Questat
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July 14, 2020, 05:39:43 AM |
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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.
many people trapped in their fantasy , they think earning money was very easy in cryptocurrency market. today bought bitcoin and tommorow will earn money, unfortunately its not happen now . many project failed in early stages and price dumped hardly in market. finally our skill in research will take main role in our success story investing in crypto market. There's no relation to bitcoin if a lot of project will fail because bitcoin can rise even if altcoins will have to suffer. As we can see with the market trends, when bitcoin is rising, altcoins sometimes dump and sometimes they just follow, so it tells us that bitcoin is far superior in the market, that's why we called it the king. Bitcoin dominance now at 62%, that is still too high, all altcoins vs bitcoin can't even beat the king. https://coinmarketcap.com/charts/#dominance-percentage
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dragon695
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July 14, 2020, 05:55:37 AM |
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it has become common for new investors to rush, even more so if they don't learn about this development, because there are so many interesting offers in investing on the internet, especially crypto. sometimes greed and greed pervades a person to get greater profits quickly. Well, in the end, it will create a meaningful experience for them.
Yes. That meaningful experience is that do not ever do anything with greedy and emotions. It's extremely dangerous to do so. I have joined the market since 2017, at that time I can say it's too easy to earn profits since every single coin was increasing. However, it's not anymore. A lot of people still look at the cryptocurrency as its condition in 2017. They think they can earn quick money from the market without the need to learn or study anything. Those misunderstandings create a lot of failures for newbies.
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jajorforce
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July 14, 2020, 10:59:00 PM Last edit: July 14, 2020, 11:10:54 PM by jajorforce |
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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.
Acceptable advice, everyone doesn't try to understand crypto the situation. Old Coin always gives us huge profits, so we have to be patient. Over 60-70 percent of people could be patient, if they knew that holding coins would be the moon. Bounty hunters like short term projects, because they don't need to be patient.
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KnightElite
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July 15, 2020, 09:27:37 AM |
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Most of the new investors nowadays have the get rich mentality where they thought that they can earn big amount of money in just short period of time but they are all wrong because they are not aware that success in every investments requires a lot of time and hardwork in order to have super performance. Being too impatience is a bad habit, in order to get rid of it we should first change our mindset. Everything start with our thoughts so we should think long term.
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nasipadang
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July 15, 2020, 09:49:13 AM |
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I cannot blame them, because that is their right to invest and treat their investments. I am sure that many investors will not be trapped in the same behavior or trap. Making huge profits on cryptocurrency investments is possible, but we also need to understand the risks involved in those investments. So the point is why new investors are impatient, it is because they do not understand the risk of cryptocurrency, when they have understood and even experienced that risk then they will likely change
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bitgoldpanther1978
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July 15, 2020, 10:18:14 AM |
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If the newly investors are impatience that means the person who will invest in the coin or project in crypto don't have any interest to gain or obtain knowledge about in crypto. Where the result for sure in the end will be loss their coin of course. No wonder why most of them are loser as an investors of cryptocurrency.
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GREENch
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July 15, 2020, 06:45:46 PM |
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It's not even a matter of patience, it's just that before when investing in a project, people waited for a listing on the exchange and sold coins, getting their profit. Now the waiting period from the ICO to the listing has increased and the coin rates (for the most part) go down after the listing
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Casdinyard
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July 15, 2020, 07:41:05 PM |
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It is just normal reaction for the investors for they do care about their investment. We are into an industry of vast cryptocurrency and we are all seeking for greater opportunity that is why we are working with cryptocurrency. Same with the investors since they have exerted not just effort but money as well and they have been waiting for long until the project becomes success for listing into a reputable exchange where they can already get profit from investment. The impatience on their part is their right because it is their money that have been invested for the sake of the project and they just wanted to assure that it is all worthy that's why they are really urge and impatient of waiting for the result. Maybe taking too long for their investment makes them paranoid to think they got scammed that is why they are being impatient which we cannot blame them for feeling that because if we have invested our own money like them, we will surely feel the same pressure like them most specially if you were new in this industry.
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disconnectme
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July 15, 2020, 07:46:42 PM |
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Can I really say new investors are too impatience, most of these so called new investors entered the space when the bull market was about ending and most lost money, it is not easy seen your investment going down, if you do not have a wall chest to work with, another thing to considered is that investment in crypto is not like traditional market and one need to be very conscious of this
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Ifemini
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There are consequences for every action
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July 15, 2020, 08:37:35 PM |
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I think this is not limited to just new investors; every investor including you and myself are impatient; we want our profit to come back to us within the estimated time frame; and it doesn't always work like that. Which is one reason why we always have to avoid pump/dump tokens. Invest in a worthwhile project with a valid product and you will have abundant peace.
