MMysterious
Sr. Member
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Activity: 972
Merit: 255
Bear season or just the beginning
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October 13, 2017, 03:34:01 PM |
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Yes actually in trading you really need patience and holding especially when you want to profit much in time. Mostly traders would want to go for long term trading instead of short term so they could profit more than what they could get out of day trades. But you should really need to read more first about the basics of trading to understand it further more.
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streazight
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October 13, 2017, 03:37:37 PM |
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Patience and Holding both are most important in the crypto world. Only patients can be the right way to earn much profit from your holding. If you can be patient so you can not shine in cryptocurrency.
You cannot even hold for long without patience. Most times some news will get flashed at you or you see some crazy movements only to start shivering and selling fast. And some even gets anxious once they see a huge profit and then quickly sell. At this stage, the best is to be patient, wait for as long as you can and make your decisions when you feel it is right and also own up to them whichever way.
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Carreuh
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October 13, 2017, 03:56:29 PM |
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At least already know what mistakes we make on bitcoin we have. However, we still should be grateful because of bitcoin we can get better growth than before we get to know.
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malikusama
Copper Member
Sr. Member
Offline
Activity: 1050
Merit: 294
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October 13, 2017, 04:44:51 PM |
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Ive been wrong that i withdraw all my earnings on trading .. i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts.. hmm .. too bad for me now bitcoins is still aiming high ..
Patience is the basic thing you should have if you are going to trade and especially if you are in cryptocurrency trading. Some people curse crypto trading by complaining that they suffered a loss, the main reason of their failure was always lack of patience and panic selling. Mostly people get scared of price fall and sell their coins in panic at low price, this led them to failure or loss.
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Idrisu
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October 13, 2017, 06:10:25 PM |
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You did not need to sell any coins at lose especially now that we are still at the early stages of cryptocoins development. You just have to train yourself on how to trade professionally. Professionals traders has this genreal attributes in trading, they buy low and sell high with serious discipline not to ever sell at loses. They are patients with coins movement and never force the market to move in their wish directions. Coins market has its own mind and you have to follow the direction of its mind by buying low and sell when the price appreciate.those that sell their coins last time when the price fell to $3,000 are now regretting as bitcoin move to $5600.
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seekoin
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October 13, 2017, 06:42:12 PM |
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You guys, I give you the secret that made me rich with Bitcoin: buy for few dollars/euros every sunday regardless of the price and record everything in an Excel/Calc worksheet. Wait for a while, sell when you profit and compound . That's all you need to know. Keep it simple and stupid it's worth
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Akash1243
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October 13, 2017, 07:05:25 PM |
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Patience and holding is the key to the profit in bitcoins or in any other crypto currencies.Bitcoins are still in developing phase so holding is a great option as it has potential to grow even more.Also that a fork is coming which is so called dividend, that is one if the reason why bitcoins prices rises like anything as everyone wants to gain profits from the fork.I think that keeping an eye on the bitcoins news, its dropping and rising as it is all very important as bitcoins are unpredictable but can be easily manipulated like China banning ICOs had a great affected on the price.
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corroze
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October 13, 2017, 11:10:51 PM |
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Holding bitcoin for the next few years is certainly a lucrative investment and i think is quite safe, and has a slight risk of loss when compared to short-term investments or trading that have a risk of loss even though trading is a quick way to get bitcoin but certainly for those who have the ability in trading.
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RayDali0
Newbie
Offline
Activity: 57
Merit: 0
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October 13, 2017, 11:52:55 PM |
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HODL BTC is the best, Another best thing: buy altcoins a little by a little, You ll regret it if you miss it
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eann014
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October 14, 2017, 01:07:54 AM Last edit: October 14, 2017, 03:26:13 AM by eann014 |
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Ugh. I've lost so much potential profit by not being patient and not believing in bitcoin--but I don't dwell on it, since none of us knows what the future holds. And that's the main reason why I don't trade altcoins. The market volatility is insane, and I don't have the stomach to be patient in a market where you could potentially lose literally everything in an instant.
Once I get my debt settled, I'll be buying some bitcoin to hold on to. But no altcoins for me.
Holding of bitcoin and being patient is the key to earn more bitcoin. If we know how to wait then invest today. For sure bitcoin price will going to rise again. Just be careful on next fork. Correct. The more you/anyone hold the better will be at the end, when you want to withdrawal. Sometimes is hard to be patients when price go up and you/me/he see the opportunity to make money and try to sell but then in few day price goes again and you see wasted opportunity. Both patience and holding need to be crucial here if everyone want to get more out of this. That's true, that's already happens to me. I've withdraw my bitcoin since I think that is already the highest rate of it but I am wrong. It goes up so high and I am wasted that opportunity.
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aardvark15
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October 14, 2017, 01:28:20 AM |
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Ive been wrong that i withdraw all my earnings on trading .. i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts.. hmm .. too bad for me now bitcoins is still aiming high ..
If Bitcoin and the major altcoins are going to keep increasing in value at this rate, holding is a very good investment strategy in my opinion. Trading is very difficult if the price just keeps rising because it's hard to determine when to sell. Trading also takes a lot of time and work. It seem that we might be better off to buy hold and forget about it for a few years and we'll be okay. The coins that I'm not so sure about are the ones that are currently not in the top ten in market cap. Some of those could slip down and not survive long term so it would be better to keep an eye on those coins and rebalance your portfolio as needed.
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Cosbycoin
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October 14, 2017, 05:42:10 AM |
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Ive been wrong that i withdraw all my earnings on trading .. i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts.. hmm .. too bad for me now bitcoins is still aiming high ..
Well, you still have not lost anything, come back and do everything right, the main thing is that you realized it in time, and the rest for the small one. So everything is in your hands, and if you doubt it, you better stay with what you have now. It is better to be late than never. So you can still manage to start the things once again as you have everything in your hand. Like you said, there are so many thing which one learn with his own personnel experience. Moreover if you want to hold your bitcoins, then there is only one condition and that is you need to remain patient no matter what the circumstances are.
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Farma
Legendary
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Activity: 2674
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Leading Crypto Sports Betting & Casino Platform
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October 14, 2017, 06:10:30 AM |
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well, now might be the right time to be patient, and calm, in holding bitcoin. it is possible that bitcoin prices will rise above the $ 6000 price in the near future. Well, this month really gives the holders a big advantage
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Innerpumper
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October 14, 2017, 06:16:10 AM |
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Patience is needed in trade because if not then braced not fortunately even loss. I myself often panic when traded from here I understand trading bitcoin and altcoin must have patience.
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marcous
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October 14, 2017, 06:22:02 AM |
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Ive been wrong that i withdraw all my earnings on trading .. i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts.. hmm .. too bad for me now bitcoins is still aiming high ..
its so unfortunate,,, never withdrawl all your earning,your capital should be able to developed. you must preparing your psychology/mental on trading world.if you want coin holder be patient,because usually in 2 or 3 month there is price increase in market.
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marketone
Legendary
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Activity: 1302
Merit: 1000
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October 14, 2017, 06:35:06 AM |
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Ive been wrong that i withdraw all my earnings on trading .. i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts.. hmm .. too bad for me now bitcoins is still aiming high ..
Yeah. Bitcoin now has a huge amount, and a lot of people whos holding there bitcoin are happy and bitcoin still continue to rise because they have a lot of patience to wait for the right time to sell. I think nobody has an exact guess about the Bitcoin price people who are holding and has patience are now making benefits from the Bitcoin price. In this trading, we always need to have patience and wait for your turn when your target price is reached.
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naidray
Legendary
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Activity: 1232
Merit: 1029
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October 14, 2017, 08:14:04 AM |
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Ugh. I've lost so much potential profit by not being patient and not believing in bitcoin--but I don't dwell on it, since none of us knows what the future holds. And that's the main reason why I don't trade altcoins. The market volatility is insane, and I don't have the stomach to be patient in a market where you could potentially lose literally everything in an instant.
Once I get my debt settled, I'll be buying some bitcoin to hold on to. But no altcoins for me.
Holding of bitcoin and being patient is the key to earn more bitcoin. If we know how to wait, then invest today. For sure bitcoin price will going to rise again. Just be careful on next fork. It is not really the key to earn more bitcoin unless you are buying more of course, it is just the key to stay safe earning more value in USD from what you are holding. Your bitcoin cannot multiply itself in your wallet if you are not putting it to work, the only difference is that your assets are intact and the risk of having to invest it in other things is no longer there.
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bitgolden
Legendary
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Activity: 2940
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
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October 14, 2017, 08:56:05 AM |
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Patience and holding is the key to the profit in bitcoins or in any other crypto currencies.Bitcoins are still in developing phase so holding is a great option as it has potential to grow even more.Also that a fork is coming which is so called dividend, that is one if the reason why bitcoins prices rises like anything as everyone wants to gain profits from the fork.I think that keeping an eye on the bitcoins news, its dropping and rising as it is all very important as bitcoins are unpredictable but can be easily manipulated like China banning ICOs had a great affected on the price.
Traders who are rich now are well aware of the importance that patience has in this world. All good things happen to those who are calm in their decisions. Crypto market is a very volatile one and this is why it can give us big benefits or profits also but nothing happens overnight. We need to give some time in order to receive big profits and this is how people become millionaire by digital coins.
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Dudeperfect
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October 14, 2017, 09:07:59 AM |
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There is nothing bad or wrong in it if you are learning from it. Yes, I believe that patience plays a vital role to counter the side effects of panic selling. I have a friend who bought few Bitcoins before the fork when it was down and still he was in about 20% loss but he decided to hold it for some time and soon after the fork, he earned more than 50% profit on his same investment whereas people were selling at that time but he kept patience and held tight his investment.
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Kiweikoo
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October 14, 2017, 09:39:41 AM |
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Ive been wrong that i withdraw all my earnings on trading .. i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts.. hmm .. too bad for me now bitcoins is still aiming high ..
Patience is the basic thing you should have if you are going to trade and especially if you are in cryptocurrency trading. Some people curse crypto trading by complaining that they suffered a loss, the main reason of their failure was always lack of patience and panic selling. Mostly people get scared of price fall and sell their coins in panic at low price, this led them to failure or loss. The person who invests into the bitcoin the main thing that is required is patience because hatters are always busy to spread rumors against bitcoin to defame it and if investors have no patience then there might be chance to face losses and those who have some awareness they keep patience and hold to earn in future this thing benefits bitcoin as well as investor.
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