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Author Topic: Don't rush you will still win  (Read 2261 times)
Dr.Osh
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September 29, 2024, 01:42:39 AM
 #161

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.

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September 29, 2024, 11:10:45 AM
 #162

The alternatives I think that would help is just to keep holding bitcoin or some other reputed altcoin, even as that i don't really encourage anyone to hold any coin that they don't trust on otherwise there could be a tendency to lose them big time because they aren't doing their proper research towards that coin/tokens. Holding shitcoin is not also means that is an alternatives but when solely relying on bitcoin to hold as alternatives also matters alot when trading doesn't favor someone.
I do agree that holding good ones will make you money. There are some people who are holding some tokens that very few people heard, and they have high hopes about them, I know that's not a good thing and will not end well for people. I think we should be considering this as not a good move, we need to make sure that things are going good enough and we should not be worried about it.

I understand that it is not that great, and I understand that it looks like a tough deal but if you could just hold bitcoin, or eth, or even bnb, that would be a lot better during this period and could give you good income. All those other alts that look risky are not good enough to hold right now and I think we shouldn't really be looking at this all that terribly, it could do fine.
I pity for those who hold new coin or shitcoin and think they are holding good assets or are diversifying their portfolio because I know that after bullrun come bear run and can likely dumped on them, that is why I do advocate for good asset like bitcoin, ethereum or BNB even though the last two coin I mentioned seems to be altcoin but it is more and extremely more reputed than any other coin out there, so while focusing on investment we should mind the kind of coin invest/trade.

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September 29, 2024, 09:24:25 PM
 #163

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.

Impatient traders are too quick to make decisions to sell that'll eventually cause them to lose their trades but they begin procrastinating when it's time for them to buy. When the markets starts dumping, you shouldn't be in a hurry to sell as some of those scenarios are traps, always wait for a confirmation before buying or selling before you buy or sell at the wrong time. In trading, timing is everything as if you time the market wrongly, you'll be making losses while those individuals that get their timing right will be making money. To become a profitable trader we have to let go of panic or other behaviour that'll cause us to always lose to the market.

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September 30, 2024, 10:51:01 AM
 #164

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.

Impatient traders are too quick to make decisions to sell that'll eventually cause them to lose their trades but they begin procrastinating when it's time for them to buy. When the markets starts dumping, you shouldn't be in a hurry to sell as some of those scenarios are traps, always wait for a confirmation before buying or selling before you buy or sell at the wrong time. In trading, timing is everything as if you time the market wrongly, you'll be making losses while those individuals that get their timing right will be making money. To become a profitable trader we have to let go of panic or other behaviour that'll cause us to always lose to the market.

The reason why you need to keep ehancing your knowledge as there are times that you need to be patient and wait for that confirmation before deciding, as there are things that happen so fast and if you react quickly you might missed it out and became a victim, as long as you do your research and you are confident with the project that you support, it's always best to wait for your target value before selling not unless there's situations where the entire project is at risk.

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October 02, 2024, 02:15:21 AM
 #165

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.

Impatient traders are too quick to make decisions to sell that'll eventually cause them to lose their trades but they begin procrastinating when it's time for them to buy. When the markets starts dumping, you shouldn't be in a hurry to sell as some of those scenarios are traps, always wait for a confirmation before buying or selling before you buy or sell at the wrong time. In trading, timing is everything as if you time the market wrongly, you'll be making losses while those individuals that get their timing right will be making money. To become a profitable trader we have to let go of panic or other behaviour that'll cause us to always lose to the market.

The reason why you need to keep ehancing your knowledge as there are times that you need to be patient and wait for that confirmation before deciding, as there are things that happen so fast and if you react quickly you might missed it out and became a victim, as long as you do your research and you are confident with the project that you support, it's always best to wait for your target value before selling not unless there's situations where the entire project is at risk.

Yes, there are still other possibilities that can arise when we have locked a decision and if we do not know about the potential for the emergence of these signs that can cause changes then of course we will execute our decision at the beginning which actually ends in a loss, and I agree with you that one of the reasons why we must continue to increase our knowledge by learning is so that we can identify related signs like that so that the decisions we take do not go wrong, usually I also always wait for the confirmation point of the formation of the price direction before finally executing the decision that I have taken at the beginning, because I am often fooled by the direction of price movements that I initially thought would reverse but it turned out to continue the previous price direction, meaning that our intelligence and accuracy are quite tested, and this is also the reason why trading is an activity that depends on skills.

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October 02, 2024, 05:20:06 AM
 #166

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.
This is true but not all coins can be applied like that because sometimes we have to give in and limit the amount of loss we bear by stopping loss on one of the coins that has no potential to increase again.
Except for top coins that have a high possibility of increasing in price, for example Bitcoin, of course no matter how much the price drops we don't need to panic because there is a big possibility that there will be an increase so we need to be patient.
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October 02, 2024, 06:36:55 AM
 #167

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.
This is true but not all coins can be applied like that because sometimes we have to give in and limit the amount of loss we bear by stopping loss on one of the coins that has no potential to increase again.
Except for top coins that have a high possibility of increasing in price, for example Bitcoin, of course no matter how much the price drops we don't need to panic because there is a big possibility that there will be an increase so we need to be patient.