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pedpedped101
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July 15, 2020, 08:46:53 PM |
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I think this is not limited to just new investors; every investor including you and myself are impatient; we want our profit to come back to us within the estimated time frame; and it doesn't always work like that. Which is one reason why we always have to avoid pump/dump tokens. Invest in a worthwhile project with a valid product and you will have abundant peace.
Do you know that some people invest in good projects, yet they lose because they lack that virtue called patience? Whether it is a good project or not, patience is always very necessary. If waiting will be a problem., then the loss will not be too far away. Patience is needed when thinking of what or when to invest and it is needed when the investor wants to sell. This same virtue can rescue one from accepting just any news, which mostly is FUD.
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rodskee
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yahoo62278
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July 15, 2020, 09:24:02 PM |
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Can I really say new investors are too impatience, most of these so called new investors entered the space when the bull market was about ending and most lost money,.
That's the bad timing that they've take, fomoing every time they've seen big movements without properly researching about the project. it is not easy seen your investment going down, if you do not have a wall chest to work with, another thing to considered is that investment in crypto is not like traditional market and one need to be very conscious of this
With so much volatilities being present to this business, you need to have a strong foundations of knowledge in order to take all the risk. Once you are in, make sure that you are willing to take everything, never to follow your emotions as most of the time it will lead you losing your money.
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conkeconke
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July 17, 2020, 05:42:53 PM |
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Impatience is not a problem, undecide and going back and forth without any action could cost you a chance to make profits. New investors just lack of experience to know when you need to be slow and steady and when you need to be fast.
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ije07
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PredX - AI-Powered Prediction Market
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July 17, 2020, 06:18:11 PM |
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investment certainly takes a long time or at least until the value of a coin rises to a high price and then sells it. but in general every new and old investor has different characteristics from one another and cannot be patient for several reasons, including urgent economic needs, lack of confidence in their decisions or worry if coin prices fall dramatically.
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funex
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July 17, 2020, 06:58:13 PM |
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you may not completely blame new investors for being impatience , most of them invest all their capital in one project expecting a quick a huge ROI but when it does not go their way they get agitated .
However, reason for impatience perhaps their fund is already tied down in one project and may be they have seen another good project to have invested in but no more fund . this can be very frustrating. hence i always advise you investors should not put their eggs in one basket.
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Oikos◆ | Decentralized Finance on Tron https://oikos.cash/
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Questat
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July 21, 2020, 08:28:57 AM |
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investment certainly takes a long time or at least until the value of a coin rises to a high price and then sells it. but in general every new and old investor has different characteristics from one another and cannot be patient for several reasons, including urgent economic needs, lack of confidence in their decisions or worry if coin prices fall dramatically.
We never know when the market will experience a bull run again, but the moment we invest, it's better if we ready ourselves and we have a mindset that we are investing for long term, and that we can hold and still confident regardless of what will happen to the market. It's a test, what we are seeing when the market struggles is a test, so when you panic and you dump, so lose as whales are very good in manipulating the market, they can cause a panic for investors who does not have enough knowledge to make the right decision.
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Retainly_Collie
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Second Live
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July 21, 2020, 08:30:04 AM |
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Impatience is not a problem, undecide and going back and forth without any action could cost you a chance to make profits. New investors just lack of experience to know when you need to be slow and steady and when you need to be fast.
But that is the most important thing in this market, if you are impatient and assertive then I believe that you will always fail in this market.
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Blue_oxen
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July 21, 2020, 08:33:20 AM |
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you may not completely blame new investors for being impatience , most of them invest all their capital in one project expecting a quick a huge ROI but when it does not go their way they get agitated .
However, reason for impatience perhaps their fund is already tied down in one project and may be they have seen another good project to have invested in but no more fund . this can be very frustrating. hence i always advise you investors should not put their eggs in one basket.
True! The fear of missing out is one of the reason why investors are greedy and impatient! While investing in one project and seeing others get successful can trigger them to panic buy and sell which leads to losses. You're right that we can solve this problem by allocating our capital in different projects and don't be too panic in making money. Learn how to do emotional controls also a good way to solve this problem.
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tiang_tower
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July 21, 2020, 08:36:44 AM |
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Impatience is not a problem, undecide and going back and forth without any action could cost you a chance to make profits. New investors just lack of experience to know when you need to be slow and steady and when you need to be fast.
New investors who are still inexperienced can still be covered up by asking kapada who are already experienced, because that is a common thing, but what cannot be overcome is investors who lack capital because they have been deceived in investing in the past, this is very painful.
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ned.ryerson
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July 21, 2020, 08:37:23 AM |
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Impatience is not a problem, undecide and going back and forth without any action could cost you a chance to make profits. New investors just lack of experience to know when you need to be slow and steady and when you need to be fast.
in any case, I think that too quick decisions in this market bring more losses than patience. sometimes you can wait too long and miss out on profits, but there will be much more opportunities to make money.
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