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Author Topic: Patience isn't everything  (Read 1220 times)
Synerggy (OP)
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February 24, 2021, 02:38:44 PM
 #1

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

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February 24, 2021, 02:43:49 PM
 #2

I think what other people say to be patient is not wrong. it's just that you are not careful in reacting to it. So what you need to do is be patient in the proper fields, they just say in general contexts, so you have to take them personally and adapt them accordingly. It is true that overall the meaning of patience will not produce results, but if you think more realistically that many people are patient with holding their crypto, get good results. back again to what crypto you hold. because the decisions you make, not they decide.

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February 24, 2021, 02:59:21 PM
 #3

Having patience is a good advice but what they failed to warn you about it locking your coins away and doing other things without proper monitoring, I'm guessing most of the coins you hold are new altcoins in their time, so the thing is new altcoins most especially must be monitored from time to time, if you notice lack of development or failure to follow roadmap then you can sell the token for another one, crypto projects need patience and monitoring at the same time

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February 24, 2021, 03:05:25 PM
 #4

its true that some project will never rise again no matter how much patience you are with them. but the fact is that it depends on the type of projects you are holding. some projects might have difficult times and they will never recover but some will recover and do well. its a mix of it and still we have to keep improving in our patience by trying our very best to seed out good potential projects to hold.
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February 24, 2021, 03:11:20 PM
 #5

...
one thing is for sure, when you hodl a coin then you have to be prepared for 50% loss or 50% profit...
I am currently on the HODL AME that I bought when the price was cheap and do you know that I have currently made 10x profit from my capital. hodl is not always harmful and not always profitable. the point is to believe in yourself only.



BIG WINNER!
[15.00000000 BTC]


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February 24, 2021, 03:12:39 PM
 #6

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

I think you may have miss something when holding though, is that you should hold coins at least in the top 10 or 20 and not those shitcoins. Maybe I know which coins you hold though? Because if you hold Ehtereum for example, it's lowest is around $70-$80k and now it surpasses and established a new all time high of around $2000, you have profited already.

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February 24, 2021, 03:17:21 PM
 #7

Misleading, I would never give a hope to a newbie telling him or her that one day they will make millions by holding altcoins, this is a gamble and it's only fitting for those who are ready to lose, there is no certainty that the coin will survive long, also it's wrong not to take profits when a altcoin is pumping hard, that opportunity might never return again

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February 24, 2021, 03:19:17 PM
 #8

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
That is because you choose to hold altcoins that have no market potentials and it was been abandoned by the developers on the day you bought it. But if you choose BTC, ETH, and the leading coins in the market, you will not be in regret holding for years. And to say "Holding" doesn't mean that we need to hold it for the whole life, of course, we need to check its market growth if it is growing or not, otherwise, we have to sell it and move to another coin.

Well for me. I don't have that kind of attitude, I'd never followed about holding, it is just sometimes I need to hold during the bearish season but most likely, I sell my crypto when I saw profit already.

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February 24, 2021, 03:20:46 PM
 #9

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Yeah, patience don't always work in every circumstance,  there are some project that need to be patient with while others needs disposing as soon as possible because any delay in selling off your bags will cost you your investment,  
It is very important to be able to analyse the situation and nature of the project and determine what is best approach towards it.

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February 24, 2021, 03:21:19 PM
 #10

It depends on a project or a coin because, to be honest, I also experienced waiting but gaining nothing with old projects before. As long as you're holding a potential coin, being patient is actually a good choice. Patience won't be wrong as long as we have chosen the right coins. However, that's part of our crypto journey. It isn't always successful n the beginning but at least, you've learned from it.
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February 24, 2021, 03:25:21 PM
 #11

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
Patience is only working for the legit coins but when you are holding new or shitcoins and you should be careful with it dude. That means if your coin can dead anytime. You should remember this if you are not holding legit coins or major coins and you should never use it as your long term investment.
I think that you are missing these words in the past.

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February 24, 2021, 03:56:22 PM
 #12

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

While this is true for experienced traders, I wouldn't recommend it to newbies. You said it yourself that you first started out by just holding. Even if you lost money in some coins, looking at ETH or Doge there is a lot of money being made. We never know when a coin could rally again.
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February 24, 2021, 03:58:12 PM
 #13

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Agreed
Patience is a virtue they say, I guess if your religious and your believe that kind of thing (to each his own  Grin).  They also say that ignorance is bliss, but we know it's way too broad of a statement to actually be considered true, because ignorance can also kill. One saying I know for sure is this, patience may or may not be a virtue, but opportunity is swift, very swift, so if you don't catch it early, you'll get left too late behind.
The early bird usually catches his worm  Grin

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February 24, 2021, 04:03:18 PM
 #14

I think it depends on market analysis and the project you invest in. lest you choose the wrong asset. especially if you have assets from participating in the bounty campaign. hold it for a long time and keep hoping the price will increase it will be very long. even as you say many are dead. but if you mean a project that has been on the market for a long time. I think if you came last year and you were just patient enough until this year and you have got the results.
to be honest for assets that are in the top market I only rely on my luck and patience.









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February 24, 2021, 04:38:19 PM
 #15

dead coins

Which implies that you are mostly holding shitcoins that are new or have very low market value on the day you bought them. Don't do that. You only have a slim chance of actually getting a decent diamond from a pile of those shitcoins. Actually, don't listen to your friends. Make your own judgement from now on and do your own proper research. Patience is still the key to this. Look at Bitcoin and all the other old coins.
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February 24, 2021, 04:41:25 PM
 #16

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
What? They are talking about bitcoin and ethereum like few altcoins which never meant that you should hold a shit coin when it is in red, those coins will simply goes to zero at the bear trend and it will never recover from there. Only very few altcoins managed to survive while 100s of them left with no value at the end of every cycle.









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February 24, 2021, 04:41:32 PM
 #17

only hodl BTC  Cool
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February 24, 2021, 04:49:24 PM
 #18

It's simple arithmetic, don't hold new altcoins for long, they can fetch you good amount of money but sooner or later they will become shit coins, if you want to hold for a very long time hold the best coins, BTC, LTC, NEO, ETH, XMR

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February 24, 2021, 05:06:32 PM
 #19

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
That's why you just hodl BTC.
Patience part isn't technically about hodling your shitcoins in your hand, but rather than either trading them or selling them at their highest point contributing to dumps.
Almost every new altcoins aren't worth holding anymore because many would just dump it and there's nothing you could do about people that just wanted quick $$$.
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February 24, 2021, 05:19:31 PM
 #20

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

The main issue is that you might have hodl the wrong coins and took advice from the wrong people. Sometimes, the people who make you purchase some shit coins, might be their promoter or those who are looking for investors to dump on. I put completely faith in Bitcoin and I was not disappointed. For altcoins, purchase and invest only in few best ones.
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February 24, 2021, 05:27:01 PM
 #21

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

if you want to make a good profit in crypto investment, not only patience but we need a good knowledge too
thats mean not only patience but we need to learn about how to choose a good altcoins to invest before buying then hodling


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February 24, 2021, 05:29:46 PM
 #22

the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

DYOR is the main thing before taking a decision of hodling as every cryto projects won't give anyone good results. Like what OP said, sometimes anyone might get nothing instead of having more patience and this is for shit projects which don't have any type of fundamental use-case or realtime products. For an example, i was hodling a token which was active back in 2018-19 and now that's more than a shit one. Also, i'm still hodling another token from 2020 which has real products and now it's on almost 10x from the previous bottom which is great for me. TBH, DYOR is everything after all.

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February 24, 2021, 07:29:46 PM
 #23

Patience is everything but you have to take the perfect decision at perfect time and choose the right coin. I don't think anyone has been disappointed by investing in Bitcoin. You have to know most of the altcoin shitcoin has no power for growing they are totally relay on Bitcoin's price. Most of the new trader initially start their trading with altcoin and initially the earn more money but at the end they are getting victim of shitcoin dump.

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February 24, 2021, 08:51:30 PM
 #24

From my little  experience,  it's  always important  to do a little research on the coins that we hodl for the long term. Such is life, in everything  situation, there are always exceptions. Sometimes  we don't  get lucky with the coins that we buy and hodl on the long term. Generally,  patience  is good when you buy into a good coin. Never give up or sell your crypto  assets so easy.

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February 24, 2021, 08:56:10 PM
 #25

don't be too patient if the coins we hold don't know what their purpose is or do not have good prospects for the future it would be a waste of time, I still have a lot of hold coin that I got from  bounty There are so many that have no price and when it has a price the prices have dropped considerably and are very cheap need accurate research if you want to hold a coin that we have

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February 24, 2021, 09:35:25 PM
 #26

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

indeed, patience is not everything, but patience is an important part if we want to success in crypto investment my friend
because if we want to buy an altcoins in a good buy zone, we need patience right ?

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February 24, 2021, 09:36:19 PM
 #27

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Definitely, I agree, even though patience plays a big part, enough knowledge and the right timing on cashing out should be included if ever one needs to take profit from his trades.  And btw, also it is best to avoid greed as the reason for being patience.

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February 24, 2021, 10:26:16 PM
 #28

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

indeed, because we need knowledge and dicipline too if we want to be a successful investors
so, not only patience, but we need patience too, thats the fact

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February 24, 2021, 10:46:19 PM
 #29

Sorry to hear that, first of all you need to have any decision based on your will so you wont regret it so much.
Secondly, the patience that you need is if the project you follow have any development but the price didnt follow it, so you need to be patience for it.
Last, reset your strategy and pick another crypto, maybe you're not too late to take another crypto profit.

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February 24, 2021, 10:50:23 PM
 #30

You will always be the losers when you are holding a scam coin for the long term. It's clearly said that it doesn't matter how short or long you are holding your investment as long as that was from the top coin and that would be very profitable. That's the problem. When you can find the gem that worth to be used as long term holders and you will be fine.
The problem is what kind of coin that you have been holding for long term.

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February 24, 2021, 10:50:57 PM
 #31

It is true that investing in cryptocurrency is not enough with patience. Because it takes good knowledge and analytical skills too, because if you only
rely on patience, you will end up holding the wrong coins. If we have good knowledge and can also analyze the market well. Of course we will invest
in coins that do have good potential, not investing in shitcoins that could end up being deadcoins.

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February 24, 2021, 10:51:18 PM
 #32

Sorry to hear that, first of all you need to have any decision based on your will so you wont regret it so much.
Secondly, the patience that you need is if the project you follow have any development but the price didnt follow it, so you need to be patience for it.
Last, reset your strategy and pick another crypto, maybe you're not too late to take another crypto profit.

Not all coins are really worth holding long term. But maybe, if the OP held btc , maybe he is happy today. I learned my lesson also with tokens and other coins, if your instinct is saying that it will not last long, sell it while you can. Because once they go down and the devs abandoned it, there's no way that it will go up again. Same with so many tokens. Most of them have short lifespan because the devs have no intentions of attaining their objectives. A lot of them are pump and dump projects. dd
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February 24, 2021, 10:52:28 PM
 #33

I understand what you feel, you are expecting something upon holding for many years but in the end, you've got nothing, really disappointing. That is a waste of time and that I usually not encourage people to hold for many years if you are not having those on the most potential coin like BTC and ETH.

Because if you are investing in new projects, you can't expect to have productive results even you hold for 10 years especially when it has no active market support to build market demand. You better know first the potentiality of the coin that you are holding otherwise, you end up nothing.

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February 24, 2021, 10:52:38 PM
 #34

First of all, you need to know the potential coin itself. If you just collecting many coins that doesn't have a potential it will be worthless, your patience and your effort will not be paid and it will make you angry.

You have to know some strategy and an understanding how to find a potential coin. So as you will not hold the worthless coin and even you will join a spam bounty campaign, yeah I'll bet you have a lot of dead coin from bounty project, right?

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February 24, 2021, 11:46:07 PM
 #35

Surely, patience is just one of the important things to have by a crypto holder. But it doesn't mean a crypto holder only needs the patience to succeed in crypto investment. There many other things to have if a crypto holder wants to be successful in his crypto investment. Be smart and careful are two things that also have big roles in crypto investment. Be smart and careful to choose the best crypto coins for investment are two things that can be crucial as well. if we choose the wrong coins, then we will have a bad result in the end.

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February 24, 2021, 11:55:31 PM
 #36

Holding a coin for a long time will not always be profitable nor will it always be detrimental. That will happen if it is on which coin we hold.
If holding for long is to be profitable of course one has to be on the right coin being held. If you hold shit coins for a long time, of course
you will lose a large part of your capital. For this reason, the preparation before determining the investment must be mature and precise.

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February 24, 2021, 11:59:47 PM
 #37

The current situation makes me feel like patience is everything. You could trade and make money but you still need to keep a portion of your investment to sell at a later price. And the price points should start from realistic and never end even in unrealistic situation. I never thought bitcoin could reach to 58K in 2021 and sold all of mine at a lot cheaper.


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February 25, 2021, 07:16:50 AM
 #38

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Yes patience is not always the optimal way to achieve what we want in life. If you want to hold your coins in your wallet make sure you're done of rigorous studying about the possible future of that coins because not all project has good future, some of them has not good end.

In my own opinion holding  is the term suited only for primary digital currency like ETH, BTC.

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February 25, 2021, 08:30:09 AM
 #39

It's simple arithmetic, don't hold new altcoins for long, they can fetch you good amount of money but sooner or later they will become shit coins, if you want to hold for a very long time hold the best coins, BTC, LTC, NEO, ETH, XMR
True, coins and tokens that have the potential as you mentioned are always suitable to be held in the long term, but for new tokens it will obviously not be suitable because the potential for development is not so great which can cause sudden death.
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February 25, 2021, 11:57:41 AM
 #40

Sorry to hear that, first of all you need to have any decision based on your will so you wont regret it so much.
Secondly, the patience that you need is if the project you follow have any development but the price didnt follow it, so you need to be patience for it.
Last, reset your strategy and pick another crypto, maybe you're not too late to take another crypto profit.
Because once they go down and the devs abandoned it, there's no way that it will go up again.

Doge have no devs anymore and yet its rising star at this time, sometimes community over development dude. So, sometimes this crypto movement make many people have some headache  Cheesy
Any hesitate move will didnt makes any good otherwise your good move need more faith on it.

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February 25, 2021, 12:02:58 PM
 #41

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

It always depends on what you are trying to achieve with your crypto investment. If you want to have a chance to make 500$ into 50.000 $ without much effort, then the best thing would be to invest your 500$ into 1 or more solid crypto projects and then just wait. In this case you really need patience to not cash out to early or sell off once the prices are dropping.
If you want to make the absolut maximum out of your initial 500$ investment then you need to be a very active trader, buy the rumor sell the news, listen to trends, be active on twitter and telegram to be informed and so on. That's much more effort but also has the potential of making way more money compared to simple hodling. It also creates more opportunity for wrong decisions though.  Smiley
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February 25, 2021, 12:10:38 PM
 #42

You can't do much just with patience, or just with big capital...you need some set! And most important is to learn when to use a specific skill... there's time to be patient and quiet, there's a time when you need to play it aggressively... being smart is knowing how to act in the best way in the specific market conditions!
In the end, I believe in exceptions! Exceptions are everywhere around, and in dealing with crypto! You can try to find your own way and to be good in whatever you do!

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February 25, 2021, 12:49:19 PM
 #43

patience still a key but of course you just fooled yourself if u don't really know about what u hold it. did you ever try to get in touch on their social media maybe, or even their telegram group about how its going. basically even for exit scam project u must see something strange on their telegram group.
For me definity about patience with also hear about how project going on then u will know how the time will paying you for your patience.

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February 25, 2021, 12:59:26 PM
 #44

Sorry to hear that, first of all you need to have any decision based on your will so you wont regret it so much.
Secondly, the patience that you need is if the project you follow have any development but the price didnt follow it, so you need to be patience for it.
Last, reset your strategy and pick another crypto, maybe you're not too late to take another crypto profit.
Because once they go down and the devs abandoned it, there's no way that it will go up again.
Doge have no devs anymore and yet its rising star at this time, sometimes community over development dude. So, sometimes this crypto movement make many people have some headache  Cheesy
Any hesitate move will didnt makes any good otherwise your good move need more faith on it.
But many people have some profit because of that Grin

The last tweet from Elon for Dogecoin has not moved the coin like before, and it seems the price is going down following the bitcoin price. At this moment, patience will be needed and still watching the market moves so we do not be late to decide if the market moves differently. But I am sure behind of patience, there is a big reward waiting for us.

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February 25, 2021, 01:09:24 PM
 #45

HODL,I think this only makes sense for bitcoin and major altcoins.If you had received and hold bnb last year, you could earn good money right now or ethereum.But if you do this with shit coins the result may be disappointing

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February 25, 2021, 01:20:40 PM
 #46

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Not for altcoins unfortunately (except the strong contenders like Litecoin, Monero, Ethereum, maybe EOS and others). I made the same mistake as you, entering when I thought the dip was happening in 2017/18 but only to see them never recover again.

Altcoins are always a gamble, that's something you've to accept before dipping in. So is Defi, in case you're wondering.

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February 25, 2021, 01:32:16 PM
 #47

patience Isn't everything but sometime need patience. Sometimes patience make something good and sometimes not. 
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February 25, 2021, 01:55:30 PM
 #48

to keep holding for what . those people are wrong when they only told you to keep on hodling but they should also told you if when is the time to sell your hodlings but i think its also your fault because you solely depend on those people that told you to keep on hodling because if you taken an action and educate your self after that , you could have know when you should sell your coins and you didnt end up with looses today but good thing you realized that patience isnt all about but actions is also important .
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February 25, 2021, 03:02:46 PM
 #49

to keep holding for what . those people are wrong when they only told you to keep on hodling but they should also told you if when is the time to sell your hodlings but i think its also your fault because you solely depend on those people that told you to keep on hodling because if you taken an action and educate your self after that , you could have know when you should sell your coins and you didnt end up with looses today but good thing you realized that patience isnt all about but actions is also important .
That's right, what you say is something that everyone who is involved in crypto should do so they don't always depend on other people because what has been said may not be what you want.

even though the most important thing is to continue to learn to be able to determine and analyze yourself and do whatever we will execute. of course with the results of what we have done before so that it becomes the best learning. if we don't have the confidence to do it ourselves then we will continue to depend on other people, obviously not good.

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February 25, 2021, 04:12:52 PM
 #50

If you put all of your money in an overhyped or shit project and thinking that patience will give you benefits in long term then you have the wrong mindset. If I had patience with my BTC holding from 2017 then I already made more than 25X by this time. So patience is everything but you need to choose the right project for that.
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February 25, 2021, 06:32:48 PM
 #51

Actually patience good about way for all top currency. You can feel like BTC and ETH price now because very long time later there going to up. Recently i have been sold ame token price of $0.05 but now price move forward $0.14. otherwise you should analysis more before holding a coin then you can gonna more patience.
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February 25, 2021, 06:52:43 PM
 #52

Sometimes you need to find a line between when you need to sell a token on time at a good price, I agree with the author, patience does not always bring the desired result, so in any suitable situation, you need to sell your asset.
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February 25, 2021, 08:31:43 PM
 #53

It is wrong if you say patient is not key, patient is a key but you need to doit in the right places and the right time, if you buy a coin then you need to do some research before you buy it and Hodl it with patient untill the coin going to the moon.

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February 25, 2021, 08:36:35 PM
 #54

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
I hate seeing my holdings of coins going completely off but such projects are often seen im crypto market because of no real regulation and no control over project and people behind them, it is the end user that has to face the risk so it is always better to cashout partially whenever we can.

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February 25, 2021, 09:20:22 PM
 #55

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Of course patience is not always good, sometimes it works not for us but against us. Such strategy works only with trustworthy coins and there is always a high risk to lose even in this case. If I was patient in 2018 as for lots of altcoins that wrre on the wallet I would lost everything those year.
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February 26, 2021, 02:02:44 AM
 #56

it all depends on the project and sometimes the patience that we do will lead us to destruction because the coin is dead and can't rise. holding only for coins that already have a large volume (not for new projects)
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February 26, 2021, 03:47:23 AM
 #57

If you're so patient about holding but your coin doesn't have any potential then it's the same as throwing it in garbage can, what people means with bag holding is when you already know very well the technicality of the projects you want to hold and not just holding any coin that exist without taking a look into their roadmap, implementation, etc. I mean, Isn't that a common sense?

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February 26, 2021, 04:45:33 AM
 #58

If you're so patient about holding but your coin doesn't have any potential then it's the same as throwing it in garbage can, what people means with bag holding is when you already know very well the technicality of the projects you want to hold and not just holding any coin that exist without taking a look into their roadmap, implementation, etc. I mean, Isn't that a common sense?

That's agreeable! Why bother to take part with project that you are unsure?

Patience is very applicable for solid projects that have strong foundation. Stable projects who keep improving their services. With this type of project, your investment can have a brighter future ahead. Taking time and keep enhancing your knowledge behind the project that you are supporting, it can save you a lot of time and effort, and eventually, it can bring fortune once the team starts harvesting the fruit of their hard work.
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February 26, 2021, 05:07:22 AM
 #59

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing


If you speak as a bounty hunter, patience is necessary. because not all of the projects that we follow are successful. but if you talk as an investor, patience is not the main thing ... but looking for information about the coins we need to buy and have value in future is the main thing.

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February 26, 2021, 05:24:38 AM
 #60

of course patience is not everything in this. however, patience is also an important key to the benefits that can be obtained in the future. however, patience without knowledge or knowledge, then you may find profound futility. it means like you are waiting for a train that never comes, so before waiting you need to find information about the train whether the train is coming or not. we need to make smart moves on this.

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February 26, 2021, 06:29:41 AM
 #61

Patience is not for Alts, especially shit coins (projects that are obviously inactive). Patience is only for BTC.
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February 26, 2021, 06:55:07 AM
 #62

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
If you speak as a bounty hunter, patience is necessary. because not all of the projects that we follow are successful. but if you talk as an investor, patience is not the main thing ... but looking for information about the coins we need to buy and have value in future is the main thing.
Both bounty hunter and investor will need patience in the crypto world because it is not one-night jobs that can give you huge money. You need to be patient and still do what you did and not give up if you are not making money. If you can do that, you will get benefits such as making money from selling the coins in the future. Patience will be the main thing for every people in any jobs, so they can still survive and reach their goals in the way they did.

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February 26, 2021, 06:59:59 AM
 #63

It's good to have patience but crypto is different, you have to do more than having patience especially if you are holding altcoins, you have to be on your guide and always watch the Altcoins development always, most new projects are very good at changing their roadmaps and extending things unnecessarily, that is one big sign of lack of seriousness

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February 26, 2021, 07:51:15 AM
 #64

yap thats right patient is a key or dont have to look to chart everyday we must buy and forget about it but ofcourse with good coin to choose
its already happen to me i lost chance to get the profit and sell all the coin that i have before all suddenly pump at february and im regret about it especially doge coin

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February 26, 2021, 08:43:14 AM
 #65

HODL,I think this only makes sense for bitcoin and major altcoins.If you had received and hold bnb last year, you could earn good money right now or ethereum.But if you do this with shit coins the result may be disappointing
What is a major altcoin could be something to discuss. For example at some period XRP was a huge one, and it is still in top 10 if I am not wrong, but that doesn't change the fact that bitcoin moved nearly 10x in the past year, ethereum did something similar, BNB did even bigger, while XRP did maybe 2x at best. Look at BCH, it was fourth biggest one at some point, now so low, BSV was actually a top 10 huge coin as well, now down a lot as well.

Just because some coins went up doesn't mean it is good, when others do 10x another coin going 2x is actually bad. So long story short being major altcoin is disputable, some coins are major now and may not be major later on, whereas some coins who are not major at all, could become major soon. Which is why people are not saying holding for a long time on a major coin is not the way, that is the correct way, but which ones are the major ones?

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February 26, 2021, 10:30:39 AM
 #66

Of course patience isn't everything you need to success in crypto do you expect that every investment you made would grow if you would just wait for it?
It doesn't work that way you need to know where and when to buy or sell those crypto to maximize your profit.

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February 26, 2021, 10:57:29 AM
 #67

Patience, or I would better say holding, mostly works with Bitcoin only, with Ethereum it can work sometimes. But with most altcoins, I have noticed, it does not work at all. I dont call "patience", when you hold and altcoin, and due to bitcoin price growth, altcoins price also grows up. I think it is pure luck and "bitcoin effect".

Very little projects nowadays bring something really new and innovative into cryptocurrency world. Most of projects just copy others, add few small features and that is it. Relying only on them is a risky move.

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February 26, 2021, 11:29:23 AM
 #68

If you speak as a bounty hunter, patience is necessary. because not all of the projects that we follow are successful. but if you talk as an investor, patience is not the main thing ... but looking for information about the coins we need to buy and have value in future is the main thing.
Investors also have to be patient when carrying out their investments, especially for those who spend very large amounts of capital, the point is that patience can be put in all jobs, although not everything can be prioritized, but in general patience for investors is also very necessary.
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February 26, 2021, 11:39:14 AM
 #69

Making the right moves at the right time is most important. Being patient doesn't require being stupid. It is necessary to know to stop loss and profit at the right point.
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February 26, 2021, 12:16:41 PM
 #70

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
Well, patience is not enough to gain if you chose a wrong project to invest in. If you conduct a research before you participate in a bounty or invest in a certain project then you'll get an idea if the project itself has a potential and worth to hold (the coins you bought) for long period.

Not all coins are good for long term, thus even you have lots of patience to wait it will become worthless if you're holding a coin that dont have a clear future.

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February 26, 2021, 06:36:48 PM
 #71

Patience is still a fundamental quality. Impatient people want to get everything at once, they think that success and easy money in the crypto world is a reality, but in fact, rush is the enemy, and only a few manage to make a profit in a short period of time. You won't be able to become rich quickly; you will have to go through both victories and losses.

I think that the best weapon of a trader is self-development, prudence, calmness and patience. Without it, annoying mistakes can be made that cannot be corrected later.
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February 26, 2021, 10:23:14 PM
 #72

Patience is still a fundamental quality. Impatient people want to get everything at once, they think that success and easy money in the crypto world is a reality, but in fact, rush is the enemy, and only a few manage to make a profit in a short period of time. You won't be able to become rich quickly; you will have to go through both victories and losses.

