New investors are too impatience

[CryptoTech_]

Is this really it? patience is not what you will always need in crypto space, sometimes patience will ruin you, the best strategy advice I can share is

1. Don't leave your coins in your wallet for years
2. Always watch out and take profits when your coins appreciate in value

1. Leaving a coin in a wallet for a number of years I think it's great if the coins we have are big coins like BTC or eth.
2. Watching a coin all the time can cause panic in ourselves, when prices decline. New players usually feel this.

[Vishnu.Reang]

I won't blame them. Being impatient may be the right thing to do in the world of altcoins. From what I have seen during the last 3-4 years, long-term holding is very unreliable with altcoins. You can invest for long periods with Bitcoin, but not with the alts. And that is true even with the established altcoins such as Ethereum and Litecoin. If a coin is not doing well for more than 6-12 months, then it is better to dump it and move on to another coin.

[Jannyh]

I understand where you are driving at, they invest and want to get double of their investment within a week and at the end it makes them sell at a loss,this also happens to traders,some buy a coin, instead of giving it time to grow, they sell at a loss and buy another coin that is moving,and when they get in,they become stuck ,at the end they keep moving and loosing, let's have patience a little bit.

[OptimusPrime_3]

Is this really it? patience is not what you will always need in crypto space, sometimes patience will ruin you, the best strategy advice I can share is

1. Don't leave your coins in your wallet for years
2. Always watch out and take profits when your coins appreciate in value

Patience plays a little role.
Yes, I've had few cases where my patience ruined me, but I've also had more cases where because I was patient, my returns were of more value.

[Claudio99]

I can't blame new investors for their too impatience, crypto is unpredictable sometimes, you hold coins for long time and they keep losing value every month, it's why altcoins are the most dangerous crypto investment, I always tend to hold for short term only, if supports isn't strong enough for the altcoins I will dump for another.

[JeffBrad12]

Indeed, the inexperienced always have some sort of knowledge they lack in any field of life. It's the fact,  Whatever you are new to, you new because lack a certain amount of knowledge. So you cant really blame them Experience teaches better

maybe because new investors want their assets to go up 10x like 2017/2018, but the situation is far different now, just look at a few lucky people who have that opportunity now

It has always been the case, whether in crypto or stock market some newcomers think they could become millionaire within a night by pulling off some simple trick or overestimate themselves then as it turns out they're just canon fodders.
Atleast it's an important experience for them not to be a greedy although it's an expensive mistake.

[suryana]

I won't blame them. Being impatient may be the right thing to do in the world of altcoins. From what I have seen during the last 3-4 years, long-term holding is very unreliable with altcoins. You can invest for long periods with Bitcoin, but not with the alts. And that is true even with the established altcoins such as Ethereum and Litecoin. If a coin is not doing well for more than 6-12 months, then it is better to dump it and move on to another coin.

Both ETH and LTC coins, are popular coins very suitable for long-term investments, so I think we need to be really selective if we want to invest long-term, Only select the top 10-20 coins. If so, then be patient to get profits in accordance with our targets. Being a long-term investor, we are indeed required to be patient.

[posporo]

I guess the new investors in crypto-world having that attitude in mind because of the history of the market. It is very frustrating and regretful to miss something like what happened in 2017 bull run.

[Galley]

Of course, they have the moral right to be impatient, seeing from the experience of other investors how the long wait for profit can end. For many, yes, I think it’s more acceptable for everyone to make a small profit than to lose everything. I was convinced of this more than once.

[Tahsin Kabir Kollol]

Cryptocurrency is a good way to earn investment and nowadays many people invest in it. The number of newbie investors has increased in recent times and what they are trying to earn by investing. But there is a considerable lack of patience and skill in them. Newbie investors invest in various cryptocurrencies in a hurry and are frustrated by the downturn in the market and leave with a loss of assets. A good amount of money can be earned after a while by investing in a good quality cryptocurrency but you have to wait for the market to rise. Experienced and skilled traders wait for a certain period of time and sell their assets by making a profit from their investment over time. So novice investors should review the past and future of the cryptocurrency which one they want to invest before investing and wait with time if there is a potential situation.

[FairUser]

It is difficult for new investors to be patient when investing in this market, they need to go through many failures in order to be patient and able to be assertive with them. Just like us when we first entered this market, there was always panic when prices collapsed and panic sold them

[SARA ISLAM]

The amount of new investors in cryptocurrency is a lot now, this is good but they are very inconsistent. It is very dangerous to jump on rumors without trying to gain accurate knowledge. Which can have a detrimental effect on him? My advice to newcomers is to analyze and then invest.

