PATIENCE IS NOT ENOUGH...

[Mate2237]

It's true that Bitcoin is a speculative and volatile asset which is not not always stable but I don't agree with you that Bitcoin will not be profitable as it is today in the next ten years as you are asserting in your thread. What you have to know is that Bitcoin is still an emerging asset that that is still in its early stage of regulation and even acceptance from the larger public.bitcoin is currently at a stage that is settings the stage for the future of how bitcoin will be.


Bitcoin hold a great future infact Bitcoin price will be become more stable in the future because over time Bitcoin will become a house hold name and become more popular. It's acceptance will become pronounced making it a very essential assets.

[Natalim]

I have seen how slowly the golden years of bitcoin started to fade, however that does not a guarantee that bitcoin is no longer profitable anymore. If you had a perfect market entry of the market and make a perfect exit as well, you will still be highly capable of making exceptional gains, especially if you have stored a significant amount of bitcoin in your portfolio. The profits are still there, you just learn to maximize the opportunity so you can expect for a bigger profitable gains as well.

Bitcoin will always be profitable, even though its not as profitable it is when it was still in its early years.

[Achalugo BTC]

Don't worry about the profit made by early investors, if you are not an early investors you will only be wasting time thinking about what if you have known about Bitcoin early.
You are not in any competition with the early buyers on who will make more profit so that should not be your paramount concern for now.
The good thing is that you have now to keep on accumulating, if you are consistently accumulating and keeping your Bitcoin asset very safe then patience is all you need.

Patience and determination can also work hand in hand if one really needs to be successful through accumulating Bitcoin, which will help one to consistently be accumulating even though things might be going as plans but with that determination will support on to patiently wait until it the results are good.
Having or thinking that patience is not really enough, then I don't think you really knows the policy of Bitcoin and the things or sacrifice to make for one to become steadying in accumulating in terms like this and also it's important for people to always take care of their assets just the way they care of their body, by protecting and securing their assets in order to prevent them from experiencing wasted efforts.

[Stormisover]

I have seen how slowly the golden years of bitcoin started to fade, however that does not a guarantee that bitcoin is no longer profitable anymore. If you had a perfect market entry of the market and make a perfect exit as well, you will still be highly capable of making exceptional gains, especially if you have stored a significant amount of bitcoin in your portfolio. The profits are still there, you just learn to maximize the opportunity so you can expect for a bigger profitable gains as well.

Bitcoin will always be profitable, even though its not as profitable it is when it was still in its early years.

Nothing has really changed about Bitcoin being profitable, those that has profitable bought and was able have that patient to hold for long, manage and safeguard their investment to a point they is ok to take profits and if the same approach is done people will still profit in Bitcoin because Bitcoin seems to have a longer way to go, alot of people may have it Bitcoin may not likely go far from here but that might not be true, Bitcoin is going to be more profitable than it's early years because of it's increasing demands and adoption. We can not compare the visibility of Bitcoin now and before.

[Gost ms]

I have seen how slowly the golden years of bitcoin started to fade, however that does not a guarantee that bitcoin is no longer profitable anymore. If you had a perfect market entry of the market and make a perfect exit as well, you will still be highly capable of making exceptional gains, especially if you have stored a significant amount of bitcoin in your portfolio. The profits are still there, you just learn to maximize the opportunity so you can expect for a bigger profitable gains as well.

Bitcoin will always be profitable, even though its not as profitable it is when it was still in its early years.

Nothing has really changed about Bitcoin being profitable, those that has profitable bought and was able have that patient to hold for long, manage and safeguard their investment to a point they is ok to take profits and if the same approach is done people will still profit in Bitcoin because Bitcoin seems to have a longer way to go, alot of people may have it Bitcoin may not likely go far from here but that might not be true, Bitcoin is going to be more profitable than it's early years because of it's increasing demands and adoption. We can not compare the visibility of Bitcoin now and before.

A person does not need much to profit from Bitcoin investment. If a person continues to invest consistently and does what is necessary to protect his investment and if he holds it for a long time, then he may profit from the investment. Looking at the current increase in demand for Bitcoin, it seems that the price of Bitcoin will soon rise above $ 150,000. For those who think that the price of Bitcoin is too high, I would like to remind them that Bitcoin is still in its early stages. Bitcoin has not yet reached Satoshi's goal. Bitcoin's goal is still far away. Therefore, we should continue investing without thinking about profiting from our investment.

[Tungbulu]

A person does not need much to profit from Bitcoin investment. If a person continues to invest consistently and does what is necessary to protect his investment and if he holds it for a long time, then he may profit from the investment. Looking at the current increase in demand for Bitcoin, it seems that the price of Bitcoin will soon rise above $ 150,000. For those who think that the price of Bitcoin is too high, I would like to remind them that Bitcoin is still in its early stages. Bitcoin has not yet reached Satoshi's goal. Bitcoin's goal is still far away. Therefore, we should continue investing without thinking about profiting from our investment.