I think that the best weapon of a trader is self-development, prudence, calmness and patience. Without it, annoying mistakes can be made that cannot be corrected later.

This is so true, some had learn while I suggest everyone has to follow as it's not necessary to learn from costly mistakes if we already have a tip to follow. Investing is very risky, it should be carefully plan and the most important is you are physically and mentally ready to pulled your strategy effectively.

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February 27, 2021, 10:38:07 PM
 #73

You are very correct, patience is not always the key things when it comes to bounty. I have almost the same case,but I learnt so quick, within few months I learnt the lesson ofy life and I quickly adjust when I saw that have lots some great opportunities to make cool cash. I had to talk to my self and since then, I made a decision not  keep every coin again. I sell some immediately and keep some for days and even for weeks but my keeping can't exceed a month. I don't want any coin to turn to shit in my wallet. Had many of such coins that could have given me almost a thousand dollars but that have turned almost zero dollars now.

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February 27, 2021, 11:23:23 PM
 #74

The best advice I can give is that it is not all coins that you will hold for too long ,Only hold coins of good projects with high potentials in the market.
This is correct, not all coins to hold and we must be patient keep the coins on wallets. Some coins are much better to sell and we can buy top altcoins for long-term assets. There are many coins that only work for pump-dump only without real MVP or value to survive a long time. This kind of crypto coins must be prioritized to sell as quickly as possible since their prices are still in good shape.

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February 28, 2021, 12:53:31 AM
 #75

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
That's right, the key to bring you successfully is patience and still hodl. But, you need to hodl the coin of the project that have a good Fundamental, i mean that project have invested by you is really good, has a good purpose so that the price can go up

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February 28, 2021, 06:01:19 AM
 #76

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
It only takes one solid microcap like ALCX or 0xMR to 20x for you to become a millionaire. It's okay if 9 out of 10 fail, you only need one microcap to make it big.
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February 28, 2021, 08:47:57 AM
 #77

Of course holding is not effective if your coin is proven to be a purposeless project. You need to make a good research before putting your money in any project, a single fault can make your whole balance disappear.

There is a way to minimize the risk: Split your funds into different pocket for a variety of projects. The more projects you have, the less inaccurate your analysis will be. But always remember to make analysis first so as to indicate both auspicious and suspicious ones.

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February 28, 2021, 11:45:36 AM
 #78

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
It is true that patience is not enough, but what else do we need to know? As what you have said I can say that you want to tell the others to be wise on the crypto you are holding your money to. Don't just randomly put your money to different crypto, ask the others, search in the net about the coin. Besides patience, you need wit and tactics. It's money we are talking about after all.

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February 28, 2021, 11:58:04 AM
 #79

It's true that patience is the key to success when investing in cryptocurrency. Because how many people regret cutloss their coins when the price drops,
as a result of not being patient waiting for the price to rise. Or many people regret selling their coins too early. In conclusion, exercising patience is
one thing that must be done to succeed in the crypto world.

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February 28, 2021, 06:12:58 PM
Merited by jaberwock (1)
 #80

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
People were not wrong when they advised patience in the crypto market but I think they should have clearly told you "Bitcoin Market" because bitcoin and altcoins are two very different and separate markets where on one hand bitcoin is going to rise in the long term, altcoins will mostly die in the long run apart from big ones like ethereum.

Holding bitcoins for years has been only beneficial for all the investors but holding altcoins is the worst possible strategy because there are more than 100 coins I have bought and sold and almost 90% of them have vanished from the market in the last few years, not literally as they do exist, but no one buy them now. One such was doge until Mr. Musk decided to put some air into the dead market.
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February 28, 2021, 07:28:20 PM
 #81

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
People were not wrong when they advised patience in the crypto market but I think they should have clearly told you "Bitcoin Market" because bitcoin and altcoins are two very different and separate markets where on one hand bitcoin is going to rise in the long term, altcoins will mostly die in the long run apart from big ones like ethereum.

Holding bitcoins for years has been only beneficial for all the investors but holding altcoins is the worst possible strategy because there are more than 100 coins I have bought and sold and almost 90% of them have vanished from the market in the last few years, not literally as they do exist, but no one buy them now. One such was doge until Mr. Musk decided to put some air into the dead market.

I get the point with seperated entities, Bitcoin already have support from big institutions and with more big businesses and well known institutional investors, the trend of rising is more likely to happened again and again. It may take some corrections and may continue to work with rise and fall but eventually it will bring huge profits to anyone who can wait.

Maximizing your profits using Bitcoin as your major asset is fruitful, unlike with alts which the majorities died along the way, do your research and don't stop learning. keep your patience with you and you'll see more clearer overview of your success.

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February 28, 2021, 08:31:01 PM
 #82

Been patient doesn't mean it might turn out good. The often phrase "patient dog eat the biggest born" isn't subjective to anyone or occupation but it's a perquisites in every aspect of life. It's a need that must be included in everyday activities and part of life.
Take trading for instance, taking a long position on Ethereum when the price was around $600 requires lots of patience and does who really wait have benefits from the action but again taking a long position on the same Ether when the price was around $1800 would have been a great mistake. The trader would have thought the price may go up more but seeing how the market turns out will be so hurt right now.
In conclusion, it depends on when you used it.
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February 28, 2021, 08:51:17 PM
 #83

It's true that patience is the key to success when investing in cryptocurrency. Because how many people regret cutloss their coins when the price drops,
as a result of not being patient waiting for the price to rise. Or many people regret selling their coins too early. In conclusion, exercising patience is
one thing that must be done to succeed in the crypto world.
^ To tell you this, not all coins deserve to wait and have patience, because there are some coins that not worth it to wait and the reason is they don't have the potential to grow or something to become a dead project. If that is the top 10 cryptocurrencies and includes BTC, probably I will consider the word Patient and wait at the right time and get profit. Newly launched projects are very risky when they will hit on exchange and did not recover from those dumpers, they become a shitcoin or even dead coin that no longer value in the market.
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March 01, 2021, 01:46:08 PM
 #84

It's true that patience is the key to success when investing in cryptocurrency. Because how many people regret cutloss their coins when the price drops, as a result of not being patient waiting for the price to rise. Or many people regret selling their coins too early. In conclusion, exercising patience is one thing that must be done to succeed in the crypto world.
I had a friend like that who invested 10k when the price was 20k back in the day, and he got out when the price reached to 8k as well, so he had like 4k left in return, if he kept his money he could had over 30k in return in 3 years, and there are very few things in life that could turn 10k into 30k in that quick of a time, usually you could make 10k into maybe 15k and I don't know if you are lucky you could turn it into 20k at the very best chance and that is why it is incredibly if you could do that, but if you turn it into 10k to 30k that would be awesome.

But at the same time, we are in a situation where it is dropping so I do understand what people are going through as well, I know that people are losing money but if he kept his money instead of having 4k he would have 20k even right now and that is 16k+ more money, that is a great example of what is going on.

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March 01, 2021, 02:04:54 PM
 #85

Patience brings success in some cases but also failure in others. Many people have made a lot of profit during the current bull run. But it was a big fact to choose the right coin and hold it. However, if you hold the token, many tokens later become dead. I think that's what happened to you.
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March 01, 2021, 02:26:57 PM
Last edit: March 01, 2021, 06:50:52 PM by rat03gopoh
 #86

Patience in trading and investing is everything. You first understood that the risks were delayed luck and really lost.

When there is a correction or prolonged bearsh market, patience is required to hold your coins. Of course this only applies if you are holding the main altcoin.
There are times when you can't sell your altcoins because the project is dead. Here you have to be patient to accept the losses and start over.

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March 01, 2021, 02:38:01 PM
 #87

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Patience wouldn't work if you aren't wise with your decisions. You shouldn't just be patient but also eager to do your own research so you'll know if a certain project is worth the wait. In crypto, patience is really important but it always depends on the coin that you have invested with. You couldn't apply patience to a non-potential coin.
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March 01, 2021, 03:08:51 PM
 #88

as investors work on customs as following use with distinct of ideal preference, more that different models are available with the forum as might investors to confirm decision to work with least on risks that more work with the confrontation of option helps with chance as winning the table on trading with the market.

