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Topic: Patience is the most important thing - page 25. (Read 74399 times)

legendary
Activity: 3122
Merit: 1398
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September 06, 2018, 12:27:25 PM
#96
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.

Patient is the most important thing "only if" a person is really sure that their patience will be pays off soon and worth to spend time even how risky it is.

What I mean here?

No doubt that most of the crypto people today holds lots of altcoins which they bought either on cheap price or while the price is pushing up. Patiently holding those coins for a long period of time that sometimes majority of those hold coins turned now into shit. But since they want to recover from losses. they will patiently wait for it to grow again. In here we can see that they really applied patience but now only relying on luck. While applying patience, make sure that our hold coins really have a strong basis why we should hold it in the first place and not just rely on luck that someday it will gained a decent price increase.
full member
Activity: 334
Merit: 100
September 06, 2018, 12:20:02 PM
#95
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.
If you want to become a successful cryptotrader, then all you need is patience. If you are impatient, then definitely you will loose everything in crypto. Never cry about thinking your past that you lost some opportunity, take it as your strength and make certain strategies so as to grab future opportunities.
Always remain calm, and think positively.
hero member
Activity: 1190
Merit: 534
September 06, 2018, 12:15:20 PM
#94
It doesn't make any sense to exit the current open trade position for the sake of earning profit from any other possible trade opportunity. Patience is definitely required in trading and investing, especially when it comes to the short-term trades. I have lost multiple times just because I took the decision based on others opinion without doing my own research since I didn't have any strategy for my current trades, I used to shift from one position to another position without any proper direction that resulted in a loss for me in the past.
newbie
Activity: 28
Merit: 0
September 06, 2018, 11:24:27 AM
#93
This is one of the best advice I have seen so far. especially in terms of investing in cryptocurrency. Patience is undoubtedly a key when investing
jr. member
Activity: 313
Merit: 1
September 06, 2018, 10:02:23 AM
#92
In this world of volatility we should have enough patience because market will not always green and become stable. In investing in digital currency Patience is very important ingredients You can't earn bigger profit if you have patience. Like the market situation now...you should have a lot of patience to wait the market increase or else you will lose everything that you invested .
full member
Activity: 1190
Merit: 123
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September 06, 2018, 10:00:00 AM
#91
Talking about patience.... I've been patiently waiting for my ever declining portfolio to make a U-turn and It  doesn't seem to be happening anytime. Sometimes I just feel like I should have short when I had the chance rather than hodling through the bear market. Its only a matter of time until everyone gets tired of waiting and goes on an all sales spree. It'll be a whole better if we can see the light at the end of the tunnel. But crypto is unpredictable.
sr. member
Activity: 672
Merit: 271
September 06, 2018, 09:51:00 AM
#90
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. I completely agree with you on this. The investors should realize this and stay away from the market if they are naturally impatient. Accept that crypt market is not for you. The cryptocurrency market is highly volatile. There would be several ups and downs. So there’s no point of panicking whenever the market falls. Have some patience, if you invested in some good coin, it will surely rise.
legendary
Activity: 1414
Merit: 1001
September 06, 2018, 07:01:11 AM
#89
yes I agree, to be able to get profit in crypto currency trading then you must be able to control your emotions and patience because if you are patient then you will have the opportunity to be able to get profit and avoid losses
That's right what you say, because playing in the crypto world that should be prioritized has a great sense of patience and can control emotions when the price of coins falls. because with you can control both of these properties then you can get big profits and avoid losses too
Without patience, we are better off retreating from the world of cryptocurrencies. This is because when we decide to be able to invest in the crypto world, we must be prepared to face all the conditions. Without patience, we cannot possibly seize the opportunity to gain profit. Without patience, we must be prepared to accept losses and of course that is something we don't want.
legendary
Activity: 1288
Merit: 1036
September 06, 2018, 06:43:57 AM
#88
Patience in most humans is not easy to control you? I could remember some guys that nearly got burnt due to impatience. Market is not really easy and where by in the case you are using little capital in trading that's where it will get wores.
If you are a trader you need a patience because this is very important to us . patience and think positive that you can get a lot of profits .
As far as I am concerned, patience should not be the main concern when it comes to market but knowledge and experience is what is the most important. When you have these ones that I have mentioned, you will certainly know not to be joining FOMO once you have missed a market that is already moving up and also know when you should even be stopping loss in a market instead of being patient to keep holding and losing more when experience should tell you the market is going to move lower based on your strategy.
full member
Activity: 461
Merit: 101
September 06, 2018, 06:16:50 AM
#87
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.
What is even mostly important in the crypto environment is to be fully equipped with knowledge to help inform your decisions. A lot of people do not have this, and without that, there is absolutely no way you can even get to be patient enough to take advantage of the long term prospect of the market but would rather be focused on the short term and panic for no reason.

