What level of patience do you have when owning crypto ?

[jamesvince 2389]

I don't waste my time to five years for getting profit I have different strategies for getting profit from crypto market. Used different plans for short, medium and long term investment because every pumps lead one dumps surely as I noticed from last nine months I am working on crypto market. 

[CryptoLover21 0]

Patience is very important in every task not only in cryptocurrency. Investing in crypto is one the great achievement in life but what you need is patience to gain huge profit. If you are panic traders than you would get only small amount of profit. You have to wait until the price goes high and high.

[Dark_Sky 8489]

I'm not rushing selling my coins instead I'm waiting for a good opportunity on when to sell it because I want more profits and I'm keeping this kind of strategy. 

Patience is a key to success. 

[Hatred 1388]

On 1/24/2020 at 5:58 AM, Maxtron73 said:

After you buy crypto and bitcoin at again prices, how long can you have patience to wait for the next big rally to sell your coins for a profit? Are you able to wait e even a couple of years or is it too long for you ? As we all should know patience is key in these markets 

Well, actually I have a long patience, especially in the world of crypto. That's why if the price of bitcoin is going high and I want to buy one, I will wait. I will still wait until in goes down, even it will take couple of years before it happens. It is because I believe that if I wait it goes down, I can earn more profit from it. 

[Brushless4500KV 4214]

On 5/19/2020 at 10:11 PM, deboprotap said:

I heard a statement from a experienced trader that,if we can not hold a asset for minimum 3 years,we should not go for the asset.So I think long term vision is good for holding crypto.If you are a day trader or doing short trades then the fact is different for you.But for beginners I think at least 3 years of patience is important for long term hold.I am a long term holder

3 years of waiting?! This is much more than expected! It depends on the coin you buy but if you hold bitcoin for more than a year, you will lose rather than earn because bitcoin experiences big bull and bear markets at least every 2 months and this translates to 6 times per year (12/2 = 6)! You don't need to wait for such a long time as 3 years. It is better to sell after each bull market and invest for the next fall of the market. If you do this, you will earn multiple times during a year. There is no guarantee that the price of your coin will be doubled 3 years later.

[Virgil dijk 1431]

Well there is the saying that a patient dog eats the fastest bone, so patience is one of the key factors to success in crypto, well for me if I made researches about a certain coin and there is actually a signal of that coin rising in feature, I would invest and hold till any time it pumps, even if it takes a year to pump.

[DreamStage 2105]

Well that depends, as in case i need to sell immediatly i will just sell it and that's it for personal usage.

 

HODLing is another thing where i am saving some of my full investments for profit during time intervals and waiting for price pumps (that's where my patience relies 😉 )

 

Nevertheless you should always be patient else you will eventually lose everything.

[Brand1 1336]

Frankly, I have a very large patience while storing my currencies, I am buying currencies at low prices and waiting for a very long time until the price rises and reaches a level I can achieve good profits from and everyone must be patient to achieve profits because without patience we will not be able to achieve anything

[lharost 1526]

I'm a way more patient trader comparing to what I once was two years ago but I'm not perfect obviously and I lose patience too sometimes, we all always try to be more patient when owning crypto because we know that not having enough patience can result to losses or at least not success, but it does not matter how hard we try we can only get better but it doesn't mean we have total patience then and nothing can change that because we have emotions and that means we still can lose patience at times but in my opinion everyone can get at least 70-80% more patient if they train themselves in that way and have enough experience to help them.

Edited June 7, 2020 by lharost

[koussai999 1986]

Patience is the basis for cryptocurrencies. If you are a person without patience and cannot afford it, then I say that it is better for you to leave the field and go to another field because cryptocurrencies do not fit in with you.

[Omar Ommeish 4872]

Yes, patience is essential to making money, but I think I cannot be patient for several years. Maybe I can be patient for several months, no more. 

[Zalaks007 543]

I try to be patient enough when owning cryptocurrency before selling because I believe in patient been the key to success here on crypto. There was a time I hold Ethereum for almost a year before selling and I never regretted why I did so, because i was able to profit at the end.

