Patience is the Key

[aryana42]

I tried to buy alt coins for the long term. I try to be patient until the profit target is reached. I always remembered CZ's word "If you can't hold, you won't be rich". This is really hard for me, because it's my first time buying alt coins and holding it.

What Shizu said was true, because I also proved it before the words were posted by CZ on her twitter, I got some very satisfying benefits from Cardano, Doge, and Tron, well why can it be satisfying, because in two years ago the three Altcoins were still very cheap.

[harizen]

Good for you then.

But it's not about being patience after all. What if those coins you hold still struggles for 10 years? Patience is being wasted on that case.

It's about proper choosing and right execution alongside patience. That's what you achieved here so congrats.

[CutePanda]

you really did a great job for holding your coins for 4-5 years,
i also have a same experience like you, but i only hold them like 2 years, and i earn quite a lot of money from it.
so yeah, the thing about cryptocurrencies, you really really have to wait and be patient until the right time, to earn as many profit as you can.

[X-ray]

I tried to buy alt coins for the long term. I try to be patient until the profit target is reached. I always remembered CZ's word "If you can't hold, you won't be rich". This is really hard for me, because it's my first time buying alt coins and holding it.

Dude, CZ's said is only applicable for the legit coin that has active development and good result. There are numerous factors that are also affecting the result from your holding just like your position, rate when enter the market, development, marketing and so many things.
I personally will try to buy altcoin and hodl it based on the situation that is happening in the market and when i got profit and i will leave from the market to search another potential project to use it as my new investment.
I guess cz's said is also related to the binance coin.

[yazher]

You are one of the people who actually wait too long to get your money a hundredfold from your investment now you earn both money and respect. Some people from your era might already give up just a few months ago after they want to try a long investment which they think won't work. But you proved them wrong and here you are telling your stories to us and you've just proved that patience and perseverance really pay off if you are really sincere about your goals. The thing is, there are lots of people who think this kind of strategy doesn't really work because of the volatility of the price but as I said you need to have a goal first before running into some action.

[MAAManda]

I Has Been Wins Against the Market
I've succeeded to sell my cryptocurrency at a big profit
I'm hold 4-5 years, now only have NXT, XRP


Important lessons that can be taken:
Patience is the Key


https://bitcointalk.org/index.php?topic=5099918.msg49331794#msg49331794

THANK YOU,

Congrats for your achievment, But i think you can sell the NXT now, the jelurida team has lost the trust of its users.

And also, You have to continue to monitor the continuation of the XRP case to avoid selling late when there is bad news.

[Coinsfera]

I Has Been Wins Against the Market
I've succeeded to sell my cryptocurrency at a big profit
I'm hold 4-5 years, now only have NXT, XRP
Important lessons that can be taken:
Patience is the Key

https://bitcointalk.org/index.php?topic=5099918.msg49331794#msg49331794
THANK YOU,

Emotional patience is the key, does not matter whether you are in crypto or other markets. Cryptocurrencies have many dips along to the top. If you sell in a small dip then you do not get used to those dips. You should invest in cryptocurrencies which you believe that will worth a lot in the future. Not in pump and dump scenarios. If you invest in once to those pnds then you get suspicious of every crypto that may be the pnd. Find yourself a really good futuristic crypto and invest in it.

[vintages]

Good for you, OP, happy to hear that.
In the world of cryptocurrency and even any investment, it's not always to exercise patience. There is always the fear you are making a stupid mistake, especially when the market is dumping.
Though I feel you could have hodl onto more, there is more to gain in the future. But it's your decision  to make though.

[Stanlo]

Patience, greed, these are just tools that must be used right to get a positive outcome, patience can put you in bad position too, for example having patience on a coin and later the team and developers decide to drop the project or stop following the roadmap, you can be greed on a project and earn x200 of your investment amount back, crypto is 💯 unpredictable so take profits

[Reid]

Yeah, that's true.
But if you are watching the movement of the market every day, it's difficult to have patience.
Hell, emotions will devour you to panic or regret it later.
Maybe, I should've just buried my altcoins and let it be for another 10 years. 

[YOSHIE]

Important lessons that can be taken:
Patience is the Key

You win....!

Not everyone is like you, many are careless in trading and investing, I admit that my patience is very limited, I always make decisions rashly in trading.

Your, remember me in this case, maybe in the future I will try to be more patient in investing in the crypto world.

Good points you have in investing.

