Patience isn't everything | Bitcointalksearch.org

Dollar_Hunter

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Quote from: bluebit25 on March 20, 2021, 10:45:48 PM

Almost anyone who went through the ICO phase and found it bad. I've been through a lot of different projects, it took 2 3 years to see them come back, but okay I'm still happy because it's not all my stuff in this space. Well patience is not everything, for those who have been in this market long enough instinctively have many things that determine the success of an investment.

It is true that patience is not what determines everything but that does not mean that patience is not important,
there are certainly many factors that make an investment successful,
the more we learn I think that will also be good too and make the chances of investment success even greater

molsewid

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Quote from: fortune1002 on March 20, 2021, 01:49:23 PM

It's crypto bro, loss and profit are always Happening. So be ready for loss or Profit which you deserve.
You are right that sometimes pateince gives us loss but you have to use your mind that where I am investing is right place?

Which of course we should and must ready for the losses if worst things happen and profited when you have made a right decision in trading or investment. Let's be honest that we aren't perfect and we commit mistakes in tradings and investment and sometimes those mistakes that we have been committed was because we are being so excited with the market we have seen, emotional that we can make the best trading or investment here and we can generate a profit, so it's a battle of mind and emotion state. I do hope that whenever we encounter this matter we can choose what's best, does patiently waiting for a quite sometime or might take the risk to do it on time.

bluebit25

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Almost anyone who went through the ICO phase and found it bad. I've been through a lot of different projects, it took 2 3 years to see them come back, but okay I'm still happy because it's not all my stuff in this space. Well patience is not everything, for those who have been in this market long enough instinctively have many things that determine the success of an investment.

verita1

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I also lived that bad experience. Those were the some failed ICOs, thank God now I don't want to know anything about them. But not everything is bad, there have been the launch of other projects with more development than a simple whitepaper and a roadmap.

Sometimes I wonder if there are now so many coins with a good performance, why not invest in them.
For a good investment you should examine the team, if it has support from investors, community, the product in progress. Now we have more analysis tools and ways to invest to earn excellent returns.

blockman

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Quote from: molsewid on March 19, 2021, 06:07:47 PM

Quote from: blockman on March 19, 2021, 04:38:51 PM

Confident in a way that you have done your research and the coin that you're holding is one of the best in your research. Because confidence isn't just about looking at the price that can cope up with the volatility but it only means that you understand what you do.
And you're very well updated for that coin even just the most basic things about it.

I do agree that when you have a confident that the coin your hodling for a quite a long time was worth to keep it in your digital wallet then the patience was present and the control of mind over the attempts or impulsiveness was also there then it shouldn't give you the result that you may regrets also. When you have a patience your mind has a control over your emotion, which in some aspects of life of a trader those emotions of ours are the one that could lead us made some decisions that sometimes shouldn't made in the first place.

And when you have built your patience and confidence, it only means that you've been through a lot in the market. All of those researches that you've made added confidence for yourself.
Also, the experiences and bad days during the market had been so valuable in a way that you're very much trusting those coins you've held are reliable.

fortune1002

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It's crypto bro, loss and profit are always Happening. So be ready for loss or Profit which you deserve.
You are right that sometimes pateince gives us loss but you have to use your mind that where I am investing is right place?

Dhoe

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Quote from: bitgov on March 20, 2021, 02:06:45 AM

You think patience is not the key for success in crypto? think again. In crypto we call it HODL and none of coin so far has betrayed anyone who has the courage to HODL. Just buy when prices are down and wait patiently, you will get double of your investment in very short time.

He should think again with patience is not the key for success in cryptocurrency, looks with many holder get much profit after success hold and patience more than one or two years with coin holding raise much profit, if not patience in cryptocurrency maybe just get little profit and always disappointed one day later why not hold coin for long term, why very faster for selling coin.

bitgov

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You think patience is not the key for success in crypto? think again. In crypto we call it HODL and none of coin so far has betrayed anyone who has the courage to HODL. Just buy when prices are down and wait patiently, you will get double of your investment in very short time.

galestorm

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Futurov

The value of a coin flactuates from time to time, that's why those who have experience in investing always say that you should be patient and wait for the coin's value to spike. It is a good advice, however if you truly want the best results, consider what coin you should invest on and hold. Bitcoin and Ethereum are the only coins that i consider holding for a long time, since these two are viable and of high demand. Patience with these two have given me trumendous results.

deathcode

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Quote from: senyorito123 on March 19, 2021, 10:31:07 PM

Yes, patience is highly needed mostly if you have plan to hold the coins for a long time. But it's not all about it, there are many things we need to include when holding a coin. We need to trust, know its background and monitor every single hour or day the movement of its value. Because the value itself is unstable. Having it surely makes us confident in the coin that we are holding.

of course, it all becomes our background to choose the right asset. because investing in the long term is not easy. we will never know what the future holds with our lives. seeing the market go down and having to be patient will require high confidence. but when we choose the wrong asset. patience will not pay for whatever we are waiting for.

senyorito123

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Quote from: coinswebid on March 19, 2021, 03:52:41 PM

Quote from: ahoenk on March 18, 2021, 04:18:22 PM

Patient is the key for holding some coin but you need to do research about the coin and its uses cases, SYL from XSL Labs for example, it is i think worth to hold like i told everyone to invest in to ethlend ( now aave ) in 2017. And now the project is very succeed.