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March 01, 2021, 07:14:41 PM
 #89

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
Patience, Experience and Luck is the key to success. Maybe you had Patience but Experience or Luck was not with you so you could not be successful. Almost everyone has made some profit during this bull run. If you held the top altcoin without holding the shit coin, you would also have several times the profit. I hope you can apply this lesson in the future.
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March 01, 2021, 07:20:40 PM
 #90

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
It’s just that you relied on a lottery ticket and unfortunately, you’re not a winner
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March 01, 2021, 08:26:12 PM
 #91

For investing in cryptocurrencies.  Patience is indeed very important.  I feel that the premise here is that the project you choose must have potential.  It's worth your patience.  Otherwise it won't be worth your time. Cool
If we are talking about investing, you are right investing plays an important role by investing. If you can not be enough patient you can make wrong choices and lose your money. Most people want to make quick money and lose their money. However, l think we need to be patient while choosing any project and as l said can be patient waiting for the right time. Maybe patience is not everything, but definitely much.

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March 01, 2021, 08:38:16 PM
 #92

For investing in cryptocurrencies.  Patience is indeed very important.  I feel that the premise here is that the project you choose must have potential.  It's worth your patience.  Otherwise it won't be worth your time. Cool

It is very important to wait and be patient. But also it is very important to understand the reasons of corrections and drop the price.
Here some information to read https://dailycoin.com/reasons-for-the-crypto-correction/
The more you know the better you understand the market.
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March 01, 2021, 08:41:40 PM
 #93

It seems to me that in order to succeed in cryptocurrency affairs, you need not patience, but endurance and calmness. Even if things are not going our way, you need to stay calm. Hysteria and panic can literally ruin all previously invested work. Patience is needed, of course, too, but not in order to keep the coin until it becomes "dead". The crypto market is an unusual place to trade and get rich. This is a platform for the development of new qualities of recognition of new projects that in the future will be able to work efficiently and bring big money.

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March 01, 2021, 09:06:03 PM
 #94

You invested in a project just because you listened to people ? That is a very fatal thing. On the internet there are so many scam projects, you need to do your research first before investing your money for the long term, of course, not only patience is needed here, but knowledge is also necessary.

The user is talking about the actions he made in the past. People told him to just hold his coins and since he followed, most coins are dead now.

At these types of coins or tokens, sometimes patience can't be applied. Better to sold these coins at their considered peak to avoid regrets.
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March 02, 2021, 01:25:07 AM
 #95

yeah patience isn't everything,
another thing you need is LUCK, If you're not lucky then you won't gain as much profit as people earn,
because you cannot only waiting to earn profit, you have to know when the right time to sell or to buy the coins.

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March 02, 2021, 06:12:08 AM
 #96

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
There's nothing wrong believing someone what you want to do but the only faults that I see here is you. Yes, you are in a fault for not doing some research of what coins you should have hold for a long time and what coins you should have sell in a short time. You wasted your patience on a things that doesn't have a value in the long term. I think you need to look for someone who understand enough about the cryptocurrency.
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March 02, 2021, 04:32:35 PM
 #97

Patience is the key, but before that it is necessary to research whether the coins we buy are fundamentally good or not. If the coin is good, then patience will pay off.

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March 02, 2021, 04:57:41 PM
 #98

HOLD is a dropping strategy that has a high risk if we don't know how the coin prospect we hold instead what happens is a futile effort the price of the coin is dropping it doesn't even have a price anymore but on the contrary, if we know coin it has good prospects in the future of course the choice of hold will be profitable because it can provide a lot of profit

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March 03, 2021, 12:36:22 PM
 #99

The most important thing is analysis. if you are trading just waiting without having analysis it is the same. we don't know when to buy or sell. especially if you just follow the trend. times like now of course many people are interested in investing in bitcoin or altcoin but I think they are mostly new and do not understand market analysis. a major downside or correction event will bring them to their senses later
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March 05, 2021, 04:58:48 PM
 #100

Be patient and also require analysis, because if we just wait without anything I think we will only get losses. some people I see they are wrong in altcoin hold. as you said waiting for junk altcoins. if we buy altcoins that are already trusted, of course we can get benefits. easy analysis that people often say is in the top position
Even with the most trusted alts I will suggest cashing your profits in time before you only have memories about being rich. Nothing is forever and the faster you learn it, the better decisions you make.

I have no problem with good alts but cashing them on time is better than holding them for too long because ultimately better version of current coins will be made with different names and the current ones will die.

I don't really understand what purpose coins like LTC, BCH serve because its same like BTC but faster and cheaper and for that there are already so many other coins in the market. Holding such coins might be dangerous in long run and hey I am not spreading negativity around LTC & BCH, neither I am saying they are not worth trading. Just don't hold any coin for too long.

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March 05, 2021, 05:14:03 PM
 #101

Patience has become part of trading that must be done consistently, and besides that you also have to learn everything related to trading including analysis.
Most importantly, you can analyze the right coin and when you buy at the right time and sell at a profitable price and that way must be accompanied by patience for maximum results.
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March 05, 2021, 05:41:39 PM
 #102

The facts confirm that generally the significance of persistence won't deliver results, yet on the off chance that you think all the more sensibly that numerous individuals show restraint toward holding their crypto, get great outcomes. That implies if your coin can dead whenever. You ought to recollect this on the off chance that you are not holding genuine currencies or significant mint pieces and you ought to never utilize it as your drawn out speculation.

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March 05, 2021, 07:31:33 PM
 #103

Patience is important in crypto and any other business, or investment. Its not every time that you invest in a coin that you'll see an exponential rise in its value, sometimes you have to be patient.
However, patience is important when you invest in good projects, if you invest in a bad or scam project no amount of patience can make it become a successful project

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March 05, 2021, 08:05:50 PM
 #104

Patience is important in crypto and any other business, or investment. Its not every time that you invest in a coin that you'll see an exponential rise in its value, sometimes you have to be patient.
However, patience is important when you invest in good projects, if you invest in a bad or scam project no amount of patience can make it become a successful project
You should be patient that is why patience plays really an important role in investing and trading as in our real life. You need to be patient in long-term investment because to earn a profit from some investments can take a bit long time. As you above mentioned if you invest in shit coins, l don't think that patience can help you with that. On the other hand, if you can be enough patience, from time to time you will earn knowledge, investing in any project is not everything. It is no exaggeration to say that patience and knowledge are the keys to success. You should learn to make great research about the project which you want to invest in.

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March 05, 2021, 08:13:02 PM
 #105

Each dealer has claim opinion,But the leading dealer is who learn almost tolerance. it's fair simply are not careful in responding to it. So what you wish to do is be quiet within the legitimate areas, they fair say in common settings, so you have got to require them actually and adjust them in like manner. It is genuine that by and large the meaning of persistence will not deliver comes about, but in the event that you think more reasonably that numerous individuals are quiet with holding their crypto, get great comes about. back once more holding the crypto.

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March 05, 2021, 09:15:48 PM
 #106

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
So many altcoins have died since the 2018 bullrun, but did you see any altcoins were dead during these bullrun? During bullrun we can earn profit from dead altcoins. We shouldn't hold low volume altcoins after the bullrun. Fixed your average profit before investment, then go out of it. Patience can always apply in the high volume altcoins. Very high volume altcoins are the best for a long term investment.
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March 05, 2021, 09:40:51 PM
 #107

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
So many altcoins have died since the 2018 bullrun, but did you see any altcoins were dead during these bullrun? During bullrun we can earn profit from dead altcoins. We shouldn't hold low volume altcoins after the bullrun. Fixed your average profit before investment, then go out of it. Patience can always apply in the high volume altcoins. Very high volume altcoins are the best for a long term investment.
You cant really blame out people to have those kind of perceptions when it comes to their holdings and having those hopes into those low cap coins that they've been holding.

They are thinking for those possible pumps that they might able to see into those shitcoins that they've been holding for years.You wouldn't know if this one will be pumped or not

and will bring massive gains for you but well the odds for it to happen is slim but you know that there is really the possibility that's why people do have those common impression.

R


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March 06, 2021, 11:03:21 PM
 #108

Patience is important in crypto and any other business, or investment. Its not every time that you invest in a coin that you'll see an exponential rise in its value, sometimes you have to be patient.
However, patience is important when you invest in good projects, if you invest in a bad or scam project no amount of patience can make it become a successful project
You should be patient that is why patience plays really an important role in investing and trading as in our real life. You need to be patient in long-term investment because to earn a profit from some investments can take a bit long time. As you above mentioned if you invest in shit coins, l don't think that patience can help you with that. On the other hand, if you can be enough patience, from time to time you will earn knowledge, investing in any project is not everything. It is no exaggeration to say that patience and knowledge are the keys to success. You should learn to make great research about the project which you want to invest in.
You are right. Success in crypto trading is not determined only by patience. Trader should have appropriate knowledges to understand what he is doing and how everything works and moreover he needs to be lucky, skillful, spend a lot of time examining charts and always ready to make decisions very quickly.
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March 06, 2021, 11:16:29 PM
 #109

This is not the definition of "PATIENCE" in cryptocurrency.
Patience here is about managing your emotion when deciding at the right time and also moment.
We can see how the market chart is going on and then we analyze also other fundamentals and charts. In this case, we can consider whether we need to cut loss or not, setting stop loss is also important. And patience doesn't mean that we must hold the coins forever. It is more to how we manage our coins when the price is suddenly getting market correction, and we panic at all and then sold out our coins all in.
And in crypto, never only focus on one, we must also consider another thing besides patience, they are such stop-loss, fundamental, market analysis, and others.

