p3ppymon
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March 22, 2018, 09:52:37 AM |
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I do think that if a project has strong fundamentals and a great idea, the price cannot go down. If this is the case, I would blame something else, in primis speculation. But long term scenarios might be brighter.
PS. OP got merit for basically saying: hodl. Good reward.
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illymoka
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Merit: 10
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March 22, 2018, 09:53:54 AM |
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It should also take into account the fact that long-term investments from the year bring great benefits to the investor and almost never burn out, whereas with a temporary drop in quotations short-term investments will be completely unprofitable.
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PageDown
Newbie
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March 22, 2018, 09:58:42 AM |
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You're absolutely right. Price hike don't happen instantly. Just be patient. That works a lot.
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saekotye07
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March 22, 2018, 10:03:17 AM |
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some of them are impatience specially those the beginner.. because they think if there invest they become rich quick.. need a patience to have a great profit.. aside of that the value of btc is now dumping that's why there are all in panic situation.. always remember the value of BTC is volatile.. so need to wait until it pumping up..
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Naman1111
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March 22, 2018, 10:03:26 AM |
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This the golden rule. For now you can keep identifying the coins which will pump bcz of bull market. Once he bull market market start it becomes difficult to identify bcz everything moves up and greem. So identifying the maxmium potential in coins can help to make gain more. Like EOS is trading between 5 and 7 dollars and u know when things start moving it will easily cross 30 $ so 4x potential from here. So sit tight keep observing coins like that. Good times are coming ahead.
Embrace yourself and be like ZEN
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eugene30
Sr. Member
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Activity: 338
Merit: 250
What have you done. meh meh
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March 22, 2018, 10:04:44 AM |
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I am trying to be patient in waiting for my profit because I know that it is worth to wait. As long as I don't need extra money yet, I'm not yet withdrawing it because I know that its value would increase.
We can't profit here if we our hot headed always. Patience is the key if you want to aim for your profit. There are a lot's of happening here in crypto market where there is always a slide in the price. When i was new i was eager to profit everyday and that cause me headache because i can't reach my target then i realized why not wait for the right time to profit and not to force myself. I think i cool my temper now than before where i always need more profit.
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xpazer
Jr. Member
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Activity: 136
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March 22, 2018, 10:06:39 AM |
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some of them are impatience specially those the beginner.. because they think if there invest they become rich quick.. need a patience to have a great profit.. aside of that the value of btc is now dumping that's why there are all in panic situation.. always remember the value of BTC is volatile.. so need to wait until it pumping up..
Yup, i I totally agree with your thoughts. A sure everyone come to crypto will remember when big pump of Bitcoin at the begin of the year, most frienđ ask me how them can invest crypto haha
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Bitcoininspace
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March 22, 2018, 10:23:36 AM |
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I'm surprised at those who invested in one coin and are waiting for a lot of money the next day! It's stupid at least, the market is volatile and you need to sort out the trading in order to start building up your capital.
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Webcelerator
Copper Member
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March 22, 2018, 10:29:56 AM |
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Waiting is the most important rule for cryptocurrency. No need to set yourself up for a quick profit.
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KTChampions
Legendary
Online
Activity: 2520
Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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March 22, 2018, 10:36:04 AM |
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I think yes be patient. since I joined the crypto community I learned to be patient. Survive for several months maybe a year. then you will see the benefits you are looking for.
I agree with you if investing in 10 projects and waiting for a year or more results from their work, then the profit from successful projects will be greater in several times than the investment made. And if you are lucky and you have chosen promising projects, then the profit will be huge.
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Aleksandr_ov
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March 22, 2018, 02:28:27 PM |
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I for example do not run rushing to sell coins, so they sank 80% from the end of January 18 and that panic, sell at the bottoms and minuses! no! We are waiting for the uplift, it is already around the corner!)
