Topic: Patience is the key - page 31. (Read 17601 times)
Patience is definitely the key in crypto world ,I agree with you 100% ,it deals with luck too
Definitely, what we need in the crypto world is just patience. Most times people think crypto is a get rich quick venture and when they are not able to fulfill their desire in the shortest time they tend to give up on crypto. Apart from the fact that crypto currency and the blockchain technology is new, there is a season for everything, now is the season for the bear market and soon the bear will be off and we witness a bull. So let's keep hope alive and be patient, so can gain from cryptocurrency.
Most of the people in the market including myself are going to sell at loss,which is why patience is the most important thing that every investors need to have,those people who doesnt have long patience are the ones who are losing their money everytime that the market has started to crash or some FUD has spread to the community. Without patience, nothing much can be achieved.
I completely agree that patience is one of the basic characteristics that everyone who comes into cryptocurrency business should have. It's shown by the situation in the current year of 2018, and the history of bitcoin confirms it. Those who were lucky enough to become bitcoin owners on the early stage of its development, had to have the patience to wait for the current price level. Not everyone had such patience and not everyone waited. But the ones who waited, I'm sure, do not regret that they hodl bitcoin for many years. And we have to have the same patience. And in a few years we will thank ourselves for it.
Yes, now the market is a bearish trend and who have long bought tokens they tolerate , and I think this is the right strategy
I completely agree with the author, patience is the key to success. But the crypto currency market is so tempting and sometimes shows an excellent growth that it is very difficult to refuse quick profits. And in this trap comes a lot of investors beginners. They do not know how to wait and start to sell ahead of time. All this is only because of the small experience and the desire to quickly earn. But patience - rewards more than those who can wait!
What are you talking about? what kind of patience? I have waited bitcoin for 50k, as many said here and did not sell for 19 000 usd. In this case, patience played against me
this is one of the statement that i think almost everybody who gets into cryptocurrency investment should be made aware of because cryptocurrency investment most of the time are long term investment
I completely agree with the author, patience is the key to success. But the crypto currency market is so tempting and sometimes shows an excellent growth that it is very difficult to refuse quick profits. And in this trap comes a lot of investors beginners. They do not know how to wait and start to sell ahead of time. All this is only because of the small experience and the desire to quickly earn. But patience - rewards more than those who can wait!
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
It is not only the noobs but also rather advanced investors who make the same mistake again - sell too early or with great minus.Yes, there are different strategies (some prefer short daily trading, others hold for a long term) but being parient and scrupulous is indeed the key of success.
People who are not patient can not make money. It is very difficult to make money when there is a bear market, especially as we are now. You have to wait a very long time after investing or you lose a lot of money...
YES, patients is the key to success In anything. most especially in cryptocurrency, the price of coins are not stable, to invest invest in any ICO it takes patients to study there stability even after the investment it takes patients to wait for your investment gain, so patients is one the most important thing in cryptocurrency and not only patients even commitment to any ICO invest in.
It is true that patience can produce maximum results and profits, but it depends on the traders because surely there are those who are not used to waiting and they are investing short-term, and that can actually make the price worse.
I hope for investors to take wise steps not to influence the decline in prices, at least be patient and wait, because all would want prices to soar and get big profits
I hope for investors to take wise steps not to influence the decline in prices, at least be patient and wait, because all would want prices to soar and get big profits
In generally agree with what you are saying. Yes patience is key and that virtue is often lost or understated in crypto. However I think that being prudent in the coins you hold long term takes a lot of care and research. You want to hold coins with long term prospects and not coins that you ride down to zero value. I’m positive though that with careful choices (and some diversification) that patience indeed pays off. Cheers.
I understand that patience is the key to success, it means that we need to learn how to manage our emotions when working in the market, so that emotions do not prevent us from working effectively...
Agreed on your said topic that a little patience is the key to the door entrance to crypto-world. Being patient has done me much than being in panic, at one time i sold off my wallet just because the market went bearish and i make much looses at the long run. Holding for a little time is more rewarding than taken a any chances.
There's no need to panic, it's been more than once. History always repeats itself. After rising followed by falling, as well as after the fall follows growth. We must not forget about it. Everything is cyclical. And earn good money will be able only to those who can wait. So be patient and the best thing is to close the exchange and not look at it in the next six months:))
In crypto, you need to be very patience when deciding on what to do with a coin at any point in time especially when the coin is falling and price seems to show no sign of rising. You have to be patience so you won't end up making decisions that you will later regret.
Patience is certainly a good quality that investors should have, but sometimes patience will not be enough. I think that now you have two options, either to suffer further while the market will not grow, or begin to learn to trade.
Indeed it is the way to each fruitful trades,or interest in cryptocurrencies,because of the market's unpredictability a considerable lot of the general population who doesnt have long persistence will lose their cash in either offering at misfortune or ,sellling their speculations too soon which is the reason those individuals who are holding up persistently are being compensated greater than those eager individuals.
Definitely yes. Patience is needed in investment on cryptocurrency.
You must wait if your coins price get decreasing, holding the coins takes time and we dont know until when.
Because we cant predict when will the price is increasing.
You must wait if your coins price get decreasing, holding the coins takes time and we dont know until when.
Because we cant predict when will the price is increasing.
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