Patience is power

[khiholangkang]

Holders are winners, but it also depends on what price you buy a coin at, if you buy a coin at an over-valued price then you will experience a price drop, for example, if you buy at ATH then you have to be more patient waiting until it passes the price you have bought on one coin.

But people who buy when the season is bad like at prices in 2022 and 2023 you will be paid today in several altcoin projects such as solana, ethereum and others that have value in the project, but it's just that it was very difficult for anyone who felt it with FUD and market crashes and you have to be patient at that time to get victory when the bullrun arrives. Don't trade too much if you don't understand trading, it's better to hodl and wait. Bitcoin always finds its way and gives hope to those who survive with decent profits.

[GeorgeJohn]

Initially before this forum , I was active in trading crypto which sometimes my analysis will enter for me and I will make some money and at a point the phobia of loss enveloped my thought and I stopped trading crypto because of series of losses but when I joined the forum ( bitcointalk) I read a thread that talked about patience and that all the newbies should Hodl coins instead of trading and that they should go through what the high ranked members post before making their own post and after going through series of threads I decided to read as much as I can and to hodl as much as I can and now all my technical analysis are going towards my direction and the chances of loss has reduced however, I thank all the High ranked members for their advice and at same time ,I urge all the newbies to be patient enough to read more post before posting .

for you to make a profit any of your cryptocurrency investment you have to exercise a much patient knowing that it is you are Endurance that will make you to profit in your cryptocurrency investment especially Bitcoin many people have experience loss during cryptocurrency investment especially Bitcoin because of impatient during their time of investment, so I believe that you have to exercise a patient in any of your investment you will venture into especially bitcoin investment that will help you to make a profit huge profit in that matter.

[Makus]

If I'm being asked the reason why I love this forum? It's because of its resourceful nature. If you come to this forum with your problem related to crypto you'll definitely find someone who can break everything down for you to comprehend properly, and that is why we should ask questions when we don't understand some certain things instead of concluding and giving up. Holding has always been my thing, since I joined this Bitcoin forum and started accumulating. I prefer to borrow than using from my Bitcoin I have accumulated.

[NewRanger]

Holding has always been my thing, since I joined this Bitcoin forum and started accumulating. I prefer to borrow than using from my Bitcoin I have accumulated.

I highly recommend BTC, but the case is different with Altcoins, it really depends on the quality of the project and the response of investors in the market and if we want to speculate with our money on unknown projects other than BTC, never put our money in just one bag, split it into several coins so that we can save money if one of them is a scam or drops sharply.

In the Crypto World, many people lose in trading and many people are trapped by advertisements for new projects without knowing the quality of the project, so they immediately buy it. I also hope that in 2024 this can be minimized and that it will not continue to happen over and over again.

[strunberg]

Initially before this forum , I was active in trading crypto which sometimes my analysis will enter for me and I will make some money and at a point the phobia of loss enveloped my thought and I stopped trading crypto because of series of losses but when I joined the forum ( bitcointalk) I read a thread that talked about patience and that all the newbies should Hodl coins instead of trading and that they should go through what the high ranked members post before making their own post and after going through series of threads I decided to read as much as I can and to hodl as much as I can and now all my technical analysis are going towards my direction and the chances of loss has reduced however, I thank all the High ranked members for their advice and at same time ,I urge all the newbies to be patient enough to read more post before posting .

I agree with you. Becoming a long-term holder will give you an advantage because you don't have to read charts and understand technical analysis related to crypto trading. You can also get returns of up to hundreds of percent if you get good coins. But to become a long-term holder you also need some preparations, such as using your cold money to invest. And even if you are a long-term holder, still pay attention to current and future trends and narratives. Because there are some coins that become useless when held for the long term due to outdated narratives. Examples are Metaverse narratives such as Sand, Mana and Axie which are still at the bottom today.

[Rockstarguy]

Whatever the investment, patience is the key to success in investing, especially Bitcoin investments whose prices are very volatile, but with a four-year cycle, with patience you will get better profits.

Exactly, this is the initial capital that holders must have when they want to invest in crypto. Because crypto is quite high risk, the fluctuations are also very high, so the ups and downs of the price of crypto, whatever coin it is, will definitely be high. So, if we are impatient, we will be greatly affected by very unstable market conditions. And of course this will also affect our mentality, which can then make us decide something in a hurry without careful consideration. Impatience can also drive us to be emotional and panic.

Bitcoin is very volatile which you can't predict it, for one to be able to succeed in investing bitcoin, it is very necessary for one to learn how to have patience while investing in Bitcoin.  Patience is the reason why one can be able to able to hodl bitcoin till the the bull season.  Sometimes the reason why it is so difficult for some people to have patience why investing in Bitcoin is because they lack understanding.  It I impossible for one who don't have good understanding of bitcoin to have patience for the volatility of market.  You can only have patience on things that are well understood,  beginners need to learn and understand bitcoin well, understanding it can easily make to have patience.

[bounceback]

Initially before this forum , I was active in trading crypto which sometimes my analysis will enter for me and I will make some money and at a point the phobia of loss enveloped my thought and I stopped trading crypto because of series of losses but when I joined the forum ( bitcointalk) I read a thread that talked about patience and that all the newbies should Hodl coins instead of trading and that they should go through what the high ranked members post before making their own post and after going through series of threads I decided to read as much as I can and to hodl as much as I can and now all my technical analysis are going towards my direction and the chances of loss has reduced however, I thank all the High ranked members for their advice and at same time ,I urge all the newbies to be patient enough to read more post before posting .

Patience or anyone who has a strong hand is one of the factors for success when in the world of Crypto, but sometimes patience can also cause losses. I mean, if we want to hold coins in the long term then don't choose the wrong coin to hold because not all coins on the market can survive in the long term, it's just that some coins have strong fundamentals so they have the opportunity to provide big profits in the future . So in my personal opinion, it's not just patience that we need to apply, but we also need to have massive understanding when we want to profit from Cryptocurrency.

[Youngkhngdiddy]

Patience or anyone who has a strong hand is one of the factors for success when in the world of Crypto, but sometimes patience can also cause losses. I mean, if we want to hold coins in the long term then don't choose the wrong coin to hold because not all coins on the market can survive in the long term, it's just that some coins have strong fundamentals so they have the opportunity to provide big profits in the future . So in my personal opinion, it's not just patience that we need to apply, but we also need to have massive understanding when we want to profit from Cryptocurrency.

  Before you make any move on anything whatsoever, you need to know what you are getting yourself so has to know the risk associated with it. The interesting thing about  business and investment is that you can’t predict it out come, I suggest that never giving up is the secret to business success. Many people think that success comes overnight and it really doesn’t - there will always be ups and downs; success and failure and if you can appreciate that each time there is a failure you are one step closer to success. Success is a direct output of your patience. People with patience are usually cool and calm as they know that eventually they will get what they deserve. Also, such people do not measure their progress towards goal everyday and it again helps them to enjoy what they are doing. Patient people are more decisive too. Do not think that being patient is equal to being lazy or lose. Far from it, in fact people with patience keep on doing the daily tasks rigorously and wait for their time. Often patience boils from trust - trust on one's own ability or trust on the supreme power.
  Patience, with persistence and practice, is the key. If you have no patience and you haven’t made it yet, then you fail. Everything has its time. Not necessarily when you want it, but when “it” decides. There is a saying and I have found it to be very true, “Timing is everything.” All the stars and planets and moons have to get to the right positions or your success might not be all that wonderful. What is that exact point of success? Think of everyday that you have made some progress as a small success. For you to feel successful, others need to also feel your success, and everyone is on their own schedule. It takes a lot of timing for it to all come together. You have to become one with that which you seek.

[Kristiyana]

Patience or anyone who has a strong hand is one of the factors for success when in the world of Crypto, but sometimes patience can also cause losses. I mean, if we want to hold coins in the long term then don't choose the wrong coin to hold because not all coins on the market can survive in the long term, it's just that some coins have strong fundamentals so they have the opportunity to provide big profits in the future . So in my personal opinion, it's not just patience that we need to apply, but we also need to have massive understanding when we want to profit from Cryptocurrency.

