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Author Topic: Patience above all will be rewarded here  (Read 2678 times)
dansus021
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August 26, 2020, 01:10:54 AM
 #101

Many fail when investing in Bitcoin, because they are too focused on making instant profit. Even though the key to successful
investing in Bitcoin is to have patience, without patience only losses can be obtained. Even investors with low knowledge and
skills can successfully invest in Bitcoin with just being patient.


Totall Agree. some people join bitcoin at the bitcoin boom 2017 cause i have so many friend that join @2017 and some of it says wanna make profit when bitcoin reach the ATH but some of it just give up about bitcoin right now. Based on my experience itself the key is patience, maybe you will lose at short term but that's not the point. The market will keep moving.

Indeed. If we invest in bitcoin dont expect to get a return for a short period because investing in crypto takes time and we need a lot of patience in order to bear the roller coaster movement of the market. The problem is some of us are investing during peak price, thinking its the best time to engage ourselves because of the hype not knowing the risk and possible chance of losses. Its not hard to understand the flow of the market thats why we need to know the basic knowledge before investing to know what to expect.

and yes i think there's people not knowing the risk about investing in crypto industry

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August 26, 2020, 05:03:34 AM
 #102

Indeed. If we invest in bitcoin dont expect to get a return for a short period because investing in crypto takes time and we need a lot of patience in order to bear the roller coaster movement of the market. The problem is some of us are investing during peak price, thinking its the best time to engage ourselves because of the hype not knowing the risk and possible chance of losses. Its not hard to understand the flow of the market thats why we need to know the basic knowledge before investing to know what to expect.

If there will be no one to invest in peak price, I think no hodler could actually gain profits. It is just that, we are in a two side of wheel where someone gains profit and the other suffers. The only solution I can find with it is patience, if we have bought some amounts in a wrong time, we aren't lost yet, we can wait till the price peaks higher than the price when we bought it then sell it.

But without any mistakes, chances of gaining profit is better, if we know the proper timing in buying the dip, or if we have time, we could learn to scalp trade to earn profit in short term crypto price increase.
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August 26, 2020, 05:20:31 AM
 #103

Many fail when investing in Bitcoin, because they are too focused on making instant profit. Even though the key to successful
investing in Bitcoin is to have patience, without patience only losses can be obtained.
not only on bitcoins but that also applies to everything that we do , if we dont have a patience we cant achieve the success that we are looking for .

Even investors with low knowledge and
skills can successfully invest in Bitcoin with just being patient.
you dont need to be professional and to be really smart on here because btc is newbie friendly . almost everyone are involved but only few practice to have a good patience .
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August 26, 2020, 05:54:46 AM
 #104

Those who couldn't tolerate the stress from the market or the fear of the hype that would be around while they are holding in crypto would lose some of their money for sure.
We need to have patience in order to gain something here don't let it scare you on making you lose your opportunity to gain.
You need to accept that this isn't an easy way to make a money just take a look how long it takes for crypto to be well known in the industry.
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August 26, 2020, 07:28:02 AM
 #105

Patience will always be present in our life for the attitude of holding back emotions and desires, and to endure difficult situations without complaining and patience is the ability to control oneself which is also seen as an attitude that has high value and reflects the strength of the souls of those who have it.
Since we are involved in bitcoin or cryptocurrency, we must have strong patience to produce profitable results, and must be based on good knowledge and information to learn how bitcoin or cryptocurrency works in detail.

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August 26, 2020, 08:08:50 AM
 #106

Certainly, patience will be rewarded. That is why those who let patience ignite within me, are currently reaping the benefits. Truthful to say that the crypto market is really stressful and makes people scared of holding but those who fought with the risk of losing, are now winning.

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August 26, 2020, 09:33:57 AM
 #107

It is very important to endure and give yourself the opportunity to wait for the moment when you can act.
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August 26, 2020, 10:29:34 AM
 #108

Certainly, patience will be rewarded. That is why those who let patience ignite within me, are currently reaping the benefits. Truthful to say that the crypto market is really stressful and makes people scared of holding but those who fought with the risk of losing, are now winning.
Only a small percentage of people who are not having the guts to hold their coins for a long period of time sell their coins when the market goes slightly up wishing that after they sell their coins the market would magically go down and they would again buy bitcoins back at cheap prices, but this doesn't happen very often and many times those same people would have to buy back the coins at a much higher rate than that they previously sold their coins for. Look at those who brought back their coins above the $15k mark in the previous mega bull run of 2017. At that time they thought it was a wise decision to buy back bitcoins at $15k and sell them again when the price would reach $20k, but that didn't happen and they had to bear huge losses.

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August 26, 2020, 10:41:39 AM
 #109

We are all speaking about patience because we saw that bitcoin's prices already reached $20k. If its price ATH was about $100 mining's difficulty would grow all the time, this topic will never appear and people would only talk "sell at first available high price".

If there were no such grow, no one would ever speak about patience and we would only discuss methods were and how quick cryptocurrency can be sold.

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August 26, 2020, 12:45:11 PM
 #110

No way everybody can invest in the same time, many invest late while some invest early. The best way to achieve great profit in bitcoin, is to put trust in your coins anyhow, somehow, the price will surely go up and you will smile the end of it.
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August 26, 2020, 01:33:33 PM
 #111

many people believe in bitcoin and they are racing to invest for quick profits, they think all this will continue to go up high, but what happens when Bitcoin goes down they let go and are disappointed, everyone leaves and doesn't believe anymore, eventually people always are on board and patiently waiting for bitcoin to go to the moon who can enjoy it.

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August 27, 2020, 03:56:00 PM
 #112

Patience is the key to success in any business. Patience in cryptocurrency requires more. Some investors invest in Bitcoin only in the hope of short-term returns, they think it is just a bubble, there is no basis for it; They become restless. In fact, investing in cryptocurrencies or bitcoin requires patience, otherwise success cannot be expected. Patience is a necessary element of investment.

