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Author Topic: Patience is a virtue but how much patience do you have?  (Read 4740 times)
MCDev
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August 08, 2019, 12:17:46 PM
 #321

No one can be as patient as possible. They will panic when prices fall too deep, or they will sell too soon when prices rise. You will never have the patience when you invest with your property, that's why there are so many people here who have lost money in the last 1 year.


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Jannyh
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August 09, 2019, 08:53:08 PM
 #322

You need all the patience you can afford in the crypto space, but this can only come to action when you are sure you are holding a good coin, that is why one must be very selective in picking so as not to hold a shitcoin or one that will exit the space.

MaiQwaN
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August 09, 2019, 09:30:18 PM
 #323

I get the impression that cryptocurrencies and investments were invented in order to test people's patience for strength. Especially if you purchased your assets at the very top of the price.
pixie85
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August 09, 2019, 09:45:10 PM
 #324

I get the impression that cryptocurrencies and investments were invented in order to test people's patience for strength. Especially if you purchased your assets at the very top of the price.

Every competition was invented for that reason Cheesy When you invest you compete with others because there's not enough for everyone. Not enough fiat money not enough natural resources and stocks even not enough homes.

Some people go bankrupt and some are homeless and you are fighting to get to the top. Without patience and intelligence you will not go far!
bitcoindusts
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August 09, 2019, 10:01:25 PM
 #325

Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?

It's really hard to control if your portfolio is not spread enough that you still have a small profit from other coins, if you only rely on one coin and that coin started to dip you will be disappointed because all your hope rely on only one coin, it's different if you have a balance portfolio.
It’s a good idea to have variety of investments in our portfolio but it is also difficult nowadays to predict which of which among the altcoins are gonna give us hope. If we look at the suggestions and opinions other people in this forum have, they suggest to invest only in bitcoin because so far, it is the one that stood through the test of time and still at the top until now but like what you’ve said, it is still sad if you only have bitcoin in your portfolio specially during the time of famine (bear season).
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August 11, 2019, 11:59:08 AM
 #326

Yes patience is the only key to our success,it is in our self attitude to do by waiting and make lots of patience in a long run for us to achieve the bright future.,
If we dont have that kind of ability"patience"we might be so loose all our hopes and possibilities to commit success.

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