  Before you make any move on anything whatsoever, you need to know what you are getting yourself so has to know the risk associated with it. The interesting thing about  business and investment is that you can’t predict it out come, I suggest that never giving up is the secret to business success. Many people think that success comes overnight and it really doesn’t - there will always be ups and downs; success and failure and if you can appreciate that each time there is a failure you are one step closer to success. Success is a direct output of your patience. People with patience are usually cool and calm as they know that eventually they will get what they deserve. Also, such people do not measure their progress towards goal everyday and it again helps them to enjoy what they are doing. Patient people are more decisive too. Do not think that being patient is equal to being lazy or lose. Far from it, in fact people with patience keep on doing the daily tasks rigorously and wait for their time. Often patience boils from trust - trust on one's own ability or trust on the supreme power.
  Patience, with persistence and practice, is the key. If you have no patience and you haven’t made it yet, then you fail. Everything has its time. Not necessarily when you want it, but when “it” decides. There is a saying and I have found it to be very true, “Timing is everything.” All the stars and planets and moons have to get to the right positions or your success might not be all that wonderful. What is that exact point of success? Think of everyday that you have made some progress as a small success. For you to feel successful, others need to also feel your success, and everyone is on their own schedule. It takes a lot of timing for it to all come together. You have to become one with that which you seek.

I agree with you,in my own opinion I think becoming a Long term holder is very good sometimes, let me use my friend as example. this friend of my invested in bitcoin from the early stage, and he was patient enough to reserve it till this time he profited so much in bitcoin investment,as a result of being patient.however patient is very important in terms of making investment you need to hold on for some time if you want your profit to be massive,but before making a Long term investment you need to look for a profiting coin to invest, so that there won't be any lose.

[AakZaki]

Holders are winners, but it also depends on what price you buy a coin at, if you buy a coin at an over-valued price then you will experience a price drop, for example, if you buy at ATH then you have to be more patient waiting until it passes the price you have bought on one coin.

But people who buy when the season is bad like at prices in 2022 and 2023 you will be paid today in several altcoin projects such as solana, ethereum and others that have value in the project, but it's just that it was very difficult for anyone who felt it with FUD and market crashes and you have to be patient at that time to get victory when the bullrun arrives. Don't trade too much if you don't understand trading, it's better to hodl and wait. Bitcoin always finds its way and gives hope to those who survive with decent profits.

Therefore, don't get too FOMO about prices that are getting higher, especially if you buy Bitcoin at the ATH price of $70,000, that is the current peak price. Holders are always winners, but when they don't know what price to enter and what price to leave, then they need to learn to do that. maximize how to become a Holder that can provide profits and not wait too long to take advantage. Becoming a holder is not easy, it requires good knowledge and good management too.

[Humblevirus]

Initially before this forum , I was active in trading crypto which sometimes my analysis will enter for me and I will make some money and at a point the phobia of loss enveloped my thought and I stopped trading crypto because of series of losses but when I joined the forum ( bitcointalk) I read a thread that talked about patience and that all the newbies should Hodl coins instead of trading and that they should go through what the high ranked members post before making their own post and after going through series of threads I decided to read as much as I can and to hodl as much as I can and now all my technical analysis are going towards my direction and the chances of loss has reduced however, I thank all the High ranked members for their advice and at same time ,I urge all the newbies to be patient enough to read more post before posting .

Being patient is beneficial because it enables people to bide their time until profitable possibilities present themselves. Patience pays off in the cryptocurrency space because it allows investors to take advantage of favorable market conditions. But it's important to understand that too much patience can sometimes result in lost chances. Not every circumstance calls for patience; there are occasions when taking quick, decisive action is wiser. When choosing when to use patience, discernment is essential.

