Kecipir (OP)
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August 10, 2019, 05:15:09 PM |
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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.
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moynul2050
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August 10, 2019, 05:27:47 PM |
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this is the experience that I experienced and I do now, With the price of altcoin falling a lot now, I ventured to do CL and immediately bought it cheaper and made several short-term trading times with a slight difference in the hope that I would still make a profit (albeit slightly) to recover the CL losses I did and add the number of tokens I have, so that when the price rises again I will get more profit.
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The Cryptovator
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August 10, 2019, 05:32:12 PM |
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Most likely you are title is true. My patience have been testing mode. I have bought some altcoin those are almost 5X down now. But still I am holding them instead of sell in lose. Likely will never sell them until recover my buy price. For that reason I have taken a break from trading. But what I believe, most of newbies (traders) likely lost their patience and sold their altcoin. And obviously they will be in lose now.
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Tipstar
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August 10, 2019, 05:37:59 PM |
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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.
What I learned is diversification is not only a tool to increase the profit but also to contain yourself. If you have diversified investments, even if you are losing in some, you'll be making a profit from others. Leave alone the number, tracking them all would just make you occpied and let you take the descisions slow and calm.
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rosezionjohn
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August 10, 2019, 06:16:57 PM |
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when patience is being tested, what are you doing in this market, is your routine still the same as usual or change other options?
Routine changed. Before, I would sell at a loss and try to look for another coin to trade to maybe recover my losses. Now, I try to ignore and not trade at all. If anyone is planning to follow what I'm doing, please make sure that you're holding a crypto that you know will survive for long. if you are a market player, you will know how to survive or take advantage of the market in any condition.
This is easier said than done but it's true.
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takngantuk
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August 10, 2019, 06:21:51 PM |
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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 will leave the market for a moment. after I start to calm down a bit and have the energy I'll come back. but I will not buy, but to see the situation whether it has changed or even become worse. this is what I always do, when I'm stressed out at the bear market.
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Metall303
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August 10, 2019, 06:26:23 PM |
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if we work as professionals in this market then we have the opportunity to earn always and under any conditions! Just need more expirience
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Thanasis
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August 10, 2019, 06:29:47 PM |
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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 the market condition is challenging for the traders then it is better to stay away from trading when you can't able to handle the risks or don't have enough capital to out that into risky condition.But the real trader will get more profitable on the challenging conditions.
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jacafbiz
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August 10, 2019, 06:34:33 PM |
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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.
If there is something I have learnt the hard way in this space is never to struggle with trend, it would be better if you can just start out of the market for now and take some fresh air and come back refresh, not every trade would make you money and with the way most Altcoins is performing now, it is better to keep your money than lose it
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bigcash2011
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August 10, 2019, 07:44:01 PM |
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Trading and investing is overall a game of patience, if you have not got patience then i fear you will loose more than you can make in this highly volatile market.
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sri.bima
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August 10, 2019, 07:55:53 PM |
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Patience is the key to success for me. I often trade trading strategies and respond to market conditions. When many people start to like cryptocurrency trading, of course it will increasingly make it better. But we must be clever in reading the situation, do not measure losses but must try to anticipate losses.
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passwordnow
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August 10, 2019, 07:58:23 PM |
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when patience is being tested, what are you doing in this market, is your routine still the same as usual or change other options?
Yes, I have the same routine whenever the market is on bad charts. I don't have something to do because I just keep on doing what I used to do. Mostly, when the price drop that much it's starting to be noticeable and that's the right time for me to buy. 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.
Cutting loss, I did this before but for me I don't think that I'm ever wanting to follow this strategy. It's now or never for me.
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esatceza
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August 10, 2019, 08:12:43 PM |
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I think the market is showing signs of going down, so you should wait patiently for the currencies to bottom. If you are holding a few higher prices now, please continue to keep it. I believe the market will soon recover. Selling out at a low price is stupid, it will make you more and more lost. Please wait patiently
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rdluffy
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August 10, 2019, 08:25:22 PM |
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If you are a day trader and want to make money quick and easily, this is probably a bad moment If you are here for the long term and have your portfolio based on solid coins, with real usage in the future, you should be fine, don't worry, enjoy the ride and take a break until prices rises for alts
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FontSeli
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August 10, 2019, 10:55:10 PM |
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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.
Many people lose a lot of money because they hesitate to sell their altcoins at a dropped price. The main thing in this matter is to understand that the price will continue to fall and there is no need to delay the decision to sell assets falling in price.
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Celebrate Julian's freedom!
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inoes
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August 10, 2019, 11:03:13 PM |
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this is the experience that I experienced and I do now, With the price of altcoin falling a lot now, I ventured to do CL and immediately bought it cheaper and made several short-term trading times with a slight difference in the hope that I would still make a profit (albeit slightly) to recover the CL losses I did and add the number of tokens I have, so that when the price rises again I will get more profit.
it is a very risky decision, if you are a Trader, then Cutloss is common, the most important thing is your capital can be returned, because prices rise and fall is the law of the market, it is not possible for a price to always continue to rise.
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Chainsmokers
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August 10, 2019, 11:39:14 PM |
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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 the price of the coins that I hold slowly falls, I will start observing their movements to take our next decision and prepare another strategy by observing some other potential coins and preparing to buy them, because when the price decreases it is the right time to start buying some coins according to our potential.
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jhonjhon
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August 10, 2019, 11:47:14 PM |
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All the times since from the very beginning. Patience is something we need in order to succeed in a very risky investment. But some of us can't uphold and can't even stand for it causing them to lose rather than to have market returns. I lose some but gain more as I'm patiently waiting for the right moment to sell my coins.
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jazmuzika217
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August 10, 2019, 11:49:58 PM |
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Yes you are right selling in a long price is like buying a loss. From the start you already know and must accept the fact that crypto is very fast moving,going up and most of the time going down. We need more patience when we invest because this is one of requirements going to success. And sometimes too much greed will bring you to loss. So make a good strategies and have lot of patience.
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PuertoLibre
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August 10, 2019, 11:52:53 PM |
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The market doesn't check our patience and our knowledge, it has its seasonal cycles which have random timing. Turning around the support and resistance level is a job of the market but in a small crypto market, the speculation is not regulated. Having patience can save the crypto portfolio but you don't have any loss unless you sell in the bad market conditions.
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