I agree about patience. I once bought Stratis for 50 thousand Satoshi, in June 2017 its price reached 350 thousand Satoshi, but I decided that this is not the limit and didn't sell. And although Stratis is now very much down in price ,I like the project and I think it has a future. Unlike some projects that have long been dissolved in the air with investor money, because the downtrend deprived freebie, many old projects are still active and don't pay attention to the general decline. Such projects need to be looked at very carefully right now.
Topic: Patience: The key factor to succeeding in the crypto space - page 10. (Read 1433 times)
Yeah, this is so true that patience is the key factor to success, not just in this crypto industry, but in anything. If you really want to succeed in life, learn the art of patience. How many times I heard from people in this business these phrases: "when moon", "when exchange", "when bullrun". They fail to see that this bear season is the best times in crypto days because we all get to acquire crypto at a fair price which we might never see again in the coming years. They exchange a box of fortune for just a chest of pennies. Hey, no one becomes a millionaire overnight. Learn to wait patiently, and you'll reap the full harvest of crypto in the long run.
I am a very patient trader and hunter, but I still need to be responsible for my funds, so my trading strategy is changing every day. Not just HODL。
We do not have to overthink, everything can be done in a simple manner.
Trusting bitcoin or whatever coin you hold is the most important, because when you have the trust, you'll never panic and you always
look on the future, rather than the current situation, that's the only trick, we do not need to complicate things, it will only hurt us emotionally.
Trusting bitcoin or whatever coin you hold is the most important, because when you have the trust, you'll never panic and you always
look on the future, rather than the current situation, that's the only trick, we do not need to complicate things, it will only hurt us emotionally.
I will only talk about fraud regardless of how good and how potential a project is, because the biggest problem is not whether a project is good or not but whether the project is scam or not, because there are lots of projects here.
I have used my time to research more deeply, but in the end we only rely on trust, whatever you do even when you spend time asking questions, if indeed they want to cheat you then they will give you a satisfying answer so you trust them , because we unwittingly actually only rely on trust in the team that holds the project itself
I have used my time to research more deeply, but in the end we only rely on trust, whatever you do even when you spend time asking questions, if indeed they want to cheat you then they will give you a satisfying answer so you trust them , because we unwittingly actually only rely on trust in the team that holds the project itself
A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.
I tend to agree with your intelligent opinion about the concept of patience in the cryptocurrency community,patience is one of the key factors in determining the success of any member in the cryptocurrency space.
Very correct, patience is the most critical factor, others have luck, courage, these are very important. Sometimes it is not difficult to make money. But sometimes it is very difficult for investors to make money, and the time to buy coins is very crucial.
I feel like a topic like this has been here multiple times already (that's not a bad thing, always nice to spread my thoughts on this subject 
). Patience is definitely one of the key things in succeeding when dealing with crypto, but I still find that luck plays a bigger role.
Also, patience by itself will not cut it. Skill and luck make up I think 75% of the whole hodling/trading process. Patience and the fear of letting go your holdings can often lead to unneeded losses.
). Patience is definitely one of the key things in succeeding when dealing with crypto, but I still find that luck plays a bigger role. Also, patience by itself will not cut it. Skill and luck make up I think 75% of the whole hodling/trading process. Patience and the fear of letting go your holdings can often lead to unneeded losses.
Patience is really key factor in almost every life endeavour. It really helps alot. But not to be mixed up with people putting themselves in position of patience. For instance when you buy a coin, it goes up, you didn't sell hoping it will go higher, then it come crashing down. In that case you have put yourself in position of patience and that's really bad.
and not all people can control their patience,
because only a people who have a great psychology level will stay calm and keep their patience in any market conditions
wich means its easy to say, but hard to do
Patience is really key factor in almost every life endeavour. It really helps alot. But not to be mixed up with people putting themselves in position of patience. For instance when you buy a coin, it goes up, you didn't sell hoping it will go higher, then it come crashing down. In that case you have put yourself in position of patience and that's really bad.
You're on point for this post, it's glaring that patience is the major ingredient needed in cryptocurrency, the current market situation this year have affirmed that, after your due deligence in studying each project before investing, patience is of utmost importance in other not to jeopardize your efforts and potential fortune
"Patience is the key." This might be proven true especially now wherein for consecutive increases happening giving a bright light to the dark 2018. Many of us here would appreciate these increases though this is not enough for very ling downward market. Knowing this situation, waiting will be worthy.
Yeh, this phrase is very famouse and common. But it is really workable. I think that only in long-terms you can earn a really big profit. There is no doubt that sometimes it's more interesting to invest in short-term. But you should follow the main strategy of long-term.
Patience is really key factor in almost every life endeavour. It really helps alot. But not to be mixed up with people putting themselves in position of patience. For instance when you buy a coin, it goes up, you didn't sell hoping it will go higher, then it come crashing down. In that case you have put yourself in position of patience and that's really bad.
Which is why many fall victim of scam projects and shit coins.
actually you are wrong. Patience is the reason why so many are falling victim of scam projects. they are fooled into believing that if they buy and "bag hold" but call it patience then they will make a lot of profit. whereas in reality they are bag holding and losing money as prices continue to fall.
altcoins are mostly pump and dumps. when you buy into the pump you must sell before the dump begins or you will end up losing 80% or 90% of your investment. just ask thousands of newbies who have been losing that much in the past 9 months because they had "patience"!
Couldn't agree more with this statement, but this usually applies to ICOs, not to regular cryptocurrencies that have decent community development going on.
I've seen so many people who keep promoting projects, while they obviously have no intention of releasing any sort of product.
A lot of these ICOs are just quick money grabs and will disappear once they have their funding.
I have always imagined the act of impatience that some people have exhibited, just because the market was down for some time. There were people that sold their assets at loss, because they thought there will be continuous downtrend, but to their surprise, the whole thing has changed.
Well, this time also requires some level of patience, in the sense that, we do not yet know the direction the market will going the next few days.
In everything, patience is the key.
Well, this time also requires some level of patience, in the sense that, we do not yet know the direction the market will going the next few days.
In everything, patience is the key.
Patience is also the reason for success and sometime failure too,the people who investing on the cryptos based on the trust that the price of your invested coins will go higher in the upcoming days so you need to be patient when your time comes but being super patient means super greedy so in this case you will be supposing to lose your money like what happened to the people when the bitcoin reaches $20K in 2017.
not just in crypto space in every space patience is a key factor. just if you are a jet pilot maybe you can live with unpatience soul.
Patience is the keys in everything you facing out. Also in this case cryptosphere. So many projects offer the huge profit and claim the best project. caution is needed at every step.
Patience is the most important factor for the success in crypto world. If you want to be success. So don't be panic or impatient when you listen about the news related with bitcoin if the price goes down .Be positive much more efforts help you.
Jump to: