Truly indeed. Patience is one of the foundation for having a successful trading journey because you will have a lot of time for decision making and you can maximize your calmness to create great ideas for future. Trading is a game of patience, the more you are patience and calm the more you will earn along the way.
Patience matters because when you enter the market you will see, actually how time changes, we know crypto currency will rise and fall in price so we can buy at low and hold with patience so later on we will be able to sell it at high price, so not only in trading or investing but for me patience is key of every good business. 
Topic: Patience is the main key of success on trading platform. - page 4. (Read 1632 times)
I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.
i definitely agree to you pal, patience is the key towards a successful trade
but i can tell patience, it is one of the most difficult skills to learn as an investor and trader.
Agrees that patience is the main key to success of crypto trading but it doesn't alone get us to be rich unless it is very long term investment.Patience can save us from panic selling which is the main thing most of the newbie traders were losing more than they were supposed to be.
When we want to be successful we need to practice trading with patience and some target profit to achieve or we are just going to trade too often and risk our capital more.
When we want to be successful we need to practice trading with patience and some target profit to achieve or we are just going to trade too often and risk our capital more.
I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.
In fact, everything is not as simple as it seems. You can not select only one quality or one truth that will make of you a successful trader. Being a successful trader is a permanent work on yourself: mastering new useful knowledge, working on the psychological aspects of your personality, practice and much more. Only the totality of this will bring you success. And if you just wait patiently, then for a longer period of time your result will be bad. Patience is appropriate only in the situation when you set a goal and patiently wait for the position to be sold at the intended price (only if there are no unexpected shocks on the market, otherwise you need to quickly make a decision about a possible change of plan).
Truly indeed. Patience is one of the foundation for having a successful trading journey because you will have a lot of time for decision making and you can maximize your calmness to create great ideas for future. Trading is a game of patience, the more you are patience and calm the more you will earn along the way.
Yup Patience surely is one of the main factors of success on trading platforms but it is not the only single requirement. If you want to be a true trader you should know how to practice, (like there is a difference between shooting arrows in the air and shooting arrows on a target). if you follow some of these steps then you will become a successful trader and also a good member of the crypto community.
- (Only Smart) Practise Makes You Perfect - let go of failures and accept the good choice
- Always Research before Investing
- Keep Moving Forward - Don't stick with your previous mistakes or try to recover them
- Learn to adapt to changes quickly / adapt to multiple situations
- Be happy in all situations
- Keep your intentions clear
- Set a specific target/goal instead of blindly trading
- Attitude/(change of view) helps you build your skills
- Focus on your strengths or sometimes even on your mistakes
- Believe on your skills
- Never give up
- Dont waste your time - use tools or apis
Patience with desired goal to reach will make more ease because we never know how long the price will increase or decrease so we can decide when we have to sell and the be happy when you reach the goal ,main thing you need to do is control your greed while trading.
patience can extinguish your greed and your emotions, right what people say that patience is very important in trade and investment, everyone must have a target and if they want to reach that target they must be patient whatever happens
See when you are into trading we shouldn't panic about the market situations because the market situation cannot be same always, so it is good to wait and hold the coin as long possible until your desired target is achieved.
A matured person would not panic, if he had experience already, he knows that it's just a normal movement of the market here. Panic will cause loses after loses, you need to control your emotion and stay with your game plan in trading, you need to already anticipate different market situation and has to make strategies on that.
See when you are into trading we shouldn't panic about the market situations because the market situation cannot be same always, so it is good to wait and hold the coin as long possible until your desired target is achieved.
A matured person would not panic, if he had experience already, he knows that it's just a normal movement of the market here. Panic will cause loses after loses, you need to control your emotion and stay with your game plan in trading, you need to already anticipate different market situation and has to make strategies on that.
It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.
In 2017 most of the people who hold or invested on bitcoin, they got reward and the newbie is still on waiting line, they are very patienter people. But the time will come very soon when the new traders will get reward from bitcoin. I am 100% agree on it patience is the main key of trading if we wanna get success.
Holding for long term investment is not bad as long as you bought at dip and make sure the coin you buy have potential too. I'm also more on Fundamentals ,once I see the potential of their project, I'm just gonna buy and hold. Maybe for 3 to 4 years. Sounds very challenging to me.
That is the gist of how you make money by holding the coins you own. Dip is very important from that point of view. The wise people say that you cannot make money if you do not make a margin for profit during your initial investment. And when you invest in dip, you are more likely to make more money than others upon the onset of the crypto bull run. This is a proven fact. It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.
If you have Patience in yourself, then you are really lucky as patience is most required in bitcoin trading. Most of the time , our portfolio goes down and we have to wait few weeks or in some cases months, for the coins to recover. If you do not show patience , you will only end up selling the coins in the loss.
See when you are into trading we shouldn't panic about the market situations because the market situation cannot be same always, so it is good to wait and hold the coin as long possible until your desired target is achieved.
I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.
There is no problem with having only 20% profit from your investment. You just did what you have understand about your investment and nothing is wrong about your decision.
Patience with desired goal to reach will make more ease because we never know how long the price will increase or decrease so we can decide when we have to sell and the be happy when you reach the goal ,main thing you need to do is control your greed while trading.
I think patience alone will not make us trade successfully but we should also have a good and proper analytical thinking in trading which will aide us to be profitable. If we can see good chances to trade then we can start selling our coins with our desired price. As long as we make profits even it's not that big then it's still fine because we still gained profits. It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.
In 2017 most of the people who hold or invested on bitcoin, they got reward and the newbie is still on waiting line, they are very patienter people. But the time will come very soon when the new traders will get reward from bitcoin. I am 100% agree on it patience is the main key of trading if we wanna get success.
Patience with desired goal to reach will make more ease because we never know how long the price will increase or decrease so we can decide when we have to sell and the be happy when you reach the goal ,main thing you need to do is control your greed while trading.
It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.
In 2017 most of the people who hold or invested on bitcoin, they got reward and the newbie is still on waiting line, they are very patienter people. But the time will come very soon when the new traders will get reward from bitcoin. I am 100% agree on it patience is the main key of trading if we wanna get success.
It seems to me that all those who remained in the cryptocurrency market and did not sell all their assets are very patient people. After all, the fall has been going on for more than a year. I am glad that usually patient people receive a reward.
Patience is the key of success in trading platform but I don't think that it’s the main key of success. We also need to learn about trading strategy and need to learn risk management. Then we will become a successful trader.
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