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Author Topic: your patience is being tested  (Read 5530 times)
Distinctin
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August 30, 2019, 10:40:22 PM
 #121

I have been patient with some of my altcoins . Price presently has gone below ico prices . Being tempted more often than not to sell at a loss but I have counselled myself to hold on that better days are ahead. I hope my patience eventually pays off
As long as you hold an altcoins that has a good team, you don't have to worry on its future as eventually it will rise.
There's a lot of altcoins in the market, of the total altcoins, maybe only 10% are legit, so that's a hard task picking those legit coins as some looks legit but not.

But then again, it depends on how we spent effort and time making research prior to investing with the altcoins we are holding, and it's been proven in the past that altcoins is a good investment for long term hold, coins like XRP, ETH, and NEM where among the coins I hold and made a good profit during the last bull run.

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August 30, 2019, 11:34:25 PM
 #122

when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
I think for market player, patience always be the key to success. but looking at the current situation, I personally have to do other options by always seeing changes in the price of some altcoin that might make me get a little profit and I'm sure some of you do this too Cheesy

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August 31, 2019, 08:47:52 AM
 #123

when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.

The market condition is not so good, so i won't make any changes on what i usually do.
I think im gonna observing the market for a while until there are some significant changes in crypto market.
Selling coins at this time won't make any profit, or buying because we don't know when we will be able to sell higher.

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August 31, 2019, 03:47:39 PM
 #124

when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.

The market condition is not so good, so i won't make any changes on what i usually do.
I think im gonna observing the market for a while until there are some significant changes in crypto market.
Selling coins at this time won't make any profit, or buying because we don't know when we will be able to sell higher.
Observing gives you enough time to get something from the situations, there's no need of rushing it will only cause mistakes and unwanted decision making, assess and figure it out of you will be willing to take the risk without any hesitations, always remember that it's your responsibility to take care of your investment, make sure to always have a good setback plans..

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August 31, 2019, 04:10:55 PM
 #125

when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
when patience is being tested like this it means we have to show strength to survive in these uncertain market conditions, old strategies that are considered less effective are better changed into new strategies that will be more profitable, cut-loss is not good if it is done continuously, we must try to take advantage of every circumstance

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August 31, 2019, 04:14:40 PM
 #126

when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.

Patience is indeed tested. But when do you call quits? The bright side of the altcoin bear market is that not one coin is spared. Actually only Binance coin survived but still, you can't assign blame to the coin developer since the whole market was affected.

Now when the alt market rebounds and thrive again and then your coin is still dead. You're out of luck this time.

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August 31, 2019, 05:07:50 PM
 #127

Patience is a matter that must be maintained in any form, more with market conditions like this, we must fully condition trading strategies, of course it will make us better, read the right situation does not make us measure losses but try to anticipate them
In this market l'm not only trader waiting patiently, that is why there is no way to do something except waiting. As you mentioned l try to be patient, but my patience is limited up to few years. l try to buy altcoin and hold it, which is more profitable and cheaper than trading daily price fluctuations. My aim is such as everybody to hold it till bull run, it seems we have to be patient more time, it will definitely take a lot of time. Hope the strategies will save our initial investments.

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September 05, 2019, 10:56:40 PM
 #128

In fact, I generally stopped thinking about such things. I just do what needs to be done in order to eventually come to the endpoint that I designated for myself.
I do not lose patience because until the moment when my expectations come true, a lot of time will pass, and if I worry about it now, I will only waste my energy.
The crypto market is always trying to test our patience, I'm already used to it.

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September 05, 2019, 11:10:55 PM
 #129

when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
Yeah, I'm not ready to sell at that price right now. But my patience is still not exhausted. Sometimes it's hard, but I'm holding on. I mostly stick to hodl.

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September 05, 2019, 11:55:58 PM
 #130

Over the past two years, a lot of people have patience and sold their cryptocurrencies. Now the situation is difficult in the market and this is why psychology very much affects people.
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September 05, 2019, 11:58:05 PM
 #131

The situation has changed. I continue to try to adapt and choose to stay here, although not too much like the previous year. I am more focused on joining bounty rather than trading, several times trapped fake wall. Our patience is indeed being tested. But rest assured the good season will come again. Isn't cryptocurrency full of unthinkable and unpredictable things? so don't lose the chance.

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September 12, 2019, 10:42:15 PM
 #132

Patience is the best option of trading, if you want to become a gainer from trading then you need keeping your patience every time when your holding coins going down! don't show your impatient when market down!
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September 13, 2019, 07:53:49 PM
 #133

when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
Yeah, I'm not ready to sell at that price right now. But my patience is still not exhausted. Sometimes it's hard, but I'm holding on. I mostly stick to hodl.
Many coins are unlikely to rise, as a lot of bad coins, I have long sold almost all the coins, as they go down the capitalization, and special reasons and news they do not have that they returned to the top.

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September 13, 2019, 08:09:08 PM
 #134

there is no testing mode in crypto trading,you should be able to read the market movement situation if not you always fail to make a profit when you trade.For example I have a capital of 10 thousand dollars of course I will not invest in one coin because investing in one coin will be risky when prices fall,I always get profit because I choose 4 coins from a capital of 10 thousand dollars.If your money is stuck on a coin that falls,you better hold it until the price goes up again

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Torps1
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September 13, 2019, 10:13:44 PM
 #135

Trading teaches real life lessons and I have learned a lot from it. To stay calm when your patience get tested, you must have put in the necessary things that will guard and limit your loss in case you  are unable to survive the test.
Trading is good but caution is important!
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September 13, 2019, 10:31:00 PM
 #136

It’s really more than testing ones patience! Sometimes is just better to lose some than to lose all ! Not in the name of not wanting to sell lower and lose all ! At the end you will realize this !
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September 13, 2019, 11:08:07 PM
 #137

It’s really more than testing ones patience! Sometimes is just better to lose some than to lose all ! Not in the name of not wanting to sell lower and lose all ! At the end you will realize this !
That is why we need to minimize the risk by diversifying our investment, this is the only way that we won't be losing it.
If we invest in the top coins with great liquidity, I think we will not worry despite seeing the price dropping because the support is still present as evidence by a good liquidity, other coins loss their value and liquidity at the same time, hence it makes the project hard to recover.

Even at the very start, people if without patience, they will not enjoy the current price of BTC now.
Therefore, we should do the same thing, learn from the early investors and hope we will also make a fortune investing here.

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September 13, 2019, 11:16:14 PM
 #138

I'm waiting for some alts to go back to the price that I had purchased them at. I hate it when I buy the dip, and it keeps on dipping. So now I have to be patient.

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September 14, 2019, 12:17:12 AM
 #139

snip~
That is why we need to minimize the risk by diversifying our investment, this is the only way that we won't be losing it.
If we invest in the top coins with great liquidity, I think we will not worry despite seeing the price dropping because the support is still present as evidence by a good liquidity, other coins loss their value and liquidity at the same time, hence it makes the project hard to recover.

Even at the very start, people if without patience, they will not enjoy the current price of BTC now.
Therefore, we should do the same thing, learn from the early investors and hope we will also make a fortune investing here.
It is true. So it is very important to understand the right strategy before investing, trading, and doing other activities with cryptocurrency. So we can reduce the risk.
It is undeniable, even though I have implemented a thorough strategy and analysis, the loss remains a risk, I also experienced it throughout 2018. But at least the loss is not as big as if we do it without a strategy. The hardest thing is restoring confidence and trading mentality. How about you?

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September 14, 2019, 12:58:12 AM
 #140

when the market is bearish it is better to wait, or try to buy back, this is an averaging strategy,
minimizing losses by buying from below, as long as the coins we hold are quality coins we don't need to panic or be afraid,
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