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Author Topic: Patience is a virtue in Cryptocurrency Trading.  (Read 1884 times)
Omega Weapon
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May 01, 2018, 07:58:15 PM
 #121

Without having a patience no one can survive in this crypto market like it moves normally a person with a good patience can only survive in this crypto market. An impatience person who has hurry for making a profit cannot survive in this market.
This is why in the forum you will find that one of the most common strategies that are recommended is long term holding, it gives the best profits, it requires the least amount of effort but it requires from you something very important you need to be patient and if you are not it will be impossible for you to hold for the long term and if that is the case you are going to miss in a lot of profits.
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May 01, 2018, 09:15:42 PM
 #122

Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.

Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.

A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
That's right, I think that with a jcoin that you have accurately analyzed, the probability of the price going through your analysis is high and what you need to do at this point is to go as planned. I have set out. Discipline is the most important factor in every transaction, it helps you achieve the right profit and stop loss when the market fluctuates.
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May 01, 2018, 11:49:32 PM
 #123

Without having a patience no one can survive in this crypto market like it moves normally a person with a good patience can only survive in this crypto market. An impatience person who has hurry for making a profit cannot survive in this market.
This is why in the forum you will find that one of the most common strategies that are recommended is long term holding, it gives the best profits, it requires the least amount of effort but it requires from you something very important you need to be patient and if you are not it will be impossible for you to hold for the long term and if that is the case you are going to miss in a lot of profits.
Many had made the mistake of not being patient resulting for them to contribute to panic selling. Learning how to control our emotions will greatly help in dealing with the volatile market. I don't know but maybe the lack of experience is also a factor for some to sell even if they know that they will not have profit from it. Patience is truly important in here and this is based from my own experience, so as as early as possible try to understand the market as well as learn to control yourself in making unnecessary decisions.

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LeaderAMB
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May 01, 2018, 11:56:03 PM
 #124

Your patience should only apply when you invest in a down market. When the market is going up, you should not be persistent. Once you have a profit you should sell it.

While I understand that this is the safest option, I feel like a majority of investors are trying to make meaningful profits off of their investments. If they were to all just sell right when they see themselves in green, they would need to invest huge amounts of money to make decent profits. Most people don't have that, so they wait out the profit trains. I feel like patience is easily applied also when the profits are going up. If you wait out profits, you are much more likely to make more money, even if it's a little riskier than just selling right away.
Exactly, it’s still a safest way for us to do anything whether it is for long term or even short term. Honestly, from the very beginning of any job, we all feel like difficult and easily give up early even more. As far as we know that trading is one of kind of jobs which is actually hard for us do successfully or can reap a huge fruits. I’ve heard one said that “you may spend much of your time to learn, but from learning hard you can get a big benefit quickly, maybe in some minutes. In a nutshell, the more patience you work, the more benefits you can earn.

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May 02, 2018, 01:44:35 AM
 #125

Being a patient is have a very good future. In trading you need to be patient in every trade if you dont have a patient it will cause that you will lose or you can only earn small profit. If you have a faith for your coin and wait untill it is more expensive you will jackpot.
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May 02, 2018, 02:03:45 AM
 #126

If you don't have a patience you can lose anytime and earn a small amount of profit. The best way in trading is to hold and be patience that's the key to earn big profit.
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May 02, 2018, 02:25:50 AM
 #127


A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.

Very true for me. I have learned my lesson when it comes to trading. My mistake were first, wrong concept: I want to invest solely for short term gains and secondly, Never did I study my move, I went with the hype and invested a lot of money. Only to find out , everything were lost because of impulsive decisions.
NOw, that I had known better, I have learned to study projects before I invest. Update myself in tokens before I put in money. Really, patience is a must when in comes to trading. It is us learning the art of HODLING and the show of APATHY. Never panic sell at dips ( it always happens ). Instead,  hodl in every way possible, and you will reap the benefts of it. Smiley

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May 02, 2018, 02:50:57 AM
 #128


A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.

Very true for me. I have learned my lesson when it comes to trading. My mistake were first, wrong concept: I want to invest solely for short term gains and secondly, Never did I study my move, I went with the hype and invested a lot of money. Only to find out , everything were lost because of impulsive decisions.
NOw, that I had known better, I have learned to study projects before I invest. Update myself in tokens before I put in money. Really, patience is a must when in comes to trading. It is us learning the art of HODLING and the show of APATHY. Never panic sell at dips ( it always happens ). Instead,  hodl in every way possible, and you will reap the benefts of it. Smiley
Yeah that's true. The only way to success is to learn from your mistakes. Having knowledge about the currency in which you are investing. There are several ways to find out that where and when to invest your money. Selection of the right currency at the right time could move you forward to be happy.
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May 02, 2018, 06:28:16 AM
 #129

Patience is indeed a virtue that each of us must possess. Especially in the cryptocurrency trading, where market price gets low or high sometimes. Because of the volatility of the prices, patience must be the utmost virtue because if we are patient enough, we can avoid being an impulsive buyer or trader and can avoid mistakes that may become our greatest regret in the future.
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May 02, 2018, 07:42:12 AM
 #130

Patience is a key, but honestly, you can't wait forever.
Thinking about what you could have just distracts you from what you can have now.
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May 02, 2018, 02:16:22 PM
 #131

Patience is certainly the utmost virtue you need in crypto. Most people undermine this virtue and sell at lower prices when there is panic. They always cry later when prices surge. You need patience to make more profit.

