Patience and Holding - page 58. | Bitcointalksearch.org

Cacingkemi

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Quote from: Swenna on October 20, 2017, 09:01:42 PM

Quote from: Granxis on October 20, 2017, 06:47:11 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.

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

Swenna

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Quote from: Granxis on October 20, 2017, 06:47:11 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.

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.

Jewell

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Quote from: GoodLuck2 on October 20, 2017, 03:47:44 PM

Quote from: Granxis on October 20, 2017, 06:47:11 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.

You may be doing right but I think otherwise, if I were at your place, I would have never opted for selling my bitcoins no matter what the circumstances were. There is no way that you can earn more profit if you plan to sell your bitcoins at the time when the prices are falling down. Patience is the key if you want to earn good amount of profit in the world of bitcoin. You need to learn this thing to avoid any further loss.

Yes that is right that patient is too much important in every field of life. but i think it is also depending on your experience, if you have good experience in your field you will clearly understand the matter and will surely remain as patient, those people who do not have any experience, Inexperienced people mostly create problems.

equator

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Quote from: bestluck on October 20, 2017, 05:01:49 PM

Quote from: nano77 on October 19, 2017, 11:44:16 PM

Quote from: mafia15 on October 08, 2017, 12:57:30 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 ..

well, patience and hold it is a good strategy in trading and in trading all there are risks so you should be wiser and smarter in the face of risk, make failure as a lesson to be successful

There is saying, “Either win or learn”. You need to get experience from your mistakes. And as far as holding and patience is concerned, believe me it is key of success. Only one thing you have to do as best as you can, is the decision making in business. If you made it successfully, you will be astonished with your results. So implement this patience and holding strategy, it will bear you fruits.

What a superb saying of Patience and holding description. But if you are trading in altcoins then patience and holding wont give you profit because their are some coins which have to be dumped and get profit and forget it. So this implements only on those coins like bitcoin and other some good coins which are good for long-term.

bestluck

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Quote from: nano77 on October 19, 2017, 11:44:16 PM

Quote from: mafia15 on October 08, 2017, 12:57:30 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 ..

well, patience and hold it is a good strategy in trading and in trading all there are risks so you should be wiser and smarter in the face of risk, make failure as a lesson to be successful

There is saying, “Either win or learn”. You need to get experience from your mistakes. And as far as holding and patience is concerned, believe me it is key of success. Only one thing you have to do as best as you can, is the decision making in business. If you made it successfully, you will be astonished with your results. So implement this patience and holding strategy, it will bear you fruits.

GoodLuck2

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Quote from: Granxis on October 20, 2017, 06:47:11 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.

You may be doing right but I think otherwise, if I were at your place, I would have never opted for selling my bitcoins no matter what the circumstances were. There is no way that you can earn more profit if you plan to sell your bitcoins at the time when the prices are falling down. Patience is the key if you want to earn good amount of profit in the world of bitcoin. You need to learn this thing to avoid any further loss.

ekoice

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It was earlier a most frequently used idea to sell bitcoins and invest in altcoins so that they could increase their volume of bitcoins when altcoin price increases.But that seems not working now since bitcoin price is steadily increasing.So,you have rather done a wrong thing by selling your bitcoins and buying altcoins.Next time,don't get panic and just patiently hold your bitcoins in a long term basis to get huge profits.

micher143

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Quote from: The Sceptical Chymist on October 08, 2017, 02:12:19 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.

Granxis

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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.

Soranith

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Quote from: marseille on October 19, 2017, 08:57:33 PM

Quote from: ankylotic on October 19, 2017, 02:44:32 PM

Quote from: bravehearth0319 on October 19, 2017, 02:35:19 PM

As a traders, if you buy something and you believed that the token will be increase and has a potentials to to go up for a real, well I guess you need to buy that coin then hold in a long term then while doing it you need to be patience as well until it reach the day were the price value is really expensive.

I think patience really matters in any kind of investment. especially in the case of bitcoin specifically
The person who invests into the bitcoin the main thing that is required is patience because some people are always busy to spread rumors against bitcoin to defame it or news related to it always gather in the market to defame it.

Yes and if you don't have patience then bitcoin is not the right place for you to invest your money as you will easily get carried by the negative news you come across through and you will panic easily when you see downfall in the price and that will make you to sell your coins at a wrong time which will eventually bring loss for you.

You are right, crypto got a lot of FUD and we deal it everyday if we don't have enough patience and trust with crypto then we can't be successful here, it would be better to invest our hard earned money to something else.

ahtremblay

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I don't think so, man. If you could get profit from trading whether you get much or little, you are succeeded. Let try your best. Grin

waitforme

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Patience is the first lesson in business I used to be. I put all the money I had in bitcoin then the bit price is quite high and suddenly I saw its price has dropped 30% over the price. I bought I looked at my money is disappearing so I sold the hole but after I sold everything back to the original. The lesson is that when you believe in something in the business follow it to the end but with it use the knowledge that you learn to apply it to your belief higher.

Jating

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Quote from: 2double0 on October 20, 2017, 01:58:55 AM

Quote from: mafia15 on October 08, 2017, 12:57:30 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 ..

Holding is better but in many cases, I have even seen some people regretting their holds for too long.
You should really know when to stop hodling, because there were many coins that were bought very expensive (that follows the rule that when someone wins, someone has to lose and the same applies in trading) like DGB, BTS (I am still in favor of this), XEM, AMP that are almost 10-20 times less their peak prices. It's good to hodl, but it's smart to get yourself out of the coin at the right time. It's better to sell between and cut your losses that may occur in "future" when the coins you hold get dumped even more and you regret over your decision.