It might not be a good idea to hold onto every coins, particularly if some of them have little value or room to expand. In these situations, waiting around could make you lose money, much like when you lose money when like the way you are losing when trading. As a result, it's wise to proceed cautiously and to invest only in assets like Bitcoin that have a solid track record and bright future. People can successfully manage their investment plans and traverse the bitcoin market by making well-informed decisions on whether to act and when to exercise patience.

[Rengga Jati]

......Patience is power.....

Patience does have a significant influence, in various ways. including according to this post, whether it is related to patience to read more previous posts, patience in holding, and also patience in trading. Because it's not just holding that requires extra patience, but also in trading, patience is one of the key factors. However, this is one of the key factors, it's not just patience that is needed, and there are several other key factors that also have an influence.

I highly recommend BTC, but the case is different with Altcoins, it really depends on the quality of the project and the response of investors in the market and if we want to speculate with our money on unknown projects other than BTC, never put our money in just one bag, split it into several coins so that we can save money if one of them is a scam or drops sharply.

Bitcoin, no doubt and no wonder.
We already understand the results of patience from holding Bitcoin, there is no need to doubt it. If we really understand Bitcoin, and how its cycles are, then BTC is the most important for holding.

Meanwhile, for altcoins, there are probably a few altcoins that are really worth holding and giving us full patience with these coins. but indeed, the trust will not be complete when holding BTC. There are several altcoins that are quite convincing and have potential, especially if we look at the top coins currently available and how they are developing. As long as it's not hype coins, then it will be much more popular. But, never rely on holding new altcoins or especially hype coins, because that will only make us miss the right moment to take profits.

[khiholangkang]

Holders are winners, but it also depends on what price you buy a coin at, if you buy a coin at an over-valued price then you will experience a price drop, for example, if you buy at ATH then you have to be more patient waiting until it passes the price you have bought on one coin.

But people who buy when the season is bad like at prices in 2022 and 2023 you will be paid today in several altcoin projects such as solana, ethereum and others that have value in the project, but it's just that it was very difficult for anyone who felt it with FUD and market crashes and you have to be patient at that time to get victory when the bullrun arrives. Don't trade too much if you don't understand trading, it's better to hodl and wait. Bitcoin always finds its way and gives hope to those who survive with decent profits.

Therefore, don't get too FOMO about prices that are getting higher, especially if you buy Bitcoin at the ATH price of $70,000, that is the current peak price. Holders are always winners, but when they don't know what price to enter and what price to leave, then they need to learn to do that. maximize how to become a Holder that can provide profits and not wait too long to take advantage. Becoming a holder is not easy, it requires good knowledge and good management too.

Yes that's right, sometimes grasping too long is also not the right thing except for bitcoin in my opinion which is targeted for retirement funds, it might not be a problem because we believe in bitcoin. And in altcoins we do need to see and pay attention to how it develops because that will make why you have to hold on longer or leave as a holder or throw things after making a profit. This is not easy for anyone, but it does need to be done if you want to be a smart investor, being too fanatical is also not a good thing for something that is not easy for us to predict in the future what it will be like, this will go back to each risk profile if based on the scenario described.

[kawetsriyanto]

Holders are winners, but it also depends on what price you buy a coin at, if you buy a coin at an over-valued price then you will experience a price drop, for example, if you buy at ATH then you have to be more patient waiting until it passes the price you have bought on one coin.

Indeed, the price when you bought the coins (entry) will have a big role to determine the success in crypto investment. If you bought the coins at at the bottom price, it will be easier to take profits as much as possible. Meanwhile if you bought the coins at expensive prices, it becomes harder to get profits because the chance to increase significantly may be rather small.

However, there are other things that may determine the success. How we set the selling price (exit) and how the potential of the coins are 2 matters that also give the contribution to support the success. If we set a too high target, we may fail to sell the coins. And if we buy the wrong coins, it also can cause the failure although we are very patience people.

