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Author Topic: Patience above all will be rewarded here  (Read 2681 times)
pragna
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September 11, 2020, 04:20:27 PM
 #181


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.


This is very correct i think. As its related to economy and money so it need more improvement and more experiment. Those who are BTC lover will be happy to see that day by day more people connecting with BTC and market is expanding. Now people thinking more secure investment from home with BTC and hope gradually it will explore more and more. waiting for that day when whole world will accept BTC.

thanks.
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September 11, 2020, 10:59:04 PM
 #182

Any person who is not patient he/she can not be a good trader.
A trader needs to be patience so that we can handle our situations when we trade. Because there are many different things than we thought when trading.

I think we also need some skills so that we can understand how to read the market so that we can not miss any profit easily.

I quite disagree to your first point, as in trading, there are some traders that trade in short term, and they called it scalping, but in there, you need to have a good amount of fund because of the trading fee. Basically, you don't need to be patient when you've bought a crypto, what you just need to do is to spot which crypto is building hype over the market and has the potential to increase in market price.

By the way, the skills that you need is classified in to two: The fundamental and technical analysis. Technical are more focused on understanding market graphs and pattern while fundamental is analyzing news and current state of the project.

Fundamental analysis implies technical analysis of anything, which means that it is more objective when used as an argumentative argument. In this case, we see a fairly obvious situation that has been repeated since 2008 approximately every 5-6 years. At the moment, just bitcoin will be assigned at the time of a critical situation in altcoins.

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September 11, 2020, 11:59:46 PM
 #183


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.


This is very correct i think. As its related to economy and money so it need more improvement and more experiment. Those who are BTC lover will be happy to see that day by day more people connecting with BTC and market is expanding. Now people thinking more secure investment from home with BTC and hope gradually it will explore more and more. waiting for that day when whole world will accept BTC.

thanks.
But all things wont really go as expected and just to have a word on that Rome example above.Yes, it wasnt built in a day but they do already anticipated
with such success that they do able to attain?For sure they havent but with due to hard work and dedication they do able to reach that goal.
same goes into this market, everything might be still questionable or unclear but we have seen into its potential which can really possibly become
the mainstream but having your hopes too high wont really be that much suggested.Everything can happen and its better to make yourself ready.

R


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metenjean
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September 12, 2020, 02:10:23 AM
 #184


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.


This is very correct i think. As its related to economy and money so it need more improvement and more experiment. Those who are BTC lover will be happy to see that day by day more people connecting with BTC and market is expanding. Now people thinking more secure investment from home with BTC and hope gradually it will explore more and more. waiting for that day when whole world will accept BTC.

thanks.
But all things wont really go as expected and just to have a word on that Rome example above.Yes, it wasnt built in a day but they do already anticipated
with such success that they do able to attain?For sure they havent but with due to hard work and dedication they do able to reach that goal.
same goes into this market, everything might be still questionable or unclear but we have seen into its potential which can really possibly become
the mainstream but having your hopes too high wont really be that much suggested.Everything can happen and its better to make yourself ready.
Discussing about why bitcoin still drop maybe have any change of rule and some big people try to make drama with bitcoin, they will give bad news to get bitcoin investment with lower price and always make good announcement when selling bitcoin assets. We can see why bitcoin suddenly could dump although have stronger position with higher price, waiting more than several weeks later for bitcoin recovery to higher price and get chance by some one to buy and invest with bitcoin in lower price.
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September 12, 2020, 02:24:32 AM
 #185

You know what? Many bitcoin users need to know more about this cryptocurrency, and that's one of the reasons bitcointalk exist, it is possible to make mistake but we must always learn from it and get counsel, those selling at the wrong time and buying at the wrong time have to get more information, knowledge is power, you don't just do things anyhow and get a good result,if only you are lucky.though strandedness may make you sell unripened,but I see it as see it as waste of resources.
JuSayCo
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September 12, 2020, 05:43:02 AM
Last edit: September 12, 2020, 06:06:47 AM by JuSayCo
 #186

 
Surely effectable words.Whatever is it bitcoin,ethereum or any crypto currency a hodler or a investor or a bounty hunter must have patience.bitcoin had already passed a golden time and now it is the most Popular one, so people are holding it samely it is mutual about the ethereum, dash and some other's.So,patience above all will be rewarded here per sure.
This is the most cypto enthusiast can do of having a patience. The very important thing can do to be successful in this industry. Some can't do hold and observe the market as they aim for instant money in crypto world. That's true bitcoin is the most popular and we're lucky to have gain knowledge and at the same, we learn.


We can't really blame those people whose impatience here in Crypto world and end up on losing more money. I understand that patience play a very important role here, but other people sometimes are too desperate about money that they rush everything without their full will because they badly need money especially nowadays. But to those who can wait, let's just be patient and we will be rewarded beyond our expectations.
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September 12, 2020, 07:33:48 AM
 #187

Surely effectable words.Whatever is it bitcoin,ethereum or any crypto currency a hodler or a investor or a bounty hunter must have patience.bitcoin had already passed a golden time and now it is the most Popular one, so people are holding it samely it is mutual about the ethereum, dash and some other's.So,patience above all will be rewarded here per sure.
This is the most cypto enthusiast can do of having a patience. The very important thing can do to be successful in this industry. Some can't do hold and observe the market as they aim for instant money in crypto world. That's true bitcoin is the most popular and we're lucky to have gain knowledge and at the same, we learn.


We can't really blame those people whose impatience here in Crypto world and end up on losing more money. I understand that patience play a very important role here, but other people sometimes are too desperate about money that they rush everything without their full will because they badly need money especially nowadays. But to those who can wait, let's just be patient and we will be rewarded beyond our expectations.

Very interesting - how long do we have to wait? Wink It seems to me that after the hype 2017 not many people got rich! Of course, I have hope for new bullrun, but this market is too speculative, and not the fact that bullrun will happen!

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September 12, 2020, 09:08:25 AM
 #188

Be patient and return to the mainland. Over the past 3 years, a lot of people have bought altcoins at a very high price from 2018-2018 and they want to get back what was lost. Some go back to their original price and they cut loss and some never get their money back.
Even those who bought Bitcoin, Ethereum, XRP ..., they still lost money. Waiting is the best way, there is no other way in this market.

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September 13, 2020, 06:51:36 AM
 #189

Just because you are always patient to hodl your crypto assets, you expect others to do the same. Majority of us here have different agenda and targets about crypto. In crypto you can neither be a short term investor or long term investor depending on the volatility of the market. Which ever one they choose, it's their choice of investment strategy that yields profit for them
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September 13, 2020, 12:36:51 PM
 #190

Just because you are always patient to hodl your crypto assets, you expect others to do the same. Majority of us here have different agenda and targets about crypto. In crypto you can neither be a short term investor or long term investor depending on the volatility of the market. Which ever one they choose, it's their choice of investment strategy that yields profit for them

I do agree.

But hodling your Bitcoin and other cryptocurrencies is sure safer than risking it in Trading. Well, that's because most of the people I think are just saving their altcoins and bitcoins waiting for the bull run since they don't know how to trade. Will you blame them? of course no. We, cryptocurrency enthusiast goal is to earn money on our portfolio, there's no rush, also either way we make our own choices in life.
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September 13, 2020, 04:21:04 PM
 #191

Unfortunately, there are so many people who just show up on the good days of Bitcoin and disappear on the bad ones. There is still a big ignorance about Bitcoin. There is a belief among this kind of people like Bitcoin is nothing more than an investment tool. But the realities show the opposite. People should be taught about Bitcoin correctly. Otherwise, we will always come across people like this.

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September 14, 2020, 10:33:07 PM
Last edit: September 15, 2020, 09:04:12 PM by Anyobsss
 #192

Unfortunately, there are so many people who just show up on the good days of Bitcoin and disappear on the bad ones. There is still a big ignorance about Bitcoin. There is a belief among this kind of people like Bitcoin is nothing more than an investment tool. But the realities show the opposite. People should be taught about Bitcoin correctly. Otherwise, we will always come across people like this.
Well, they really have no idea on what and how bitcoin works, they just bought because of they thought they could earn easy money with it. This was what happened in the year 2017 when bitcoin skyrocketed to 20K USD mark. Many people rode the wave and bought at 18~20k and then the price plummet to 6k. They were locked up and can't sell it because they will be negative profit. Since then they have hated bitcoin because they are ignorant and didn't really tried to understand it.

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September 15, 2020, 01:59:59 AM
 #193

Unfortunately, there are so many people who just show up on the good days of Bitcoin and disappear on the bad ones. There is still a big ignorance about Bitcoin. There is a belief among this kind of people like Bitcoin is nothing more than an investment tool. But the realities show the opposite. People should be taught about Bitcoin correctly. Otherwise, we will always come across people like this.
Well, they really have no idea on what and how bitcoin works, they just bought because of they thought they could earn easy money with it. This was what happened in the year 2017 when bitcoin skyrocketed to 20K USD mark. Many people rode the wave and bought at 18~20k and then the price plummet to 6k. They were lock up and can't sell it because they will be negative profit. Since then they have hated bitcoin because they are ignorant and didn't really tried to understand it.
Looks easy to earn money with bitcoin as trading or investing but you must have knowledge when have to buy or sell bitcoin, when some hearing with bitcoin look very easy to get much profit but they don't care how many people lost much money after investing and trading with bitcoin or altcoin, some time many people looks terrible keep investing when some coin have reach maximum higher price without take care risk maybe bitcoin and altcoin will got dump, just thinking bitcoin keep going on to the higher price.
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October 16, 2020, 06:16:32 PM
 #194

So what? You are saying the same things that you have been saying for 3 years after the last rally. Obviously, most of the people who came during the rally were looking for a profit.
 The profit ran out - they left. This is normal. There is no point in listening to what they have to say, because they have no goal of figuring out how it works; their goal was profit.
And what do you mean by "going to the moon"? In your opinion, the main goal of bitcoin is to grow in price? Then you are the same clown you are talking about.

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October 16, 2020, 06:30:12 PM
 #195

And what do you mean by "going to the moon"? In your opinion, the main goal of bitcoin is to grow in price? Then you are the same clown you are talking about.

That is not what I think the founders wanted it to achieve. However, we cannot deny the fact that the popularity bitcoin and other coins received is mainly because of the manifold increase in price only. A lot of people started investing seeing the returns or price growth only.

However, after the recent dips , one can say that it does need a lot of patience to remain profitable with bitcoin investment.
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October 17, 2020, 08:01:31 AM
 #196

That's exactly what people who don't understand market cycles are doing. They but high and sell low instead of doing of the opposite . Bitcoin will go down so will every other stock but hold it and you will be rewarded.

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October 20, 2020, 11:45:23 AM
 #197

For some people who does not have any knowledge with holdings or investment, I'm sure that some of them have a little amount of patience especially when they got the false information such as investing will make you earn an easy money, your money will be doubled, etc. But ofcourse before engaging yourself with cryptocurrency, you must strengthen your foundation with it. Don't take the risk if your knowledge with crypto is not enough because you will only lose your money and it is same with patience, if you're not better at waiting, maybe you are not yet ready for this.
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October 20, 2020, 12:04:56 PM
 #198

Just because you are always patient to hodl your crypto assets, you expect others to do the same. Majority of us here have different agenda and targets about crypto. In crypto you can neither be a short term investor or long term investor depending on the volatility of the market. Which ever one they choose, it's their choice of investment strategy that yields profit for them

It does not mean that having a patience of a hodler may lead him/her to a more generated income where each and everyone of us were dreamt off. Sometimes more income can be gained through a day trading but the drawback of it was a high risk that each every trader may take. We always have this saying here in forum that "patience is a virtue" but we do have our own techniques and strategy on how we trade well. At the end of the day its our self decision, and our own strategy will matters most.

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October 20, 2020, 02:05:22 PM
 #199

That's exactly what people who don't understand market cycles are doing. They buy high and sell low instead of doing of the opposite . Bitcoin will go down so will every other stock but hold it and you will be rewarded.

It's because of lacking of proper knowledge/strategy about that coin/token or they don't do any price analysis and take part as others buy that etc... But it's more matter how you play with crypto space, not played by crypto space. ALso, it's true to be rewarded by having some patient to hodl bitcoin.  Cheesy

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October 20, 2020, 02:23:31 PM
 #200

That's exactly what people who don't understand market cycles are doing. They buy high and sell low instead of doing of the opposite . Bitcoin will go down so will every other stock but hold it and you will be rewarded.

It's because of lacking of proper knowledge/strategy about that coin/token or they don't do any price analysis and take part as others buy that etc... But it's more matter how you play with crypto space, not played by crypto space. ALso, it's true to be rewarded by having some patient to hodl bitcoin.  Cheesy

Hodling of bitcoin truely is for the patient people. Bitcoin was very cheap early this year at below $5,000 but now above $10,000. This is a good investment for few months to double an investment. Hodling this year for deep buyers have been gainful. As an investor, you aim for low entry to sell at high for profit.
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