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Author Topic: Do you have patience to count from 1 to 100?  (Read 829 times)
ARTURVH (OP)
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July 21, 2021, 03:19:43 AM
 #1

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

"You Asked For Change, We Gave You Coins" -- casascius
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Dave1
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July 21, 2021, 03:25:26 AM
 #2

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

Of course, in every investments, you need to have patience, heck I have stocks that I've been holding for the last 20 years and still doing good after that.

I just hope that I've been in bitcoin for the early part so that I can fill my bags and I could be one of crypto millionaires too. So yes, knowledge + patience is the key to be successful in crypto. Just look at the early bagholders, they are living life to the fullest now and still have their investments growing like every 4 years.

R


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coin-investor
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July 21, 2021, 03:29:12 AM
 #3

Many investors plan to sell Bitcoin. Most people lose patience for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor. How do u think of it?

We cannot stop them from selling their shares it's an open market and there are many weak hands in this market, they are trading their Bitcoin to USDT to safeguard their money or converting their coins to fiat, but once the market gets up again, this is the same people that will be in a hurry to buy back their shares, things will get better there are still whales that wants to move the market forward.

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TravelMug
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July 21, 2021, 03:30:39 AM
 #4

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

Patience is one key element for every crypto investors, and then we have emotions as well. We need to fight back and not panic if we ever see our portfolio going down -50% or more, specially in the last two months.

That's why many have been preaching the crypto investments is not for the faint of heart. and we should look for our investments in long term, stick to that plan and have the patience in order to win in this game.

R


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smyslov
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July 21, 2021, 03:43:11 AM
 #5



That's why many have been preaching the crypto investments is not for the faint of heart. and we should look for our investments in long term, stick to that plan and have the patience in order to win in this game.

And yet many people do not follow the golden teaching of only investing what they can afford to lose, they invest when the market is going great, but retreat when they see the price is dipping, but I still believe we have investors and supporters of Cryptocurrency who are here to stabilize the market and helping it to reach the goal, weak hands should just trust the process.
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July 21, 2021, 04:31:12 AM
 #6

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
Where did you get those details ? "Many Investors Planning to sell bitcoin"? just because you have mentioned those 3 cases above?
If investors wanted to sell their bitcoins(Things that i believe happend already that's why the price drops below 30,000) then they will do it instantly without any other thoughts.
the reason why the price still holding high? because only few had decided and majority still keeps trusting and those are the people that Knows what they are doing .









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July 21, 2021, 04:45:56 AM
 #7

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
In long term i do believe bitcoin will even rich a new milestone which maybe 100k or 150k, patience is the key here and most of people in crypto dont have it , when the price going up  they just regret their decisions to sell at this price. People also oftenly jump into hype and mania and when the market in bear or correction phase it makes them afraid and sell all their asset and dont even think to buy more. As a good investors we should see correction and bear market as an opportunity to buy coins instead feeling fear that would turn out bad for your investment.

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July 21, 2021, 04:54:50 AM
 #8

You are right; we need to be patient with the current cryptocurrency market because so many factors have contributed to the general market crash, the Central economic sector is also suffering from the same economic meltdown that has led to the declining trend in the entire forex and stock exchange market.

So the only wise thing to do is to be patient and hold on for a while for the market to recover if not if one rushes to sell-off. It may lead to loss of funds in the long run.

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July 21, 2021, 05:58:17 AM
 #9


IMO if it's a common thing to see when people were losing their patience due to the bad sign that happened with not only the US condition but with stock and crypto.
This is also happening in the past when bitcoin faced a big bearish trend in early 2018. I think that the same pattern is just repeating again dude. This time we have faced a very big bullrun that was happening with bitcoin and the reverse trend will always happen. That's why people were selling some of their bitcoin.

