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Topic: Patience and Holding - page 31. (Read 22166 times)

member
Activity: 70
Merit: 10
December 14, 2017, 10:17:37 AM
i have been hodling in alts for 5 months. I had 1.5 btc when i started. its value is 0.8 now. So...Its your desicion to hodl or not but i advice you to trade if you are good at it or stay in BTC.
That's true tag line. More precisely we can hold only if we have got the patience in us. Today's world has got very impatient and no one care about there loosing money. That's ain't gonna help much while trading and investing into crypto world. What it asks for is the patience as we can see how bitcoin prices are blooming around us and those who have invested long ago must be millionair once more! This cycle will keep going on again and again until there is remarkable prices of 100k per btc. Hope so we keep it stubborn investment until that point in the future
member
Activity: 350
Merit: 12
December 14, 2017, 10:03:22 AM
it's definitely the core of the game especially in trading.. one cannot just jump right in and ride.. wait for the trend..
Patience is a virtue and it does pay you off. I am sure that those who have been really patient with bitcoin are now one of the richest people in the world or will be soon.

At least they are living a life of financial liberty. Bitcoin has helped many people in making them rich and helping them in achieving their goals. As far as trading is concerned, long term trading is undoubtedly highly beneficial for traders.

I feel like the best way is to do both: long term investing and short term trading. Moreover I never keep everything in alts or in BTC, I always have both: altcoins and BTC, this prevents you from going deep down whatever happens on the market. Agree with you about patience, however, do you think that there're still coins that worth to wait for so long as it was with BTC?
full member
Activity: 518
Merit: 100
December 14, 2017, 09:56:37 AM
i have been hodling in alts for 5 months. I had 1.5 btc when i started. its value is 0.8 now. So...Its your desicion to hodl or not but i advice you to trade if you are good at it or stay in BTC.

Well all coins have their different, i have a coin before and the price was too small that time and because of that i did not sell it ,im just waiting until the price of my token Increase and this will happen. Just research about the coin you want to hold to avoid losing money.
hero member
Activity: 1120
Merit: 507
December 14, 2017, 09:06:22 AM
it's definitely the core of the game especially in trading.. one cannot just jump right in and ride.. wait for the trend..
Patience is a virtue and it does pay you off. I am sure that those who have been really patient with bitcoin are now one of the richest people in the world or will be soon.

At least they are living a life of financial liberty. Bitcoin has helped many people in making them rich and helping them in achieving their goals. As far as trading is concerned, long term trading is undoubtedly highly beneficial for traders.
newbie
Activity: 140
Merit: 0
December 12, 2017, 10:44:33 PM
Patience is the soul of any activity or work specially in trading or dealing with any monetary work.Having patience will yield you more than your expectation and is also advice to calm and have patience while dealing.Holding and patience may provide you great rewards at the right time.
full member
Activity: 256
Merit: 100
December 12, 2017, 10:32:41 PM
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 ..
Your strategy is wrong. You fear that you will eventually get down to the value of bitcoin currency. There are many traders are similar to what you have experienced and for the reason that they may lose some coin they are afraid to drop bitcoin value price and they will also be able to sell it at a lower cost than they buy it before. but it's all wrong thought.
It is all wrong thought but happens to most bitcoin traders. It is psychological when trading, when large amount drop they will panic. So patience and holding is always needed.
member
Activity: 88
Merit: 11
December 12, 2017, 10:24:00 PM
Yup for me patience is always the way don't get too excited if you don't have patience you'll just gonna lost a lot of money instead of getting profit from it, you will gonna make bad decision if you don't have patience that will lead to your loss that is why it is important to relax sometimes.
full member
Activity: 672
Merit: 127
December 12, 2017, 10:15:09 PM
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 think you learn the trading very late. Since the principal of trading is Brought the bitcoin when the price of bitcoin is low and sell when the price is high. Do sell in panic and all.Just wait till the price of bitcoin reaches the high value. Just avoid of panic selling to rich in short time.

The market is way too unpredictable as of few weeks. Bitcoin has been just constantly rising and reached a high of 19k on coinbase. It is pretty difficult to predict what a high will be. With these new future contracts coming in, the price will be more volatile than before. Although, your advice is the best way to trade - Be patient, sell at high, buy at dip.
Correct, specially when bitcoin rise and alts go down. But if you sell your alts before it goes down when bitcoin rises, the more profit it can be because of the price of BTC. I have patiently wait for the alts but my profit is too low because of holding some alts that suppose to be 5X profit if i stay it for bitcoin only.

