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Topic: Patience and Holding - page 57. (Read 22138 times)

hero member
Activity: 700
Merit: 500
October 22, 2017, 10:37:09 AM
actually, for now, the price of bitcoin is really high. even this effect causes many influential people to be interested in bitcoin. it would not hurt to sell at current prices, because of course this would be very profitable. even more so if you have so many bitcoins.
This is really a very good approach, not to sell your bitcoins at the time when the market price is rising high. Patience and holding are having a very strong relationship in between.
There is no way that you can hold your bitcoins if you are not having this habit of remaining patient at tense moments and at the time when the prices are falling down. Moreover, you will lose your money if you will lose your control over your nerves.
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
October 22, 2017, 02:37:39 AM
Seeing money go up and down does bother you so much, you must patient. Patience and Holding is a best strategy for your successful but it has two sides.

Anything can happen in the market but you need to have patience and keep holding your coins is always suggested because we don't know if the price of coin increases we can make more money if you hold patiently.
full member
Activity: 434
Merit: 117
October 22, 2017, 02:32:45 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 ..
It is true that holding is really effective to make more money. We should have a lot of patience for us to earn more money. Many people became successful because they have a lot of patience.
legendary
Activity: 1526
Merit: 1001
October 22, 2017, 01:06:00 AM
Patience is a very important thing in maintaining the coin that we have. Sometimes significant price reductions make us experience panic and sell coins that we have with a cheap price. And when we can wait some time again prices will tend to increase. This is called panic sell and we all must have experienced it. This panic sell will make our coin free fall because most traders experience the same thing, they sell more than buy so there is no demand balance and this is the main factor causing the much worse price reduction.
newbie
Activity: 47
Merit: 0
October 22, 2017, 12:56:36 AM
there is a say that ' if you have not patience, then you are not a good trader'

So patience is an important thing in trading sector. Holding bitcoin for long terms can bring you a lot of profit which needs patience. But for short term business you will  have to take risks for trading which requires a lot of skill. Though you gained some profit, you were not satisfied i think. 
sr. member
Activity: 674
Merit: 250
October 22, 2017, 12:45:58 AM
Seeing money go up and down does bother you so much, you must patient. Patience and Holding is a best strategy for your successful but it has two sides.
member
Activity: 72
Merit: 10
Crypto Evangelist
October 22, 2017, 12:11:53 AM
Patience is not a trait many people have. Being able to HODL in crypto is a trait not many have. With all the FUD and scams around us, it is paramount for the community to HODL and build value in any currency. It's matter of time it will grow and everyone will profit.
sr. member
Activity: 264
Merit: 250
October 21, 2017, 07:58:04 PM
Holding for long term is what really makes you good money and not scape. Many people has lose significant amount of money because of inpeteince! Some time I think some of us need to close our computer and logout on our social media account in other to reduce panic and allow market to has it way. You lose if you sell the coins below your purchasing cost and you make profits when you sell above your purchase cost, this is the circle of this business and altcoins market.
Patient and holding are the key to success in the world of bitcoin. some time you need to wait for a long time, some time there will be downward drend in the price of bitcoin but still you need to be positive and hold bitcoin, you should not start panic selling like people who not have any solid reason but start selling. i think you need to get some good information about bitcoin and after that should take a decision.
hero member
Activity: 2842
Merit: 625
October 21, 2017, 04:14:10 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 ..

Everyone does have this the same mistake, I'm not too mature to the market and bitcoin trading but I admit that I committed the same mistake of withdrawing most of my bitcoins while it was on $1,000.

I was excited because it has reached that amount that everyone is happy to see and I never thought that it can go more, push more and increase more on it's price.

In the end, I learned the lesson that I shouldn't be excited all the time when I'm seeing the price, better to wait, hold, be patient and calm all the time.

When I feel like I'm losing, I'm trying to sell what I get. Because I am afraid of losing more. I pay particular attention to not being longer than 1 week.

Don't do this anymore, this will make you regret.
sr. member
Activity: 882
Merit: 282
October 21, 2017, 04:08:19 PM
Holding for long term is what really makes you good money and not scape. Many people has lose significant amount of money because of inpeteince! Some time I think some of us need to close our computer and logout on our social media account in other to reduce panic and allow market to has it way. You lose if you sell the coins below your purchasing cost and you make profits when you sell above your purchase cost, this is the circle of this business and altcoins market.
sr. member
Activity: 518
Merit: 251
October 21, 2017, 03:26:17 PM
Ugh. I've lost so much potential profit by not being patient and not believing in bitcoin--but I don't dwell on it, since none of us knows what the future holds.   And that's the main reason why I don't trade altcoins.  The market volatility is insane, and I don't have the stomach to be patient in a market where you could potentially lose literally everything in an instant.

Once I get my debt settled, I'll be buying some bitcoin to hold on to.  But no altcoins for me.
It is quite normal for people to be hesitant on something that they do not know well. So for me the best way for people to know or to earn more is to set a lot of time for them to learn and to have a basic role of learning with the used of bitcoin and also earning bitcoin with different ways and modes. But for it to happen one should have a lot of time and for them to achieve they also need to be patient enough to find ways and to learn more.
This is so true. The reason why most people do not normally have patience is due to their knowledge base.

For someone what is knowledgeable and understand what he/she is doing, it is pretty obvious, they can make good decisions from their trade and be patient a little to make a good profit than panicking but everything balls down to the coin you hold though.

When I was a beginner and there were no experienced people in my environment, I very often panicked and made silly sales. But now I am confident in the crypto currency. I decided to keep bitcoin for several months

Experience is the best teacher and when I was new to trading even I used to get panic very easily and sold my altcoins and even bitcoins at the right time but when I saw that price can bounce back once again in future it gave me a feeling that you should hold your coins longer and wait for the right time to sell your coins to get positive results from it.
full member
Activity: 172
Merit: 100
October 21, 2017, 02:01:12 PM
Ugh. I've lost so much potential profit by not being patient and not believing in bitcoin--but I don't dwell on it, since none of us knows what the future holds.   And that's the main reason why I don't trade altcoins.  The market volatility is insane, and I don't have the stomach to be patient in a market where you could potentially lose literally everything in an instant.

Once I get my debt settled, I'll be buying some bitcoin to hold on to.  But no altcoins for me.
It is quite normal for people to be hesitant on something that they do not know well. So for me the best way for people to know or to earn more is to set a lot of time for them to learn and to have a basic role of learning with the used of bitcoin and also earning bitcoin with different ways and modes. But for it to happen one should have a lot of time and for them to achieve they also need to be patient enough to find ways and to learn more.
This is so true. The reason why most people do not normally have patience is due to their knowledge base.

For someone what is knowledgeable and understand what he/she is doing, it is pretty obvious, they can make good decisions from their trade and be patient a little to make a good profit than panicking but everything balls down to the coin you hold though.

When I was a beginner and there were no experienced people in my environment, I very often panicked and made silly sales. But now I am confident in the crypto currency. I decided to keep bitcoin for several months
hero member
Activity: 1148
Merit: 528
October 21, 2017, 01:28:25 PM
Ugh. I've lost so much potential profit by not being patient and not believing in bitcoin--but I don't dwell on it, since none of us knows what the future holds.   And that's the main reason why I don't trade altcoins.  The market volatility is insane, and I don't have the stomach to be patient in a market where you could potentially lose literally everything in an instant.

Once I get my debt settled, I'll be buying some bitcoin to hold on to.  But no altcoins for me.
It is quite normal for people to be hesitant on something that they do not know well. So for me the best way for people to know or to earn more is to set a lot of time for them to learn and to have a basic role of learning with the used of bitcoin and also earning bitcoin with different ways and modes. But for it to happen one should have a lot of time and for them to achieve they also need to be patient enough to find ways and to learn more.
This is so true. The reason why most people do not normally have patience is due to their knowledge base.

For someone what is knowledgeable and understand what he/she is doing, it is pretty obvious, they can make good decisions from their trade and be patient a little to make a good profit than panicking but everything balls down to the coin you hold though.
legendary
Activity: 1302
Merit: 1037
October 21, 2017, 06:55:49 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 ..
Patience is really a great factor in the trading world. Many people became successful in the trading because they have a lot of patience. We need to have a lot of patience for us to hold our coins in a long time.
Exactly patience really matters. You cannot even hold for long without patience. Most times some news will get flashed at you or you see some crazy movements only to start shivering and selling fast. And some even gets anxious once they see a huge profit and then quickly sell. I think that is the best time for you to show patience and hold it similarly at the time of buying you should have to wait for the right time to buy.
Patience is very difficult because the market is constantly changing and the prices can go down very fast but just one good news is that the altcoin can go to the moon but if you are not patient then give No matter how good you are, you will probably have very little profit or nothing
On these kind of situations emotion would really come out which would really affect our patience specially when we saw rapid or sudden change of the price. Patience is really a great factor on trading field but there are times that patience should really be cut off and we should be wise on when to sell out without focusing too much on holding.There are situations which it is really profit taking.
Be patient and holding bitcoin can do only those investors who have a lot of extra money for their daily expenditures. They don’t need to sell ot use their bitcoins and they can easily wait for more time, but for those who have not so much money to overcome all the necessaries of life, they will have to sell their bitcoin because of the needs. Otherwise holding bitcoin is far better than selling.
legendary
Activity: 1232
Merit: 1029
October 21, 2017, 05:30:31 AM
When I feel like I'm losing, I'm trying to sell what I get. Because I am afraid of losing more. I pay particular attention to not being longer than 1 week.
I might have to involve that strategy as well for some coins anyway. I have held some coins for 2 weeks and I really got a whole lot of profit from them but really, it seems like a long time to hold a coin and for a coin with a good prospect, it should have some positive changes within days and not up to 2 weeks. it is hard to predict in the crypto world anyway but it is important to always play safe.
hero member
Activity: 1190
Merit: 541
October 21, 2017, 04:18:36 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 ..
There are many trader like you, do not worry many people also miss their chance. If you keep it and what is the price down? Think positive about what you did and I often do that when I'm wrong.
Many people have sale out their bitcoin due to panic that price is going down to $4000 but not it has been happened in reality and now they are said that they have missed the chance of earning more because the bitcoin price is now going up and at the end of this year it is expected that the price will touch the figure $6000.

So it has been concluded that we should have to take decision carefully and must have to keep hold our bitcoin whenever the price not go up again. We should have to play a role of good patience. 
sr. member
Activity: 2618
Merit: 335
October 21, 2017, 03:51:06 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 ..
Patience is really a great factor in the trading world. Many people became successful in the trading because they have a lot of patience. We need to have a lot of patience for us to hold our coins in a long time.
Exactly patience really matters. You cannot even hold for long without patience. Most times some news will get flashed at you or you see some crazy movements only to start shivering and selling fast. And some even gets anxious once they see a huge profit and then quickly sell. I think that is the best time for you to show patience and hold it similarly at the time of buying you should have to wait for the right time to buy.
Patience is very difficult because the market is constantly changing and the prices can go down very fast but just one good news is that the altcoin can go to the moon but if you are not patient then give No matter how good you are, you will probably have very little profit or nothing
In my opinion both depends upon the needs and requirements of a person. Selling in time of need and hold for the future purposes. I think if someone has the patience to hold his bitcoin instead of selling them then he will be the richest man in the near future because the price of bitcoin is growing more and more, and waiting for that time needs patience not to sell his bitcoins.
sr. member
Activity: 798
Merit: 255
October 20, 2017, 10:59:41 PM
Yes! We all know that patience is a virtue. If you have patience you know that you have great rewards in the end. In everything we must have patience especially in the world or crypti currencies, you must have at least patience at least  2-6 months is actually good for waiting you must have patience to hold your coins in order for you profit 10x in the world of trading patience pf holding of your coins is the best you have.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
October 20, 2017, 10:47:03 PM
When I feel like I'm losing, I'm trying to sell what I get. Because I am afraid of losing more. I pay particular attention to not being longer than 1 week.

True. Often times, when we see that the value of a certain token/coin which we have is going down, we panicked. We tend to loose our focus and get impatient because we are not sure whether it will still go up or worse, it will eventually go lower and have us loose our profit. It's a very risky situation and it requires great deal of knowledge as well as patience.
Yes Knowledge is important but it all depends on their fate and their fortune,it has been proven only the lucky people who will earn every day income.All strategy is done if still not lucky then it is clear this problem is the goods,you can stand behind turret hold is something right for now
It is better to have a knowledge because you can create a strategies easily and improve our skills in trading. Trading is unpredictable that's why it is better to study first before entering trading because there are many possibilities of winning and also losses in trading
hero member
Activity: 1204
Merit: 500
October 20, 2017, 10:36:27 PM
actually, for now, the price of bitcoin is really high. even this effect causes many influential people to be interested in bitcoin. it would not hurt to sell at current prices, because of course this would be very profitable. even more so if you have so many bitcoins.
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