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Author Topic: Patience is important  (Read 906 times)
luca prieto (OP)
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August 19, 2021, 09:31:25 AM
 #1

There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.
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August 19, 2021, 09:42:49 AM
 #2

The targets we set also need a basic analysis. Not only that, it is also important to monitor the condition of the price that we have targeted. So for me, choosing a long-term target would be better, of course, on a good coin too. So we don't spend much time.

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August 19, 2021, 09:55:32 AM
 #3

The targets we set also need a basic analysis. Not only that, it is also important to monitor the condition of the price that we have targeted. So for me, choosing a long-term target would be better, of course, on a good coin too. So we don't spend much time.
long-term target must fit value altcoin/good project if that basic analysis is ok.Otherwise,maybe it will make a loss.
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August 19, 2021, 09:59:42 AM
 #4

There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.

Thats right. However some newbie are so itchy to get their hands on sweet profits so easy which ended up losing instead of gaining. Ive saw a lot of greedy traders that invest huge money and losses their fund. First of all, not all projects are gonna pump and will give you % right away. If you dont study what you invest with then surely you will lose.

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August 19, 2021, 10:04:34 AM
 #5

There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.
Your patience should be worth it based on the coins that you're going to hold. If you're not holding those valuable coins and you're just putting your hope and luck through those coins that are not valuable, you're both wasting your effort and money from it and as well as your precious time. Yes, many of the altcoins are not worth to wait but some only notable are there that are good for long term. Sometimes some unexpected altcoins that are literally not worth it are also pumping but they're dangerous to own because they're prone to pump and dump.

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August 19, 2021, 10:12:59 AM
 #6

Patience is the key to trading in cryptocurrency. Do not be afraid to miss any deal - the market is so big and developing that there will be enough money for everyone. However, remember that it is easy to make money on the market, but it's hard to keep what you have earned. Do not let greed and greed get over yourself.
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August 19, 2021, 10:14:46 AM
 #7

There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.

The patient dog eat the fattest bone cool fact but you actually need to DYOR before waiting too long for some shit projects or you might just end up wasting your time. I know of a friend that sold out his NEAR at 1.8USD he was just in a hurry that he needs money and NEAR isn't going anywhere so he sold out lmao now the regret is deep 4.8usd now I believer more in holding I've been holding sol since 2usd till date $80
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August 19, 2021, 10:33:28 AM
 #8

There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.

Thats right. However some newbie are so itchy to get their hands on sweet profits so easy which ended up losing instead of gaining. Ive saw a lot of greedy traders that invest huge money and losses their fund. First of all, not all projects are gonna pump and will give you % right away. If you dont study what you invest with then surely you will lose.
if they don't know what they invest and why they invest in that coin.
At first they may make some profit, but in the end they will lose,maybe double.
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August 19, 2021, 11:11:20 AM
 #9

There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.

Lose the Chance to bigger profit you say? Na not for me, every profits is fine with me, I've wasted so much time and effort waiting for a massive pump on the coins I'm holding so that I can cash out big but always end badly, everything turn around when I started taking profits, maybe it's just me? This is what works for me and I'm happy about it

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August 19, 2021, 11:20:48 AM
 #10

The targets we set also need a basic analysis. Not only that, it is also important to monitor the condition of the price that we have targeted. So for me, choosing a long-term target would be better, of course, on a good coin too. So we don't spend much time.
Its good to have target it just normal that sometimes we will lose some opportunities since some coins are only good in short term. I’d been a holder before I starred trading and there were times I regretted not trading before qhen the market is still high in a specific coin. So better be flexible in what coin we have, they miggt be good in long term or in short term only.

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August 19, 2021, 11:22:07 AM
 #11

I really need patience in the currency circle. I have a deep understanding of this.
At the end of July, I bought the cheap altcoin okfly. Within a few days, it doubled and I immediately sold it out. But after a while, its price doubled dozens of times.
It was because of my lack of patience that I didn’t make a lot of money.

