prof7bit
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September 11, 2019, 06:49:33 PM |
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I feel like the impatience factor is usually most common among new investors as they usually don’t have a taste of the bad times in this industry. What I did as a new investor was do as much consulting as I could from experienced traders and it is what has kept me at it till now.
I think that if a person does not have patience, then he cannot be a professional investor. The meaning of investing lies precisely in patience and a long-term strategy. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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cryptonewbie
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September 11, 2019, 07:13:48 PM |
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That is because they are not educated enough. The new investors believe that ICOs and IEOs are fast money making schemes that they buy low during token sale and dump once trading starts on the exchange. They do not concur to the concept of hodling like previous investors. They want to rush into a project and dump for profits immediately. This is why so many projects are suffering today.
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Danslip
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September 11, 2019, 08:40:40 PM Last edit: September 15, 2019, 05:03:23 AM by Danslip |
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I feel like the impatience factor is usually most common among new investors as they usually don’t have a taste of the bad times in this industry. What I did as a new investor was do as much consulting as I could from experienced traders and it is what has kept me at it till now.
Of course, this is a big mistake, new investors want to earn expeditious money. l realized that, among them, there are some investors, who are more impatient. First causing is as you above mentioned, patience is very important in this world and without patient, there is high risk to do it. The clever attempts by the smart investors are the motives why we exited the last bear market but these efforts are not enough to go over the average market rate, badly. The new people come to the crypto industry but these people don't understand the conception of the crypto trading and they fail as the previous traders in my belief.
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htsy585
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September 11, 2019, 09:35:53 PM |
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New investors are too impatience because most of them dislikes learning and reading. They just follow hypes and stuff and just invest whereas they should read more about the projects, its team and whitepaper to know whether the project calls for long or short term investment plan. They refuse to do that and later become impatient and say ill words about these projects .
Not just because of the depreciated learning and reading culture but because of how fast the crypto landscape has become. Even the experts or whales don't have patience anymore. They cash out every now and then and even 10 percent profit looks huge nowadays
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Mahanton
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September 11, 2019, 09:39:53 PM |
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The vast majority of new crypto investors that I am aware of are anxious and restless these days. Gone are the days when early crypto investors invest in coins and watch it develop over time,newbies and new investors are too in hurry to make money and many turned crypto investment into life jobs. The benefits of an investment is called returns which takes years to accomplish so its never going to be easy for those looking for short term ROI and yet fundraising like IEO still brings short term profit for smart investors,i think almost all new crypto investors lacks patience
IEO for short term profits?It doesn't work that way but somehow much better to be an alternative when you do really target out for non-waiting scenario. Results? wont be a guarantee that it would give out the same profitability with those IEO projects.We cant stop people not to rely or make these things into life jobs because theres actually an opportunity here to make money which can be relied on but somehow its the most risky part because theres no assurance and we don't know on what would be the next market movement. Next thing to consider on which is doing trading (hard thing but once you do able to get it then its good for longer runs).
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Tahdayi
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September 11, 2019, 09:48:30 PM |
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The vast majority of new crypto investors that I am aware of are anxious and restless these days. Gone are the days when early crypto investors invest in coins and watch it develop over time,newbies and new investors are too in hurry to make money and many turned crypto investment into life jobs. The benefits of an investment is called returns which takes years to accomplish so its never going to be easy for those looking for short term ROI and yet fundraising like IEO still brings short term profit for smart investors,i think almost all new crypto investors lacks patience
All investors are impatient , and want to make a lot of money as soon as possible , I think here the experience comes with time and everyone who invests on the Internet and develops in this over time will come to the fact that patience is very important.
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EASY FEEDBACK, WORKING SINCE 2015 (https://www.easyfeedbacktoken.io/en)
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Perfect35
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September 11, 2019, 11:48:30 PM |
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A lot of people have learnt their lessons, which is why it seems they are impatient. Imagine waiting for so long, holding your coins and at the end you still sell so low, below the all time low you saw last. It can be so saddening. This is one of the reasons people sell these days, immediately they see little profit. Although, it will be ideal to hold until the project matures.
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sieemma
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September 12, 2019, 12:01:23 AM |
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I feel like the impatience factor is usually most common among new investors as they usually don’t have a taste of the bad times in this industry. What I did as a new investor was do as much consulting as I could from experienced traders and it is what has kept me at it till now.
Of course, this is a big mistake, new investors want to earn quick money. l realized that, among them, there are some investors, who are more impatient. First causing is as you above mentioned, patience is very important in this world and without patient, there is high risk to do it. They can be at one's wit'send. Sometimes, you do not have to wait any longer. You just have to talk your mind and leave the project when you see that things are not going the normal way that you expect them to be. 90% of the projects these days have their own intentions and like I do say, it is a waste of money to look for buying IEO or ICO when it will be 2x cheaper than being sold. My little advice is that do not waste time waiting for a price pump when you know clearly that it cannot happen that way.
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prof7bit
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September 13, 2019, 05:52:44 PM |
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A lot of people have learnt their lessons, which is why it seems they are impatient. Imagine waiting for so long, holding your coins and at the end you still sell so low, below the all time low you saw last. It can be so saddening. This is one of the reasons people sell these days, immediately they see little profit. Although, it will be ideal to hold until the project matures.
I don’t know where people see profit in our time on Altcoins. Coins fell so much that even in January 2019 they cost more. Tolleyo TOP-20 Altcoins now holds on to the price and does not fall so much.
