Does bitcoin reward investors based on amount purchased or based on patience?

[Jubilee58]

I have decided to bring this very topic here, because I overheard two people arguing about bitcoin reward system, one was saying the amount of bitcoin in your portfolio determines your profit, and the other person was emphasizing on patience as a reward factor. So I would love us here to make our various contributions, and make a glaring classification based on this. However, in my own opinion, i feel patience is the main thing that can give bitcoin investors their desired result.

If you lack patience, even though you bought huge amount of bitcoin, impatience can make you sell before the right time, and even be at loss. There are many people who invested in bitcoin, and lost their money, this doesn't mean they did not buy huge, but they were unable to persevere the bitcoin market turbulence, and decline in the bitcoin price.

Bitcoin does not majorly reward short term investors, and those who made it big today in the bitcoin market was as a result of patience. There are those who even bought fractions of bitcoin, but long term holding has yielded a significant result and profit.

[purple_sparkles]

I think both factors are important. If the investment amount is large, even a relatively small price increase can generate significant profit due to the size of the initial capital. At the same time, patience has also rewarded those who invested in bitcoin and didn’t touch their holdings over the long term. Those who bought bitcoin hoping to make quick profits, but didn’t wait and didn’t take the time to understand it, often sold at a loss. In this way, they paid for their unwillingness to learn and study bitcoin. Such mistakes are usually made due to inexperience.

[Mrbluntzy]

However, in my own opinion, i feel patience is the main thing that can give bitcoin investors their desired result.

If you are currently holding 0.00064 Bitcoin and your friend is holding 0.2 Bitcoin right now, assuming in 2 years time, Bitcoin got to $200k and your friend decided to sell, while you decide to patiently hold for another years and by that time Bitcoin has reached $300k, so you decided to sell then, the question now is, between you who sold after 4 years and your friend who sold 2 years earlier, who made more profit?

If you answered the question correctly, you will know that there's power in the number or fraction of coins you are holding, if you hold a small fraction of Bitcoin, even in 10 years time, you are going to make a very small profit but when you have a large amount of Bitcoin, you will also have massive profit. The higher your invested capital, the higher your reward.

[Ambatman]

Bitcoin itself doesn't reward except via mining
And I won't say Reward perse just result.
Capital matters
Patience had played a role
And others would say timing matters
If you bought Bitcoin worth $20 when it was $20K
Today you would have had around $77.

If you had bought Bitcoin worth $7000 when it was $65000
You would have had around $7700.

But the percentage ROI of the first was way higher.

[CryptoHeadlineNews]

I have decided to bring this very topic here, because I overheard two people arguing about bitcoin reward system, one was saying the amount of bitcoin in your portfolio determines your profit, and the other person was emphasizing on patience as a reward factor. So I would love us here to make our various contributions, and make a glaring classification based on this. However, in my own opinion, i feel patience is the main thing that can give bitcoin investors their desired result.

If you lack patience, even though you bought huge amount of bitcoin, impatience can make you sell before the right time, and even be at loss. There are many people who invested in bitcoin, and lost their money, this doesn't mean they did not buy huge, but they were unable to persevere the bitcoin market turbulence, and decline in the bitcoin price.

Bitcoin does not majorly reward short term investors, and those who made it big today in the bitcoin market was as a result of patience. There are those who even bought fractions of bitcoin, but long term holding has yielded a significant result and profit.

It's no doubt that both patience and amount invested both plays a major role in determining how much rewards you get as a Bitcoin investor. Because imagine buying 0.00001 BTC and holding it for 20years, you will notice that the profits gotten, despite being the same multiplier can never be the same with someone who invested 1 or 10 BTC and held it on for that same 20 years. And with that, it actually shows that both plays an important role in the success story of whoever wants to take Bitcoin serious as his/her means for long term investing. So if you are privileged to accumulate more, do it, and plan to hold long term, rather than limiting yourself by believing that patience matters more than amount invested.

[serjent05]

I have decided to bring this very topic here, because I overheard two people arguing about bitcoin reward system, one was saying the amount of bitcoin in your portfolio determines your profit, and the other person was emphasizing on patience as a reward factor. So I would love us here to make our various contributions, and make a glaring classification based on this. However, in my own opinion, i feel patience is the main thing that can give bitcoin investors their desired result.

It is knowledge, not primarily patience.  The effectiveness of once patience when it comes to investment and profit relies solely to the knowledge the person have.  Without knowledge, patience is nothing since even if we have patience but we lack the knowledge on when to sell our holdings, we will end up selling at a lower price.

If you lack patience, even though you bought huge amount of bitcoin, impatience can make you sell before the right time, and even be at loss. There are many people who invested in bitcoin, and lost their money, this doesn't mean they did not buy huge, but they were unable to persevere the bitcoin market turbulence, and decline in the bitcoin price.

If the investor lacks knowledge, he might not know when to sell his holdings with maximum profit.

Bitcoin does not majorly reward short term investors, and those who made it big today in the bitcoin market was as a result of patience. There are those who even bought fractions of bitcoin, but long term holding has yielded a significant result and profit.

It is due to their knowledge.  It is the knowledge that fuels their patience.  There are lots of holders that have patience but without knowledge, they are unable to know when to sell.  There are lots of example on altcoin trading history. Those who exercise patience without knowledge often ends up with bagholding worthless cryptocurrency.

[Zlantann]

Bitcoin does not majorly reward short term investors, and those who made it big today in the bitcoin market was as a result of patience. There are those who even bought fractions of bitcoin, but long term holding has yielded a significant result and profit.

Both patience and the amount are important. Those who bought and held Bitcoin for a long time would make a profit. The amount of profit would depend on how long the asset was held. Some short-term traders can make more money than a patient investor. Those who bought Bitcoin earlier last year, would have made a significant gain if they had sold between November and January. Any trader who dumps his Bitcoin because the price dropped is inexperienced. Sound traders have mastered the means to reduce risk and avoid losses.

[ColdLava40]

If you had bought Bitcoin worth $7000 when it was $65000
You would have had around $7700.

But the percentage ROI of the first was way higher.

It does maybe not how you view it.

I'll say both Patience and amount purchased determines your rewards in profits. In terms of rewards, only those who are able to go through the hardest times would earn them.

Like the op stated, patience pays in real time. But how many people would be able to exercise it? Buying low but selling too early is still a lose.

Some people after seeing then market recovering back above their buying price would quickly sell off thinking they just did the right thing. It's more like a waste of their holding cause they ended up selling off too early.

[Cookdata]

Both have strong opinions but circumstances varies in their application. In 2014 and 2016, it was cheaper to get Bitcoin back then, people that bought then had it cheaper but it wasn't to some people, dollar hasn't loss its purchasing power back then, so it was still difficult for many to buy 1 Bitcoin but if you do, you can get more Bitcoin than you could today and having patience to hold to now makes you a better return than if you do now; using same money to buy Bitcoin today will take you forever much more time to get the value of what you have today.

However, 1 Bitcoin is 1 Bitcoin, there is no difference on the protocol level, if you hold 1 Bitcoin today, that 1 will be the same but the price will be determine by the market forces. I don't know what the market will say tomorrow, I know of only the past and that's what I can speak confidently. If you are holding today, you will need patience to get good return and you need to hold it in significant amount.

[boyptc]

Based on purchase and patience.

They're the same IMHO.

We're all rewarded with how much we invest in it and how long we're going to wait. The others who are panicking, they don't have patience and when they see the market dumps a lot, they sell at loss and they're treating it as a cut loss.

But for me, that's not a cut loss but a time that's wasted for them.

[Luke3bird]

However, in my own opinion, i feel patience is the main thing that can give bitcoin investors their desired result.

If you lack patience, even though you bought huge amount of bitcoin, impatience can make you sell before the right time, and even be at loss.

