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Topic: Patience is a virtue but how much patience do you have? (Read 4778 times)

member
Activity: 216
Merit: 17
Xircus
Yes patience is the only key to our success,it is in our self attitude to do by waiting and make lots of patience in a long run for us to achieve the bright future.,
If we dont have that kind of ability"patience"we might be so loose all our hopes and possibilities to commit success.
sr. member
Activity: 1092
Merit: 271
Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?

It's really hard to control if your portfolio is not spread enough that you still have a small profit from other coins, if you only rely on one coin and that coin started to dip you will be disappointed because all your hope rely on only one coin, it's different if you have a balance portfolio.
It’s a good idea to have variety of investments in our portfolio but it is also difficult nowadays to predict which of which among the altcoins are gonna give us hope. If we look at the suggestions and opinions other people in this forum have, they suggest to invest only in bitcoin because so far, it is the one that stood through the test of time and still at the top until now but like what you’ve said, it is still sad if you only have bitcoin in your portfolio specially during the time of famine (bear season).
hero member
Activity: 2184
Merit: 531
I get the impression that cryptocurrencies and investments were invented in order to test people's patience for strength. Especially if you purchased your assets at the very top of the price.

Every competition was invented for that reason Cheesy When you invest you compete with others because there's not enough for everyone. Not enough fiat money not enough natural resources and stocks even not enough homes.

Some people go bankrupt and some are homeless and you are fighting to get to the top. Without patience and intelligence you will not go far!
sr. member
Activity: 1036
Merit: 250
I get the impression that cryptocurrencies and investments were invented in order to test people's patience for strength. Especially if you purchased your assets at the very top of the price.
copper member
Activity: 994
Merit: 4
You need all the patience you can afford in the crypto space, but this can only come to action when you are sure you are holding a good coin, that is why one must be very selective in picking so as not to hold a shitcoin or one that will exit the space.
sr. member
Activity: 680
Merit: 255
No one can be as patient as possible. They will panic when prices fall too deep, or they will sell too soon when prices rise. You will never have the patience when you invest with your property, that's why there are so many people here who have lost money in the last 1 year.
copper member
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
I am trying to find an opportunity of how to earn money even on the falling market. You can try arbitrage, because there are always some deals that can be done. Furthermore, margin trading is an awesome instrument to trade on crashing market. Keep working and you will get your cash.
full member
Activity: 434
Merit: 100
My patience is very thing and short. The only thing that is keeping me sane in this market is the history of bitcoin and cryptocurrency in general. I've seen btc go down and then bounce back up creating new ath in the process at different points in time since 2019. This gives me hope that this current phase will pass one day and we will all smile again
full member
Activity: 598
Merit: 100
Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?
Patience is always important for us especially in the cryptoworld.The market is unpredictable all we have to do is find a way to make it profitable.Maybe long term of investments is a choice.
jr. member
Activity: 256
Merit: 2
Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?
You should analyze the chart of the BTC before joining. BTC only reduced in the short term. In the long term, BTC still has a good growth. Don't worry too much about a discount, but keep a positive spirit. However, what I say is for reference only. You don't depend too much on it.

Have a nice day guy!!
member
Activity: 798
Merit: 10
I personally to maintain patience by looking for other activities outside crypto. many panicked due to falling prices, and they often looked at charts. I think things like this will only damage psychology, especially for long-term investment



If we already intend to invest for the long term, I think we can ignore price movements in the market. Long-term investment does require patience and if altcoin we hold has a good product, I think we will be more relaxed
legendary
Activity: 2366
Merit: 2054
You can make big money on mining. Just be patient!
Depend where you living country with energy cost.
Which country have different cost for electricalal energy, my assume you use solar energy for big money you said.
member
Activity: 406
Merit: 10
Patience is always there but we also need to combine with knowledge. then, we know what we are patiently waiting for, that is the right way to invest.
If patient and waiting for the price to increase while not analyzing, it is considered gambling.
member
Activity: 700
Merit: 10
I personally to maintain patience by looking for other activities outside crypto. many panicked due to falling prices, and they often looked at charts. I think things like this will only damage psychology, especially for long-term investment

jr. member
Activity: 131
Merit: 1
Coming to cryptocurrency space, patience is really a difficult thing. For me personally, I think I still lack the patience to hodl and see my portfolio dipping. I sell off, which makes me almost always at loss. I wish I can really be patient on the space.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
When the price of the coin that you hold starts to fall, that's where your patience begins to be tested. In situations like this you must always be consistent in making decisions, so as not to experience a significant loss in investment. This might be a little boring, because we have to wait a very long time until the price rises again.
Remember, patience never betrays results. That's the principle that I always hold.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?

I've joined Crypto investing three years ago and have seen the market on it's  all-time high and all-time low, the last three years has been a big challenge not only for me but to all of us here, I have never practice patience in all my entire life only here in Cryptocurrency, I've thought back then that it's the end of Cryptocurrency, so many bad news, FUDS and many complaining about the situation of the market.

I'm glad that I extended my patience, I only read positive news about the market and this is one of the sites, that I've read during bad times
https://99bitcoins.com/bitcoin-obituaries/


member
Activity: 132
Merit: 10
everyone has a limit on patience but if I hold altcoin I have value I will sell to buy the highest altcoin on the crypto market.
full member
Activity: 714
Merit: 100
Actually i have some unfortunate Altcoins in which the price value is keep on falling therefore with this market current condition i don't know if patience is virtue is still applicable for me as i keep on holding them since last year. Maybe my patience will going to end as i'm afraid that these Altcoins will be declared crap soon.
member
Activity: 868
Merit: 10
patience is a positive attitude that we need to apply in everything, including when the market is going down like now you must always be patient in facing market conditions. and of course you don't forget to always monitor your portfolio in the market.
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