Be patient for your profit

[MakLampir]

many people are impatient in holding their coins so he sells them in the cheap coin prices and I think it is a mistake so that people do not benefit

[Habakkuk77]

One of the characteristics of a good investors is the attitude of being patient. It is natural that price changes at anytime but we should not get discourage if the price goes down, it good to take time and wait. Those who are impatient got no much profit and they regret for not waiting.

[iwill100]

of course i agreed with your saying.
for those who counting fingers for quick bucks it very much likely to invest in good ICOs. most recent Wabi can take as an example. ICO price was 0.25 and it hits market with x5. quick bucks right?  

But i recommend investors to develop patience and learn to HODL. Keep in mind that BITCOIN took nearly almost 9 years to reach 17K from something 0.005.   
"Guy named Koch bought 5,000 bitcoins in 2009 for $27"

[ahmedjamal1998]

Hi,

I see a lot of members waiting for like 7 days and they didn't getting any profit..
After 14 days the price is dropping..

They screaming on bitcointalk and Twitter.. (some of them  )
My answer.. Just wait!

- Developers can't work 24 hours a day
- don't check the twitter or ANN every hour 
- a project in blockchain isn't a job for a week.. Be patient..
If you wait a year or a couple of months you get much more profit.

I'm not sure if you're talking about a specific coin or ICO but you've got a point in there that needs to get some attention and should be learned by everyone. What I'm talking about is holding crypto in general for long time spans.
I learned this the hard way. I mined a lot of Ethereum and zcash and sold them at the range of $300 each. At that time, mining was totally unprofitable as prices were low, difficulties were high and everyone was selling. So I did the same.

Fast forward to today >> Watch the prices. I could've made more than the double with my ethereum and zcash coins. I've always been bad at making choices of the time to sell until three months ago when I decided to stop selling crypto and just wait and watch. And it actually paid off. Bought btc at $8.7k. Watching the price go up and down and just don't care. I'm buying ETH to hold for the long term as well as ETN. They're promising coins and will totally be worth a lot.

hmm that advice would be good for the whales but what about the investors or traders who allocate all the capital they have for a project or coin and they want to profit quickly, is there a solution for that problem?

No. If you invested in a good coin (and by good I mean a popular useful coin like btc, ltc, eth, zcash, xrp etc.) , there's no need to panic sell. That's exactly what the whales want you to do. They want you to sell for a low price so that they can buy in again. That's why the best thing (again only if it's a good coin) would be to take a chill pill and wait maybe even buying more while the price is low.

[Yaunfitda]

Each project is different,  sometimes dev's are better and more efficient with developing and sometimes is a one person like it was in NAV project at the beginning. Best lesson is life, I was waiting 2 years and sold my nav's for 2BTC at that time (december 2015) if I wait 2 more and I will have 20BTC.

Damn mate, what a difference if you have just waited more, since you have already the mental toughness to last 2 years waiting for it to grow. I think you have already move forward then. I have the same experience though, could have 7 bitcoins by today.  

a lot of newcomers to crypto who dont have that much knowledge panic when the price goes down.
they think this is the bursting bubble that everyone is talking about, i am going to loose my investment aaaaaaaaahhhhhhhhh 
they have to learn patience for crypto

Exactly that's the very definition of Weak Hands - impatient, and not holding on their coins tightly. And to add to that, they really think that the price will really go on parabolic all the time. And then when the graph shows that it is dropping, they quickly push the sell orders, all because they panic. In this kind of industry mindset and feelings are very important. If you are very soft, you can't last in this world. Learn how to control your emotions and be patience so that go on a distance and earn huge amount of bitcoins.

[junjunsalsalani]

the key to success in trading altcoins is to have more and more patience,its a morelikely a waiting game if say so.

[boakyei]

Patience is the only way one can use to achieve a massive result from bounty campaign. When a coin hit exchanges, all those who benefited from the free coins want to easily cash in. But those that paid for it in the ICO are patient to wait and cash in big when the project hit the market. Thats why u need to read the whitepaper and follow the project roadmap.

