Yes I agree on this one, In my experience I entered a trade
and the price change was hectic, so I panicked and sold.
Topic: Patience is the most important thing - page 26. (Read 74399 times)
I strongly agree to this one. Patience is the thing that you can manifest in order for you to gain more. Being patient in every way in trading makes you gain many money. If you hodl your way, then that's when patience will get in.
Manifesting patience to gain more can come in different ways and the only way patience can be applicable most of the time, is to follow put with what the OP stated, in terms of trying to make profit from the market and never join FOMO but instead just wait for another opportunity.What is very important now is to accept the fact that you cannot make everything in the market at the same time. Also, patience in the idea of not stopping loss is the worst thing anything sensible trader will ever have to do. Know your strategies, follow it through and be patient enough to wait for the market to develop in any case and make quick decisions without being emotional
In this century, and with the technological development, everything is facilitated which resulted in human impatience. People are no longer patient to go to the store without using means of transport. They will get bored if they stand in a queue. If people learn to appreciate patience, then we will have a good world with good people. Patience is really required when it comes to trading. But there is always hope like you mentioned above, and that hope will come only with patience.
Surely, nowadays there have so much digital money, sometimes every hour is a new possibility for make profit. It's not just focusing on one. You should always be aware of the innovations.
Not all innovations are created equal
if you invested in wrong sh*tty ICO's, you may get scammed and lose your hard earn money
The word Patience should be treated as strategic intent to suppress feelings like FOMO in the world of trading and must be separated in the word HODL
Surely, nowadays there have so much digital money, sometimes every hour is a new possibility for make profit. It's not just focusing on one. You should always be aware of the innovations.
Not all innovations are created equal
if you invested in wrong sh*tty ICO's, you may get scammed and lose your hard earn money
The word Patience should be treated as strategic intent to suppress feelings like FOMO in the world of trading and must be separated in the word HODL
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.
Go trading patience is more important to trader . wait patiently until you reach your target price .how long it is just wait for the price pump .
Surely, nowadays there have so much digital money, sometimes every hour is a new possibility for make profit. It's not just focusing on one. You should always be aware of the innovations.
The Perfect definition to earn to in crypto, never ever say oh! i missed that creepy pump. i made same mistake twice and got myself in big trouble. after that i made a mind that i will never buy any Bull trend. i always invest when market is downtrend.,
Unfortunately, this is one thing a lot of newbie traders do when it comes to cryptocurrency trading since they hopped into it without any trading knowledge whatsoever. This is what gives room to a lot of emotional trading, and not being able to know what to do at certain point in time. For those who are able to learn, they simply will know when to be entering a market, exiting a market by either stopping or picking profit. Anyone who trades without a strategy is apparently gambling and such a person no matter what can never be patient.
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
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.
Good advice. Newbies tend to become a victim of those FOMO, and they ended up losing money. Its good that you have patience in this market because always remember that no matter how good that coin, it will still correct and the price will dump soon. If you miss the train, look for another train. This market is consist of many opportunities, just look around you and you will get one of those good coins. I agree. Patience is really key in prosper and surviving in the cryptocurrency market. It's not easy though to be patient, especially if you are seeing the market crumbling down before your feet. However, if you are a true believer and follower of the market and have seen its movements, then you can at least have the hope that it can recover from where it is not, and one key element to be able to withstand those negative happenings is to be patient. It would help lessen the already high risk market because you won't be moving without thinking or preparing.
The Perfect definition to earn to in crypto, never ever say oh! i missed that creepy pump. i made same mistake twice and got myself in big trouble. after that i made a mind that i will never buy any Bull trend. i always invest when market is downtrend.,
Well, I think that downtrends and bad news are always around the cryptocurrency market these days, therefore, it would be best to really have a great amount of patience in order to make sure that your investments or holdings would gain something good in return, rather than just giving up on it only to regret it later, especially if it turns out to be a good investment. In this market, a true believer and a serious investor should always have patience because it's easy to give in to what is happening all over the market; however, if one would be objective and see things with a good plan, then it can help at least mitigate those negative things that might happen and still find success in it.
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.
But ofcourse if we have patience we must have a guts also to fulfill all the necessities to gain in cryptocurrency,yes theres always available trade but remember our capital is losing too
absolutely right, especially in the crypto world that is needed is the most important and don't panic if the market falls because if you don't have the patience and panic, it can make you lose and not get profit. because if you want to get the profit you want, you have to wait patiently for the price of the coin that you hold to rise to be expensive
Nope,you must be alert and knowledgeable about the coins in your position since the cryptocurrency is volatile and fluctuating anytime
Patience has always mattered immensely when applied to the cryptocurrency market. Its what makes some people rich over time because they don't panic and hold.
absolutely right, especially in the crypto world that is needed is the most important and don't panic if the market falls because if you don't have the patience and panic, it can make you lose and not get profit. because if you want to get the profit you want, you have to wait patiently for the price of the coin that you hold to rise to be expensive
Although I agree with you, I don't think all the coins are worth waiting for, because many tokens have no use value! I prefer to use patience on the coins I know!
In this market, there are many people who are fear of missing out (FOMO).
coinmarketcap has more than 1500 altcoins, but there are people that whenever one of these more than 1500 altcoins has some good news they invest on time and get profits. I believe that people come into these groups of telegram, facebook and twitter to get news first. By this I mean that in the crypto world it is very important to have the news first hand. you should focus on getting the news first.
You always be patient.
I would say that you have to be very careful, for example:
in January the price of ETH was $1300.
Today the ETH price is $285.
It may take years for ETH to reach $ 1300 again. By this I mean that it is very good to be patient, but we must be alert and if we realize that something is not good, then sell is the best choice.
This is an important aspect of trade that I have to learn the hard way, but I keep falling the victim from time to time, the truth is that our emotions sometimes come into play during taking some trade decisions, it is painful when you couldn't enter a trade on time and seeing the coin mooning and decides to retrace, you will find out that at the point of retracement it may just keep dropping further. A lot of emotional intelligence is required here
I don't think patiently will bring someone always get profit. Patient that you mean is when you lose money and just patiently do not evaluate your mistakes before. I guess patience is not recommended when you do trading, all you have to do is focus on the price prediction and see the movement of the previous chart. And I think patiently specifically for people who choose investment, when they lose the money they need is patiently waiting for market recover and do not make a decision to sell when in losses.
Patience is always key here because by market fluctuation if you place an order don't worry and wait until execute. But most of us do one common thing suddenly once the price starts increasing we will cancel the old order and start keeping at a higher value, in this case, we are going to lose patience. Once if you place an order wait for until it is executed.
Patience in cryptocurrency trading can not be overemphasize, it take patience for you to hold to a point where the coin you are holding become nature and growth is creating value for your coin in the cryptocurrency market and in the real world, this is when you make maximum profit from your investment!
I would say that it is all about the right time you invest and the right time you cash out again. One has to be patient in the crypto business to avoid loss because a loss does no good. Besides, being patient keeps you away from making panic decision which has always led to loss. Let the game be a slow one if it ensures output in the end. A long term investment gives away a life time return as well. So yes it is very important to be patient. Jump to: