that's why we can earn much from here .Panicked seller always sell their coin on low price and being upset when its been recovered .So we get a great experience from the past days and we have to apply it on future.

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