CowboyKiller
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November 03, 2017, 04:57:32 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 ..
In trading we need to be patience on when to buy, when to hold and sell the coins we are trading because in my experienced I have buy alts at lower price but I did not sell it when the price is high until I have noticed the l price is getting low and low and never getting high. I have lose my money then. So do not wait to the price to get high up when you notice the price is up sell it quickly as long as we have earnings. Set your target after invested in any cryptocurrency or before buy cryptocurrency. You have target, you will not surprise or confused when the price of the cryptocurrency you have invested increases fastly like Bitcoin recently. Then, create your order sell your cryptocurrency, you do not need to spend much time to wait the price reached your order, because exchanger will help it for you.
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henmark
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November 04, 2017, 11:21:33 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 ..
I think you learn the trading very late. Since the principal of trading is Brought the bitcoin when the price of bitcoin is low and sell when the price is high. Do sell in panic and all.Just wait till the price of bitcoin reaches the high value. Just avoid of panic selling to rich in short time. It takes time for us to learn the true essence of trading, specially on holding and have the guts and to be patient enough to wait. Because we all know that bitcoin price tend to change its price in related to stock movement and the trend of the bitcoin in the current price. If more people will support bitcoin using it on a daily transaction we could assure its price change or increase for us to be patient enough to wait and to have a bigger profit and more in the future. Yes it is true that there are real success lies in a simple key that is patience. Trading does require person to have better analysis of the situations and decide when and when not to sell and buy the coins. If we consider the current situation around the globe then it is quite obvious fact that the number of the uses of these digital currencies is increasing day by day and hence the value has risen to a preferable level. Obviously it is going to pay us all off well in the end.
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prtty2gal2
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November 04, 2017, 03:04:06 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 ..
Yeah I know that it's really struggle because I also experience the same thing. I learned from that mistake but if you but if you think about it, it really ain't bad because you still gain profits from it. It is always normal to learn from those mistakes. When I started with bitcoin, it was a rough moment for me, but then from most of the things I have read and been able to understand with bitcoin's volatility over the past years, it made me to realize that it is better to stick with HODLing and watch it grow which would definitely happen and I have nothing to lose. That really helped me and I never panicked for once. So, most times, people who are investing need to understand what they are involve in as that helps them to make the decision of being patient.
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rickyleatham
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Get your share of the future
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November 04, 2017, 03:14:11 PM |
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whenever we see bitcoin price drop rapidly, we always have a tendency afraid we will lost a lot of money, so we sell as soon as possible to cut the lost, however it is not wise to do that, we should be patient in that situation and do research why it drop, and hold bitcoin if we know bitcoin will rise in the future.
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Kemarit
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November 04, 2017, 03:28:09 PM |
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whenever we see bitcoin price drop rapidly, we always have a tendency afraid we will lost a lot of money, so we sell as soon as possible to cut the lost, however it is not wise to do that, we should be patient in that situation and do research why it drop, and hold bitcoin if we know bitcoin will rise in the future.
We can't really ignore our feelings specially when we are seeing the price drops results in a big lost on your investment. Our judgement is very clouded, this is very evident during September's Chinese shenanigans, maybe lost their trust in bitcoin. I have even seen some senior members selling their coins because they are really afraid of what is going on. But it you are going to look at it long term, you shouldn't before history tells us that bitcoin can recover from such catastrophic event. We don't need to panic, just have faith and continue to hold on your bitcoin. Now, look at where we are heading now, $8000, if you didn't panic during the Chinese crisis, I'm sure that you are very happy with the price today, but if you did sell during the slump you are now regretting your decisions. So I hope that we already learn our lessons there, no need to panic just keep calm and let bitcoin recover once more.
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Valzzz005
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November 04, 2017, 03:29:32 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 ..
Yeah, that is the key to this business to become successful a little bit of patience and a little bit of holdings because in order to gain money especially through bitcoins we need to simply hold it because the value never stops to grow, and in order to hold it we ned a lot of patience because sometimes the price go down and we panic but we shouldn't be because it will always go back especially bitcoins. So if you all want to be rich, probably have some self discipline and patience on holding. And do not rely in only one source of income.
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Ekanenf
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November 04, 2017, 03:45:40 PM |
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It is very hard to control the emotion. I have tried several times, but the results are not good. I was usually late to sell and lost the peak of price. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Emotions is one of the greatest enemy of most investors not even just crypto investors but rather all of the investment. Every single time that there is a negative thing happening on what we've invested like a deep dump or price or a something more bad, we feel that we want to back out of that no matter what even knowing that we haven't gain anything and even lose some of our money but we still decided to do so. Sometimes backing out is good but most of time we will end up on a lose so we better stick onto something that we have invested and trusted on.
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Lang09
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November 04, 2017, 04:41:56 PM |
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That's okay, there's a lot more opportunities, at least you have learned from your experience in trading. Next time you know what to do. We do not really know when the price of bitcoin increases or decreases. so you should not regret what you did, just get back to the next.
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MMA
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November 05, 2017, 09:37:30 PM |
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That's okay, there's a lot more opportunities, at least you have learned from your experience in trading. Next time you know what to do. We do not really know when the price of bitcoin increases or decreases. so you should not regret what you did, just get back to the next.
1 BTC = $7500 is really an attractive figure . Most of the investors already holding bitcoin for a long, may be when the price of bitcoin was trading below 2000$. But i think bitcoin still has to cover more and more high levels. Therefore it is too much important to remain as patient and calm. We should continue holding our bitcoin for some more time. Those who already sold their bitcoins they are now regretting and still trying again to buy even in such a high price, because still the investors are too much confident and sure about the price of bitcoin that it will continue increasing and may be very soon we even cross 10000$ before ending 2017.
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Fesatmas
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November 06, 2017, 02:20:23 AM |
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Something that needs to be needed by traders is patience. If you can not be patient then you will get little result. Sometimes patience can be defeated by panic or fear if the price is not friendly. Surely will sell them all to secure his money. Be sure and patient that it will be okay later.
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crwth
Copper Member
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Try Gunbot for a month go to -> https://gunbot.ph
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November 06, 2017, 03:41:13 AM |
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That's okay, there's a lot more opportunities, at least you have learned from your experience in trading. Next time you know what to do. We do not really know when the price of bitcoin increases or decreases. so you should not regret what you did, just get back to the next.
1 BTC = $7500 is really an attractive figure . Most of the investors already holding bitcoin for a long, may be when the price of bitcoin was trading below 2000$. But i think bitcoin still has to cover more and more high levels. Therefore it is too much important to remain as patient and calm. We should continue holding our bitcoin for some more time. Those who already sold their bitcoins they are now regretting and still trying again to buy even in such a high price, because still the investors are too much confident and sure about the price of bitcoin that it will continue increasing and may be very soon we even cross 10000$ before ending 2017. During the times it was only around $1000, people thought that it already has a large value considering the gold reserve, the price of it but now it has really surprised and still continuing in rising and more and more people are attracted to it. It's hard to not notice knowing that the price is so high. People think it's just a bubble, it is probably but it is different with other things because it has always been like that in the crypto world.
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jamids
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November 06, 2017, 04:19:03 AM |
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That's okay, there's a lot more opportunities, at least you have learned from your experience in trading. Next time you know what to do. We do not really know when the price of bitcoin increases or decreases. so you should not regret what you did, just get back to the next.
I think all traders go through that experience not having patience and not being able to control your emotions especially being a newbie in trading. Patience is important but when you see that the price is taking a long time to go up or going south, you are starting to get worried that's why you will either sell your position or just hold on to it even if the price is dropping drastically. One thing to solved being impatient is to have a trading plan so that you know when to buy or to sell and you know what to do whichever way the price will go. The profitable traders experience it all that's why they are profitable because they were able to learn from their mistakes. If you cannot control your emotions then maybe it is better if you focus on investing rather than trading.
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wilbursina
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November 06, 2017, 05:10:09 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 ..
Can not agree with you more.
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rainezerr
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ADAB ADAB ADAB ADAB
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November 06, 2017, 07:38:32 AM |
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In trading you should practice patience for long tern investment while abrupt trading for long tern but with proper indication and study plus gut feeling sometime.
