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Author Topic: Patience above all will be rewarded here  (Read 2689 times)
int03h
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August 29, 2020, 10:05:48 AM
 #141

The crypto market is back to action, some cryptocurrencies have risen rapidly with the efforts of the dev team and some cryptocurrencies have not been able to rise again forever. The core issue here is that the value-added cryptocurrencies are active ones, with the developer still updating their source code. During the market downturn, we lost a lot of money but some people took the opportunity and got rich. Patience is a virtue, but be patient with cryptocurrencies whose source code updates are available.
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August 31, 2020, 11:04:42 PM
 #142

Agree, if you are having a difficult time making investment decisions, there is a chance that you can fail it. Investment in cryptocurrency is not a normal activity, it requires a lot of studies to master the flow of market and have confidence in your investment.

Also, you must have faith in investing in cryptocurrency, it'll just make you paranoid on the investment you've made. Patience will be always the key to paradise.
The possibility of failure will inevitably exist, no investment will always be profitable. Doing good research is the main key so that investment can run according to the strategy that has been compiled. What is meant by patience in investing is, be patient waiting for the main target to be achieved, because when investing there must be a target that must be achieved. Always being patient and not having targets is not going to be good. Mid term or long term investment can be selected according to the target to be achieved.
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August 31, 2020, 11:49:18 PM
 #143

Bitcoin will take time to be adopted as long as Institutional Investors doesn't realize the flaw and corruption of the financial system.
People think Bitcoin as a get rich quick, that's why they easily sell when in a bear trend. Those are the weak hands and dumb investors. But we the the hodlers will become the next rich gentlemen when massive adoption and demand surge knowing the full potential of BTC.

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deadmousehat
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September 01, 2020, 01:52:30 AM
 #144

I don't agree with clowns, how can you call them clowns when you don't know their condition which makes them no longer believe in bitcoin. I say that because it happened to a close friend of mine who sold all his bitcoins because of financial problems. and also not everyone invest in bitcoin because they believe in bitcoin. they just want to make a profit and go. So it all depends on their mind set.
Easteregg69
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September 01, 2020, 01:57:34 AM
 #145

I don't agree with clowns,

Hear hear.

So what you do is you sell some bitcoins when you are broke and buy when your on top.

Throw some "shit" and see what sticks.
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September 01, 2020, 08:38:50 AM
 #146

Bitcoin will take time to be adopted as long as Institutional Investors doesn't realize the flaw and corruption of the financial system.
People think Bitcoin as a get rich quick, that's why they easily sell when in a bear trend. Those are the weak hands and dumb investors. But we the the hodlers will become the next rich gentlemen when massive adoption and demand surge knowing the full potential of BTC.
As long as nothing happen with you while hodl your bitcoin then you can holding it without any worrying about investment at all. Some case in need in real life will push you to used your investment on bitcoin but in reality it was a good choices as it will save you a lot from getting trouble in life.

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September 01, 2020, 11:55:00 AM
 #147

Being patient is always fruitful in the Cryptocurrency Industry. Though we still have to keep in mind some Alternate Cryptocurrencies have their peak moments in which selling is a good option. For Bitcoin, buying and selling is always unpredictable since it has that situation in which its price suddenly skyrockets so high. We can always keep in mind different situations in which that renders us available in when we need money.

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September 01, 2020, 07:43:30 PM
 #148

While patience is key, some people can not afford it due to the circumstances under which they acquired their bitcoin. As rightly suspected, most people hear about profits made by colleague in bitcoin, then without any findings they acquire funds by any available means and enter the market hoping to make mouth watering profits. They wait a month, two and three at most then there is pressure from their financiers.the truth is these kind of people can not stand the test of time and therefore have to sell. We need to prepare very well before we take any step in buying bitcoin.

