TitanGEL
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July 11, 2020, 04:51:29 AM |
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They are not really impatient but they gave a wrong mindset toward investments in cryptocurrencies. They always thinking that it is an easy money where they can be a rich by just putting some of their money but they are wrong because making money through investments are not easy in reality. Having a good mindset, patience and knowledge are the fundamentals of investing. Those 3 are important and required especially if we will put our money in a specific investment. If we want to protect it then we should have knowledge and a long term view of success in order to grow it.
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bayudndy
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July 11, 2020, 05:07:52 AM |
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It's the biggest reason driving new investors to lose money. Crypto investment is now very difficult. It's hard to get profit in ICO or trading. The progress of researching requires patience and careful. New investors should keep in mind that and following it.
Investing in ICOs is no longer profitable, if investing in ICOs at this time, I believe that all investors will lose money. And for trading, it requires traders to have a lot of experience to work on it. Like you said, it's too hard to make a profit in this market
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Dexion
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July 11, 2020, 05:13:54 AM |
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Investing in ICOs is no longer profitable, if investing in ICOs at this time, I believe that all investors will lose money. And for trading, it requires traders to have a lot of experience to work on it. Like you said, it's too hard to make a profit in this market
why do you say it's hard. try trading now. even with a small capital, you can get profits. you must hold is your moment and your patience. but if you easily panic to see the market go down, then never mind you can not be a crypto trader.
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Greatdev
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July 11, 2020, 05:58:24 AM |
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There is more to crypto than having only patience, you need to be smart too, most times it's not always about waiting patiently, it's about looking for opportunities, Crypto is volatile as we known so price will rise and fall most times, learn to take advantage of price fall and price pump and you will have more quantities of your coins
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tvplus006
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To the moon
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July 11, 2020, 09:10:02 AM |
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Truth is, I do not blame investors if these days because many are in for quick return which was caused from pump and dump scan teams. Many investors lost hope in IEO and ICO so the little they invest out if fears, the end up dumping once there's little profit. Scam projects really brought fears in crypto and made it unstable to hold.
You are doing the wrong thing when comparing IEO and ICO from the point of view of investors. If IEO is conducted on a platform like Binance, then investors are willing to invest their money in such projects. The problem is that not all investors can participate in them, because the supply is less than the demand. Therefore, the price after such IEO increases by several hundred percent.
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Ronaldcoin2017
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July 12, 2020, 01:30:22 AM |
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I believe that some of the new investors in crypto is really impatience, because they dont know how other crypto coin works, research, reading books about crypto, etc.,is really different from the actual investing in crypto, the pressure and the stress looking at the price of the coin that you invested can really change your mood and sometimes it will lead to loss all your funds or maybe you cannot earn because you become impatience.
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chikading2016
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July 12, 2020, 09:53:08 AM |
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I knew that new investors is really impatience beause i experienced being new on investing in crypto, crypto is really a stressful kind of investment, because there are so many ways that can posibly make us loss specially when we are impatience, sometimes we really need to wait for a very long time to earn and the only choices is wait or loss.
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Viscore
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July 12, 2020, 10:13:10 AM |
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I knew that new investors is really impatience beause i experienced being new on investing in crypto, crypto is really a stressful kind of investment, because there are so many ways that can posibly make us loss specially when we are impatience, sometimes we really need to wait for a very long time to earn and the only choices is wait or loss.
They will definitely learn over time, experience is very important for an investor to mature, without that, we will make mistakes most of the time. Also, it's very basic that everyone should understand what is investing, it's risk and reward, we should know both of these and no only the reward alone. Investing has no time to determine a success, that always depends on the situation as one can invest now and he can double his money in just a day or just an hour as it's possible in crypto due to its high volatility, but in general, we need to have the patience and we can only do that if we know what we are doing and we believe on the asset we are investing.
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Utoy101
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July 12, 2020, 10:30:33 AM |
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There is more to crypto than having only patience, you need to be smart too, most times it's not always about waiting patiently, it's about looking for opportunities, Crypto is volatile as we known so price will rise and fall most times, learn to take advantage of price fall and price pump and you will have more quantities of your coins
I can't agree more. People are often blinded by the phrase of taking risk inorder to earn it big but i rather choose calculated risk and make it slowly because once you blow up your assets all in the name of taking huge risk, you wouldn't have a second chance to try out other opportunity. The crypto market is currently in a huge bear and not every coins will rise again after dumping so it actually takes more than patience in this space
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takana212
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July 12, 2020, 10:50:50 AM |
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indeed this kind of thing is common because new investors don't have much experience so when the crypto market goes down like now they will panic and take the wrong action by selling their assets cheaply.
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cryptoknightt
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July 12, 2020, 01:30:04 PM |
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actually those who are impatient, only want to take advantage in the shortest possible time so they might only predict the coins that will potentially rise without prior research and observation. so it's like guessing and not doing whatever it takes to observe the project.
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akitha
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July 12, 2020, 01:36:56 PM |
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yes, most of the newbies are impatient. maybe the reason is what they saw on their friend's portfolio is always like that. to newbies out there you need to have long patience in this market, the more you are impatience the riskier it could be, worst all of your investment will be gone
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CashbackLover
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July 12, 2020, 01:46:54 PM |
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Impatience is not entirely bad, been greedy isn't bad either but you need the best time to use them is all, holding coins and taking profits is good while some will called this impatience but holding and not taking profit and in the end the coin keeps losing value is stupidity
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bangdol
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July 12, 2020, 01:47:51 PM |
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yes, most of the newbies are impatient. maybe the reason is what they saw on their friend's portfolio is always like that. to newbies out there you need to have long patience in this market, the more you are impatience the riskier it could be, worst all of your investment will be gone
a beginner always wants to feel safe with the assets they have. it is natural for them to feel panicked and uneasy when they see a market that is moving very fast. it will grow and they will learn something when they often see the market. take it easy, they will adapt to this market.
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orengitu
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July 13, 2020, 09:48:42 PM |
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Exactly, most new investors are too impatience and wants quick money. There are some certain things that investors should know especially the new investors. The investor should gather a lot of information and knowledge about what they are getting into by doing a lot of research about the particle project they want to invest in. Secondly, investors should be very careful and have a lot of patience, they should know that there is no short cut it will surely takes a lot of time.
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StephenJH
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July 13, 2020, 10:44:14 PM |
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yes, most of the newbies are impatient. maybe the reason is what they saw on their friend's portfolio is always like that. to newbies out there you need to have long patience in this market, the more you are impatience the riskier it could be, worst all of your investment will be gone
the main reason is when they joined here, they think that they will make great money from this world. That is why they have heard about this world from friends, but they didn't make any research about this world, there is not any quick money, maybe you can be lucky, but it will not always happen. If you can not be enough patient, as you said you will lose your money.
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The cure
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July 14, 2020, 01:10:04 AM |
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They thought it was so easy to earn in crypto world, what they didn't know it needed more time and patience so that you can achieve the profit you've been waiting for. As a newbie it is normal for them to panic when they see the price goes down and make a wrong decision that will lead them to lose their money.This will give them better experience and guide for their next transactions.
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kogozer714
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July 14, 2020, 05:11:40 AM |
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yes, novice investors in the crypto world are too eager to get satisfactory results because of what they see is not what they experience. they are in too much of a hurry and as a result they lose their dream to get good results
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Ryushin
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July 14, 2020, 05:34:04 AM |
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Everyone is in hurry and its well understood but in crypto space been hurry means easy crash, unwanted mistakes will happen and there will be no room for learning, you will easily detect flaws and traps in projects if you have patience.
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Aaroenz0r
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Option Blitz
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July 14, 2020, 05:36:37 AM |
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They thought it was so easy to earn in crypto world, what they didn't know it needed more time and patience so that you can achieve the profit you've been waiting for. As a newbie it is normal for them to panic when they see the price goes down and make a wrong decision that will lead them to lose their money.This will give them better experience and guide for their next transactions.
Yes, this is so true. New traders are always in rush and craving to earn profits instantly. However, it's very dangerous that you trade with emotions and lack of skills. It results in failures and losses that may disappoint them to continue. New trader can avoid losses and failures by learning and studying the market before joining in. It's always good to do something that you learned. Don't trade without knowing enough.
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