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Author Topic: Patience is the main key of success on trading platform.  (Read 1600 times)
MFahad
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April 18, 2019, 05:33:06 AM
 #161

It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.

In 2017 most of the people who hold or invested on bitcoin, they got reward and the newbie is still on waiting line, they are very patienter people. But the time will come very soon when the new traders will get reward from bitcoin. I am 100% agree on it patience is the main key of trading if we wanna get success.   









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April 18, 2019, 01:04:09 PM
 #162

Patience with desired goal to reach will make more ease because we never know how long the price will increase or decrease so we can decide when we have to sell and the be happy when you reach the goal ,main thing you need to do is control your greed while trading.
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April 18, 2019, 01:45:09 PM
 #163

It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.

In 2017 most of the people who hold or invested on bitcoin, they got reward and the newbie is still on waiting line, they are very patienter people. But the time will come very soon when the new traders will get reward from bitcoin. I am 100% agree on it patience is the main key of trading if we wanna get success.   
Patience is really necessary and it is the key to success in trading but patience is not always true, as you say, many people succeed and earn money when they are patient in 2017, but some people also lost when they did the same in 2018. It has shown that patience is good but we also need conditions and knowledge to be patient, unable to rely on emotions and patience without thinking

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April 18, 2019, 08:27:20 PM
 #164

Patience with desired goal to reach will make more ease because we never know how long the price will increase or decrease so we can decide when we have to sell and the be happy when you reach the goal ,main thing you need to do is control your greed while trading.
I think patience alone will not make us trade successfully but we should also have a good and proper analytical thinking in trading which will aide us to be profitable. If we can see good chances to trade then we can start selling our coins with our desired price. As long as we make profits even it's not that big then it's still fine because we still gained profits.
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April 18, 2019, 11:39:05 PM
 #165

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

There is no problem with having only 20% profit from your investment. You just did what you have understand about your investment and nothing is wrong about your decision.

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April 19, 2019, 08:10:39 AM
 #166

See when you are into trading we shouldn't panic about the market situations because the market situation cannot be same always, so it is good to wait and hold the coin as long possible until your desired target is achieved.
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April 19, 2019, 07:36:19 PM
 #167

It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.

If you have Patience in yourself, then you are really lucky as patience is most required in bitcoin trading. Most of the time , our portfolio goes down and we have to wait few weeks or in some cases months, for the coins to recover. If you do not show patience , you will only end up selling the coins in the loss.
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April 19, 2019, 07:58:58 PM
 #168

Holding for long term investment is not bad as long as you bought at dip and make sure the coin you buy have potential too. I'm also more on Fundamentals ,once I see the potential of their project, I'm just gonna buy and hold. Maybe for 3 to 4 years. Sounds very challenging to me.
That is the gist of how you make money by holding the coins you own. Dip is very important from that point of view. The wise people say that you cannot make money if you do not make a margin for profit during your initial investment. And when you invest in dip, you are more likely to make more money than others upon the onset of the crypto bull run. This is a proven fact.
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April 19, 2019, 08:06:49 PM
 #169

It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.

In 2017 most of the people who hold or invested on bitcoin, they got reward and the newbie is still on waiting line, they are very patienter people. But the time will come very soon when the new traders will get reward from bitcoin. I am 100% agree on it patience is the main key of trading if we wanna get success.   
Good time can come anytime, it takes time but when market moves good time will come, price never remain the same, as in 2016 it was down but those who become patient and hold got the rewards for holding in 2017 because price was really good in 2017, now in 2018 price was not higher but those who are holding will be able to sell again at high price, 2019 will bring good profit for us.
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April 20, 2019, 02:34:04 AM
 #170

See when you are into trading we shouldn't panic about the market situations because the market situation cannot be same always, so it is good to wait and hold the coin as long possible until your desired target is achieved.
A matured person would not panic, if he had experience already, he knows that it's just a normal movement of the market here.
Panic will cause loses after loses, you need to control your emotion and stay with your game plan in trading, you need to already anticipate different market situation and has to make strategies on that.

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April 20, 2019, 03:27:43 AM
 #171

See when you are into trading we shouldn't panic about the market situations because the market situation cannot be same always, so it is good to wait and hold the coin as long possible until your desired target is achieved.
A matured person would not panic, if he had experience already, he knows that it's just a normal movement of the market here.
Panic will cause loses after loses, you need to control your emotion and stay with your game plan in trading, you need to already anticipate different market situation and has to make strategies on that.
Before trading, you should have a strategy to determine the price to buy and sell. This will avoid a lot of losses in this market but to be able to do that, you have to learn a lot of knowledge about market analysis to be successful in trading. In fact, this is necessary because it will limit your greed and you can focus more on making a profit in a stable and fastest way.






