Topic: Patience is a virtue in Cryptocurrency Trading. - page 3. (Read 2068 times)
Yes of course and I do believe that patience is a virtue in cryptocurrency trading industry because this is one of the ways that can lead you to be successful investors in this business.
The point is that emotional control or selfishness like greedy is unnecessary, besides that we must really know a lot of new things about coins development from time to time and news or anything that can affect it, more important if we don't choose the wrong coins. Trading short term or long term, we have to be careful in the chosen coins.
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.
We really need patience for us to make more money in cryptocurrency trading. We cannot become successful if we do not have a lot of patience. We can wait the right time to buy and sell bitcoins if we have patience. 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.
Invest in the crypto currency is in the long term. You can trade for a short time, but for this it is necessary to have great knowledge. And of course, patience is necessary to not make a mistake.
100% agree with you. Especially it is 100% right for day trading. Even a cryptocurrency market can go up and down 24 times or more in a day. If the market falls and you can’t control yourself or get panicked then you must try for sell but many times when traders try to do this market automatically goes up. So isn’t it better if we keep patience and see what actually going on?
yes you will have great opportunities for bitcoin trading, you can wait for us to have profitable trading exchanges for us not to be so impatient... Patience is a virtue in Cryptocurrency Trading
Patience is essential. However, patience is the right time. Patience waiting for the market to go up at this time is not good. You need to capture the market to buy and sell in the best way, holding and patiently waiting for the market to go up at the moment is not good.
Patience indeed is a key thing to be considered in the crypto trading, if a person have a lack of patience it is very vulnerable to losses, personally I have not got too much patience and have occurred losses.
Yes, patience is required in order to reap the benefit of an investment. But sometimes, too much patience is dangerous. Just imagine those that bought bitcoin at $18000, and still holding it?. Though cryptocurrency is not encouraged for an emergency investor.
I have tried trading, and found it to be very difficult, as I just dont have the patience or drive to watch these markets 24 hours a day, I like to accumulate long term projects and hope for the best,
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.
Yes,I fully agree,a good investor should tolerate, as many beginners (and not only ) after the correction panic and sell their assets .Therefore, the cryptocurrency market is not stable and many lose money. 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.
Not just in this cryptoworld does this saying "Patience is a virtue" apply. It applies to all aspects of living, but I must agree that it's very helpful in trading. Whenever my weak hands are tempted to lose grip, I always say to myself, "Patience is a virtue, so com'on; you gotta endure." You shouldn’t let the feeling of despondency creep into your mind. If you want to make 100% gain, then you have to emotionally endure 25% loss. Besides, that’s part of any business. You should never let a single losing trade wipe out any of your future gain. So when your trades suddenly become disastrous, listen to the deeper need of self-awareness. Be emotionally placated and equip your self-knowledge more, so that you can decide judiciously.
Yes of course, patience is the virtue in cryptocurrecny trading industry
because this is the best characteristic that you have in this kind of business to be able to survive from the struggles or hindrances.
because this is the best characteristic that you have in this kind of business to be able to survive from the struggles or hindrances.
yes thats true , patience is really a virtue and it can mainly be apply on the crypto scene because earning in cryptos do take much time ( mostly ) but there are also time that you need to stop waiting or in short you need to act fast because youl never know if that moment is only temporarily .
you cant predict anything here and patience is not always the key to win or to earn a profit because sometimes you need to depend on your luck and believe on your self that you can do it .
yes thats true , patience is really a virtue and it can mainly be apply on the crypto scene because earning in cryptos do take much time ( mostly ) but there are also time that you need to stop waiting or in short you need to act fast because youl never know if that moment is only temporarily .
you cant predict anything here and patience is not always the key to win or to earn a profit because sometimes you need to depend on your luck and believe on your self that you can do it .
true, a trader must have patience and calm in making decisions. usually people who cannot manage their patience are people who are just trying to trade, because they cannot adjust their feelings.
crypto prices are uncertain, often not in accordance with predictions and make traders confused and lost patience.
crypto prices are uncertain, often not in accordance with predictions and make traders confused and lost patience.
patience if you do holdings and tradings because you must wait for the market to have a good value before selling or buying in trading same with holding you need to wait until the price has a good value and sell your coins for a good profit.
Patience is a very important thing in trade and investment, of course sometimes changes in the price of coins in the market are not in accordance with your expectations and we are required to holding in order to avoid losses, and of course holding need for patience as the main foundation 
Yes but not only patient but also we have to make management of risk and money. The fluktuacion of crypto market is too high and we should be reduce the risk by great risk management. Using stop loss in every trade and always move some profit in to fiat. Combination of strategy, patient, never greedy and trading plan is will make possible to get maximum profit from crypto trading.
It is very difficult to win in crypto if you are not patient. Crypto market is very volatile and you have to be patient when price is low. Most people regret their actions in crypto because they sell at very low prices because of panic when they read fake news. Always have in mind that you are not here to just win instantly but with patience, you will definitely win and achieve your goals.
Yes, it is indeed very true. Patience is a virtue in trading and holding. We should all be patient enough to wait for the right time and value to come.
In all aspects of life this patience has been made sure to always exist, let alone this in the world of Cryptocurrency which is basically about money.
Be patient it also needs experience and perseverance, so let's it all the motivation for you in the future.
Be patient it also needs experience and perseverance, so let's it all the motivation for you in the future.
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