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.
of course it requires patience to reach that price. have you ever seen tweets from the owner of binance? he once sold his house to buy bitcoin in 2015 but after that the price dropped from $600 to $200. I want to say that you need patience to get a big profit on this investment. 
Topic: Transferring of wealth from the impatient to the patient! - page 5. (Read 1323 times)
Your thoughts make me smile and this will encourage me to continue investing in crypto. I agree that crypto investment still needs patience especially nowadays where prices fall very deep, and only people who remain optimistic and patient will enjoy the results in the future
These days it's hard to be patient. There is a lot of information around and in most negative. Each time opening the news and even the forum you start to think that the last day of Bitcoin comes and only incredible willpower does not allow us to sell our assets.
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.
This is something that the great investors know and they apply that concept very effectively anytime they can, most people when they are losing money have very negative reactions to that fact, many have very extreme physical reactions to it, they get sick, they get headaches and other similar symptoms and that is why they sell because they cannot stand to feel that way all the time but the great investors have learned to dissipate those doubts in their mind and keep holding their investments if they think their investments are any good.
For several days the crypto market has selected investors. There is a choice of those who earn, and those who lose their money.
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.
Sometimes, holding on they say does more harm than letting go. Sometimes having patience in this can be a waste of your time. If you want to invest and hold with Bitcoin all you’ve got to do is make enough money first from your main business, then take out money you would love to spend from what you’ve got, you can then spend it on Bitcoin instead of spending it on unnecessary things and then forget about it till there is change. 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.
Sometimes, holding on they say does more harm than letting go. Sometimes having patience in this can be a waste of your time. If you want to invest and hold with Bitcoin all you’ve got to do is make enough money first from your main business, then take out money you would love to spend from what you’ve got, you can then spend it on Bitcoin instead of spending it on unnecessary things and then forget about it till there is change. 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.
The cryptocurrency space is still an evolving platform, to earn you must be patient to have access, to the wealth of this age, do not invest and expect an instant return on investment, several project in the space are just on the developmental phase of there project.
True! This space is new and it is gradually growing every single day, so in a way, it is a normal thing to get to see people becoming impatient which I am sure over time as the market keeps growing in adoption, usage and value and they manage to keep holding through all the thick and storms, they will get to realize the reason why we all keep saying, if you cannot trade, it is best to just hold and focus on the future. The future apparently to me is bright and every one that sees the real value this space brings to humanity when it comes to freedom and how we spend, they will know this is something with a great future. I digress. There are cases in which holding for too long causes an investment to lose its value, and even if bitcoin and crypto has repeatedly rise over several occasions and broke their previous records, how sure are we that the next time around we will be reaping the same amount just like what we had back then? Not that I'm against hodlers, but we can never be sure of crypto and bitcoin holding their value for too long. Diversifying one's investment is still king for financial literacy, as you always have a fail-safe when things get rough. Hodling long-term is okay, but putting all your money in it is not.
actually to be safer we don't put all our money at one point, maybe if it's far better to start putting some of our money in other fields, just in case something happens that we don't want, but it all depends on everyone's soul because not everyone is the same in looking at property. because bitcoin is not always safe to put all our money, if there is a crime against us not all of our money is used up.
This is considered a good financial expression of a certain wealth that should be manage carefully, if a certain wealth will be at a hands of an impatient persons ,it will not create good effects in the gaining of profits for your wealth or investment, so it is rather be good to transfer to a persons with a lot of patience , for it will results into good output and profits especially this cryptocurrency technology ,that needs higher patience.
I think it is reasonable if there is someone who is impatient with the fluctuations in the crypto market currently buying and selling due to the many positive and negative issues. for those who have more money and invest like buying bitcoin and being held for 2 to 3 years is a brilliant idea.
of course it takes really high patience to be able to hold the long term for the next 3 years. but what you sacrificed in 3 years will be very concerned with the benefits you get later. if you are impatient with negative issues, then you better avoid information about crypto as long as you hold it, it will prevent you from losses 
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.
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 quite agree with you that being impatient can make one to lose or not profit as much. But can we really blame the impatient who is satisfied with his/her profit or the patient one who is holding big bag of shitcoins? Being patient and discipline is crucial in this kind of market, however one must wait with common sense. 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.
If you are patience, only then you can survive in this crypto era.
Holding is not always good either, it’s all very relative.If there is really faith and understanding, then yes it is relevant.
I support you in pursuing a hold strategy to make rich. But not everyone in crypto chose the role of the holder and everyone has a different notion of wealth. Therefore, let's respect different opinions.
they are here because they want to make shit loads of money and at the end, they end up regretting the fact that they never had any long term goals as the case may be. If you are always in haste for something, the chances of never getting to see a better chance will always be there.
I think the impatient started to be right at around 6th month, the price has been around these levels for so long that the impatient decided it doesn't really worth it to wait the bear out. Right now, the market seems so boring that I might as well invested into gold or something and still came out better than this (didn't check it tbh, don't quote me on that) even tho gold has been the slowest rises in the historical sense.The price went up to $20k which is nice but ever since those days it has never had a proper green market for long time and because of that the impatient people have started to say "it is enough thats it!" and left. I would understand for couple months this could have happened but it has been nearly a year of this and when you are down for over a year it is not easy to be patient.
If roger ver spends millions of dollars into this war, it doesn't matter to him because if he wins he holds 1 million bitcoin cash with each worth 300 dollars, that is more money than he can dream of so he will be super rich, it worths more to keep fighting than just giving up.
You are very correct. Impatience is the major issue here and it is the line between failure and success in the cryptocurrency space. The patient ones are mopping up cryptocurrency from the impatient who often sell their coins at the sound of any negative news. In future, the patient ones will have a good success story while the impatient will be in regrets.
If we are actually to look at the majority of the people in this space right now, they are those who came into the cryptocurrency scene sometimes late last year due to the FOMO and promises of getting rich overnight with a bad mentality and not even taking the time to learn what the space is all about.In that case, looking at the current situation, it is always a normal thing to get to see a lot of them get to panic and impatient to the extent of just giving up on the future of the market, because like I said, they never took their time to know. This is always the target of the whales most of the time, and I am sure they will never stop until they get the last weak hand out of the market in their favor.
It is true that wealth dispersing caused by the patience when you use your mind and business behavior you can not lose any contract if you have patience and when you make decisions in hurry mostly you will lose in this problem and in general it can be said that wealth transfer from impatience to patience 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.
I quite agree with you that being impatient can make one to lose or not profit as much. But can we really blame the impatient who is satisfied with his/her profit or the patient one who is holding big bag of shitcoins? Being patient and discipline is crucial in this kind of market, however one must wait with common sense. 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.
The funniest part to this whole thing is the fact that in as much as they all keep saying banks have been stealing from them, you just realize that even at this stage, the same gullible people who want to get rich overnight are still allowing the same banks and financial institutions to play with their emotions and get them thrown out of the market, since all they will ever be is weak hands.
Jump to: