Transferring of wealth from the impatient to the patient!

[Vaculin]

I believe in what I do now that it will develop in the next 2-3 years. I don't want to regret anymore by doing panic sell or out of bounty campaign. I will continue to be patient waiting for him. 

It really really depends on the coin and a) it's features and b) it's community. If it hasn't got much of a community and there are no efforts to build one, then selling early is the smart move. Otherwise you might end up as a bag holder. For every coin that is worth holding there are about fifty that are not.

Yes, holding of the coins needs to be done upon strong market analysis. Every coin won't be good for long term holding as some used to signs of growth for a short and later it starts to dump. Holding of such coins is not worth, better is to invest on the leading altcoins and have patience. This will give good profit on the investment.

It would be best if we start investing on those top coins in the market that have high volumes compared to others. Atleast we can be confident enough that we can be profitable in the end. Being patient will also be a big help because it enables us to be calm all the time even if the market makes a sudden dump on the coins we invested.

[reality18]

Patience is one of the key words often used in the crypto space and this signifies its importance to investors especially the long term ones. Out of impatience, some investors sell off their coins at low prices which yields them losses and when this happen it is assume that funds are transferred from the impatient to the patient. This happens because the patient investor always seize the opportunity to buy the dips an wait patiently till the price goes up in order to make profit when it is sold.

[GregH37]

Patience is one of the key words often used in the crypto space and this signifies its importance to investors especially the long term ones. Out of impatience, some investors sell off their coins at low prices which yields them losses and when this happen it is assume that funds are transferred from the impatient to the patient. This happens because the patient investor always seize the opportunity to buy the dips an wait patiently till the price goes up in order to make profit when it is sold.

You are right, it is better we depend on projects that are already in the market and have very good services to offer, because most of these other coins that are not reliable will surely make us transfer our wealth to already rich ones and may make us end up being a bag holder like how so far this crypto space is doing

Coins with stronger communities will definitely do better than the ones with weak communities, I judge communities based on how long they are willing to stay and uphold the project unlike weaker communities that are just there to dump the project for the short profit they will get.

[Leonardo7]

Very true, patient is needed to make a good fortune from the bitcoin market. While it's important the coin wants to hold for as long as 2-3years. Some persons are in the habit of buying bullish coins without checking the potential of the token. This has led some people into big debt. It's always safer holding bitcoin or well known good altcoins.

[Adriano2010]

Indeed who have patience can make a lot of profit, for example when a new ATH will come for bitcoin the people who buy on last bull run and still hold for long can make a profit, the only problem is the time, but if they have enough money they should wait for a new ATH.

[79b79aa8d5047da6d3XX]

Patience is a key factor in making good profit from crypto. We have seen many situation where a coin price was low at the initial time and later it increased in price and only the patient ones made good profit from it. If you want to make good money from crypto then you need alot of patience

[goaldigger]

I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire  and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.

Its a matter of win and lose situation. If someone loses then probably, there is someone who wins. Same as trading where if panic sellers sell their coins on a lower price, there would be a change of price in time and all of those smart traders benefit by it. Its always a cycle like crypto moon.

[dunfida]

I believe in what I do now that it will develop in the next 2-3 years. I don't want to regret anymore by doing panic sell or out of bounty campaign. I will continue to be patient waiting for him. 

It really really depends on the coin and a) it's features and b) it's community. If it hasn't got much of a community and there are no efforts to build one, then selling early is the smart move. Otherwise you might end up as a bag holder. For every coin that is worth holding there are about fifty that are not.

Yes, holding of the coins needs to be done upon strong market analysis. Every coin won't be good for long term holding as some used to signs of growth for a short and later it starts to dump. Holding of such coins is not worth, better is to invest on the leading altcoins and have patience. This will give good profit on the investment.

It would be best if we start investing on those top coins in the market that have high volumes compared to others. Atleast we can be confident enough that we can be profitable in the end. Being patient will also be a big help because it enables us to be calm all the time even if the market makes a sudden dump on the coins we invested.

Being calm while seeing our investments going to the floor is somehow hard and wont really be applicable on most people yet
even how patient you are the feeling of panic and stress would really be felt thats why most people cant able to resist such thing
and making decisions that would opposes their long term plans.

[Romanianz]

Patience is a key factor in making good profit from crypto. We have seen many situation where a coin price was low at the initial time and later it increased in price and only the patient ones made good profit from it. If you want to make good money from crypto then you need alot of patience

it is true that patience can be an important key to becoming a rich person, but when you trade it is very difficult to be able to control patience so many people are currently losing money because they cannot control their patience.

[millgates]

I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire  and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.

I believe that bitcoin price will always tend to rise because I know the advantages of bitcoin which very usefull for us now and in the future so I keep hold it although many people do panic selling. I keep believe in it and finally I get so much profit on it. I amm sure that the price will still rise. I hope newbies don't do hasty trading. Although the price is move so fast but it doesn't meant that day trading is good. Trading when there is a signal is the best way.

[pieppiep]

Patience is a key factor in making good profit from crypto. We have seen many situation where a coin price was low at the initial time and later it increased in price and only the patient ones made good profit from it. If you want to make good money from crypto then you need alot of patience

it is true that patience can be an important key to becoming a rich person, but when you trade it is very difficult to be able to control patience so many people are currently losing money because they cannot control their patience.

patience can be the key to being a successful person but don't just rely on patience because there are many more factors that can provide benefits when you trade.

[hahahafr]

Almost every experienced crypto investor would testify about the essence of having patience if you are looking at earning from cryptocurrency investements. The crypto market is very volatile and you need to be patient to wait for them to rise in order to make profit. Too bad some folks don't have such patience to wait for their portfolio to grow.

[bitghosted]

Almost every experienced crypto investor would testify about the essence of having patience if you are looking at earning from cryptocurrency investements. The crypto market is very volatile and you need to be patient to wait for them to rise in order to make profit. Too bad some folks don't have such patience to wait for their portfolio to grow.

Well said, this applies to all investments/free markets. Just look at the scenario of someone selling low volume coins with a wide spread. Being patient and selling at top of spread can yield much more than being impatient and selling at market/bid immediately.

[andriarto]

Almost every experienced crypto investor would testify about the essence of having patience if you are looking at earning from cryptocurrency investements. The crypto market is very volatile and you need to be patient to wait for them to rise in order to make profit. Too bad some folks don't have such patience to wait for their portfolio to grow.

even more people experience panic when prices fall. I think many of them don't know much about crypto and just want to make money quickly. but this actually backfires that can spend their money even a negative image appears to crypto

[millgates]

Almost every experienced crypto investor would testify about the essence of having patience if you are looking at earning from cryptocurrency investements. The crypto market is very volatile and you need to be patient to wait for them to rise in order to make profit. Too bad some folks don't have such patience to wait for their portfolio to grow.

even more people experience panic when prices fall. I think many of them don't know much about crypto and just want to make money quickly. but this actually backfires that can spend their money even a negative image appears to crypto

Actually there are some tokens and coins that have no future which the business behind it is almost bankrupt. So we can't be patient for tokens and coins like that we should do cut loss. There are only few tokens and coins which we can hold for long term, that is bitcoin and ETH. At this current market condition we should sell all of our unfamous cryptocurrency for bitcoin or ETH so we can join the next pump of them.

[ice18]

Even if you have enough patience, Sometimes it depends on a holders situation like for an instance a small time investor bought an xxx token in ico price and after 1 year of hodling in his wallet bear market comes and the value of his xxx token fall into -80% and at the same time an emergency situation occurred and this investor needs a huge money, what will this investor going to do?still hodl or sell? of course no choice but to sell.

[Whosdaddy]

Very true, patient is needed to make a good fortune from the bitcoin market. While it's important the coin wants to hold for as long as 2-3years. Some persons are in the habit of buying bullish coins without checking the potential of the token. This has led some people into big debt. It's always safer holding bitcoin or well known good altcoins.

The reason why we are having majority of these mistake is because we still have people that are new to the system and would not ask questions from the existing people on how the market is being operated. They come to the market, pick some coins at random without the knowledge of it and then invest, thinking it will increase by magic, I am actually not blaming them because I am also talking from experience, I fell into this too before I started learning a lot through this forum.

Once everyone knows about the operation of BTC after full adoption, they will stop being victim of whales and would not just see any bullish coin and invest in

[Osarman]

Patience is a key factor in making good profit from crypto. We have seen many situation where a coin price was low at the initial time and later it increased in price and only the patient ones made good profit from it. If you want to make good money from crypto then you need alot of patience

it is true that patience can be an important key to becoming a rich person, but when you trade it is very difficult to be able to control patience so many people are currently losing money because they cannot control their patience.

OK, now that they have become impatient, what have they gained? Loses upon losses, they end up transferring their wealth to other people, why can’t they just take the chance of being patient since nothing good has ever come out of impatient. We just have to learn it, patient is not what comes to us automatically, and we have to be able to engage in some things that will help.

Judging with history, we have seen how things has always been in favor of Bitcoin overtime no matter how bad the situation may be, so our investment now would not be the first and would not be the last, whatever we are seeing now has been seen before and has been forgotten.

[Naida_BR]

Long term holdings may lead to losses sometimes but I think that our point is valid.
Until now you have proven right because bitcoin has a price increase from the time it has been created.
The fact that in which milestone every trader has entered the market is what can cause losses.

[Google+]

indeed the cryptocurrency price movement is difficult to predict so that the best trading method does long-term trading, we can take the case from the first creation of bitcoin, the price of bitcoin is only less than $ 50 and even at the end of 2017 the price of bitcoin can reach $ 20k imagine how much profit you get when you buy bitcoin at a price of $ 50.