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Author Topic: Patience is the key  (Read 17499 times)
rhythm005
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June 19, 2018, 11:49:39 AM
 #2221

I tried investing once. Since I am a person who wants to learn by doing some trial I really tried to invest to cryptocurrency. When I was new to cryptocurrency I made some mistake by spending when I got some little increase in the money I invested. Then after sometime I saw that the market is going up. And I said to myself that, if I waited and have some patience then I might have bigger increase in my money. After that I learned my lesson to wait and have patience when investing cryptocurrency.
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RemBlanc
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June 19, 2018, 02:57:34 PM
 #2222

As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks

This is true. Since investing in cryptocurrency needs to have a long patience because the market is volatile, sometimes it is in the red and sometimes is growing. Everyone should prepare themselves when they want to invest in cryptocurrency a very lot of patience is a must in order to make your investment grow. We just need to believe and give time to cryptocurrency.
beautygirl816
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June 20, 2018, 08:15:03 AM
 #2223

I totally agree with you. If some new comers reading these post , i would suggest you to stay away from trading if you don't have patience. Crypto is not a way of making easy money. You need to have experience , knowledge and patience if you want to make money by trading. Panic is the worst enemy in this business.
vmklq
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June 20, 2018, 08:19:18 AM
 #2224

Yes, investing in the encryption market must require enough patience. Because the encryption market itself is a long-term investment market. If you can't wait patiently for the market to recover, you'll lose a lot.
joesastro
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June 20, 2018, 12:49:01 PM
 #2225

I want to say if I very agree with you because patience is the key to success. Unstable market to stabilize prices. Therefore, we need patience with the indispensable virtues of today. And also in the decision that is not less important. Therefore we must know about all the coins because not all the coins on the market will succeed.

tavernakava
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June 20, 2018, 01:06:01 PM
 #2226

Completely agree with this statement. Crypto is still evolving as an ecosystem. I think people forget that Bitcoin was created 9 years ago and only hit International news last year with the price increase. Good things come to those who wait.
Schovgurov
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June 20, 2018, 01:08:45 PM
 #2227

The more important the patience is in our lives, the more important it is in the currency markets. some people are very lucky in this regard. People who are impatient lose money quickly in the stock market. For patience often needs to change the idea.
TopDev
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June 20, 2018, 03:34:17 PM
 #2228

Completely agree with this statement. Crypto is still evolving as an ecosystem. I think people forget that Bitcoin was created 9 years ago and only hit International news last year with the price increase. Good things come to those who wait.

Indeed they do. Even of prices are temporarily down right now the BTC hodlers profit in the long run.
moonriver
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June 21, 2018, 07:02:09 AM
 #2229

It is understandable that people get panic while the price was going down.
That is why most people can't make money in cryptocurrency.
I am glad that I have been holding my coins.
Newsky
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June 21, 2018, 07:13:22 AM
 #2230

Yes, we need to maintain enough patience, but it is also very important to understand the market conditions, and you need to spend more time analyzing the market so that you can avoid losses in this market.
giovinco
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June 21, 2018, 07:20:03 AM
 #2231

It is understandable that people get panic while the price was going down.
That is why most people can't make money in cryptocurrency.
I am glad that I have been holding my coins.

That's also why most people can't make money at all, not only in cryptocurrencies... The worst thing is to check daily price and calculate how much worth I lost. Look at price grapths. There are a lot of longer periods when the price was lower at the beginning of this period and much higher at the end.
sugarlady43
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June 21, 2018, 02:12:40 PM
 #2232

I think the same way. Patience is always good when we talking about cryptocurrencies market. Nothing gonna change after refreshing page with prices so better to relax and wait.
ngocson1923
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June 21, 2018, 03:17:57 PM
 #2233

Absolutely correct because in the world of crypto currency wherein there were ups and downs if you have the attitude of being impatient you will easily give up especially in the times where the market are on red so, I believe that having patience will lead us to success.
JanVanHellsing
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June 22, 2018, 12:46:43 PM
 #2234

Patience might be the easiest way to indeed make some solid profit but you also have to know when to sell. Selling is not always sign of weak hands but instead of logical thinking. Smiley

Very good point, I had some positions where I lost 80% over several months and there was no end in sight, at some point I decided to take the losses an einvest elsewhere. When I check now they lost another 50% since I got out so it was good to get out. But it‘s a very hard call.

asdnz86126
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June 22, 2018, 04:26:23 PM
 #2235

looking at the current state of cryptocurrency, I agree with you that the key of all is patience, patience will bring good results in the future, and don't be rash in making decisions.
Borisov
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June 22, 2018, 04:32:59 PM
 #2236

patience is the key, but not in the bear market, I am learning to trade on the stock exchange, I think it is more promising than just Hold.
Zyborg
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June 22, 2018, 04:45:49 PM
 #2237

As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks

This is 100% true if you have invested in solid project based coins which is continously backed by the experienced development team then you should hold that coin and wait for bullish period to come and then sell it.Patience is the key to success in crypto industy but never invest in shit coins and wait for bullish period.Always invest in best coins.2017 is the example of patience for crypto trader.
rinkujaglan
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June 22, 2018, 04:49:06 PM
 #2238

It is right, on suppose if the price are dropping and you have invest more than patience is panacea. On that situation you should not panic despite invest more because on the time price level is very low and you will realise that in future the price level will hike that kind of optimist you should be patience.
Minionnn
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June 22, 2018, 04:58:00 PM
 #2239

Impatience will lead to many regrets. I have seen many investors regret when they sell the altcoin when the market is red. If we are more patient in difficult times, the opportunity to profit more.

weertgilders
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June 22, 2018, 04:59:41 PM
 #2240

If you are in the business of cryptocurrency and want to be here for long time then I would definitely agree with you that patience is the key. Lot of people try for short term profit and they invest and sometimes they don't get what they want but if you want the profit then you definitely need to have some patience.
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