Hold on to patience even when it feels like wearing off

[yulionoo]

why do people always think patience is the key? I think patience in no way returns the situation back to normal. what you have to do is change your mindset going forward and find a gap to balance when the market is in a bad situation.

because if we don't have patience then we will panic and sell coins at a low price and that will make a bigger loss. and at a bear market like this the best solution is to be patient and hold on waiting for the coins to pump again. if we try to switch to another coin it's the same. because when it is bearish almost all coins have decreased. and what I mean to hold here is to hold bitcoin and altcoin top. because I'm sure the top bitcoin and altcoin still have a chance to pump more.

[1714689784]

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[1714689784]

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[hello_good_sir]

Definitely. Especially when you look at the potential bull market that will be coming up in 2020.

Right now is honestly the perfect time to be accumulating some large cap altcoins with DCA. Low risk and high reward, really. Markets have already seen its bottom at $7k BTC and around 0.018 for ETH, and it's unlikely that they will go much lower after this.

Just don't go about holding tokens with no intrinsic value. Projects that have no substance and no team backing in them will never succeed.

[crossabdd]

yeah, not only altcoin. but bitcoin is also very disappointing for holders. but this is not for a moment. bitcoin and altcoin run side by side. so there will be a time when it will go up after this time in dump. when you get bored with holding. one can trade to increase the stock of their coins. and returned to coin held. so when the pump occurs. we have benefited from before while holding it.

[Vishnu.Reang]

You are not going to gain anything by holding on to an asset which has zero future potential. Intelligent investors sell their asset at the right time. For my part, I sold most of my altcoins two years ago (in 2018), when the future outlook was looking bleak. Now looking back, I am happy that I made that decision then. All the coins that I sold in 2018 lost their value afterwards and some even got delisted from the exchanges.

[Savemore]

yeah, not only altcoin. but bitcoin is also very disappointing for holders. but this is not for a moment. bitcoin and altcoin run side by side. so there will be a time when it will go up after this time in dump. when you get bored with holding. one can trade to increase the stock of their coins. and returned to coin held. so when the pump occurs. we have benefited from before while holding it.

Some altcoins are not worth it to hold, I really regretted the time that I chose to hold my altcoins than to sell it. Now the altcoins that I have in my wallet are the altcoins that have negative ROI. We should know when is the right time to hold and the right time to let go in order for us to not miss another opportunity to earn money. Only few altcoins that are worth it to hold so we should pick carefully.

[Debonaire217]

We all know what is hard, and it is seeing the market falling if we know we have huge investment. But if we are to think about this, we aren't really lost when it continues to decline, the true winning will take time and patience and with the past years, I am really telling myself that in 2020, there will be no more panic sell, and I am going to take each market decline as an opportunity to enter the market.

[mamesso]

We all know what is hard, and it is seeing the market falling if we know we have huge investment. But if we are to think about this, we aren't really lost when it continues to decline, the true winning will take time and patience and with the past years, I am really telling myself that in 2020, there will be no more panic sell, and I am going to take each market decline as an opportunity to enter the market.

2020 have come, we all hope there will be an extraordinary movement in the crypto market in 2020. A trader will always look for loopholes to make a profit, patience in making choices be very important in trading in the crypto market, Because the price of coins always goes up and down all the time. Such conditions must be utilized by every trader, because the main goal when you first plunge into the world of crypto to make a profit.

[Triffin]

Altcoins seem to be the ones taking the hits of negative results and they are not encouraging, i know its not a good time for every altcoin holders, the question you all need to be asking yourselves is how long will altcoin market keep declining? will it take forever cos nothing last forever, patience is all you need, if its not enough to calm you then look for other ways to sustain yourself for a while, do not run because of present condition cos it doesn't justified tomorrow. For whatever is going to turn out good will first go sideways.

The altcoin industry has experienced a lot of downs right now but the prices will soon recover. There's always risk in investing and the prices could change anytime. Try your best not to be easily swayed by emotions brought by the dull crypto market right now. Patience is indeed the key to succeed here because if you quit early, you already surrender every effort and time you have given into it.

Yes for sure we will have to keep patience and wait I am sure one day bitcoin and Alt coins will recover the price but till then we should keep holding and waiting for right time to sell and to hold. If you feel that your investment is getting down in price you can choose buying more than making foolish decision to sell at panic.

[anjiitem]

I believe this if prices can change at any time and also have a high enough risk. if we do not have the patience when investing, we will always lose the hold, and also the disadvantage of funds, of course, in terms of patience, the most important thing is to focus on the initial goals made.

Patience is tested when the price of coins is decreasing, don't be careless and lose control so that panic sell occurs.  When conditions are not promising, must have a solution so as not to experience the risk of large losses.
 Adequate funds are very important when trading, so that we can anticipate if the coins we hold are experiencing a price decline, so we can buy other coins to cover losses on coins that are experiencing a price decline.

Everyone must have a strategy to anticipate what bad possibilities can occur if the coins we hold have decreased and we don't need to rush into making decisions and decide to sell the coins by cutting losses because for me personally, when the coins I hold have decreased then I would prefer to look for other coins that have the opportunity to be able to make a profit and if there are no coins that I think are likely then I would prefer to keep holding the coin and not panic when I see the price of the coin decreases.

