Topic: Patience is a virtue in Cryptocurrency Trading. - page 18. (Read 2048 times)
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 .
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.
Ofcouse, having patience in everything we do will have a positive outcome most especially in trading. We hold our stocks and patiently wait for the right time to sell it will benefit us. Holding will be the key to successfully gain from trading which is the outcome of our patience.
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.
That is the key virtue in the Crypto market. If we are non-persistent trader then we will make many serious mistakes. I used to lose a lot of money because I was impatient in tradePatience 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 wouldn’t be enough without trust,, you may question bitcoins probability price in a long run or term of waiting while you re emotionally bombarded by negative news from left to right.. Trust will determine your strength and for a successful hodling and may not give up..
It is important in any investment regardless its fiat,, digital,, metal or cryptocurrency..
It is important in any investment regardless its fiat,, digital,, metal or cryptocurrency..
”No patience means No profits”..
In my opinion, patience is no longer the best strategy in the Crypto market. We do not just rely on holding to make a profit. Nowadays Crypto market is very difficult, we need to have experience, there must be a real impact on the market can earn a high profit.
Impatience doesn’t make any sense! The overall confidence and the experts know what to do next in the market. They sell at the top, buy at the bottom, they keep continuing it. But the weird thing is NOOBs are dumping valuable digital assets as they never know what the bottom is, neither the top. They are scared and they won’t recover. So, The best way to make a profit just HODL, since you don't lose anything before you sell. Holders are long game players.
Holding is good but at the same time you should really be wise too.If you do see a coin which do have potential then holding for long term would be ideal but for a coin which is good for mid-term then pointing out possible ath's would be always recommended.I have missed lots of opportunities in the past which coins do usually pump out on mid-term then dump all the way for long time.If you missed those chances then you will surely regret that thing.
It is true that is needed in any kind of business specially in crypto business,emergency investor(easy money earner)is no area in crypto business,because in crypto you need more patient to do business...
Hahha, patience in trading is a key characteristic. If you dont have patience, you can just loose all your money at once. So better to develop it before start trading.
Impatience doesn’t make any sense! The overall confidence and the experts know what to do next in the market. They sell at the top, buy at the bottom, they keep continuing it. But the weird thing is NOOBs are dumping valuable digital assets as they never know what the bottom is, neither the top. They are scared and they won’t recover. So, The best way to make a profit just HODL, since you don't lose anything before you sell. Holders are long game players.
Holding is good but at the same time you should really be wise too.If you do see a coin which do have potential then holding for long term would be ideal but for a coin which is good for mid-term then pointing out possible ath's would be always recommended.I have missed lots of opportunities in the past which coins do usually pump out on mid-term then dump all the way for long time.If you missed those chances then you will surely regret that thing. 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.
Yes very true Patience is a key in any success, its very important tool in all aspects in life,very important thing a trader, investor must have inoder to achieve a certain goal,
Patience in trading is the opposite of the desire to quickly and easily get a huge profit. Patience in trading is also the opposite of fear of loss and the appearance of unreasonable purchases and sales of coins. Having no patience, it is better not to invest and trade crypto currency at all
You are right, patience is one of the important keys need to be considered in order to become successful here in crypto world. That's why it's very annoying everytime my classmates tease me about my bitcoin income, make some a little bit offensive jokes about it and treat me like a purse full of money even though it's not. What they just knew is that I earn this very easily without knowing the fact that I wait for a long time first, and undergo stress and frustrations (whether to sell or not) before making a profit. Maybe they thought that engaging in cryptocurrency provides us a chance to instantly earn with only a snap of our fingers.
Well, explaining my thoughts seems doesn't matter for them anymore and besides, that's not my obligation so I prefer to keep quite. I just continue working hard and patiently waiting for the blessing to come.
Well, explaining my thoughts seems doesn't matter for them anymore and besides, that's not my obligation so I prefer to keep quite. I just continue working hard and patiently waiting for the blessing to come.
Patience is virtue and strategy in cryptocurrency trading and investing. Without patience, you might consistently lose your trade. Patience is what makes your investment mature and your speculations become reality.
I agree. Patience is one of the virtues in business. When the market fluctuates or there is information that affects your psychology, you should be patient to make the right decision, get high profits in business.
Patience is good on trading it's what makes some people rich but not all of a sudden.
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.
Just so you know even patience is useless when it comes to scams gotta pick wisely and surely before trading or investing we don't know what lurking underneath some systems. Common reaction is holding but after some dips you sell it anyways.
Patience is actually a great virtue and not only in cryptocurrencies trading but in all the facets of life. You cannot prospers without being able to stay quite and plan to set a goals, you cannot prosper spiritual without being able to be patience to meditate. Therefore, you really need patience more than everything if you what to succeed in trading.
Exactly, patience is a necessary and important virtue for investors and traders like us. I am not a good person to endure and persevere before. But after entering the crypto market, dependency from the pump / discharge process was seen. I feel the need to work hard to change and improve my patience. It's not easy and you need to practice it over time.
The best emotion you have to control in crypto's is patience, and that is really good decision right now if you do that because as of now bitcoin price decreased too much. That is right that the price of crypto is unpredictable in the market then you need to have a patience and just hold a while if you don't want to have a loss. I am investors and also traders but now I am pausing in trading because of this moment that all crypto are dumping in the market.
really, patience is the key to trading and even a trader must have more than patience, that is calm and can control emotions so as not to easily panic.
Thats true patience is vertue in trading of crypto currency and if you dont have a patinece then mostly people are lossing there investments because of greediness in trading.
And also the decision making skills at the right time is also a key to get succeed in the crypto currency trading.Many people do wrong things while come into the trading maybe due to panic so be careful and be patience.Holding crypto currency is also give us the profits.
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