Patience and Holding - page 71. | Bitcointalksearch.org

nydiacaskey01

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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 ..

Why feel bad if you earned at least a profit? If you withdraw or sell but earned a profit then nothing to feel bad about it and besides who knows if Bitcoin price will recover after it dipped at $3,800? You withdrawn or sell because you thought that its the right time to withdraw. What you did is ok as long as you earned even with a small profit, feel very bad if you sold at loss, I'll be kicking my self if I do that.

The Sceptical Chymist

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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.

webtricks

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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 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.

jvdp

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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 ..

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.

mafia15

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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 ..

Topic: Patience and Holding - page 71. (Read 22138 times)