It is scary to think that there are people who are investing in billions of dollars into bitcoin RIGHT NOW if you look at the whale moves whereas we are really scared of doing anything. Whoever sells bitcoin at these levels must be really crazy but even if you are not selling your bitcoin someone must be in order for bitcoin (and indirectly crypto as a whole) to drop in the price.
Now take that and combine it with the fact that since some people are selling it means some people are buying that means if the price goes even lower the people who sold were right about selling, however the big question is if the price goes up the people who bought during the market crash are the smart people because they invested when everyone was scared and took that risk and made money in return.
Topic: Transferring of wealth from the impatient to the patient! - page 4. (Read 1322 times)
You have said it exactly the way it is. Some people have to sell for some people to buy. We have witnessed a serious downtrend this year. Only within a few days, bitcoin dropped buy about $2000. For some people, it the end of the road while it means the opportunity to make good gains in future for some people.
Obviously! That is the thing about markets, someone has to lose for someone to gain, and there is no two ways about it. It is more like bidding, so it is now left for you as an individual if you want to be the loser or the gainer as time goes on. The reason why the bigger players can never lose is because they control the market and they have the funds to do so, but in most cases, how you are selling at loss is now dependent on whether you need the bucks to fill up some needs and you have no choice to sell lower than what you bought, or you are busy panicking and selling at loss. The latter are always considered the weak hands due to their level of impatience in the market when it comes to investment.
No matter the speculation, the fundamentals of cryptocurrency remain the same, the price fluctuations are always a part of any investment, it involves risk taking and decision making. It is best to keep a level head and not make irrational decisions.
till, I am very sorry that I did not sell my bitcoins in January. Then for the money I could buy myself an apartment, but now I can hardly afford to afford an economy class car. Maybe of course I will get rich, but when this happens, no one can answer me.
It is very easy to look at the past and say that you should have sold your coins at a particular point in time but you say that because you are seeing that was the highest point of bitcoin, if the price kept going up you will be very happy with your decision to hold, and that is what makes trading so difficult, you need to take decisions when stuff is not clear at all and your decisions will heavily affect your future, but you need to change the way you think, because as long as you still have bitcoin you will make money in the future. You have said it exactly the way it is. Some people have to sell for some people to buy. We have witnessed a serious downtrend this year. Only within a few days, bitcoin dropped buy about $2000. For some people, it the end of the road while it means the opportunity to make good gains in future for some people.
Just depends on the people who how much they can afford to lose in this bear trend,when someone can lose completely all their capital still there will be no problem them then they are the people who are going to make more profits than anyone else.
You have said it exactly the way it is. Some people have to sell for some people to buy. We have witnessed a serious downtrend this year. Only within a few days, bitcoin dropped buy about $2000. For some people, it the end of the road while it means the opportunity to make good gains in future for some people.
Just depends on the people who how much they can afford to lose in this bear trend,when someone can lose completely all their capital still there will be no problem them then they are the people who are going to make more profits than anyone else.
I am agree that patient is the key to make big profits in cryptomarket. Its long term investment because cryptomarket still at early stage. If many government regulate cryptocurrency, i am believe crypto market will more attractive and more institutional finance will invest in this market
You have said it exactly the way it is. Some people have to sell for some people to buy. We have witnessed a serious downtrend this year. Only within a few days, bitcoin dropped buy about $2000. For some people, it the end of the road while it means the opportunity to make good gains in future for some people.
Just depends on the people who how much they can afford to lose in this bear trend,when someone can lose completely all their capital still there will be no problem them then they are the people who are going to make more profits than anyone else.You have said it exactly the way it is. Some people have to sell for some people to buy. We have witnessed a serious downtrend this year. Only within a few days, bitcoin dropped buy about $2000. For some people, it the end of the road while it means the opportunity to make good gains in future for some people.
Just depends on the people who how much they can afford to lose in this bear trend,when someone can lose completely all their capital still there will be no problem them then they are the people who are going to make more profits than anyone else. 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.
Exactly the point, mate. I don't want to regret in the next two to three years when Bitcoin will spike to another huge price and i wouldn't have even a single BTC in my wallet. Most of the early adopters who out of doubts and fear of what the future holds, sold their Bitcoin are the ones who regretted and bought back their Bitcoin at huge prices during last year December bull market. 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 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.
besides being impatient, everyone is afraid to hold the coin too long, because the risk of losing is getting bigger.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.
we never know something that will happen in the future, so we will make a decision to sell when the price of coins increases slightly.
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.
I am really agree with your opinion. At currency market condition, people who impatient with market condition panic and selling their coin at cheap price. I think we should not panic and sell our coin because crypto always volatile and high fluctuation. If we are looking on bitcoin price history, bear market like happen like current condition. Better patient with our investment and keep hold it for next few years
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.
I am agree that people should patient with their own investment. Cryptomarket will always continue and i do believe its a long game. Holding it for long term is profitable.
The reason why there are people who became millionaire because of cryptocurrency is these early holders of bitcoin and ethereum. Back then, the prices of these coins way back very low. Imagine the price and ethereum becoming 5-digit and 4-digit in price will sure make you millinionaire.
We are seeing this clear as day right now. Do you know how we know that the money is changing hands right now? Because we can follow up on the big deals at the whalealert twitter bot. You can see there a week ago there was a lot of bitcoins sold there and money moving from "unknown wallet" to places like binance and coinbase and bitfinex or whatever. That means there was a lot of rich people who sold their bitcoins a week ago and turned that into cash. This is not certain but it is the most likely explanation. However in the past 2 days now we are starting to see money moving from those exchanges like binance and coinbase and what not to "unknown wallets" which means they are buying bitcoin now from cheap and sending that to their own wallets. Rich folk basically sold their coins at over 6 thousand dollar value and when the price dropped they started to gather as much as they can at lower prices.
Good things come to those who wait, as the proverb goes. But don't just wait for things to happen, pinning hopes on chance and luck. Use the gift of wisdom to spot for opportunity too. In the case of the current market, this will be a good time to consider investing more wealth into a legitimate coin you have done research on.
I am agree, good think will come to people who able to be patient with their investment. Hodling our coin is better option in this current market condition. If we selling at low price, we just realizing our loss and if we hold our coin, we have a chance to make proftis
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.
I am agree that people should patient with their own investment. Cryptomarket will always continue and i do believe its a long game. Holding it for long term is profitable.
You have said it exactly the way it is. Some people have to sell for some people to buy. We have witnessed a serious downtrend this year. Only within a few days, bitcoin dropped buy about $2000. For some people, it the end of the road while it means the opportunity to make good gains in future for some people.
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.
It’s not only about being patient, you’ve got to be smart and know what to do and when to do it. But anyway, Bitcoin will always favor those who have patience, depending on how long you can have patience. But anytime things are like this and the price is dipping and investors are quitting, know that something big is coming. If you trace back how Bitcoin started, you will see that’s how it has always been. When the ground is shaking, it’s best to hold on tight. 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.
Good things come to those who wait, as the proverb goes. But don't just wait for things to happen, pinning hopes on chance and luck. Use the gift of wisdom to spot for opportunity too. In the case of the current market, this will be a good time to consider investing more wealth into a legitimate coin you have done research on.
That is the reward of being patient, and many of them have proved it and now, I am sure that they have a lot of money because of bitcoin. And now, they have a good chance to buy more bitcoin at this moment, and they can buy as much as they want because the bitcoin price is down deeper. The impatient will gives nothing for us, and we can get the benefits from anything so it is the time to learn more about being patient so we can get something good in the future. Makes your mistake as a good lesson for yourself so you know what you need to do and you don't have to make the same mistake in the future.
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