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Author Topic: your patience is being tested  (Read 5530 times)
bonyaserg
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October 10, 2019, 10:26:48 AM
 #221


Yes, it’s absolutely true when trading on the exchange takes place, the nerves are at the limit. Since the sale of tokens requires very quick solutions. Since any delay can affect the loss of large funds. So with any payment transaction you need to be extremely careful. I wish you all the best of luck.
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October 10, 2019, 11:19:10 AM
 #222

For expert traders any market condition won't hinder they ways they make profits but for new traders like myself i have to place my bets only when bitcoin market is bullish, the best time to make big from trading is bullish time because thats the only time you can predict market movement

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October 10, 2019, 12:06:35 PM
 #223

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.

yes you're right our patience is indeed being tested with crypto market conditions like this. but I am always optimistic that bull run will come. when the market conditions are stable like this I seek profits by buying new coins. I will buy a new coin at a cheap price then a few days when the price rises slightly I will sell it. I didn't hold a new coin because it was very risky. most new coins cannot last long. so I just looked for some profit then I sold. and I also keep my bitcoin when bitcoin increases by about $ 100 I will also sell it. so when the market is sluggish like now doing daily trading is the solution so that we continue to make a profit.

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October 10, 2019, 07:23:15 PM
 #224

I was out for a while and also every time I trade I always set an alarm so that I can make sure that I don't lose a lot, I always set a limit of what% I will lose and win, it prevents you from acting stupid, greedy, and no targets.
people who just keep a few coins usually hold for a long time even after losing 30% of their assets and hope it will improve even though that is not necessarily the case.
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October 10, 2019, 07:31:30 PM
 #225

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.

Everyday is a risk that people here take and it is difficult to keep yourself from ending the investment or settling down in a deal in trading. Questions like what if there is a greater deal ahead and if you missed it, you will regret it. The market has its fluctuations and sometimes it is hard to stick with your plan but years of experience have made me almost stone col yet not ignorant to these sudden changes in the market. If the market is low and I have enough, I will buy more and pray for the rest, hoping tomorrow it can be sold in higher price.
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October 10, 2019, 07:46:25 PM
 #226

For expert traders any market condition won't hinder they ways they make profits but for new traders like myself i have to place my bets only when bitcoin market is bullish, the best time to make big from trading is bullish time because thats the only time you can predict market movement
if you are a professional trader then for you it does not matter what phase of the market is now. You can earn both in the bear market and in the bull market. I think that those people who know how to make money on falling prices earn more than those traders who work in a bull market

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October 10, 2019, 08:09:25 PM
 #227

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 condition of market always changes so try hard not to be swayed easily by those changes because if you do, you won't last in this industry. Always stick on your objective and plan as much as possible. There will be times that you will regret not trading but the reality you can't absolutely predict when is the best trade. Don't let your emotions control you and don't be discourage whenever the market is not good today because there is always next time.

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October 11, 2019, 04:51:12 AM
 #228

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.

Selling at low price is too late, i would sell my coin once the price decreased 20%. Although i sell at loss, it will be better than sell when the coin have no value anymore. When you are a market player, or trader i would say, you need to know when you must buy or sell, not holding the coins.

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October 11, 2019, 05:18:22 AM
 #229

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.

Selling at low price is too late, i would sell my coin once the price decreased 20%. Although i sell at loss, it will be better than sell when the coin have no value anymore. When you are a market player, or trader i would say, you need to know when you must buy or sell, not holding the coins.

You can cut loss at that point as 20% is just a small percentage here in crypto.
Sometimes we will see bitcoin rise 10% in just 24 hours and certain altcoins even rise 50% or more, so if you loss in some altcoins, you can also make profit in other altcoins, just make sure you have the skills and you know how to properly initiate at the right timing.

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October 11, 2019, 05:27:27 AM
 #230

Selling at low price is too late, i would sell my coin once the price decreased 20%. Although i sell at loss, it will be better than sell when the coin have no value anymore. When you are a market player, or trader i would say, you need to know when you must buy or sell, not holding the coins.
Nice one! Setting limits is a good practice especially for investors like us which deals with volatile market. If you leatn yo know when you should exit to prevent further losses then of course you should also learn how to exit when you finally made some profits. What I do is withdraw my holdings once it doubles or at least half doubled depending on how lively is our market. I am not the kind of holder that wishes 'penny into million' because I know that becoming too greedy is bad and might end you up to nothing Smiley.



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October 11, 2019, 05:35:04 AM
 #231

I still apply the basic strategy, especially with Bitcoin. If the market situation is shaky, I keep convincing myself to forget about my investment for a while and wait until the market recovers again. Sometimes, our hype and emotions only affects our way of thinking towards our investments. Waiting for the perfect time despite the dip would make us gain a better profit in time.
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October 11, 2019, 10:38:22 AM
 #232

If the market continues to decline, of course, I will buy the top 10 altcoin and will maintain it until it recovers, all need patience in the market game so as not to bear the loss, I once made a purchase when the market price fell with carelessness I sold it with a rush under the price I bought, finally I learned from the experience of dump prices now I dare to buy because someday btc and atlcoin will rise

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October 11, 2019, 12:10:02 PM
 #233

If the market continues to decline, of course, I will buy the top 10 altcoin and will maintain it until it recovers, all need patience in the market game so as not to bear the loss, I once made a purchase when the market price fell with carelessness I sold it with a rush under the price I bought, finally I learned from the experience of dump prices now I dare to buy because someday btc and atlcoin will rise

Agree, when many people are afraid to enter the market when the market is down, there is an opportunity for us to buy tokens at cheap prices. Patience will be paid if we hold coins that are legit and have a good project
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October 11, 2019, 12:12:56 PM
 #234

Without patience you can left investing with bitcoin, altcoin or joining ICO investment, you have keep patience when looking price of bitcoin and altcoin still lower price and hold it, after price raise up you have sell it and never make you hungry with not enough profit do you want to get because is the way how to make you lost with bitcoin and altcoin investment.
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October 11, 2019, 12:19:33 PM
 #235

For expert traders any market condition won't hinder they ways they make profits but for new traders like myself i have to place my bets only when bitcoin market is bullish, the best time to make big from trading is bullish time because thats the only time you can predict market movement

Expert traders is not always win in every trade , they sometimes lost but they have the stop limit for their trade and never hold for a long time. And also they have a very good risk management so they can handle their loss with more profits
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October 11, 2019, 12:22:15 PM
 #236


Yes, it’s absolutely true when trading on the exchange takes place, the nerves are at the limit. Since the sale of tokens requires very quick solutions. Since any delay can affect the loss of large funds. So with any payment transaction you need to be extremely careful. I wish you all the best of luck.
Our emotions will be tested in this condition. at least I have been in the cryptocurrency market for almost 4 years but I still cannot control the market and now I have to be patient with what happens where we have to be able to control myself when the market is experiencing a price decline like now

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October 11, 2019, 12:32:57 PM
 #237

I still apply the basic strategy, especially with Bitcoin. If the market situation is shaky, I keep convincing myself to forget about my investment for a while and wait until the market recovers again. Sometimes, our hype and emotions only affects our way of thinking towards our investments. Waiting for the perfect time despite the dip would make us gain a better profit in time.
That's a good idea. Whenever you feel that there are  chances that emotions can cause panic to yourself, better not think about your assets. You will just get distracted and lose your focus and can only ruin things out of your investment plans. Right attitude and mindset towards the market situations will allow you to keep holding while you are waiting for the recovery stage. You need to protect your money and never follow those weak holders and lose your money.

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October 11, 2019, 01:07:08 PM
 #238

For expert traders any market condition won't hinder they ways they make profits but for new traders like myself i have to place my bets only when bitcoin market is bullish, the best time to make big from trading is bullish time because thats the only time you can predict market movement
Yes, when the market is bullish, you can make some gains in the short term. However, there are risks to buy Bitcoin at the peak of price activity. The optimal strategy would be to invest in cryptocurrency for a long period without daily trading. This is suitable for everyone who is engaged in investing. But the cryptocurrency market is very volatile and you need to buy different cryptocurrencies with only a part of the funds that you invest in any assets.

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October 11, 2019, 03:36:13 PM
 #239

Yes, patience is the key my friend, in each and everything. You need to be patient while investing and don’t panic when you see a certain downfall in the market. Just relax and trust in your investment to the fullest, eventually your investment will pay off and you will have success.
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October 11, 2019, 03:44:57 PM
 #240

Yes, patience is the key my friend, in each and everything. You need to be patient while investing and don’t panic when you see a certain downfall in the market. Just relax and trust in your investment to the fullest, eventually your investment will pay off and you will have success.
it is difficult for the market to grow quickly. especially if I'm a new crypto investment. experiencing a large asset decline certainly makes me stress and panic. want to sell will be a big loss, waiting for fear of greater losses suffered. isn't that natural? patience only for those who can control and understand very well in the condition of assets and markets.
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