Topic: Patience: The key factor to succeeding in the crypto space - page 5. (Read 1433 times)
Of course, patience is the most important factor for success in the crypto investment but hodl blindly, waiting will always bring harm. Especially in the crypto market it is useful to follow the project and observe the developments. If the project has paused, our investment has turned into an unknown period, If we aren't sure that the project will progressing, it would be a good option to abandon that investment.
It is true that it takes absolute patience when we have entered the crypto field, especially when the red market is of course there is its own concern and confused about selling or keeping it in this case we must be able to think logically what is the best thing to do to face the market that is in turmoil
There is hardly all people able to be patient on this, many people loosing their cool when looking on the market going red. They get easily getting panicked and they end up dumping their coins.
in the crypto world the key to success is patience, in all aspects of the crypto industry. say for trading, we must be patient because sometimes price movements are very slow. long-term investment, we also have to wait long to return to the month after the market has fallen dramatically. and the most important is the bounty campaign, where we have to wait for the distribution of tokens and the process of launching to the market exchanger. so the point is we have to be patient in everything in this crypto industry.
Patience is more than a credo for me... As my experience on classic markets was not profitable at all, I learned to keep calm in front of any variation of my wallet's value.
Consequently I decided that the best way to avoid impulsive sell was to hodl all... I won't sell anything before years.
Consequently I decided that the best way to avoid impulsive sell was to hodl all... I won't sell anything before years.
Patience will lead us to victory. This is like what happened to crypto many people were in a hurry and did not consider what he would do. And when they hear negative news, everyone panics and sells coins at cheap prices. You better keep holding coins and you also have to do research.
As a rule, many are trying to sell their coins as quickly as possible, although you should wait until prices rise, in such cases, patience is really very necessary!
That's right but many bounty hunters are always eager to sell for irrelevant excuses that makes the value of th tokens decreases a lot from ico after sometime when the price a very valuable then they regret selling.
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"!
Realizations. Actually youre right. ICOs give not profit but a lot of patience and ending up scamming all their investors. Newbies mostly are eager to invest on new projects and they will told to have patience because the project is still growing. After some time, they will notice that the ICO is a scam and they cannot bring back their money because of the long time difference. Patience is good but not on everything.
Well if you don't have patience then i don't think you belong here. Since you can really attain a lot from crypto only with patience and some genuine decision. You always have to see beyond what others see.
Yes, I think that the most important thing that anyone who comes to crypto should understand is that they will not get rich here immediately. You have to understand what you're doing and be aware of it. If you do not have the proper knowledge to invest your money you can lose them.
Well, there's a lot to consider when we say factors to succeed but I quite agree with you about patience. But patience alone will never be enough. If we will say that you are patient but you are lazy to do the necessary tasks then you will not succeed. Or you are patient but you are not a smart decision maker then all these things will be in vain. We should all consider what to do with what we have. Be patient, be smart and not lazy. I am sure that we will succeed. Learn new things.
i am doing in this period of uncertain market a long-term hold strategy but there is the risk that some altcoin/token are delisted by the exchanges or that they lose their value completely to never go back...
It’s good to be patience in this, but the kind of project you’re being patient for matters a lot. Some projects are not worth having patience for, that’s why you should follow with every coin you’re investing in and also know what the media is saying about it so that you don’t make a mistake. Not all of these coins do survive, some of them will end up dying at last and investors losing their money in it. The only time you can talk of having patience is when it’s a good coin, just like the top coins, example – BTC.
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.
Most of our ICO projects are bad projects. they don't really give out products as they recommend and they only care how much they attract. investors in the crypto market are the same, so the inquiry will not be effective.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 think we should get more relationships with many big investors, we will get good news from them to invest. Add a little patience, we will be rich without analyzing the project!
It's not also just about patience but you also need to know where to seize an opportunity. I remember a post in a website where a guy invested in different tech companies and after one decade he checked and found out that he just made losses from all of it. So the lesson is be like lion or predator where you wait and then catch your prey when the right moment arrives.
Like i always said and others too that patience is the best thing to do to in Cryptocurrency World. And also the key factor to success in the Crypto Space. But of course together with patience is hard work and determination in life too to make you more very success.
I think that patience in the world of crypto-currencies is a rather extensible concept, since sometimes patience can be equated to greed, which makes you wait as much time as possible to get more profit. I always thought it was worth acting on the basis of the situation.
As a rule, many are trying to sell their coins as quickly as possible, although you should wait until prices rise, in such cases, patience is really very necessary!
Without patience you won't be able to achieve your goals in crypto market. You should not sell your tokens on the red market and not every investor has such a patience. Just wait for the better market and you will be rich.
I agree. The main reason why many investors are dropped down hard for this part was they have no patient to hold their tokens. The tokens will not be automatically rise for a thousand folds in just a single day. So you need to be patient.
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