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ePesoInitiative
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September 13, 2019, 06:05:43 PM |
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People always say "lack of patience" which is rather obviously a very subjective observation. What is the time period to be considered as impatient anyway? I don't think the right word is "impatient." But the real problem is: "New investors don't have the right timing."
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spydee1522
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September 14, 2019, 08:42:23 PM |
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Of course new investors are impatient and keep saying ill and bad comments about new projects when their profits ain't seen come immediately. These new investors are impatience mainly because they ignore researching or learning about these new projects through their whitepaper to know whether the new project demands a short or long term investment plan and adjust by that but instead do no research and start saying bad about these projects.
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zuziekatee
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September 14, 2019, 10:23:53 PM |
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Things have changed , majorly of project that raised good money back then didn’t even fulfil their promises ! Now investors don’t have the one to be patient any longer but rather it’s better to invest in a project that has a working product already !
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dataispower
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September 14, 2019, 10:41:50 PM |
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Yes it's true that new investors usually get so emotional when coins dip and sell very cheap. This also affect majority of investors including the old investors. As crypto enthusiasts who have been in this space for long, we should try to educate newbies that crypto volatility is normal, so they should not always dump very cheap.
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Azuliand
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September 14, 2019, 11:46:37 PM |
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Yes it's true that new investors usually get so emotional when coins dip and sell very cheap. This also affect majority of investors including the old investors. As crypto enthusiasts who have been in this space for long, we should try to educate newbies that crypto volatility is normal, so they should not always dump very cheap.
Even experienced traders are always impatient, the market is always able to shake out all the people, I think you need to properly dispose of money and comply with risk management in order not to lose their money at large spills in the market.
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minersday
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September 14, 2019, 11:49:46 PM |
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What new investors in the crypto ecosystem are more concerned about is the profit they will make from their investment. They don't really have time to research and understand what they are investing in. Due to this, any change in the market value of the crypto coin they have invested in, they sell and start spreading FUDs about the entire crypto space. Their impatience is as a result of lack of knowledge and basic understanding about cryptocurrency investment..
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mr_random
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September 14, 2019, 11:59:29 PM Last edit: September 15, 2019, 01:16:56 AM by mr_random |
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People always say "lack of patience" which is rather obviously a very subjective observation. What is the time period to be considered as impatient anyway? I don't think the right word is "impatient." But the real problem is: "New investors don't have the right timing."
In this case, comparing the timing of the successful investors will make things clear. The best time for entering the market is the correction on the uptrend if the market is bullish. In another case, buying the cheap altcoins in the bear market will be a profitable no matter how long downtrend will be a main trend in the crypto market. In both cases, patience wins, lack of patience doesn't bring a better return on the investment rather than buy and forget strategy. Things have changed , majorly of project that raised good money back then didn’t even fulfil their promises ! Now investors don’t have the one to be patient any longer but rather it’s better to invest in a project that has a working product already !
Everything changes with time and only experienced investors take care of the diversified portfolio in either case. Investors don't need to be a patient if the team hold the promises they made before the token sale. Patience pays in all financial markets and patience have a deep connection with the market cycles. The more investor fails in the investing industry, the patience of the investor turns to be longer and stronger.
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Jorge158
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September 15, 2019, 02:56:22 AM |
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I do not blame this new investors for their impatience because most of them do not understand fully how the market works and how patience is greatly required in order to wait for a coin to rise. Until most of them sell and regret later, no major lessons on patience will be learned by new investors.
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cryptofirm
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September 15, 2019, 10:21:12 AM |
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The vast majority of new crypto investors that I am aware of are anxious and restless these days. Gone are the days when early crypto investors invest in coins and watch it develop over time,newbies and new investors are too in hurry to make money and many turned crypto investment into life jobs. The benefits of an investment is called returns which takes years to accomplish so its never going to be easy for those looking for short term ROI and yet fundraising like IEO still brings short term profit for smart investors,i think almost all new crypto investors lacks patience
because new investors didn't really understand how to make their portofolio growing they think crypto investments is a quick rich scheme, but the fact not! because we need to be patience mate
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cahbagus555
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September 15, 2019, 10:39:57 AM |
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The vast majority of new crypto investors that I am aware of are anxious and restless these days. Gone are the days when early crypto investors invest in coins and watch it develop over time,newbies and new investors are too in hurry to make money and many turned crypto investment into life jobs. The benefits of an investment is called returns which takes years to accomplish so its never going to be easy for those looking for short term ROI and yet fundraising like IEO still brings short term profit for smart investors,i think almost all new crypto investors lacks patience
With current market conditions, there are indeed many investors who are restless and impatient, but they should not need to panic and sell their portfolios. I think the cryptocurrency market conditions can change quickly and no one knows when but in my opinion, cryptocurrency is a good investment as long as we hold Altcoin which has a product and developer team that has a clear vision
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freedomgo
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September 15, 2019, 10:48:15 AM |
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I do not blame this new investors for their impatience because most of them do not understand fully how the market works and how patience is greatly required in order to wait for a coin to rise. Until most of them sell and regret later, no major lessons on patience will be learned by new investors.
Everyone of us has our won technique, in short, we all manage ourselves when it comes to trading and investing. Of course, you cannot expect that all of us are matured already to make the right decision, there are some who are inexperience and they think that investing in crypto could give them instant profit, maybe it happen in the past, but trends has already change, they will have to play on how the market move so they will be able to make timely and right decision. These newbies will have to learn if they want to be successful here, otherwise,they will keep complaining and continue to lose their money.
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