[CuriousGeorge]

Patience is not key; taking profits is;

The emotion is also playing an important thing in holding your portfolios dude. Imagine when he was impatient and he might have sold all of his coin too early. That's why some people were saying when you can hodl your coin and could be a winner but this doesn't mean you will be automatically be a winner.
When your portfolis already gave you a lot of profit and then it's up to you whether you wanna release your porto to the market or not.

[Mulann2]

I Has Been Wins Against the Market
I've succeeded to sell my cryptocurrency at a big profit
I'm hold 4-5 years, now only have NXT, XRP


Important lessons that can be taken:
Patience is the Key


https://bitcointalk.org/index.php?topic=5099918.msg49331794#msg49331794

THANK YOU,

I hear you and congratulations on your profits but i do want to suggest though that even when we say patience is Key, that don't work for all crypto investment or projects because you need to know if the project you are investing in is something that can be held for long as in, Is this project established? have they proven themself in the crypto space? I will only hodl such kind of projects that I don't only strongly believe is worth the HODL but is reputable/made their mark in the crypto ecosystem.

[LastKiss]

I Has Been Wins Against the Market
I've succeeded to sell my cryptocurrency at a big profit
I'm hold 4-5 years, now only have NXT, XRP


Important lessons that can be taken:
Patience is the Key


https://bitcointalk.org/index.php?topic=5099918.msg49331794#msg49331794

THANK YOU,

It's great if you have good patience to hold your coins for years, to those who always buy on low and wait for years until new ATH reach will surely wins. Holding that much I'm believe it's hard if there's some emergency case so like or not we should use our investment to solve that case.

[vicko27]

Hold altcoins on long time, taking a lot of patience and emotional intelligence. Psychological pressure was very hardship to control during the market dip and dip due to the pandemic. But I still believe there will be the light at the end of the tunnel.

[kzel2226]

patience is the key  iwill hold hold it for long time idont like to sell it ill lost 50 percent ithink btc will bounce soon and the alts too. ithink still bulish the market so hoolllldddd .. Goodluck guys

[Noctis Connor]

Holding altcoins requires a lot of patience because when you lose your emotions it can affect your hold altcoins and you think it will sell immediately you do not have to worry if your hold hold has potential and longterm because when it has potential and you are brave you will not think and make a while so that you have a big loss profit the decision is early when you will sell and it is also better that if you make a big profit you can first release you hold altcoins and sell them.

Or maybe he just forgot that he has some coins and he just thought to just open it and he see's that he just made a good profit from 2 years investment and it's all worth it just like me i just forgot that i have ethereum from one exchange website and i just opened a mail that i need to sign in my account well somehow if you really into investment and you have that lots of patience that you can really hold your coin with seeing them everything and it increases or decreases everyday you will have attempt to sell them once you made up some profit but you really did well from holding for that long.

[serjent05]

I Has Been Wins Against the Market
I've succeeded to sell my cryptocurrency at a big profit
I'm hold 4-5 years, now only have NXT, XRP


Important lessons that can be taken:
Patience is the Key


https://bitcointalk.org/index.php?topic=5099918.msg49331794#msg49331794

THANK YOU,

Patience is not key; taking profits is; The blockchain does not care if you are patient or have emotions; its a buy and sell thing; the important lessons you ignored where the mistakes you made that had you wait 4-5 years to take profit; You should not repeat that no more. Xrp has traded as high as 0.55$, did you take profit? or you are waiting for 1$? If you don;t take profit in crypto currency under the disguise of patience; profits will be taken from you

  Taking profit is the end product of having patience.  I don't know what you are trying to portray here but I found your reply a bit non-sense trying to oppose OP's proven fact that his key in taking profit is patience.  OP had learned his lesson when he missed the bull run of 2017 but persevere and take patience than selling his holdings at a loss.  Thus, if he lacks patience then he wouldn't take profit in this current bull run.

[isaac_clarke22]

This thread is somehow familiar with the thread I stumbled upon in Trading Discussion, hm?
I suppose it is different OP, but to reiterate my thoughts on this.
Patience is the key but it isn't the only key.
You need your time management as well in trading, like in my day trading experience it was rough because I was into selling actually and earning cause people think that day trading is an easy profit since you're actively trading like buying and selling constantly within the day.

[Princeofpoetry]

Yeah. Patience is the most important thing key in investing. No wonder those who patiently wait for years to get a lot of profitable. sometimes need waiting bullish times, this is the sweet moment of patience