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Author Topic: Be patient and you will be there soon.  (Read 1067 times)
Zanab247 (OP)
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July 16, 2023, 07:13:50 PM
 #1

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

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July 16, 2023, 07:21:10 PM
 #2

Patient is one of the key every BTC holders must embrace when waiting for bull market to come because is a type of season every long and short holders want to see before the end of this year before they can visit the market to sell. I bought BTC early last year when the price was $20, and the price has taken a good step to hit $30k which is very close to my expectations before I will start selling my BTC and have another opportunity to buy and hold for another bull to come. If you can ensure with the current price situation and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. Do you believe bull market will happen soon?
First, you have been in this forum for long to know the right boards to create your topic,  because as far as I know this thread belongs to Bitcoin speculations and not the altcoin board,  so you have to move the thread to the right board to get the right exposure that will give you the perfect analysis and market speculation.

But then also you need to correct the $20 you wrote as your buy-in price in last year's because what I figure out is that you made a typo error and forget to put the k in front of the $20 you mentioned.

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July 16, 2023, 07:50:47 PM
 #3

Patience is one of the most important traits an investor must have. Very few people get rich or even do well in crypto short term, it’s usually impossible to time the market. Buying regularly & holding for years is a time proven recipe for success. Most of us here who have made money have had to sit underwater for at least one bear market. Patience rewards those who have it, time & time again this is proven. Don’t be one of the weak hands, have some conviction & succeed.

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July 16, 2023, 08:07:27 PM
 #4

Time is so much needed in crypto. A newly established technology has developed for years, continues to develop, grows more and more as it develops. As everyone knows, there is a time of renewal, and then there is a period of preparation for the next time the projects work. Of course, good money can be earned just by following this cycle.

But it's a matter of catching the right timing, people who have been in the market for a long time can more or less predict some market movements.

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July 16, 2023, 09:31:17 PM
 #5

The cryptocurrency business has to with a patient, if you can hold you won't be making much profit in
crypto, especially Bitcoin, base you're topic, patient is the key, which I supported.

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July 16, 2023, 09:31:53 PM
 #6

If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Patient and believing are just two of the things that you need to make a profit from investing in Cryptocurrency and of course, following the updates on the coins you have invested to, I'm not going to sell Bitcoin hit $40k until having is over because there will be a dramatic increase of the price months after the halving if it's still possible I will try to hold until it reaches $100k we just don't know how many years of wait possibly 2 or three years but if I ok financially why not as long as adoption is on going you have something to hope for.

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July 16, 2023, 09:42:41 PM
 #7

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Always be depending on your price target or threshold on which we know that each person does have different goal when it comes to their selling point whether it would be 60k or 100k or more. This is why its really hard to

answer up some questions about price limit or your goal when it comes to selling because it would really be in accordance into your preference or interest.In overall, if you do have plans on having short term bag and long term
bag then its up to yours because there are ones who do make both things on which they could able to see profits in short term and at the same time you are holding for long term but well it would be accordance into
your capital and capability when it comes to trading whether going for short term or long term approach.

Just dont make yourself in a hurry when it comes on making money because this is where it usually make some do becomes that desperate when it comes to their investment which it would led up
into mistake or disaster just because they arent been able to make up good decisions basing up on what they are currently dealing with.

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July 16, 2023, 10:04:27 PM
 #8

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Your whole title is contradicting itself. IF you are patient you are not expecting anything happening soon and you need to adjust your expectations indefinitely. It might be months, or years depending how patient you are going yo be but "patience" and "soon" in a same sentence is a premise of a joke.

Imho people trying to make few percentages in crypto haven't grasped the potential of extremely volatile markets. I have seen many newbs making peanuts by day trading alts and btc and people who just forgot they owned alts and made insane profits. New assets need new approaches. Traditional ways and generic trading doesn't necessarily apply here. Or at least people doing that aren't making the most of this scene.

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July 16, 2023, 10:09:09 PM
 #9

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Each person can decide what is the best strategy for themselves, however you talk as if the bull run is already over when no bull run took place, after the price of bitcoin was crashing, a much needed correction happened which pushed the price of bitcoin to the 30k level, and if you want to sell now you are free to do so but I do not see the point of doing this when you can just keep holding your bitcoin and do nothing, and still multiply your profits many times over.
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July 16, 2023, 10:15:24 PM
 #10

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Your whole title is contradicting itself. IF you are patient you are not expecting anything happening soon and you need to adjust your expectations indefinitely. It might be months, or years depending how patient you are going yo be but "patience" and "soon" in a same sentence is a premise of a joke.
Exactly my thought, in crypto you need to have price expectation and like you did mentioned, you have reach your price expectation but still needed more, crypto space is unpredict anyways, anything can happen and price can go in any direction, so keep your price expectation and take little profit   

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July 16, 2023, 10:29:04 PM
 #11

Patience is one of the mlst important skill alongside discipline. Having seen a couple of market cycles and read many stories of people's experience in this space, I agree that patience is one of the key skill everyone should have. Crypto is a new space that is pushing the bounds everyday and it would require a lot of patience.

Patience is one of the most important traits an investor must have. Very few people get rich or even do well in crypto short term, it’s usually impossible to time the market. Buying regularly & holding for years is a time proven recipe for success. Most of us here who have made money have had to sit underwater for at least one bear market. Patience rewards those who have it, time & time again this is proven. Don’t be one of the weak hands, have some conviction & succeed.

Well said, patience is a virtue truly. The people who have done well in crypto were patience enough to  reap the benefits of their investments.

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July 17, 2023, 04:24:42 AM
 #12

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Patience is indeed crucial for BTC holders, especially when awaiting a bull market. The timing of market cycles can be unpredictable, and it's essential to stay focused on long-term goals. Congratulations on purchasing BTC at $20k last year, and it's promising to see the price rise to $30k. Remember, setting realistic expectations is important, and selling decisions should align with individual investment strategies. If the price reaches $40k next month, it's a personal decision whether to sell or hold. Some may choose to secure profits, while others might have a higher target in mind, such as $100k. It's crucial to evaluate the market conditions, conduct thorough research, and make informed decisions based on your own risk tolerance and investment objectives. Holding onto BTC can potentially lead to significant profits, but it's important to continuously monitor market trends and adjust your strategy accordingly

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July 17, 2023, 04:48:53 AM
 #13

(....)
If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Every wait must be rewarded and must be worth it.
For me, if Bitcoin reaches $40,000 next month, I will still not sell. Because I have my personal goal and target which is only valid this year and next year.
I am expecting a new all-time high for Bitcoin before I can be convinced to sell some of my Bitcoins only that bought at specific prices only. I have some Bitcoins that is intended to hold for longer time.

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July 17, 2023, 05:52:17 AM
 #14

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Well, this interests the OP, I have a question that we need to answer and consider, namely do we all here believe that the price of BTC will continue to rise or is there a possibility of a price correction in the near future? This is of course (besides our long term goals) in investing.

Judging from your question above, "If BTC price reaches $40k next month, will you sell it?" The answer is variation cause many people have a certain price target before they sell their crypto assets and a decision to sell Bitcoin or other crypto assets.

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July 17, 2023, 06:13:15 AM
 #15

I won't sell at 40k or 60k, it's still a long way off where 100k is already a lot to look forward to in the upcoming bull.

That is investing we must be prepared to be patient in many years because there is no short-term investment that generates more profit except with a long travel time, so let us remain holders until the limit set by the skyrocketing bitcoin price later.

I believe next year will have many opportunities to sell at high prices, while now is an opportunity to continue buying when prices are still low from the previous ATH, take advantage of it better than nothing.

R


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July 17, 2023, 08:57:06 AM
 #16

There are not option have to do exactly for investor or bitcoin holder bough on higher price above $50k to $60k, but profitable for holder have buy back when bitcoin drop around $20k and their patience is most profitable. Patient is the key how to be success investment at the future but our position who bought Bitcoin around higher price not have to do except hold and keep waiting until bitcoin back to higher price. But still have any investors can't patience and waiting for until bitcoin recovering and back to higher price.

I believe with Bitcoin opportunities back to higher price, near time with bitcoin halving will bring good impact bitcoin back to $50k or wake up until $60 in next year.

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July 17, 2023, 09:25:48 AM
 #17

It's near impossible to time the market and that's why I don't want to have a plan of when, all I know about right now is buying the dips, I even pray for more dips to happen because I believe that we don't have the time, the halving season is coming and this year might be the last time to buy at a good price, although a part of me still wants a big crumble in the market, still I don't wait on my hands for that dream to come true, it may never happen, that's why I keep buying already and I will keep doing so till 2024, I am ready for whatever it's going to cost or take.

Focus more on buying the dips, if this is all that you cares about right now, your patience will be on auto, because there is no reason to be in haste, you aren't done accumulating so the longer the bear market the better you will keep preparing.

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July 17, 2023, 09:53:16 AM
 #18

I won't sell at 40k or 60k, it's still a long way off where 100k is already a lot to look forward to in the upcoming bull.
-snip-
$100k was the ATH target that I wanted to achieve as well.
I started to buy in gradually and collect the fees from the signature campaign for the long term until the $100k target was reached.

I believe $100k is the ideal target for the next ATH.
Seeing how the Bitcoin trend is recovering and plus next year is the 4th Bitcoin Halving.

Holding Bitcoin for the long term has nothing to lose as long as you buy with money that is not used for other purposes.

 
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July 17, 2023, 09:56:44 AM
 #19

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
No, it's too low even though I bought below that price but it's not our target price of $40K, by selling at that price the profit is not multiplying I want more than that then I won't sell and it's better to stay HODL.

$100K is what I want to see become an all-time price again even more than that I think, waiting for the halving is the most appropriate for now rather than selling at the end of the year now, even when the price has reached $40K I will still continue to buy bitcoin to accumulate this is still below ATH in 2021 so I think it is still a low price.

For now, keep HODL and wait for the peak.

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July 17, 2023, 10:47:36 AM
 #20

If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
It is self-evident that patience is a very important factor for an investor in the investment world.
Without patience, the goal of making a profit in investing will not be achieved.

Perhaps there will be some hesitation when the price of Bitcoin is already at $35,000. Doubts will arise at this stage where the choice between selling or not but all of that is returned to each individual to how confident in his decision behind the strategy they use.
In situations like this, patience and the ability to analyze thoroughly are needed.
Personally, when the price has reached $40,000, it is very close to the holding target that I set and it is likely that I will continue the holding target.

 
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