You make a reasonable argument here. People are most likely to succeed in Bitcoin investment if they invest consistently, secure their asset and water the investment with patience, because like we already know, Bitcoin mostly rewards investors with such behavior, One of the strongest strategies as far as Bitcoin is concerned has been long term conviction.

 But the truth still remains that, no matter the amount of patience one has, if you’re not investing what you can afford to hold for years, it’ll be difficult to prepare your mind for volatility, and every dip would swing your emotions, which is mostly the reason why most investors end up making impulsive decisions that lands them in serious financial trouble.

[hero_the_bossman]

A person does not need much to profit from Bitcoin investment. If a person continues to invest consistently and does what is necessary to protect his investment and if he holds it for a long time, then he may profit from the investment. Looking at the current increase in demand for Bitcoin, it seems that the price of Bitcoin will soon rise above $ 150,000. For those who think that the price of Bitcoin is too high, I would like to remind them that Bitcoin is still in its early stages. Bitcoin has not yet reached Satoshi's goal. Bitcoin's goal is still far away. Therefore, we should continue investing without thinking about profiting from our investment.

What I would only add is that BTCs price is never too high, imo.

[7juju]

In your post, you have failed to point out the reason why you think bitcoin is not viable in today's reality than it was years ago. That big entities are coming in to bitcoin investment should be the more reasons why the price of bitcoin will skyrocket the more because demands will keep increasing. The only thing you will tell me that will make sense to me is that investing little money in bitcoin today and aiming to get a bigger return like the early investors did is no longer feasible. But if are able to accumulate a reasonable size of bitcoin and be able to hold for long and exercise patience, you are more likely to get a good profit than losing out entirely.

[ancafe]

But the truth still remains that, no matter the amount of patience one has, if you’re not investing what you can afford to hold for years, it’ll be difficult to prepare your mind for volatility, and every dip would swing your emotions, which is mostly the reason why most investors end up making impulsive decisions that lands them in serious financial trouble.

Patience without taking any action will not change the situation. Even if someone is patient enough to wait but doesn't take effective action, it won't help much. For some who have developed a strategy for their investments, patience during downturns is an alternative that can prevent them from losing money, and it is a definite step that everyone must have. Ultimately, patience will develop if someone understands the correct investment process, especially in assets that are quite speculative and difficult to predict.

Once this is established, novice investors can try several approaches, especially regarding investment involvement in Bitcoin. Ultimately, we hope to maximize profits from our investments, so a specific strategy is needed to accumulate them in a much more effective way like some of the methods we often talk about in forums.

[Tungbulu]

✂️✂️✂️✂️

Patience without taking any action will not change the situation. Even if someone is patient enough to wait but doesn't take effective action, it won't help much. For some who have developed a strategy for their investments, patience during downturns is an alternative that can prevent them from losing money, and it is a definite step that everyone must have. Ultimately, patience will develop if someone understands the correct investment process, especially in assets that are quite speculative and difficult to predict.

Definitely, inasmuch as patience is virtue and an essential component of every investment and life, the fact still remains that it is not the only thing that’s needed. You’re right that patience without taking or even knowing the adequate action to take afterwards wouldn’t amount to much. Every investor must first understand the asset they’re investing in, set their goals and know their risk tolerance level, as this usually helps investors make more informed decisions about their investment, know when to apply patience, know when to act, in fact understand the rules of engagement of that investment.

[Wildwest]

✂️✂️✂️✂️

Patience without taking any action will not change the situation. Even if someone is patient enough to wait but doesn't take effective action, it won't help much. For some who have developed a strategy for their investments, patience during downturns is an alternative that can prevent them from losing money, and it is a definite step that everyone must have. Ultimately, patience will develop if someone understands the correct investment process, especially in assets that are quite speculative and difficult to predict.

Definitely, inasmuch as patience is virtue and an essential component of every investment and life, the fact still remains that it is not the only thing that’s needed. You’re right that patience without taking or even knowing the adequate action to take afterwards wouldn’t amount to much. Every investor must first understand the asset they’re investing in, set their goals and know their risk tolerance level, as this usually helps investors make more informed decisions about their investment, know when to apply patience, know when to act, in fact understand the rules of engagement of that investment.

Actually whatever problem we are facing, we must have patience and also have to find a solution so that everything can run well, likewise with investing we must have our own strategy when monitoring the market and not be too hasty in making decisions so patience is the solution, everything we do has a purpose but to achieve that goal is not always easy, so patience is the main capital and besides that we must take effective steps so that everything can be achieved.

