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Author Topic: Being a patient person is more important than becoming a trader  (Read 676 times)
justdimin
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May 01, 2025, 11:16:32 AM
 #81

The idea of being patient should not be taken for granted but rather one should embrace it as a trade mark to speed up their trading process, no wonder the saying "the patient dog eat the fastest bone cannot be eliminated cause it has a vital force in taking that business or what you're involved into to another realm. Then I really don't have some atom of patience in me over alot of things, it just seems like it's all wasting my time but I bad to learn through that same means and i can beat my chest to it that patience really worth the wait.
Patience is a word that seems simple but in reality is a difficult thing to do. There may not be valid data on this, but from what I have seen and experienced, patience is one of the biggest factors that contribute to failure.

I agree with you that we must find the best way so that our patience can bear sweet fruit in the end. because being patient alone is not enough without the efforts we make. Especially in trading like this where we know what the risks are.
It actually isn't. Like I told people this before, but whne you just buy and hold, you are doing NOTHING in reality. Not even joking, you just buy and then you do absolutely nothing, and explained this many times and for some reason nobody understood it, I think that is the most important part and if you can consider it as nothing then you are going to get richer.

Patience is important but in reality patience is just saying someone they should be doing nothing at all and if they can do this then you are going to make a lot more money and you can definitely get a greater result. Shouldn't it be simple enough that you could get a greater income for it and if you can do that then you are going to see plenty of returns and should not be shocked that doing literally nothing equals to more money.

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May 01, 2025, 11:19:16 AM
 #82

The idea of being patient should not be taken for granted but rather one should embrace it as a trade mark to speed up their trading process, no wonder the saying "the patient dog eat the fastest bone cannot be eliminated cause it has a vital force in taking that business or what you're involved into to another realm. Then I really don't have some atom of patience in me over alot of things, it just seems like it's all wasting my time but I bad to learn through that same means and i can beat my chest to it that patience really worth the wait.
Patience is a word that seems simple but in reality is a difficult thing to do. There may not be valid data on this, but from what I have seen and experienced, patience is one of the biggest factors that contribute to failure.

I agree with you that we must find the best way so that our patience can bear sweet fruit in the end. because being patient alone is not enough without the efforts we make. Especially in trading like this where we know what the risks are.
It actually isn't. Like I told people this before, but whne you just buy and hold, you are doing NOTHING in reality. Not even joking, you just buy and then you do absolutely nothing, and explained this many times and for some reason nobody understood it, I think that is the most important part and if you can consider it as nothing then you are going to get richer.

Patience is important but in reality patience is just saying someone they should be doing nothing at all and if they can do this then you are going to make a lot more money and you can definitely get a greater result. Shouldn't it be simple enough that you could get a greater income for it and if you can do that then you are going to see plenty of returns and should not be shocked that doing literally nothing equals to more money.

Patience is good, but how to become a trader in 2025, now the threshold for entry into trading is too high, a lot of nuances.
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May 01, 2025, 08:56:34 PM
 #83

The idea of being patient should not be taken for granted but rather one should embrace it as a trade mark to speed up their trading process, no wonder the saying "the patient dog eat the fastest bone cannot be eliminated cause it has a vital force in taking that business or what you're involved into to another realm. Then I really don't have some atom of patience in me over alot of things, it just seems like it's all wasting my time but I bad to learn through that same means and i can beat my chest to it that patience really worth the wait.
Patience is a word that seems simple but in reality is a difficult thing to do. There may not be valid data on this, but from what I have seen and experienced, patience is one of the biggest factors that contribute to failure.

I agree with you that we must find the best way so that our patience can bear sweet fruit in the end. because being patient alone is not enough without the efforts we make. Especially in trading like this where we know what the risks are.
It actually isn't. Like I told people this before, but whne you just buy and hold, you are doing NOTHING in reality. Not even joking, you just buy and then you do absolutely nothing, and explained this many times and for some reason nobody understood it, I think that is the most important part and if you can consider it as nothing then you are going to get richer.

Patience is important but in reality patience is just saying someone they should be doing nothing at all and if they can do this then you are going to make a lot more money and you can definitely get a greater result. Shouldn't it be simple enough that you could get a greater income for it and if you can do that then you are going to see plenty of returns and should not be shocked that doing literally nothing equals to more money.
Making a lot more of money will be that still questionable because even if we do say that we do tend to have that plans on holding but still it wont be giving out that guarantee that we can be rich. Of course it will be that still depending or basing up into the amount that you had invested, because if you do have just that put up a small amount and even lets say that you do hold up for how many years but still it wont be enough for you to be able to get rich. Somehow its not something a reason that will be making yourself that getting discourage because you wont know that those amounts you've been holding might be ending up on how many folds in the future but just like been said that its better not to make yourself that be optimistic or positive too much about it because it will be still varying on how much that you had invested or holding in the first place. So it will be that up to you on how you would be handling up yourself and making up some choices.

Being patient is good but we do know that not all people will be having that patience on which simply means that there's a specific period on which you would be needing up for yourself to sell out your position.
There are those who cant be able to wait up for a long time before they can make up such selling decision on which its that important that you do really know on where you do find yourself fit out.
There are that those times that you cant be able to determine or discover on which kind of career path that  you would be taking into.

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May 01, 2025, 09:14:25 PM
 #84

Patience is good, but how to become a trader in 2025, now the threshold for entry into trading is too high, a lot of nuances.

The entry threshold for trading is still very low. With only a few dozen bucks, you can already start trading. But since you have a small deposit, the profit will be very low, and losing it in case of an unsuccessfully opened order will be very high.

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May 01, 2025, 10:56:23 PM
 #85

When we say a reliable and profitable trader, that’s already a complete package, meaning discipline and patience are already included. You can’t be patient if you aren’t a real trader, just like it’s hard for you to become disciplined if you aren’t committed to the real world of trading.

So I don’t agree with this OP’s narrative that being patient is more important than being a trader itself. Once you enter trading, having a long stretch of patience is already part of it. However, being patient is just a portion out of those requirements that are needed to be a successful trader. There’s more to just being patient alone.


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May 01, 2025, 10:59:41 PM
 #86

Patience is good, but how to become a trader in 2025, now the threshold for entry into trading is too high, a lot of nuances.

If you can't make a profit with a small amount of money, then you won't make a big profit with a lot of money. In the case of cryptocurrency trading, it all comes down to patience, being able to buy low, waiting several weeks until there is at least a decent increase and then selling if there is a strong bullish trend reversal indicator. This is a market where people who HODL can make long-term profits, and you see, it is more advantageous to be a long-term investor than a short-term trader.

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May 02, 2025, 07:16:22 AM
 #87

Patience is good, but how to become a trader in 2025, now the threshold for entry into trading is too high, a lot of nuances.

If you can't make a profit with a small amount of money, then you won't make a big profit with a lot of money. In the case of cryptocurrency trading, it all comes down to patience, being able to buy low, waiting several weeks until there is at least a decent increase and then selling if there is a strong bullish trend reversal indicator. This is a market where people who HODL can make long-term profits, and you see, it is more advantageous to be a long-term investor than a short-term trader.

How do you know which coins to trade, which are better to avoid? How do you predict the growth of coins?
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May 02, 2025, 03:26:40 PM
 #88

Patience is good, but how to become a trader in 2025, now the threshold for entry into trading is too high, a lot of nuances.

If you can't make a profit with a small amount of money, then you won't make a big profit with a lot of money. In the case of cryptocurrency trading, it all comes down to patience, being able to buy low, waiting several weeks until there is at least a decent increase and then selling if there is a strong bullish trend reversal indicator. This is a market where people who HODL can make long-term profits, and you see, it is more advantageous to be a long-term investor than a short-term trader.

