Patience and Holding

[Landagert]

There a quite some of people who hold their Bitcoin until the price goes to $10,000 and even $1,000,000.

But my plan is 80/20, because i want to invest my money from Bitcoin to alter alternative

[mininghubby]

This is really the best thing to do. The best thing is to have patience and JUST HODL your altcoins together with bitcoin. Probably you can profit a lot after. But you need assurance. You should check whether your coins are still in your wallet though.

Patience is not a trait many people have. Being able to HODL in crypto is a trait not many have. With all the FUD and scams around us, it is paramount for the community to HODL and build value in any currency. It's matter of time it will grow and everyone will profit.

[princessfalcon]

Ofcourse on the very firt da 7ydays and months im a new bitcoin consumer i recognize how hard to utilize it when you  continue to be starting on it but eventually i got it and got more revenue and that i enjoy it nows

[Yaunfitda]

This is a lesson for you. With altcoins, you should trade, with Bitcoin, holding is the best choice.

Of course altcoin is not for long term hold. They are very volatile and we all know that most of them are really just being pump and then later will be dump to take home profits. That's how it is. If you really want long term investment, bitcoin is the only choice. Just look at how it grows this year. If you started to buy it in January but this time you can realized that you already made a good profit. You are in the range of x7 in your investment. Although altcoins are really good to invest, you should be very careful and trade them with cautions. Only few coins are really good for short term, other are cheap as well but that what we call shitcoins and never invest on them.

[ashao1015]

As we can learn from dump coinfido today alts are very riski for long term. Main asset in long should be BTC and best coins with usage like platforms, main protocols. Other coins for speculation mostly.

[nightways]

When you involve yourself in an activity such as trading, patience is a must or else you will miss all the benefits of a trader. Crypto coins are highly volatile and unstable. Their price fluctuates time after time. If you were able to buy coins at cheaper price, hold it until it peaks. Don't panic when it is low for a long time because that is what trading it. Control your emotions and be a wise trader.

It is true that all of the cryptocurrencies have the characteristics of being volatile. We should know all of the details about our coins for us to make a plan and earn a lot of money. I can say that it is really hard to predict whether the price of the coins will go up or go down.

It is really hard to predict the price indeed. For us to earn profit from trading we should involve patience in order to gain learnings and also profit during trading. Learn from mistakes and apply on the next trading it will gain profit overall.

Patience is the basic characteristic which a trader must have to be  successful. As there is always fluctuation in the market one must have patience to grab the opportunity. When the prices are falling one should not in a panic to dispose off his bitcoins immediately.

In case of fluctuations one should hold on his investment in the market. He should wait to a time when there is upward trend in market to sell his coins at a profitable rate.

[azguard]

As we can learn from dump coinfido today alts are very riski for long term. Main asset in long should be BTC and best coins with usage like platforms, main protocols. Other coins for speculation mostly.

Alt are more for fast day or two hit and run. What i mean most invest when price start to rise and wait for day or two then sell with some profit, then that profit exchange for bitcoin. Many are inpatient in this but believe me that patience is key for success here.

[mayidid]

If you own some Bitcoins or any altcoins and you believe in it, don't panic sell on the drop. Just ride out the drop or even buy more in the drop. The only time it's good to sell if you are selling for profit and the price is high. Don't sell when the price drops unless it's still a high price and you want to buy at a lower price. Most of these top coins will recover and go to new highs eventually.

[lutfi-hasan]

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 do not think too long to keep prices down today. so as not to lose more.

[Lecam]

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 ..

These 2 are both the key to become a successful trader. I have read a quote from Paul Tudor Jones, it says that “The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.” So, other than patience and holding we also need knowledge and enhance it to become more successful.

[Getcoinsite]

Yeah you should have learn to wait.patience is the key for success here in crypto when talking about trading..this may serve a lesson for all who have read this thread that wait for the right time before withdrawal

[Tantlizbat]

to Patience is a very important thing in maintaining the coin that we have. Sometimes significant price reductions make us experience panic and sell coins that we have with a cheap price. And when we can wait some time again prices will tend to increase. This is called panic sell and we all must have experienced it. This panic sell will make our coin free fall because most traders experience the same thing, they sell more than buy so there is no demand balance and this is the main factor causing the much worse price reduction.

Patience is the basic requirement of trading,you should not be in a panic when there is any ups and down in the market of coins as it is a common phenomina of trading.A good invester is not much worried during fluctuations and specially when the prices are falling in the market because he knows that there is always spring after autumn.you will keep on to hold your coins during during slow market and not to sell it during low market.

[Adioliver]

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's totally true my friend you can use the cryptocurrenies to it's whole advantage if you keep patience and hold it till it pumps to a really high value.But it's in our human nature,we tend to use up all the money that we earn.Still there are people who have patience in them,such people tend to be more successful than the normal people.

[Rose119]

Yeah you should have learn to wait.patience is the key for success here in crypto when talking about trading..this may serve a lesson for all who have read this thread that wait for the right time before withdrawal

If you easily panic when the price going down Try to change that kind of attitude because in trading you should not to be panic, when you holding a coin you need to be patient that is the virtue we need to have.

[enwi]

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 ..

which must be done in trading is to learn to be patient and can control the emotions do not panic if the price drops and do not rush to sell if the price is still rising, but with the failure that there are lessons to be understood

[kingntking]

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 guess trading has to be done at the best time and with best skills . There is a need to know so much and speculate so much about the market before trading . I would not say that trading is bad , because many people get a lot of profit out of it . Holding is being on the safe side . Spending all the bitcoins trading other altcoins can be foolish as there must be something left as a backup .
Bitcoin is growing and hiking so holding is a very good way of getting profit by doing absolutely nothing.                                                                                                                 

You are right but we have to take a strict action against it else things will not be going to okay. Like you said we are just listening, reading all these facts that being patient works and it helps and then there are us again who are violating these facts and making mistakes again and again. So Finlay, statement comes to us again that only we can shift our ship from mistakes to right actions.

[martin1221]

Patience and holding is the main goal of most people in trading if you have this characteristics in this field, we have the most posibility to earn more in it

[farwellbit]

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 above is 100% agreed by me but you should keep all your mistakes in the book of experience. so that you will not repeat the same mistakes again and again. So that you can take the decision how to take the benefit.

You can easily call it “golden pair”. Holding is best technique so far as far as bitcoin is concerned. For other altcoins that can’t be proved wrong or bad but for bitcoin there is on better option to get yourself rich. You have to keep yourself keep and calm so that emotions can’t take over you rather you must have control over them so that decisions are being taking positive and right.

[mitchr4]

Patience and Holding should be done seriously otherwise you will not get maximum results. Sometimes traders can not wait so what they holding assets that will be sold as soon as possible because only facing little problem and also get panic.

[uniquefighter]

As we can learn from dump coinfido today alts are very riski for long term. Main asset in long should be BTC and best coins with usage like platforms, main protocols. Other coins for speculation mostly.

It was earlier a most frequently used idea to sell bitcoins and invest in altcoins so that they could increase their volume of bitcoins when altcoin price increases.But that seems not working now since bitcoin price is steadily increasing.So,you have rather done a wrong thing by selling your bitcoins and buying altcoins.Next time,don't get panic and just patiently hold your bitcoins in a long term basis to get huge profits.