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Author Topic: Patience is a virtue but how much patience do you have?  (Read 4736 times)
altcoinEra
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August 07, 2019, 07:55:07 PM
 #301

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.
So it's a good device? S17? Are there any better now?
FloatOn70s
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August 07, 2019, 07:58:11 PM
 #302

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.
So it's a good device? S17? Are there any better now?
I bought 6 miners they are still very powerful and productive. I mean S17, surely there is a S17 Pro, but you have to pay over
altcoinEra
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August 07, 2019, 08:02:25 PM
 #303

Not so much, but how many miners you would recommend to buy first time?
FloatOn70s
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August 07, 2019, 08:05:29 PM
 #304

Not so much, but how many miners you would recommend to buy first time?
Better start from 2 or 3. It depends on how you personally like it or not. Mining I mean
altcoinEra
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August 07, 2019, 08:08:59 PM
 #305

Not so much, but how many miners you would recommend to buy first time?
Better start from 2 or 3. It depends on how you personally like it or not. Mining I mean
Maybe it's time to try it. Thanks for your piece of advice!
FloatOn70s
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August 07, 2019, 08:12:44 PM
 #306

Not so much, but how many miners you would recommend to buy first time?
Better start from 2 or 3. It depends on how you personally like it or not. Mining I mean
Maybe it's time to try it. Thanks for your piece of advice!
You can make big money on mining. Just be patient!
Insomnia family
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August 07, 2019, 09:16:25 PM
 #307

patience is a positive attitude that we need to apply in everything, including when the market is going down like now you must always be patient in facing market conditions. and of course you don't forget to always monitor your portfolio in the market.

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Flor1982
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August 08, 2019, 12:44:15 AM
 #308

Actually i have some unfortunate Altcoins in which the price value is keep on falling therefore with this market current condition i don't know if patience is virtue is still applicable for me as i keep on holding them since last year. Maybe my patience will going to end as i'm afraid that these Altcoins will be declared crap soon.
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August 08, 2019, 01:12:16 AM
 #309

everyone has a limit on patience but if I hold altcoin I have value I will sell to buy the highest altcoin on the crypto market.

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August 08, 2019, 02:09:22 AM
 #310

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?

I've joined Crypto investing three years ago and have seen the market on it's  all-time high and all-time low, the last three years has been a big challenge not only for me but to all of us here, I have never practice patience in all my entire life only here in Cryptocurrency, I've thought back then that it's the end of Cryptocurrency, so many bad news, FUDS and many complaining about the situation of the market.

I'm glad that I extended my patience, I only read positive news about the market and this is one of the sites, that I've read during bad times
https://99bitcoins.com/bitcoin-obituaries/



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mamesso
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August 08, 2019, 04:38:42 AM
 #311

When the price of the coin that you hold starts to fall, that's where your patience begins to be tested. In situations like this you must always be consistent in making decisions, so as not to experience a significant loss in investment. This might be a little boring, because we have to wait a very long time until the price rises again.
Remember, patience never betrays results. That's the principle that I always hold.

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August 08, 2019, 06:22:43 AM
 #312

Coming to cryptocurrency space, patience is really a difficult thing. For me personally, I think I still lack the patience to hodl and see my portfolio dipping. I sell off, which makes me almost always at loss. I wish I can really be patient on the space.
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August 08, 2019, 07:04:37 AM
 #313

I personally to maintain patience by looking for other activities outside crypto. many panicked due to falling prices, and they often looked at charts. I think things like this will only damage psychology, especially for long-term investment


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August 08, 2019, 07:32:53 AM
 #314

Patience is always there but we also need to combine with knowledge. then, we know what we are patiently waiting for, that is the right way to invest.
If patient and waiting for the price to increase while not analyzing, it is considered gambling.

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August 08, 2019, 08:18:45 AM
 #315

You can make big money on mining. Just be patient!
Depend where you living country with energy cost.
Which country have different cost for electricalal energy, my assume you use solar energy for big money you said.

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August 08, 2019, 10:31:59 AM
 #316

I personally to maintain patience by looking for other activities outside crypto. many panicked due to falling prices, and they often looked at charts. I think things like this will only damage psychology, especially for long-term investment



If we already intend to invest for the long term, I think we can ignore price movements in the market. Long-term investment does require patience and if altcoin we hold has a good product, I think we will be more relaxed
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August 08, 2019, 11:11:15 AM
 #317

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?
You should analyze the chart of the BTC before joining. BTC only reduced in the short term. In the long term, BTC still has a good growth. Don't worry too much about a discount, but keep a positive spirit. However, what I say is for reference only. You don't depend too much on it.

Have a nice day guy!!
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August 08, 2019, 12:00:24 PM
 #318

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?
Patience is always important for us especially in the cryptoworld.The market is unpredictable all we have to do is find a way to make it profitable.Maybe long term of investments is a choice.

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August 08, 2019, 12:07:40 PM
 #319

My patience is very thing and short. The only thing that is keeping me sane in this market is the history of bitcoin and cryptocurrency in general. I've seen btc go down and then bounce back up creating new ath in the process at different points in time since 2019. This gives me hope that this current phase will pass one day and we will all smile again

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August 08, 2019, 12:15:32 PM
 #320

I am trying to find an opportunity of how to earn money even on the falling market. You can try arbitrage, because there are always some deals that can be done. Furthermore, margin trading is an awesome instrument to trade on crashing market. Keep working and you will get your cash.

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