Investing in crypto, d like wetin peso no know wetin d future holds for am via em investment. You go fit succeed in am, or lose in am as the case maybe because investment for crypto get as am be, when the peso no invest in bitcoin but prefer to invest for altcoin instead.
OP, as Pi investment d evoke so, I think em get many people wey no believe on am up till this very moment and them no d ready to risk their money for am, they would rather invest for bitcoin or top altcoins than to add it to their portfolio.
OP, Lucky those wey follow for the people wey mine Pi for its early stage wey em worth nothing. And today wey em don worth something. In year's to come em go fit worth something bigger or less. The future of PI mining is uncertain for people wey still have it stored in their phones.
As for me, na bitcoin and some other top altcoins I know. Pi d very far from my reasoning of having it as part of investment I should make towards my future investment for crypto.
Topic: Why you need patience to invest in cryptocurrency - page 2. (Read 465 times)
Compliments of the season to everyone. Why It's good to be patient while investing in anything like cryptocurrency. About four years ago, my brother introduced the family to Pi, a new cryptocurrency that you can mine on your phone for free. He told us all we needed to know about it. Some of us were skeptical, while others ensured they mined every day, and some just ignored it. Over the years, some gave up along the way and never bothered to invite others or even continue mining.
Just three days ago, someone my sis knows contacted her that she wants to buy Pi at the rate of 300. My sister, who had been mining but gave up, and never believed in it again decided to sell hers. I tried convincing her that it's not a good idea to sell now because by 2025 when it will be launched, it will be worth more than what the person is offering. My sis wasn't convinced and sold hers for about 98k. She was so happy because she didn't believe the Pi she had been mining for years would yield something. Now everyone in the family is interested in mining now, because them don see small money my sister made from it😃
The point of this story is that many people have been introduced to various investment platforms but didn't have the patience to continue because they wanted to see profits as fast as possible. I'm happy because my sis, despite selling all her Pi, now realizes it's real and this will motivate her to keep mining. The person who bought her Pi is investing in her future because she understands its potential value when fully launched.
This is why it's good to buy as much Bitcoin during its bear run or bear market and not succumb to fear and sell them off. Cryptocurrency investments require patience.
Just three days ago, someone my sis knows contacted her that she wants to buy Pi at the rate of 300. My sister, who had been mining but gave up, and never believed in it again decided to sell hers. I tried convincing her that it's not a good idea to sell now because by 2025 when it will be launched, it will be worth more than what the person is offering. My sis wasn't convinced and sold hers for about 98k. She was so happy because she didn't believe the Pi she had been mining for years would yield something. Now everyone in the family is interested in mining now, because them don see small money my sister made from it😃
The point of this story is that many people have been introduced to various investment platforms but didn't have the patience to continue because they wanted to see profits as fast as possible. I'm happy because my sis, despite selling all her Pi, now realizes it's real and this will motivate her to keep mining. The person who bought her Pi is investing in her future because she understands its potential value when fully launched.
This is why it's good to buy as much Bitcoin during its bear run or bear market and not succumb to fear and sell them off. Cryptocurrency investments require patience.
When it's come to cryptocurrency patients is needed to survive in it, we cannot just decide to sell whatever we are holding just because we never gain much in it, not even in cryptocurrency patients is the key to success. That is very good for her, but if i were in her shoe i will do the same by selling the Pi because since how many years now, people have being holding that, they keep on extending their launching date, if person is not patient enough they will give up on that to even delete their mining information out of their phone. For this country many people believe on Pi that one day they most launch while some didn't believe on them.
Because they believe that the total amount of people that are holding Pi they are not small most especially in naija, you will see some mining Pi more than thousands, how did we expect Pi to pay all this people, i don't think it will be possible to pay, all this kind of thing you will mine for many years, end up having nothing, in my opinion i won't advise anyone to hold Pi just because they promise to launch, if they have the opportunity to sell they should sell. I no fit compare Pi with bitcoin because you go explain tired without evidence.
Asides cryptocurrency even in other aspects of our daily lives, patience is a virtue that you need if you must succeed in the long term because I have observed that things that last and have good fortune usually requires patience to be able to get them and maintain them in the long term enough to get the desired results or profits which is expected of it to yield. So it's very important that you have patience both in cryptocurrency and other investments you have because to be able to maximize profits then it's in the long term you will see such profitability.