If you are panic-stricken, when you are in a hurry to sell your cryptocurrency not to lose more, you are making the biggest mistake. Crypto will always have a value.
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May 02, 2018, 02:37:55 PM
 #132

Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.

Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.

A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.

Yes in tradng patience  is the most important in crypto trading because you have to monitor the price in every secinds or minute.So that you can have a profit for every trading day.l found out That day trading is a very good business.lt takes a lot if effort and time but you got a big profit fir its transactions.Thats why they love bitcoin ohn trading brcause this us very good idea of best earnings to the whole world.
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May 02, 2018, 02:59:31 PM
 #133

Patience is certainly the utmost virtue you need in crypto. Most people undermine this virtue and sell at lower prices when there is panic. They always cry later when prices surge. You need patience to make more profit.

If you are panic-stricken, when you are in a hurry to sell your cryptocurrency not to lose more, you are making the biggest mistake. Crypto will always have a value.
This also depends on many cases. If the market is going down then you leave it and patiently waiting for the market to go up? Why do not we cut a to sell it and buy it with a lower price?
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May 02, 2018, 03:20:15 PM
 #134

Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.

Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.

A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.

You are right. If you learn the art of patience (HODL in crypto world) you never lose in any sort of trading be it crypto, Equity, Commodity or any other trading.
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May 02, 2018, 03:26:30 PM
 #135


A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.

Very true for me. I have learned my lesson when it comes to trading. My mistake were first, wrong concept: I want to invest solely for short term gains and secondly, Never did I study my move, I went with the hype and invested a lot of money. Only to find out , everything were lost because of impulsive decisions.
NOw, that I had known better, I have learned to study projects before I invest. Update myself in tokens before I put in money. Really, patience is a must when in comes to trading. It is us learning the art of HODLING and the show of APATHY. Never panic sell at dips ( it always happens ). Instead,  hodl in every way possible, and you will reap the benefts of it. Smiley
Yeah that's true. The only way to success is to learn from your mistakes. Having knowledge about the currency in which you are investing. There are several ways to find out that where and when to invest your money. Selection of the right currency at the right time could move you forward to be happy.
Sometimes those mistakes that we made leave on us the lesson that we can use to our next venture here in crypto world. That's why patience is a virtue for a crypto trafers, investors and users because sometimes it takes a lot of time to earn even a single coin or it takes time begore you can earn a high profit.

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May 02, 2018, 04:51:03 PM
 #136

That is correct patince si vertue in crypto trading and if you dont have that in crypto trading there is a chance that you may lose your money. This is the one i like in crypto trading is because you dont have put all your time and effort to earn a good profit just simply hold your coins and wait for a good chance to sell your coins in good profit.


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May 02, 2018, 05:39:27 PM
 #137

it's really true because in a very good trade it must have a great sense of patience to get good results, so in trading it should never use emotional because by using emotional it will certainly cause harm because he was too panicked

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May 02, 2018, 05:57:18 PM
 #138

it's really true because in a very good trade it must have a great sense of patience to get good results, so in trading it should never use emotional because by using emotional it will certainly cause harm because he was too panicked
patience is the key in trading because we should not be emotional when trading, not only in trading and even in all aspects of life, patience is needed
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May 02, 2018, 06:00:25 PM
 #139

That is correct patince si vertue in crypto trading and if you dont have that in crypto trading there is a chance that you may lose your money. This is the one i like in crypto trading is because you dont have put all your time and effort to earn a good profit just simply hold your coins and wait for a good chance to sell your coins in good profit.
Having the right attitude to patiently wait and positively respond for something without becoming frustrated is a crucial character trait. This is what the crypto world needs, patience is the key to continue pursuing the goals in life without losing vehemence. Given that crypto is volatile and its value may fall and rise at any unexpected time, specially when you're holding or investing, it really is full of surprises. Knowing how to keep patience on track no matter what the situations are, where to get strength from, studying the market condition, supply and demand, and the quality of value would help us be headed to success with humility.
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May 02, 2018, 06:25:29 PM
 #140

If you don't have a patience you can lose anytime and earn a small amount of profit. The best way in trading is to hold and be patience that's the key to earn big profit.

Well, sometimes it does the job. Different kind of strategies are being made by each person. I can prefer that way. Low profit but that is still profit right? You did not do much of a hard work but just bought one token.

I guess there are greedy types who will take that larger risk to gamble the money for a better profit. But anytime it could also fall. You should be wise with the decisions there.

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