For every trade, it is always important to know what you are doing and have a strategy which if not playing out, there should be no form of emotion, but you should know exactly what to do at every point in time.
Yes it's true and I truly believe that your knowledge about the crypto business is the main thing taht could bring you to the success that you are aiming for. And also, I would like to highlight the importance also of getting a lot of experiences that could be your source of information on how you could survive the another level of trading of yours.
jr. member
Activity: 78
Merit: 1
September 06, 2018, 06:08:25 AM
#86
For me patience is the key of all success. Impatient people always fail to achieve their goal. So if you want to get any success on your life then you need to patient.
jr. member
Activity: 422
Merit: 9
September 06, 2018, 05:49:24 AM
#85
Definitely patience is most important thing for our success. To achieve anything, you have to be patient. For example, if we buy a coin and see if the price has dropped a lot, then sell it impatiently and then see that the price has increased and then we fell really very bad. So patience is a very important thing.
newbie
Activity: 175
Merit: 0
September 06, 2018, 05:27:38 AM
#84
Good say patience is important thing in many way if I lose my patience I never reach my goal. So everyone try to control it
full member
Activity: 310
Merit: 100
September 06, 2018, 05:21:55 AM
#83
This is a mistake that most investors start engaging. The hot growth of the market, the price of Bitcoin every day a high news is the main motive for new investors to participate in this market. Without any information or knowledge, new investors rush into psychology if they do not go to the opportunity to pass right away, they buy Bitcoin immediately in the psychology it has grown over the years. The more you buy late, the slower. So they usually do not buy at one point, the best price. When the fever is on the rise, this may be true in the short term, but as it ebbs away the investor will gradually realize there is no need to break so, there is always a chance for you. Real Estate, Securities, Gold, etc. Bitcoin itself is the answer to never fear losing a chance. Be patient waiting for a price you think is good, or at least according to technical and market signals. Do not buy at the price when you breakeven, others are up to 50%.
sr. member
Activity: 994
Merit: 251
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September 06, 2018, 05:02:35 AM
#82
yes I agree, to be able to get profit in crypto currency trading then you must be able to control your emotions and patience because if you are patient then you will have the opportunity to be able to get profit and avoid losses
That's right what you say, because playing in the crypto world that should be prioritized has a great sense of patience and can control emotions when the price of coins falls. because with you can control both of these properties then you can get big profits and avoid losses too
hero member
Activity: 1022
Merit: 511
September 06, 2018, 04:52:35 AM
#81
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.
What is even mostly important in the crypto environment is to be fully equipped with knowledge to help inform your decisions. A lot of people do not have this, and without that, there is absolutely no way you can even get to be patient enough to take advantage of the long term prospect of the market but would rather be focused on the short term and panic for no reason.

For every trade, it is always important to know what you are doing and have a strategy which if not playing out, there should be no form of emotion, but you should know exactly what to do at every point in time.
newbie
Activity: 116
Merit: 0
September 06, 2018, 04:27:16 AM
#80
Im agree with you that patience is the most important thing, especially here in cryptocurrencies. The market has its ups and downs price you need to be more patience to have a good profit.
full member
Activity: 630
Merit: 100
September 06, 2018, 04:22:55 AM
#79
In addition,  If you trading profitably  you will still have to wait to maximise your  gain as you trade progess.  Been patient and calm put you in a position where time to profit is well utilised!
full member
Activity: 602
Merit: 101
September 06, 2018, 02:30:04 AM
#78
yes I agree, to be able to get profit in crypto currency trading then you must be able to control your emotions and patience because if you are patient then you will have the opportunity to be able to get profit and avoid losses
hero member
Activity: 850
Merit: 504
September 06, 2018, 12:43:50 AM
#77
yes that is true, to be able to succeed in crypto, patience is the most important thing, patiently we can become more calm and think positively because there are still many opportunities to get profit

Patient is really important, especially now that the market dip further. We have nothing to do but wait  for the market to recover and this is a long wait in my opinion or will take even upto next year. Patients also really give a good returns and time is of an ally here in this times that full of uncertainty. Cryptocurrency is here to stay, its a fact and we just have a little time for it to recover.
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