Patience still not the key to earn more profit in trading. I think its the knowledge on how the market works specially if you are holding many currencies in the market.
full member
Activity: 238
Merit: 100
December 12, 2017, 09:08:03 PM
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 ..
Patience should be done in our daily life. Since you made a mistake by withdrawing all of your earnings in trading then you have to moved on and keep going on because if you do not control your emotion then you won't make a progress in the future. So what if bitcoins keep on aiming high? It is not too late to start again. Face your fear and keep on trading. Fighting!
member
Activity: 238
Merit: 15
--=oOo=--
December 12, 2017, 08:46:04 PM
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 ..
Your strategy is wrong. You fear that you will eventually get down to the value of bitcoin currency. There are many traders are similar to what you have experienced and for the reason that they may lose some coin they are afraid to drop bitcoin value price and they will also be able to sell it at a lower cost than they buy it before. but it's all wrong thought.
full member
Activity: 294
Merit: 114
December 12, 2017, 08:38:29 PM
It would be a different situation if bitcoin price never hikes up. A lot of people having full regrets about why they never hold it. In the first place, it's their own fault why they don't have any patience at all. Second, a majority of holders never thought of BTC reaching this kind of value. Why not move on and keep looking forward to other things. After all, there's limitless of opportunities with cryptocurrencies. It is just a matter of time which coin will get the next chance to pump up, what ICO or project will create more hype and succeed in the end.
legendary
Activity: 1442
Merit: 1008
December 12, 2017, 06:06:16 PM
yes,I am doing same as well.one of the big amount of btc I withdraw from bittrex but now btc up & up.
so I learn so much from my big mistake. holding is the best option to increase your money.
It's just because of the price of Bitcoin escalate quickly to the highest, no wonder peopl talking bs about how better holding it is than have to trade it. Now imagine if the alt coin price you hold escalating as high as Bitcoin or even better, what do you do? Remain talking about holding are better? I don't think so.
member
Activity: 252
Merit: 10
December 12, 2017, 02:55:04 PM
Patience to the importance of trading, the importance of the subject is of utmost importance. If you want to achieve success in business then definitely need to take part. However, it will not be possible only if it is sitting on patiently. If it seems that the price will be reduced in the future even if the price is gradually decreasing, in my opinion then it is better to sell it.
sr. member
Activity: 602
Merit: 250
December 12, 2017, 02:42:21 PM
patience is something that is very important in trading.
lose your patience will lose your money.
yes the price of Bitcoin will continue to rise in time to buy and hold.
it really bener once you say, because in trading and trading it is in need only patience patience and patience is most important .. but if in losing patience will certainly make your profit and money loss
full member
Activity: 392
Merit: 103
December 12, 2017, 02:32:20 PM
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 ..

Maybe its  wrong upon withdrawing earlier with your funds in trading,but making mistake will make you more strong... you earned something and it was a LEARNING so that next time you should have patience in trading bitcoin. because our investments earn few percent which  means we should have earn it all and withdraw it.why not try to withdraw who knows that price that you withdraw is now riding on moon...
full member
Activity: 322
Merit: 100
December 12, 2017, 12:43:46 AM
Practice is what made such a thing, he achieved success. There are fewer people who have not achieved success by attaining success. Bitcoin's price is increasing day by day. Success in the case of Bitcoin can be successful.
full member
Activity: 504
Merit: 106
December 12, 2017, 12:43:31 AM
Right, as today's situation shows a great patience and holding BTC was the better policy than trading. However, it was unbearable for most of us to wait!
Different people come with different nature and like you have said, it is very difficult for everyone to control when prices are going higher. There is a greed factor coming in your minds that dude wait for more to come. And some are there who don’t wait when prices are going down. They can’t control their mind and sell bitcoins at cheaper rates, thus counting loss in their accounts.
member
Activity: 306
Merit: 14
December 12, 2017, 12:07:51 AM
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 ..
yeah, cause long term trading is good and profitable
more patience more profit cause coins will more valuable years by years
member
Activity: 84
Merit: 10
AQGmvEGdwBDWpNmH23337qRVEdqj7wduzj
December 11, 2017, 11:54:06 PM
it's definitely the core of the game especially in trading.. one cannot just jump right in and ride.. wait for the trend..
member
Activity: 210
Merit: 10
December 11, 2017, 10:56:28 PM
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 ..
That's okay, You should not be worry, all Traders go through that kind of disappointment. Especially you're just a beginner in the world of trading. It is hard to predict when the price of bitcoin will increase or when its dump. But because now that you have learned and have experience already, next time you know what to do.
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