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Author Topic: your patience is being tested  (Read 5528 times)
Mrcharles
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August 22, 2019, 12:50:53 AM
 #81

Patience alone is not all that is needed, one need to be smart about it too, have seen a lot projects gone under a lot of tokens become valueless before my eyes while waiting and was being patient. Sometimes a fast action is necessary

I agree with you, it's a good thing to be patient, but atimes being patient is not the best way. I remember holding some tokens of an abandoned project whose value was on the decline. On checking my portfolio one afternoon, I found out that the price was on the increase, I checked on the telegram group and saw a post of someone who is not an admin saying that the project has been sold out, I suspected a pump and quickly sold out 75% of my holdings, that was my best decision so far.
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August 22, 2019, 07:20:25 AM
 #82

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.
There is no guarantee that you won't be tested, what if you invested at the wrong time, like during the bull run?
Let's say for example, you bought ETH last January 2018 because you believe it's a strong asset and it will not dump, of course it's in the top 2, so that qualified on your choices.

During that time, ETH was valued at its highest which was almost $1,400, so you held until the end of the year which the value that time was only over $100. Now, let me ask you, will you loss your patience that time or not?

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August 22, 2019, 07:33:27 AM
 #83

Routine depends a little because the focus is split. Certainly not selling at a low price. I prefer hodl to reach the target. With the rest of the Btc I played on other alt coins, looking for profits even if only small.
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August 22, 2019, 07:52:52 AM
 #84

Our patients still being tested for a few years ago because the market is not back to the highest price. We are staying at the lowest price, and sometimes I wonder how long we should wait for this again. The market needs longer time to be back to the high price, and I don't think that we will see it in the next month because it seems, the price still stays at a rate now without going to break another higher price.

But we can hope that after the next month, the price on the market can increase although slowly. If the price can grow slowly, then we will see a rally this year.

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August 22, 2019, 08:00:13 AM
 #85

For me, only holding coins is not a solution to avoid loss or get profits from the crypto market. I think learning to have crypto trading and knowledge and take steps to get ways to get profit will be a wise idea. If one is suffering loss, he or she may switches to day to day trading for profit. 

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August 22, 2019, 09:09:14 AM
 #86

I made another option to anticipate a big loss by selling it and then buying it at a lower price with a large amount. It's better than holding it longer at the previous purchase price
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August 22, 2019, 09:10:35 AM
 #87

Im saving my fiat and avoid to entry in altcoin. Im join group with to much pro trader and they sharing what they know so we can take care each other but basically im not followers,im also look at the market condition. If look not profitable and to high risk i will keep my fiat and waiting momentum. At this time im more focus in bounty or airdrop.
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August 22, 2019, 10:02:42 AM
 #88

I think patience is the best weapon (of the strong) for those who bought bitcoins many years ago: will they have resisted the temptation to sell?
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August 22, 2019, 10:44:16 AM
 #89

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.

As of now, I'm still on stage of learning on day trading. In fact, it is still difficult to apply day trade to get profit
because the market was too unpredictable, the volatility was also hard to determine in which coins would be movable
in the exchange. Though, we may get profit but not huge. So its true that our patience will be test through this things.
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August 22, 2019, 11:40:28 AM
 #90

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.

As of now, I'm still on stage of learning on day trading. In fact, it is still difficult to apply day trade to get profit
because the market was too unpredictable, the volatility was also hard to determine in which coins would be movable
in the exchange. Though, we may get profit but not huge. So its true that our patience will be test through this things.

You did the right thing even I also implemented that strategy when the market was unstable, I trade every day with bitcoin because the price of bitcoin has risen compared to other altcoins. on the other hand I am also still patient with long-term investment and do not change it to other options unless I see my coins there is no price development maybe I will exchange it for a better coin.

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August 22, 2019, 11:45:40 AM
 #91

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.

As of now, I'm still on stage of learning on day trading. In fact, it is still difficult to apply day trade to get profit
because the market was too unpredictable, the volatility was also hard to determine in which coins would be movable
in the exchange. Though, we may get profit but not huge. So its true that our patience will be test through this things.

Trading may be a solution to make a profit when the market conditions are not too good if we have enough skills. But in my opinion, holding and being patient in uncertain market conditions is indeed difficult because the value of our portfolio continues to decline
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August 22, 2019, 05:00:27 PM
 #92

Certainly true patience is the biggest test when i Seeing all unstable coin prices, many people are patient in dealing with situations like this by looking at the trading market that is too slumped if clever in applying the trade can also take advantage of
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August 22, 2019, 06:54:57 PM
 #93


During the bearish market, I lessen my activity in crypto, coz I am trying to avoid to make an impulse decision like dumping my altcoins because of madness or regret of why I am preventing myself to sell during all time high.

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August 22, 2019, 07:07:06 PM
 #94

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 you know good in cryptocurrency and its market day trading is one good option.
Another one is to gather more tokens which has high quality of project and has a bright future in cryptocurrency.
Make a research and see what token will gain huge demand once the bull run.
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August 22, 2019, 07:36:52 PM
 #95

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.
Persistence and Consistency does really matter in this kind of market.If you do let yourself go low and do being controlled by emotions easily then you should get rid on it asap.

Patience is always been tested that's why emotion handling is crucial because it will affect each of your decisions towards your trading or investment.

R


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August 22, 2019, 07:43:15 PM
 #96

Now many coin holders as well as those who sell them are faced with a difficult situation.
The cryptocurrency market is very volatile and at the moment it is very difficult to guess what coin prices will be tomorrow.
I believe that you need to be very patient in order to achieve success in the market now.

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August 22, 2019, 07:44:52 PM
 #97

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.
Actually patience is one of basic & First condition for both of traders & investors. Without having patience, often there is high possibility to lose money. Although everytime  patience not makes people successful but losses can be reduced by having patience (Atleast it helps to stop pinic sell without Considering anything)

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August 22, 2019, 07:59:59 PM
 #98

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.

As of now, I'm still on stage of learning on day trading. In fact, it is still difficult to apply day trade to get profit
because the market was too unpredictable, the volatility was also hard to determine in which coins would be movable
in the exchange. Though, we may get profit but not huge. So its true that our patience will be test through this things.
It all depends on the character of the person.If You're interested in trading,I'm just not interested.I am currently studying mining in more detail.I am sure that with it you can earn more than trading.But of course, selling at a low price is the last thing I will do in the crypto world!
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August 22, 2019, 10:28:26 PM
 #99

While you are patient, you also must be wise. I have always believed that a coin, even if it us called sh*t, will still pump someday, but that is now a believe made wrong these days. Some coins, no matter how long you hold them, will not just pump. So it is better to hold those you are very sure have good potentials.
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August 24, 2019, 11:34:38 AM
 #100

it all depends on the expertise of each if you have skills in trading it might be a good action, but if I personally do not change other options, I still survive with long-term investment. I'm learning first about trading and maybe another time I'll try it when it's ready.
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