Patience isn't everything

[Leif D]

Patience is not for Alts, especially shit coins (projects that are obviously inactive). Patience is only for BTC.

[michellee]

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.

[Ken_terrance]

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

[codpku]

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

[FanEagle]

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?

[acener]

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.

[bakasabo]

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.

[kenelmark]

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.

[Hovarda]

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.

[lienfaye]

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.

[bitcon]

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.

[Distinctin]

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.

[konflikkastil]

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.

[lalabotax]

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.

[moon sorcerers]

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

[RussianEnglishTranslation]

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.

[Blitzboy]

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.

[Kong Hey Pakboy]

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.

[Shasha80]

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.

[SirLancelot]

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.