Patience is important - page 3. | Bitcointalksearch.org

luca prieto

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Quote from: Helen-cty on August 20, 2021, 04:42:18 AM

Patience is a skill. Prices are unpredictable in the market. Once emotions arise, it is easy to lead to wrong decisions.
We should keep calm in the market, observe the changes in the market, and make a profit in the market. The more we have to be calm about the changes in the market, successful traders will calmly observe every change in the market in order to make appropriate choices.

Emotions do play an important role in trading and investing.

Helen-cty

jr. member

Activity: 34

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Patience is a skill. Prices are unpredictable in the market. Once emotions arise, it is easy to lead to wrong decisions.
We should keep calm in the market, observe the changes in the market, and make a profit in the market. The more we have to be calm about the changes in the market, successful traders will calmly observe every change in the market in order to make appropriate choices.

BigBos

sr. member

Activity: 1974

Merit: 450

In fact, apart from being patient and selective in choosing coins, there are currently two more things that people lack. that is faith and trust. If I notice, quite a lot of people are patient at this time and selective in choosing coins. it's just that when coin prices drop, or FUD pops up, they sometimes sell their coins. well, I'm pretty sure because they don't believe in the coins they hold. As a result, some people complain of selling too fast because they feel the coin has already hit its high price this has happened to me, and I think it has happened to some people too.

luca prieto

copper member

Activity: 86

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Quote from: irsada on August 20, 2021, 02:25:30 AM

I completely agree with your statement, there have been many altcoins which were not very booming at the beginning but over time they showed great performance that made early investors get big profits, not all short ones are good, sometimes we do have to get a test first to get big profits.

yeah,sometimes we do have to get a test first to get big profits.
but sometimes some new altcoin is scam,we need DYOR and analyse the market.don't just waiting.be wise.

luca prieto

copper member

Activity: 86

Merit: 1

Quote from: Cling18 on August 20, 2021, 04:03:28 AM

Our funds aren't the only capital that we'll use in trading but it needs knowledge and patience. We can't question those people who usually sell because of being impatient since we all have different principles and target goals. Some people are contented with their profit because a big or small amount of profit is still a profit. Patience and waiting for the best time to sell is an advantage as holders here in the crypto world.

yeah,anyway,small profit is better than making a loss.we just share some experience and feeling from our own.

Cling18

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Our funds aren't the only capital that we'll use in trading but it needs knowledge and patience. We can't question those people who usually sell because of being impatient since we all have different principles and target goals. Some people are contented with their profit because a big or small amount of profit is still a profit. Patience and waiting for the best time to sell is an advantage as holders here in the crypto world.

luca prieto

copper member

Activity: 86

Merit: 1

Quote from: Oneandpure on August 19, 2021, 12:23:47 PM

Too Patience just make you more loss so is not always Patience is the key for success in cryptocurrency, I still remember with my coin hold for long time and I think patience is will give me winner with coin pump, but after few year hold coin delist from exchange market until scam on my wallet right now, if got chance on the early to sell coin why have waiting for long time and need patience to see coin become scam.

just waiting?NOOOO,waiting wisely.Timing is a key virtue，some people became rich because of their ability to know the right timing of selling.

casperBGD

legendary

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Nil Satis Nisi Optimum

Quote from: DOH! on August 20, 2021, 02:49:13 AM

Lack of restraint and not setting the right goals is the problem many people are struggling with, impatience was my first lesson in investing. I filed a good coin and then when they haven't developed the platform. I try to sell them to reinvest. But the truth is that only 1 day later. That coin went up by 50% again. Lol, this is a prime example in many situations here. Roll Eyes

seems obvious, but what time did you give them to develop a platform?
platform development could take months/years, and if the team is open and sharing their progress/ideas, I do not see a problem to wait a bit for a platform to be developed

do not give it on hype, hype projects are usually not good investment if the hype already started, although there are some exclusions there as well, where hype is enough for a project to rise
it is good to have a plan before investing money

luca prieto

copper member

Activity: 86

Merit: 1

Quote from: DOH! on August 20, 2021, 02:49:13 AM

Lack of restraint and not setting the right goals is the problem many people are struggling with, impatience was my first lesson in investing. I filed a good coin and then when they haven't developed the platform. I try to sell them to reinvest. But the truth is that only 1 day later. That coin went up by 50% again. Lol, this is a prime example in many situations here. Roll Eyes

It should be the timing to invest, hold and sell. We must try to make sure if we have been getting a nice profit and that's the time for us to sell our coin/token.

DOH!

full member

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Lack of restraint and not setting the right goals is the problem many people are struggling with, impatience was my first lesson in investing. I filed a good coin and then when they haven't developed the platform. I try to sell them to reinvest. But the truth is that only 1 day later. That coin went up by 50% again. Lol, this is a prime example in many situations here. Roll Eyes

irsada

full member

Activity: 994

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I completely agree with your statement, there have been many altcoins which were not very booming at the beginning but over time they showed great performance that made early investors get big profits, not all short ones are good, sometimes we do have to get a test first to get big profits.

aylabadia05

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Quote from: dimonstration on August 19, 2021, 06:20:48 AM

Quote from: aylabadia05 on August 19, 2021, 04:42:49 AM

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.

