Bitcoin investment a test of faith and patience.

[Emeraldo]

Being patient with your Bitcoin investment won't be possible if you do not believe in it that something good will be coming out of it in the nearest future. Weak hands panic in times like this because they do not fully understand and believe in Bitcoin and its ability to recover. This should be a reminder to everyone who would read this post that Bitcoin rewards patience.

Everyone investing in Bitcoin always think and hope that they will be profitable soon and that is why some investors don't calculate or try to understand the market because they put their money to buy Bitcoin and hold. Some people still think that Bitcoin investment is on a platter of gold and no matter when they invest, they're going to make profits from it.
The way people see Bitcoin is different and when some are crying and complaining why the price of Bitcoin is falling, some people are busy buying and looking for new opportunity to buy again.

[Luzin]

The way people see Bitcoin is different and when some are crying and complaining why the price of Bitcoin is falling, some people are busy buying and looking for new opportunity to buy again.

That's how the market should be. Otherwise, who would be able to make a profit? Those who patiently hold tend to be the ones who succeed. Because there are no shortcuts. Buying and holding during a bear period is a tough challenge. We need patience and good emotional control. The market has to be like that; it has to go up or down.

[mirakal]

More than having faith and patience, bitcoin investment is also a test of consistency and resilience.

Many investors are just high-driven at the beginning but when price dump appears and losses become more visible, the consistency to keep buying and holding bitcoin started to vanish. And if being consistent get compromised, it's hard to practice being resilient especially if your drive and interest for bitcoin are no longer there.

[hero_the_bossman]

More than having faith and patience, bitcoin investment is also a test of consistency and resilience.

Many investors are just high-driven at the beginning but when price dump appears and losses become more visible, the consistency to keep buying and holding bitcoin started to vanish. And if being consistent get compromised, it's hard to practice being resilient especially if your drive and interest for bitcoin are no longer there.

To get rid of such mindset, one should truly get to know BTC..Otherwise, it will all end abruptly due to fear / wanting to see only green.

[fuguebtc]

The way people see Bitcoin is different and when some are crying and complaining why the price of Bitcoin is falling, some people are busy buying and looking for new opportunity to buy again.

That's how the market should be. Otherwise, who would be able to make a profit? Those who patiently hold tend to be the ones who succeed. Because there are no shortcuts. Buying and holding during a bear period is a tough challenge. We need patience and good emotional control. The market has to be like that; it has to go up or down.

Or in other words, thats the nature of the financial market in general, not just Bitcoin. Regardless of whether the market is in an uptrend or a downtrend, there will always be bulls and bears. There will never be a situation or period of time where there are only buyers and no sellers, or vice versa.

Money will transfer from weak hands to diamond hands and this applies to all financial markets, not just bitcoin and cryptocurrencies. There is no financial market where everyone wins.

[FortuneFollower]

The way people see Bitcoin is different and when some are crying and complaining why the price of Bitcoin is falling, some people are busy buying and looking for new opportunity to buy again.

That's how the market should be. Otherwise, who would be able to make a profit? Those who patiently hold tend to be the ones who succeed. Because there are no shortcuts. Buying and holding during a bear period is a tough challenge. We need patience and good emotional control. The market has to be like that; it has to go up or down.

Or in other words, thats the nature of the financial market in general, not just Bitcoin. Regardless of whether the market is in an uptrend or a downtrend, there will always be bulls and bears. There will never be a situation or period of time where there are only buyers and no sellers, or vice versa.

Money will transfer from weak hands to diamond hands and this applies to all financial markets, not just bitcoin and cryptocurrencies. There is no financial market where everyone wins.

And diamonds know how to make weak hands want to drop their small gains back into the ocean, where said sharks reside and move smart money here and there.. We need to understand this and think about it as a retailer, not someone with this kind of money..

[Oluwa-btc]

Bitcoin will always test your patience because of the high level of volatility.Strangely,if you don't understand what it's for,how it works and why it exists you'll eventually panic and lose it.But if you understand the fundamentals and risks involved,it becomes naturally and psychologically easy for you.The reason for this can be from a place misunderstanding cycles and Bitcoin entirely, misconceptions, and lack of knowledge.

[john_egbert]

Bitcoin will always test your patience because of the high level of volatility.Strangely,if you don't understand what it's for,how it works and why it exists you'll eventually panic and lose it.But if you understand the fundamentals and risks involved,it becomes naturally and psychologically easy for you.

Knowledge is power.

And power brings you the ability to be different to weak hands - to HODL, and to be free of nerves

[atookz]

Bitcoin is very volatile, and hence it has crashed down by well above 70 percent of its peak on multiple occasions, thus it is understandable that most people are filled with fear and doubt. Investors who desire to invest long term in bitcoin must be psychologically strong. As sudden changes may lead to panic and some losses because of the influence of emotions. Hence, it is a very important aspect of Bitcoin investment to be patient. Belief without plan may result to guess work, plan without patience may result into panic selling. Combining them all is better.