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iqlimasyadiqa
Legendary
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Activity: 1596
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March 22, 2018, 02:34:30 PM |
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I think yes be patient. since I joined the crypto community I learned to be patient. Survive for several months maybe a year. then you will see the benefits you are looking for.
I agree with you if investing in 10 projects and waiting for a year or more results from their work, then the profit from successful projects will be greater in several times than the investment made. And if you are lucky and you have chosen promising projects, then the profit will be huge. Choosing an investment is indeed the best, but if it is not based on patience then we can not get anything. Investing not only requires a lot of capital, without any patience and calm then we will not get the best results. An example is that we are impatient when there is a price decline in a coin, whereas in some future time the price may increase. That is a mistake, but with patience we can improve the situation and get much better results.
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Leonia-Ridinger
Newbie
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March 22, 2018, 02:36:51 PM |
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I think that making it possible for anyone to invest in crypto is great, but the fact is that is has opened gates to inexperienced traders. I am still a noob, after a year of trading and watching the market. Also, when you see price of a coin go 7x in a matter of days (not talking just about the January bull run, but that happens in general, pump and dump, etc), then you think it's a regular thing, and you want to have that kind of gains with your coins too. I definitely agree about being patient. My suggestion is to play the long game. Trying to day trade when inexperienced will suck you in and become an obsession, but doesn't guarantee you'll see large gains. In fact, I think long term holding is most likely to bring big gains if you choose projects you believe in, and if they really are solid. Imagine trying to trade a coin that has a private beta out, and you are trying to hang to any news about it, like conferences and dev updates. There simply isn't enough to go on yet. Then, imagine when that project releases a major version. That's gonna drive up the price. But, imagine when a little more time passes and they start gaining traction and start being used more widely. That's when you'll se the largest gains!
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lightning mcqueen
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March 22, 2018, 02:43:09 PM |
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I'm surprised at those who invested in one coin and are waiting for a lot of money the next day! It's stupid at least, the market is volatile and you need to sort out the trading in order to start building up your capital.
yes i believe that patience is really the key to be successful here in bitcoin, because success cannot earn overnight, we need to be patient and wait for our investment to earn
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404edson
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March 22, 2018, 02:51:04 PM |
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That is better insight for today's Crypto behavior. You cannot meet your expected profits instantly, you have to surpass the obstacle obtained on it. After a months or a year will be the best for you to earn a greater income. For the newer traders you should have to be more patience in every circumstances happened today that can cause you a lot of loss on just one move. Remember that regret is on the last part of everything.
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thisappointed
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March 22, 2018, 04:32:28 PM |
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I'm surprised at those who invested in one coin and are waiting for a lot of money the next day! It's stupid at least, the market is volatile and you need to sort out the trading in order to start building up your capital.
yes i believe that patience is really the key to be successful here in bitcoin, because success cannot earn overnight, we need to be patient and wait for our investment to earn Well if you are going to be practical then waiting is the key for the sure profits after all of this dumps that is happening right now. Panic selling won't help you or would benefit you, besides, you might ends up regretting that you have sold your tokens because you were afraid that you are going to lose more if you are not going to lose in an instant(the whales got lucky).
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IMNOOBODY
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March 24, 2018, 11:21:59 AM |
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We have to understand a very simple rule. The more profit - the more risks. Many people want to just earn crazy money in a very short time.
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Tawong38
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March 24, 2018, 01:23:04 PM |
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We should be patient in everything that we do and everthing we dcide need to be planned.gaining profit is not easy it involves a lot of patient especially in dcision making we should know the benefit of waiting so that in the end we wont regret.
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Patadong
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The stock photography revolution
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March 24, 2018, 01:37:59 PM |
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Yes, the most important is patience because i believed that the price will be rising again, if the bitcoin increase a little amount just hold it and don't sell.
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nfransisca
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March 24, 2018, 02:10:23 PM |
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what a good thread here. i agree that patient is most important in cryptocurrency. don't be panic when the price is going down. keep waiting and believe what you hold on.
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