But people who buy when the season is bad like at prices in 2022 and 2023 you will be paid today in several altcoin projects such as solana, ethereum and others that have value in the project, but it's just that it was very difficult for anyone who felt it with FUD and market crashes ~

For experienced people, they won't care about the FUDs. When it is in the 1-2 years after the bullish season, the price must drop very significantly. They must be aware that it is the best time to buy coins. Almost all the coins have increased their prices very well, people who bought in 2022-2023 must feel happy now. 

[Humblevirus]

Holders are winners, but it also depends on what price you buy a coin at, if you buy a coin at an over-valued price then you will experience a price drop, for example, if you buy at ATH then you have to be more patient waiting until it passes the price you have bought on one coin.

But people who buy when the season is bad like at prices in 2022 and 2023 you will be paid today in several altcoin projects such as solana, ethereum and others that have value in the project, but it's just that it was very difficult for anyone who felt it with FUD and market crashes and you have to be patient at that time to get victory when the bullrun arrives. Don't trade too much if you don't understand trading, it's better to hodl and wait. Bitcoin always finds its way and gives hope to those who survive with decent profits.

Investing during the bear market is what every investor should do because that is the only way we can make a huge profit from our investment. It will make no sense if we invest at ATH by then the price of that coin will be too high and even if you buy by that time you will hodl for a very long period of time, so it is better to invest during the bear market so when the bull arrives everybody will be smiling. However, we should not invest in any coin we see in the market as there are some coins that do not have the potential to last in the market. Some of them may disappear while others may not give us the result we want even if they exist.

[Bushdark]

If I'm being asked the reason why I love this forum? It's because of its resourceful nature. If you come to this forum with your problem related to crypto you'll definitely find someone who can break everything down for you to comprehend properly, and that is why we should ask questions when we don't understand some certain things instead of concluding and giving up. Holding has always been my thing, since I joined this Bitcoin forum and started accumulating. I prefer to borrow than using from my Bitcoin I have accumulated.

There are so many good information we can get here without paying for it or having to make researches before we get close.
This is like a family and we must be ready to research for information that would always be of help to us especially those that are interested in investing or holding Bitcoin. The forum is big enough and it's a place we could gain knowledge from reading different posts.
There are many things we could do to make sure that we don't lack information and the places we could get good information are numerous and Bitcointalk is among.

[khiholangkang]

Holders are winners, but it also depends on what price you buy a coin at, if you buy a coin at an over-valued price then you will experience a price drop, for example, if you buy at ATH then you have to be more patient waiting until it passes the price you have bought on one coin.

Indeed, the price when you bought the coins (entry) will have a big role to determine the success in crypto investment. If you bought the coins at at the bottom price, it will be easier to take profits as much as possible. Meanwhile if you bought the coins at expensive prices, it becomes harder to get profits because the chance to increase significantly may be rather small.

However, there are other things that may determine the success. How we set the selling price (exit) and how the potential of the coins are 2 matters that also give the contribution to support the success. If we set a too high target, we may fail to sell the coins. And if we buy the wrong coins, it also can cause the failure although we are very patience people.

That's right, of course, patience is not still patience in undergoing investment in crypto because it is indeed volatile and has a season, precisely must be good at understanding the season and choosing the project we invest in, as well as the selling target must be considered not to overdo it and not be too greedy because we don't know how long the place we invest will experience a setback or have no progress it will result in bad things too, so right, we need a selling target.

But people who buy when the season is bad like at prices in 2022 and 2023 you will be paid today in several altcoin projects such as solana, ethereum and others that have value in the project, but it's just that it was very difficult for anyone who felt it with FUD and market crashes ~

For experienced people, they won't care about the FUDs. When it is in the 1-2 years after the bullish season, the price must drop very significantly. They must be aware that it is the best time to buy coins. Almost all the coins have increased their prices very well, people who bought in 2022-2023 must feel happy now. 

I think sir is also the same, one of the people who have a beautiful smile today, although now the market is experiencing a correction but it is far at the purchase price of sir last time, it is very pleasant when you see many people who are fomo, hunting for coins that we have bought at a fairly low price.