[@nn@_pen9]

Patience is not enough it can be true, but on the one hand patience is clearly an initial thing that we need to have apart from the belief that must still be done because after all even though there is no guarantee we can succeed in bitcoin but on the one hand when we still believe that bitcoin is one of the assets that can make us in financial freedom then it is still a reference for us even though it is risky.

Well patience is not enough but it's a major part of anyone success story with Bitcoin investments because without patience there would be so many times that many people who have started their investment would have sold out their Bitcoin all the sake of probably the bad season that is reflecting with that current price value of Bitcoin especially during the bear market. Patience and discipline is one of the many attributes also you need to have the vision to see the bigger picture because that's when you won't be shaken by the any dip or bad trend that's going with Bitcoin during your investment journey then at the long run success will be the other of the day.

Exactly. Patience is a key and crucial element in Bitcoin investing, as the market is volatile and often experiences extreme fluctuations. Therefore, Bitcoin investment requires a balance of patience, in-depth knowledge, strategic insight, and a wise accumulation strategy. Without this foundation, all patience can turn to despair and frustration when the price drops drastically. By combining all these elements, you will be better prepared to navigate the dynamics of the Bitcoin market and maximize your potential long-term profits.

[Finebone]

It's a logical fallacy to think Bitcoin won't bring high returns due to unpredictable price fluctuations.

Bitcoin is a speculative asset due to its volatile nature but compared to other altcoins the volatility of bitcoin is relatively lower. And it's practically unheard of to lose investing on bitcoin for a long time despite the unpredictability design, the only time you can lose is doing it for short period and selling prematurely. Bitcoin can give high profit but that would depend on the size of your portfolio and the the number of circles you have hold your investment with.

Bitcoin investment is still capable of making more millionaires in the market, but for that to be achieved, the investor needs numbers, he needs to accumulate a good stash of bitcoin just like your sentiment, and held for long, but if an investor decides to trade his Bitcoin for quick gains, their is a higher chances that he can't gain financially freedom like that and he may lose money in the process since trading is a game of losing and making money.
But where the higher risk are is in alt and meme coin, because since you can make a whole lot of money very quick, you can also lose a whole lot of money very quick, because it's more of gambling than investment, since they falls more than they rise.

[ancafe]

Definitely, inasmuch as patience is virtue and an essential component of every investment and life, the fact still remains that it is not the only thing that’s needed. You’re right that patience without taking or even knowing the adequate action to take afterwards wouldn’t amount to much. Every investor must first understand the asset they’re investing in, set their goals and know their risk tolerance level, as this usually helps investors make more informed decisions about their investment, know when to apply patience, know when to act, in fact understand the rules of engagement of that investment.

The most important concept is perhaps knowing what to do well, so that one has the knowledge of self-control. Thus, developing patience will arise from understanding the actions taken. We often see people being greedy and striving for success faster, especially when it comes to earning money. Sometimes they overlook the importance of building important things, not building them hastily, as it takes a long process to achieve success wherever we are.

When it comes to investing and trading, perhaps this cannot be done hastily. One must first learn about investing and trading so that every decision is based on sound knowledge and makes one more capable of making wise decisions. There is no success that can be achieved in a hurry because everything is a process that everyone needs to go through.

[Tungbulu]

The most important concept is perhaps knowing what to do well, so that one has the knowledge of self-control. Thus, developing patience will arise from understanding the actions taken. We often see people being greedy and striving for success faster, especially when it comes to earning money. Sometimes they overlook the importance of building important things, not building them hastily, as it takes a long process to achieve success wherever we are.

When it comes to investing and trading, perhaps this cannot be done hastily. One must first learn about investing and trading so that every decision is based on sound knowledge and makes one more capable of making wise decisions. There is no success that can be achieved in a hurry because everything is a process that everyone needs to go through.

Greed they say is a killer of dreams. It makes people chase quick success, especially with money. Greed fuels a person’s desire to achieve success or get rich so quickly that they mostly overlook the value of steady progress. They don’t wanna tend the soil but yet they want the harvest almost immediately, no patience, no discipline, no hard work, they don’t care the process, they just want the reward, but they forget that even if you manage to become rich via this method, it would only take time before all the money disappears because that wealth wasn’t built on a solid foundation. Every meaningful achievement takes time, even those investors who are considered to be the most successful didn’t just get there in a twinkle of an eye, they passed through the learning process, failed, made necessary adjustments and improved, and this is the process that shapes your wisdom.