Its good to have target it just normal that sometimes we will lose some opportunities since some coins are only good in short term. I’d been a holder before I starred trading and there were times I regretted not trading before qhen the market is still high in a specific coin. So better be flexible in what coin we have, they miggt be good in long term or in short term only.

If we look at the market situation and developments this year, then I am more confident to trade in the short term on tokens or coins that are relatively new. Holding for the long term in my opinion is suitable for BTC and ETH coins. Even then, when the price is high, then we can make a decision to sell it.
These two coins can also be used as short-term trades. I mean to make it easier for us to set the target that we will install.
How?

onecall123

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Quote from: luca prieto on August 19, 2021, 11:16:37 PM

Quote from: andeluna on August 19, 2021, 08:52:15 PM

Your are right patience is important but sometimes being patiently waiting for nothing is a stupid thing to do. If you have knowledge how to analyze the potential of one coin to invest and HODL it then your being patient will give you profit for what you are investing.

until now i think patience is improtant for me because i joined in one project(https://t.me/emit_protocol),at first,i just got 1 light,after 3months,i got 170light per day.before 1 light is $0.087,now 1 light is $0.090.
that's my reward because of waiting.so when you enter one project,DYORfirstly,then waiting.

You must remain strong and not panic. It's great that you have been rewarded. However, keep in mind this is a market, so people are going to start taking profits, and there will undoubtedly be a pullback. Any market can't be predicted 100% right, but taking a profit is always the right decision. Everything is so different now than it used to be. We'll have to wait and see.

luca prieto

copper member

Activity: 86

Merit: 1

Quote from: ?? on ??

But that's the truth. many people are easily influenced by famous people, that's why many impatience people It has fallen a lot on failure. The financial ruined because of a false dream that they think can earn money easily without thinking and Analyze of the market

market is irrational.maybe they will make some profit by following famous people,but in the end,they will make a loss ,maybe double if they don't analyse market.

RussianEnglishTranslation

jr. member

Activity: 840

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You can make more money staking Ethereum and NEAR than by trying to swing trade against bots and institutional traders. The game is rigged, don't play it.

Kelvinid

sr. member

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win lambo...

Quote from: luca prieto on August 19, 2021, 11:16:37 PM

Quote from: andeluna on August 19, 2021, 08:52:15 PM

Your are right patience is important but sometimes being patiently waiting for nothing is a stupid thing to do. If you have knowledge how to analyze the potential of one coin to invest and HODL it then your being patient will give you profit for what you are investing.

until now i think patience is improtant for me because i joined in one project(https://t.me/emit_protocol),at first,i just got 1 light,after 3months,i got 170light per day.before 1 light is $0.087,now 1 light is $0.090.
that's my reward because of waiting.so when you enter one project,DYORfirstly,then waiting.

It is just a little bit lucky mate. Sometimes just to happen and sometimes we ain't rewarded but just a waste of time. So being isn't an assurance of having a great reward in future unless if you know that particular project will grow. Since we know nothing in the future, we are lucky enough to have like this.

I'd joined the bounty program before, many years of patiently waiting to even have a better price but now, I didn't see anything good. What I'm seeing now is being a $0 market value. Maybe I sell it before if I just only know.

luca prieto

copper member

Activity: 86

Merit: 1

Quote from: andeluna on August 19, 2021, 08:52:15 PM

Your are right patience is important but sometimes being patiently waiting for nothing is a stupid thing to do. If you have knowledge how to analyze the potential of one coin to invest and HODL it then your being patient will give you profit for what you are investing.

until now i think patience is improtant for me because i joined in one project(https://t.me/emit_protocol),at first,i just got 1 light,after 3months,i got 170light per day.before 1 light is $0.087,now 1 light is $0.090.
that's my reward because of waiting.so when you enter one project,DYORfirstly,then waiting.

luca prieto

copper member

Activity: 86

Merit: 1

Quote from: Yaunfitda on August 19, 2021, 08:09:23 AM

Quote from: luca prieto on August 19, 2021, 04:31:25 AM

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.

Maybe we can blame those who teach that crypto market is a 'get rich scheme', that why investors specially newbies tend to not have the patience for the project to grow overtime and decided to sell when they are at a loss. I'm seen it during the last 4 years of myself really involving in cyrpto sphere.

One good example could be BNB or ADA, who suddenly grows so much in the last year or so. If people have this coins and think that it won't grow, then for sure they have regret their decisions if they have sold them prior to it's bull run.

there are so many people regret that they sold BNB prior to its bull run.include my friend.

Kiley33

member

Activity: 168

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Wait patiently for the real perfect trend in the market, and don't make predictive interventions; "Timing is everything", buy at the right time, and sell at the right time.
Trading is not something to do every day. Those who think that they need to trade at any time ignore a condition, that is, trading requires a reason, and it is an objective and appropriate reason.

Psynthax

hero member

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Quote from: ?? on ??

Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices. But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens which have a big market cap.

That's right, it's always having a good trading plan that keep us from being impatience. Many of people will just make trading with token that they randomly pick and regret later because it's performing so bad and therefore it become a bad decision. It's having a good trading plan and long term holding that can give us chance not to make such a bad decision. But in my opinion, big market cap token isn't a guarantee that it will performing really well in the future.

Topic: Patience is important - page 3. (Read 962 times)