Trading Teaches Me New Patience And Experience!

[ilovealtcoins]

The problem of crypto market is that the regulation is still incomplete and lacks regulations.  The crypto project has only a few million dollars and low liquidity.  The chances of making money are high and risks are the same.  I advise you to invest only with bitcoin and not invest with other cryptos to ensure safety.

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[Samayuki]

Good for you friend,i don't think I will ever return to crypto trading anytime soon unless i hit it big in crypto investment, I lost all my ETH to trading,its very easy to lose

[GREENch]

This can teach not only trading. Patience, to a greater extent, will contribute to the strategy of HODL. And by participating in bounty campaigns, it will be possible to earn money in parallel (even if it is not large) by improving the skills of project analysis in parallel.

[akela04]

Trade can harm your health. trade is not for everyone. Before you get into this market you need to take some lessons and then start trading with a small amount.I have seen so many people who got ironed up at the peak of the market and then wept that they lost a lot of money.

I agree with you! Yes, cryptocurrency trading teaches me new patience and experience. I will say that it is hard work and in the first year you should not expect any tangible results, but such is human nature — will disbelieve, while will not try. You need to constantly engage in self-education and gain practical skills.

[aemma]

That's one of the good things about trading, it will teach you the act of being patient which you can also apply in other life endeavours. Also, to gain experience in anything, you need to be patient as well; that is to say before being any expert in trading, patience must be built which will lead to more experience.

[Mehr Sher]

If you wish to succeed in Crypto Trading, the first thing you got to get right is Crypto Knowledge, if you are not educated enough regarding trading, it is all just useless. After this comes how well you execute and patience is indeed a top category to discuss about. And there is just no way is anyone able to go past success without these factors. I don’t consider experience as a major thing because that comes automatically with time instead of having to do anything special for it.

[GeorgeMichael-III]

The irony is that to get all the fun (money=women, parties, cars etc), you have to be boring: patient, logical, long-term view... those who have those traits are those who make the big bucks.

[kingpin4321]

That's one of the good things about trading, it will teach you the act of being patient which you can also apply in other life endeavours. Also, to gain experience in anything, you need to be patient as well; that is to say before being any expert in trading, patience must be built which will lead to more experience.

So many traders lose just because the lack patience and the will to wait for the right time, the early adopters actually bought bitcoin at a very low price and some are still hodling, their ROI has doubled and even tripled, I think it'll be almost impossible to gain good profit if we're always looking to cash in at every  opportunity.
Those who make the best profits are those who hold onto their coins patiently.

[^BuTcH^]

Yes, patience is by far the most important part. FOMO and FUD makes your deposit smaller, so you have to prevent frequent deals based on emotions, that is a key to sucess.
Do you have other advices? let me know how to become patient and not to rush making deals based on emotions

[popeye95]

Patience is the most critical in cryptocurrency trading. You can't make a good decision when losing your patience.

[Rikotin]

yes patience, do not be easy Emotions, not only focus on one coin, and also always see the movement of coins that you trade. some of the attitudes that I say are steps that you must take if you want to trade.

[emberbekas]

If you wish to succeed in Crypto Trading, the first thing you got to get right is Crypto Knowledge, if you are not educated enough regarding trading, it is all just useless. After this comes how well you execute and patience is indeed a top category to discuss about. And there is just no way is anyone able to go past success without these factors. I don’t consider experience as a major thing because that comes automatically with time instead of having to do anything special for it.

Patience is a complement to knowledge. When we already have the knowledge and jump  into cryptocurrency, sometimes we may find unexpected results. At that time, patience will play its role otherwise we can panic even though at first we have strong confidence in a coin. So, knowledge and patience are ideal combination.

[Tipstar]

Trading is a really useful skill and everyone should experience as early as possible. But inexperienced people should limit their trades in a low amount as there are a lot of things that could go wrong. It teaches you different things like patience and emotional controls.

[Mahanton]

How about you? I want to learn from your experience too.

For those people who become trader until now do definitely experience this thing when it comes to trading.You would eventually learn and gain
all the possible things along the way.Mistakes are inevitable but somehow you can able to avoid on next engagement yet you already gain knowledge/experience & awareness.
Some people cant just really easily absorbed nor accept mistakes that why ending up on giving up in loss.

[tranquynhtien]

People who trade every day will certainly build their own patience. Everything that goes through in trade will definitely make a new experience. Even that can be profit or loss, so this trade is very good for various things and what is certain is patience.

Maintaining your patience, and keeping your emotions as stably as possible are key to help you get good results for your investments. In crypto, if you are lack of patience, and have unstable emotions, your will make stupid orders, repeatedly, then you will lose all or most of your money.

[jarhed]

People who trade every day will certainly build their own patience. Everything that goes through in trade will definitely make a new experience. Even that can be profit or loss, so this trade is very good for various things and what is certain is patience.

Maintaining your patience, and keeping your emotions as stably as possible are key to help you get good results for your investments. In crypto, if you are lack of patience, and have unstable emotions, your will make stupid orders, repeatedly, then you will lose all or most of your money.

The term "patience" is not very well suited for trading. I am engaged in trade and I have no patience, but I get profit from this activity.

[graffix]

Trading in cryptocurrencies needs more patience than forex trading. I tried only a few times crypto trading. but never got results like in forex trading. Cryptocurrency trading needs more patience and more knowledge about the coins we choose. another most important thing is project-related news.

[konflikkastil]

I have thoughts like you, when I found profit, I immediately sold it, because I was a greedy person who caused me to lose a lot of money when trading, at that time I didn't sell when the price reached its highest point ... I thought it would be higher but the day after that I didn't realize if the price was dumped
I only advise everyone not to be greedy

[Rikotin]

I have thoughts like you, when I found profit, I immediately sold it, because I was a greedy person who caused me to lose a lot of money when trading, at that time I didn't sell when the price reached its highest point ... I thought it would be higher but the day after that I didn't realize if the price was dumped
I only advise everyone not to be greedy

yes, if you want to make a profit in trading, which is to buy at a low price and sell when the price is high, understand the price movement of the coin and if you see a chance of a price increase, just throw it away. I always do this in trading.

[Raidal]

this is my experience...

as we know Crypto Market is very volatile and very unexpected, more because of its anonymity. Trading is also risk-related, so you succeed as a trader, you have to have an open mind about trading, and you can't do fundamental analysis like you do for forex, because the opportunities are so low that we know when there will be big purchases or sales. However, trading can be very useful if you trade one day and focus on long-term investments too.

when you think the market has reached its lowest point and you can do simple technical analysis and find support or resistance - this will not give you a perfect picture but you can still find the mindset of traders in the past with this tool and speculate.

Balance and make a good plan before making a decision, it's about how patience will play a big role in this market, always doing research on market movements with every coin you will drive, buying at the lowest point and selling when you see good opportunities, always calm when analyzing your assets. and one is not greedy. if you see an opportunity, just throw it away!

How about you? I want to learn from your experience too.

That's really what you say. I also get lessons in patience and new experiences from trading. Every day I see price movements that make me even more motivated to become a professional crypto currency player. There are times when I have to be really patient to wait for the price and profit that I want. I have to be patient with every process on the market. I also get a lot of experience from the movements of each exchange site.