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Author Topic: Patience isn't everything  (Read 1280 times)
bitzizzix
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March 05, 2021, 05:14:03 PM
 #101

Patience has become part of trading that must be done consistently, and besides that you also have to learn everything related to trading including analysis.
Most importantly, you can analyze the right coin and when you buy at the right time and sell at a profitable price and that way must be accompanied by patience for maximum results.


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March 05, 2021, 05:41:39 PM
 #102

The facts confirm that generally the significance of persistence won't deliver results, yet on the off chance that you think all the more sensibly that numerous individuals show restraint toward holding their crypto, get great outcomes. That implies if your coin can dead whenever. You ought to recollect this on the off chance that you are not holding genuine currencies or significant mint pieces and you ought to never utilize it as your drawn out speculation.

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March 05, 2021, 07:31:33 PM
 #103

Patience is important in crypto and any other business, or investment. Its not every time that you invest in a coin that you'll see an exponential rise in its value, sometimes you have to be patient.
However, patience is important when you invest in good projects, if you invest in a bad or scam project no amount of patience can make it become a successful project

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March 05, 2021, 08:05:50 PM
 #104

Patience is important in crypto and any other business, or investment. Its not every time that you invest in a coin that you'll see an exponential rise in its value, sometimes you have to be patient.
However, patience is important when you invest in good projects, if you invest in a bad or scam project no amount of patience can make it become a successful project
You should be patient that is why patience plays really an important role in investing and trading as in our real life. You need to be patient in long-term investment because to earn a profit from some investments can take a bit long time. As you above mentioned if you invest in shit coins, l don't think that patience can help you with that. On the other hand, if you can be enough patience, from time to time you will earn knowledge, investing in any project is not everything. It is no exaggeration to say that patience and knowledge are the keys to success. You should learn to make great research about the project which you want to invest in.

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March 05, 2021, 08:13:02 PM
 #105

Each dealer has claim opinion,But the leading dealer is who learn almost tolerance. it's fair simply are not careful in responding to it. So what you wish to do is be quiet within the legitimate areas, they fair say in common settings, so you have got to require them actually and adjust them in like manner. It is genuine that by and large the meaning of persistence will not deliver comes about, but in the event that you think more reasonably that numerous individuals are quiet with holding their crypto, get great comes about. back once more holding the crypto.

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March 05, 2021, 09:15:48 PM
 #106

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
So many altcoins have died since the 2018 bullrun, but did you see any altcoins were dead during these bullrun? During bullrun we can earn profit from dead altcoins. We shouldn't hold low volume altcoins after the bullrun. Fixed your average profit before investment, then go out of it. Patience can always apply in the high volume altcoins. Very high volume altcoins are the best for a long term investment.
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March 05, 2021, 09:40:51 PM
 #107

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
So many altcoins have died since the 2018 bullrun, but did you see any altcoins were dead during these bullrun? During bullrun we can earn profit from dead altcoins. We shouldn't hold low volume altcoins after the bullrun. Fixed your average profit before investment, then go out of it. Patience can always apply in the high volume altcoins. Very high volume altcoins are the best for a long term investment.
You cant really blame out people to have those kind of perceptions when it comes to their holdings and having those hopes into those low cap coins that they've been holding.

They are thinking for those possible pumps that they might able to see into those shitcoins that they've been holding for years.You wouldn't know if this one will be pumped or not

and will bring massive gains for you but well the odds for it to happen is slim but you know that there is really the possibility that's why people do have those common impression.

R


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March 06, 2021, 11:03:21 PM
 #108

Patience is important in crypto and any other business, or investment. Its not every time that you invest in a coin that you'll see an exponential rise in its value, sometimes you have to be patient.
However, patience is important when you invest in good projects, if you invest in a bad or scam project no amount of patience can make it become a successful project
You should be patient that is why patience plays really an important role in investing and trading as in our real life. You need to be patient in long-term investment because to earn a profit from some investments can take a bit long time. As you above mentioned if you invest in shit coins, l don't think that patience can help you with that. On the other hand, if you can be enough patience, from time to time you will earn knowledge, investing in any project is not everything. It is no exaggeration to say that patience and knowledge are the keys to success. You should learn to make great research about the project which you want to invest in.
You are right. Success in crypto trading is not determined only by patience. Trader should have appropriate knowledges to understand what he is doing and how everything works and moreover he needs to be lucky, skillful, spend a lot of time examining charts and always ready to make decisions very quickly.
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March 06, 2021, 11:16:29 PM
 #109

This is not the definition of "PATIENCE" in cryptocurrency.
Patience here is about managing your emotion when deciding at the right time and also moment.
We can see how the market chart is going on and then we analyze also other fundamentals and charts. In this case, we can consider whether we need to cut loss or not, setting stop loss is also important. And patience doesn't mean that we must hold the coins forever. It is more to how we manage our coins when the price is suddenly getting market correction, and we panic at all and then sold out our coins all in.
And in crypto, never only focus on one, we must also consider another thing besides patience, they are such stop-loss, fundamental, market analysis, and others.

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March 10, 2021, 07:04:53 PM
 #110

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

Imagine buying Ripple at $3 and someone talks to you about patience and hodl. Patience worked until now only for bitcoin and ethereum. All the rest are too far from ATH and we can expect they will dissappear completely when the bear market starts.
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March 10, 2021, 07:30:12 PM
 #111

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
It is just doesnt fit out on anything when we do talk on being patient because not all projects would succeed in long term this is why when you do tend to apply it all on your coin holdings then
expect that you would really be missing out lots of opportunities on making profit due to that very reason.

Patience isnt really everything and of course it does have con's if you do held up too much knowing that price doesnt really always go on what you wanted or expect.

Sell off once you do see the opportunity specially on a project which you do seem not worth for long term runs.

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March 10, 2021, 10:34:52 PM
 #112

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

You right. We need more than patience to profit when investing in crypto
but if you have found a project that has the potential for success, patience is the only thing you need most to get maximum profit.

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March 10, 2021, 10:52:59 PM
 #113

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing

You right. We need more than patience to profit when investing in crypto
but if you have found a project that has the potential for success, patience is the only thing you need most to get maximum profit.

Long-term holding is good only for the potential projects but not for the shitcoins. I'm not sure what coins that OP had to hold but it possible, it was those coins that I've mentioned above.

I have the patience in holding but not necessarily have to do it, especially when I saw that my investment is in trouble. We need to take action immediately, selling might be a good idea rather than to keep holding even we know that it is already hopeless to see it coming back high.

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March 11, 2021, 03:01:52 AM
 #114


You are right. Success in crypto trading is not determined only by patience. Trader should have appropriate knowledges to understand what he is doing and how everything works and moreover he needs to be lucky, skillful, spend a lot of time examining charts and always ready to make decisions very quickly.


Everything are working accordingly, not just by one factor but it should have all the necessarry supporting factors in order to succeed from

this venue of investment. Even you have huge amount of patience if you don't know what to do, then it's nothing out of it.

Quote
Yes, and everything you say is part of a trader's job which should always be done in a timely manner when they start trading with dedication and hard work to understand everything, and that has never been a complaint from traders over the years, because they are able to do it are those who are very extraordinary.

A trader who's very determine to succeed with this business, always find the right system to work something out from his choosen venue of investment, it's your extra determination in seeking for the right twist the outcome mostly bring best success.

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March 11, 2021, 03:27:31 AM
 #115

Well every success needs a lot of factors to determine it. When you are missing something more trying to fix it, patience is not everything and it holds true for you what is going on.

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March 11, 2021, 05:22:24 AM
 #116

You right. We need more than patience to profit when investing in crypto
but if you have found a project that has the potential for success, patience is the only thing you need most to get maximum profit.

finding a good project requires knowledge and patience in continuous research. well, imagine if you chose the wrong coin / token, and you waited for it for a very long time, but the project did not make significant development, or even experienced a setback in development. well, that would be very painful. so, although patience is an important point in a success, it also needs other things to complete it.

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March 11, 2021, 05:31:34 AM
 #117

Well every success needs a lot of factors to determine it. When you are missing something more trying to fix it, patience is not everything and it holds true for you what is going on.
Yes, and determining success through these supporting factors is very necessary because from these factors everyone can see an opportunity for success, and patience is still needed even though it's not everything but without patience someone will not be able to find the path of success.
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March 11, 2021, 06:27:06 AM
 #118

Patience might be not everything, but it's surely important thing. Patience is not only needed when you have to wait for the right moment to buy or sell, but you need patience too to learn about cryptocurrencies further. Those masters not being an expert in just one night. I believe they dig the information deeper every day, they join some forum to learn from others, then they analize the situation with their knowledge before. Patience might bring you to the top cause you're not in hurry to decide something, each step you took will be well measured.

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March 11, 2021, 07:18:37 AM
 #119

We need to be patient at work but not all work requires patience You have to develop yourself by working hard without patience. It is worthwhile to wait patiently for investing in a currency like bitcoin it takes a lot of patience to learn about crypto nothing can be done in one day.

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March 11, 2021, 07:23:27 AM
 #120

When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
It's not all but at this point I think it's important. People may be just starting to enter the market and may be mentally challenged and impatient with their coins. The scenario is repeated over and over again, and we will have to accept the reality with it, the market is still there only those who lose their patience to be eliminated by this market.

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