R


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March 10, 2021, 07:04:53 PM
 #110

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Imagine buying Ripple at $3 and someone talks to you about patience and hodl. Patience worked until now only for bitcoin and ethereum. All the rest are too far from ATH and we can expect they will dissappear completely when the bear market starts.
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March 10, 2021, 07:30:12 PM
 #111

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
It is just doesnt fit out on anything when we do talk on being patient because not all projects would succeed in long term this is why when you do tend to apply it all on your coin holdings then
expect that you would really be missing out lots of opportunities on making profit due to that very reason.

Patience isnt really everything and of course it does have con's if you do held up too much knowing that price doesnt really always go on what you wanted or expect.

Sell off once you do see the opportunity specially on a project which you do seem not worth for long term runs.
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March 10, 2021, 10:34:52 PM
 #112

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

You right. We need more than patience to profit when investing in crypto
but if you have found a project that has the potential for success, patience is the only thing you need most to get maximum profit.
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March 10, 2021, 10:52:59 PM
 #113

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

You right. We need more than patience to profit when investing in crypto
but if you have found a project that has the potential for success, patience is the only thing you need most to get maximum profit.

Long-term holding is good only for the potential projects but not for the shitcoins. I'm not sure what coins that OP had to hold but it possible, it was those coins that I've mentioned above.

I have the patience in holding but not necessarily have to do it, especially when I saw that my investment is in trouble. We need to take action immediately, selling might be a good idea rather than to keep holding even we know that it is already hopeless to see it coming back high.

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March 11, 2021, 03:01:52 AM
 #114


You are right. Success in crypto trading is not determined only by patience. Trader should have appropriate knowledges to understand what he is doing and how everything works and moreover he needs to be lucky, skillful, spend a lot of time examining charts and always ready to make decisions very quickly.


Everything are working accordingly, not just by one factor but it should have all the necessarry supporting factors in order to succeed from

this venue of investment. Even you have huge amount of patience if you don't know what to do, then it's nothing out of it.

Quote
Yes, and everything you say is part of a trader's job which should always be done in a timely manner when they start trading with dedication and hard work to understand everything, and that has never been a complaint from traders over the years, because they are able to do it are those who are very extraordinary.

A trader who's very determine to succeed with this business, always find the right system to work something out from his choosen venue of investment, it's your extra determination in seeking for the right twist the outcome mostly bring best success.

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March 11, 2021, 03:27:31 AM
 #115

Well every success needs a lot of factors to determine it. When you are missing something more trying to fix it, patience is not everything and it holds true for you what is going on.
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March 11, 2021, 05:22:24 AM
 #116

You right. We need more than patience to profit when investing in crypto
but if you have found a project that has the potential for success, patience is the only thing you need most to get maximum profit.

finding a good project requires knowledge and patience in continuous research. well, imagine if you chose the wrong coin / token, and you waited for it for a very long time, but the project did not make significant development, or even experienced a setback in development. well, that would be very painful. so, although patience is an important point in a success, it also needs other things to complete it.

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March 11, 2021, 05:31:34 AM
 #117

Well every success needs a lot of factors to determine it. When you are missing something more trying to fix it, patience is not everything and it holds true for you what is going on.
Yes, and determining success through these supporting factors is very necessary because from these factors everyone can see an opportunity for success, and patience is still needed even though it's not everything but without patience someone will not be able to find the path of success.
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March 11, 2021, 06:27:06 AM
 #118

Patience might be not everything, but it's surely important thing. Patience is not only needed when you have to wait for the right moment to buy or sell, but you need patience too to learn about cryptocurrencies further. Those masters not being an expert in just one night. I believe they dig the information deeper every day, they join some forum to learn from others, then they analize the situation with their knowledge before. Patience might bring you to the top cause you're not in hurry to decide something, each step you took will be well measured.

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March 11, 2021, 07:18:37 AM
 #119

We need to be patient at work but not all work requires patience You have to develop yourself by working hard without patience. It is worthwhile to wait patiently for investing in a currency like bitcoin it takes a lot of patience to learn about crypto nothing can be done in one day.

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March 11, 2021, 07:23:27 AM
 #120

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
It's not all but at this point I think it's important. People may be just starting to enter the market and may be mentally challenged and impatient with their coins. The scenario is repeated over and over again, and we will have to accept the reality with it, the market is still there only those who lose their patience to be eliminated by this market.

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March 11, 2021, 08:32:28 AM
 #121

It's not all but at this point I think it's important. People may be just starting to enter the market and may be mentally challenged and impatient with their coins. The scenario is repeated over and over again, and we will have to accept the reality with it, the market is still there only those who lose their patience to be eliminated by this market.
in a market situation like this, it is natural for those who want to immediately secure their profits. I think a lot of the target price has been achieved. and investors certainly don't want to miss the moment. those who have been patient for a long time holding onto their assets for a long time now is their time to party.
although not all assets can bear sweet fruit only with patience. but if they choose the right asset, those who are patient with the market and do not leave the market will benefit.



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March 11, 2021, 08:42:50 AM
 #122

We need to be patient at work but not all work requires patience You have to develop yourself by working hard without patience. It is worthwhile to wait patiently for investing in a currency like bitcoin it takes a lot of patience to learn about crypto nothing can be done in one day.
Many things can be done in one day, the problem of patience is just the last solution that must always be there in work or in all work, so this does not need to be disclosed, because everyone who works is to find results based on the goals he wants.
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March 12, 2021, 08:07:39 AM
 #123

although not all assets can bear sweet fruit only with patience. but if they choose the right asset, those who are patient with the market and do not leave the market will benefit.

When investing never lose money it is rule number 1
And patience is just a strategy to make a profit, the knowledge to choose the right asset is the main thing

Everyone can be an investor, but not everyone has the qualities needed to be an investor.
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March 14, 2021, 02:10:29 PM
 #124

In crypto patience is indispensable. Because all we can do is sell the coins that we have just by waiting for them to have a price. if the tokens that we can not develop and die there is nothing we can do. However, patience alone is not enough. To gain profit we must be diligent in seeking bounty and diligently learn to analyze the development of altcoins in the future as capital to make investments. Patience doesn't mean just shut up and wait.

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March 15, 2021, 08:59:15 PM
 #125

Doge have no devs anymore and yet its rising star at this time, sometimes community over development dude. So, sometimes this crypto movement make many people have some headache  Cheesy
Any hesitate move will didnt makes any good otherwise your good move need more faith on it.
But many people have some profit because of that Grin

The last tweet from Elon for Dogecoin has not moved the coin like before, and it seems the price is going down following the bitcoin price. At this moment, patience will be needed and still watching the market moves so we do not be late to decide if the market moves differently. But I am sure behind of patience, there is a big reward waiting for us.

Yes, the Elon tweet only pump the hype when the hype its already there. If the trend goes down, the tweet will impact almost nothing.
Sometimes patience just direct you to nothing, so dont hesitate to cut loss or take profit if you dont have any strategy or plan anymore.

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March 15, 2021, 09:07:24 PM
 #126

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

That's bad advice for HODLING, not all coins are worth HODLING for a long you shoulkd follow the development if it's a new coin and you should sell anytime you see that there are no development on going on that new coin, it is ok if it's a coin that's proven itself in the community, like Bitcoin, Ethereum and Binance coin, but if it's a new coin you should be extra careful on HODLING too long.

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March 15, 2021, 09:15:42 PM
 #127

Op, you should not have bought shit coins in old days but must have focused on this new trend. Don't regret for the past, keep faith in your present investments and hold them for longer and see their returns, I bet there will be even better results than those past old days.
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March 16, 2021, 01:02:14 AM
 #128

Op, you should not have bought shit coins in old days but must have focused on this new trend. Don't regret for the past, keep faith in your present investments and hold them for longer and see their returns, I bet there will be even better results than those past old days.

Holding those coins really needs patience and trust. As what we have see, the longer you hold the big profit you gain. The price of the market is rising which needs to be follow  in order to gain profit at the best time. Patience is highly recommended in investing such coins.


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March 16, 2021, 03:58:06 PM
 #129

with works as confronting ideas within the forum investors to finds the supports on decision as releasing option with the market, to enter within distinct of time with the chance as expending limit of funds as disposing risks on losing to gains with the confidence as managing plan on trading with the crypto market.

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March 16, 2021, 07:01:03 PM
 #130

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
IMO I don't think they were wrong, imagine you bought and held bitcoin during those times it was very cheap, by now you would be having millions of dollars in your wallet rather than another dead coin, I came across a tweet where CZ said only those who can hold will be rich and that's a fact, hold ingis good but it matters on which coin you are holding, if you keep holding a coin that doesn't have anything to offer it will die and become a shit coin over time, trying holding coins that seem to have a good future and thank me later, lol.