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August 19, 2021, 11:41:18 AM
 #12

What you said is Right, I sell prematurely before, but this year things are other way round, when coin that worth $5 I sold it fo $120 because of patient. Ever since then I realized that the major way to make good earnings in crypto is to have patients.
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August 19, 2021, 12:12:09 PM
 #13

I really need patience in the currency circle. I have a deep understanding of this.
At the end of July, I bought the cheap altcoin okfly. Within a few days, it doubled and I immediately sold it out. But after a while, its price doubled dozens of times.
It was because of my lack of patience that I didn’t make a lot of money.
you should know which one coin is worthy to wait.we can't make huge profit just by waiting.
ANYWAY,don't make a loss before you sell it.
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August 19, 2021, 12:56:06 PM
 #14

It's true that patience is very important when you start trading. Unstable market conditions and frequent ups and downs suddenly test a trader's patience and mentality. At times like this you are being tested. Your mentality must be really strong. Don't get angry easily and express it when you are trading because this will be detrimental. Focus on what you are going for so that you can control your emotions well.
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August 19, 2021, 01:03:48 PM
 #15

>Just wait selectively.
That's the point. Patience is the key but that doesn't mean you have to be patient and hodl in every coin. This is the same for airdrop or bounty as well. Some airdrop or bounty will free fall in terms of price after the airdrop or bounty campaign ended but some will bound back.
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August 19, 2021, 01:08:43 PM
 #16

There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.

Patience is one of the most important thing a person should have in many aspects in life and it is considered beneficial and fulfulling when it comes to crypto. Once you end up losing it, a lot of things can happen like sudden regrets at the end. If you've been in crypto for a long time, you will see how essential patience is wherein there are a lot of individuals who suddenly got so rich just through holding and being patient with their investment in crypto and in bitcoin. You will also learn how to persever specially when there's no motivation left and the downfall has been too consistent already yet you should remember that after every storm comes another sunrise and a rainbow.
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August 19, 2021, 01:09:23 PM
 #17

There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.


Maybe we can blame those who teach that crypto market is a 'get rich scheme', that why investors specially newbies tend to not have the patience for the project to grow overtime and decided to sell when they are at a loss. I'm seen it during the last 4 years of myself really involving in cyrpto sphere.

One good example could be BNB or ADA, who suddenly grows so much in the last year or so. If people have this coins and think that it won't grow, then for sure they have regret their decisions if they have sold them prior to it's bull run.

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August 19, 2021, 02:02:01 PM
 #18

I agree with you. Patience is important but we must remain selective in choosing the coins we will hold. Maybe this will be difficult but you really have to be careful. Back again with the topic of patience this is the most important thing to be prepared before you start trading. You have to learn how to control your emotions well, so you can be wiser in making decisions when trading. When is the best time to buy or sell, this will determine the profit or risk you will get.
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August 19, 2021, 02:08:58 PM
 #19

Patience is one of the most important attributes of a good trader. When investing, you need to be patient enough to give your investment time to grow and yield rewards. But you don't just invest and be patient blindly, you also need to know when to take profits and also when to cut short your loses. They all go hand in hand in trading.
Being patient alone is not enough to be profitable in trading or investing. While waiting, you also need to think of other ways how you will still make profits even if the market is crashing temporarily. Or when you see the market isn't going on your side, stay calm and never do things in a rush. Most of them will only put you in the losing end.

It's also good to set your own target price when to sell. Once you are motivated with your investment, you'll never resort into panic selling because you know exactly your goal and how you will be able to achieve it. It's just a matter of focus and patience i think.

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August 19, 2021, 02:14:01 PM
 #20

But that's the truth. many people are easily influenced by famous people, that's why many impatience people It has fallen a lot on failure. The financial ruined because of a false dream that they think can earn money easily without thinking and Analyze of the market
If a person is patience i don't think they will easily be influenced. But it's true, patience is the most difficult thing to do in trading or any similar thing. But, if we use technical analysis that most of people also use to see the market as mentioned, it will help us making a good decision with logic instead of making bad decision because maybe we are afraid of missing the market. That's why many always recommended to use market technical analysis. But selling in the right time is always difficult to do.

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