Cryptocurrency needs a good amount of patience especially when you are investing at the time of the bear, you will have to wait a while for the bull if not you wouldn't be as profitable as you would have been if you had waited long enough for the bull to set in.
Cryptocurrency needs a good amount of patience especially when you are investing at the time of the bear, you will have to wait a while for the bull if not you wouldn't be as profitable as you would have been if you had waited long enough for the bull to set in.
The journey of crypto currency is a journey of patients, and we need to be singing it as a song always and also putting it to practice. The most important thing in crypto is the ability to be patient and if your are not patient you wouldn't be able to achieve success.
But in the aspect of your sister selling off her pi coin is up to her she owns it and she was the one that mined it. Like me I know how much time it took me to mined pi-network and telling me to sell of my pi so easily I will not. I started mining pi since 2020 and yet kyc problem otherwise I would have moved transferable coin to my wallet and out of thousand of it you can only make use of the transferable to mainnet. so value your pi except it's a doom project, because many has lost hope it even me. Because at a point I thought I was a billionaire with the hype of pi which was estimated to be $314159k per coin and its just like a fantasy.
But in the aspect of your sister selling off her pi coin is up to her she owns it and she was the one that mined it. Like me I know how much time it took me to mined pi-network and telling me to sell of my pi so easily I will not. I started mining pi since 2020 and yet kyc problem otherwise I would have moved transferable coin to my wallet and out of thousand of it you can only make use of the transferable to mainnet. so value your pi except it's a doom project, because many has lost hope it even me. Because at a point I thought I was a billionaire with the hype of pi which was estimated to be $314159k per coin and its just like a fantasy.
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The point of this story is that many people have been introduced to various investment platforms but didn't have the patience to continue because they wanted to see profits as fast as possible. I'm happy because my sis, despite selling all her Pi, now realizes it's real and this will motivate her to keep mining. The person who bought her Pi is investing in her future because she understands its potential value when fully launched.
You need patience when investing in Bitcoin but you need smartness if wetin you dey run nobi Bitcoin but altcoins. I never still understand this pi something, like some people dey call am scam while others dey call am legit but the whole thing just dey remind me of TBC (the billion coin). E get similar hype and everything, people wey dey mine or buy pi make dem know say no be Bitcoin success the coin go get. E fit get more profits pass Bitcoin but e no go fit be Bitcoin so make we no dey use because of Bitcoin dey buy am. The coin just dey complicated and when things like that dey happened, the best decision to take na to just avoid am and buy Bitcoin for hodling.
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This is why it's good to buy as much Bitcoin during its bear run or bear market and not succumb to fear and sell them off. Cryptocurrency investments require patience.
I no like as you use Bitcoin dey sell this pi something, no compare two of them. Bitcoin need patience and when you give Bitcoin patience, you'll be guaranteed rewards at the end but you no fit talk the same thing for pi as you fit buy and hodl yet na rubbish (worthless tokens) wey you go dey left with because nobody know how pi go be tomorrow. Many people dun buy altcoins with this patience mindset yet dem no get any profits from the investment. Altcoins no be wetin you go dey use Bitcoin mindset they follow. No go advise anyone to get patience with altcoins oh as na pure gambling you dey do there and not investment.
The problem people do have when it comes to cryptocurrency is that they want to make profit very quick, when they noticed that it will take time to make profit they lose interest in cryptocurrency. Cryptocurrency is all about patience, with at this it is possible to make profit from it because most time it is something that takes time to gain value. Because of the lack of patience many people don really lose opportunity in cryptocurrency and when dey realize say them don miss this opportunity it used to be painful because of time wasted.
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So to me patient has 2 ways negative patient and positive patient.
1. Positive patient:is when you have hope on something and decide to see to it end and it became a success
2. Negative patient: is when you hold onto something that is worthless or having patient for so long and given up nearly when you want to reap the fruith of your labour.
The point of this story is that many people have been introduced to various investment platforms but didn't have the patience to continue because they wanted to see profits as fast as possible. I'm happy because my sis, despite selling all her Pi, now realizes it's real and this will motivate her to keep mining. The person who bought her Pi is investing in her future because she understands its potential value when fully launched.
This is why it's good to buy as much Bitcoin during its bear run or bear market and not succumb to fear and sell them off. Cryptocurrency investments require patience.
This is why it's good to buy as much Bitcoin during its bear run or bear market and not succumb to fear and sell them off. Cryptocurrency investments require patience.