Yeah, just like now with recent world events. Experienced people do have skin in the game and won't just sell their BTC because it dropped up to 2%, because everybody knows it will eventually bounce and grow even bigger eventually.

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October 02, 2024, 07:31:49 PM
 #168

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.
Impatience is also the result of the inability to read market conditions, such as when the market is going down does not mean it is the right time to buy immediately because it is possible that the decline will be deeper and the ability to read the market will allow traders to patiently wait for cheaper prices as well as when the market is going up, and traders must do but rarely pay attention to using the stop loss feature to avoid big losses because it is impossible for us to always look at the computer screen to see market movements so that with a stop loss will avoid big losses when the market tends to go down.

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October 03, 2024, 08:08:25 PM
 #169

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.
Patience is of the upmost importance for an investor, but for a trader it is way less important and it could even be counterproductive, this is because traders are supposed to take decisions at a relatively fast pace, so holding your coins thinking they can go up in value is not the behavior that I would expect out of a trader, instead a trader needs to be willing to cut their losses short if needed in order to protect the rest of their capital from a potential crash.
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October 05, 2024, 06:11:49 PM
 #170

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.
Patience is of the upmost importance for an investor, but for a trader it is way less important and it could even be counterproductive, this is because traders are supposed to take decisions at a relatively fast pace, so holding your coins thinking they can go up in value is not the behavior that I would expect out of a trader, instead a trader needs to be willing to cut their losses short if needed in order to protect the rest of their capital from a potential crash.

There are types of traders who might react right away especially those who are playing with short term strategy, they are alway aiming for quick benefits, but there are also types of traders who understand that to lessen the chance of losing waiting for specific value will allow them to earn decently and most of the time much bigger compared to those who are doing a quick outcome and keep chasing the market movement to take some edge.

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October 06, 2024, 11:27:49 AM
 #171

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.
Patience is of the upmost importance for an investor, but for a trader it is way less important and it could even be counterproductive, this is because traders are supposed to take decisions at a relatively fast pace, so holding your coins thinking they can go up in value is not the behavior that I would expect out of a trader, instead a trader needs to be willing to cut their losses short if needed in order to protect the rest of their capital from a potential crash.

The most recommended thing in trading is just patience in waiting for the right time and being patient in being able to withstand losses by not releasing existing coins. Especially for investors, they don't have to rush to take a buying and selling stance to avoid asset loss.
This is not only for investors but for traders too. In some analyzes many impatient traders want to make a profit quickly, there is no way other than they can hold a coin which of course will increase after a crash, an idea like this is also not a promising decision unless they are willing to risk losing money when the coin doesn't match. hope and turn around.

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October 08, 2024, 06:48:32 PM
 #172

To make money you should enter the market in small amounts and do it periodically. A single investment can put your capital at greater risk which should be avoided. Proper and objective control of your capital is in your hands, so you should avoid the tendency to invest in haste and develop the habit of patience so that.
To make money, one needs to understand the market very well before they start making entries. Don't buy anything even with small amounts until you learn everything, and once you are ready, you can start buying then you don't need to wait to invest small amounts periodically because you will know what you are doing and what you are getting into. If you wait, you might miss the opportunity because this market is highly volatile and unpredictable, different now and different tomorrow.

It is normal for a beginner to lose at the beginning of their trading, even when they are not rushing trading, because no beginner is a trading master when they first enter it - they need experience to build a good strategy in their trading - and this is all built from these losses. The most important thing is how these beginners can learn from their mistakes and be more able to control themselves to stay focused on what they have planned in their trading.
Most newbies make the mistake of getting frustrated too quickly and leaving it forever. Their first mistake is to try and earn money immediately after entering the market, and the second one is not learning from their mistakes and thinking they can't do it and it is not for them.

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October 08, 2024, 08:02:32 PM
 #173

one of the things that can make us successful in trading is patience, and being in a hurry is the opposite of being patient. So, I think, impatient people are more likely to suffer losses in trading. However, always being in a hurry is a bad thing. although not always bad, but it makes us sometimes make the wrong decisions. For example, when someone panics, and then makes him rush to sell his assets in a short time, so he gets minimal profit, or even losses. To become great traders, I think we need to instill patience. So, don't be in a hurry.
Patience and discipline are very important in trading. We even have to be patient in waiting for confirmation in the market about whether the trend will continue upward or will reverse downward and vice versa. But for those who are impatient when they see the market going up. then it will become FOMO. Because he couldn't wait to get in after waiting for a correction that was sure to come. Most beginners even rush to sell when the market corrects because they are afraid of their assets losing more. And this makes them experience more losses. And the funny thing is that after they sold their assets, the market turned around and went up again. then the hasty newbies say that the market seems to be against them.  Grin

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October 08, 2024, 08:48:32 PM
Last edit: October 08, 2024, 09:54:58 PM by Franctoshi
 #174

If you try to rush into trading, Then I assure you definitely will rush out , trading is not something that people who don't understand it will get involved being in a ghast, trading requires proper discipline. Take trading as a game which you need to understand how you should play.Be patient and work with trading plans.