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March 16, 2021, 08:47:20 PM
 #131

Op, you should not have bought shit coins in old days but must have focused on this new trend. Don't regret for the past, keep faith in your present investments and hold them for longer and see their returns, I bet there will be even better results than those past old days.
We should make hard research about the project which we want to invest in. It is so necessary, there are a lot of projects and all of them are not successful. For that l think to make research is one of the best keys of success. Mostly l prefer staying away from new projects, that is why some of them can be easily shit coins in the near future. I'm ore interested to invest in top altcoins. They are absolutely the best for long-term investing, you can see the result of ETH. That is right this coin has dropped 3% nowadays, however, l believe ETH has more potential to reach 2-3k than other currencies. You can be enough patient, but as an above-mentioned patient is not everything. If you have made the wrong choice for long-term investment, no exaggeration to say that patient can not do anything for you.

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March 16, 2021, 09:58:42 PM
 #132

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

you need a knowledge and experience too, not only patience and discipline 
if you want to be success in crypto investments
regards
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March 16, 2021, 10:18:36 PM
 #133

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
You choose wrong coins so is not fault y any one else with said patient is everything in cryptocurrency and become the key to be success, you should with some coin if you want to buy how many exchange listing, which one big exchange list with your coin investing, if you buy good and potential coin is worth and hold several years later make you rich.
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March 16, 2021, 10:30:08 PM
 #134

you need a knowledge and experience too, not only patience and discipline 
if you want to be success in crypto investments
regards
The latter would be improved if paired with those two that you've mentioned.

Op, you should not have bought shit coins in old days but must have focused on this new trend. Don't regret for the past, keep faith in your present investments and hold them for longer and see their returns, I bet there will be even better results than those past old days.
Use the past to learn and be stronger and better in choices in the present times. That's right, there could be better outcome whenever OP has made himself retrieved and do choose better coins if he wants to keep on the track.

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March 16, 2021, 11:00:21 PM
 #135

Patience is just one of the virtues required to be successful in the crypto business.  I think the most important thing is to be bold, take risks, have a clear investment strategy, study hard.  to be successful requires a lot of factors and conditions from each trader and investor.  It is a series of virtues to combine.  In certain situations, greed or selfishness is also noted.  It is called "the best time of the world." Kiss

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March 16, 2021, 11:28:13 PM
 #136

Maybe what can i said "Knowledge" is everything. Patience without knowledge and experince is so useless, if you do your own research and try to find a good coins maybe ur patience will get reward especially if you just invested in big coins it will be fine to.

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March 16, 2021, 11:48:16 PM
 #137

patience is a good thing to do mate, if you say patience is futile then you are wrong,
we are in a bull market and hold is a good choice, i have been running that from last year, and i got 2000% profit for 4 months,
how about it? If you say patience is stupid, then obviously it is wrong! analysis if you want to invest, don't just invest

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March 16, 2021, 11:54:36 PM
 #138

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

patience is not bad, the only thing why it became useless it is because you made the wrong altcoins that you hold in the long term.
It was in your choice dude. But if you choose the right one to hold in the long term, I am pretty sure the applications of your patience
will be useful of course.
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March 18, 2021, 01:11:37 PM
 #139

patience is not bad, the only thing why it became useless it is because you made the wrong altcoins that you hold in the long term.
It was in your choice dude. But if you choose the right one to hold in the long term, I am pretty sure the applications of your patience
will be useful of course.
True, being patient with what is of value is very good, but if someone is only patient with junk tokens or shitcoin, it will be pointless and obviously will not be of any use, as well as to the work that everyone is doing in his life, because there are also jobs that are completely useless even though the patience is over 100%.
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March 18, 2021, 01:19:29 PM
 #140

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

I think is that when you are talking about losing everything even with being patient, it only means one thing, you are not talking about the good coins. You bought some new altcoins perhaps and stick to them. If you bought the top coins then it would be a different story and we are not seeing another one of hundreds of losing posts here in the forum. Many have come before you and you should have consulted first with people who already know the ins and outs of cryptocurrency. Good luck on your next investment.

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March 18, 2021, 02:47:30 PM
 #141

patience is not bad, the only thing why it became useless it is because you made the wrong altcoins that you hold in the long term.
It was in your choice dude. But if you choose the right one to hold in the long term, I am pretty sure the applications of your patience
will be useful of course.
True, being patient with what is of value is very good, but if someone is only patient with junk tokens or shitcoin, it will be pointless and obviously will not be of any use, as well as to the work that everyone is doing in his life, because there are also jobs that are completely useless even though the patience is over 100%.
Just hold shitcoin, and forget it, because there have been many cases of people who are lucky with their shitcoin up to 1000% more,
remember you about shitcoin meme ?, yes that's Doge, just imagine if you bought it when the price was still a few satoshi ,
and the price is less than 1 cent, of course if you hold until now then you are already said to be a millionaire

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March 18, 2021, 04:14:48 PM
 #142

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
Having the petience and timing in selling altcois is always a big profit or income but other holders can't help but panic especially if the markets dip but you do it in a way so as not to have big losses you can swap the your altcoins or sales and select the usdt token and rebuy only if the price falls to make a profit in case the price goes up.
Holding crypto coins and patiently waiting for so long even after listing  is not a guaranty for earning massive profits the hodlers need some knowledge especially in charting analysis and TA to enable them to sell at the appropriate time there are indicators like RSI that will signal oversold and overbought zones which will help or enable a trader or hodler to sell when the need arises, price of cryptos always pump and dump thus creating opportunity to sell at high take a profit before a bullback or correction of the price.

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March 18, 2021, 05:40:04 PM
 #143

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
Having the petience and timing in selling altcois is always a big profit or income but other holders can't help but panic especially if the markets dip but you do it in a way so as not to have big losses you can swap the your altcoins or sales and select the usdt token and rebuy only if the price falls to make a profit in case the price goes up.
You cannot just invest and forget about your assets for a certain period of time. The cryptocurrency market should always be monitored and followed not only by the readings of the charts on the exchanges, but also in the information space to follow the news of the projects in which you have made your investments. This is necessary in order to avoid losses, in order to get rid of a bad investment in time, or, on the contrary, to increase the volume of more withdrawn ones.

#business #forextrader #bitcoinnews #invest
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March 18, 2021, 06:55:08 PM
 #144

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
LOL, people telling you to hodl and you obeyed? In crypto sphere you are completely on your own, you can't hold anyone for what ever losses you incur, that's why you have to research and take decisions by yourself like a man, about the topic  I think you're getting it all wrong patience is everything in crypto, it takes quite some time for coins to grow to a significant amount, for instance those who bought bitcoin in 2011 and held till now, do you think they would agree with you?, just hold coins that actually have a future not coins that are just around for short term.

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March 18, 2021, 09:18:22 PM
 #145

Patient is the key for holding some coin but you need to do research about the coin and its uses cases, SYL from XSL Labs for example, it is i think worth to hold like i told everyone to invest in to ethlend ( now aave ) in 2017. And now the project is very succeed.



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March 18, 2021, 11:05:31 PM
 #146

You can't do a lot of just with tolerance, or just with large capital...you need some set! Also, most significant is to realize when to utilize a particular expertise... there's an ideal opportunity to be patient and calm, there's the point at which you need to play it forcefully... being smart is realizing the proper behavior in the most ideal manner in the particular market conditions. You can attempt to discover your own specific manner and to be acceptable in whatever you do!

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March 19, 2021, 08:44:41 PM
 #147

Patience and the ability to keep emotions under your own control is a very important and necessary quality for a person of any profession in any industry. Intemperance and impulsiveness will definitely not bring any results. You need to combine many useful qualities in order to succeed in cryptocurrency, in order to be able to navigate in time and make the right decisions.

You can search for a long time and list the characteristics of a successful trader, but in reality it is difficult to find a person who possesses all of them. Therefore, you must continue to learn from the mistakes of others for your own good.
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March 19, 2021, 08:52:41 PM
 #148

Patient is the key for holding some coin but you need to do research about the coin and its uses cases, SYL from XSL Labs for example, it is i think worth to hold like i told everyone to invest in to ethlend ( now aave ) in 2017. And now the project is very succeed.

the truth if we want to hodl a coins for long term, we need patience right ?
i know beside patience we also need to be confidence too, because the price of cryptocurrency is very volatile

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March 19, 2021, 09:03:36 PM
 #149

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

having patience on bitcoin is the best strategy, all the other coins you need to accumulate btc.
there are many projects that could have a more or less certain forecast of success but a great deal of research and study is needed.
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March 19, 2021, 09:28:06 PM
 #150

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

having patience on bitcoin is the best strategy, all the other coins you need to accumulate btc.
there are many projects that could have a more or less certain forecast of success but a great deal of research and study is needed.
Diversifying is one of the most common behavior specially if you do have still money to spent or allocate on which you can really find out other alternatives when it comes to investment.
Patience does really play a great role but only into those coins or projects which are really worth for you to wait on but there are instances or situations where being impatient
or highly reactive into situations or events does really give out some positive effects into your investment career.Patience isnt everything but it do works most of the time
because there are really projects which are really worth to hold on but dont cross out those chances to take out profits specially on other projects in the market.