[Viscore]

It is true that patience is key for many good things in your life, and it is especially clear now that we see see the effects of the culture of the immediate in children that aren't being educated in a way they can develop that virtue.

But too much patience can be dangerous too if you take into account that time is a very scarce resource in our lives. In the case of the OP and every trader who decided to hodl for the long run instead of continue doing the same they were used to, but it could've worked the other way too, and then you'd have lost 4-8 years waiting, instead of liquidating and employing that money elsewhere.

Of course, when in doubt, better be patient, but I wanted to share this different point of view with you.

I have to agree with this as not all the time patience will give us a positive effect. Some end up missing opportunities because they were too patient and just keeps waiting for the perfect timing until they end up losing those opportunities. This applies to trading and investing with bitcoin. Although we often said that being patient is the key to a successful bitcoin trading or investment, but I think we should also be more greedy and fearless at some point so we can maximize the opportunities in front of us while majority chose to be fearful and not greedy.

[odunybiz]

Initially before this forum , I was active in trading crypto which sometimes my analysis will enter for me and I will make some money and at a point the phobia of loss enveloped my thought and I stopped trading crypto because of series of losses but when I joined the forum ( bitcointalk) I read a thread that talked about patience and that all the newbies should Hodl coins instead of trading and that they should go through what the high ranked members post before making their own post and after going through series of threads I decided to read as much as I can and to hodl as much as I can and now all my technical analysis are going towards my direction and the chances of loss has reduced however, I thank all the High ranked members for their advice and at same time ,I urge all the newbies to be patient enough to read more post before posting .

Patience is not always a good thing in the world of cryptocurrencies. You can buy tokens cheaply and start waiting. To wait and endure, to see that the tokens are now worth x10, but at the same time to endure and not sell them. After that, they will fall by 0.5x of the original cost. In cryptocurrencies, the most important thing is dexterity and the ability to quickly learn and be the first. You should always read all the information, be able to distinguish the prospects of coins. And it's good to tolerate it, but not the main thing.

You can't just conclude that patience isn't needed in cryptocurrency. Those that really made it with Bitcoin are those that bought when it was no value and keep till it become something. Although being patience may make you lose if you are holding an altcoin. Just as you have said, if care is not taken, your dollars of altcoin may turn to dust.

I'm sorry, but I don't mean that patience doesn't matter, I mean that it's not the main thing. All those investors who bought coins that no one believed in and waited for their growth were patient. But! First of all, they were smart in analyzing these altcoins, because there are a lot of scam coins on the market, and the ability to analyze a project is the most important thing in our work.
After all, you can patiently wait for the coin to grow, but if it is a scam, it will never grow.

Now I get your point clearly. DYOR is very important in investing. Just like you said, you can't buy a scam project and expect growth. Being patient over scam coin is just a wait of time. In investing, one must take his time to do necessary research and make a wise decision before purchasing any coin.

[Kristiyana]

On the other hand, don't forget that hodling is risky too.

But like I said before, every thing presents risks.  Going outside is a risk.  Laying in bed is a risk.  Holding Fiat is a big risk.  Trading is a big risk.

It is always all about choosing the smaller risk.  Going outside but using the sidewalk to avoid being ran over by a car.  Trading only money you would accept losing on such a thing.  Holding Fiat but making sure there are backup plans and investments too.  Choosing to hold on to Bitcoins is the least risky option and this is proved by its price history.  You can not lose any thing if you hold an Asset whose value only increases over time.

You can only consider holding of coin to be risk when you're holding the wrong one, if you're holding coin you need to look for a profiting coin to hold. I think holding of bitcoin is not that risky, reason been that bitcoin has the potential to increase in the value. moreover those Investor that usually invest in bitcoin they are always patient enough to hold on to it for long term investment,if you want to make a lot of profit from bitcoin investment, is all about been patient. in life I think patient is one of the key to success, if you're always patient in all your dealings is rest assured that you will make a better future. for example those Investor that invested on bitcoin when it has no value and they where patient enough to reserve it till this time,I think most of them are billionaires by now, that is the reward for being patient.