 
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Bloodseekers
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October 10, 2024, 03:30:57 AM
 #175

The most recommended thing in trading is just patience in waiting for the right time and being patient in being able to withstand losses by not releasing existing coins. Especially for investors, they don't have to rush to take a buying and selling stance to avoid asset loss.
This is not only for investors but for traders too. In some analyzes many impatient traders want to make a profit quickly, there is no way other than they can hold a coin which of course will increase after a crash, an idea like this is also not a promising decision unless they are willing to risk losing money when the coin doesn't match. hope and turn around.

Yes, having patience is of course very important when trading with patience then we will decide something based on the knowledge we have and when a trader wants quick profits so that they no longer do analysis when entering the market then this will certainly be very detrimental to themselves and this happens because they trade in a hurry.
When a trader decides to keep holding coins after experiencing a decline, it will indeed be very risky, but if the price increases again, of course they will be able to make a profit.

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October 10, 2024, 06:29:40 AM
 #176

The most recommended thing in trading is just patience in waiting for the right time and being patient in being able to withstand losses by not releasing existing coins. Especially for investors, they don't have to rush to take a buying and selling stance to avoid asset loss.
This is not only for investors but for traders too. In some analyzes many impatient traders want to make a profit quickly, there is no way other than they can hold a coin which of course will increase after a crash, an idea like this is also not a promising decision unless they are willing to risk losing money when the coin doesn't match. hope and turn around.
Yes, having patience is of course very important when trading with patience then we will decide something based on the knowledge we have and when a trader wants quick profits so that they no longer do analysis when entering the market then this will certainly be very detrimental to themselves and this happens because they trade in a hurry.
When a trader decides to keep holding coins after experiencing a decline, it will indeed be very risky, but if the price increases again, of course they will be able to make a profit.
Being patient does not mean holding coins until we get profit, sometimes in some trading choices we may have to make other wise decisions even though we have to suffer losses rather than losing everything, maybe if what you mean by being patient to wait for the price to return high only applies to Bitcoin trading or other top coins.
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October 10, 2024, 02:52:16 PM
 #177

As a skillful trader no matter how much money you lose in the market you must definitely be in profit at the end of every month, only when you don't do revenge trading and you always manage your risks. Always try to do a little check and balance at the end of each month to know how much you have gained and how much you have lost, if you are a trader that is well knowledgeable and disciplined your losses won't be more than your profits. Don't rush into the market hoping to be financially stable in a day, having this mindset might make you go down the wrong path.

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October 16, 2024, 05:32:29 PM
 #178

Before starting your journey as a trader you must take your time to understand the technicalities of the market and the dynamics to the movement or directions, this isn't something you can just learn simply learn in a short time, you must give a lot of time to the learning process. Then at an intermediate level you must not see trading as gambling, do not rush into the market find a strategy that works for you and overtime develop this strategy. Trading takes patience and discipline in order to be successful in it , without these attributes you will definitely lose money.











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October 17, 2024, 02:57:01 PM
 #179

As a skillful trader no matter how much money you lose in the market you must definitely be in profit at the end of every month, only when you don't do revenge trading and you always manage your risks. Always try to do a little check and balance at the end of each month to know how much you have gained and how much you have lost, if you are a trader that is well knowledgeable and disciplined your losses won't be more than your profits. Don't rush into the market hoping to be financially stable in a day, having this mindset might make you go down the wrong path.

Most of those who plan their way into trading understand the risk and instead of quickly react to how the market turns against them they will find ways to anticipate, there's traders who keep on their set plans and even the market seems not favoring them they've got a lots of patience to wait and only react if there's a major issue that they needed to consider, else, they will keep holding and entrust their fate to their chosen project, instead of quickly sell they will allow the market to move and wait for the perfect timing.

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sarmrakib
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October 18, 2024, 01:50:56 AM
 #180

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding. It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
I always suggest to learn before take your entry. I think trading is a very tough way of earning that's why we should need to learn each and everything of it. I have seen many professional trader even looses their fund trading though they jave recovered thereafter. So beginner on trading should learn a lot to take their first entry. After having a good knowledge they should try with small fund hope gradually they will be on profit. Loosing on trade an extra experience for trade as you mentioned so that never be hopeless. Try more when you fall in trade. Surely after a time you will be succeed on trading.

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