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March 19, 2021, 09:38:51 PM
 #151

the truth if we want to hodl a coins for long term, we need patience right ?
i know beside patience we also need to be confidence too, because the price of cryptocurrency is very volatile
Confident in a way that you have done your research and the coin that you're holding is one of the best in your research. Because confidence isn't just about looking at the price that can cope up with the volatility but it only means that you understand what you do.
And you're very well updated for that coin even just the most basic things about it.

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March 19, 2021, 09:59:35 PM
 #152

Patient is the key for holding some coin but you need to do research about the coin and its uses cases, SYL from XSL Labs for example, it is i think worth to hold like i told everyone to invest in to ethlend ( now aave ) in 2017. And now the project is very succeed.

the truth if we want to hodl a coins for long term, we need patience right ?
i know beside patience we also need to be confidence too, because the price of cryptocurrency is very volatile

You won't be patient if you are not confident because it might lead you to dump the coins you are holding if you are not confident. We should understand the project we are investing to hold and be aware of what is happening so we are not just blindly investing, we will know what to do in certain situation, and most especially we would know when to buy and sell at the right timing.

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March 19, 2021, 10:06:45 PM
 #153

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
Having the petience and timing in selling altcois is always a big profit or income but other holders can't help but panic especially if the markets dip but you do it in a way so as not to have big losses you can swap the your altcoins or sales and select the usdt token and rebuy only if the price falls to make a profit in case the price goes up.
No, patience isn't everything. First, you need to be in the right market. If for sure you know you're in a market that can't fail in the next x amount of time then you will find that having patience during times of market turbulence will be much easier. So, don't stick with a market you don't know much about, hold on those you know will do well...
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March 19, 2021, 10:25:37 PM
 #154

I know keep bounty tokens can be really annoying sometimes especially as most of them are scam bounties and we end up with dead token and if think we have all been there and on the other hand it can be really profitable to told hold more stable coin especially btc and eth...just imagine people holding btc since last year 2020 till now March 2021... do u know how much richer they would be now... because no matter how low you btc was ... you probably have times 10 now
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March 19, 2021, 11:07:47 PM
Last edit: March 20, 2021, 04:32:41 PM by molsewid
 #155

Confident in a way that you have done your research and the coin that you're holding is one of the best in your research. Because confidence isn't just about looking at the price that can cope up with the volatility but it only means that you understand what you do.
And you're very well updated for that coin even just the most basic things about it.
I do agree that when you have a confident that the coin your hodling for a quite a long time was worth to keep it in your digital wallet then the patience was present and the control of mind over the attempts or impulsiveness was also there then it shouldn't give you the result that you may regrets also. When you have a patience your mind has a control over your emotion, which in some aspects of life of a trader those emotions of ours are the one that could lead us made some decisions that sometimes shouldn't made in the first place.
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March 20, 2021, 03:31:07 AM
 #156

Patient is the key for holding some coin but you need to do research about the coin and its uses cases, SYL from XSL Labs for example, it is i think worth to hold like i told everyone to invest in to ethlend ( now aave ) in 2017. And now the project is very succeed.

the truth if we want to hodl a coins for long term, we need patience right ?
i know beside patience we also need to be confidence too, because the price of cryptocurrency is very volatile
Yes, patience is highly needed mostly if you have plan to hold the coins for a long time. But it's not all about it, there are many things we need to include when holding a coin. We need to trust, know its background and monitor every single hour or day the movement of its value. Because the value itself is unstable. Having it surely makes us confident in the coin that we are holding.


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March 20, 2021, 04:26:37 AM
 #157


Yes, patience is highly needed mostly if you have plan to hold the coins for a long time. But it's not all about it, there are many things we need to include when holding a coin. We need to trust, know its background and monitor every single hour or day the movement of its value. Because the value itself is unstable. Having it surely makes us confident in the coin that we are holding.
of course, it all becomes our background to choose the right asset. because investing in the long term is not easy. we will never know what the future holds with our lives. seeing the market go down and having to be patient will require high confidence. but when we choose the wrong asset. patience will not pay for whatever we are waiting for.









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March 20, 2021, 05:41:56 AM
 #158

The value of a coin flactuates from time to time, that's why those who have experience in investing always say that you should be patient and wait for the coin's value to spike. It is a good advice, however if you truly want the best results, consider what coin you should invest on and hold. Bitcoin and Ethereum are the only coins that i consider holding for a long time, since these two are viable and of high demand. Patience with these two have given me trumendous results.

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March 20, 2021, 07:06:45 AM
 #159

You think patience is not the key for success in crypto? think again. In crypto we call it HODL and none of coin so far has betrayed anyone who has the courage to HODL. Just buy when prices are down and wait patiently, you will get double of your investment in very short time.

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March 20, 2021, 03:15:30 PM
 #160

You think patience is not the key for success in crypto? think again. In crypto we call it HODL and none of coin so far has betrayed anyone who has the courage to HODL. Just buy when prices are down and wait patiently, you will get double of your investment in very short time.
He should think again with patience is not the key for success in cryptocurrency, looks with many holder get much profit after success hold and patience more than one or two years with coin holding raise much profit, if not patience in cryptocurrency maybe just get little profit and always disappointed one day later why not hold coin for long term, why very faster for selling coin.
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March 20, 2021, 06:49:23 PM
 #161

It's crypto bro, loss and profit are always Happening. So be ready for loss or Profit which you deserve.
You are right that sometimes pateince gives us loss but you have to use your mind that where I am investing is right place?
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March 20, 2021, 09:51:26 PM
 #162

Confident in a way that you have done your research and the coin that you're holding is one of the best in your research. Because confidence isn't just about looking at the price that can cope up with the volatility but it only means that you understand what you do.
And you're very well updated for that coin even just the most basic things about it.
I do agree that when you have a confident that the coin your hodling for a quite a long time was worth to keep it in your digital wallet then the patience was present and the control of mind over the attempts or impulsiveness was also there then it shouldn't give you the result that you may regrets also. When you have a patience your mind has a control over your emotion, which in some aspects of life of a trader those emotions of ours are the one that could lead us made some decisions that sometimes shouldn't made in the first place.
And when you have built your patience and confidence, it only means that you've been through a lot in the market. All of those researches that you've made added confidence for yourself.
Also, the experiences and bad days during the market had been so valuable in a way that you're very much trusting those coins you've held are reliable.

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March 20, 2021, 11:43:33 PM
 #163

I also lived that bad experience. Those were the some failed ICOs, thank God now I don't want to know anything about them. But not everything is bad, there have been the launch of other projects with more development than a simple whitepaper and a roadmap.

Sometimes I wonder if there are now so many coins with a good performance, why not invest in them.
For a good investment you should examine the team, if it has support from investors, community, the product in progress. Now we have more analysis tools and ways to invest to earn excellent returns.

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March 21, 2021, 03:45:48 AM
 #164

Almost anyone who went through the ICO phase and found it bad. I've been through a lot of different projects, it took 2 3 years to see them come back, but okay I'm still happy because it's not all my stuff in this space. Well patience is not everything, for those who have been in this market long enough instinctively have many things that determine the success of an investment.









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happen or be a part of it"

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molsewid
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March 25, 2021, 02:31:15 PM
 #165

It's crypto bro, loss and profit are always Happening. So be ready for loss or Profit which you deserve.
You are right that sometimes pateince gives us loss but you have to use your mind that where I am investing is right place?
Which of course we should and must ready for the losses if worst things happen and profited when you have made a right decision in trading or investment. Let's be honest that we aren't perfect and we commit mistakes in tradings and investment and sometimes those mistakes that we have been committed was because we are being so excited with the market we have seen, emotional that we can make the best trading or investment here and we can generate a profit, so it's a battle of mind and emotion state. I do hope that whenever we encounter this matter we can choose what's best, does patiently waiting for a quite sometime or might take the risk to do it on time.
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March 25, 2021, 02:39:54 PM
 #166

Almost anyone who went through the ICO phase and found it bad. I've been through a lot of different projects, it took 2 3 years to see them come back, but okay I'm still happy because it's not all my stuff in this space. Well patience is not everything, for those who have been in this market long enough instinctively have many things that determine the success of an investment.
It is true that patience is not what determines everything but that does not mean that patience is not important,
there are certainly many factors that make an investment successful,
the more we learn I think that will also be good too and make the chances of investment success even greater

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