[karanggatak]

investing in the cryptocurrency market requires patience when we are in the bear market as it is today. and as a result of this bear market almost altcoin altogether has lost its value. if I don't have patience then maybe I have sold all my altcoins. until now I still hold my altcoin and hope that this year the altcoin market returns to green and the coins I hold can pump. and I think altcoin will pump after a bitcoin bull run. and we don't know when that will happen? therefore we must be patient and wait.

[Chainsmokers]

Patience is the key how to be success in cryptocurrency, many people want to be faster become richest person by investing with bitcoin and never patience for holding their coin assets when price in going down, they always look want to get much profit with cryptocurrency as possible soon without care what really happen and what is way for earning profit with bitcoin and altcoin.

In fact there are many people who want to get quick profits from investing in cryptocurrency and as you said that patience is really needed in investing into cryptocurrency. But for me personally, not only patience, experience, knowledge and how we look for opportunities from a coin are also needed to be able to generate profits even if not in a fast. But, if we just buy and be patient and know about the coins we buy, then I think it will only be in vain and waste time.

[b1boy]

for what reason do individuals consistently think patience is the key? For me personally I think patience not the slightest bit restores the circumstance back to typical. what you need to do is change your mindset totally going ahead and discover a way to adjust when the market is in an awful circumstance and sell when you need to and hold when you can

[Magkirap]

for what reason do individuals consistently think patience is the key? For me personally I think patience not the slightest bit restores the circumstance back to typical. what you need to do is change your mindset totally going ahead and discover a way to adjust when the market is in an awful circumstance and sell when you need to and hold when you can

Because patience can do lots of things to us and also to out mindset, with patience within ourselves we practice controlling ourselves which can help us avoid the things we need to avoid like desire to sell when you need to hold for a little bit longer. For me i think patience is pike the general thing we need to have and the changing of mindset comes after you learn how to be patient.

[inanilujimi]

Not all must be held sometimes the decision must be taken before sinking too deep.
Because altcoin is like a tool for pumps and dumps and after that it's dead and meaningless.
Sometimes we have to dare to fail to get skills.

[Bim abk]

Not all must be held sometimes the decision must be taken before sinking too deep.
Because altcoin is like a tool for pumps and dumps and after that it's dead and meaningless.
Sometimes we have to dare to fail to get skills.

we also have to think about this, that when holding it without having the aim to sell it and also cut loss there will be mistakes too, because we will only waste time. if we hold and be patient then we must also have a goal, without clear objectives our holding process will not be able to run optimally

[Kersh768]

Altcoins seem to be the ones taking the hits of negative results and they are not encouraging, i know its not a good time for every altcoin holders, the question you all need to be asking yourselves is how long will altcoin market keep declining? will it take forever cos nothing last forever, patience is all you need, if its not enough to calm you then look for other ways to sustain yourself for a while, do not run because of present condition cos it doesn't justified tomorrow. For whatever is going to turn out good will first go sideways.

I agree. Instead of always thinking about the declination and stressing out yourself because of what currently is happening within the price of Altcoins in the market, better be optimistic and divert all your stress into something positive so that your position towards the situation becomes positive as well. Remember, stressing out yourself about the prices of Altcoins won't help to rise up the price so better be patient on waiting because indeed nothing last forever, all of the suffering we face and experience will soon to end in no time. Better be tightening your hold into your assets and avoid doing such impulsive decisions you that you can keep your assets safe and sound. Although it is hard to say and do, calm down as much as you can because sooner or later, the Altcoins will surely make its way again rising its price within the market. It is really indeed that patience is a virtue, just keep on holding into that.

[nutriagrigia]

investing in the cryptocurrency market requires patience when we are in the bear market as it is today. and as a result of this bear market almost altcoin altogether has lost its value. if I don't have patience then maybe I have sold all my altcoins. until now I still hold my altcoin and hope that this year the altcoin market returns to green and the coins I hold can pump. and I think altcoin will pump after a bitcoin bull run. and we don't know when that will happen? therefore we must be patient and wait.

It’s important to understand which altcoins you are holding. I don’t know the list of coins that you have, but perhaps many people should sell the coins that they now have in their wallets and buy others. because 2018 - 2019 were very difficult for altcoins and I think that so many projects died a long time ago, but no one announced it

[bohr]

This is exactly how the rich people make their money. They destroy the market as much as they can and then keep it at low as long as they can and as soon as people lose all their hopes they start to buy as much as they can while increasing the price (well when you buy that much it increases obviously) and that is how they become rich and stay rich, by manipulating peoples minds while manipulating the prices as well.

Reality is if we all together somehow hold off and not get destroyed then we can actually beat them, we are powerful enough economically but more importantly we are more powerful if we are not biting on their mental games. It is seriously a very questionable think because it is easier for whales since they are few people but can we actually do it with hundreds of thousands of people? So far we haven't but maybe one day we may achieve that.

And it is because of this open manipulation of the market that holding your coins is recommended as a strategy to counter that manipulation, however some believe that you can hold any coin and obtain good results and that is not really accurate, holding your coins only works with bitcoin and a few good altcoins for the rest of the coins if you apply that strategy then you are going to lose all your money but instead of losing it to the whales you will lose it to the scammers.

[Lauren Smith]

The problem is you can have all the patience in the world. If it's a bad coin it's still a bad coin and no amount of waiting will change that. Only ever hold onto alt currencies of the currency is connected to a working and evolving project that is going forward with their plans and not at a stand still. If you hold a currency that is going nowhere the price will just continue to drop.

[gedarchitect]

Patience is very important in Cryptocurrency. Though it is not easy but with patience things can turn around for good.