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Author Topic: Patience is a virtue in Cryptocurrency Trading.  (Read 2023 times)
Bosx1ne
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May 04, 2018, 07:11:04 AM
 #161

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.
Trading cryptocurrencies are not for weak hands. If you don not have patience, then you should quit on cryptocurrency trading. You can't even make money if your patience is not enough.

Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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May 04, 2018, 07:23:42 AM
 #162

You cannot become a successful bitcoin trader if you aren't patient. I think that impatient people can't reach success in any sphere. It is hard sometimes not to trade and wait until the price is good but what to do)
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May 04, 2018, 07:35:21 AM
 #163

very true because trading in the crypto world that we must priority is to have great patience so that we can get the results we want in trading. because if we do not be patient and rely on emotional then it can make us a lot of losses due to panic with a decrease in the price of coins in crypto
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May 04, 2018, 08:11:24 AM
 #164

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 patience is really a virtue in this thing because it is not always golden times because the coins are volatile so you can never have a great profit if you do not have a lot of patience because for example the coins you are going to trade is not yet have a great price but you preferred to sell it anyways and after couple of weeks or months that coins pump and you should have tripled the price if you just wait and dont sell it right away. And that my friend is a huge loss from you and you should always have the patience in your heart
Due to the volatility of digital market, for a trader it is more difficult to deal with this one. Changes are random ones and nobody can tell for how long a dip or pump is supposed to stay and what will be the peak in them.Many become frightened if their asset keeps on falling down ultimately, they decide to give up on them to avoid any further loss. This happens due to lack of knowledge and patience only.
In able to gain enormous profit just wait in a couple of months or take long term investment because prices right now is so volatile and unpredictable.Panic selling can get losses of coin ,for now make sure and analyze the market.
SportsbookBettor
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May 04, 2018, 09:42:59 AM
 #165

We can't be millionaires in a just few seconds unless we are born rich. When trading here in crypto you need a lot of patience. You will encounter a lot of bad things like going deep in your investment, making not so good decision when trading and everything. There are instance that i'm thinking about quitting trading but if i want to succeed then i must overcome this huge obstacle in trading. Patience is a must if we want to have a good trading experience.

aaaamm
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May 04, 2018, 10:34:28 AM
 #166

We can't be millionaires in a just few seconds unless we are born rich. When trading here in crypto you need a lot of patience. You will encounter a lot of bad things like going deep in your investment, making not so good decision when trading and everything. There are instance that i'm thinking about quitting trading but if i want to succeed then i must overcome this huge obstacle in trading. Patience is a must if we want to have a good trading experience.
Patience is very important but what is more important is you have to be smart because being smart will make you a better or a mature
trader which you will make a good decision and will make you stay longer and will become successful in the long run.
It's a continuous learning so you have to be patience until you will get your goal.

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May 04, 2018, 03:00:58 PM
 #167

yes very true, the key to the success of crypto trading is patient, patient in holding and selling coins because the price of crypto every hour is always changing because it trades in the crypto must be patient
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May 04, 2018, 04:42:34 PM
 #168

I think so that patience is needed for the crypto trading, patience is the key in trading.
if you can't do that, I am sure you will lose and can't survive in the crypto market.

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lifesecurecoin
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May 04, 2018, 07:43:59 PM
 #169

cryptocurrency built on the lines of patience we should wait and watch for the results to appear in front of our eyes we cant completely relay on panic selling rumors or news
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May 04, 2018, 08:02:01 PM
 #170

I think so that patience is needed for the crypto trading, patience is the key in trading.
if you can't do that, I am sure you will lose and can't survive in the crypto market.

Patience can't be applied at trading at all times especially on some of the altcoins. There are altcoins that pump and go so even how good their future plan and development is. In here, ability to take the risks at early phase to get profits will be test.

Patience = Long Run.

In the long run, there are people who holds lots of altcoins that already experienced lots of pumps and now become behave in volume. Too much holding and "patience" to wait for higher price that leads into nothing but regrets.

To challenge the crypto market, don't just rely on being patient generally at all coins but think twice if those coins are worth to applied of patience.

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jiniyaakter
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May 04, 2018, 08:46:23 PM
 #171

I agree with you patience is the key of success so patience is needed in crypto world and trade
KenChanYu
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May 04, 2018, 09:14:23 PM
 #172

I think so that patience is needed for the crypto trading, patience is the key in trading.
if you can't do that, I am sure you will lose and can't survive in the crypto market.

Patience can't be applied at trading at all times especially on some of the altcoins. There are altcoins that pump and go so even how good their future plan and development is. In here, ability to take the risks at early phase to get profits will be test.

Patience = Long Run.

In the long run, there are people who holds lots of altcoins that already experienced lots of pumps and now become behave in volume. Too much holding and "patience" to wait for higher price that leads into nothing but regrets.

To challenge the crypto market, don't just rely on being patient generally at all coins but think twice if those coins are worth to applied of patience.
We are living in a world full of uncertainties and fear. This has made us hinder from focusing our goals because we are overpowered too much by our negative thoughts. Trading is not always at its peak, it also has ups and downs. Being able to compose yourself in times of predicament and pressure can help avoid hasty decisions. The precedence of patience should be realized by every individual. It makes us healthier, helps acquire positive attitude, and most of all makes us a better person and trader.
goldcoinminer
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May 04, 2018, 10:40:24 PM
 #173

I think so that patience is needed for the crypto trading, patience is the key in trading.
if you can't do that, I am sure you will lose and can't survive in the crypto market.
Right.Patience plays a big role in the field of trading because if you don't possess that,you will end up losing every after trading.I think even in other fields you have to develop the virtue of patience for you to be able to meet your positive expectations in life.
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May 04, 2018, 11:02:06 PM
 #174

Patience is the best part on trading,. This is what we need when you are entering in this kind of job you should know how to wait and target for the best price ever.
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May 04, 2018, 11:30:14 PM
 #175

Cryptocurrency built in a patience word. Patients is the best part on our own trading attitude. We should have to be await for the best of time when we are entering on trading.
Samj16
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May 05, 2018, 09:36:08 AM
 #176

I definitely agree, you have to invest a lot of patience when you get involved in trading. Specially when the value increases you still need to tell your self that just hold and wait for the best price to sell.

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May 05, 2018, 09:49:59 AM
 #177

crypto isn't even realized true value of Ethereum is in the smart contracts that drive distributed apps. But this technology isn't widely used,just imagine the value of Ethereum when Ether is used to power apps that millions of people depend on price so far is driven by the anticipated value of this and by speculation....
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May 05, 2018, 11:03:31 AM
 #178

crypto isn't even realized true value of Ethereum is in the smart contracts that drive distributed apps. But this technology isn't widely used,just imagine the value of Ethereum when Ether is used to power apps that millions of people depend on price so far is driven by the anticipated value of this and by speculation....
Definitely, cryptocurrency is difficult to analyze the market but through our patience we can determine how it goes and the anticipated value of coin. As we look last year, prices of crypto regulates higher prices with a long run as we imagine it has also a possible to happen again.
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May 05, 2018, 11:16:49 AM
 #179

I believe that patience is the most important quality of the investor and trader. The market of crypto currency is volatile and not stable. Many people react too emotionally to sudden price changes and sell their assets at a loss. I believe that it is necessary to prepare an action plan in advance for different scenarios in the market.
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May 05, 2018, 04:00:26 PM
 #180

yes you are true patience is the most important thing in the world of trading, if you can not wait to control the emotional condition you have and if you can not wait to face the price kerobohan then you will only get a loss.
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