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April 20, 2019, 04:47:54 AM
 #172

Patience with desired goal to reach will make more ease because we never know how long the price will increase or decrease so we can decide when we have to sell and the be happy when you reach the goal ,main thing you need to do is control your greed while trading.
patience can extinguish your greed and your emotions, right what people say that patience is very important in trade and investment, everyone must have a target and if they want to reach that target they must be patient whatever happens
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April 20, 2019, 05:25:39 AM
 #173

Yup Patience surely is one of the main factors of success on trading platforms but it is not the only single requirement. If you want to be a true trader you should know how to practice, (like there is a difference between shooting arrows in the air and shooting arrows on a target). if you follow some of these steps then you will become a successful trader and also a good member of the crypto community.
  • (Only Smart) Practise Makes You Perfect -  let go of failures and accept the good choice
  • Always Research before Investing
  • Keep Moving Forward - Don't stick with your previous mistakes or try to recover them
  • Learn to adapt to changes quickly / adapt to multiple situations
  • Be happy in all situations
  • Keep your intentions clear
  • Set a specific target/goal instead of blindly trading
  • Attitude/(change of view) helps you build your skills
  • Focus on your strengths or sometimes even on your mistakes
  • Believe on your skills
  • Never give up
  • Dont waste your time - use tools or apis
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April 20, 2019, 02:15:32 PM
 #174

Truly indeed. Patience is one of the foundation for having a successful trading journey because you will have a lot of time for decision making and you can maximize your calmness to create great ideas for future. Trading is a game of patience, the more you are patience and calm the more you will earn along the way.

 
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April 20, 2019, 02:41:52 PM
 #175

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

In fact, everything is not as simple as it seems. You can not select only one quality or one truth that will make of you a successful trader. Being a successful trader is a permanent work on yourself: mastering new useful knowledge, working on the psychological aspects of your personality, practice and much more. Only the totality of this will bring you success. And if you just wait patiently, then for a longer period of time your result will be bad. Patience is appropriate only in the situation when you set a goal and patiently wait for the position to be sold at the intended price (only if there are no unexpected shocks on the market, otherwise you need to quickly make a decision about a possible change of plan).
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April 20, 2019, 03:20:27 PM
 #176

Agrees that patience is the main key to success of crypto trading but it doesn't alone get us to be rich unless it is very long term investment.Patience can save us from panic selling which is the main thing most of the newbie traders were losing more than they were supposed to be.

When we want to be successful we need to practice trading with patience and some target profit to achieve or we are just going to trade too often and risk our capital more.

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WALLET




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Genamant
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April 20, 2019, 03:28:52 PM
 #177

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

i definitely agree to you pal, patience is the key towards a successful trade
but i can tell patience, it is one of the most difficult skills to learn as an investor and trader.

yvesp110
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April 20, 2019, 06:52:13 PM
 #178

Truly indeed. Patience is one of the foundation for having a successful trading journey because you will have a lot of time for decision making and you can maximize your calmness to create great ideas for future. Trading is a game of patience, the more you are patience and calm the more you will earn along the way.
Patience matters because when you enter the market you will see, actually how time changes, we know crypto currency will rise and fall in price so we can buy at low and hold with patience so later on we will be able to sell it at high price, so not only in trading or investing but for me patience is key of every good business.
kynaz
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April 21, 2019, 12:44:48 AM
 #179

Truly indeed. Patience is one of the foundation for having a successful trading journey because you will have a lot of time for decision making and you can maximize your calmness to create great ideas for future. Trading is a game of patience, the more you are patience and calm the more you will earn along the way.
Patience matters because when you enter the market you will see, actually how time changes, we know crypto currency will rise and fall in price so we can buy at low and hold with patience so later on we will be able to sell it at high price, so not only in trading or investing but for me patience is key of every good business.
Once you can survive this market for a long time, you can predict the price to buy and sell to be able to trade in the safest way. Most people rely on analysis to invest but this way is really ineffective when the market starts to decline. Being able to be patient is the key to success in all matters, but if that coin is less developed, give up and sell that coin as soon as possible to ensure your assets are safe and make choices soon new in investment






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jonaire99
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April 21, 2019, 07:33:03 AM
 #180

If you have the determination to succeed in trading someday then patience is the key. Many starting trading are good only in their initial trades but when encounter losses, they easily give up. Your patience will really be tested by your own mistake and losses in trading, if you overcome it and learned how to build your own trading plan and strategy, then you're on your way to become a professional trader. But learning in trading doesn't stop there because even skilled traders experienced losses in their trading.

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