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Author Topic: your patience is being tested  (Read 5528 times)
mirakal
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August 12, 2019, 11:16:17 PM
 #61

be patient is a behavior that you must have in the crypto market because the crypto market is always unpredictable many things that you don't know exactly.
patience is one of the most difficult skills at this market because situations change very quickly and people cannot withstand the stress that the market gives to them.

I don't call it a skill as your patience alone will not make you successful investing in crypto.

You need to be smart because being smart will help you make a good strategy and in order to implement the strategy you need to be in control of your emotion and you have to be patient when your target is not yet achieve or the price has dump because you need to focus on your goal which is to always sell at a profit.

if you make a wrong move or make a wrong decision, you will suffer losses.

This showed that one lack patient, you can make a wrong move when everything is plan, you just need to follow the plan using your mind and must have control over your emotion so you will not panic and make a wrong move.

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August 12, 2019, 11:25:16 PM
 #62

The bitcoin dominance is very high now,
I will patience in this current situation and wait for more time.Because, I play for long term.
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August 12, 2019, 11:30:12 PM
 #63

My patience has been tested already, and now there's no need of test because it's proven worthy of handling things over. The struggles is real and nothing in need of confirmation on how dedicated I am with the recent market changes. What's important is we knew where is our boundaries for our holdings.

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August 12, 2019, 11:33:59 PM
 #64

With this market condition, yes I agree our patience is tested, and only patient people can survive.
Is your routine still the same as usual or change other options? I think my routine same, i still have backup assets so i don't worry in this bear market

there needs to be spare funds to stay away from worries, so you make smart moves when prices continue to fall we can buy cheaper than before.

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August 13, 2019, 06:18:31 AM
 #65

Divert your attention, I myself also patiently waiting for the right pump, right profits. But the market seems so playful and tricky, the more we wait, the more he dumps. Lol. So there are few things I am diverting my attention to atleast not be tempted to sell at loss. It's either i buy more at bearish moment or trade some coins rather than what I am holding. I am always thinking where did I start and that I know this is the risk of crypto holding to atleast ease the tension of selling and not tempted my patience.
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August 13, 2019, 07:31:55 AM
 #66

yes when the market is in a bad situation, of course our patience is being tested, and this depends on how we manage our investments correctly. I personally still stick with the market and sometimes change other options with trading. This is an effective way to survive when market conditions are bad.

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August 13, 2019, 08:09:23 AM
 #67

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 with a loss is not a good decision and it is caused by several factors including economic urgency and it could also be because seeing the price of coins there is no further development so they do by selling losses. the option I hold is to stay long-term, I am always patient and wait for the market to stabilize again.

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August 13, 2019, 08:58:22 AM
 #68

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.

In current market conditions, ignoring price movements in the market is the right choice. With the increasing dominance of bitcoin, there is no sign yet for altcoin to recover. I think, being patient is the best choice right now and holding our investment for a longer period

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August 13, 2019, 10:32:31 AM
 #69

if market is at low, i am just watching those altcoins that goes uo and down Grin.. i don't care at all as i have already tested my patience last bear market Grin Grin
I do not think that this is the last bear market, but definitely, this stage of the bear market is already finishing its completion. somebody says that it has already ended, but I think that it continues until all altcoins begin to show growth Wink

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August 13, 2019, 01:23:03 PM
 #70

Honestly, that question is really hard. We do really use our minds in trading but personally we do not like patience. Even when my patience gets tested, i always think about other solution either to trade fastly and run or to just opt out and look for another position worth the patience. I do accept being patient only when the reward is hilarious.
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August 13, 2019, 02:06:04 PM
 #71

patience in trading and cryptocurrency are the main factors, as happened in 2018, all have seen the weakness of the market, we still survive, and when bitcoin has increased in Q2 2019, some people have felt the results of patience, so for altcoin things will also happen so, so stay patient and continue to observe the market.