Hundred percent agrees with this statement. There must be patience all align your life. Many hurdles and bad times will be coming in your life, it you don’t feel and face them, your life will be of no use and ruined. So need is to make yourself such confident and stiff relating emotions, so that you can solve the bad problem in the finest way. Keep patience with you when you are trading. Patience is a must in this industry. There are so many traders that are holding longer because they are anticipating the value of bitcoins to grow and the demand of Bitcoins is keep on increasing because of the low supply from traders.
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ArIMy11
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November 06, 2017, 07:57:32 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 ..
It's okey. Since you are still newbie, you do not know everything in bitcoin, or in trading. When you are already earning you will not repeat the same thing. I do have mistakes also when I was I think just a month of spending my time here. I also regret my wrong decisions. I think that is the right thing to do but I should ask an expert or read here in forum. Now it will never gonna happen again. We learn our lesson. Now my strategy is to sell my coins (altcoins particularly) that I received from my previous campaigns and airdrop then wait for the rise of bitcoin since bitcoin now is again rising so fast. I can't beleive. Holding is nothing but a little sacrfice so I cam have a big income.
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gabmen
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November 06, 2017, 01:06:06 PM |
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In trading you should practice patience for long tern investment while abrupt trading for long tern but with proper indication and study plus gut feeling sometime.
Hundred percent agrees with this statement. There must be patience all align your life. Many hurdles and bad times will be coming in your life, it you don’t feel and face them, your life will be of no use and ruined. So need is to make yourself such confident and stiff relating emotions, so that you can solve the bad problem in the finest way. Keep patience with you when you are trading. Patience is a must in this industry. There are so many traders that are holding longer because they are anticipating the value of bitcoins to grow and the demand of Bitcoins is keep on increasing because of the low supply from traders. Its a given. Everybody knows that to be successful in trading, you have to be extremely patient. Many of those who didn't possess his attribute fell to panic selling. First you'd need a target and you need to have the patience to strive for that target mo matter what
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BennDragon2
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November 06, 2017, 02:30:02 PM |
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How can i patience when i buy a coin than it dump, when i sell and it bump. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) This crypto market not for newbie !
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ThunderCatSteve
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November 06, 2017, 03:00:34 PM |
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You should be patient enough if you want to invest in Bitcoin.You have to understand that the only way you can make profits from your investments is by holding your BTC's. You must have enough patience to hold your BTC's instead of commiting the mistake of panic selling when the price falls down because the price will again rise and if you will hold your BTC's you will make huge profits. Bitcoinis rising at a very fast rate and it has a bright and positive future .So have patience and keep holding your BTC's.
In fact patient is too much important in every field of life you need to have good patient if you want to make money from bitcoin, because some time its price take some more time to give you some profit, therefore it is too much important to have good patient while you have invested money in bitcoin. Patience is essential on the path to success. You must to know not only trading, investing, holding in the cryptocurrency market need you have patience. Anything you want to succeed all need you can be patient to get the good result. Patience of course is like the general thing one should have in life most especially when it comes to bitcoin investment. Most people always look for quick results which has led them to do so many crazy stuffs that ended up screwing them over. In this world, you need a lot of patience and also have to work on your emotions at the same time, which is the only way having the patience gets easy.
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JTASSOCIATES
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November 06, 2017, 03:41:35 PM |
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What I observe is patience in everyone's life is must, most of the time what we use to do is not having control on lot of things that time we panic ourselves and take wrong decisions if we keep patience and analyze might be we get better result and might take the right decision. So we need to have a habit of patience to succeed in life.
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ThunderCatSteve
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November 08, 2017, 10:35:08 AM |
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patience and holding are the two major and important factor for trading. if you have these factors then i think you can become a perfect and success trader. because trading with coins need to hold some coins for a time when the rate is high enough the you can sale them and this can only be possible when you have a quality of patience.
Patience and holding are not required for traders who want to make decent amount of money in short time but everyone who wants to be successful in digital market needs to have these to qualities especially if the person is dealing with bitcoin. Holding bitcoin and selling on the right tie is the best way of making money without getting involved into hectic things like trading etc.
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