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Author Topic: Patience is important  (Read 908 times)
Pelana vreo
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August 20, 2021, 01:56:09 PM
 #81

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.


Don't always be patient and wait, trade some new altcoins or you can stake and farm on exchanges that offer high APR and I think it's a great idea when you plan to do Hodl.
Put your coins for 1 to 2 years in a cold wallet and waiting for the target price to be reached is a good decision if you believe in what you are doing, but it will be difficult if the target price is not reached, therefore choosing a top coin for the long term is a good idea .

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August 20, 2021, 02:23:18 PM
 #82

Yes patience is one of the key to success in the crypto space, but we most likely allow our patience turn in to greed which is very bad, imagine holding a coin and gaining so much profit even hitting the specified take profit set but the holder refuses to sell off and keep holding for more profits, will that be called patient or greed? This is where we mostly get confused, we should try to know the difference between being patient and being greedy. If your target hits sell off but if you still want to hodl for the long term then be ready not to sell when prices start falling.

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August 20, 2021, 04:13:47 PM
 #83

Patience is important for trading. When you start trading then you need to more patience to get your target profit. When you start trading then you can choose most valuable coin and buy some coin and hold long time to get good profit in future.I hope patience will get you good profit total for long term holding.
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August 20, 2021, 04:28:04 PM
 #84

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.

Anyone who have been in this space long enough knows that you can't just become rich through crypto investment over night, it takes a very long time, at times it takes a few years  eth was launched at just $0.7 cents after about 4year+  now it's work over $3,000 I hear alot people saying they bought eth at that price and dumped at $7, today they are regretting it badly, holding and been patient always pays.

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August 20, 2021, 04:34:33 PM
 #85

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.


Patient is a very big important factor in Trading and investing which can as well generate much profits if it is exercised. If you are not patient with your current result, it can make you to make bigger mistakes at the later time. Waiting for positive results from trading needs our calmness in following the market back to back to catch the best time to buy or sell a coin which can be a great benefits of waiting.

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August 21, 2021, 04:55:06 AM
 #86

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.


Patient is a very big important factor in Trading and investing which can as well generate much profits if it is exercised. If you are not patient with your current result, it can make you to make bigger mistakes at the later time. Waiting for positive results from trading needs our calmness in following the market back to back to catch the best time to buy or sell a coin which can be a great benefits of waiting.
Not all the time patient is applicable , because some times our panic action saves our asses from higher losses.

If you are not willing to Keep holding when the value fluctuate then never invest and keep the patience , best to sell once there are small imcrease and also sell when there are decrease ,  this will keep your capital intact or losses small amount than higher.

Remember that Holders always win in this market .

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August 21, 2021, 05:46:27 AM
 #87

market is irrational.maybe they will make some profit by following famous people,but in the end,they will make a loss ,maybe double if they don't analyse market.
Following famous people I think is also a necessity because usually they also do posts that can be useful for everyone, even though we can't believe everything they post, which can help us in knowing what news they are presenting to us everyone.
yeah,sometimes the things famous people post can be a signal and reminder.but having your own trading model is the most important.
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August 21, 2021, 03:54:26 PM
 #88

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 the foundation in investing, if patience cannot be controlled then investment will not run normally and well, conditions like today require patience in analyzing the market and trends towards these altcoins, this patience is not possessed by many people, so there is no good guarantee in investing.

Altcoins actually have good value if we are able to be patient and thorough in analyzing the market, actually it is not good for altcoins to rise too quickly without going through a process, this will not provide guarantees for the future of the altcoin.



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August 21, 2021, 05:09:09 PM
 #89

A lot of fear experienced by holders, traders or investors will fall in the price of the coins they hold, so they are impatient and immediately sell coins to take profits.  
And that's what I often experience, after selling the coin and after that the price went up high.  Everyone must have their own targets, for me the important thing is that I don't lose so it doesn't matter that I don't get big profits. Because I'm not the type of person who is patient.

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August 21, 2021, 07:28:04 PM
 #90

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.


Correctly said man. Every experienced trader always says that. Be patient when market is manipulated. Never fall into it. Just stay back and watch them go  on its way. Let them settle down. What will help you not to panic. Learn the strategies, update yourself of what is going around to the coin you have invested in. If you are watching all these, then you will not panic. You will know when your coin will go up and down. So Be updated.

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August 21, 2021, 08:43:59 PM
 #91

Without patience its very difficult to make profit in cryptocurrency. If you are always patient enough to stay in the market and hold your asset for a long period of time ,definitely you will be rewarded much more than you invested. Remember that quote "The patient dog easts the fattest bone"...... So Patience in crypto space is as important as you can think of.
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August 21, 2021, 11:56:29 PM
 #92

It's true that patience is important so that we don't rush into making decisions. if we have a goal here then we must also be able to control ourselves and also the mind so that the goal can be achieved, one of them by being patient. This up and down market is not easy to understand and predict. need to practice and keep practicing so we can understand the pattern a little more. So indeed, if we do not have patience, it is difficult to control our emotions and thoughts, so sometimes many suffer losses. That is what must be avoided.

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August 22, 2021, 01:16:41 AM
 #93

when trading cryptocurrencies nothing is more important than patience because when trading you can control your patience it can give you a lot of profit, but when trading you can't be patient and easily influenced by the conditions of the exchange it will only get you stuck in high prices and of course will lose.

Patience is indeed the key to successful cryptocurrency investment or trading, because crypto prices are very volatile, requires us to have patience.
We can imagine without patience we will easily panic seeing unstable market conditions, end up making the wrong decision. I agree with you,
patience is indeed very important compared to big capital or a good strategy. With us being patient, the opportunity to make profit is much greater,
so always control our emotions, so that we can be more patient when trading crypto.

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August 22, 2021, 03:22:26 AM
 #94

Patience is the key of success. If you don't have patience then any share market is not for you specially Cryptocurrency market because crypto market is very volatile  you can see your share in very dump position where patience will work for you. Sometimes in future we able to book your profit. In 2017 when almost all coins gives 100x something only people who have patience has earned big money.
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August 22, 2021, 05:37:20 AM
 #95

Yep, wait it patiently after we select it is most important, crypto need our patient to grow, and i believe top five coin in marketcap will provide us profit in the end of year.
Thing are important too before we wait it patiently is selective where we will put our money to buy coins. Do deep analyse before buy, dont rush and do it comfortably and consciously.
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August 22, 2021, 11:16:00 AM
 #96

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.


Almost all altcoins here in this industry claimed to be a good and have a potentials to increase in the future.
But always remember that we have coinmarketcap and coingecko if those coins are telling the truth. Because for me once the coins
is listed to this two CMC and coingecko that means the coins has a chance to become a good coin in the near future.
So, I agreed that Patience is one of the best tool for all the individual traders anyway.
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August 22, 2021, 04:28:26 PM
 #97

Hasty traders or investors most of the time lose money in order to earn quick money. There are many things to keep in mind while holding or trading even patience plays a primary role to earn profit even the set target of any trade should be logical it is not like that I will close only when it hits 100x so market analysis is also important. Yes, I agree good potential coins takes time to grow it won't move like pump and dump coins so potential coins take time to grow and one should learn patience importantly.

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August 22, 2021, 04:43:53 PM
 #98

Patience is an important factor in trading, you have enough funds but you do not have patience, you will not go trading because in this case the amount of loss will be more than your profit.
Yeah, patience is important but only if you are confident enough that you haven't invested money into shitcoins. If someone invests money into shitcoins and has infinite patience, I can see things ending brutally for them. Imagine holding dogecoins for years from now, it will surely go down because the hype cannot keep it on top for a lifetime.

If you have confidence in the project and developers to continue working hard and at least achieve what was mentioned in the roadmap, then surely you can sit back and have patience.
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August 22, 2021, 07:22:19 PM
 #99

Patience is the key of success. If you don't have patience then any share market is not for you specially Cryptocurrency market because crypto market is very volatile  you can see your share in very dump position where patience will work for you. Sometimes in future we able to book your profit. In 2017 when almost all coins gives 100x something only people who have patience has earned big money.
That's right but we are far from 2017 now. At those times there were only limited coins in the market and each of them with a real purpose and meaning. Nowadays almost 90% of the coins are just made to scam investors and run away.

Yes crypto also name a patience because we don't wait when we see we're in loss sell our coin this is the main reason so if want to successfull in trading we need to start patience and wait until any signal don't hit our target.
But, the goals we set with each coin must be realistic because like I said above, we are far from 2017 and cannot be expecting 100x growth for all of them. I would rather invest in 50 coins and earn 2x with each instead of banking on a single coin for 100x.

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August 22, 2021, 09:13:36 PM
 #100

I really agree that Patience is very important in investing in crypto, because it really determines success in trading, all coins in crypto are volatile, so the price is very uncertain, if we are in a hurry to make decisions, then we will regret it later.
The crypto market is full of uncertainties so we need to be more definite in our decision making and the moment we start investing, then make sure to invest only on the amount we can afford to lose. Whether the market will crash in the next days, then there's nothing to worry because we still have fiat left ready to backed up.

I think every investment is not risk free so we need to be more patient and flexible on the outcome of our investments. As long as we know the basics in crypto, buy the dip and sell when the price is at peak, then we will never be in a huge loss. I think it's more of being patient enough and being not greedy to all our investments particularly in times of buying and selling our coins will make us more profitable. I believe success only comes those who patiently wait.

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