the truth if we want to hodl a coins for long term, we need patience right ?
i know beside patience we also need to be confidence too, because the price of cryptocurrency is very volatile

Yes, patience is highly needed mostly if you have plan to hold the coins for a long time. But it's not all about it, there are many things we need to include when holding a coin. We need to trust, know its background and monitor every single hour or day the movement of its value. Because the value itself is unstable. Having it surely makes us confident in the coin that we are holding.

molsewid

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Quote from: blockman on March 19, 2021, 04:38:51 PM

Confident in a way that you have done your research and the coin that you're holding is one of the best in your research. Because confidence isn't just about looking at the price that can cope up with the volatility but it only means that you understand what you do.
And you're very well updated for that coin even just the most basic things about it.

I do agree that when you have a confident that the coin your hodling for a quite a long time was worth to keep it in your digital wallet then the patience was present and the control of mind over the attempts or impulsiveness was also there then it shouldn't give you the result that you may regrets also. When you have a patience your mind has a control over your emotion, which in some aspects of life of a trader those emotions of ours are the one that could lead us made some decisions that sometimes shouldn't made in the first place.

b1boy

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I know keep bounty tokens can be really annoying sometimes especially as most of them are scam bounties and we end up with dead token and if think we have all been there and on the other hand it can be really profitable to told hold more stable coin especially btc and eth...just imagine people holding btc since last year 2020 till now March 2021... do u know how much richer they would be now... because no matter how low you btc was ... you probably have times 10 now

DarkDays

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Quote from: Synerggy on February 24, 2021, 09:38:44 AM

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Having the petience and timing in selling altcois is always a big profit or income but other holders can't help but panic especially if the markets dip but you do it in a way so as not to have big losses you can swap the your altcoins or sales and select the usdt token and rebuy only if the price falls to make a profit in case the price goes up.

No, patience isn't everything. First, you need to be in the right market. If for sure you know you're in a market that can't fail in the next x amount of time then you will find that having patience during times of market turbulence will be much easier. So, don't stick with a market you don't know much about, hold on those you know will do well...

Botnake

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Quote from: coinswebid on March 19, 2021, 03:52:41 PM

Quote from: ahoenk on March 18, 2021, 04:18:22 PM

Patient is the key for holding some coin but you need to do research about the coin and its uses cases, SYL from XSL Labs for example, it is i think worth to hold like i told everyone to invest in to ethlend ( now aave ) in 2017. And now the project is very succeed.

the truth if we want to hodl a coins for long term, we need patience right ?
i know beside patience we also need to be confidence too, because the price of cryptocurrency is very volatile

You won't be patient if you are not confident because it might lead you to dump the coins you are holding if you are not confident. We should understand the project we are investing to hold and be aware of what is happening so we are not just blindly investing, we will know what to do in certain situation, and most especially we would know when to buy and sell at the right timing.

blockman

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Quote from: coinswebid on March 19, 2021, 03:52:41 PM

the truth if we want to hodl a coins for long term, we need patience right ?
i know beside patience we also need to be confidence too, because the price of cryptocurrency is very volatile

Confident in a way that you have done your research and the coin that you're holding is one of the best in your research. Because confidence isn't just about looking at the price that can cope up with the volatility but it only means that you understand what you do.
And you're very well updated for that coin even just the most basic things about it.

dunfida

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Quote from: Cappex on March 19, 2021, 04:03:36 PM

Quote from: Synerggy on February 24, 2021, 09:38:44 AM

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

having patience on bitcoin is the best strategy, all the other coins you need to accumulate btc.
there are many projects that could have a more or less certain forecast of success but a great deal of research and study is needed.

Diversifying is one of the most common behavior specially if you do have still money to spent or allocate on which you can really find out other alternatives when it comes to investment.
Patience does really play a great role but only into those coins or projects which are really worth for you to wait on but there are instances or situations where being impatient
or highly reactive into situations or events does really give out some positive effects into your investment career.Patience isnt everything but it do works most of the time
because there are really projects which are really worth to hold on but dont cross out those chances to take out profits specially on other projects in the market.

Cappex

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Quote from: Synerggy on February 24, 2021, 09:38:44 AM

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

having patience on bitcoin is the best strategy, all the other coins you need to accumulate btc.
there are many projects that could have a more or less certain forecast of success but a great deal of research and study is needed.

coinswebid

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Quote from: ahoenk on March 18, 2021, 04:18:22 PM

Patient is the key for holding some coin but you need to do research about the coin and its uses cases, SYL from XSL Labs for example, it is i think worth to hold like i told everyone to invest in to ethlend ( now aave ) in 2017. And now the project is very succeed.

the truth if we want to hodl a coins for long term, we need patience right ?
i know beside patience we also need to be confidence too, because the price of cryptocurrency is very volatile

bitcon

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Patience and the ability to keep emotions under your own control is a very important and necessary quality for a person of any profession in any industry. Intemperance and impulsiveness will definitely not bring any results. You need to combine many useful qualities in order to succeed in cryptocurrency, in order to be able to navigate in time and make the right decisions.

You can search for a long time and list the characteristics of a successful trader, but in reality it is difficult to find a person who possesses all of them. Therefore, you must continue to learn from the mistakes of others for your own good.

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