How do you know which coins to trade, which are better to avoid? How do you predict the growth of coins?
Trade reputable coins and understand the purpose of the project behind the coin then consider the market cap and also its liquidity and also see how big the community is supporting them besides that you should keep an eye on the latest news about the coins you are going to trade. Things like this are easy to say but will still be difficult to do because there are still many factors that will cause failure therefore trading is almost like gambling because after all the future cannot be predicted. As @slow death said it is better to be a long-term investor with one asset choice which is Bitcoin. Wink

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May 02, 2025, 06:52:13 PM
 #89

If you can't make a profit with a small amount of money, then you won't make a big profit with a lot of money. In the case of cryptocurrency trading, it all comes down to patience, being able to buy low, waiting several weeks until there is at least a decent increase and then selling if there is a strong bullish trend reversal indicator. This is a market where people who HODL can make long-term profits, and you see, it is more advantageous to be a long-term investor than a short-term trader.


And there is no choice than starting with a small amount of money should be use in the process because when you start small you will be able to actually go a long way if you can manage small amount of money, infact people should start with a demo account and this is like the easiest way for them to actually learn better and not burn cash because when you are learning or even practicing you will waste a lot of money.

And when you are starting with actually money you start small and that way you will be able to gain more experience and when you exactly the amount to use and the more you trade the more you actually gain more experience you won't have a choice than to have patience because that is what everyone that love trading do because they want to grow and growth comes with a lot of responsibility. And even holding is not that easy because you still have to also wait for a very long time.











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Lanatsa
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May 02, 2025, 09:59:13 PM
Last edit: May 03, 2025, 01:02:35 PM by Lanatsa
Merited by Zadicar (1)
 #90

Patience is good, but how to become a trader in 2025, now the threshold for entry into trading is too high, a lot of nuances.

If you can't make a profit with a small amount of money, then you won't make a big profit with a lot of money. In the case of cryptocurrency trading, it all comes down to patience, being able to buy low, waiting several weeks until there is at least a decent increase and then selling if there is a strong bullish trend reversal indicator. This is a market where people who HODL can make long-term profits, and you see, it is more advantageous to be a long-term investor than a short-term trader.

How do you know which coins to trade, which are better to avoid? How do you predict the growth of coins?
Trade reputable coins and understand the purpose of the project behind the coin then consider the market cap and also its liquidity and also see how big the community is supporting them besides that you should keep an eye on the latest news about the coins you are going to trade. Things like this are easy to say but will still be difficult to do because there are still many factors that will cause failure therefore trading is almost like gambling because after all the future cannot be predicted. As @slow death said it is better to be a long-term investor with one asset choice which is Bitcoin. Wink
These are the points on which you do need up to look into when you are holding up a coin for long term on which you can be able to say that it is that worth on holding because of having its utility and you can say that it does have the potential, but still you do need also to look out if the said coin does have that particular community support because everything would be useless if you wont be able to see that community support and recognition or simply with the demand. Patience is that important specially if you are holding or even on short term on which finding out opportunities on entry and exits does require patience and if you arent that good when it comes into this aspect then you will be that prone into tons of mistakes on which it causes up for you to have that mistakes and errors, although this one is inevitable but once you are knowledgeable then you can be able to lessen up the risks.

Patience is virtue as we do all know but too much patience will definitely be resulting into missed opportunities or chances for you to make money and this is something that you do need up to consider out first.
There's no way that you cant be able to notice out at the moment that you are in greens, it is just that there are those times or moments that you do become that desperate on which it will be resulting into those actions on which arent supposed to be done in the first place. There are those times or moments that you do have that hesitation on doing up decisions just because you've been that wanting something for it to be achieved or be reached out.

R


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alastantiger
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May 03, 2025, 10:20:03 PM
 #91

Patience is important but in reality patience is just saying someone they should be doing nothing at all and if they can do this then you are going to make a lot more money and you can definitely get a greater result. Shouldn't it be simple enough that you could get a greater income for it and if you can do that then you are going to see plenty of returns and should not be shocked that doing literally nothing equals to more money.

