Trading Teaches Me New Patience And Experience!

[gooseman334]

Yes it is true that patience and knowledge is very important in trading (and sometimes luck)
I followed some of Warren Buffet's advice and to be honest, it helps me a lot
especially the "Don't be a day trader" one

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[Bossfidelity]

Trading cryptocurrency requires a great deal of patience and experience as rightly said. To trade effectively, one needs to be watchful and make decisions swiftly because the market is highly volatile and profitable moves don't last for long. I believe that the persons that make substantial wealth from trading are those that are experienced or those that use bots for trading.

[Trieuhai2406]

Yes it is true that patience and knowledge is very important in trading (and sometimes luck)
I followed some of Warren Buffet's advice and to be honest, it helps me a lot
especially the "Don't be a day trader" one

Really? I'm a newbie, can you teach me how to trade properly?

[Ss4sukE]

a trader must have made mistakes at the outset and from that mistake they gained new experience. Recently I also lost money in trading and I realized that because I was impatient and greedy to sell at a higher price.

[Traderlol]

We have the perfect place for you traders, you're insight and opinions would be very welcome in the Anchor telegram traders group, Feel free to join and share your tips, advice and experience - https://t.me/anchortrading

[Dannev]

Trading is one aspect of crypto I have tried so hard to learn. Thanks to a friend who now guides and teaches me some of the trading terms like support and resistance. Definitely, trading requires so much patience and the heart to bear losses as well cos its not always all about gain.

[D.Cap]

Trading is becoming easier with new instruments like tradingview for charts and analysis or BSHORT for shorting Bitcoin.

[gooseman334]

Yes it is true that patience and knowledge is very important in trading (and sometimes luck)
I followed some of Warren Buffet's advice and to be honest, it helps me a lot
especially the "Don't be a day trader" one

Warrent Buffet? I thought what he's doing and what we are doing are different   correct me if im wrong  

Even though us and him are not doing the same thing, we could learn a thing or 2 from him. Cause, after all, we are all investors, aren't we?

[envantio]

We have the perfect place for you traders, you're insight and opinions would be very welcome in the Anchor telegram traders group, Feel free to join and share your tips, advice and experience - https://t.me/anchortrading

Thanks for the helpful info, I would join and learn a lot from experienced traders 

[Globen]

You are very right, trading teaches everyone patience,  for you to be successful as a trader, patience should be your number one virtue. With patience you can succeed in trading else you panic sell and when you do that, you sell at a loss.while with patience you control your emotions and hold.

[nxnqauff]

Trading and patience does not go in one line or in parallel. Surprised to see that trading is teaching patience. Would love to see more explanation.

[Traderlol]

We have the perfect place for you traders, you're insight and opinions would be very welcome in the Anchor telegram traders group, Feel free to join and share your tips, advice and experience - https://t.me/anchortrading

Thanks for the helpful info, I would join and learn a lot from experienced traders 

Indeed, you're very welcome to join,
Its a new community, so feel free to invite your crypto friends too, We are hoping to develop some real conversations about crypto trading.

[acoco]

You are very right, trading teaches everyone patience,  for you to be successful as a trader, patience should be your number one virtue. With patience you can succeed in trading else you panic sell and when you do that, you sell at a loss.while with patience you control your emotions and hold.

this year, hold clearly did not justify itself, except for bitcoin, hold did not work anywhere, binance coins only if you can still see

[vivabux]

You are very right, trading teaches everyone patience,  for you to be successful as a trader, patience should be your number one virtue. With patience you can succeed in trading else you panic sell and when you do that, you sell at a loss.while with patience you control your emotions and hold.

this year, hold clearly did not justify itself, except for bitcoin, hold did not work anywhere, binance coins only if you can still see

Hold did not bring any good if we are talking about most of those Alts around except for Bitcoin and some moving Alts but entirely there's no healthy business for a while, unlike when everything was good then you can easily pick project to support and wait till that particular coin to bring some decent momentum and give a much bigger valuation.

Now it’s a very difficult situation, when within 5 minutes the exchange rate can fly by 5 percent, then minus or plus, a real war, and it’s difficult to concentrate the right portfolio of coins

[PuertoLibre]

You are very right, trading teaches everyone patience,  for you to be successful as a trader, patience should be your number one virtue. With patience you can succeed in trading else you panic sell and when you do that, you sell at a loss.while with patience you control your emotions and hold.

this year, hold clearly did not justify itself, except for bitcoin, hold did not work anywhere, binance coins only if you can still see

Hold did not bring any good if we are talking about most of those Alts around except for Bitcoin and some moving Alts but entirely there's no healthy business for a while, unlike when everything was good then you can easily pick project to support and wait till that particular coin to bring some decent momentum and give a much bigger valuation.

Now it’s a very difficult situation, when within 5 minutes the exchange rate can fly by 5 percent, then minus or plus, a real war, and it’s difficult to concentrate the right portfolio of coins

It can even be faster than the blink of an eye, a trader should prepare his trades for such extraordinary cases. Trading is not only about pushing green and red buttons, it requires different management skills. Money management should be consolidated with the risk tolerance level of each trade if the volatility of the financial tool is higher than medium levels.

[abake]

Without patience you are heading no where with trading, I have learnt it the bitter way. If you have Zero tolerance level then trading isn't meant for you. When you apply patience and commitment to your trading skill, success is sure for you

[RiskoMania]

Hello thread! Many people here discuss altcoin mining. I would like to hear your experience in this field, who has one.

[Banksyy]

Hello thread! Many people here discuss altcoin mining. I would like to hear your experience in this field, who has one.

Hey Risko!  The rise of altcoin mining is a good opportunity for those who just start and do not have much power to compete for BTC mining.

[RiskoMania]

Hello thread! Many people here discuss altcoin mining. I would like to hear your experience in this field, who has one.

Hey Risko!  The rise of altcoin mining is a good opportunity for those who just start and do not have much power to compete for BTC mining.

And what should I do? How to start mining and  is it hard?

[Banksyy]

Hello thread! Many people here discuss altcoin mining. I would like to hear your experience in this field, who has one.

Hey Risko!  The rise of altcoin mining is a good opportunity for those who just start and do not have much power to compete for BTC mining.

And what should I do? How to start mining and  is it hard?

Yeah! Very hard to get into it. That it's very expensive too. One miner can cost up to 2,5K USD. But if you want good results you need to invest much. And be attentive where you buy, I recommend official resellers, not ebay or even amazon