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Author Topic: Patience is a virtue but how much patience do you have?  (Read 4736 times)
charlop24
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August 14, 2018, 09:43:28 AM
 #201

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?

My patience is is wearing away, I've been patient for so long. It's not been easy waiting since December last year for a bullish trend only for the market to be going lower. I've even regretted waiting this long. It would have been better to take a little loss and continue, instead of waiting this long only to see a deeper loss. Its getting unbearable.
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Allura74
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August 14, 2018, 09:55:12 AM
 #202

I don't have enough patience, but I keep hold all alts which price is close to 0. Hope they will remain value one day. We don't have any options rather than hard work and patience. Also there is a good point to find a job,because crypto prices are too low to get income in crypto
Crypto currency is volatile so we should understand of what is happening now and as for me I can hold enough patience regarding this matter and all the market situation but not for those ICO admin that always give frustration for the promises they have made and with that I cannot assure where do my patience end maybe they can directly say something not favorable than give us expectation that have only made to be broken.

gezhid008
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August 14, 2018, 09:58:23 AM
 #203

I know it's important to invest in cryptocurrency patience, but right now the market is down 80 percent and I'm sure a lot of people are starting to panic selling.

However, I still believe that the market will reply, do not sell when the price is low.
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August 14, 2018, 10:00:15 AM
 #204

I have really so much patience, but with this decline even if you have no patience selling at these prices makes no sense.

fortelen
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August 14, 2018, 10:24:27 AM
 #205

Yeah, patient is a very important thing to have if we are getting in crypto. Nothing without patience. We can say that the patience is one of the ways going to succeed. However right now, we may not know how much our patience, how far. What we must do is only by keeping strong and patient all day long if we still want to be in cyrpto.

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August 14, 2018, 10:28:40 AM
 #206

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?
if me i use my saving for daily needs until market be good again. i think my saving still enough for 6 months and as everyone predict december will be good for bitcoin price, i hope i can survive until that good thing come

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judel_2018
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August 14, 2018, 11:17:57 AM
 #207

There are little options we have when it comes to dealing with the market happenings. We are left with little choice as there is nothing we can do to influence the market but rather to say patient and wait, for if you run out of it the only outcome will be losing money

Yes it is really true that patience is the virtue of people because it is the key to overcome our plan to have good future. But I tell it honestly that their is patience well remain but I don't know how much it because I cannot measured.
agenlaptop
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August 14, 2018, 11:24:23 AM
 #208

if the one who does not provide an investment is very easy to control his patience, because it does not directly reduce the initial capital, the difficult one is those who like to invest in the long term because they have to use the time to wait again.
PurpleNights
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August 17, 2018, 06:50:47 PM
 #209

Patience is indeed a virtue and it is one that is critically essential for the survival of this market. We've seen a lot of persons cry out after selling a coin only for the coin to do better in the market, or a lot of others sell their coins as a result of panic and fear and later regret it. This could have been avoided these persons where patient enough. I don't know how much patience I have yet, but I think I'm still very far from reaching my elastic point.
KryptoKai
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August 17, 2018, 09:10:53 PM
 #210

I don't have much patience but i do have understanding so selling right now is just madness. Invest and forget a few months and see what happens, it helps if you stop checking blockfolio and simply read the crypto news instead. At least you know what is happening in the market without seeing all that red

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August 17, 2018, 09:12:54 PM
 #211

I have no patience so I immediately sold everything when the market began to fall.
kickdapa
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August 17, 2018, 09:39:23 PM
 #212

I don't know how much patience I have, because I can't measure it. But I will hold my coins if the crypto market turns into zero. Last month I sold 11K Docademic coin only for 800 USD, after a few days later, 11K Docademic coin turned 3500 USD! Such a big loss I did. And then I promise myself that I will not sell my holding coins until I get a good profit from it.

I suggest you to not watching your portfolio when the total market is falling down. Just focus on the present and keep doing your job. After this bad time, the good time will come for sure.

RemBlanc
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August 18, 2018, 09:46:25 AM
 #213

Well, there is always panic selling whenever there is a down that is happening in the market. So for me I control my patience by thinking that there will be the time for the green. And it is better to change the focus of your mind in other things for a while.
krimzon1321$$
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August 18, 2018, 09:49:37 AM
 #214

I like to look at crypto as a long term holding. Ultimately you need to just walk away from it for a while. Constantly watching the market will do more harm than good.
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August 18, 2018, 10:00:45 AM
 #215

It will depend on each situation of the market.
Indai24
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August 18, 2018, 10:14:16 AM
 #216

It will depend on each situation of the market.

Prior joining this type of business you already know that it needs a lot of patience when it comes to market stability. Don't ever lose your patience how hard the situition is because this will lead you to succeed.
wooiuy
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August 18, 2018, 10:16:35 AM
 #217

I think patience is very important and it is a prerequisite for success. The encryption market itself is a long-term investment market, and we must have enough patience in investing in the encryption market. Not that we are likely to lose a lot.
runor
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August 18, 2018, 10:20:54 AM
 #218

Patience is certainly on the limit, especially when you see that the market does not stop falling, but without it in any way!
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August 18, 2018, 10:24:09 AM
 #219

In all aspects yes patience is virtue but how much or how deep especially in times of crisis? Well since i joined in crypto my patience is always measured and i failed it during my transition period that is why i regret. But now my patience is strong enough and not easy to break at all times whenever it is.

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August 20, 2018, 12:54:54 PM
 #220

True, in a market like this, one of the most important character that an individual, be it an investor or a bounty hunter, need to have is patience. patience is essential for survival, and I  have seen a lot of person who lost so much because they had little or no patience. It's easier said than done though, but I believe that it would really take a strong thing to happen for me to lose my patience and faith in this market.
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