Adriano2010
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November 21, 2018, 05:17:55 PM |
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Yes, you are right OP even if not most of us have enough patience, and possible a good part of people who are in crypto world when see a massive drop in price they will panic sell. Now with this drop is better to wait and not sell now, and make more trades when possible and hold for medium or long term.
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emberbekas
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Activity: 1904
Merit: 1000
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November 21, 2018, 06:24:18 PM |
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If you are the professional trader then you must to have patience in order to make profit from investment because crypto trading is full of uncertainties sometimes price falls or sometimes high. most of trader trap in panic selling fever. Let me give real time example Today's price of bitcoin is about 4500 USD and it is on the lowest level in last year history and there are some sellers whose don't have patience and try to sell to reduce their losses..
Be patient and don't be greedy! Patiently wait for price movements back in the direction we want and not greedy when we get profits that are in accordance with our initial targets. But it will definitely be difficult to implement in real action especially when we face negative profits in our portfolio. Not everyone will be able to control their panic condition.
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Vishnu.Reang
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November 21, 2018, 06:35:21 PM |
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From my experience, I would say that alertness rather than patience is the key to succeed in crypto-trading. Because you need to take intelligent decisions in a short span of time, which can have far-reaching consequences.
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LuvCyanide
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Decentralized Digital Billboards
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November 21, 2018, 09:41:08 PM |
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I agree with the author. The main quality is to be patient and not to be greedy. Many people know about it, but do not use it.
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NotFomo
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November 21, 2018, 10:02:56 PM |
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I would say patience and knowledge of the right information are two of the most important tools in trading. During the years of trading, I taught patience, but it was not easy and not immediately. During this period, I studied the main exchanges, but I also try to learn new ones, recently paid attention to the new exchanges - Deex exchange and Velvet exchang, the last one has a lot of training materials + a demo version (a very big plus for newbies), a customizable interface for the exchange's trading page, etc.
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hisuka
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November 21, 2018, 10:41:04 PM |
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Patience is the most important thing in crypto without having patience we cannot be successful. Let us learn to be patience anyway after having it we can gains profit after all. In crypto by doing trading without it we cannot be successful.
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calya
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November 22, 2018, 06:53:01 AM |
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Patience is the most important thing in crypto without having patience we cannot be successful. Let us learn to be patience anyway after having it we can gains profit after all. In crypto by doing trading without it we cannot be successful.
patience and strong mentalilty was most important thing to be succeed in cryptomarket.especially with current condition if we didnt have both of those maybe we could be panic now.
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Arthurian60
Newbie
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November 22, 2018, 07:48:29 AM |
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In Crypto, if you don't have patience you can't make it because some coins take forever to established significant movement that's Worth some profit. You can buy a coin and it will remain stagnant for weeks. Without Patience you will be tempted to sell at loss.
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boyz97
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November 22, 2018, 07:59:50 AM |
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Patience is the most important thing in crypto without having patience we cannot be successful. Let us learn to be patience anyway after having it we can gains profit after all. In crypto by doing trading without it we cannot be successful.
patience and strong mentalilty was most important thing to be succeed in cryptomarket.especially with current condition if we didnt have both of those maybe we could be panic now. unfortunately most of traders and investors didnt have both of those.so while negative news and fuds come to market, they easily sell their asset.and finally suffering loss.
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Distinctin
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November 22, 2018, 08:04:22 AM |
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In Crypto, if you don't have patience you can't make it because some coins take forever to established significant movement that's Worth some profit. You can buy a coin and it will remain stagnant for weeks. Without Patience you will be tempted to sell at loss.
Definitely, crypto is for people who have trust on its future. It's hard to hold but we can make it easy, before you decide to invest, convince yourself first that you will be hold for a very long period of time.
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rudox
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November 22, 2018, 08:12:06 AM |
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Yes, patience is an important tool in trading whether there is FOMO or not but with patience, you will stay long in the trading space. Trading opportunities are always there so if you miss out on any another one will appear. So it is only when you are trading on emotion that you will make a lot of mistakes and sometimes you leave the market earlier than when you are supposed to leave.
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DedgeDoge
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November 22, 2018, 09:48:43 AM |
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Yes its very important you are right but many tired from waiting i think like me ,all we waiting for big bull run but it doesnt want to come ,hope at the end of this year we would see that.
It is natural yes. You can’t be waiting for so long time. It makes you frustrated and compel you to think over some change. But don’t lose your heart and don’t get diverted from the path of bitcoin.
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suryana
Sr. Member
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Trphy.io
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November 22, 2018, 10:13:36 AM |
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unfortunately most of traders and investors didnt have both of those.so while negative news and fuds come to market, they easily sell their asset.and finally suffering loss.
I believe that is an newbie Trader or investor, Because if they're experienced in world trading then they will patience and not affected by negative issues/FUD.
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stefany101
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A Blockchain Mobile Operator With Token Rewards
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November 22, 2018, 11:00:08 AM |
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We all know that patience is the key to success because we also believes that good things takes time but most of us don't apply it on ourselves. Once we see that are holdings are pumping or dumping, we traders usually panic on it. I think it is better for us to stay calm and have a control on our emotions because bad actions can only lead us to loss more on our funds.
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SixOfFive
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November 22, 2018, 03:26:18 PM |
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Being patient is, I guess, the most difficult thing for humans to do. We are greedy by nature. We are unwilling to work hard and want to see results faster and greater. But we should learn to patient if we want succeed in anything. Making hasty decisions can cause you to lose all your money and this is specifically true in cryptocurrency market. Try to remain as calm as possible and think of all the possible consequences before making any move.
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Boys27
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The Exchange for EOS Community
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November 22, 2018, 03:54:22 PM |
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deep patience is important, many people just lose a lot of money because they cannot be patient, moreover the current situation of the crypto market is not good, winners must be able to take advantage of opportunities under any circumstances
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hirngespenst
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November 23, 2018, 10:06:25 PM |
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Without being patient nobody can shine in every stage of life. Patience is the key to success in crypto business. when you come to see your coin gradually losing its value and you are going to lose your profits at this time you must show off your patience. If you lost your patience then you will be ruined and kicked out from the crypto market
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astridwi
Jr. Member
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November 23, 2018, 10:23:59 PM |
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patience and rigor in market analysis is the key to profit from crypto. the opportunity will always be there for investment and trading for you then do the best analysis and determine your decision without hesitation to get a profit in the future
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pedangrusak
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November 23, 2018, 10:45:17 PM |
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yeah ... the crypto market won't leave us because they are always there to give us an advantage if we are able to read opportunities. sharpen analysis and identify market trends and news that will give you an advantage. do not invest with emotions for a moment because this is bad for you, do it patiently and full of calculations so that the benefits will be present for you
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Tnt1971
Jr. Member
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November 23, 2018, 11:48:27 PM |
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I absolutely obey this universal truth but in trading sector I am fully tried of waiting and patience.Because August 2018 from till now I am waiting for holding cryptocurrency.but market never increasing..
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