Number one, to succeed in this life, you must be patient because of the challenges you must overcome before you can achieve your goals. Many people who do not get what they need do so because they lack patience, because anything you know that will bring you income will cause you to see different things and you will be willing to take risks, and if you cannot take risks in your crypto journey, you will never succeed on it that is why they said you need to be patient and take risk that you can afford to lose.
You will never appreciate the benefits of Bitcoin if you are unable to leave it for an extended period of time, and I believe that is what some people do not grasp. In bitcoin, if they buy and see the price dropping, they will sell it because they believe they will lose all of their funds if they leave it, but that will not happen because the price is volatile and will rise for some time again, because I believe the price is currently dropping and am very confident the price will rise because the bull roll is coming, and if you have not bought, I believe this is the best time for you to purchase the coin in a safe wellet.
Patience is really important in any investment we are making. It's a good thing that your sister made money from the pi she mined for free. You know it is not Bitcoin so selling of at the rate of 300 is not very bad as nobody really knows what the value of that pi will be when launched. Whatever you are hearing now is a mare speculation. You should advise her to use the profit she made from the pi and invest it on Bitcoin and hodl. Since she has now seen that there is profitability in crypto currency and she made money in pi an alt coin, so she stands a better chance of making more than that in Bitcoin.
Those who had not been patient knows where their impatient has landed them, we need to be very observant in doing things, not everything requires being rush, we make mistakes while doing things in haste and those things that are promising high returns over a very short time were almost fake, everything in life has procedures, protocols and what is expected of us to do, we need to learn how to do things the gradual and normal way, you cannot plant a tree today and expect it to be fruiting immediately except you're been decieved about it, we have to create time in learning more about cryptocurrency to help us grow more in knowledge about it, this is the first security we have when we learn to do things the expected ways.
The point of this story is that many people have been introduced to various investment platforms but didn't have the patience to continue because they wanted to see profits as fast as possible. I'm happy because my sis, despite selling all her Pi, now realizes it's real and this will motivate her to keep mining. The person who bought her Pi is investing in her future because she understands its potential value when fully launched.
This is why it's good to buy as much Bitcoin during its bear run or bear market and not succumb to fear and sell them off. Cryptocurrency investments require patience.
This is why it's good to buy as much Bitcoin during its bear run or bear market and not succumb to fear and sell them off. Cryptocurrency investments require patience.
As the saying goes, there's no easy way to success. This is very true and a fundamental aspect of life we must come into terms with. Because man was created with love for the world and affluence, man is always eager to acknowledge and become acquainted with all the fantasies of this world.
This is where I think gambling got it's root even though I'm going to say this loosely but one can equally argue that due to the much love we have attached to affluence, it has made us impatient and always looking for the fastest and easiest route to success which includes gambling with small funds but expecting huge results and profits thereby loosing their odds for their win to lost.
All I can encourage everyone is to belive in the process and be upright into saving your money.
You don't need to blame just too easy as most times stuffs like this always end up without being productive at the very end. There have been same stuffs like this which later became worthless. It is difficult to identify which will pay off, so attempting first is best since their is no risk involved like depositing in money.
Patience is needed in every business not alone cryptocurrencies but every other businesses we intend to do, people lack this and this cost them missing great opportunities.
Patience is needed in every business not alone cryptocurrencies but every other businesses we intend to do, people lack this and this cost them missing great opportunities.
The point of this story is that many people have been introduced to various investment platforms but didn't have the patience to continue because they wanted to see profits as fast as possible.
But make we always know say if dem introduce you to a platform where dem go dey ask you to bring one money or the other one, hmmm make you wake up oo because some people still dey fall for dat type because dem want to hammer quick quick but cryptocurrency no be like that, e dey get season and of season like we dey approach the bull season now as some people don buy some coins keep down dey wait.
That pi don dey become popular and some people don lose hope on it. Time go come if e enter market, people wey dey patient now go begin smile. Some coins don come from buttom to top in the past like BnB, even dogecoin too. So pi go soon put film as usual like e dey always happen for crypto every 4 years.
