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Author Topic: Patience is a virtue but how much patience do you have?  (Read 4736 times)
DarkBullet (OP)
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July 31, 2018, 02:03:48 PM
 #1

Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?
terible.hunter
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July 31, 2018, 02:06:13 PM
 #2

Patience is really not infinite, even if you are in HOLD mode, yet to see how bitcoin is constantly falling today is very strange and probably boring. Therefore, people lose interest in crypto-currencies.

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July 31, 2018, 02:09:13 PM
 #3

Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?

I usually don't open my account if I lose more than 30%. I do other things like watching movies, eating, hanging up, etc. Altcoins have their ups amd downs. And the best time to check you coins again is during the bull market. Don't get affected by your emotions.
Jpti
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July 31, 2018, 02:09:27 PM
 #4

Bitcoin was below $6500 a month ago and its above $7500 nowadays. Most of us are in profit.
My average bitcoin buy price is even lower than $5000 and I'm still going to buy bitcoin till it stays below $8K mark. After that, I'll be selling.

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July 31, 2018, 02:09:39 PM
 #5

Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?

It's really hard to control if your portfolio is not spread enough that you still have a small profit from other coins, if you only rely on one coin and that coin started to dip you will be disappointed because all your hope rely on only one coin, it's different if you have a balance portfolio.

kennylinkqr
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July 31, 2018, 02:15:49 PM
 #6

I think patient is important but it does not mean that you wait as long as possible. More important you should know when is optimal time to sell or hold your coin.
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July 31, 2018, 02:21:56 PM
 #7

Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?
I have tried to sell some of my portfolios and waiting for this moment to buy more and more coin as much as i can. It's not a problem to see my portfolio gets decreased a little bit but i guess this was another correction to the bitcoin price.
Just like try to put all of my attention to the crypto market and doing the best on it. that's a simple answer.

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July 31, 2018, 02:26:14 PM
 #8

Patience is truly a virtue but that doesn't mean it can't be tested some of the time. Having Courage as much as patience is essential when investing in cryptocurrency because you need courage to help you sustain your patience. The crypto market is one that tests people's patience to its limit and a whole lots of people end up with loses. Understanding how the crypto works goes a long way in helping people to avoid panic especially when the market is down and there are loses because no matter how long the market is down, it'll surely go back up....
christian07
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July 31, 2018, 02:29:10 PM
 #9

Many users here have different experience and technique or strategy about trading so for me i will hold all of my coins/tokens until i earn already or until they gone already and even they drops then i will buy again because if your here in crypto we need to take the risk so we already know what really can happen in our investment like we can earn or lose all our money here in an instant another thing we always need to believe that market will grow and better to prepare yourself anything happen here or accept all things here
hewbrowden
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July 31, 2018, 02:31:56 PM
 #10

Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?
For example, I have the patience not to sell my coins because in that case I will lose my money. Now my coins are cheaper than when I bought them, so I'm waiting for the market to go up.
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July 31, 2018, 02:34:26 PM
 #11

I once said to myself, "the moment you are about to sell is the moment you have to hold it more" but most of the time, I am not doing it. I  consider myself patient enough until this challenging situation tests me. I know I should.hold, but too bad, there are really times I panic sell.

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bartolo
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July 31, 2018, 02:44:01 PM
 #12

Now that the market is bleeding, our patience will be measured again and those hearts will start pumping so fast every time we look on our portfolios went down for more than 30%. Panic selling starting to rise and a lower low can be expected. How do you control your patience in a red days like this?

If you still believe in the potential of the coins you have, stop checking prices every single day, take a crypto holidays and come back in one month. If things have not got better, repeat the same operation for another month and so on, until the market trend changes.
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July 31, 2018, 02:47:17 PM
 #13

It very hard to do it without smart strategy. I know what every coin in my portfolio really worth and I know that blockchain is very innovative technology, so the period of low prices is not going to take long.
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July 31, 2018, 02:47:57 PM
 #14

I believe that I have enough patience because I have kept my coin for a long time because it did not reach my psychological price.
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July 31, 2018, 02:54:50 PM
 #15

We can not really determined the quantity of patience that we have , because we will also run out of patience , in bitcoin it requires more patience than the usual one ,because this kind of investment really need a lot of patience in order to cope up on what are your goal to achieve.
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July 31, 2018, 02:56:31 PM
 #16

actually patience is not and infinite when i will be sure not to be at in loss some tokens i will begin to sell it slowly, this pump and dump market is stressing

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July 31, 2018, 03:00:19 PM
 #17

I think the best way is to delete the trading software. Grin
So if you don't have access to the price, you won't be afraid and you'll learn to forget to buy.

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July 31, 2018, 03:01:27 PM
 #18

My opinion is that there is nothing else in the crypto currency. Either you learn and gain patience and strength. Or you can not achieve high success in this activity. So, that everything depends only on us.
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July 31, 2018, 03:19:33 PM
 #19

Another small correction of the market and now I read these messages again. Guys can stop crying every time when the price of bitcoin loses 20 to 30 percent. It may last the whole year, or maybe the next. Do not worry the market, crypto currency is just beginning to develop and is still ahead.
I do not worry at all, my portfolio is in big plus and I can look at these falls for a long time)
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July 31, 2018, 03:20:48 PM
 #20

There are little options we have when it comes to dealing with the market happenings. We are left with little choice as there is nothing we can do to influence the market but rather to say patient and wait, for if you run out of it the only outcome will be losing money
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