Patience: The key factor to succeeding in the crypto space

[dmcx]

This is the most important factor for every ICO investor. Without patience, you would not be able to gain great profits on this market. Be more relaxed and lets see what happens to crypto market within the next few months.

Patience will not do as you say, I think you have a misconception about patience here. Your patience would be foolish if not applied to a previous calculation, maybe for example you don't dare to be assertive and just waiting will be useless and good times will go over, you will lose money again 

[tsaroz]

You would not succeed unless you get make profit on your investment. And buying something and waiting for 10s of years to book a profit is not patience but stupidity. Value of money decreases over time.

[Maknae09]

A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.

I've experienced here in our country wherein, bitcoin and other cryptocurrencies, have went and gone through a pyramiding, it's quite sad that people are investing, without knowledge on what Crypto's are. They eventually lose their money when the promoters are gone.

[sourish]

Patience is the key factor only to the extent of sustainability. Rest that you note, equally essential and necessary.

[maydna]

A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.

I've experienced here in our country wherein, bitcoin and other cryptocurrencies, have went and gone through a pyramiding, it's quite sad that people are investing, without knowledge on what Crypto's are. They eventually lose their money when the promoters are gone.

That is what happens in our real life; people start to invest when they see something has blown, and they act so fast because they don't want to miss a chance to make money. They never learn anything before and only deposit their money, pretending in the next month, the money will double or triple, but they are wrong. In the cryptocurrency, we don't know what next will happen, and without learning about the cryptocurrency market, we cannot make any profit and even we will lose our money. But if people can be patient for a while, they can make a lot of money in the future.

[labake]

No doubt, patience is the key factor to success in every where someone find him or he self based on my understanding. It is very essential to believe someone would surely make it happen based on the patience.

[perla]

A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.

I've experienced here in our country wherein, bitcoin and other cryptocurrencies, have went and gone through a pyramiding, it's quite sad that people are investing, without knowledge on what Crypto's are. They eventually lose their money when the promoters are gone.

That is what happens in our real life; people start to invest when they see something has blown, and they act so fast because they don't want to miss a chance to make money. They never learn anything before and only deposit their money, pretending in the next month, the money will double or triple, but they are wrong. In the cryptocurrency, we don't know what next will happen, and without learning about the cryptocurrency market, we cannot make any profit and even we will lose our money. But if people can be patient for a while, they can make a lot of money in the future.

FOMO is bad, and everyone must know that. But maybe for first time we will get that condition. If someone trapped in FOMO more than once, it means they not learn from their mistake and i think it is big problem that need to solved.

[Razera]

A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.

One of the factors I have noticed that is of very much importance in the crypto space is patience. This attitude can help you to make good use of your inherent qualities and what you have learnt so far.
Good investments are made with patience and skills.

[justdimin]

You would not succeed unless you get make profit on your investment. And buying something and waiting for 10s of years to book a profit is not patience but stupidity. Value of money decreases over time.

Value of money may decrease over time but definitely not the value of cryptos. Hope you understand the differences. We must learn the way on how to be patience with our crypto investments from Mr Satoshi. He's still holding his early days' bitcoins and why not we also should be following him for making maximum profits. I don't think anything will be wrong in holding for 10 years. Because, cryptos are working in that they then we also should work similar to that.

patience is the key factor to success in every where someone find him or he self based on my understanding. It is very essential to believe someone would surely make it happen based on the patience.

But, being patience is not possible for most of the people here and that is the main reason why we are having crypto markets fallen up to the bleeding level which is what we are experiencing right now. If people are patience enough then they would not have dumped to this level.

[maydna]

A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.

I've experienced here in our country wherein, bitcoin and other cryptocurrencies, have went and gone through a pyramiding, it's quite sad that people are investing, without knowledge on what Crypto's are. They eventually lose their money when the promoters are gone.

That is what happens in our real life; people start to invest when they see something has blown, and they act so fast because they don't want to miss a chance to make money. They never learn anything before and only deposit their money, pretending in the next month, the money will double or triple, but they are wrong. In the cryptocurrency, we don't know what next will happen, and without learning about the cryptocurrency market, we cannot make any profit and even we will lose our money. But if people can be patient for a while, they can make a lot of money in the future.

FOMO is bad, and everyone must know that. But maybe for first time we will get that condition. If someone trapped in FOMO more than once, it means they not learn from their mistake and i think it is big problem that need to solved.

Yes, and every people has that experience because they are not yet learned about trading or cryptocurrency. They never learn and don't want to learn because they want easy profit which they cannot get it. But although if they can prevent from FOMO, if they don't have patience then soon or later, they will get attracted to the bad news.

[castiloros]

It's not just about the patients that take precedence. need a good strategy such as the selection of coins and the determination to invest that will be key to determining the outcome. though indeed patience is the main thing to be owned but just that alone will not be enough.

[Salelo]

No doubt, patience is the key factor to success in every where someone find him or he self based on my understanding. It is very essential to believe someone would surely make it happen based on the patience.

the main key besides patience is an experience that has been done in every decision. because that will prevent us from losing the same action, so we are expected not to repeat it

[tins]

This is the most important factor for every ICO investor. Without patience, you would not be able to gain great profits on this market. Be more relaxed and lets see what happens to crypto market within the next few months.

In 2018, investors only want to make money from ICO, but they get back the failure results. And gradually quit ICO, now is a game for institutional investors. Currently ICOs are receiving about 80% of the investment from organizations. If I am a smart person, I will invest in ICOs that are invested by many organizations from now on

[paderobin]

If you're to be a good successful investor then you will need two things, patience and experience. These are two things  which defines your ability when it comes to investment.

[papagravel]

You would not succeed unless you get make profit on your investment. And buying something and waiting for 10s of years to book a profit is not patience but stupidity. Value of money decreases over time.

It all depends on how much profit you get at the end of the wait.
If profits increase your capital by several dozen times, then such profits can wait for many years.

[cudora]

I absolutely agree with you, because without patience you would simply sell your coins after a good dump. Always remember that the market is very unstable and it can return to its historical maximum at any moment.

[TusharMali99]

People think that Cryptocurrency is just a "get rich quick" scheme. Many newbies do not have patience, many have "hope" of earning 5% daily. and so they keep on buying in fomo and sell panickly in case of fud. Good investment strategy alongwith patience is needed for succeed in crypto.

[defoman]

Indeed, patience is a key factor in the cryptocurrency world. First, in order to earn crypto currency, you have to work hard and be able to wait for the right moment to sell your coins profitably. The same goes for crypto investors, very often in order to make a profit, you have to wait for the bull market and patience helps you not to panic when the market goes down.

[arpon11]

A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.

You are very right and I hope those panic investors will follow this thread and learn from those that has been in this market.  I could remember a guy on reddit that keeps holding his Bitcoin and be patiencetly waiting for good time to sell and that was around 2012. I think by now those bitcoin should be in million of dollars and if he can still hold it for some years to come he would me make high alot of money.  Remember that patient is what transfer wealth from the weak hands to strong hands.  Therefore if we really want to makes money we have to be patience with the market.

[kidbounty]

patience without proper observation will have no meaning. no one is lucky just because they wait, sometimes we have to be more aggressive to be able to survive. Remember the market is not something that is easy to predict, we know that all predictions last year are not right.