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July 21, 2021, 06:39:15 AM
 #10

After a long surge that happened in the crypto and did you feel bad for those were feeling panic? I just see that as a common thing. The speculation market will always up and down. Stock has almost the same pattern like the crypto and this is also getting affected by the economic condition of US. When so many people were talking about inflation and that will also bring so many bad and good impact about the future of US.
This is also affecting the stock and crypto market. That's a domino effect

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July 21, 2021, 07:12:22 AM
 #11

In crypto the most important thing to do is make research, buy the good fundamentals coins and be super patient when you hold because anything can happen once development pickup for the coin or when market goes into a hyper state

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July 21, 2021, 07:16:19 AM
 #12

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
For those that want to know, this is not something that needs to be discussed as long as you have been in the cryptocurrency space for some time. Investors already know this, that no matter how dip Bitcoin drops, it will and has always recover even if it will take some years hence, patience has always been the "WORD" for those that understand. Except for the few lucky ones that invested at the right time on the right project, thinking that your investment even in Bitcoin will make you profits immediately should be dropped instead, long-term investment should be the aim.

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July 21, 2021, 07:46:37 AM
 #13

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
That is right patience is a virtue of making profit you cannot earn this things if you don't have a strategic plan for your investment. In the situation were the market that is really hard to speculate. Their are coins that is good for a short, medium and a long term trading for them to earned.
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July 21, 2021, 09:07:07 AM
 #14

~
Well many investors are indeed impatient because many of them don't have the idea of long-term investment and they try to correlate and relate crypto with stock market then they'll whine that whales took their opportunity to buy more and cheaper.
Also for Bitcoin, don't be surprised about it no more. It's not like that is the first time that we had ATL.
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July 21, 2021, 09:13:17 AM
 #15

When it comes to long-term investing, I think what you mentioned, I agree. Need more patience if you want to achieve the desire. Given the current market conditions, in addition to patience, it would be even better if you add a lot of knowledge about the development of the investment world.

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mobtc
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July 21, 2021, 09:33:17 AM
 #16

Now in a bear market, I can  patience to buy coins, do some bounty tasks, or buy some low-priced coins, when the market returns to the bull market, I believe everyone will have unexpected surprises, but this may be a long time.

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indah rezqi
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July 21, 2021, 09:41:14 AM
 #17

Now in a bear market, I can  patience to buy coins, do some bounty tasks, or buy some low-priced coins, when the market returns to the bull market, I believe everyone will have unexpected surprises, but this may be a long time.
If I follow and understand what you mean, long-term investments are not guaranteed and short-term investments can be profitable. If you follow the market developments from the past few years, make long-term investments, only Bitcoin will benefit friends.

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July 21, 2021, 09:46:05 AM
 #18

If I follow and understand what you mean, long-term investments are not guaranteed and short-term investments can be profitable. If you follow the market developments from the past few years, make long-term investments, only Bitcoin will benefit friends.
I agree with you. The development of the market some time ago, only people who bought BTC at that time were profitable. There is also another, namely ETH. However, long-term investing is not always profitable and suffers losses.
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July 21, 2021, 10:07:45 AM
 #19

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?

Well, in that case if any of the community here in cryptocurrency are impatience no wonder why they are too frustrated about what is happening now in the price of Bitcoin in the market. But it is true that for the long term holders this thing certainly doesn't matter for them, instead they are positively for it at all time or most likely.
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July 22, 2021, 08:44:55 AM
 #20

Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
I totally agree with you, that patience is the main point in dealing with crypto because we know that crypto is very unstable and can always change quickly. If we do not have very high patience, we will be affected by things that may not be in accordance with what we want.
everything is clear that it will change and we can do it because we are always learning so that experience can reduce the bad effects that we might experience.

currently bitcoin is in a position of experiencing a very deep correction so that the price fell almost to -50% from its last ATH, but all are still very optimistic that bitcoin will be able to bounce back by the end of the year. And it will also impact all altcoins, so be prepared to invest, if you haven't already.

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