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August 13, 2019, 02:13:30 PM
 #72

if market is at low, i am just watching those altcoins that goes uo and down Grin.. i don't care at all as i have already tested my patience last bear market Grin Grin

Yes, it is better to watch the price moves than to buy if we don't know when is the right time to enter the market. But if we know that there is a chance for us to buy a lower price, it will be good time for us to buy the coin so we can wait for a while until the price increase. In this bear market, we are forced to be patient for a long time, and that will need the power to stay calm and watch the market moves. But I am sure that we can pass this situation and when the market starts to rally, we will be able to make a profit.

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August 13, 2019, 06:16:10 PM
 #73

if market is at low, i am just watching those altcoins that goes uo and down Grin.. i don't care at all as i have already tested my patience last bear market Grin Grin

Yes, it is better to watch the price moves than to buy if we don't know when is the right time to enter the market. But if we know that there is a chance for us to buy a lower price, it will be good time for us to buy the coin so we can wait for a while until the price increase. In this bear market, we are forced to be patient for a long time, and that will need the power to stay calm and watch the market moves. But I am sure that we can pass this situation and when the market starts to rally, we will be able to make a profit.
I do not understand how we can know the lowest prices. I decided for myself to buy cryptocurrency assets at different drops in their price.
I do not panic when prices fall.  Because I know that after every fall there will be growth.  You just need to drive it into your head.  Because without this confidence, it’s very difficult to take risks.
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August 13, 2019, 08:27:48 PM
 #74

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.

Do you want to become a successful trader in the cryptocurrency market? So you must learn to maintain your emotions and have patience first. You need to trade with a cold head, otherwise you will not be able to make a profit and you will quickly lose your money.
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August 13, 2019, 08:42:51 PM
 #75

Do you want to become a successful trader in the cryptocurrency market? So you must learn to maintain your emotions and have patience first. You need to trade with a cold head, otherwise you will not be able to make a profit and you will quickly lose your money.
Cold head, comes only with experience. One way or another, you need to make mistakes many times in order to become successful. Everyone notices success, but no one looks at the succession of failures that followed this. On this occasion, Michael Jeffrey Jordan came up with a good phrase, who are interested in looking on the Internet.
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August 15, 2019, 03:38:16 PM
 #76

I find this post quite funny, after the bullrun in late 2017, we have been experiencing Highs and lows in the Cryptocurrency market with the lows dominating and you are saying that it's just a test of patience? A test if patience that is close to 2 years old. We have grown and adapted but the fact remains that most of us would still adjust and maximize our profits I a bullrun too.

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August 15, 2019, 06:40:39 PM
 #77

They say when you have a particular habit that you are no longer comfortable with, and then you have to replace it with another habit.

In this case, while waiting for these long term investment of mine to yield result, what I just do in other to help me overcome the temptation of having to sell my coin at low price because of doubt and uncertainties, I just strictly go into short term trades also, because during the time we have all been waiting for the new ATH to arrive, there has been so many chances of making more profit from doing short, and this is why I don’t usually blame those that are doing shorts, they have to also look for another alternative to make money and then help them stay a little longer with their long term investment projects .

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August 21, 2019, 07:52:02 PM
 #78

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.

You need to understand that looking every day at how the price of your coins falls and it is impossible to constantly be patient. Every person who will receive losses from trading or investing will lose his patience someday. The best way to be patient is to invest in the most reliable coins, which have little chance of falling much in price.

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August 21, 2019, 10:51:23 PM
 #79

I have very little patience and therefore it is difficult for me to invest in new projects that are just entering the cryptocurrency market. Therefore, I invest in projects that have already shown themselves and in which I am sure that their price will not fall ten times over time. Invest in coins from the top 20 and your patience will not suffer.

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August 21, 2019, 11:48:46 PM
 #80

Well said, the patience is not unlimited but the stress level is limited and can harm the trader's mentality. The cryptocurrency market can be dangerous for the new investors, there are tons of reasons why they should not invest the money which they can't afford to lose, especially in the volatile decentralised market.
You are absolutely right. Since mid-2018 until now I have been trapped more by the market and several times Cut loss in order not to lose more funds. Of course, it affects my mentality and confidence, so I prefer to just wait and see until the market is conducive.
New investors who are inexperienced, easily influenced, want large profits in a short time, are not suitable in a market like this.

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