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Topic: Patience is the most important thing (Read 74375 times)

sr. member
Activity: 994
Merit: 256
September 23, 2019, 03:05:01 PM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.
Indeed. You can't really grab every opportunity in crypto since we aren't robots that's why we have to go for a perfect timing in a way that we put effort in planning and doing it. Trading is a business; you need to do your best otherwise you won't benefit to the market but rather you'll end up losing instead.
One of my teacher told me that when you do something try to do this perfectly, you will have to plan for things so that when market changes you will be able to make money. Once you invest your money then never think about selling it until price reaches the goal. You will have to wait so that your investment could rise. Don’t be emotional to sell for panic, wait is best solution to increase your patience.
hero member
Activity: 1540
Merit: 508
September 23, 2019, 09:25:04 AM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.
patience is very important, patience is the way to get rich,
people who are not patient (CUT LOSS) will only give their money to the patient (HOLD)
every trader is highly recommended to have another business,
don't make trading as your main income, especially in cryptocurrency trading,
because you will only sell your assets when the red market or when you need money.
Patience is not the way to get rich but it contributes an important part in the success of trading, sometimes we just need to maintain a little more patience, success will come but unfortunately, a lot of people skip this last step, impatience makes us stop in loss and regret in the near future. So patience allows us to enter into safe periods and have many opportunities to succeed in the market, be reminded and practice patience every day when we are investors and traders but first, use our knowledge to predict, not to be blinded with patience, sometimes patience can be the way to hell
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
September 23, 2019, 09:04:17 AM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.
Indeed. You can't really grab every opportunity in crypto since we aren't robots that's why we have to go for a perfect timing in a way that we put effort in planning and doing it. Trading is a business; you need to do your best otherwise you won't benefit to the market but rather you'll end up losing instead.
full member
Activity: 448
Merit: 100
September 23, 2019, 02:53:03 AM
But it is only good for a 6 months or a year because there are instances that the altcoins of our project are not dedicated anymore to continue the development of the project after their good marketing when they are still on the ICO period. I would advised to invest smarter that be patient because the trend crypto can change fast and investors sometime don't accept that fact and just get emotional attached to their token and still thinking it can recover back to $1 from getting dump to 1-2 cents.
full member
Activity: 952
Merit: 104
September 22, 2019, 05:26:05 PM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.



Trading is need of full of patient and control emotions to avoid loses because sotime we need to hold our coin or token if their price drops in lower value and because of patient we can wait to the right time of recovery, in trading their was a trap difficult to predict when the coins are going uprise even came from the news trend coin possible to increase any moment but suddenly their price goes drops.
full member
Activity: 994
Merit: 101
September 22, 2019, 02:06:52 PM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

There is no doubt that till you got some experience. In my opinion experience is the most important thing in crypto trade. After that you can say about patience. And about talking to patience, it's too much hard to controls human emotion. Mostly newbies have no patience because they have no idea what are they doing in a busy and sensitive market like crypto currency trading. So if you think to control your emotion then learn how trades are work.
full member
Activity: 868
Merit: 104
September 22, 2019, 06:49:38 AM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

The main problem with the traders and particularly day traders, they are not patient to find the right setup. Every trader should know market is is always there and opportunities will keep on coming. If the trade is triggered at the right time, it has higher chances of profit. Even exiting trades needs lots of patience. Some time people get panic if trade goes negative and close it in loss and the other day the same coins starts increasing crosses the buying price. If a trade is taken with planning and it is monitored with patience then it has higher chances of giving profit.
full member
Activity: 602
Merit: 100
September 22, 2019, 04:52:21 AM
Your take is correct, but patience is a moral excellence which is not found in most traders. Patience is most required in HODLing and not in trading, as the primary interest of traders is in getting quick profit even in dangerous situations. What make trading interesting is the movement of the market, though traders should risk all to get crumbs
sr. member
Activity: 2338
Merit: 365
September 21, 2019, 06:53:23 PM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.
patience is very important, patience is the way to get rich,
people who are not patient (CUT LOSS) will only give their money to the patient (HOLD)
every trader is highly recommended to have another business,
don't make trading as your main income, especially in cryptocurrency trading,
because you will only sell your assets when the red market or when you need money.
member
Activity: 224
Merit: 10
September 21, 2019, 02:40:47 PM
Quote from: asdnguyenthanhtin coin,
 link=topic=4999678.msg45113880#msg45113880 date=1535948495
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do Not worry - there's ALWAYS another trade.
  Sometimes it's good to FOMO on some coins,  I could  remember during matic pump,  it has done 50%, I saw some news on a telegram channel to FOMO buying it,  the risk yielded a decent return because matic did more than x3 back then,  majorly if you wanna FOMO do some research before joining the train so as not to get dumped on
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
September 21, 2019, 01:28:16 PM
Missing some trade is not end and yes because they have another opportunity to open . Patience is really important in trading because sometimes the market are not pumping and most of the time dumping but once the pumping happen the trader will be rewarded becaus eof their patient which is the profit. Because I believe too if a trader have patient they can able to learn more in they learning experience.
With patience, of course, will have many lessons to be gained and again with patience, traders will have good self-control too. So it is right, patience is the most important thing besides experience and skills, when everything can be applied well then the trader will have the opportunity to get a better profit, because trading can not only expect a factor of luck.
member
Activity: 490
Merit: 10
September 21, 2019, 12:30:43 PM
Totally agree, your impatience can lead to loss or no interest and that's bad. For cryptocurrencies, the element of patience is important, patience helps you avoid making panic decisions leading to loss. If you miss the opportunity this time, remember there are still other opportunities behind, watch the market, analyze them and wait for a good time.