I think earlier years its really good to hold on your bitcoin because the price is not the spiking. But year-to-year, bitcoin has spike like 500% that's why its really hard to hold. Sometimes you need to cash out and take profit. Otherwise you won't realized your full profit and the real potential of your money.

I don't think you need to cut your losses if you are a hodler for a long time. But yeah, selling from time to time will also reignite the ecosystem and your coins in the circulation again and others will have the opportunity to get it some coins.

Burks

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Quote from: Rashid555 on October 20, 2017, 01:35:06 AM

The quality of being patience is good. If you are patience then at right time you will take decision. Time management is very good quality if you have. If you have patience then you will hold good investment for long time and at the right time you will sold your investment to get good amount of money. Patience will lead you to the success and there are thousands of stories which are based on patience.

If someone have enough patience to hold the bitcoin then he will succeed.But there are some strategies available in trading patience you just have to wait for your opportunity don't hurry the trade otherwise you will not get much profit.Being patient is good but don't be a stubborn.The first one is a great virtue, the second one it definitely isn’t. Accepting the fact that a trade didn’t go the way you were looking for it to it’s an emotional process that needs practice to be implemented. The faster you’ll get there, the sooner you’ll be trimming your losses out considerably and you’ll turn your trading consistently profitable.Don't Rushing to take profit when a trade goes as for the plan.

OracionSeis

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Quote from: Alphagog on October 19, 2017, 07:16:15 PM

Quote from: Reid on October 17, 2017, 12:56:17 PM

Quote from: zergenyt09 on October 17, 2017, 12:41:43 PM

Quote from: eminemcookie on October 09, 2017, 10:49:41 AM

Quote from: Ranly123 on October 09, 2017, 03:42:15 AM

Quote from: mafia15 on October 08, 2017, 12:57:30 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 is vital in this kind of business, just like trading in fiat currency wherr you buy low and sell high. Need not to worry about what you have done in the past, whats important is you learned the aspects of trading alts to bitcoin.

It's really important in trading and in just about everything in life that you let the past go. Make your mistakes, learn from them, but then forget about them and focus on the next decision. If you continue to regret past mistakes you will always struggle to make correct decisions in the future for fear of making a mistake again.

It is all about learning from our mistakes and not letting it take the best of us but rather make the best out of us. There is no one who has not made mistake, but it is how you react to them that matters. Positively or negatively, the choice will always be yours and no one can make that decision for you.

Very true and I do agree with all of it.
We dont need others to make the decisions. Some just do it so they can blame someone else. That is just for cowards.
If you know what you are doing then why believe the prediction of other people.
Make your own predictions and somehow you will also learn from it.

As one is investing into bitcoin he must have knowledge to build his own strategy and relying on other will met the loss and those who let other to decide their fate will never get enough piece of profit so the one who is investing he must be confident to take decision at his own because he know his good and bad in very better way so decide at your own analysis,

Do you want to give the permission use your money to someone? You are using your money to investing and trading, you must to know no one has permission uses your money, but when you invest in any field by advised of someone, you are giving your money for them replaced you to decide.

2double0

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Quote from: mafia15 on October 08, 2017, 12:57:30 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 ..

Holding is better but in many cases, I have even seen some people regretting their holds for too long.
You should really know when to stop hodling, because there were many coins that were bought very expensive (that follows the rule that when someone wins, someone has to lose and the same applies in trading) like DGB, BTS (I am still in favor of this), XEM, AMP that are almost 10-20 times less their peak prices. It's good to hodl, but it's smart to get yourself out of the coin at the right time. It's better to sell between and cut your losses that may occur in "future" when the coins you hold get dumped even more and you regret over your decision.

gabmen

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Quote from: nano77 on October 19, 2017, 11:44:16 PM

Quote from: mafia15 on October 08, 2017, 12:57:30 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 ..

well, patience and hold it is a good strategy in trading and in trading all there are risks so you should be wiser and smarter in the face of risk, make failure as a lesson to be successful

If you aspire to be a good trader, that's an attribute that you should have. Many traders lose money due to lack of patience. If you know that you don't have any money that you can risk, don't trade. Instead of earning, you may end up losing due to wrong decisions. It's better to hold for a long time than sell at a loss so its important that the money you have there is something you can spare

Rashid555

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The quality of being patience is good. If you are patience then at right time you will take decision. Time management is very good quality if you have. If you have patience then you will hold good investment for long time and at the right time you will sold your investment to get good amount of money. Patience will lead you to the success and there are thousands of stories which are based on patience.

Latviand

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Quote from: ankylotic on October 19, 2017, 02:44:32 PM

Quote from: bravehearth0319 on October 19, 2017, 02:35:19 PM

As a traders, if you buy something and you believed that the token will be increase and has a potentials to to go up for a real, well I guess you need to buy that coin then hold in a long term then while doing it you need to be patience as well until it reach the day were the price value is really expensive.

I think patience really matters in any kind of investment. especially in the case of bitcoin specifically
The person who invests into the bitcoin the main thing that is required is patience because some people are always busy to spread rumors against bitcoin to defame it or news related to it always gather in the market to defame it.

Yes its true patience is what a one trader really needs because earning at bitcoin isn't that instant that once you've entered in this kind of investments or trading the return of your investments will instantly be paid. In trading btc you must have a patience when your going to sell your coin, a patience in doing or working out your account and a patience on Deciding when your gonna sell because of the inconsistency of the price of the coin in the exchange market.

nano77

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Quote from: mafia15 on October 08, 2017, 12:57:30 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 ..

well, patience and hold it is a good strategy in trading and in trading all there are risks so you should be wiser and smarter in the face of risk, make failure as a lesson to be successful

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