[bribed]

What OP is saying here is just the truth. I cant stand when those people start screaming and fudding away just because their coin hasnt generated them profits after a short period of time. This is just silly, no investment can bring you instant returns. Also not cryptos. Warren Buffet said: "Always invest for the long term", and if somebody should understand something from the matter, its Warren Buffet. If he was in crypto, he would say the same and not be spreading fud that even hurts his investment.

[Jarx]

What OP is saying here is just the truth. I cant stand when those people start screaming and fudding away just because their coin hasnt generated them profits after a short period of time. This is just silly, no investment can bring you instant returns. Also not cryptos. Warren Buffet said: "Always invest for the long term", and if somebody should understand something from the matter, its Warren Buffet. If he was in crypto, he would say the same and not be spreading fud that even hurts his investment.

I'm totally agree with you. I hate when this guys are screaming on every corner that they invested in some scam, waited for a couple of days and the is no profit. What's wrong with people? Does they know the definition of the words "planning", "tracing", "investments" and "contemplation"? It's always about a long-time planning and careful invest, not about "panic buy/ panic sell".

[AgentZero23]

You need a lot of patience if you need to achieve your goals. You can't be a millionaire overnight. Holds your coins don't sell it because your not getting what you wanted or it's slow in generating profit. Just be patient and wait.

[happyme1818]

many people are impatient in holding their coins so he sells them in the cheap coin prices and I think it is a mistake so that people do not benefit

If it is an ICO you need to wait at least a year to get a better profit but it depends if you really study and research the coin that you choose. Make sure it is a solid project and with a credible developers/team behind it. Consider yourself lucky if it grows in two or four months.

[babykika2027]

yeah you're right, sometimes i can not be patient, first get reward from bounty campaign always want to sell it soon, especially when the price goes down then i panic and after few weeks i regret because the price increase. just be patient and do not panic, and do not forget to keep monitoring the latest updates from the developer

[eldub]

Be patient for your profit. Truer words were never spoken. After many years of trading crypto, I've learned that impatience always costs you money and patience makes you money.

[Ayiranorea]

Always having patience is the best one can do to get profited. The patience need to be maintained upon the price move happening with time period. Some grow instantly, some requires certain time period for growth. What I have understood is, being patience will help with the growth.

[Pasnik]

Be patient for your profit. Truer words were never spoken. After many years of trading crypto, I've learned that impatience always costs you money and patience makes you money.

In trading patience will always bring success. When hold and sell when profit gains I believe you can be success in trading. Yes learned always to be patient of you noticed a certain coin offer a big future just like bitcoin.

[ZaynDale]

As they say, Patience is a virtue. No one at the top became successful or became millionaire without attitude and patience. Everything here needs patience, no matter what business or work you are into. Even those who win on lottery  had patience. Do not be greedy on profit for just a small period of time. When price increases, you might regret taking your profit right away.

[gikere]

They should've known what coin is for short day trading and what coin is for long-term holding.

[oyinkansolaberry]

You hardly go wrong with patience. we should know that for every coin you buy or get from Airdrop, you need at least one or two years for it to start appreciating in value. even those you want to trade within short term still require like 6months to appreciate.

[gulshan1]

Yes,Patience is the best and big profit maker machine which has become many millionaire of that person who have invested in the bitcoin in 2009 to 2014
and now they are enjoying bitcoin profit.Crypto market trading is a patience game and it take some times long time or very less time but who have a patience he is always won the game and earned the profit.

[ZaynDale]

You need a lot of patience if you need to achieve your goals. You can't be a millionaire overnight. Holds your coins don't sell it because your not getting what you wanted or it's slow in generating profit. Just be patient and wait.

Totally agreed, patience is a must. It should not be an option. When we enter in this kind of business as what others call it, we must learn how to be patient. Because your impatience will just lead you to regrets. If you are a goal oriented person, practice patience first because there is no magic here.