Bitcoin does not majorly reward short term investors, and those who made it big today in the bitcoin market was as a result of patience. There are those who even bought fractions of bitcoin, but long term holding has yielded a significant result and profit.

Firstly people must buy bitcoin, have it in their portfolios, then they will have to hold those coins and wait for price growth to see their portfolio grows up in value, and it will give them chances of taking profit.

Bitcoin value and price grow with time so having patience for long term holding is very important to get profit with Bitcoin investment.

Having big or small capital for investment, it's the same as the investment success is in ROI so two investors with same entry price, same holding time, same take profit price, will have same ROI and they're both successful Bitcoin investors.

[m2017]

I have decided to bring this very topic here, because I overheard two people arguing about bitcoin reward system, one was saying the amount of bitcoin in your portfolio determines your profit, and the other person was emphasizing on patience as a reward factor. So I would love us here to make our various contributions, and make a glaring classification based on this. However, in my own opinion, i feel patience is the main thing that can give bitcoin investors their desired result.

Profit depends on the initial investment amount multiplied by patience (the profitability coefficient, in the case of bitcoin, depends on the duration of the investment, taking into account exchange rate fluctuations associated with a 4-year cycle).

If you lack patience, even though you bought huge amount of bitcoin, impatience can make you sell before the right time, and even be at loss. There are many people who invested in bitcoin, and lost their money, this doesn't mean they did not buy huge, but they were unable to persevere the bitcoin market turbulence, and decline in the bitcoin price.

Because there's a "time to buy" and a "time to sell". If you miss these "windows", you're in trouble.

Bitcoin does not majorly reward short term investors, and those who made it big today in the bitcoin market was as a result of patience. There are those who even bought fractions of bitcoin, but long term holding has yielded a significant result and profit.

Because with each year (cycle), bitcoin becomes more expensive. It's reasonable to assume that if this continues, it makes sense to be patient for the sake of greater profits.


"Does bitcoin reward investors based on amount purchased or based on patience?" - The reward in investments depends only on luck (the right choice).

[LogitechMouse]

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If you lack patience, even though you bought huge amount of bitcoin, impatience can make you sell before the right time, and even be at loss. There are many people who invested in bitcoin, and lost their money, this doesn't mean they did not buy huge, but they were unable to persevere the bitcoin market turbulence, and decline in the bitcoin price.

Bitcoin does not majorly reward short term investors, and those who made it big today in the bitcoin market was as a result of patience. There are those who even bought fractions of bitcoin, but long term holding has yielded a significant result and profit.

I'm thinking which is which, and TBH it's hard to just pick one because there are certain factors that we should consider in order to see which will give the most reward to an investor.

I partly disagree with the fact that Bitcoin don't reward short term investors because there are some who can still make profit off of Bitcoin even though they will just hold it for a short amount of time, and the best example is what happened in the span of just 3 months where Bitcoin went down to as low as $59,000 but now it's price is at $77,000. That for me is a short term, and it rewards those who took the opportunity and bought during it's lowest price or near it's recent lowest price. Bitcoin reward patient people? Well if we will be looking at the price history of Bitcoin, if you bought and held Bitcoin a decade ago, you could've made a huge amount of money already, but still it doesn't mean that you can't make money if you will just hold it for the short term.

You said it already that there are many impatient people who bought Bitcoin in the past and probably sold majority or all of their holdings already.

[Pi-network314159]

I have decided to bring this very topic here, because I overheard two people arguing about bitcoin reward system, one was saying the amount of bitcoin in your portfolio determines your profit, and the other person was emphasizing on patience as a reward factor. So I would love us here to make our various contributions, and make a glaring classification based on this. However, in my own opinion, i feel patience is the main thing that can give bitcoin investors their desired result.

