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Topic: your patience is being tested - page 15. (Read 5621 times)

full member
Activity: 589
Merit: 100
August 22, 2019, 04:09:14 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
member
Activity: 560
Merit: 10
August 22, 2019, 03:00:13 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. 
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
August 22, 2019, 02:52:52 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.
member
Activity: 630
Merit: 13
Crypto ✪ Enthusiast
August 22, 2019, 02:33:27 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.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
August 22, 2019, 02:20:25 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?
copper member
Activity: 336
Merit: 5
August 21, 2019, 07:50:53 PM
#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.
full member
Activity: 896
Merit: 108
August 21, 2019, 06:48:46 PM
#80
Well said, the patience is not unlimited but the stress level is limited and can harm the trader's mentality. The cryptocurrency market can be dangerous for the new investors, there are tons of reasons why they should not invest the money which they can't afford to lose, especially in the volatile decentralised market.
You are absolutely right. Since mid-2018 until now I have been trapped more by the market and several times Cut loss in order not to lose more funds. Of course, it affects my mentality and confidence, so I prefer to just wait and see until the market is conducive.
New investors who are inexperienced, easily influenced, want large profits in a short time, are not suitable in a market like this.
member
Activity: 271
Merit: 10
Proof-of-Stake Blockchain Network
August 21, 2019, 05:51:23 PM
#79
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.
member
Activity: 242
Merit: 10
CurioInvest [IEO Live]
August 21, 2019, 02:52:02 PM
#78
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.

You need to understand that looking every day at how the price of your coins falls and it is impossible to constantly be patient. Every person who will receive losses from trading or investing will lose his patience someday. The best way to be patient is to invest in the most reliable coins, which have little chance of falling much in price.
hero member
Activity: 2688
Merit: 588
August 15, 2019, 01:40:39 PM
#77
They say when you have a particular habit that you are no longer comfortable with, and then you have to replace it with another habit.

In this case, while waiting for these long term investment of mine to yield result, what I just do in other to help me overcome the temptation of having to sell my coin at low price because of doubt and uncertainties, I just strictly go into short term trades also, because during the time we have all been waiting for the new ATH to arrive, there has been so many chances of making more profit from doing short, and this is why I don’t usually blame those that are doing shorts, they have to also look for another alternative to make money and then help them stay a little longer with their long term investment projects .
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
August 15, 2019, 10:38:16 AM
#76
I find this post quite funny, after the bullrun in late 2017, we have been experiencing Highs and lows in the Cryptocurrency market with the lows dominating and you are saying that it's just a test of patience? A test if patience that is close to 2 years old. We have grown and adapted but the fact remains that most of us would still adjust and maximize our profits I a bullrun too.
member
Activity: 192
Merit: 24
August 13, 2019, 03:42:51 PM
#75
Do you want to become a successful trader in the cryptocurrency market? So you must learn to maintain your emotions and have patience first. You need to trade with a cold head, otherwise you will not be able to make a profit and you will quickly lose your money.
Cold head, comes only with experience. One way or another, you need to make mistakes many times in order to become successful. Everyone notices success, but no one looks at the succession of failures that followed this. On this occasion, Michael Jeffrey Jordan came up with a good phrase, who are interested in looking on the Internet.
full member
Activity: 714
Merit: 101
August 13, 2019, 03:27:48 PM
#74
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.

Do you want to become a successful trader in the cryptocurrency market? So you must learn to maintain your emotions and have patience first. You need to trade with a cold head, otherwise you will not be able to make a profit and you will quickly lose your money.
sr. member
Activity: 672
Merit: 254
August 13, 2019, 01:16:10 PM
#73
if market is at low, i am just watching those altcoins that goes uo and down Grin.. i don't care at all as i have already tested my patience last bear market Grin Grin

Yes, it is better to watch the price moves than to buy if we don't know when is the right time to enter the market. But if we know that there is a chance for us to buy a lower price, it will be good time for us to buy the coin so we can wait for a while until the price increase. In this bear market, we are forced to be patient for a long time, and that will need the power to stay calm and watch the market moves. But I am sure that we can pass this situation and when the market starts to rally, we will be able to make a profit.
I do not understand how we can know the lowest prices. I decided for myself to buy cryptocurrency assets at different drops in their price.
I do not panic when prices fall.  Because I know that after every fall there will be growth.  You just need to drive it into your head.  Because without this confidence, it’s very difficult to take risks.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 13, 2019, 09:13:30 AM
#72
if market is at low, i am just watching those altcoins that goes uo and down Grin.. i don't care at all as i have already tested my patience last bear market Grin Grin

Yes, it is better to watch the price moves than to buy if we don't know when is the right time to enter the market. But if we know that there is a chance for us to buy a lower price, it will be good time for us to buy the coin so we can wait for a while until the price increase. In this bear market, we are forced to be patient for a long time, and that will need the power to stay calm and watch the market moves. But I am sure that we can pass this situation and when the market starts to rally, we will be able to make a profit.
jr. member
Activity: 322
Merit: 1
August 13, 2019, 09:06:04 AM
#71
patience in trading and cryptocurrency are the main factors, as happened in 2018, all have seen the weakness of the market, we still survive, and when bitcoin has increased in Q2 2019, some people have felt the results of patience, so for altcoin things will also happen so, so stay patient and continue to observe the market.
sr. member
Activity: 1246
Merit: 306
August 13, 2019, 08:23:03 AM
#70
Honestly, that question is really hard. We do really use our minds in trading but personally we do not like patience. Even when my patience gets tested, i always think about other solution either to trade fastly and run or to just opt out and look for another position worth the patience. I do accept being patient only when the reward is hilarious.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
August 13, 2019, 05:32:31 AM
#69
if market is at low, i am just watching those altcoins that goes uo and down Grin.. i don't care at all as i have already tested my patience last bear market Grin Grin
I do not think that this is the last bear market, but definitely, this stage of the bear market is already finishing its completion. somebody says that it has already ended, but I think that it continues until all altcoins begin to show growth Wink
member
Activity: 700
Merit: 10
August 13, 2019, 03:58:22 AM
#68
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.

In current market conditions, ignoring price movements in the market is the right choice. With the increasing dominance of bitcoin, there is no sign yet for altcoin to recover. I think, being patient is the best choice right now and holding our investment for a longer period
jr. member
Activity: 327
Merit: 1
The Standard Protocol - Solving Inflation
August 13, 2019, 03:09:23 AM
#67
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.

selling with a loss is not a good decision and it is caused by several factors including economic urgency and it could also be because seeing the price of coins there is no further development so they do by selling losses. the option I hold is to stay long-term, I am always patient and wait for the market to stabilize again.
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