[letteredhub]

Bitcoin is a speculative asset due to its volatile nature but compared to other altcoins the volatility of bitcoin is relatively lower. And it's practically unheard of to lose investing on bitcoin for a long time despite the unpredictability design, the only time you can lose is doing it for short period and selling prematurely. Bitcoin can give high profit but that would depend on the size of your portfolio and the the number of circles you have hold your investment with.

Bitcoin investment is still capable of making more millionaires in the market, but for that to be achieved, the investor needs numbers, he needs to accumulate a good stash of bitcoin just like your sentiment, and held for long, but if an investor decides to trade his Bitcoin for quick gains, their is a higher chances that he can't gain financially freedom like that and he may lose money in the process since trading is a game of losing and making money.
~

For the volatility of bitcoin for which price of the asset can rise and fall within a short time causing short term investors losses thay they might not recover, it's for this that the long term investment is preached as the best form of investment strategy for bitcoin because with time the investor is certain of recovering his loss and making profit as the price over a long period is influenced by innovations and macro economic dynamics that makes it value go upwards giving profit to the holders.

[Bushdark]

It's true that Bitcoin is a speculative and volatile asset which is not not always stable but I don't agree with you that Bitcoin will not be profitable as it is today in the next ten years as you are asserting in your thread. What you have to know is that Bitcoin is still an emerging asset that that is still in its early stage of regulation and even acceptance from the larger public.bitcoin is currently at a stage that is settings the stage for the future of how bitcoin will be.


Bitcoin hold a great future infact Bitcoin price will be become more stable in the future because over time Bitcoin will become a house hold name and become more popular. It's acceptance will become pronounced making it a very essential assets.

Since the price of Bitcoin is very volatile and we all know that except the newbies that are trying to make money from the crypto market, taking a good investment practice can help to reduce the possibility of Bitcoin investment becoming a lose when patience is involved.

It is true that patience is not enough to make money from the crypto market but some investors would not understand this because they always think that once you can hold for as long as possible, you are going to make profits from the market which is not true.
Money is involved and it's not just a small money, you will have to use big money to earn big from cryptocurrency investments.

[ancafe]

Greed they say is a killer of dreams. It makes people chase quick success, especially with money. Greed fuels a person’s desire to achieve success or get rich so quickly that they mostly overlook the value of steady progress. They don’t wanna tend the soil but yet they want the harvest almost immediately, no patience, no discipline, no hard work, they don’t care the process, they just want the reward, but they forget that even if you manage to become rich via this method, it would only take time before all the money disappears because that wealth wasn’t built on a solid foundation. Every meaningful achievement takes time, even those investors who are considered to be the most successful didn’t just get there in a twinkle of an eye, they passed through the learning process, failed, made necessary adjustments and improved, and this is the process that shapes your wisdom.

And this is true, and it even happens when someone is greedy and lacks self-control, because no winner comes from greed without self-control. Most people are never satisfied with their achievements, so they strive to increase their chances of achieving greater heights than before. However, without realizing it, greed can kill the dreams they have already achieved. Wherever we are, if greed remains unchecked, the path to success will be difficult, and conversely, greed can lead to greater destruction.

If you don't believe me, try practicing this in investing or trading and compare greed with someone who is disciplined in investing. Every activity we undertake requires discipline, and success may take time, as we often call it, a process. For those who can navigate this path good, I'm sure success will gradually follow not just talking about who is faster.

[Tungbulu]

And this is true, and it even happens when someone is greedy and lacks self-control, because no winner comes from greed without self-control. Most people are never satisfied with their achievements, so they strive to increase their chances of achieving greater heights than before. However, without realizing it, greed can kill the dreams they have already achieved. Wherever we are, if greed remains unchecked, the path to success will be difficult, and conversely, greed can lead to greater destruction.

Not that there’s something wrong with striving for a greater height, it’s normal to feel like your current situation isn’t good enough anymore and feel the need to expand, but when greed becomes your major drive or push, that’s where the problem often starts, because greed, just like you said earlier can make you miss it all while still thinking that you’re still on the right track. Because it will make you undermine and underestimate the power of gradual progress, so even when the opportunity comes or is handed to you in a platter, you’ll just miss it because it might appear small in your eyes and since you’re looking for the bigger fish, you’ll just miss it, when you could’ve simply taken it and developed it into something bigger and better.

[batang_bitcoin]

It is true that patience is not enough to make money from the crypto market but some investors would not understand this because they always think that once you can hold for as long as possible, you are going to make profits from the market which is not true.

There's half truth to that when you hold for so long to make profits because many have proven that to be effective in holding long with bitcoin.

Money is involved and it's not just a small money, you will have to use big money to earn big from cryptocurrency investments.

Not at all times.
If you have been too early, we saw those success stories of small amounts of investments with Bitcoin and they held for so long. I think that still can happen now but no longer with bitcoin.