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September 02, 2020, 07:32:59 AM
 #149

Sometimes patience is really not helpful, but on the contrary, Patience is always a virtue and i do believe that especially that i am working here in Blockchain industry. To some individuals who doesnt have patience, well, they need to practice it gradually in order to gain more profits here Crypto world.
If we made things in a hurry, we always ended up in failure here..so for me, sweet success and good profits will always worth the wait.
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September 02, 2020, 07:44:22 AM
 #150

Investing in Bitcoin is not a matter for those with weak nerves and hasty ones who aspire to a quick profit. To become a millionaire you have to believe in Bitcoin and have enough patience, long breath and a strong heart. People who dared to deal with the cryptocurrency should prepare for failure, and then perhaps luck would smile at them.

Atleast put some brain on it too.

We all believe on that saying that good things comes from those who wait but waiting is not just enough. If you will be just waiting for your fruit to fall on you, that might just fall when it is already rotten. We have a lot of signs we can use to take some advantage and get some profit in a short period of time, read something, know the market, know whats happening, every movements can give you something.
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September 02, 2020, 10:50:29 AM
 #151

Investing in Bitcoin is not a matter for those with weak nerves and hasty ones who aspire to a quick profit. To become a millionaire you have to believe in Bitcoin and have enough patience, long breath and a strong heart. People who dared to deal with the cryptocurrency should prepare for failure, and then perhaps luck would smile at them.

Atleast put some brain on it too.

We all believe on that saying that good things comes from those who wait but waiting is not just enough. If you will be just waiting for your fruit to fall on you, that might just fall when it is already rotten. We have a lot of signs we can use to take some advantage and get some profit in a short period of time, read something, know the market, know whats happening, every movements can give you something.

That is actually right. Thinking about the investment is also a good idea since it can produce you a profitable income. Its true that watching for the perfect opportunity is the best way to gain profit and so waiting is just not the idea to HODL until the end but rather wait until the opportunity to sell is presented.
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September 03, 2020, 08:31:22 AM
 #152

Patience is a good personality in investing but be patient with good projects, see what they have done during our patience. There are a lot of low-priced cryptocurrencies to buy but I would never buy them because I see behind them there are points that are not worth them. Learn how to test the source code, see how they worked. There have been too many scams and many more in the future. Be patient with your intelligence.

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September 03, 2020, 09:34:02 AM
 #153

While patience is key, some people can not afford it due to the circumstances under which they acquired their bitcoin. As rightly suspected, most people hear about profits made by colleague in bitcoin, then without any findings they acquire funds by any available means and enter the market hoping to make mouth watering profits. They wait a month, two and three at most then there is pressure from their financiers.the truth is these kind of people can not stand the test of time and therefore have to sell. We need to prepare very well before we take any step in buying bitcoin.

the thing is that like you said most people don't really understand Bitcoin and are simply here to make a quick profit. Can you really even call someone who puts money into bitcoin because he heard about a colleague making money on it or read about it in the newspaper an investor.

Here is an article that was published at the peak of the ICO mania in 2018 by the the New York times, i can imagine quite a few people bought into bitcoin  and got burned in the subsequent crash after reading an article like this.

Link: https://www.nytimes.com/2018/01/13/style/bitcoin-millionaires.html

As far as pressure from financiers is concerned if you are borrowing huge sums to buy into bitcoin without doing proper research then you will most certainly get burned, its just that people don't hear about those stories all they hear about are the few that borrowed large sums and and made a fortune.

I honestly have doubts if even 30% of the people buying Bitcoin have even read through the bitcoin whitepaper, most people simply hear buzz words around it and keep repeating these again and again and call it a scam when they eventually get burned.

Here is a link to the whitepaper if anyone hasn't gone through it

Link: https://bitcoin.org/en/bitcoin-paper


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September 03, 2020, 07:41:40 PM
 #154


so for me, sweet success and good profits will always worth the wait.

Yes but waiting without putting in some labour may not bring reward. You have to be in a good position to get help, support or knowledge to carry you on. Faith with no work isn't going to lead to success. And most times we don't need to keep waiting. When our investment is not bringing profit , we can sell and invest in some thing else.

