Patience: The key factor to succeeding in the crypto space

[djuragan]

There is hardly all people able to be patient on this, many people loosing their cool when looking on the market going red. They get easily getting panicked and they end up dumping their coins.

[akeda]

It is true that it takes absolute patience when we have entered the crypto field, especially when the red market is of course there is its own concern and confused about selling or keeping it in this case we must be able to think logically what is the best thing to do to face the market that is in turmoil

[beckspace]

Of course, patience is the most important factor for success in the crypto investment but hodl blindly, waiting will always bring harm. Especially in the crypto market it is useful to follow the project and observe the developments. If the project has paused, our investment has turned into an unknown period, If we aren't sure that the project will progressing, it would be a good option to abandon that investment.

[Nyewbot]

patience often makes people feel unbearable when they see a bloody market, generally like me who is still lay sometimes confused about selling or not ... but I think it's better that I hold back for a while, if there is no change maybe I will sell replace with other altcoins.

[Adhichan]

It is true that it takes absolute patience when we have entered the crypto field, especially when the red market is of course there is its own concern and confused about selling or keeping it in this case we must be able to think logically what is the best thing to do to face the market that is in turmoil

not every people could controll their patience and emotion while facing market crash.most of them bein panic when met it.crypto market was long time investment, and ofc it will very volatile.so we have traineed our patience to face it.

[rricksu]

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.

Well, I guess if you do not have that much investment still, there's no success will going to come after you. You are patient yet afraid then whats now? We should be brave also at the same time.

[Johnzky]

Which is why many fall victim of scam projects and shit coins.

actually you are wrong. Patience is the reason why so many are falling victim of scam projects. they are fooled into believing that if they buy and "bag hold" but call it patience then they will make a lot of profit. whereas in reality they are bag holding and losing money as prices continue to fall.

altcoins are mostly pump and dumps. when you buy into the pump you must sell before the dump begins or you will end up losing 80% or 90% of your investment. just ask thousands of newbies who have been losing that much in the past 9 months because they had "patience"!

While i want to believe your thoughts still I disagree on the idea of parient is the reason of being scammed,OP clearly says that we need to study well the project and the team behind each one we will be choosing to invest meaning we must be responsible for our failure because theres alot of ways now to find the legit and scammy project and if you still become a victim them you are more careless than anyone.

[Mighty_crypt]

Cryptocurrency is far from been a ponzi scheme as some people still thinks, you have to work hard and have lots of patience if you want to enjoy your hardworking on the end ,I started as a miner and now mining is not profitable as we all know so I just left my mining rigs to gather dusts and move on to hunting airdrops and bounties ,I'm so into crypto and  with time and patience I will smile in the end ,good things won't come easily you have to work towards it

[Atheneum Blockchain]

I couldn't agree more.  It is pretty astounding to think that such a large portion of the crypto community are "get rich quick" types.  Many of them were flushed out by this market but still many are around.  Like Warren Buffet said regarding the stock market (but I think it applies here) "The Stock Market is a vehicle for transferring wealth from the impatient to the patient". 

[gabmen]

Which is why many fall victim of scam projects and shit coins.

actually you are wrong. Patience is the reason why so many are falling victim of scam projects. they are fooled into believing that if they buy and "bag hold" but call it patience then they will make a lot of profit. whereas in reality they are bag holding and losing money as prices continue to fall.

altcoins are mostly pump and dumps. when you buy into the pump you must sell before the dump begins or you will end up losing 80% or 90% of your investment. just ask thousands of newbies who have been losing that much in the past 9 months because they had "patience"!

While i want to believe your thoughts still I disagree on the idea of parient is the reason of being scammed,OP clearly says that we need to study well the project and the team behind each one we will be choosing to invest meaning we must be responsible for our failure because theres alot of ways now to find the legit and scammy project and if you still become a victim them you are more careless than anyone.

Well lazy people being patient are the ones usually falling victims. Yes patience is essential for a successful trade or investment but it should also come with an effort to know where you're putting your money at. Study, know your coin, be patient but also react accordingly to situations.

[wxganz]

Self-education and the ability to analyze the situation - these are the two main keys to a successful future. It is important to understand that professionals are wrong. Therefore, no one is immune from failures. But if you analyze the project and do it well then make a mistake less likely.

[maculeth]

we must always be patient, because when we hodl long-term and wait patiently, we will get huge profit from our long-term investment.

[bagikoin]

I think not sure patience is definitely giving a success. many are quite anxious because it was forced by the conditions of bad crypto. from a large capital loss on so many who prefer to wait and had to wait for better results. If the crypto on condition that good then I don't think there will be people be patient for results that will be he obtained.

[Seeker#9]

Patience is required when it comes to a situation like prolonged bearish market and delayed bounty payments and it is really work if you are determined to do it. But aside from being patience, one should also study the situation for both coins and the market and you must adequate knowledge to understand how the market behave when an event or development happened. Patience and understanding the market can give you more success in the future.

[Turkish88]

Patience and dont be angry, sold tokens when it hit some profit point.
I am many times wait more, and see dump finally

[memecoin]

yes I also agree with you, patience is the key to our success, in crypto, but also need effort, effort and as much as we can, the results are positive, uplifting.

According to the dark, what you have said is essential for a worthy reward, but the best profit is not only that, it needs to be a great project, can make us a bigger reward  I believe that you can do it 

[Aldrinx00]

I think it depends on the timing because if you will participate on an ICO or buy coins/altcoins already in exchange in this bear market no matter how long you hold you will not get profit but if you luckily participate on a bull market you will likely to get good returns on your investment.

[dmcx]

patience often makes people feel unbearable when they see a bloody market, generally like me who is still lay sometimes confused about selling or not ... but I think it's better that I hold back for a while, if there is no change maybe I will sell replace with other altcoins.

I understand your opinion that sometimes when that expectation becomes useless and the price drops after the increase you don't sell is stupid, I understand. But that is very little, I believe the price increase will happen in the future and it will take a long time for us to think about this issue, don't worry too much 

[ethereumhunter]

I believe in all of the jobs you will need to have the patience you want to reach your goals because there are no instant jobs which will give you fast money. We need time to get the money, and with patience, we can collect the money from a small amount until the big amount. We really need to have patience because we can survive in any jobs we did and in the end, there is a reward for people who can have their patience and never bored with what they did.

[bdc2343]

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.

Well, I guess if you do not have that much investment still, there's no success will going to come after you. You are patient yet afraid then whats now? We should be brave also at the same time.

Being brave and patient is a totally different kind of action, very patient, but it is necessary that we have a good strategy, to act at the right time, to be brave about the need to earn the biggest profit