[Iriswolfgang 200]

On 1/24/2020 at 5:58 AM, Maxtron73 said:

After you buy crypto and bitcoin at again prices, how long can you have patience to wait for the next big rally to sell your coins for a profit? Are you able to wait e even a couple of years or is it too long for you ? As we all should know patience is key in these markets 

When owning cryptocurrency it is important to have patience always because I think that it will be great if you will have patience in everything that you will do because people need to understand that knowledge and patience is very important to businesses

[BTC Future 3946]

On 6/14/2020 at 12:27 PM, Iriswolfgang said:

When owning cryptocurrency it is important to have patience always because I think that it will be great if you will have patience in everything that you will do because people need to understand that knowledge and patience is very important to businesses

Patience is fine when you hold something that you know it has value. In contrast people who bought Ripple for example at $3 should have sold at $2,75. They've been told to be patient as well and here are the results. XRP can easily keep going down for another 20 years the way Ripple is selling their premined coins.

[khan22 3478]

I have so many coins in my wallet and almost all coins give me loss at this time but i know that these coins will give me huge profit when the bull is come and the crypto market make huge high at this bull time and i make good amount of money then.

[gourav789 2834]

remember that patients is always key of success , without patients I didn't think that we are make a good trader .

whenever market is going down then leave your coin Till price didn't touch again a good price . At this situation I always go with long-term trading .

[Dark_Sky 8489]

On 6/14/2020 at 5:27 PM, Iriswolfgang said:

When owning cryptocurrency it is important to have patience always because I think that it will be great if you will have patience in everything that you will do because people need to understand that knowledge and patience is very important to businesses

Patience is one of the key to achieve success, when a person have it he can think for better strategies that he can use to reach his goal. 

[Pitepite 238]

I can wait for many years until. the inflation of bitcoin happens, if you are a strong believer of the bitcoin you will do the same way, you will get more profit if you can wait for many years.

[Nina khan 6]

You can exchange with any degree of persistence yet the sum you win or lose relies upon the amount you can endure undesirable conditions like falling costs. Persistence is for the most part required for long haul plans. You needn't bother with bunches of persistence in day by day exchanges. I have put some cash in bitcoin and have shown restraint for 2 months. I haven't sold it yet and need to hold it till the finish of 2020.

[Dark_Sky 8489]

I'm too much patience that I can hold my coins for a long time until I can decide whether if I'll do transactions or not. 

Having this characteristic leads me to think for a better strategy to do. 

I hope every people in cryptoworld have this. 

[Mcd0d0 5882]

Well for me, i can wait for a long time until the better value comes in a particular coin like bitcoin because i know that it can be benefited for me by selling it in a higher price to have a lot of money, that's how holders do right now.

[Jamaloo 192]

On the off chance that you truly plan to contribute for quite a while, at that point Bitcoin is the correct one for you. Since when Bitcoin is put away at quite a while the cost will likewise be not the same as in the past. We can sit tight years and for this you should show restraint in sitting tight for it.

[Solex 2262]

Being patience is the major key to success in cryptocurrency world whether you want to make good profit or you want to regain your loss, so I think waiting patiently for the market to boost is the best option for everyone who want to be successful in cryptoworld and for this reason I will wait for weeks, months, a year and even years as long as I will achieve my aim.

[Tine0313 3053]

I should wait until the price of bitcoin is really profitable, every expert says patience is the key, if we don't have a patience to wait i think we cannot earn really well in bitcoin, many expert says bitcoin will go up to the moon this year 2020 so we should wait until it happen.

[BTC Future 3946]

On 7/5/2020 at 5:23 AM, Tine0313 said:

I should wait until the price of bitcoin is really profitable, every expert says patience is the key, if we don't have a patience to wait i think we cannot earn really well in bitcoin, many expert says bitcoin will go up to the moon this year 2020 so we should wait until it happen.

Sadly I've been listening to these experts since 2018 claiming prices will recover and a new ATH is close, yet nothing like that happens. No new developments happening either. Perhaps bitcoin devs think that the code is perfect but I think we are far from this.