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September 04, 2020, 02:23:14 PM
 #155

Bitcoin is a currency like other currencies just the difference is it is digital currency. Like all other currencies it will see bear and bull market.
Rightnow bitcoin is 6 th largest currency in the world definitely it took a time to come to this position. Many companies started giving their employers a salary in bitcoin , many projects are attracted in this bitcoin platform and all this happened definitely took time. So if you have patience you will definitely get lot of rewards from this platform in terms of profit and services also.
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September 04, 2020, 04:13:51 PM
 #156

Patience and understanding of risks are the key to successful crypto trading.
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September 05, 2020, 03:26:13 PM
 #157

Bitcoin is a currency like other currencies just the difference is it is digital currency. Like all other currencies it will see bear and bull market.
Rightnow bitcoin is 6 th largest currency in the world definitely it took a time to come to this position. Many companies started giving their employers a salary in bitcoin , many projects are attracted in this bitcoin platform and all this happened definitely took time. So if you have patience you will definitely get lot of rewards from this platform in terms of profit and services also.

Can you provide examples of companies that pay their employees in bitcoin? I think this is impossible because of the volatility. Unless, of course, it equates to an amount equivalent to us dollars. Imagine that you have a salary of 2000 dollars and you are given a salary, and tomorrow bitcoin falls and you have a salary of 500 dollars. Maybe even less)
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September 05, 2020, 04:16:22 PM
 #158

There is frivolity beyond patience. If there is patience in all realms, something can be achieved. But nothing is credible if it is short-tempered.
So it is empirical to be rewarded only if you work with patience.

Investing in crypto means you should be investing extra money which you are fine even in worst scenario you lose. Due to volatility it can fall badly as well and so does it can bounce back as well. It would be you luck after investing suddenly market rises certain percentage quickly or vice versa as well is possible. So, in long run you will end up making money if stayed invested in right coins.
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September 05, 2020, 05:24:09 PM
 #159

There is frivolity beyond patience. If there is patience in all realms, something can be achieved. But nothing is credible if it is short-tempered.
So it is empirical to be rewarded only if you work with patience.

Investing in crypto means you should be investing extra money which you are fine even in worst scenario you lose. Due to volatility it can fall badly as well and so does it can bounce back as well. It would be you luck after investing suddenly market rises certain percentage quickly or vice versa as well is possible. So, in long run you will end up making money if stayed invested in right coins.

They said that patience is a virtue because the key to success is patience. Before we become successful, we will face a lot of struggles, hindrances, dissapointments and etc. so we should be patient and hard working because there is no shortcut on achieving your desired goal just like here in crypto world some of us entered here without any knowledge but because of our hardwork and patience we know a lot now about crypto currency.
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September 05, 2020, 05:56:28 PM
 #160

There is frivolity beyond patience. If there is patience in all realms, something can be achieved. But nothing is credible if it is short-tempered.
So it is empirical to be rewarded only if you work with patience.

Investing in crypto means you should be investing extra money which you are fine even in worst scenario you lose. Due to volatility it can fall badly as well and so does it can bounce back as well. It would be you luck after investing suddenly market rises certain percentage quickly or vice versa as well is possible. So, in long run you will end up making money if stayed invested in right coins.

They said that patience is a virtue because the key to success is patience. Before we become successful, we will face a lot of struggles, hindrances, dissapointments and etc. so we should be patient and hard working because there is no shortcut on achieving your desired goal just like here in crypto world some of us entered here without any knowledge but because of our hardwork and patience we know a lot now about crypto currency.

Patience is good, yes but you cannot just rely on it. You cannot just sit back and think everything will be ok. You have to be consistent as well. Failures are lessons, lessons you collect and combine in order to learn from them and create an even better version of what you originally envisioned since you now ironed out some of the jinks. Failure is an excuse to become better. Failure is never an excuse to give up. As long as you never give up you will be fine I say. Smiley
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