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Author Topic: your patience is being tested  (Read 5530 times)
Free1bitco.in
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November 05, 2019, 09:59:48 PM
 #341

We have no control over the market's behaviours, only the huge contributors and investors can make it move. So all we have to do is wait for the market to recover from a downfall. It has happened before countless times already with long durations. Just make sure not to leave your coins in exchanges or better yet monitor its price.

Also patience can be sometimes a good and a bad thing. Before, I was too patient that the coins I had depreciated. If only I grabbed the opportunity just like how my colleagues did, I could have earned more. But I chose to be patient which led me to loss. See, patience can be both bad and good.
market conditions are very difficult to predict. for now, we need to wait and be patient until prices recover. if you are late in selling the assets you have, it's better now that we go back to the activities we often do while waiting for prices to recover. I think the price of the cryptocurrency will soon recover, and we can see that in 2020.
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November 05, 2019, 11:32:25 PM
Last edit: November 06, 2019, 01:25:46 AM by Dreamr
 #342

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 was lost my patience when cryptocurrency was going to worst than worst. But I didn't sell my all token even any shitcoin. To take advantage from this condition, you can start mining or trading, when will bullrun start this process will make you worth.
the first concern arises when a dump occurs, and continues with a length of time that does not immediately change the situation. that's where our hesitation starts. at this time we must be able to think clearly to make decisions. Don't let panic overwhelm us. therefore patience must always be there until the price improves later

Bitcoin is still profitable though, only the altcoin market is not doing good.
And right now, I don't actually HODL any altcoin because I sold all my altcoins since 2018.
I'm currently HODLing only bitcoin, I follow the market as well. I don't like HODLing coins that are no longer profitable.
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November 05, 2019, 11:53:22 PM
 #343

i never panicked easily when i see the fallen price of my coins that i hold. especially on bitcoin. i bought it and hold it since january 2019 and sold it at last month. i have so much profit from my patience. no matter what altcoins do you have, most of their price will pump if bitcoim is pump too.

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November 06, 2019, 12:23:47 AM
 #344

i never panicked easily when i see the fallen price of my coins that i hold. especially on bitcoin. i bought it and hold it since january 2019 and sold it at last month. i have so much profit from my patience. no matter what altcoins do you have, most of their price will pump if bitcoim is pump too.

If we hold bitcoin, we really shouldn't panic excessively because we hold the safest investments in the cryptocurrency market. Indeed we should not easily panic because when we panic, we tend to make decisions based on emotions and in my opinion this will not be good results
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November 06, 2019, 12:28:06 AM
 #345

i never panicked easily when i see the fallen price of my coins that i hold. especially on bitcoin. i bought it and hold it since january 2019 and sold it at last month. i have so much profit from my patience. no matter what altcoins do you have, most of their price will pump if bitcoim is pump too.
Your patience gives you a huge benefits. Investors who knows how to do their research and how to manage every situations that happen around the market are those who mostly earn the maximum benefits after deciding to sell their holdings. Not just because the trend is keep dragging your asset
down means that you'll go and panic. Best to think and analyze before taking any action to make sure that you'll not going to regret your decision.

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November 06, 2019, 12:47:16 AM
 #346

i never panicked easily when i see the fallen price of my coins that i hold. especially on bitcoin. i bought it and hold it since january 2019 and sold it at last month. i have so much profit from my patience. no matter what altcoins do you have, most of their price will pump if bitcoim is pump too.
Your patience gives you a huge benefits. Investors who knows how to do their research and how to manage every situations that happen around the market are those who mostly earn the maximum benefits after deciding to sell their holdings. Not just because the trend is keep dragging your asset
down means that you'll go and panic. Best to think and analyze before taking any action to make sure that you'll not going to regret your decision.
In my opinion, to have the best patience in investing, you have to go through many different stages in this market because not everyone is calm enough when the market declines. I think this year people's psychology is getting better and they don't have to worry too much about investing so if you're considering investing in this period of time, do it now because the opportunity will definitely come to you someday.

Every time I buy altcoin, I often think twice to make sure everything is safe when investing because a lot of altcoins are highly volatile and make us a lot of risk if we choose that coin.
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November 06, 2019, 01:08:53 AM
 #347

i never panicked easily when i see the fallen price of my coins that i hold. especially on bitcoin. i bought it and hold it since january 2019 and sold it at last month. i have so much profit from my patience. no matter what altcoins do you have, most of their price will pump if bitcoim is pump too.
but the fact that's not always like that. bitcoin and altcoin are just small correlation between them
so, it makes both doesnt always similiar price movement. even in this time, both has lower correlation than last time
bitcoin can go up and altcoins do opposite, it make people who hold altcoin being tested their patience
it is better to sold altcoin and move in bitcoin now

 
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November 06, 2019, 01:19:43 AM
 #348

i never panicked easily when i see the fallen price of my coins that i hold. especially on bitcoin. i bought it and hold it since january 2019 and sold it at last month. i have so much profit from my patience. no matter what altcoins do you have, most of their price will pump if bitcoim is pump too.
but the fact that's not always like that. bitcoin and altcoin are just small correlation between them
so, it makes both doesnt always similiar price movement. even in this time, both has lower correlation than last time
bitcoin can go up and altcoins do opposite, it make people who hold altcoin being tested their patience
it is better to sold altcoin and move in bitcoin now
That happens because bitcoin is the king of the market so it dictates the movement of the overall cryptocurrency market. When bitcoin go up and the altcoins go down, it simply means that the people are chasing the money and they don't want to lose the hype train to make profits but that is not how you should act on that circumstances because it is better to stay and accumulate while the altcoins is going down and be patient and sell at the top.

 
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November 06, 2019, 02:03:49 AM
 #349

i never panicked easily when i see the fallen price of my coins that i hold. especially on bitcoin. i bought it and hold it since january 2019 and sold it at last month. i have so much profit from my patience. no matter what altcoins do you have, most of their price will pump if bitcoim is pump too.
The thing that should be owned by everyone should be like you, I agree that always have faith that what we invest will be profitable and need patience in determining when to sell and buy. bitcoin is currently still the best compared to altcoin for investment.
in addition to patience also needed the right analysis to make an investment.

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November 06, 2019, 05:58:45 PM
 #350

i never panicked easily when i see the fallen price of my coins that i hold. especially on bitcoin. i bought it and hold it since january 2019 and sold it at last month. i have so much profit from my patience. no matter what altcoins do you have, most of their price will pump if bitcoim is pump too.

It's your great opportunity or indeed you have the patience in you to not worry about the price that will occur later. Everyone will never be able to have the same thoughts as you to stay relaxed in any matter. At the present time the price of Bitcoin is experiencing an increase in price.

the level of patience when an investment is made is important because I myself have not been able to do my best to control my emotions when investing. because it becomes important in addition to doing research on a coin, hoping in the future I can be wiser in holding
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November 06, 2019, 06:12:20 PM
 #351

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.
Exactly!
You must have a lot of patience in this as you never know what will happen next either you loose or you win that really depends on your luck and even on your calculations and your attentiveness on the updates whatever you get so that you can act accordingly.
If by chance you are in loss and if further also the lose gonna increase so you must sell that at a lesser loss and not on a heavy loss than that.
Of course something is better than nothing.
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October 09, 2020, 06:21:44 AM
 #352

I think everything in crypto business is a risky task, and patience is part of it. But speaking of selling right away even on a low price was not a loss because sometimes selling in a low price is a good decision that the price gets even lower and the worst part is the price would not come back to increase. So patience is very important and decision making.

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October 09, 2020, 06:36:06 AM
 #353

Nothing can be done without patience in working in the crypto market no one can say which way the crypto market will go when it is not stable therefore waiting patiently is the best way to achieve success. Because if you don't wait for the price of any currency to go up in the market you will not understand even after selling a lot of time the price goes up a lot you have to wait patiently to get the benefit.
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October 09, 2020, 07:19:27 AM
 #354

In these kind of situations I tend to ignore the price aspect of the market and avoid checking Delta app to save myself from any potential doom and gloom thoughts. Take a short break from crypto if you are a hodler, its for your own good, why torture yourself if you dont have to.
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October 09, 2020, 02:39:22 PM
 #355

If you are used to doing trades in a daily, hourly basis then you cannot refrain yourself from keep on checking on your profolio, the best you can do is switch you assets to stablecoins like USDT to prevent from excessive loss, then switch back to buying coins the the market get back ot bullish, in that way you would be able to get profitable gains.
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October 09, 2020, 05:02:17 PM
 #356

If you are used to doing trades in a daily, hourly basis then you cannot refrain yourself from keep on checking on your profolio, the best you can do is switch you assets to stablecoins like USDT to prevent from excessive loss, then switch back to buying coins the the market get back ot bullish, in that way you would be able to get profitable gains.
When the market is bad, the best way is to look away for a moment maybe for a few weeks that's what I do
because I don't depend on day trading for life
this is what I don't understand about people why they depend on trading? Trading is a side job and you must be ready to lose your assets so you don't have to stress seeing the market conditions

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October 09, 2020, 06:02:22 PM
 #357

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 am more of a longterm holder and i do not worry much about dips and corrections because i am quite sure that once longterm bulls will be here the market will grow unstoppably and the price of top coins will grow massively everyday, it is just that i will wait for such market and will take partial profit when the market will have gained to my liking and there i will take partial profits because i have been holding for very long so taking some profit is also due.

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October 09, 2020, 06:09:43 PM
 #358

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.

Its only normal for Alternate Cryptocurrencies value to start at a low price since not all of them started strongly favored. That means that the Cryptocurrency have the opportunity to grow and improve their platform since we can see from different Cryptocurrencies that when they started out so high, the users are panic selling their Crypto's to gain that profit instantly since they are sure that the value will drop from there. So yeah, patience is really necessary if we want to gain profit.

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October 09, 2020, 06:21:13 PM
 #359

I didn't do much change apart from investing in the long term. but on the one hand I started trying to take short-term profits through several Defi projects. I know this is more risky, but it is not a problem as long as it is not greedy and comes out after getting enough profit from the Defi project.

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October 09, 2020, 06:40:05 PM
 #360

My patience is being tested many times as I am directly involved in trading almost 2 years ago so I know how to handle this situation. If you are a new comer then you may think this is the right time but if you cope up with this without any strategy then your all efforts will be in vain.

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