Patience na crypto investment second name, any investors wey jam any credible projects wey get di potentials de profitable in di future na to buy am and hodle till e pump very well. But di problem be say how person wan take know better crypto wey no go become shitcoin in the future, after you done buy finish come begin to get dat patience say make e de appreciate, before you know di price don dump or di coin go just become worthless. So my point be say before you go hodle any crypto coin, make you do proper research, odawise na gamble you de take, na only Bitcoin and top altcoins I fit to put my money and get patience, because I de sure say dem go make me richer for dem bull run.
So for di OP matter I no fit to blame dem as dem de skeptical about di pi matter, because for money matter person need to de careful before im go put money for wetin im no know about. We de talk about patience for dis dem pi matter because we don see say e de profitable, what about plenty scam projects wey de for crypto market wey people go buy and las las dem no see shishi? So if person no put money for wetin im no de sure of, make e no blame himself if di thing later de profitable, because if na scam im go de happy say im no waste im time for di nonsense.
So for di OP matter I no fit to blame dem as dem de skeptical about di pi matter, because for money matter person need to de careful before im go put money for wetin im no know about. We de talk about patience for dis dem pi matter because we don see say e de profitable, what about plenty scam projects wey de for crypto market wey people go buy and las las dem no see shishi? So if person no put money for wetin im no de sure of, make e no blame himself if di thing later de profitable, because if na scam im go de happy say im no waste im time for di nonsense.
This pi matter no be small oo, me sef right from the start I no even believe in am, because I don do many mining like that wey las las e com be like say na waist I been dey waist my time and sub. I no go lie you even this pi sef to me e still get as e be, because by now Dem supposed to don launch am. And make I no lie you, though Dem still dey find wey to get more market cap so that when ones Dem launch am th price sef go still good for eye. But e most start from small, so person wey even buy now fit experience some loss when Dem launch am newly but with the help of more investors, the price fit increase. If to say dem launch am before the bitcoin halving e for good.
The point of this story is that many people have been introduced to various investment platforms but didn't have the patience to continue because they wanted to see profits as fast as possible.
The problem with most people is that they lack the understanding that everything has its own procedures and requirements, we can't just venture into an investment without first knowing about what it entails, we have to understand the model in making a cryptocurrency Investment, learn them and know as well the risk involved in cryptocurrency before we start, then we may understand if making profits is possible as fast as possible or needs a thorough patience over time.
Op don't blame your sister for selling her Pi token so early, that is what any newbie will do. Your sister might make the right decision by selling his Pi token on the black market because the Pi token is not traded in any exchange for now. There are no solid ideas behind this Pi token, people are just buying Pi based on the hype, and anything can happen. Remember TBC got more hype than this Pi token and they ended up scamming people of their money. Op no be everything require patience for crypto, you fit say make you get patience to hold your crypto others go use your money cash out for your head. That is why e good make we they only invest our money for bitcoin so that even though we want hold bitcoin for like six years other people no go use our money take profit and we come they at lose.
Cryptocurrency investments require patience.
For sure no be to by the bitcoin na the holding matters, for instance how long can you hold it, because bitcoin is not like other coin if can hold it for long then you will be able to see something not even bitcoin there are some altcoins which also regard with the long-term investment that means in general investment deals with patience.
That one na normal for crypto space and not only crypto space, with your example e good make everybody exhibit the habit of patience when holding bitcoin but not all crypto cause some coins are not meant for long term investment, some will decide to follow the hype but still some coins are meant for short term investment. people who fail to understand will end up not making any profit. Sometimes na patience we need for bitcoin investment and the knowledge especially those newly investors wey lack experience, why e dey important to dey patience with bitcoin na cause of the volatility nature of bitcoin so if any investor wants to invest in bitcoin for long term should be ready to wait and stay patience.
Most individuals were first introduced to cryptocurrencies, but their lack of patience is holding them back from accomplishing anything. They mistakenly believe that cryptocurrency is a place where they can make quick money, but investing in any platform requires time and understanding. Since anyone with information about a subject may simply go to a choose platform, knowledge is the most important factor in success; without it, one risked failing miserably at whatever they try to accomplish or start. For this reason, we must develop both motion control and patience before we begin investing.
Furthermore in order to succeed in the bitcoin space, we must educate ourselves. In order to determine which coins and tokens are offered for market, we must first grasp the basic principles of the blockchain, such as how cryptocurrencies actually operate.
Furthermore in order to succeed in the bitcoin space, we must educate ourselves. In order to determine which coins and tokens are offered for market, we must first grasp the basic principles of the blockchain, such as how cryptocurrencies actually operate.
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