[irixo10]

Well to be frank I wouldn't say new investors are too impatience I will rather say they care after their capital and profit first before any other obligations, and to me it looks good. My reason for this is, many new projects nowadays can't be trusted, some are copied ideas, some copy whitepaper etc, wherein a lot has been seen to dump in price after listing and to make it worst, the team might end up not doing anything to change the price situation, so in cases like this, those who sold early will be happy while those who held ends up regretting and as such channelling that idea of dumping on other projects and the circle continues. But in terms of major or already developed projects, when one invest and probably holds it comes with little or no worry as the team already knows what they want, therefore in cases like this, one can talk about return on investment.

[bearexin]

Well to be frank I wouldn't say new investors are too impatience I will rather say they care after their capital and profit first before any other obligations, and to me it looks good. My reason for this is, many new projects nowadays can't be trusted, some are copied ideas, some copy whitepaper etc, wherein a lot has been seen to dump in price after listing and to make it worst, the team might end up not doing anything to change the price situation, so in cases like this, those who sold early will be happy while those who held ends up regretting and as such channelling that idea of dumping on other projects and the circle continues. But in terms of major or already developed projects, when one invest and probably holds it comes with little or no worry as the team already knows what they want, therefore in cases like this, one can talk about return on investment.

You made good points here. But in the case of making quick profit, that’s why you have to know the cryptocurrency you are investing in, some wouldn’t get you that profit. For example, Stellar was higher in 2017, and that’s when I invested in it because it was getting hyped and since then the price has been low and can’t get up to that level. Although that doesn’t mean that the coin is bad, it’s a good project and I still believe that it will increase with time.

As for Bitcoin, it’s really been a good investment with a steady growth every year. Cryptocurrencies are the only investments that can give you more than a hundred percent return on your investment when you are able to keep your nerves down and most investors are usually in hurry which leads them to face losses and also allowing scammers to enjoy on this crypto space.

[kapalmabur]

I think the impatience of new investors is the price of DUMP coins on the market, all investors or buyers of ICO or IEO sell them when the coin or token list in the exchange, it is unfortunate

[doctor877]

Every investor wants to profit amidst all things. Majority of investors are attracted firstly because of the ROI after which they will now look deeply into what the project offers. For the sake of scamming, no one wants to be a victim of such so it's better to have your money and profit early and know what you are left with after after sorting out things.

[Tervelatuk]

I think the impatience of new investors is the price of DUMP coins on the market, all investors or buyers of ICO or IEO sell them when the coin or token list in the exchange, it is unfortunate

they thinking will get instant profit when token already listed in market. many investors sell token directly in market no matter its price dumped alot, i am just curious what they were thinking if participate in ICO or IEO but sell token below initial price. they must be patience for long time to get profits from their investment, dev team need long time to realized their plan.

[imstillthebest]

I think the impatience of new investors is the price of DUMP coins on the market, all investors or buyers of ICO or IEO sell them when the coin or token list in the exchange, it is unfortunate

they thinking will get instant profit when token already listed in market. many investors sell token directly in market no matter its price dumped alot, i am just curious what they were thinking if participate in ICO or IEO but sell token below initial price. they must be patience for long time to get profits from their investment, dev team need long time to realized their plan.

of course they will get instant profit upon selling but the question is how much they will get when they do that , its okay if they sell but they wont loose or much better if they also get some profits too if not then it does not make sense if they dont have a reason on why they kept on doing that . its just wasting money , time and effort .

 being patient is hard and that is why most people are just impatient , they often dont get what they want according to thier plans

[Midy]

today there are indeed many new investors who are impatient in investing in the world of crypto because the effect of impatience makes them suffer significant losses.

[lienfaye]

Every investor wants to profit amidst all things. Majority of investors are attracted firstly because of the ROI after which they will now look deeply into what the project offers. For the sake of scamming, no one wants to be a victim of such so it's better to have your money and profit early and know what you are left with after after sorting out things.

You're right, we want to earn and not be a victim of scam at the same time. Well short period to earn is really good but is it real? Most of them are not specially if offering a high return. Nowadays you need to conduct a research before entering in an investment because its your hard earned money that you will put at risk to somehow gain from it thus dont aim for high return in short period because its likely a scam.