Topic: Patience is a virtue in Cryptocurrency Trading. - page 17. (Read 2048 times)
But the 1/10 probability cannot turn into any higher than that with just a patience, it needs more than that. It is just a plain strategy that still leads you into an open probability of getting a lot of losses. Remember that we're in an unstable market, we only got two points of gamble whether it is during a bull trends or a bearish trend but none other than that, we're all blind ducks. Patience with the opposite of greed needs to be within your determination. Do you know what are you even being patient at? Is it the time to day trade? Or is it the time to buy more capital for trades? Putting up with your rationality you might somehow be good but not so successful in trading.
Your patience should only apply when you invest in a down market. When the market is going up, you should not be persistent. Once you have a profit you should sell it.
Yes that is true you need more patience crypto business,in real many go to short period of time in investment,we dont need to be aggresive in trading you dont need to be aggresive by warning in short term
The pressure of wanting to get profits in just a short period of time will just result in more losses and possible chances of earning a decent amount. I don't consider people who invest in that way an actual investor, I consider them gamblers because they are just risking their investment on something that they are not sure of how it will go.
Strongly agree to that, they usually tend that they don't have enough knowledge about cryptocurrency. The moment they sell at loss is a bad choice to do that we called weak hands. If they want a profits they should know the rules in crypto, first is buy at low price but before that try some research about the altcoins you want to invest to, for less risk. Second is to hodl until it surpass the all time high or when you get enough profits. That is the basic knowledge to know to be able to earn profits in cryptocurrency.
Patience is the most important thing in this crypto world without patience person cannot work in this field and will always make a loss in a hurry so its best to keep patience and enjoy the slow profits instead of getting in a hurry and lose all.
The pressure of wanting to get profits in just a short period of time will just result in more losses and possible chances of earning a decent amount. I don't consider people who invest in that way an actual investor, I consider them gamblers because they are just risking their investment on something that they are not sure of how it will go.
Strongly agree to that, they usually tend that they don't have enough knowledge about cryptocurrency. The moment they sell at loss is a bad choice to do that we called weak hands. If they want a profits they should know the rules in crypto, first is buy at low price but before that try some research about the altcoins you want to invest to, for less risk. Second is to hodl until it surpass the all time high or when you get enough profits. That is the basic knowledge to know to be able to earn profits in cryptocurrency. 
In trading, not patience as such is not the main thing, as the person's discipline. Having a discipline and clearly following your strategy, you will earn, if you have chosen a good strategy.
The pressure of wanting to get profits in just a short period of time will just result in more losses and possible chances of earning a decent amount. I don't consider people who invest in that way an actual investor, I consider them gamblers because they are just risking their investment on something that they are not sure of how it will go.
Indeed. Patience is always a virtue in everything we do. Be it trading, or investing. Quick decision without thorough thinking and deeper understanding could lead you to nothing, but with patience, you will surely get what you deserve at the end.
yes, that is the fact about putting a patience in any kind of work which is we can gain a good return at the end if we have more patience. especially on crypto currencies which is so very volatile and and unpredictable so much better to put some patience on it and hold rather thab selling even have loses from it. So stop being hasty must put a patience always to prevent regrets. Exactly like that. Patience will help you make the right decision and accuracy. This is a good virtue in business, especially in the business of cryptocurrency. It requires you to be very careful, calm and patient to get the desired profit.
I consider patience as the most powerful tool of a person in every matter of life. A patient person has more survival chances under any kind of storm. Trading is a world full of risks and only a calm mind can make a way out of every circumstance. Traders are suggested to develop patience in their nature first before going in for this job.Most of the times, traders come across a loss due to impatient nature. Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.
Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.
A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.
This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.
A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.
This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
Cryptocurrency is actually a long journey and it will really take most of our time so we must have all the courage and patience to wait patiently as we strive for our goals here. There is no shortcut to success as well as here in crypto so we must just go with the flow wand stay optimistic. Be observant and be patience despite of all the speculations that we might hear.
Patience is a main weapon of trader. Only thanks to patience we get an excellent profit! On the cryptocurrency market, only those who invest in a long-term perspective win. That's why I prefer hold my assets and enjoy with profit later. But also every trader has to pay attention to money management.
holding and having patience could be some of the best thing as a trader to do for and we all know that this is such of the kind for wherein we can say that people tend to be always have this when they have to get what they want for and having patience is one of the safe thing to do.
Exactly like that. Patience will help you make the right decision and accuracy. This is a good virtue in business, especially in the business of cryptocurrency. It requires you to be very careful, calm and patient to get the desired profit.
Yes.If you are looking for very short term investment. Cryptocurrency is not the correct one.If you inverse your money in bitcoin or altcoin ,you have to hold atleast one month.Because the price need atleast one month,to recover the value.Before get into trading,you can analysis the market for a period of 6 months.This period is quite enough to analysis market.I had do this same thing before started to inverse my money.
Indeed. Patience is always a virtue in everything we do. Be it trading, or investing. Quick decision without thorough thinking and deeper understanding could lead you to nothing, but with patience, you will surely get what you deserve at the end.
Well, that’s true. Anyone who is investing in. Cryptocurrencies need to be the type that has patience cause it will. Help you a lot in the long run. If you don’t have patience you will just be losing a lot of profit and might keep on losing till you feel desperate and decide to quit. I made the mistake of not being patient when I was still a newbie, ever since then I don’t make such mistake again, I always have patience and hold till price goes up again. That’s the same thing I’m doing right, I just keep on having patience waiting for the price to rise again.
Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.
Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.
A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.
This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
totally agree . If investors do not have patience, they will lose a lot of money. I myself am involved in this market also made a lot of mistakes because I lack patience. But after making many mistakes, I learned patience when tradingPatience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.
A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.
This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
Absolutely. Patience is the key for success with crypto currencies trading and holding too. Without patience you cant make good profit with this digital currencies, because their markets, prices stay very volatiles, and going up and down all the time almost. So you have to wait until the price reach the best level, and it take long time usually.
You have a point in that scenario right now the whole market are in bloodbat situation all we can do is to be calm and need a lot of patient if you want to recover from your lose in this downtrend happen.
Every trader that come from the battle of trading industry need patient and trust to catch their goal if you are impatient the result can go for losing your capital.
Absolutely. Patience is the key for success with crypto currencies trading and holding too. Without patience you cant make good profit with this digital currencies, because their markets, prices stay very volatiles, and going up and down all the time almost. So you have to wait until the price reach the best level, and it take long time usually.
There is absolutely no doubt in that . Patience is the key factor for working or being involved in the world of crypto currency . There is a lot of persistence required as well . If you panic at any drop that is significant you are likely to be at loss if you sell because there is so much volatility involved with crypto world that you never know when the prices will jump again . Crypto currencies is definitely not for weak hearts . You have to be very sure before getting into it after making some calculations .
Indeed. The battle begins whenever we start trading or whenever we enter in the market of crypot currency. No matter what you are doing, trading, gambling, Hodling, or even mining. In all of these processes the time is limiting factor, it is limiting in terms of getting your ROI back or letting the market recover again to the high rates. The entry points are always need to be checked twice, if market drops then you have to have lots of patience. If you leave the market early you loose, if you leave the market at break even then you dont get anything and dont loose anything either. BUT, if you wait and have some patience then obviously you earn back huge.
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