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August 27, 2020, 04:45:50 PM
 #113

Rome wasn't built in a day, and Bitcoin won't take off to the moon right now. It will take a lot of improvement, a lot of new technology and a lot of hard work.

The people who buy in rallies and sell during bear markets and then don't believe in bitcoin anymore are clowns. If the price went to 25k in the next few months I guarantee it that the community will double maybe even quadruple in just a few days.

And then if it dropped back to 15k, suddenly most of these people will disappear again. They won't believe in bitrcoin and they will not care.

If you don't want your money to be created by bankers and the government at their whim the actual price of bitcoin is secondary. Bitcoin is a central part of the puzzle when it comes to the people getting back their sovereignty.



They are not reading enough and they are not analyzing the market and the situation enough if they continue to dump, there are a lot of reasons why market is dropping, some are selling to cut loss, because they need money at this pandemic but mostly selling for profit because they already in a profit level, we must not lose our trust in this technology just because market is dropping.
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August 27, 2020, 05:22:42 PM
 #114

Many fail when investing in Bitcoin, because they are too focused on making instant profit. Even though the key to successful
investing in Bitcoin is to have patience, without patience only losses can be obtained. Even investors with low knowledge and
skills can successfully invest in Bitcoin with just being patient.


Patient and low risk is the way to be successful in business. A low risk investor has a long way to stay in the market but if you get impatient to take big risk because of big profit, you are likely to go out of market faster.
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August 27, 2020, 08:22:04 PM
 #115

Certainly, patience will be rewarded. That is why those who let patience ignite within me, are currently reaping the benefits. Truthful to say that the crypto market is really stressful and makes people scared of holding but those who fought with the risk of losing, are now winning.
The crypto market is indeed stressful for some people who invest in it. One of the things that causes stress is the decline in prices when the investment has been made. We must know that cryptocurrency has a very risky price fluctuation, we must understand the characteristics of cryptocurrency.

Investments made in crypto must also be done properly, entering when the market is bearish in order to get a very cheap price, it will give more profits.

Patience is very beneficial, but we also have to know the right investment strategy so that our patience in investing can pay off.
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August 27, 2020, 08:56:42 PM
 #116


Patience is very beneficial, but we also have to know the right investment strategy so that our patience in investing can pay off.

Exactly. While patience is certanily a factor, once you invest in crypto you should improve your competence at least to make that patience less stressful and be more confident with your decisions
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August 27, 2020, 08:59:13 PM
 #117


Patience is very beneficial, but we also have to know the right investment strategy so that our patience in investing can pay off.

Exactly. While patience is certanily a factor, once you invest in crypto you should improve your competence at least to make that patience less stressful and be more confident with your decisions
But too much patience wouldnt really be that good if its too much yet  this might be a reason that you would really be missing out good selling time opportunities unless if you are
really tending to hold your coins in longer years without tending to sell it out no matter what would be the price.When it comes to market recognition and attention then its just normal
for people not to care about when theres no much noise in the market and to those people who dont know about cryptos existence wont really tend to know but when its hypes
and having that bull run thing then everything would really be a talk in town.People starts to get involved and do really result into rally.It all matters with the demand but we cant
expect that it would really shoot up its price on continuous basis.Of course there would be corrections of price afterwards.

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August 27, 2020, 10:42:04 PM
Last edit: August 28, 2020, 03:43:10 PM by finaleshot2016
 #118


Patience is very beneficial, but we also have to know the right investment strategy so that our patience in investing can pay off.

Exactly. While patience is certanily a factor, once you invest in crypto you should improve your competence at least to make that patience less stressful and be more confident with your decisions
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.
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August 28, 2020, 01:16:21 AM
 #119

I think most of the people who enter the crypto world don't really want to take part in the bigger mission to dismantle the centralized financial system. They just want additional income, so when bitcoin doesn't work for them anymore, they tend to look for something else that works, and then go back when bitcoin is profitable again. For me, there's nothing wrong with that. From an advocate's point of view, however, it's kind of frustrating to see how your supporters can easily abandon you when you're not useful to them anymore. But that's how organizations that offer investment opportunities work. Everyone has an interest to protect.

We can't deny though that the behavior of these people you call "clowns" also contributes to bitcoin's price movement, which also influences the financial market. So, we can't really write off the fact that they are essential to the fulfillment of bitcoin's true purpose. That's the role they chose to play in this project and I think we can't question that. After all, we're free to choose how we want to be involved. I agree with you that patience is key both to making bigger profits through bitcoin and to promoting global bitcoin adoption.       
ghost424
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August 28, 2020, 05:13:06 AM
 #120

Rome wasn't built in a day, and Bitcoin won't take off to the moon right now. It will take a lot of improvement, a lot of new technology and a lot of hard work.

The people who buy in rallies and sell during bear markets and then don't believe in bitcoin anymore are clowns. If the price went to 25k in the next few months I guarantee it that the community will double maybe even quadruple in just a few days.

And then if it dropped back to 15k, suddenly most of these people will disappear again. They won't believe in bitrcoin and they will not care.

If you don't want your money to be created by bankers and the government at their whim the actual price of bitcoin is secondary. Bitcoin is a central part of the puzzle when it comes to the people getting back their sovereignty.



Those are actually words to live by since most users and new users rush to making rash investments regarding different kinds of Cryptocurrencies. Its only natural to have that reaction but we must always remember that creating dangerous decisions that might lead to even losing interest in Cryptocurrencies. Bitcoin was always growing even in 2017-2018, it showed a great surge in value and people rode that pump to gain money, now the same thing is actually happening and we can expect it to happen again.
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