I don't recommended patience without proper planning for any traders, all traders should be patient with the market but not to be too patient that they forget that they're traders and not investors that need patience more than the traders. A trader isn't meant to be seeing his portfolio collapsing and then be patient when he could have taken some actions that'll reduce the quantity of the losses that they'll get. Becoming a trader is more important, when you become a trader, you'll learn to be patient naturally but when you're just the patient type without having any knowledge of trading then you can't actually become a trader. For someone that has lots of patience, what fit them to become are investors because with their patience, they can hodl for long without selling.

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May 03, 2025, 10:37:14 PM
 #92

I don't think it's a question of patience, but rather of prudence. I've said this a few times. If the project is really worth it, having been studied in advance before investing any money, I don't see a problem in waiting (being patient), because I know it will bring me a return. Now, if I bought it on emotion without even knowing what it was about, just because it looked like a “pump”, I'll take a small profit, if possible, and then exit. There are risks that it's better not to take.

 
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May 07, 2025, 08:06:22 AM
 #93

Patience is good, but how to become a trader in 2025, now the threshold for entry into trading is too high, a lot of nuances.

If you can't make a profit with a small amount of money, then you won't make a big profit with a lot of money. In the case of cryptocurrency trading, it all comes down to patience, being able to buy low, waiting several weeks until there is at least a decent increase and then selling if there is a strong bullish trend reversal indicator. This is a market where people who HODL can make long-term profits, and you see, it is more advantageous to be a long-term investor than a short-term trader.

How do you know which coins to trade, which are better to avoid? How do you predict the growth of coins?
Trade reputable coins and understand the purpose of the project behind the coin then consider the market cap and also its liquidity and also see how big the community is supporting them besides that you should keep an eye on the latest news about the coins you are going to trade. Things like this are easy to say but will still be difficult to do because there are still many factors that will cause failure therefore trading is almost like gambling because after all the future cannot be predicted. As @slow death said it is better to be a long-term investor with one asset choice which is Bitcoin. Wink

Gotta dig deeper into this topic  looks like you could actually make a living off it  Grin Gonna start with some cheaper coins just to get a better feel for how this whole thing works
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May 07, 2025, 09:47:13 PM
 #94

I don't think it's a question of patience, but rather of prudence. I've said this a few times. If the project is really worth it, having been studied in advance before investing any money, I don't see a problem in waiting (being patient), because I know it will bring me a return. Now, if I bought it on emotion without even knowing what it was about, just because it looked like a “pump”, I'll take a small profit, if possible, and then exit. There are risks that it's better not to take.

There are some project that are not worth been patience, you will be having patience and you will be dying slowly because your portfolio would be unrecognizable by the time you check. Look at most of tbe coins that has been listed this year, they are down by 90%, only few of them left with some list gains they have had and now imagine that you have been holding on such position for long thinking that you are going to have a decent come back later, you might not recover your money after years of holding.

If you are going to have a patience, let it be for a coin that is going to worth it. Let it be a coin that has done it many times, don't open position with coins that will go down and wouldn't return again, don't trade coins that are not going to eat up all you have work for a long time. Don't trade coins that people might not come back to especially when the supply is controlled by whales or the team, they will likely continue to dump on you while been patience.

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May 11, 2025, 09:06:36 PM
 #95

Patience is good, but how to become a trader in 2025, now the threshold for entry into trading is too high, a lot of nuances.

Trading cryptos is now more easier then ever, so i don't know about that threshold. It's more legitimate and common as well, so you actually feel secure to put your money in. Back in time this was way more uncertain, and people think it was somehow more easier to enter because price was "low". It wasn't. Price has been relative all along, and no one knew it would blow up.

People were selling bitcoin when it was dollars, they were selling when it was 100 and 1000 as well.

Why would anyone think it was easier to enter with same amount of money they are considering putting in now? That's a mystery to me. Also CEXes were way more unreliable with their exit scamming.

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May 12, 2025, 02:25:06 PM
 #96

What you are trying to say here in essence is patience is something you must have before you think about becoming a trader, that makes sense... patience is a virtue and it goes a long way in every ramification of life, a trader without patience will always be swayed by emotional feelings and also be very agitated when he or she is losing money..This is why you must be ready mentally before you think of starting your trading journey.

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