There should be patient enough to get benefits from the crypto market. The crypto market is volatile and your patient may turn into profit only if you hold your tokens and sell at the right time. But one should research thoroughly.
You also need to trade in coins, there are options when the price of one promising cryptocurrency asset drops very much in price and you need to use this situation - buy! 
Topic: Trading Teaches Me New Patience And Experience! - page 4. (Read 1902 times)
Indeed, you can gain much experience by trading in cryptocurrency because crypto trading is more difficult than stocks trading.
Patience is required not only for trading, but for investing on cryptocurrency as well.
Without patience, we can be manipulated easily by peoples who wants to manipulate the market price.
Patience is required not only for trading, but for investing on cryptocurrency as well.
Without patience, we can be manipulated easily by peoples who wants to manipulate the market price.
There should be patient enough to get benefits from the crypto market. The crypto market is volatile and your patient may turn into profit only if you hold your tokens and sell at the right time. But one should research thoroughly.
Patience is very important, not only in trading but in all aspects of the market. Some people want to hold their coins but they cannot be enough patient to achieve their goals. Relax, stay cold blooded and wait patiently for money to come in your pockets.
I agree with your point of view, patience is the key to the successful trading, especially on volatile cryptocurrency market. If you want to be a good trader, you should always follow your plan, not giving into emotions.
In the midst of extremely high price movements, patience and discipline are needed if we decide to trade cryptocurrency. With patience and discipline on strategy, we can make a profit
I agree with your point of view, patience is the key to the successful trading, especially on volatile cryptocurrency market. If you want to be a good trader, you should always follow your plan, not giving into emotions.
In the midst of extremely high price movements, patience and discipline are needed if we decide to trade cryptocurrency. With patience and discipline on strategy, we can make a profit
I didn't understand yet why people said that crytpo trading be easy with technical analysis, yeah i know many pro trader will say yeah it works in crytpo market but my opinion as a individual i don't think so, crypto is totally based on manipulation, whales controls the market, so as btc moved the other alts moved too, in my view if you choose any good token from top 50 rank in coinmarketcap.com you never going to loss on your investments, if coin dumped just wait it'll give at least 50% in couple of months, just be patient hold your nerves don't be panic and sell in red, each token in crypto got pump after some days. Patience is the key for crytpo trading.
In trading, we really have to be patient because we have many challenges in price movements that sometimes experience a rapid decline and that makes our self control decrease
The bad side of the crypto trading is that crypto trader should accept the faced challenges that occur from volatility. Rapid decline makes bull traders nervous and they look for the next support line in order to put the next series of the limit buy orders but the revenge feeling doesn't let the emotional crypto traders think about the market situation with an open mind.
Patience is the attitude you need to have when trading and you can also compensate by observing the price of coins to determine when the right time to throw away. if the coins that you trade seem to rise or exceed your initial capital then immediately discard.
yes, patience is the key to success, if you can manage this attitude when trading, I think you will get good results. besides that you also need to be active or always monitor the coins traded so as not to lose the opportunity to throw away..
this is my experience...
as we know Crypto Market is very volatile and very unexpected, more because of its anonymity. Trading is also risk-related, so you succeed as a trader, you have to have an open mind about trading, and you can't do fundamental analysis like you do for forex, because the opportunities are so low that we know when there will be big purchases or sales. However, trading can be very useful if you trade one day and focus on long-term investments too.
when you think the market has reached its lowest point and you can do simple technical analysis and find support or resistance - this will not give you a perfect picture but you can still find the mindset of traders in the past with this tool and speculate.
Balance and make a good plan before making a decision, it's about how patience will play a big role in this market, always doing research on market movements with every coin you will drive, buying at the lowest point and selling when you see good opportunities, always calm when analyzing your assets. and one is not greedy. if you see an opportunity, just throw it away!
How about you? I want to learn from your experience too.
Trading in a manipulative market depends only on your luck, today crypto trading is more like betting in a casino. Technical analysis works until large players intervene, very often following the logic, I was bought tokens and the next day, instead of growth, they showed drops against the background of the general market movement down. as we know Crypto Market is very volatile and very unexpected, more because of its anonymity. Trading is also risk-related, so you succeed as a trader, you have to have an open mind about trading, and you can't do fundamental analysis like you do for forex, because the opportunities are so low that we know when there will be big purchases or sales. However, trading can be very useful if you trade one day and focus on long-term investments too.
when you think the market has reached its lowest point and you can do simple technical analysis and find support or resistance - this will not give you a perfect picture but you can still find the mindset of traders in the past with this tool and speculate.
Balance and make a good plan before making a decision, it's about how patience will play a big role in this market, always doing research on market movements with every coin you will drive, buying at the lowest point and selling when you see good opportunities, always calm when analyzing your assets. and one is not greedy. if you see an opportunity, just throw it away!
How about you? I want to learn from your experience too.
yes, true trading teaches you many thinks and you have always control on your emotions don't be emotionally attach to any think be practical.
Those are the two most important things to learn before being an expert in trading. But one comes before the other; that is, patience comes before experience because it is the patience you have to learn all that needed to be learnt will determine your level of experience in trading.
but it is true that not all traders can be patient with the price movements of coins traded and this case makes them greedy and loses money from the decisions they make. including Panicsell when he saw the price of coins go down, I personally also experienced this error and made me lose a lot in trading
Trading teaches a lot of patience. I remember I purchased a coin at $11,000 and now the price is $10,000. I will wait till the price reaches over $11,000 before I sell it. I will have all the patience till it happens.
yes, patience is an important role in trade. someone who trades cannot control his emotions or is impatient in observing the price of coins is certainly at risk of losing, but remember that everyone does not succeed perfectly or never makes mistakes when trading, because everyone must have experienced failure and they also learn from mistakes in the past. including when trading or investing with crypto.
this is my experience...
as we know Crypto Market is very volatile and very unexpected, more because of its anonymity. Trading is also risk-related, so you succeed as a trader, you have to have an open mind about trading, and you can't do fundamental analysis like you do for forex, because the opportunities are so low that we know when there will be big purchases or sales. However, trading can be very useful if you trade one day and focus on long-term investments too.
when you think the market has reached its lowest point and you can do simple technical analysis and find support or resistance - this will not give you a perfect picture but you can still find the mindset of traders in the past with this tool and speculate.
Balance and make a good plan before making a decision, it's about how patience will play a big role in this market, always doing research on market movements with every coin you will drive, buying at the lowest point and selling when you see good opportunities, always calm when analyzing your assets. and one is not greedy. if you see an opportunity, just throw it away!
How about you? I want to learn from your experience too.
as we know Crypto Market is very volatile and very unexpected, more because of its anonymity. Trading is also risk-related, so you succeed as a trader, you have to have an open mind about trading, and you can't do fundamental analysis like you do for forex, because the opportunities are so low that we know when there will be big purchases or sales. However, trading can be very useful if you trade one day and focus on long-term investments too.
when you think the market has reached its lowest point and you can do simple technical analysis and find support or resistance - this will not give you a perfect picture but you can still find the mindset of traders in the past with this tool and speculate.
Balance and make a good plan before making a decision, it's about how patience will play a big role in this market, always doing research on market movements with every coin you will drive, buying at the lowest point and selling when you see good opportunities, always calm when analyzing your assets. and one is not greedy. if you see an opportunity, just throw it away!
How about you? I want to learn from your experience too.
That's really what you say. I also get lessons in patience and new experiences from trading. Every day I see price movements that make me even more motivated to become a professional crypto currency player. There are times when I have to be really patient to wait for the price and profit that I want. I have to be patient with every process on the market. I also get a lot of experience from the movements of each exchange site.
I have thoughts like you, when I found profit, I immediately sold it, because I was a greedy person who caused me to lose a lot of money when trading, at that time I didn't sell when the price reached its highest point ... I thought it would be higher but the day after that I didn't realize if the price was dumped
I only advise everyone not to be greedy
yes, if you want to make a profit in trading, which is to buy at a low price and sell when the price is high, understand the price movement of the coin and if you see a chance of a price increase, just throw it away. I always do this in trading.I only advise everyone not to be greedy
I have thoughts like you, when I found profit, I immediately sold it, because I was a greedy person who caused me to lose a lot of money when trading, at that time I didn't sell when the price reached its highest point ... I thought it would be higher but the day after that I didn't realize if the price was dumped
I only advise everyone not to be greedy
I only advise everyone not to be greedy
Trading in cryptocurrencies needs more patience than forex trading. I tried only a few times crypto trading. but never got results like in forex trading. Cryptocurrency trading needs more patience and more knowledge about the coins we choose. another most important thing is project-related news.
Jump to: