h0lybyte
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February 12, 2018, 01:20:23 PM |
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It usually happens when you are newly involved in crypto market and have insufficient knowledge and little patience. To reach you target goal, you must have basic knowledge how the market works and also need to keep a lot of patience during ups and downs. I suggest to read different topics on trading strategy and follow them to make decent profits
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letecia012
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February 12, 2018, 01:50:45 PM |
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Holding and patience is the good strategy of trading and key of success, but depend on our experience also. It's normal if we have feel panic if the price of coin drop, but panic can make we take wrong decision, so we need calm down first to think clear before we make good decision.
it is easy to say to hold and patience but in reality if you are in that situation its hard to decide when you saw every minute the price of your coin was falling down. For what i am experience only hold and have patience in coins that have solid program and project but for pump and dump coins holding it will give you more losing investments.
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Birin016
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February 12, 2018, 04:32:57 PM |
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Patience to the importance of trading, the importance of the subject is of utmost importance. If you want to achieve success in business then definitely need to take part. However, it will not be possible only if it is sitting on patiently. If it seems that the price will be reduced in the future even if the price is gradually decreasing, in my opinion then it is better to sell it.
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rxthree
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February 13, 2018, 03:14:35 AM |
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To be honest I m total agree with be patient for your positions to be green and full green because 95% of people can hold loss for 300, 400 and even 1000 pips but when it will be in profit maybe at 50 pips he left and he think be the best trader or he can wait till have a great profit at least 200 pips result of patience, stress, care, hope... and more emotions can be not just for 50 pips or sometimes juste 10 pips
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Ryan Tirta Permana
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Activity: 136
Merit: 11
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February 13, 2018, 03:36:08 AM |
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I understand that trading requires extra patience, especially if you panic when you hold a potential coin, when there is a slight drop I started to panic and ended up selling it at a low price but 1 day later on start to creep up, I learned from my experience.
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avp2306
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February 13, 2018, 04:03:08 AM |
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Holding and patience is the good strategy of trading and key of success, but depend on our experience also. It's normal if we have feel panic if the price of coin drop, but panic can make we take wrong decision, so we need calm down first to think clear before we make good decision.
it is easy to say to hold and patience but in reality if you are in that situation its hard to decide when you saw every minute the price of your coin was falling down. For what i am experience only hold and have patience in coins that have solid program and project but for pump and dump coins holding it will give you more losing investments. You have no choice but to hold if you are the guy who's trapped in that situation but if you can afford to receive the loss you get by the time you sell then let it be. Since sometimes smart traders doing some wild things just to recover their loss and sometimes the dump selling will one of their choice to buy more coins on its cheaper prices.
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mabell943
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February 13, 2018, 06:03:29 AM |
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Yes there are two things needed in investment; first is to hold your investment and the second one is to have a long patience for waiting too long. These two things will be your foundation to have a better life in future. all sacrifices you made are paid-off once you receive the fruit of your hard-work.
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Dpat
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February 13, 2018, 06:22:38 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 you are a mood in trading then sell it with minimum profit and always take a snap look of the coin a range of price that is lower point and higher point. But If you buy ans gone loss then keep the patience and hold until it has not give you the appreciation in value.
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metenjean
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February 13, 2018, 06:34:23 AM |
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Hold is the best way to earn money, Altcoin is risky for hold. Patience is the main thing to make a lot of profit in trading. Patience in trading was so related characteristics that needed. BTC holder already got many profit.
To be honest, most people who used to be daytrade by now would be consider themselves holding a large amount of bitcoin and other cryptocurrencies. Holding doesnt always become the best choice if you're trading however it becomes a different story if you're seeking to achieve long term wealth in investing because trading and investing is a two side of coins, when you saw the price of BTC today then you might told how BTC holder already got so much profit, but when you look back a few years ago then i bet you wont even buy a single coin. Its just human nature and emotion on trading, so its better to have a plan in every trading then starting to holding only when the price drops
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Konco126
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February 13, 2018, 06:38:13 AM |
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An investor must have patience, high motivation and be sure the future will be successful. Many investors lose in bitcoin prices down, because they are uncertain and there is no future motivation. But I am still convinced, besides that there are still investors who embrace patiently, because he has a very high motivation and trust.
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Duogembrot
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February 13, 2018, 06:45:48 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 and restraint of coins are the primary key for traders to get very high profits from bitcoin and other digital currencies because if there is no such trait then you will find it difficult to earn very high profits.
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Trubadur
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February 13, 2018, 07:13:42 AM |
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I understand patients and holdings but how long for to be patient? Is it takes only months or many years before I really see huge profits?
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Sanitough
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February 13, 2018, 08:33:14 AM |
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I understand patients and holdings but how long for to be patient? Is it takes only months or many years before I really see huge profits?
You need to have a right target with the amount and the period you will need to hold. Normally we are looking for a certain amount and the moment it will hit that price that would be the time to sell. If you trust the project well, you will be holding strong because you believe it has a potential to succeed.
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yacare
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February 14, 2018, 09:19:58 AM |
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To buy all coins for a long time I dont advise. So it is necessary to do for powerful coins with a potential. If just buy a neizvestna a coin that she can disappear and you will lose money. It is necessary to study it
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kamote291993
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February 14, 2018, 03:15:43 PM |
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I really belive in the saying that "patience is a virtue" But when the time comes that the value of coins decrease drastically most of us specially newbies sell their coins. They are afraid of losing profit without thinking that holding will give them high profits. By the way, Im one of that newbies that do that before, but not im having more patience and holding coins believing I will earn more in the future. But still there is always a risk in doing that.
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warr1979
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February 16, 2018, 10:13:06 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 ..
patience and restraint of coins are the primary key for traders to get very high profits from bitcoin and other digital currencies because if there is no such trait then you will find it difficult to earn very high profits. You need to prepare some plans and strategies to trading cryptocurrency. Especially you're holding cryptocurrency, patience is very important. You can't get profit within short time unless you know exact the day which coin you invested can increases its value.
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Bellator
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February 16, 2018, 10:22:14 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 and restraint of coins are the primary key for traders to get very high profits from bitcoin and other digital currencies because if there is no such trait then you will find it difficult to earn very high profits. You need to prepare some plans and strategies to trading cryptocurrency. Especially you're holding cryptocurrency, patience is very important. You can't get profit within short time unless you know exact the day which coin you invested can increases its value. Yes I agree on that from the start crypto currency really need a big patience it is all because the volatility and the unstable price. So Ben if we don't have patience we cannot really have the will to wait for the right time to sell and the worst is we can really loss profit on this state. While if we are going to wait or maybe we can really prepare for the huge pump and we can select the right time and the right price to sell.
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dvillier
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February 16, 2018, 10:30:49 AM |
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Patience and holding both are the major needs for a success trader specially who are doing trading here. As if you have patience quality and you can buy some coins and then hold them for right time as price rise up too much then they sell their coins this will make him more profitable. So always keep patience while doing trading i hope you will never lose if you have patience quality.
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kolega
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February 16, 2018, 11:36:29 AM |
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I think patience, the ability to control emotions is very important for the trader and the investor. But it is also important to be able to analyze the market and use technical and fundamental analysis. A competent trading plan will help to avoid emotional decisions and rash purchases or sales.
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nakkanak
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February 16, 2018, 11:47:25 AM |
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indeed patience is required in trading because patience determines how much profit we will get, but keep in mind you should not ambition because it is also not good for traders
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