Patience is a key factor in making good profit from crypto. We have seen many situation where a coin price was low at the initial time and later it increased in price and only the patient ones made good profit from it. If you want to make good money from crypto then you need alot of patience
it is true that patience can be an important key to becoming a rich person, but when you trade it is very difficult to be able to control patience so many people are currently losing money because they cannot control their patience.
Topic: Transferring of wealth from the impatient to the patient! - page 2. (Read 1269 times)
I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.
I believe that bitcoin price will always tend to rise because I know the advantages of bitcoin which very usefull for us now and in the future so I keep hold it although many people do panic selling. I keep believe in it and finally I get so much profit on it. I amm sure that the price will still rise. I hope newbies don't do hasty trading. Although the price is move so fast but it doesn't meant that day trading is good. Trading when there is a signal is the best way. in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.
Patience is a key factor in making good profit from crypto. We have seen many situation where a coin price was low at the initial time and later it increased in price and only the patient ones made good profit from it. If you want to make good money from crypto then you need alot of patience
it is true that patience can be an important key to becoming a rich person, but when you trade it is very difficult to be able to control patience so many people are currently losing money because they cannot control their patience. 
I believe in what I do now that it will develop in the next 2-3 years. I don't want to regret anymore by doing panic sell or out of bounty campaign. I will continue to be patient waiting for him. 
It really really depends on the coin and a) it's features and b) it's community. If it hasn't got much of a community and there are no efforts to build one, then selling early is the smart move. Otherwise you might end up as a bag holder. For every coin that is worth holding there are about fifty that are not.
even how patient you are the feeling of panic and stress would really be felt thats why most people cant able to resist such thing
and making decisions that would opposes their long term plans.
I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.
Its a matter of win and lose situation. If someone loses then probably, there is someone who wins. Same as trading where if panic sellers sell their coins on a lower price, there would be a change of price in time and all of those smart traders benefit by it. Its always a cycle like crypto moon.
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
Patience is a key factor in making good profit from crypto. We have seen many situation where a coin price was low at the initial time and later it increased in price and only the patient ones made good profit from it. If you want to make good money from crypto then you need alot of patience
Indeed who have patience can make a lot of profit, for example when a new ATH will come for bitcoin the people who buy on last bull run and still hold for long can make a profit, the only problem is the time, but if they have enough money they should wait for a new ATH.
Very true, patient is needed to make a good fortune from the bitcoin market. While it's important the coin wants to hold for as long as 2-3years. Some persons are in the habit of buying bullish coins without checking the potential of the token. This has led some people into big debt. It's always safer holding bitcoin or well known good altcoins.
Patience is one of the key words often used in the crypto space and this signifies its importance to investors especially the long term ones. Out of impatience, some investors sell off their coins at low prices which yields them losses and when this happen it is assume that funds are transferred from the impatient to the patient. This happens because the patient investor always seize the opportunity to buy the dips an wait patiently till the price goes up in order to make profit when it is sold.
You are right, it is better we depend on projects that are already in the market and have very good services to offer, because most of these other coins that are not reliable will surely make us transfer our wealth to already rich ones and may make us end up being a bag holder like how so far this crypto space is doingCoins with stronger communities will definitely do better than the ones with weak communities, I judge communities based on how long they are willing to stay and uphold the project unlike weaker communities that are just there to dump the project for the short profit they will get.
Patience is one of the key words often used in the crypto space and this signifies its importance to investors especially the long term ones. Out of impatience, some investors sell off their coins at low prices which yields them losses and when this happen it is assume that funds are transferred from the impatient to the patient. This happens because the patient investor always seize the opportunity to buy the dips an wait patiently till the price goes up in order to make profit when it is sold.
I believe in what I do now that it will develop in the next 2-3 years. I don't want to regret anymore by doing panic sell or out of bounty campaign. I will continue to be patient waiting for him.
It really really depends on the coin and a) it's features and b) it's community. If it hasn't got much of a community and there are no efforts to build one, then selling early is the smart move. Otherwise you might end up as a bag holder. For every coin that is worth holding there are about fifty that are not.
Our concern for what will happen in the future makes us decide that cryptocurrency is another option to secure some wealth. Many people think that the decision is a mistake but we have seen the miracle of patience, which is the peak in 2017, where people who think healthy invest their wealth in crypto that at that time nobody expected or hoped the price was as high as when this. An investment will not fail unless you are exposed to fraud because any item in the form of investment even though it is not worth it at the moment but in the future the item will be far more valuable, as is the investment in cryptocurrency.
