Cherylstar86
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October 21, 2018, 09:26:38 AM |
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good, you're right. trading on crypto must have high calmness. great patience, and calm. see every movement to understand the market. and buying when the market feels good in buying mode. if fear follows. then the loss will be number one in this trade. focus on one coin. if you feel it's too late, move on to another coin.
Trading is knowing when you should buy and when you should sell. Most traders especially those who are new to trading are chasing trades that's why there is a tendency that they lose because by the time that they bought the coin, the price would already be dumping and their choice would be either to sell the coin at a loss or be a bag holder of it. Let's just face it. Most of us plan to just buy the coin and sell it as fast as possible at a profit but due to the price action being so fast or because of our greediness waiting for the coin to go up more, it just has a sudden drop and we are left with selling or holding it until such time it goes up. We do not intend to be a bag holder. The world of cryptocurrency is not easy as it is volatile and very uncertain but let's not dwell into this idea and better change our mindset. Let's focus more on positivity and the brighter side. Staying patient can help overcome challenging situations with more flexibility and in a better way. Patience can help acquire positive attitude and a healthier lifestyle. We all can be patient if we have clear knowledge about our goals and if we are putting the desired effort in the right direction.
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Siren
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October 21, 2018, 11:16:10 AM |
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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.
But being patient requires knowledge about the status and movements of your coins,unless you are willing to take a long term holding then thats purely patience But if were talking about normal trading or called day-trading keeping the temptation off sometimes will lead you to losses,so better learn the fundamentals of trading before engaging seriously..as this is the most risky part of being cryptonians.the daytrading
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prashanta
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October 21, 2018, 11:39:00 AM |
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this is my thinking, we have some basic powers to buy and sell it before we can get a real complement, before we can hold its longest patience. Actually if we can do some movement, patience, nothing can reveal to us. So it has some patience as it's running at the top.
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illnino
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October 21, 2018, 12:22:11 PM |
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Being patient and calm helps investors master themselves in difficult situations that are essential to financial investment and cryptocurrency. Train yourself daily so that you can grow in investment and success.
Those who are not patient, lose very often. It is better to stay calm. If you see that the cryptocurrencies are falling, it does not mean that you should rush to sell them.
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darasinmi4show
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October 21, 2018, 12:26:38 PM |
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The most important thing is you follow the trend of the market and you check keep waiting for the best of the market. However, the most important thing is patience in all thing or in cryptosystem. If you are have this patience you have wealth in cryptosystem.
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Jateng
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CRYPTOMUS
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October 21, 2018, 12:34:42 PM Last edit: October 21, 2018, 12:49:30 PM by Jateng |
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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.
Who's not fear of missing out? I really hate myself if I missed any opportunity because it is only given ones in a blue moon and will wait for a long time to happen again. So I am patiently monitoring the price of the coin that I am holding. But yes you're right. I cannot catch every trade. But at least I will not miss any important trade.
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tegacoll86
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October 22, 2018, 12:16:52 PM |
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Being patient and calm helps investors master themselves in difficult situations that are essential to financial investment and cryptocurrency. Train yourself daily so that you can grow in investment and success.
You're right no patient no profit. Peoples are greedy enough they want profit every day but bitcoin has some rules and we have to work with that rules.
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henlity87
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October 22, 2018, 12:43:25 PM |
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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.
Patience? Simple word but easg to understand. Most of the people today don't know how to handle patience. They disn't achieve patience actually because of being tired. We all know that market isn't stable so the main game in this is having a patient mind yet many people doesn't know how to handle the urge so they end up loosing money or profits because of impatient. Yeah of course patience is very important for crypto trading. One wrong decision can take all your money, and if you lose your money you should not be impatient and emotional. Be cool and wait for more till the price moves on. If you work deliberately and consistently, no doubt that you will earn big money from crypto trading. Patience is mandatory in every field of life.
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maxreish
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October 22, 2018, 12:55:55 PM |
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Yes, i agree with you mate. We really need the patience in this field, for us to become a successful one. Especially in the present situation of the market, if you have no patience you can not earn but maybe you are losing some funds and get defecient in return.
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Shutup
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October 22, 2018, 01:10:17 PM |
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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.
True patience is the most important thing ,most of this time crypto crisis is very long.I have to be patiently wait because There's no way ourbut to wait.Expect for the miracle in the future.
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rhenrhen
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October 22, 2018, 01:36:44 PM |
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Patience and optimism are both important when you're in the crypto world. Patienc to wait for the market to stabilize and optimism to keep your faith that the market will stabilize even not the soonest.
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Ngewex Yuk
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October 22, 2018, 01:53:13 PM |
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When the market is dropping like now, the best thing is to be patient, I'm sure with patience, we can get big profits, and the signs of the market recovering soon come, so be patient until the end of the year.
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TIME TO SLEEP
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jojowar
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October 22, 2018, 03:01:51 PM |
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Yes of course patience is the most important thing in this kind of transactions. If you will follow those panic investors you will also become loser. There was a saying that "Patience is a virtue".
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Usafstar
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October 22, 2018, 03:08:38 PM |
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Patience is very important inn this world and if you study the lives of successful people they have hard workers and they have high level patience and i like to keep patience during hard times and crypto requires patience if you have patience you can become one of the successful person in these days and trading coins is very important and it is valuable ways of making money ans buy when the price is low and keep an eye on the market for profit and when you know that it is good time you can sell at high rate.
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Volkan_Tom
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October 22, 2018, 04:24:24 PM |
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The peace of mind during trading is what is most difficult for a novice trader to have. Anyone who started trading for the first time is always nervous. You can truly become calm only when you lose a lot of money. After that, you look at all things differently.
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Kasabus
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October 22, 2018, 07:00:59 PM |
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The peace of mind during trading is what is most difficult for a novice trader to have. Anyone who started trading for the first time is always nervous. You can truly become calm only when you lose a lot of money. After that, you look at all things differently.
Is what we called it aggressiveness and they almost to even manage their emotions. Of course, as a starter we need to learn and experience more cause in that way we can simply manage our trades perfectly in the future and losses might just in low percentage.
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dunfida
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October 22, 2018, 07:31:22 PM |
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The peace of mind during trading is what is most difficult for a novice trader to have. Anyone who started trading for the first time is always nervous. You can truly become calm only when you lose a lot of money. After that, you look at all things differently.
Is what we called it aggressiveness and they almost to even manage their emotions. Of course, as a starter we need to learn and experience more cause in that way we can simply manage our trades perfectly in the future and losses might just in low percentage. Just normal when we start up but we can eventually make adjustments as experienced would be attained along the way. Patience is a great thing but there are really times that too much patience will lead into some missed opportunities like selling out on the right time because you are still waiting for the right or target price you have set out. With this very volatile market your temper would really be test out.
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djselery
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October 22, 2018, 11:50:42 PM |
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Patience is always required when you are dealing with cryptocurrencies, and especially with the trading world. The crypto market is unstable, and there is a high level of price volatility, so you should use to wait for long periods of time, sometimes, until the price reaches a good level. Without patience, you will sell your coins with the lowest rates and missing the chances to make bigger profits.
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Pattart
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October 23, 2018, 02:22:06 AM |
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The peace of mind during trading is what is most difficult for a novice trader to have. Anyone who started trading for the first time is always nervous. You can truly become calm only when you lose a lot of money. After that, you look at all things differently.
Is what we called it aggressiveness and they almost to even manage their emotions. Of course, as a starter we need to learn and experience more cause in that way we can simply manage our trades perfectly in the future and losses might just in low percentage. from the experience of loss and defeat we will be more calm and understand about our mistakes, experience is important in trade. if emotions can happen to new traders, experience will make them more familiar with price changes and that will not make emotions take over their actions..
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KenChanYu
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October 23, 2018, 03:52:41 AM |
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Patience is always required when you are dealing with cryptocurrencies, and especially with the trading world. The crypto market is unstable, and there is a high level of price volatility, so you should use to wait for long periods of time, sometimes, until the price reaches a good level. Without patience, you will sell your coins with the lowest rates and missing the chances to make bigger profits.
Indeed patience is a virtue which is required to every aspect particularly with cryptocurrencies. We could encounter bearishness in the market field, where we can feel disappointment that can trigger the emotions to make wrong decision due of a big losses. At some point, we have to be firm and strong to have a wide patience dealing in this kind of transactions.
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