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Author Topic: Patience and Holding  (Read 22102 times)
Mpamaegbu
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October 29, 2017, 09:32:20 PM
 #421

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 ..
The patience and holding you talked about here depends on what coin one is holding. Sometimes it is advisable to sell off even at a loss than hold till infinity hoping the coin will moon to no avail. Ask some of us who bought and are still holding doge and Swisscoin. The scenario is better imagined than experienced.

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October 29, 2017, 10:53:30 PM
 #422

If you really want to earn you should bear patience. Dont panic when the price dropped, just hold and wait for the right time to sell.

Keeping and waiting is a good way to do it, however, it is not always the right way to do it, sometimes, we have to give up things that should not be kept. because there are some coins that never come back when they go down.
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October 29, 2017, 11:49:35 PM
 #423

Be careful always if you were left in the train do not run to get in,  wait for it to go down first then ride. Do not be greedy,  be wise,  spare a half of your bitcoin for trading the rest is to save your wrong positions.

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 ..

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October 30, 2017, 12:19:16 AM
 #424

The past week didn't gave a good increase in the price. Everything happened as a part and importantly the price went fluctuating in a minor level and at times decreased to some extent. One who overcame the panic or has the patience to hold  benefits big through bitcoin. The ongoing price increase crossing $6100 is a strong statement indicating the goodness of having patience.

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October 30, 2017, 01:12:59 AM
 #425

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 ..

Let the past go away, Learn from your mistakes and make the patient a role #1.
desi92
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October 30, 2017, 05:36:16 AM
 #426

Patience and holding are way to success in trading. If you have know this then you have to learn it.
Experince also will teach you how to handle it. Like people said that experience is the best teacher.
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October 30, 2017, 08:26:53 AM
 #427

It is normal and probably all the traders have suffered that story, there is nothing new with that, most traders only want to do a fast profit and that is exactly what happened to you at first.
But it is not too late mate, do you have some bitcoins to invest or not? the price of bitcoin is probably going up a lot before november, you are still on time, and altcoins too.

All trader have that experience. Its not only newbi, senior trader also have their black side of story like this.
Dont use this experience to drop u down but use it for keep spirit and get up again.

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October 30, 2017, 10:26:09 AM
 #428

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 ..
That's the problem the new ICOs today are facing. People who are joining ICOs or airdrops don't have the patience. Once they received their coins or tokens, the first thing that they usually ask is "WHERE COULD I TRADE MY COINS?" which is very disappointing especially on the part of the coin developers. People seldom look at the purpose of the coins they are holding which makes the coin useless. The worst case is that they sell these coins immediately, resulting to a price fall in the course of time. This is one of the disadvantages of day trading.

How I wish people always look at the success of the bitcoin. There was even a story about a man who bought 2 pizzas for 10,000 bitcoin (REALLY!!!). That should serve as a lesson to noob traders today. Do not immediately sell your coins. altcoins worth the wait.

I totally agree on this, the reason why people easily  exchange  is that they can't appreciate the project and its purpose. I think airdrop should be given in selected people who has really knowledge and interest on the project. The problem with this is that airdrop can be easily caught by anyone. But on the other hand, ICO must be really potential for growth so that investors will not easily put it off. The need for more serious and knowledgeable coin holder is a concern to remove this disadvantage.
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October 30, 2017, 11:56:12 AM
 #429

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 ..
That's the problem the new ICOs today are facing. People who are joining ICOs or airdrops don't have the patience. Once they received their coins or tokens, the first thing that they usually ask is "WHERE COULD I TRADE MY COINS?" which is very disappointing especially on the part of the coin developers. People seldom look at the purpose of the coins they are holding which makes the coin useless. The worst case is that they sell these coins immediately, resulting to a price fall in the course of time. This is one of the disadvantages of day trading.

How I wish people always look at the success of the bitcoin. There was even a story about a man who bought 2 pizzas for 10,000 bitcoin (REALLY!!!). That should serve as a lesson to noob traders today. Do not immediately sell your coins. altcoins worth the wait.

I totally agree on this, the reason why people easily  exchange  is that they can't appreciate the project and its purpose. I think airdrop should be given in selected people who has really knowledge and interest on the project. The problem with this is that airdrop can be easily caught by anyone. But on the other hand, ICO must be really potential for growth so that investors will not easily put it off. The need for more serious and knowledgeable coin holder is a concern to remove this disadvantage.
Airdrop is one of field I never want to join once. First, it is unreasonable when we can earn a lot of money without spend anything. Especially, there are a lot of cheaters can take advantage the rule of airdrop to get a huge amount of this token. Just 2 reasons still enough to make me never want to join it.



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October 30, 2017, 12:19:32 PM
 #430

Patience and holding I think is the key of trading, patience is the most important thing in trading. Clever decisions come with experience and lessons learned from mistake. The cryptocurrency price is fluctuating so where you feel the price is high sell it and make money, at least you still get the profit from trading I think it's still okey.
To become a successful trader it takes a patience and at the same time patience to hold your coin when the dump of exchange price happen. Since bitcoin is unstable and inconsistent of its value that's why patience and holding is so important in doing trading or dealing with bitcoin.

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October 30, 2017, 12:30:58 PM
 #431

If you really want to earn you should bear patience. Dont panic when the price dropped, just hold and wait for the right time to sell.

Keeping and waiting is a good way to do it, however, it is not always the right way to do it, sometimes, we have to give up things that should not be kept. because there are some coins that never come back when they go down.
I heard this quote that was so related to this topic that good thing happen to those who patiently wait. It was related to this topic because patience is a virtue of one trader, and dealing with bitcoin requires patience. While when we talked about holding it was the state that you would need to have patience in holding your coin while the value is dumped so it means its your chance to add your coin.
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October 30, 2017, 12:37:38 PM
 #432

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 ..

Let the past go away, Learn from your mistakes and make the patient a role #1.
Past is past, what is happen was already happen this is the time that you could learn from your mistakes. And yes regarding to your mistake I saw that youve been suffer from lock of patience in your trading strategy. But still youre not running out of time, make this mistake you've done as a lesson learned for your next trading step. And don't forget the ultimate rule of btc trader , patience.
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October 30, 2017, 01:14:07 PM
 #433

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 ..

Lesson learned man. A good trader must have patient on holding before exchanging it to the market. There are many tutorials out there you must read if you are a beginner in a world of trading. Here I give one site that explain everything for beginners like you in trading. https://www.buybitcoinworldwide.com/trading/ hope this will help you a lot. Godbless.
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October 30, 2017, 02:30:32 PM
 #434

There are several rules of thumb that are widely said, but unfortunately we don´t always follow. One of them is we should reinvest part of the earning. It´s also a mistake to reinvest 100%. Another point to be taken is that the market is hard to beat. So we are daytrading like hell, loosing sleep hours, and when the maths is done, we may have been winning, but not as much as we would for just holding. Because in these markets BTC is skyrockting so sometimes is very difficult to overcame that  growth and beat it.
I have problem with greedy. The good rule is not reinvest 100% of profit but i am always fall in the same hole many time. Now i am trying to skip greedy.
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October 30, 2017, 03:17:43 PM
 #435

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 ..

Even me also before i was but i was thinking that this is just a lesson to learn and be a good trader if you did not do experience the bad lesson you wont be a better trader in the future

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October 30, 2017, 03:26:07 PM
 #436

There are several rules of thumb that are widely said, but unfortunately we don´t always follow. One of them is we should reinvest part of the earning. It´s also a mistake to reinvest 100%. Another point to be taken is that the market is hard to beat. So we are daytrading like hell, loosing sleep hours, and when the maths is done, we may have been winning, but not as much as we would for just holding. Because in these markets BTC is skyrockting so sometimes is very difficult to overcame that  growth and beat it.
I have problem with greedy. The good rule is not reinvest 100% of profit but i am always fall in the same hole many time. Now i am trying to skip greedy.
Holding bitcoin or any other altcoins are test you how long your patience growth, sometimes even the price of crypto currency are not right due to they want to earn income they sell it immediately then we realized when bitcoin raised up that if I wait for a few days or weeks my earnings will become more expensive at all.
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October 30, 2017, 05:32:17 PM
 #437

There are several rules of thumb that are widely said, but unfortunately we don´t always follow. One of them is we should reinvest part of the earning. It´s also a mistake to reinvest 100%. Another point to be taken is that the market is hard to beat. So we are daytrading like hell, loosing sleep hours, and when the maths is done, we may have been winning, but not as much as we would for just holding. Because in these markets BTC is skyrockting so sometimes is very difficult to overcame that  growth and beat it.
I have problem with greedy. The good rule is not reinvest 100% of profit but i am always fall in the same hole many time. Now i am trying to skip greedy.

Well some people say get in bitcoins and get profit. Keep the profit out and get original amount invested in. Some believe other wise, to  invest the profit and save the original amount. Both of the methods are good but none of the matter works in real life bitcoin trading or investment. Because more often there are chance that you will lose in the begining and no one teaches us on how to go about such situations.
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October 30, 2017, 06:30:27 PM
 #438

yeah, you should keep calm. Before making decision, you should ask people who have experience or you can ask in this forum. Members will help you.

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October 30, 2017, 09:19:00 PM
 #439


Patience and Holding Are the basis of trade all time ; In view of cryptocoins and bitcoin price Between 2012 and 2017 We have 4 years It is a long time . So patience must be long for make profit
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October 31, 2017, 01:27:38 AM
 #440

yeah, you should keep calm. Before making decision, you should ask people who have experience or you can ask in this forum. Members will help you.

Why do you need to ask ? First of all when you trade you should know how to do that on your own you should have your own trading plan. Be more patience and hold as long as you could because our future is here.

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