[Marvelockg]

The way people see Bitcoin is different and when some are crying and complaining why the price of Bitcoin is falling, some people are busy buying and looking for new opportunity to buy again.

Everything balls down to your understanding of bitcoin and wether or not your mind is completely made up to remain invested regardless of what happens in the short run. Investors have different belief system and that is the main difference between the one that stays invested regardless of the hurdles and the others that opt out whenever things seems unfavorable for him. Even from your early days of investing in bitcoin, one of the things you have to make peace with is that the journey is one that is gone through with patience and, an intentional heart and an high level of consistency. if you do anything less than that, you risk struggling whenever the market does bad.

[AprilioMP]

Every Assets that people invest into has it risk factors that ,are associated with it thesame could also  be said about Bitcoin, as Bitcoin is widely seen as a volatile asset. Making it price to always fluctuates as the price moves up and down this fluctuation in the price of Bitcoin has, made some people to be scared when ever Bitcoin is mentioned.I want to say that investment in Bitcoin is a test of faith and patience because, Bitcoin investment should be seen as a long term investment plan which will require you to have faith and patience no matter how the price of Bitcoin will behave. Because from what I can see when ever the price of Bitcoin is down it puts a test on somebody's faith and patience level to believe in the long term benefits associated with investing in Bitcoin .

What is expected from investments other than Bitcoin, such as stocks and others, is a multiple return on the capital invested when stocks fall because the elite's games cause money to sink as well. Unlike Bitcoin, here, in addition to the profit from the return on price, there is another goal that exceeds the profit in the form of a return on price, namely hedging. 1 Bitcoin = 1 Bitcoin. It's not like that there.
Bitcoin exists, but based on historical facts, in the long term, it can be minimized and can be done without having to have large capital because it can be DCA.

[salad daging]

More than having faith and patience, bitcoin investment is also a test of consistency and resilience.

Many investors are just high-driven at the beginning but when price dump appears and losses become more visible, the consistency to keep buying and holding bitcoin started to vanish. And if being consistent get compromised, it's hard to practice being resilient especially if your drive and interest for bitcoin are no longer there.

Also the strategy that should be implemented.

This is indeed a big test for an investor because maybe at the beginning they will be excited because they can buy at low prices, when the market goes down there is no reaction to the increase in boredom that makes them not become consistent, which in the end might think bitcoin will not go up again. Here you need experience so that every cycle that will be passed through then we can survive.

[Nathrixxx]

I will advise that before going into bitcoin investment then we should have a strong test of being patient because we may need more of this endurance during investments, we should also know that we are coming in for a volatile market and this appear to runs at various season, hence the need for us to learn more and more with time about bitcoin and how to maximize every opportunity in it for our own profitability before and after investment because it is a profitable asset and doing it wrong could make us go into losses except we do the right thing.

[uchegod-21]

Being patient with your Bitcoin investment won't be possible if you do not believe in it that something good will be coming out of it in the nearest future. Weak hands panic in times like this because they do not fully understand and believe in Bitcoin and its ability to recover. This should be a reminder to everyone who would read this post that Bitcoin rewards patience.

Everyone investing in Bitcoin always think and hope that they will be profitable soon and that is why some investors don't calculate or try to understand the market because they put their money to buy Bitcoin and hold. Some people still think that Bitcoin investment is on a platter of gold and no matter when they invest, they're going to make profits from it.
The way people see Bitcoin is different and when some are crying and complaining why the price of Bitcoin is falling, some people are busy buying and looking for new opportunity to buy again.

It is not  eryone that invests in bitcoin that truly understands what bitcoin is. It is times like this that tests investors patience to the point that we begin to see the kind of bitcoiner they are. As expected, alot of investors will panic because of how the market is now. Some had short term expectations of bitcoin when they bought bitcoins, but what is going on right now is not going in accordance with their plan. Some too had long term projections but missed the opportunity to withdraw when they were supposed to. These is commonly caused by greed.

Bitcoiners should not just be patient, they should have a clear entry and exit plan so the risk of missed opportunities and unnecessary panics will be avoided.

[Jegileman]

Bitcoin investment should be seen as a long term investment plan which will require you to have faith and patience no matter how the price of Bitcoin will behave. Because from what I can see when ever the price of Bitcoin is down it puts a test on somebody's faith and patience level to believe in the long term benefits associated with investing in Bitcoin .

Bitcoin investment requires patience in whatever way because without you exercising that, you would most probably not even stay long in the investment. Bitcoin is a long term investment and you’re not ready to invest until it for the long term, you would not find the investment appealing or in any way attractive to you. Bitcoin has been on a good path and it has been performing well since inception, so having full hope on the investment will give you a long term goal, a prospective one that will be beneficial to you in the long term. As long as you’re an investor of bitcoin, practicing patient and having faith in the investment is a must and won’t give you room to think otherwise or you won’t get the chance to hold for the long term.