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Author Topic: Patience and Holding  (Read 22093 times)
cinchin
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October 26, 2017, 02:25:30 PM
 #361

patience and holding has direct relation. if a person want to do holding trading then he should have a patience quality because if he has no quality of patience then he is unable to success in holding trading because in holding trading you should be patience and when the opportunity come for getting enough profit the you should try to sale your bitcoins.
- I agree with you, patience and holding always exist in parallel, if we have determined that we will hold to get profit, we will need patience, without patience, we will be very easy to fail, we will sell too soon or too late, that affects our profit
- Patience and holding are two essential elements in trading bitcoin. However, in the altcoin market, depending on the situation, we will patience and hold or cut losses, patience and holding are not always good, sometimes because of these two factors, we can fall into very bad situations
NeoTech42
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October 26, 2017, 03:02:30 PM
 #362

Holding is working and effective only with some strong currencies like BTC, ETH, LTC.

Howewer i don't think holding altcoins with no future, no team and no product will be an effective strategy.  Smiley

Just look at the top 50 of altcoins in 2013 and then in 2017...
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October 26, 2017, 03:22:41 PM
 #363

Holding is working and effective only with some strong currencies like BTC, ETH, LTC.

Howewer i don't think holding altcoins with no future, no team and no product will be an effective strategy.  Smiley

Just look at the top 50 of altcoins in 2013 and then in 2017...
This is actually true since i dont really hold up most of my altcoins in my folio because most of them dont really pump up for a long period of time.Patience and holding will work on most coins who are on the top of marketcap which it do somehow assure you to make money but you should really be wise on your actions specially on selecting which coin do have the potential.

warr1979
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October 26, 2017, 03:29:41 PM
 #364

It's okay mate. You learned your lesson, nextime you may applied those lesson you learned. You just need patience and you should have strong hands, I also remember when I was starting in trading, we are the same problems encountered. Don't lose your hope. Keep learning my friend.
Keep going is the only key to success. You can’t make anything better in your life until you don’t leave the hard work. If you are doing your work with complete sincerity and passion, believe me no one can stop you from being successful person. Hurdles come in the way but don’t lose your hope. Bitcoins have profit hidden in them, don’t get tired when you are digging them along.
With patience comes wisdom because both of them are considered as companions and I totally agree with this. A person who has a clam mind can actually look deep into any matter and consider all the details. That is why he can make more right decisions.

Emotions always lead to destruction. Becoming rich by investing in bitcoin or any altcoins is all about holding on the asset for a long period of time. It works.
I don't negate the benefit of holding any cryptocurrency for long term.
However, I also don't think this form can help you make good profits.
You need to know the cycle and the next trend of the market, invest without any right prediction for this field is just gambling and I'm sure you will not get profits.
yamortsac
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October 26, 2017, 03:51:09 PM
 #365

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 think that you made a wrong decision because you didn't wait, and by knowing that, i think you've learned your lesson. And you can use that experienced to make a right decision next time. Investing in bitcoins really needs patience if you want a huge amount of income because you can't have it in a short period of time.
alexandroVV
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October 26, 2017, 03:51:19 PM
 #366

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 ..

never rush to do something, better consult with someone else, One head it's good, but two better . And then you will learn how to do everything right, and you will not get into this situation))
Arinze422
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October 26, 2017, 04:43:28 PM
 #367

I wish I learnt patience before I sold off my bitquence. I couldn't bear further loss watching as price continued to dip, so I sold off all my token. I was surprised two weeks later when I discovered that the price recovered and even went to an all time high. Sadly I had sold off all. Patience is key in cryptocurrency trading

ArnoldChippy
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October 26, 2017, 05:09:49 PM
 #368

I wish I learnt patience before I sold off my bitquence. I couldn't bear further loss watching as price continued to dip, so I sold off all my token. I was surprised two weeks later when I discovered that the price recovered and even went to an all time high. Sadly I had sold off all. Patience is key in cryptocurrency trading
I think if a person do not have the power to take a right decision in right time so we cannot called it as patient, some time you need to wait but some time you even need to take a right decision in a right and if you cannot take a quick decision on time then it also not in favour good trading. We need to have our senses working properly, for that you need to have a good trading knowledge and experience.

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blazecygnus
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October 26, 2017, 07:51:42 PM
 #369

I wish I learnt patience before I sold off my bitquence. I couldn't bear further loss watching as price continued to dip, so I sold off all my token. I was surprised two weeks later when I discovered that the price recovered and even went to an all time high. Sadly I had sold off all. Patience is key in cryptocurrency trading
After some lessons, with the consequences you will have to learn or improve yourself to survive in this crazy Earth. Keep yourself patience is the key to solve the math " profits" in trading.
Ayamj
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October 26, 2017, 08:17:00 PM
 #370

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 ..
I bought HVN ND sold it not quite long..it's paining me to see d price rise...you just keep thinking of all the profit you would have made ..there is profit in holding when you have lots of patience..just buy and forget about it,
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October 26, 2017, 09:59:16 PM
 #371

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 a virtue and in bitcoin world is useful,especially in the process of trading so that your transaction can't turn to bad.holding your bitcoin especially in times of hardfork is a kind of strategy to earn more profit in your investment.all of us want to learn patience because its not easy to obtain,co'z most of us people are harsh and in the end we found ourself losser.both of this patience and learn to hold bitcoin  is the key of succes  in the world of crypto currency.

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Creepings
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October 26, 2017, 10:18:58 PM
 #372

I wish I learnt patience before I sold off my bitquence. I couldn't bear further loss watching as price continued to dip, so I sold off all my token. I was surprised two weeks later when I discovered that the price recovered and even went to an all time high. Sadly I had sold off all. Patience is key in cryptocurrency trading

Not only in cryptocurrency trading but in the world of trading. If you are not patient enough, you might lose the chance of selling it at good price. This also happen to me when I am trying to sell my new acquired token. Once that I knew that it can be bought and sold at a certain price, I immediately posted to be sold, it was really quick to be sold and I also immediately regret my decision when I am seeing the price now having a good pump. It is so dissapointing.
MyIdeas
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October 26, 2017, 11:14:37 PM
 #373

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 ..
It is  good lesson in your journey, you won't be better if you don't commit mistakes. All of us have some error along the way.Better to save some for the future.
Long term trading is so far the best option for making money in trading sector. Short term trading or more precisely day trading is not for everyone. I have seen people losing good amount in day trading because the crypto market keeps fluctuating and you cannot keep an eye on the prices of coins all the time. Don’t trade for small time span especially if you are trading with bitcoin.
richminded
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October 26, 2017, 11:22:45 PM
Last edit: November 16, 2017, 11:44:14 PM by richminded
 #374

Holding is working and effective only with some strong currencies like BTC, ETH, LTC.

Howewer i don't think holding altcoins with no future, no team and no product will be an effective strategy.  Smiley

Just look at the top 50 of altcoins in 2013 and then in 2017...

Holding not good coins will surely waste your time and money but who knows if those coins will become successful in the future. For me cryptocurrency is really the future and what ever coins you are hold you are on the right track, be more patience because this technology will surely help you to earn big money.
Ucy
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October 27, 2017, 04:12:39 AM
 #375

Patience is good if you know what you are doing. It's actually dangerous to be patient on worthless coins_.
Sell and cut loses if you find out you made the wrong choice.
TitanGEL
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October 27, 2017, 05:17:26 AM
 #376

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 ..
It is true that holding can make us rich. I hold my bitcoins because I know that I can double my money by holding. There is a big possibility that we can be rich by holding our bitcoins.

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October 27, 2017, 05:30:55 AM
 #377

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 ..

thats the lesson for us intering wiithout full of knowledge skills and strategy, i believe mistakes are one of the lesson for the next decission to be carefull don't make mistake again, holding and patience including the skills are great strategies.

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October 27, 2017, 05:44:16 AM
 #378

Patience is good if you know what you are doing. It's actually dangerous to be patient on worthless coins_.
Sell and cut loses if you find out you made the wrong choice.
Yes we have to adjust to the existing conditions. If we have a coin that has a high prospect then it needs to be done, but when we are not too sure then do not wait too long. I love to buy some new coin, but I am always selective because we are all betting on the quality of coin we have. if it's Bitcoin then I'm sure, so I do not worry when I buy a lot of Bitcoin because I know that bitcoin prices will always increase every time. Bitcoin prices have a remarkable increase and occur annually.
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October 27, 2017, 05:45:36 AM
 #379

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, yes, it was necessary not to rush and sell, because you can be as small as a profit and loss in general. And now you know the lesson and it will be easier for you. Learning means developing.
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October 27, 2017, 07:20:53 AM
 #380

Patience is good if you know what you are doing. It's actually dangerous to be patient on worthless coins_.
Sell and cut loses if you find out you made the wrong choice.
Yes we have to adjust to the existing conditions. If we have a coin that has a high prospect then it needs to be done, but when we are not too sure then do not wait too long. I love to buy some new coin, but I am always selective because we are all betting on the quality of coin we have. if it's Bitcoin then I'm sure, so I do not worry when I buy a lot of Bitcoin because I know that bitcoin prices will always increase every time. Bitcoin prices have a remarkable increase and occur annually.
Patience is good if you know what you are doing. It's actually dangerous to be patient on worthless coins_.
Sell and cut loses if you find out you made the wrong choice.
Yes we have to adjust to the existing conditions. If we have a coin that has a high prospect then it needs to be done, but when we are not too sure then do not wait too long. I love to buy some new coin, but I am always selective because we are all betting on the quality of coin we have. if it's Bitcoin then I'm sure, so I do not worry when I buy a lot of Bitcoin because I know that bitcoin prices will always increase every time. Bitcoin prices have a remarkable increase and occur annually.

Patience and holding is really needed in order to survive here. There are times when bitcoin and even altcoins are in low prices at the same so if you don't have patience I am sure that you will always be selling your coins for low prices. In here, if you want to earn you will have to read and read to get information about the market. Holding can be beneficial sometimes especially now that bitcoin is continuously rising.
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