Patience is the key - page 105. | Bitcointalksearch.org

Zyborg

sr. member

Activity: 476

Merit: 256

Quote from: labake on April 12, 2018, 10:56:23 PM

As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks

This is 100% true if you have invested in solid project based coins which is continously backed by the experienced development team then you should hold that coin and wait for bullish period to come and then sell it.Patience is the key to success in crypto industy but never invest in shit coins and wait for bullish period.Always invest in best coins.2017 is the example of patience for crypto trader.

Borisov

member

Activity: 336

Merit: 10

patience is the key, but not in the bear market, I am learning to trade on the stock exchange, I think it is more promising than just Hold.

asdnz86126

newbie

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Merit: 0

looking at the current state of cryptocurrency, I agree with you that the key of all is patience, patience will bring good results in the future, and don't be rash in making decisions.

JanVanHellsing

member

Activity: 107

Merit: 10

Decentralised Wearable Devices

Quote from: smoolae on June 18, 2018, 02:14:18 PM

Patience might be the easiest way to indeed make some solid profit but you also have to know when to sell. Selling is not always sign of weak hands but instead of logical thinking.

Very good point, I had some positions where I lost 80% over several months and there was no end in sight, at some point I decided to take the losses an einvest elsewhere. When I check now they lost another 50% since I got out so it was good to get out. But it‘s a very hard call.

ngocson1923

newbie

Activity: 98

Merit: 0

Absolutely correct because in the world of crypto currency wherein there were ups and downs if you have the attitude of being impatient you will easily give up especially in the times where the market are on red so, I believe that having patience will lead us to success.

sugarlady43

newbie

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I think the same way. Patience is always good when we talking about cryptocurrencies market. Nothing gonna change after refreshing page with prices so better to relax and wait.

giovinco

newbie

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Merit: 0

Quote from: moonriver on June 21, 2018, 02:02:09 AM

It is understandable that people get panic while the price was going down.
That is why most people can't make money in cryptocurrency.
I am glad that I have been holding my coins.

That's also why most people can't make money at all, not only in cryptocurrencies... The worst thing is to check daily price and calculate how much worth I lost. Look at price grapths. There are a lot of longer periods when the price was lower at the beginning of this period and much higher at the end.

Newsky

newbie

Activity: 140

Merit: 0

Yes, we need to maintain enough patience, but it is also very important to understand the market conditions, and you need to spend more time analyzing the market so that you can avoid losses in this market.

moonriver

full member

Activity: 392

Merit: 152

It is understandable that people get panic while the price was going down.
That is why most people can't make money in cryptocurrency.
I am glad that I have been holding my coins.

TopDev

newbie

Activity: 98

Merit: 0

Quote from: tavernakava on June 20, 2018, 08:06:01 AM

Completely agree with this statement. Crypto is still evolving as an ecosystem. I think people forget that Bitcoin was created 9 years ago and only hit International news last year with the price increase. Good things come to those who wait.

Indeed they do. Even of prices are temporarily down right now the BTC hodlers profit in the long run.

Schovgurov

newbie

Activity: 168

Merit: 0

The more important the patience is in our lives, the more important it is in the currency markets. some people are very lucky in this regard. People who are impatient lose money quickly in the stock market. For patience often needs to change the idea.

tavernakava

jr. member

Activity: 82

Merit: 1

Completely agree with this statement. Crypto is still evolving as an ecosystem. I think people forget that Bitcoin was created 9 years ago and only hit International news last year with the price increase. Good things come to those who wait.

joesastro

newbie

Activity: 223

Merit: 0

I want to say if I very agree with you because patience is the key to success. Unstable market to stabilize prices. Therefore, we need patience with the indispensable virtues of today. And also in the decision that is not less important. Therefore we must know about all the coins because not all the coins on the market will succeed.

vmklq

newbie

Activity: 126

Merit: 0

Yes, investing in the encryption market must require enough patience. Because the encryption market itself is a long-term investment market. If you can't wait patiently for the market to recover, you'll lose a lot.

beautygirl816

jr. member

Activity: 81

Merit: 1

I totally agree with you. If some new comers reading these post , i would suggest you to stay away from trading if you don't have patience. Crypto is not a way of making easy money. You need to have experience , knowledge and patience if you want to make money by trading. Panic is the worst enemy in this business.

RemBlanc

newbie

Activity: 126

Merit: 0

Quote from: labake on April 12, 2018, 10:56:23 PM

As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks

This is true. Since investing in cryptocurrency needs to have a long patience because the market is volatile, sometimes it is in the red and sometimes is growing. Everyone should prepare themselves when they want to invest in cryptocurrency a very lot of patience is a must in order to make your investment grow. We just need to believe and give time to cryptocurrency.

rhythm005

newbie

Activity: 94

Merit: 0

I tried investing once. Since I am a person who wants to learn by doing some trial I really tried to invest to cryptocurrency. When I was new to cryptocurrency I made some mistake by spending when I got some little increase in the money I invested. Then after sometime I saw that the market is going up. And I said to myself that, if I waited and have some patience then I might have bigger increase in my money. After that I learned my lesson to wait and have patience when investing cryptocurrency.

mirakal

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Leading Crypto Sports Betting & Casino Platform

Quote from: phm on June 18, 2018, 02:21:16 PM

Patience not mean silence and hodl. You can trade and make rebalance but without panic and feeling. Yes, sometime simple holding can give more than some trade. But with trade we can get profit on the downtrend market. And this is key

That depends on your capability, if you are good in short term or day trading you can always do that.
The risk is high when you do that therefore you need to make sure that you can be consistent so you can make profit in the long run.

phm

full member

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DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

Patience not mean silence and hodl. You can trade and make rebalance but without panic and feeling. Yes, sometime simple holding can give more than some trade. But with trade we can get profit on the downtrend market. And this is key

smoolae

full member

Activity: 602

Merit: 106

Patience might be the easiest way to indeed make some solid profit but you also have to know when to sell. Selling is not always sign of weak hands but instead of logical thinking.

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