I believe that to be successful in trading and for a better future, it is necessary patience, patience is the important thing in life and is the key to success in every transaction.
sr. member
Activity: 1610
Merit: 372
September 21, 2019, 10:36:22 AM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

I agree. If you study the market over the past 5 years or more, you can easily trace the dynamics of emerging and fading opportunities.
Those who try to "get on the last car" often lose out, unfortunately. But fortunately, the crypto market always provides new opportunities.
hero member
Activity: 1274
Merit: 513
September 20, 2019, 11:06:59 PM
Missing some trade is not end and yes because they have another opportunity to open . Patience is really important in trading because sometimes the market are not pumping and most of the time dumping but once the pumping happen the trader will be rewarded becaus eof their patient which is the profit. Because I believe too if a trader have patient they can able to learn more in they learning experience.
full member
Activity: 674
Merit: 101
I am hired and not own by any Team!
September 20, 2019, 05:09:08 PM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

Yes patience is the most important thing in life to meet your dreams as a succesor.lf you want to reach your goal you have to be patiently wait for the right time to have it. In trading we need to be patiently monitor the price going up and down so that we can have profit in every trade.
jr. member
Activity: 126
Merit: 1
September 20, 2019, 04:49:15 AM
Patience does not exist in the crypto world
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
September 19, 2019, 07:24:17 PM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

Indeed it is so.
I've always told that you need to catch your trades
All trades is not a target
Have your schedule and strategy. Do not overtrade
Wait for the best trades (usually big movements and high volatility)
Well, a trade should never be a target. It can be a target, and for this to get completed it takes time. This is where patience play its role, because when we keep a target and move the volatility will make big changes in the market. Looking over the same users easily gets into panic of losing and executes the trade for market move at the moment. The very next day there might be big growth, so without target moving along with market is good. When we stick to target patience and the mind to accept profit long term is required.
member
Activity: 434
Merit: 34
September 01, 2019, 10:56:52 AM
In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

Indeed it is so.
I've always told that you need to catch your trades
All trades is not a target
Have your schedule and strategy. Do not overtrade
Wait for the best trades (usually big movements and high volatility)
newbie
Activity: 56
Merit: 0
August 08, 2019, 06:19:17 AM
Patience only is not enough, we should be also have management of risk and money, trading plan and dont be greedy. If we possible to handle that natural emotional we will possible to get financial freedom from trading activity. Trading is risky so we should have knowledge about it all.

That's correct, being patience as your only strategy, that would not make you a successful investor.
You need to be smart, and being smart means considering a lot of factors that could affect the current and the future market status.

In order to be a successful trader you have to be able to combine all these factors. Patience it's not the main thing, but it's your weapon. But also you should rely on your calculations and intuition.Also if you want to read qualitative trading analyzes i 'd recommend you to follow Monfex on Trading View .They've never felt since i follow them
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
June 16, 2019, 09:38:17 PM
Patience only is not enough, we should be also have management of risk and money, trading plan and dont be greedy. If we possible to handle that natural emotional we will possible to get financial freedom from trading activity. Trading is risky so we should have knowledge about it all.

That's correct, being patience as your only strategy, that would not make you a successful investor.
You need to be smart, and being smart means considering a lot of factors that could affect the current and the future market status.
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