One of the most important skill that we should have is patience. If you want to succeed by earning more, then hold your cryptos. Be patient for you will gain more in the future. Do not panic selling.. do not listen to any bad news. Focus on your goal. Focus on increasing your profit through holding.
Also, study the situation first before you decide. Watch the cyptos' price by tracking it daily. If it drops, dont panic for it is normal, it will rise again.
Topic: Patience and Holding - page 26. (Read 22138 times)
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
Well it is bad for us . If we don't have patience in holding . Don't decide faster think before decide it is ng risk for us if we decide fastly . It is not bad if we think patiently . Hold it tight don't be careless . i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
Well it isn't bad idea to move from Bitcoins to altcoins but what really make it bad is wrong selections.
You can't buy any altcoins by just seeing it recent growth. For example, Stratis was as high as 0.004 BTC few months back but now it hardly near 0.0008 BTC. So you should always examine the market thoroughly and then invest in coin which you find will rise in near future. There are various indices for it sometimes team is coming with new developments, sometimes its swap or fork, while sometimes buyback, etc. Such factors can bring dramatic increase in price which is more profitable than Bitcoin rise alone.
Honestly, I suddenly feel hesitation for buying more altcoins after reading your post because of the example you have said. So there is a possibility that I will get no/less profit from my Electroneum since it has a fast growth recently? I hope not.You can't buy any altcoins by just seeing it recent growth. For example, Stratis was as high as 0.004 BTC few months back but now it hardly near 0.0008 BTC. So you should always examine the market thoroughly and then invest in coin which you find will rise in near future. There are various indices for it sometimes team is coming with new developments, sometimes its swap or fork, while sometimes buyback, etc. Such factors can bring dramatic increase in price which is more profitable than Bitcoin rise alone.
For now, I think the best I can do is to hold my altcoins and wait for it to rise before converting to btc because it will be very risky if I will insist to imitate what pro traders do. I admit that I'm not yet competitive but I will study harder to know more.
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
It did happened to me. When everyone is selling I also go and sell mine. But to my disappointment some of my token sold is worth 10x the price I sold it. One thing that really stucked on my mind when it comes on trading we really needed to have patience in waiting.
Patient in trading is a basic tool. Every trader need to have it. If you do not panic you will always be in profit almost all the time. Next time watch the market and hold yourself.
Unless your coins increase 10x in few days, you should not sell your coins soon. If your choice is a good coin, it will rise in the future. You should not be too worry to panic sell
Every one have his own price to see for some was 10k price other wait for bitcoin or something else to go over current one. But this is something that individual need to do if they want to have some income. Many traders take basic buy low sell high, other just accumulate and then when they need to sell they sell.
Bottom line is that many are now patient cuz price is on good point to go high again and many will wait some other opportunity to sell.
Unless your coins increase 10x in few days, you should not sell your coins soon. If your choice is a good coin, it will rise in the future. You should not be too worry to panic sell
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
You already know the idea behind getting huge returns on your investment. One have must have patience when it comes to crypto trading because its a volatile market. For instance the price of a crypto may go down to $0.6 and also go up to $2 same day. Therefore its good to HODL and be patient to get good returns.
I am sure that it is going to recover its price and even will go for 20,000 dollars by the end of December. Stay patient with bitcoin to enjoy huge profits.
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
It's a easy thing and also a difficult thing.
Holding this Christmas then decide what to do. Maybe price will remain as it is maybe it will come down with good opportunity to see then to buy at cheaper rate, this way you will increase your stash in bitcoin. Or it will be opposite and price will go up then hold for little longer.
Don't you think that many investors want to fix their income before the New Year?
This usually happens on stock market.
Definitely emotions can negatively affect when it comes to making decisions.
If you want to be longer in this business then they must be excluded. The differences in price on a daily basis should be set aside
If you want to be longer in this business then they must be excluded. The differences in price on a daily basis should be set aside
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
Of course it is. Perhaps you should to learn more the topic of trading. There are many difference ways that will help you to multiply your attachments.
This is really the best thing to do. The best thing is to have patience and JUST HODL your altcoins together with bitcoin. Probably you can profit a lot after. But you need assurance. You should check whether your coins are still in your wallet though
Patience is always important but before it you need to have a plan, you need to know what you are waiting and you need to know your chances. How long do you plan to wait, what you are waiting and how big profit you except. Investing in bitcoins now is business, how much money do you have for start, do you plan single investment in bitcoin or you plan to include alts, and after all that you need patience to endure trough the time until you fulfill your plans. Its easy to say hold and patience, but show it when it's most important when fud and spam are everywhere and price is going down, pretty much same like now.
That's one amazing thing about crypto trading. In my opinion It will be very bad to do a panic sell. I believe BTC price will always aim high. sometimes some coins are worth selling( you can't hold all your coins forever), but always remember to keep some of your trustworthy coins. They might moon one day and you might regret. Anyways that makes crypto unique
This is really the best thing to do. The best thing is to have patience and JUST HODL your altcoins together with bitcoin. Probably you can profit a lot after. But you need assurance. You should check whether your coins are still in your wallet though
Patience and holding is one of the best thing to do here in bitcoin, why,? Because if we have a long patience i am sure that we can make or earn many money in the future, and i believe that holding our coins can make us rich in the future maybe holding our coins for long time just like 1 year can make us rich.
If you treat bitcoin as a place of investment then go head , do it in long term plan . But remember that you need a profit to cashed out at some point , don't go all in as bitcoin when considered as an investment it has a very high risk. That's why I consider bitcoin as a payment tool and investment just additional thing. Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
You already know the idea behind getting huge returns on your investment. One have must have patience when it comes to crypto trading because its a volatile market. For instance the price of a crypto may go down to $0.6 and also go up to $2 same day. Therefore its good to HODL and be patient to get good returns.
Like the Kenny Rogers song said you got to know when to hold em, know when to fold em, know when to walk away...
Luckily I'm one of those people that resisted the price to dump bitcoin. I have some experience about these situations although I'm still lack of other experience. But this is a good chance and it's a test to all the hodlers out there that are remaining faithful to their bitcoins and still did nothing just keep on waiting for another movement in the next few weeks or months.
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
I understand how you feel because I've experienced that. It is your withdrawal because you need money. at august 1 im 3btc selling it I regret .. Right now i have a little btc..
Patience and holding is one of the best thing to do here in bitcoin, why,? Because if we have a long patience i am sure that we can make or earn many money in the future, and i believe that holding our coins can make us rich in the future maybe holding our coins for long time just like 1 year can make us rich.
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