It's the both, being patient and the amount of Bitcoin in your portfolio. Because if you don't have enough Bitcoin in your portfolio, no matter the patient you won't still make a substantial profit in the lung run. But if you have enough Bitcoin and have patience for a long period of Time, the accumulated Bitcoin will compound interest for you base on volatility. It's simple as that. Let's say if you have $100 the %10 profit will be $10 while another person with higher investment of about $100k investment will make a profit of about $10k in %10 growth, so definitely amount of investing matters a lot why patient increase the chance of making profit through volatility.

[hd49728]

It's the both, being patient and the amount of Bitcoin in your portfolio. Because if you don't have enough Bitcoin in your portfolio, no matter the patient you won't still make a substantial profit in the lung run. But if you have enough Bitcoin and have patience for a long period of Time, the accumulated Bitcoin will compound interest for you base on volatility. It's simple as that.

Disagree.

People have very different financial status and available capital for investment.
I disagree with you because if a person with only $100 budget for investment, and months later it turns to $200 so the person get $100 in profit, it's 100% ROI. It's a small money with rich people but with that person, the $100 is very big in money value and in investment profit. In my opinion, it's too wrong to say $100 profit with that person is small and not substantial.

Don't compare profit of a poor person with small investment capital to profit of a rich investor, they have different investment inputs so their profits must be different too.

[Marvelockg]

If you lack patience, even though you bought huge amount of bitcoin, impatience can make you sell before the right time, and even be at loss. There are many people who invested in bitcoin, and lost their money, this doesn't mean they did not buy huge, but they were unable to persevere the bitcoin market turbulence, and decline in the bitcoin price.

Patience is not enough, Thier should be a clear plan as to how you went to go about staying invested throughout the time You planned holding your asset. With the right plan on ground, it becomes easy to remain invested even when the value of bitcoin might even come down.

The factor that helps bring about good reward is dependent on how much you invest in bitcoin and how long you're able to let it stay combined with how high the value of bitcoin grows. These factors are different and are to be treated differently. The factor you can influence, it's appropriate you do all you can to influence it while the once you can't influence like the price of bitcoin, you just leave it the way they are  and try to stay committed to your investment goal. You don't intend being profitable In your investment if you're not patience as an investor...

[Publictalk792]

People mostly speak of Capital vs. Patience in context of Bitcoin, but sometimes we tend to lose sight that its wealth redistribution from impatient to patient. Yes, having large portfolio helps in terms of economies of scale, but it is also dangerous. If you think about someone with $1 million in Bitcoin and price fell by 10%, they are down $100k. That is far more than enough to give most people heart attack and sell-off. That is why we get whales getting liquidated just as easily as little retail fish. Larger your vessel, less likely you are to be able to manage 50% drawdown. I think Conviction is the reward factor. Otherwise, patience is waiting for something, and you do not know why. If you do not know technology, then you are merely speculating, and these people never are patient. Those who were successful over past decade were not just right to buy. They believed that fiat system was flawed. Market will test patience of owners of 0.1 BTC as well as 10 BTC. Only those who hold Bitcoin as savings account and not as trading pair will get through.

[arzuo]

The one who will lose patience here is the one who has invested in Bitcoin and this business without knowing it.
The question of investing in Bitcoin business and patience in this business will arise only when the investment is made with the aim of making quick profits from it. And those who buy Bitcoin only in the hope of profit without trading, actually do not know anything about Bitcoin, so they lose patience!
The truth is, there are many people involved in Bitcoin BTC who still do not know anything about the details of Bitcoin ( FUNDAMENTAL) and its basic benefits.

[Merit.s]

Just like other posters said above both of them are important to get a good result in future. This is why we advise people to buy bitcoin and hodli for long term with the amount of money that they afford to lose and DCA whenever, you can in order to increase the size of your stash overtime as you hodli.

In a long-term investment patient and the amount invested into the asset determines your profits. One thing with bitcoin is that the higher your portfolio the more the compounding value increases overtime.

[peter0425]

It’s both. Imagine if you bought huge amounts of bitcoin and held it for a long time.. that will reward you with huge returns as well. But you have to think that only the most privileged can allocate both amount and time to bitcoin. If you are not that rich, you will end up getting money from your funds.