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Author Topic: Patience is a virtue but how much patience do you have?  (Read 4774 times)
Rikotin
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August 06, 2019, 06:39:00 AM
 #281

Patience is all the attitudes we must have when dealing with this bloody crypto market, most of us who believe in investment will be patient in responding to this market, otherwise we will not know how to survive in this market.
ophyrim
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August 06, 2019, 06:56:35 AM
 #282

By the way, patience and the HODL strategy are two different things. I never recommend to someone to HODL an altcoin, especially which has small marketcap. In this market, everyone needs some patience of course, but don't HODL alts like crazy.
Miklight88
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August 06, 2019, 08:44:46 AM
 #283

I only trade on btc for now and little alts in my portfolio are untouch because they are good project and dont need to swap them soon as what in have in btc is OK for now and just have to hold some little alts in case , so am very calm and focus as no panic selling from here.
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August 06, 2019, 08:54:49 AM
 #284

By the way, patience and the HODL strategy are two different things.
how can you say different? you cant do hodling if you dont have a patience .

I never recommend to someone to HODL an altcoin, especially which has small marketcap.
there are lots of them now and most of them are newer alts but this does not mean that they arent profitable  . i still see a trader that are satisfied on thier chosen new coins   .

In this market, everyone needs some patience of course, but don't HODL alts like crazy.
yes . patience is a virtue as what the saying says but why not hodl alt like crazy if the alts are good ( e.g eth , xrp  , bnb ,  )
setialovers
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August 06, 2019, 09:38:03 AM
 #285

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?

In my opinion, the current cryptocurrency market is doing just fine. Maybe a lot of altcoin prices are down but this is due to the strengthening of the price of bitcoin and also the dominance of bitcoin in the market which is already more than 68%. Maybe we should be patient to wait for the altseason to arrive in the future
Marble777
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August 06, 2019, 10:59:56 AM
 #286

I am a long-term investor and I am very confident in every decision I make, even though the market is in a bad or bloody situation, this teaches me to always be patient with this. I will not sell at a low price because it is not the right decision unless you invest with the wrong coins or do not have further development, of course by selling then exchanging with other coins is the right decision.

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charlop24
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August 06, 2019, 12:22:10 PM
 #287

Patience is indeed a virtue, the journey of a thousand miles begins with a step. Being patient is not always a smooth ride, it entails looking forward to the future which is hopefully going to be better. It wasn't easy holding up with the bearish trend of the market, but I'm glad that the market is getting better. Let's not give up on our hopes for a better experience in this industry, I'm positive that the best is yet to come.
akungagal
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August 06, 2019, 12:39:29 PM
 #288

Trying not to watch the charts everyday and go for some hobby or other investment spheres  Grin
Greendays are coming, hang on, we are ready to fly  Wink
you look very relaxed  Grin Grin, i also try to do like you.
but i can't avoid it, i always look at the chart every day. indeed i sometimes panic and feel compelled to immediately cut loss, but as you said greendays will be coming soon, and i don't want to miss that.

that's why even though i feel panicked, i can still control myself to not cut loss quickly.

ajja
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August 06, 2019, 12:43:41 PM
 #289

I have unlimited patience here, I know if I'm not patient then I won't get anything. but we must be realistic when patient, don't wait for the uncertainty.
Golftech
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August 06, 2019, 12:48:15 PM
 #290

I am a long-term investor and I am very confident in every decision I make, even though the market is in a bad or bloody situation, this teaches me to always be patient with this. I will not sell at a low price because it is not the right decision unless you invest with the wrong coins or do not have further development, of course by selling then exchanging with other coins is the right decision.
If you have options like that it's still the right attitude towards this type of industry, you have to build trust with projects to invest your time and money, with enough patience you'll be able to get the right position and the right timing selling your assets in time that it's already needed you
to release your holdings or change it with other coins to divert your investment.
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August 06, 2019, 12:58:12 PM
 #291

Yes patience is the key in the crypto space. But how long can we hold onto patience hoping the market will increase. In this case, some people quit while continue. As for me, I have been keeping my patience ever since I entered the market some three years ago. Although I have suffered loss, I have not given up.

farraddy
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August 06, 2019, 01:30:04 PM
 #292

Only very patient and seasoned people can safely meet the turns that the market makes. But sometimes each of us lacks patience. Probably we all sold part of the cryptocurrency in 2018 at a very low rate without waiting for this year and its growth.

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August 06, 2019, 03:03:06 PM
 #293

this can be likened to a spinning wheel, crypto has reached its highest point and currently crypto is in a phase of correction, I'm sure crypto will definitely return a large profit for us, patience is the key to dealing with fluctuating crypto market conditions.
patience is owned by someone certainly different, you must be able to determine when to hold or sell, patience including the key to success

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August 06, 2019, 03:09:11 PM
 #294

It's easy to be patient if you don't invest more than you can afford to lose.
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August 07, 2019, 07:21:51 PM
 #295

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?


Where there is panic, I'll advice one to just take a time out to breathe because decisions made in panic are usually hazardous and one tends to regret it on the long run. Patience is one  ot those things c ryptocurrency teaches you. If only one has the patience to wait a little bit more, outcomes will definitely be different

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altcoinEra
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August 07, 2019, 07:40:43 PM
 #296

Guys, I have faced a problem recently. trading cost me around 500$ in this month. I am disappointed with my disregarding results. Should I change to mining? And if yes, what equipment would you recommend?
FloatOn70s
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August 07, 2019, 07:44:27 PM
 #297

Guys, I have faced a problem recently. trading cost me around 500$ in this month. I am disappointed with my disregarding results. Should I change to mining? And if yes, what equipment would you recommend?
Mining equipment is expensive. It's very hard to start from a zero point. But in today's world there is an option of starting rather quick. I would recommend to check this site to see relevant mining rigs: globemining com
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August 07, 2019, 07:47:01 PM
 #298

Guys, I have faced a problem recently. trading cost me around 500$ in this month. I am disappointed with my disregarding results. Should I change to mining? And if yes, what equipment would you recommend?
Mining equipment is expensive. It's very hard to start from a zero point. But in today's world there is an option of starting rather quick. I would recommend to check this site to see relevant mining rigs: globemining com
Yeah, I clearly see these models, and prices as well.  Equipment is expensive but I guess that it worth it. Do you mine yourself? What miner would you take?
FloatOn70s
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August 07, 2019, 07:50:41 PM
 #299

Guys, I have faced a problem recently. trading cost me around 500$ in this month. I am disappointed with my disregarding results. Should I change to mining? And if yes, what equipment would you recommend?
Mining equipment is expensive. It's very hard to start from a zero point. But in today's world there is an option of starting rather quick. I would recommend to check this site to see relevant mining rigs: globemining com
Yeah, I clearly see these models, and prices as well.  Equipment is expensive but I guess that it worth it. Do you mine yourself? What miner would you take?
Yes, I both do trading and mining. I bought some simple S17 from globemining as well.
Mila52
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August 07, 2019, 07:51:35 PM
 #300

When investing in cryptocurrency, you must set a goal: choose a long-term investment strategy regardless of price spikes or determine the border at which price you will sell cryptocurrency. And then you just have to be patient and wait and should not panic. Bitcoin prices fluctuate with a period of four years. But if you compare the price of BTC in 2017 year and 2010, then it has grown significantly)
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