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Topic: Patience is important (Read 927 times)

full member
Activity: 616
Merit: 102
August 22, 2021, 04:14:38 PM
Patience can indeed pay off when the time comes, but if you are patient in investing in the wrong coins, it will make us waste time in vain, in my opinion, in investing in cryptocurrencies, it is a basic analysis that must be learned first, then next then we have to apply patience to get satisfactory results later
jr. member
Activity: 407
Merit: 2
SmartFi - EARN, LEND & TRADE
August 22, 2021, 03:34:43 PM
yes, basically trading in the crypto market is not just buying and selling, if the goal is to make a profit then we must pay attention to the market rate and the coins you are trading. on the one hand patience is the main point that a trader must have, then set a target and if you get enough profit it is better to sell it.
full member
Activity: 733
Merit: 100
August 22, 2021, 12:32:34 PM
I think before we are patient we must be really accurate and strong in analyzing what coins we have. because so that when we really wait we can see how the condition of the coin and also our patience gives a big profit.
full member
Activity: 1025
Merit: 100
PredX - AI-Powered Prediction Market
August 22, 2021, 10:40:53 AM
I really agree that Patience is very important in investing in crypto, because it really determines success in trading, all coins in crypto are volatile, so the price is very uncertain, if we are in a hurry to make decisions, then we will regret it later.
sr. member
Activity: 1218
Merit: 254
Trphy.io
August 22, 2021, 10:28:12 AM
This is one of the keys to a trader's success if he has a patient attitude when the price is correcting and does not panic in the face of the situation. That's why I prefer to play coins with a high volume that the market is interested in, so we can still maintain our patience because the ups and downs are fast because the market is in demand of coins.
legendary
Activity: 1610
Merit: 1003
August 22, 2021, 09:41:44 AM
i have impatient friend who loss fund on bitcoin for some month, and get a scam by telegram crypto group.
first incident make him feel unsafe, even though this is his fault to not wait longer. after that, he lost control to believe what people do and join scam program, double kill.
jr. member
Activity: 111
Merit: 1
August 22, 2021, 09:27:57 AM
Yes crypto also name a patience because we don't wait when we see we're in loss sell our coin this is the main reason so if want to successfull in trading we need to start patience and wait until any signal don't hit our target .
full member
Activity: 742
Merit: 102
Second Live
August 21, 2021, 09:53:40 PM
There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.

And are you being patient with what you say, OP.
I find that patience is important, but that's when we've been through it. So I always keep this in mind, respect the experience of those who have gone before.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 21, 2021, 08:01:10 PM
Patience is an important factor in trading, you have enough funds but you do not have patience, you will not go trading because in this case the amount of loss will be more than your profit.
In addition to having more patience in trading, everyone must always apply a mature strategy in carrying out their trades because without a good direction and strategy, you will always be defeated by market conditions that are always unstable.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
August 21, 2021, 07:58:55 PM
when trading cryptocurrencies nothing is more important than patience because when trading you can control your patience it can give you a lot of profit, but when trading you can't be patient and easily influenced by the conditions of the exchange it will only get you stuck in high prices and of course will lose.
full member
Activity: 463
Merit: 100
August 21, 2021, 07:05:51 PM
The targets we set also need a basic analysis. Not only that, it is also important to monitor the condition of the price that we have targeted. So for me, choosing a long-term target would be better, of course, on a good coin too. So we don't spend much time.
Nicely said! Well it's not just about picking a coin to hold, the main question should be how good is the coin, pick a coin which is strong enough and got good volume and volatility because the volatile market is what gives traders more profit, after selecting a good coin then we need to have a broad knowledge of technical analysis so as to identify when the market will be signifying a pump, also checking up on news about crypto is a good one as well.
full member
Activity: 1190
Merit: 100
August 21, 2021, 07:04:14 PM
Patience is an important factor in trading, you have enough funds but you do not have patience, you will not go trading because in this case the amount of loss will be more than your profit.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
August 22, 2021, 06:19:06 PM
I think before we are patient we must be really accurate and strong in analyzing what coins we have. because so that when we really wait we can see how the condition of the coin and also our patience gives a big profit.
If we invested in the wrong project, patience can not help us, as you mentioned we should be aware of our decisions, we have to spend the most time looking for any project for investing in. To make hard research is everything and the key to success in this world. Without making research we will lose our money soon or later. No exaggeration to say that analyzing and making hard research are the only ways of getting money from your own investments, patience is only 30-40% of this work.
member
Activity: 372
Merit: 11
elysian.finance
August 21, 2021, 05:41:30 PM
Just like Warren Buffet said "Get rich is easy, but people do not want to do it slow". Every investment (crypto, stocks, real estates) needs time to grow and increase in value. Therefore investors need to exercise a lot patience when investing. That's why you should only invest with money you do not need urgently (spare cash).
full member
Activity: 798
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
August 21, 2021, 03:14:13 PM
If we want to make profit in crypto currency then first requirement would be having the patience. I consider patience is the sound less weapon for the traders or investors to get success.

yes, besides being patient, the most important thing is never to be greedy, because greedy is a negative human trait, so we have to determine the target for the profit we want with reasonable percentages and possibilities, then when the price of cryptocurrency that we invested has reached the target, so I recommend you to sell it immediately and don't replace your target with a new target, because when the price go down, then you will definitely regret it and if indeed the price continues to increase when you already sell it, then let it go because the most important thing is that you have made a profit according to your target.
full member
Activity: 286
Merit: 100
August 22, 2021, 05:53:21 PM
There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.


We are all coming from different positions. It is not always fair to say that someone didn't have the patience and could have made bigger profits. That somehow implies that others are right all the time. I believe on average most of the people are equally often right or wrong, whereas wrong isn't really that wrong if you made some profit but you could have made a little more profit. The better way to think about it is just to be ok with what you got sometimes.
hero member
Activity: 3038
Merit: 647
Live with peace and enjoy life!
August 22, 2021, 05:13:36 PM
I really agree that Patience is very important in investing in crypto, because it really determines success in trading, all coins in crypto are volatile, so the price is very uncertain, if we are in a hurry to make decisions, then we will regret it later.
The crypto market is full of uncertainties so we need to be more definite in our decision making and the moment we start investing, then make sure to invest only on the amount we can afford to lose. Whether the market will crash in the next days, then there's nothing to worry because we still have fiat left ready to backed up.

I think every investment is not risk free so we need to be more patient and flexible on the outcome of our investments. As long as we know the basics in crypto, buy the dip and sell when the price is at peak, then we will never be in a huge loss. I think it's more of being patient enough and being not greedy to all our investments particularly in times of buying and selling our coins will make us more profitable. I believe success only comes those who patiently wait.
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
August 22, 2021, 03:22:19 PM
#99
Patience is the key of success. If you don't have patience then any share market is not for you specially Cryptocurrency market because crypto market is very volatile  you can see your share in very dump position where patience will work for you. Sometimes in future we able to book your profit. In 2017 when almost all coins gives 100x something only people who have patience has earned big money.
That's right but we are far from 2017 now. At those times there were only limited coins in the market and each of them with a real purpose and meaning. Nowadays almost 90% of the coins are just made to scam investors and run away.

Yes crypto also name a patience because we don't wait when we see we're in loss sell our coin this is the main reason so if want to successfull in trading we need to start patience and wait until any signal don't hit our target.
But, the goals we set with each coin must be realistic because like I said above, we are far from 2017 and cannot be expecting 100x growth for all of them. I would rather invest in 50 coins and earn 2x with each instead of banking on a single coin for 100x.
legendary
Activity: 2338
Merit: 1124
August 22, 2021, 12:43:53 PM
#98
Patience is an important factor in trading, you have enough funds but you do not have patience, you will not go trading because in this case the amount of loss will be more than your profit.
Yeah, patience is important but only if you are confident enough that you haven't invested money into shitcoins. If someone invests money into shitcoins and has infinite patience, I can see things ending brutally for them. Imagine holding dogecoins for years from now, it will surely go down because the hype cannot keep it on top for a lifetime.

If you have confidence in the project and developers to continue working hard and at least achieve what was mentioned in the roadmap, then surely you can sit back and have patience.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
August 22, 2021, 12:28:26 PM
#97
Hasty traders or investors most of the time lose money in order to earn quick money. There are many things to keep in mind while holding or trading even patience plays a primary role to earn profit even the set target of any trade should be logical it is not like that I will close only when it hits 100x so market analysis is also important. Yes, I agree good potential coins takes time to grow it won't move like pump and dump coins so potential coins take time to grow and one should learn patience importantly.
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