For those people who got wrecked up the that 2017 ATH will hardly believe once again to make some investment due to fear and lostof confidence.I cant blame them yet that scenario would really give out that negativity and for those patient who didn't able to sell off
that time will also have that kind of regrets because being patient too much do have also a negative impact.
Yes I have known Bitcoin for about 4 years now and I learned a lot.
And now I am taking my chance on holding what I can to get much more profit in the future.
I agree that we really need patient to be success not just in crypto but also in other stuff.
Exactly.Patience would be a good virtue if we want to make huge profits in bitcoin by holding them for several years.Profits most likely will come to those people who are not panic sellers and would stay calm even if the market turns sideways. And now I am taking my chance on holding what I can to get much more profit in the future.
I agree that we really need patient to be success not just in crypto but also in other stuff.
Our concern for what will happen in the future makes us decide that cryptocurrency is another option to secure some wealth. Many people think that the decision is a mistake but we have seen the miracle of patience, which is the peak in 2017, where people who think healthy invest their wealth in crypto that at that time nobody expected or hoped the price was as high as when this. An investment will not fail unless you are exposed to fraud because any item in the form of investment even though it is not worth it at the moment but in the future the item will be far more valuable, as is the investment in cryptocurrency.
Can't agree, when we talk around bitcoin, as time shows, holding it and doing nothing is less risky and far profitable than daily/weekly/monthly trading.
Btw it's not so easy to just hold coins, there are risks and you can't escape from them. News has huge impact on bitcoin's price, for example china bans mining. This news sounds terrifying, no one knows what will it cause, maybe that's the end and better to sell asap? Or maybe market will recover? And if won't recover? There are risks and we all want to get rid of them, that's why we are impatients in holding for long term.
You can always sell an amount to cover your initial investment. That way all you are gambling with is free money and fluctuations due to news and market events don't matter so much.
It really depends on your personal tolerance for risk. Bitcoin is not for the fainthearted because it's extremely volatile.
Yes I have known Bitcoin for about 4 years now and I learned a lot.
And now I am taking my chance on holding what I can to get much more profit in the future.
I agree that we really need patient to be success not just in crypto but also in other stuff.
And now I am taking my chance on holding what I can to get much more profit in the future.
I agree that we really need patient to be success not just in crypto but also in other stuff.
Let me add that even if you patiently hold for your coins to go pump, if that coins weren't have potentials, it makes no sense and it will not make you a millionare. The big thing here is to patiently hold some trusted, potentially and established coins like bitcoin and ethereum which was being tested for being a long term investments.
Also, integrating some strategies or making great steps aside from holding will even make you rich unlike doing nothing and waiting for the impossible to happen is like waiting the star to fall.
Can't agree, when we talk around bitcoin, as time shows, holding it and doing nothing is less risky and far profitable than daily/weekly/monthly trading.Also, integrating some strategies or making great steps aside from holding will even make you rich unlike doing nothing and waiting for the impossible to happen is like waiting the star to fall.
Btw it's not so easy to just hold coins, there are risks and you can't escape from them. News has huge impact on bitcoin's price, for example china bans mining. This news sounds terrifying, no one knows what will it cause, maybe that's the end and better to sell asap? Or maybe market will recover? And if won't recover? There are risks and we all want to get rid of them, that's why we are impatients in holding for long term.
I believe in what I do now that it will develop in the next 2-3 years. I don't want to regret anymore by doing panic sell or out of bounty campaign. I will continue to be patient waiting for him.
It really really depends on the coin and a) it's features and b) it's community. If it hasn't got much of a community and there are no efforts to build one, then selling early is the smart move. Otherwise you might end up as a bag holder. For every coin that is worth holding there are about fifty that are not.
I believe in what I do now that it will develop in the next 2-3 years. I don't want to regret anymore by doing panic sell or out of bounty campaign. I will continue to be patient waiting for him.
It really really depends on the coin and a) it's features and b) it's community. If it hasn't got much of a community and there are no efforts to build one, then selling early is the smart move. Otherwise you might end up as a bag holder. For every coin that is worth holding there are about fifty that are not.
**snip**
Why are you deliberately defying a forum ban on Yobit advertising in your profile?
Reported & neg'd.
Jump to: