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Author Topic: Patience is the most important thing  (Read 74304 times)
asdnguyenthanhtin
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September 03, 2018, 04:21:35 AM
 #1

In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.
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September 03, 2018, 04:33:51 AM
 #2

Patience in most humans is not easy to control you? I could remember some guys that nearly got burnt due to impatience. Market is not really easy and where by in the case you are using little capital in trading that's where it will get wores.
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September 03, 2018, 04:41:50 AM
 #3

The Perfect definition to earn to in crypto, never ever say oh! i missed that creepy pump. i made same mistake twice and got myself in big trouble. after that i made a mind that i will never buy any Bull trend. i always invest when market is downtrend.,
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September 03, 2018, 04:50:52 AM
 #4

In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.
Good advice. Newbies tend to become a victim of those FOMO, and they ended up losing money. Its good that you have patience in this market because always remember that no matter how good that coin, it will still correct and the price will dump soon. If you miss the train, look for another train. This market is consist of many opportunities, just look around you and you will get one of those good coins.
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September 03, 2018, 05:25:57 AM
 #5

the worst suggestion that you can make to traders is "patience" specially in the altcoin market which is pump and dump. i will tell you the same thing that i told the other dozens of topics in the past 9 months of dumping cryptocurrency market which were telling people to have "patience":

don't become a bag holder of altcoins. you will come to regret it when you look back and you have lost 90%-98% of your investment. that is what happened to all those "patience" topics so far who have been bag holding altcoins that kept on going down because of dumps.
learn how to trade and make better decisions instead of bag holding and wishing for profit.

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September 03, 2018, 08:58:03 AM
 #6

Agreed, if you missed a good buying opportunity because
of doubt, fomo, or other reasons, make it as a motivation
to your next trade and make sure to improve your quick
decision making skills.
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September 03, 2018, 09:08:08 AM
 #7

The crypto is 24/7/365 market, I like that statement a lot because it's the truth and one can always catch the stuff in here all the time. Its not like those traditional markets where they start at 9 am and closes at 4 pm. Lolz. We always have every seconds of our life to trade on these coins and they are also having unlimited chances of getting you paid for your trades and investment. We know the stories how people have gone successful over the time when they learnt many things about the crypto currency. The market is always open and ask nothing but just a time which can make you rich.
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September 03, 2018, 09:09:27 AM
 #8

Being patient is one of the greatest challenges of human existence. Whether patience always pays off when it comes to trading should remain controversial.
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September 03, 2018, 09:27:49 AM
 #9

Considering how unpredictable and volatile the market is,patience is one important feature in this system..to avoid panic sales one has to be patient and hodl
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September 03, 2018, 11:23:01 AM
 #10

In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

Patience and calm, yes. Unexperienced traders often start tilting (buy and sell, create many many trade executions per hour, and can not choose a direction)and lose money.
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September 03, 2018, 11:54:56 AM
 #11

no it is not!
experience is the most important thing in trading! experience to know what to do under different circumstances not have the same recipe for everything that happens (hold) and then call that "patience". while trading you need to have flexibility, you need to be able to go in an out of the market as fast as possible and at the best time possible.
it means when you see red you should run the other way and move your money to some place which is not red and make profit while the first place is in red the come back when things changed again.

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September 03, 2018, 11:56:58 AM
 #12

In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.
Most of the traders are accepting in all the scenario but beginners are fear to sell in anytime so few peoples are not controlled in emotions. Your statement is exactly true but you highlight in red, it is totally irritating to me because this mark was odd to see in every members. My suggestion is we should react our own so patient and emotion is not a matter in trading platform.

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September 03, 2018, 11:59:30 AM
 #13

Patience in cryptocurrency trading can not be overemphasize,  it take patience for you to hold to a point where the coin you are holding become nature and growth  is creating value for your coin in the cryptocurrency market and in the real world,  this is when you make maximum profit from your investment!

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September 03, 2018, 12:06:53 PM
 #14

In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

If you miss out in the first ride on the markets skyrocket, don't lose your hope because there will always be another chance. The only thing we really need is patience.

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September 03, 2018, 12:07:44 PM
 #15

From a traders perspective, patience isn't the most important. You simply can't sit on your ass all day waiting for things to come, you need to have the a certain skill level to analyze the market and whatnot just so that you don't depend on such things as being patient all the time.

Patience is key, sure, but the most important thing is to have the necessary trading skills (and that means hours of learning but it'll come in handy in the long run) in order to see the profits you want.

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September 03, 2018, 01:50:32 PM
 #16

Patience will help you to have a lot of good things for you. For example, if you hurry to make the wrong decisions, you will not be wise when you decide that you should be calm and patient.
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September 03, 2018, 02:18:09 PM
 #17

Patience is needed but it's not the most important thing that is necessary within this space, it is always KNOWLEDGE that needed to gain more from this field, if you have knowledge and experience that teaches you, you will survive, no matter what the trends would be.
Example: You have the patience and you could be able to wait for the "right time" until forever  Grin but you are hodling a wrong token due to lack of knowledge, you end up broken, so it is KNOWLEDGE that you needed most.
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September 03, 2018, 02:57:05 PM
 #18

Yes patients is a great effective virtue on any work specially in bitcoins cryptocurrency markets patients is a great virtue. no patience no success.

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September 03, 2018, 03:52:37 PM
 #19

Patience is probably the most important skill when someone wants to enter the cryptocurrency market if you do not want to lose your money. And more importantly when the market is constantly falling in 2018. Patience is essential.

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September 03, 2018, 04:32:19 PM
 #20

It's true that patience is important, but for many people it's hard to be patient when you see that the coin in which you invested money in starts dumping hard.
If that happens, it's better to sell and buy back later when price reaches bottom than be "patient" and be left with bunch of worthless coins.
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