Patience and Holding - page 67. | Bitcointalksearch.org

makishart

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Quote from: eekkaa on October 09, 2017, 08:55:48 PM

Quote from: mafia15 on October 08, 2017, 11:57:30 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 ..

I hold my coin as well because when I buy it in the expensive price and suddenly the price drops to the base, i hold altcoin like XRP,XMR,XLM because Bitcoin rising up and Hardfork this month Cry

But, you can check it out the equivalent to your local fiat of each altcoins you bought, the value maybe the same but just the rate to btc significantly decreasing and that's becasuse bitcoin just get pumped so hard, we're heading for new ATH for bitcoin but the effect is, all the altcoins gets dumped aswell as you said.

bnlllamo

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Quote from: mafia15 on October 08, 2017, 11:57:30 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 ..

Learned the hard way but basic concept is >when bitcoin goes up altcoins goes down >when bitcoin goes down altcoins goes up > when bitcoin goes sideways alt-coins goes up. Many time i forget this basic rules but trading view helps a lot. When you are capable of reading charts it's easy when to enter and exit.

aardvark15

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Quote from: mafia15 on October 08, 2017, 11:57:30 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 ..

I think one of the biggest mistakes in trading is panic buying or selling. You have to be patient and only buy when there is a price drop and only sell when you make a good profit. It's hard to take emotion out of it, but that's what you have to do to be successful at trading.

Most of the time if you follow the rule of buy low sell high, you can make money trading. The exception would be when a coin is just a bad coin and it loses trading volume and basically dies. I this situation you are left holding the bag.

traderethereum

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Vave.com - Crypto Casino

when someone decide to buy altcoin, he should know and realize that altcoin can down too deep because of btc price is increase and he should only patience and still holding. i think its normal if we can not be patience because we don't know yet about what is happen with altcoin if btc price is up but after you have the experience from this moment, i am sure that in future you won't make the same things again. i still holding all of my altcoin because my profit is reduce and i don't want to sell now and i only waiting and i can be patience for this.

darthmaul

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Quote from: mafia15 on October 08, 2017, 11:57:30 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 ..

Isn't that's good you came to know your mistake and you are actually implementing it from here onwards. So that's how we learn in the world of crypto trades and investment.

Yes surely holding works, and it worked since the 2009 for those people who are now millionaires in the industry. Take that last into consideration and believe in yourself then you will have all the power of patience and holding your coins. That's the best way around it. :-)

eekkaa

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Quote from: mafia15 on October 08, 2017, 11:57:30 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 ..

I hold my coin as well because when I buy it in the expensive price and suddenly the price drops to the base, i hold altcoin like XRP,XMR,XLM because Bitcoin rising up and Hardfork this month Cry

crazyer

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I think so. The altcoin is very good and tends to increase. The Crypto market is very potential. Investing in idle money on Crypto is a logical investment.

Indrawan77

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Sometimes trading alt coin need a very patience action, some of the alt need a very long term to get a maximum profit, every mistake is an experience, and building a lot of experience will help you to become a better trader, bitcoin price is high but it will get higher, so you still can grab this opportunity

Nerman

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Yes it is true that you must be patient in trading but always be happy when you have profited on the trade. Profit is profit no matter how big or small. We do not know the future so if you think the price will go down sell it. You cannot be right all the time but of course it is better to have a few profit rather than a loss trade

batang_bitcoin

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Quote from: mafia15 on October 08, 2017, 11:57:30 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's a very usual and normal mistake of each trader upon starting their own trading career. I have sold many of my bitcoins before on sale and after a couple of days the price went high. I don't know why is this happening to me though by the time I sold it I was very contented on that price but seeing the price went up very quick after selling, I was thinking that if only I was quite late of selling then I've got more profit.

xaxistech

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Just like it has always been, the patience is the key for success, and it always will be, and the same applies to the markets, you can not buy an alt expecting it to go up by 1000% in just matter of hours, because it never happens, unless that you are investing 1 million dollars in a low marketcap coin.
so it is better to be patient, and wait some time if you are doing an investment, it applies for all kind of investments too.

rajsimran

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Quote from: mafia15 on October 08, 2017, 11:57:30 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 ..

Holding is the main part of trading. If you bought a good coin and hold for a long time you will be the gainer. But if you sell in panic you will be a looser. Just patience and hold tight. Until you become a gainer

NutMasterTardd

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Well holding over a period of months/years is always best for higher returns, gives the project time to develop and establish. I always think it is much easier to just buy into a good project, not look at the graphs and wait a long period of time but I am pretty much addicted to day trading so I am constantly viewing charts and trying to increase my holdings short term, but when the huge spike happens it seems like it is a lot of wasted time for very little profit.

My main advice would be patience is always key, if you see your alt you hold 10 BTC in drop 50% and you "lose% 5 BTC, close your browser and and come back in a month or two (This will only work if it is a decent alt).

okissabam

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That is the most important trait you would want to practice on because that's how you get most of your profits by having patience and holding on to the coin for a couple of years or weeks or month just like bitcoin, you need to hold on for this coin for long term so you can get more profits out of it.

ghost14k

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The act of patience is what every trader must learn to have. Selling of coins during dip is not always a good call. If you can always keep calm and analyse the market well , then you will be alright. always learn to HODL.

Aura

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We all made this mistake, learn from it so you make a better decision next time.
I learned my lesson and from then on I only hodled Bitcoin or bought goods with it.
There are still some altcoins that I just keep temporary, to trade with, but I buy in small portions.

Lanatsa

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Quote from: ?? on ??

Quote from: mafia15 on October 08, 2017, 11:57:30 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's okay mate. You can try it again, just don't lose hope. Everything in trading are trials only, we can't predict the market. Patience is the best technique or strategy in trading, also we should have strong hands. Trading is not just a games or something funny, let's take it seriously and real.

Trading failures would really affect our self-esteem specially on this kind of field which prices are really unpredictable which would really cause on random decisions which would lead up on mistakes but later on we would really gain experience as we engage on trading on a matter of time.We would enhance our skills and the emotions we do need to be profitable on next times trades.

Jating

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Quote from: kelseydustin on October 09, 2017, 02:39:40 PM

Quote from: SMSabuj on October 09, 2017, 02:13:10 PM

Yes, Patients is most important for earning a good profit on holding. If you hold your coins for a long time, obviously you will be able to get much profit. Patients are must need for holding business. So be patients and make much profit.

You are wrong, not all of coins are good and not all of them will increase the price after a long time, some of them even fall down and lost a big value. You need to determine whether the coin is good or not because there are many shitty coin in this cryptocurrency community. Since the blockchchain was created, there are about more than 1000 coins and 80% of them are shit and they can never bring you anything.

That's why no can never really tell if you are going to hold on the shitty coins or not. I guess its up to you on buying that shitty coins. You didn't do your homework that's why you lose your investment buying that coin. I would rather stick to the best 5-10 coins in terms of marketcap and not look for a coin that is cheap and hope that the price could go up in the future otherwise if you keep holding that coins chances are you are going to lose and can't recovered your investment. However, if you hit a gem than your gamble paid off.

Fatunad

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Quote from: jvdp on October 08, 2017, 12:17:29 PM

Quote from: mafia15 on October 08, 2017, 11:57:30 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 ..

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.

Well this kind of mistakes cant really be avoided specially when we are just starting up on trading but somehow a good thing that would give us learning so that on next time we do trade we do already aware on the best thing that we should do on these kind of situations. Patience does really matter on trading field if you dont have this then expect you would really have a hard time on making profits.

kelseydustin

sr. member

Activity: 448

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Quote from: SMSabuj on October 09, 2017, 02:13:10 PM

Yes, Patients is most important for earning a good profit on holding. If you hold your coins for a long time, obviously you will be able to get much profit. Patients are must need for holding business. So be patients and make much profit.

You are wrong, not all of coins are good and not all of them will increase the price after a long time, some of them even fall down and lost a big value. You need to determine whether the coin is good or not because there are many shitty coin in this cryptocurrency community. Since the blockchchain was created, there are about more than 1000 coins and 80% of them are shit and they can never bring you anything.

Topic: Patience and Holding - page 67. (Read 22155 times)