What level of patience do you have when owning crypto ? - Page 10 - Crypto World - CryptoTalk.Org Jump to content
Maxtron73

What level of patience do you have when owning crypto ?

Recommended Posts

It depends with how the price will be in the market. If i will see any profit opportunity i will sell and take my profit immediately. But if it's a long wait profit i will trade other coins.

Share this post


Link to post
Share on other sites
On 8/10/2020 at 7:17 AM, Swapzone said:

Yeah, I agree you! If you can't have patience in crypto market then  you're not capable to invest in crypto markets.

Well lam also agree to this point patience really necessary in crypto market, but its depends how much profit we expect in this investment, because if invest in any coin we sets a target how much percent we want profit 20% 40% percent, according the profit we hold our coins but if we want huge profit then wait for decade, but I don't think its better strategy to wait for long time, in my opinion if we earn little bit profit in our investment then leave and reinvest in other currency, we do this regularly  then we earn profit also regularly.


 

   

Share this post


Link to post
Share on other sites

In crypto world there has some section like trading, invest and hold.. In different section you need have different level of patience becuase in trading the patience is much important..like if you do day trading then there has a chance to lose your money when Price dump and that time you need to Have patience.. In investment you need different level of patience                      

  • Useful or interesting 1
  • +3 1

Share this post


Link to post
Share on other sites

Patience is really a virtue here in cryptocurrency becwuse if you do have long patience then you can hold your money longer and i think that it is a nice ability to have because sometimes it isntempting to take money and sell because of the price that keeps rising. 

Share this post


Link to post
Share on other sites

You are absolutely correct! Patience is the key to hodl. And, for whatever (either long term or short term) you need patience. This is must!

Share this post


Link to post
Share on other sites

depends on the currency i am holding , if there are analysis that say there may be a future for this currency nd expecting to reach high price then i can hold it but if there is no expecting for it i don't think i will be able to be patient for long time until i exchange it

  • +1 1

Share this post


Link to post
Share on other sites

In fact when owning cryptocurrencies but you only aiming that's owned cryptos to cover your basics needs, the level of patients must be very low, but if you own cryptocurrencies but you still have more stocks of money, then the level of patients will be good. 

  • Useful or interesting 1
  • +2 1

Share this post


Link to post
Share on other sites

Patience is the main key point to get profit in crypto, cause you have to wait to gain profit untill the price of the coins up. But also a good experienced of the trading to get profit, you have to track every moment of the price and wait for the right moment.   

Share this post


Link to post
Share on other sites

I have kept a few coins for quite a while because of their unsatisfactory price. It is fine for me to wait several years as long as there are regular reports on the progress of the coin or token. 👍


 

YOUengine-cryptotalk.png.2ca158a48ed925f2af8f14fc1863c423.png

Share this post


Link to post
Share on other sites

think that if I knew that the coin would grow in value sooner or later and I could become a millionaire I could wait more than 5+ years

Share this post


Link to post
Share on other sites

Patient is key of course and if we are not patient we can lose profit. But when we trade we have to sell and take profit because this is the trade for. Also tight stop loss help so patient is important but may not mean that we lose all our funds for this.

Share this post


Link to post
Share on other sites

Its a little bit different we need to really have a good chance, when you look at how you invest its always good that you are able to value what you are able to look at the investment opportunities and it usually depend on the time you have invested that is really important and take it really well.

Share this post


Link to post
Share on other sites

I don't have a degree of tolerance by any means, as I just observe that the cost has fallen a piece, I promptly sell, so as not to lose cash. Thusly, I can't be a dealer, I can't persevere.

Share this post


Link to post
Share on other sites

In the world of cryptocurrencies, you have to be very patient, motivated by the great volatility of cryptocurrencies, today you can have profits and the next day you cannot. You have to be patient to study their behavior and the possible scenarios that may arise.

 

 

Share this post


Link to post
Share on other sites

Firstly, trading on the spot should not be on a loss if the person relies on analysis and on medium-term deals. Third, if the price falls below the purchase price, after a period of time it will return to him. The loss will not be present if the person waits and for this reason the trading should not affect Daily expense or only source of income.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

I don't invest in crypto, I invest in Bitcoin. I don't think altcoins have what it takes to be a good long term investment that can help after some years to bring good profits. On the other hand I think that Bitcoin is amazing and there are altcoins that can grow more like Ethereum but tell me would you invest for 2-5 years in Chainlink or in Bitcoin SV or I don't know what else is still priced in billions of marketcap?

  • +1 1

Share this post


Link to post
Share on other sites
On 1/24/2020 at 4:58 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 

It seems I can't wait for the bitcoin price to go up in a few more years, I don't have the patience to wait and hold it for a long time. I will sell when the target I set is reached, this is because I want to make a profit immediately.

  • Useful or interesting 1
  • +1 1

Share this post


Link to post
Share on other sites
On 1/23/2020 at 11:58 PM, 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?

You have to look at the chart and decide. We can't predict the future and there is no accuracy in what we read with predictions about $100,000 or more. We have to be in reality. Patience means that we don't need to lose all our money and some altcoins can easily do that. Bitcoin has a better chance and it is slower but safer to hold for years.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

A couple of years is how investment works. Maybe even more than just a few years as if you have checked prices by year, they are some times can be lower but it is a chart that is always moving up when it comes to stocks and Bitcoin. Maybe ten years will be a better idea for an investment to make the best profits.

  • +1 1

Share this post


Link to post
Share on other sites

You need patience level 9000. Meaning that if you buy Bitcoin it can crash next day but it will be back after some time that can be weeks or months or even years. It will crash but always crash higher from the price it started rising. It is a good time to buy these dips.

  • +2 1

Share this post


Link to post
Share on other sites

I had no patience at all when started but it is something that I understood after some time and it is something that everybody should find out on their own. We can explain how important this is but sometimes money is very needed and has to be withdrawn. For me I am trying to balance the needs and investments and not withdraw often.

  • +2 1

Share this post


Link to post
Share on other sites

I don't know what you mean friend. If you invest it can be an investment that you don't need patient but lock for 20 years and wait for your retirement. Maybe you misunderstand some things. Patience means that you don't screw your trade and sell just to make something very small and you will have to enter again later to make some more. 

  • +2 1

Share this post


Link to post
Share on other sites

Yeah you're right it is a matter of waiting for the right time, also you should have a knowledge about the analyzing the graph since it is a huge help to somehow predict the future price. In my case I'm willing to wait even if it took me years, but at least my waiting is worth it because I might make a huge profit by doing so. So if you are the type of person that has short patience then what I would suggestion is you need to improve yourself.

Share this post


Link to post
Share on other sites

I don't have a lot of patience when holding altcoins. If their value is one day $1000 and the next day $800 and dropping how much patience can you have. Even ethereum reached $500 and then dipped by 30% in one week this is very hard to be patient with altcoins. I am patient with Bitcoin.

Edited by annayks
  • +1 1

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Cryptolavka.com is a reliable exchange service designed for those who want to quickly, securely, and at a favorable rate exchange cryptocurrency online! The exchange operates 24/7 in automatic mode, without registration and mandatory verification - we value your privacy! We monitor the cleanliness of crypto through the AMLbot service.Cryptolavka works with the following cryptocurrencies: Bitcoin (BTC) Ethereum (ETH) Tether (USDT) Litecoin (LTC) Monero (XMR) Tron (TRX) Dogecoin (DOGE) Binance Coin (BSC) Bitcoin Cash (BCH) Solana (SOL) Dash (DASH) Matic (Polygon) Toncoin (TON) USDT Coin (USDC) Avalanche (AVAX) Cryptolavka works with the following banks: Sberbank Humo UzCard Cryptolavka works with the following electronic payment systems: Yandex Money (temporarily under maintenance) In the near future, the number of directions will increase!Advantages of Cryptolavka service: Low commissions Pleasant exchange rates 24/7 exchange High processing speed of applications, due to complete automation No registration and user verification required Cryptolavka on monitors: Bestchange KursExpert Crypto.ru The number of monitors is expanding, and we are also open to cooperation!Cryptolavka on reviews: Etorazvod Trustpilot WOT Mentions in online media: Crypto.ru Profinvestment Coinspot Cryptolavka Affiliate Program:Users have access to a single-level affiliate program, where you will receive 20% of net profit. Increasing the size of the affiliate reward is negotiated individually.Our contacts:Website: https://cryptolavka.com/Email: info@cryptolavka.comSupport on Telegram: https://t.me/cryptolavka_help
    • Increased Rain ☔️   We have some Easter treats in rain form 🐰   Get your umbrellas out and be sure to catch some rain for yourself over the next few days! 🌧
    • По-разному бывает. Я точно не помню уже названия, но несколько шитков максимальную цену имели как раз не на моменте старта, а примерно через пару дней, так что не все под одну гребенку надо делать. Главное, что зарабатывать можно)
    • Да, и это справедливо. Т.к. быть среди лидеров - очень тяжело и рискованно. 😎 Первая задача, то там насколько помню по кнопке Go переходит на бридж (мост), где нужно поменять тестовые токены ETH Sepolia на MINT? ETH Sepolia можно запросить на кранах, ввести запрос в гугле и найти подходящий. У меня они просто уже были на кошельке. Вторая задача только для тех, кто купил их NFT. Кстати, она сейчас стоит 0.318 ETH = 1100$, это к слову о лидерах, почему у них столько баллов. 😎  Сейчас их не перекинуть, ждем дальнейших анонсов. Возможно эти баллы сразу будут влиять на получение эирдропа MINT. 
    • Хороший обменник, как попадаю на него - так нет тревоги,один из не многих где проходит Сбербанк на покупку без блокировок.Все быстро, с курсом не играются все честно. Единственное что нехватает, это накопительная скидочка постоянным клиентам.
    • Да тут увы и так времени нет, а нужно ещё тратить это на дропы, ладно если там всё работало бы молниеносно, но нет всегда какие-то сбои и трудности ещё хуже отбивают мотивацию. И кстати появилась информация об IQ Аирдропе.   Где нужна активность в Гелакси, вот ссылка    https://galxe.com/IQProtocol/campaign/GCthYtTPih   Подробнее от раздаче можно почистить в их Твиттере     https://twitter.com/IQLabs_official   и инструкции в Медиуме   https://medium.com/iq-protocol/10m-iqt-megadrop-airdrop-campaign-is-live-from-iq-protocol-c991d16cba72      
    • Кийосаки опять решил хайпануть на популярной теме и вставил свои пять копеек ) ну и покупать ему наверное лучше после апреля, когда пройдет халвинг. скорее всего, ажиотаж немного спадет.
    • логично поддерживать свою экосистему, пусть даже и мемовые токены. особенно это выгодно децентрализованным биржам, которым мемкоины делают хороший оборот.
    • Дойдёт цена до этого уровня, если Биток будет снижаться к 65 к$, а если нет, то скорее всего будет дальнейшее стоять в этом де диапазоне и в целом пойти вверх, где скорее всего будет второй сценарий с ростом Битка к 70 к $.
    • Увы это было с тех самых давних времён, а везёт нам как видим не очень да и так было с большинством. Из-за чего, если какой-то проект выстрелит, то это можно будет назвать чудом и большой удачей. Да, пока что понятно это и видимо так будет ещё некоторое время продолжаться, но вот сколько это будет длиться, пока непонятно.
×
×
  • Create New...