For expert traders any market condition won't hinder they ways they make profits but for new traders like myself i have to place my bets only when bitcoin market is bullish, the best time to make big from trading is bullish time because thats the only time you can predict market movement
Not true, regardless of your experience level you cannot make profits if the market does not move, this is the first thing that you learn as a trader, so if the market has very little movement then no one can profit from it, what expert traders do in those situations is just to stay out of the market until they see evidence this is about to change, this way they save themselves a lot of money that they can later use to trade the markets, this is very different than what the newbies do since they trade the markets despite the lack of movement, losing money they did not needed to lose. 
Topic: your patience is being tested - page 7. (Read 5621 times)
when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
It's the same rather than I would trade on less famous coins such as newly traded on exchanges or even try my luck on yobit if I have yolo mental :^)what are you doing in this market, is your routine still the same as usual or change other options?
Yes my patience is being tested, but if you don't do anythng that's not a good idea either.
I have a few alts that I bought like a few months back and they have decreased in their prices, but I still believe that there prices will increase eventually and I am not going to just throw them off. Most of the newbies have already sold their coins because of the sudden fall in prices, but I know that the alt coins will recover, if not this year, then surely next year.
If you want to ask me how my patience in crypto you can check with history of many kind altcoin in my wallet still keep holding, I am very patience faced with cryptocurrency with many altcoin invested have lower price but I keep holding and wait when price back to higher, I have hold many altcoin more than one until two years hope price back to normal and higher from first I invested, I trusted with my altcoin assets come back to higher price again in the next time.
as we can see that the market situation is getting worse and most altcoins haven't seen significant price growth yet, but I am surprised that the current rise in bitcoin prices does not affect other altcoin increases, this is not what I normally think. but whatever it is we must be patient in waiting until the market situation is stable as before again.
There is nothing we can do for now is to wait patiently, there is no instant money and there is no magic in crypto, especially most tokens are manipulated, even Bitcoin. So, for this year, we don't have assurance and guarantee if Bitcoin will reach another ATH or ATL, so better to read news and cyrpto trading analysis from experts to know their opinions about this matter.
I was out for a while and also every time I trade I always set an alarm so that I can make sure that I don't lose a lot, I always set a limit of what% I will lose and win, it prevents you from acting stupid, greedy, and no targets.
people who just keep a few coins usually hold for a long time even after losing 30% of their assets and hope it will improve even though that is not necessarily the case.
people who just keep a few coins usually hold for a long time even after losing 30% of their assets and hope it will improve even though that is not necessarily the case.
In order to worry less and do not constantly check your bets on the exchanges, you need to trade where it is possible to set stop orders. This option allows you to not worry about losing money and stay calm all the time.
Yes, patience is the key my friend, in each and everything. You need to be patient while investing and don’t panic when you see a certain downfall in the market. Just relax and trust in your investment to the fullest, eventually your investment will pay off and you will have success.
it is difficult for the market to grow quickly. especially if I'm a new crypto investment. experiencing a large asset decline certainly makes me stress and panic. want to sell will be a big loss, waiting for fear of greater losses suffered. isn't that natural? patience only for those who can control and understand very well in the condition of assets and markets. 
Yes, patience is the key my friend, in each and everything. You need to be patient while investing and don’t panic when you see a certain downfall in the market. Just relax and trust in your investment to the fullest, eventually your investment will pay off and you will have success.
For expert traders any market condition won't hinder they ways they make profits but for new traders like myself i have to place my bets only when bitcoin market is bullish, the best time to make big from trading is bullish time because thats the only time you can predict market movement
Yes, when the market is bullish, you can make some gains in the short term. However, there are risks to buy Bitcoin at the peak of price activity. The optimal strategy would be to invest in cryptocurrency for a long period without daily trading. This is suitable for everyone who is engaged in investing. But the cryptocurrency market is very volatile and you need to buy different cryptocurrencies with only a part of the funds that you invest in any assets. 
I still apply the basic strategy, especially with Bitcoin. If the market situation is shaky, I keep convincing myself to forget about my investment for a while and wait until the market recovers again. Sometimes, our hype and emotions only affects our way of thinking towards our investments. Waiting for the perfect time despite the dip would make us gain a better profit in time.
That's a good idea. Whenever you feel that there are chances that emotions can cause panic to yourself, better not think about your assets. You will just get distracted and lose your focus and can only ruin things out of your investment plans. Right attitude and mindset towards the market situations will allow you to keep holding while you are waiting for the recovery stage. You need to protect your money and never follow those weak holders and lose your money. 
Yes, it’s absolutely true when trading on the exchange takes place, the nerves are at the limit. Since the sale of tokens requires very quick solutions. Since any delay can affect the loss of large funds. So with any payment transaction you need to be extremely careful. I wish you all the best of luck.
For expert traders any market condition won't hinder they ways they make profits but for new traders like myself i have to place my bets only when bitcoin market is bullish, the best time to make big from trading is bullish time because thats the only time you can predict market movement
Expert traders is not always win in every trade , they sometimes lost but they have the stop limit for their trade and never hold for a long time. And also they have a very good risk management so they can handle their loss with more profits
Without patience you can left investing with bitcoin, altcoin or joining ICO investment, you have keep patience when looking price of bitcoin and altcoin still lower price and hold it, after price raise up you have sell it and never make you hungry with not enough profit do you want to get because is the way how to make you lost with bitcoin and altcoin investment.
If the market continues to decline, of course, I will buy the top 10 altcoin and will maintain it until it recovers, all need patience in the market game so as not to bear the loss, I once made a purchase when the market price fell with carelessness I sold it with a rush under the price I bought, finally I learned from the experience of dump prices now I dare to buy because someday btc and atlcoin will rise
Agree, when many people are afraid to enter the market when the market is down, there is an opportunity for us to buy tokens at cheap prices. Patience will be paid if we hold coins that are legit and have a good project
If the market continues to decline, of course, I will buy the top 10 altcoin and will maintain it until it recovers, all need patience in the market game so as not to bear the loss, I once made a purchase when the market price fell with carelessness I sold it with a rush under the price I bought, finally I learned from the experience of dump prices now I dare to buy because someday btc and atlcoin will rise
I still apply the basic strategy, especially with Bitcoin. If the market situation is shaky, I keep convincing myself to forget about my investment for a while and wait until the market recovers again. Sometimes, our hype and emotions only affects our way of thinking towards our investments. Waiting for the perfect time despite the dip would make us gain a better profit in time.
Selling at low price is too late, i would sell my coin once the price decreased 20%. Although i sell at loss, it will be better than sell when the coin have no value anymore. When you are a market player, or trader i would say, you need to know when you must buy or sell, not holding the coins.
Nice one! Setting limits is a good practice especially for investors like us which deals with volatile market. If you leatn yo know when you should exit to prevent further losses then of course you should also learn how to exit when you finally made some profits. What I do is withdraw my holdings once it doubles or at least half doubled depending on how lively is our market. I am not the kind of holder that wishes 'penny into million' because I know that becoming too greedy is bad and might end you up to nothing 
. 
when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
Selling at low price is too late, i would sell my coin once the price decreased 20%. Although i sell at loss, it will be better than sell when the coin have no value anymore. When you are a market player, or trader i would say, you need to know when you must buy or sell, not holding the coins.
You can cut loss at that point as 20% is just a small percentage here in crypto.
Sometimes we will see bitcoin rise 10% in just 24 hours and certain altcoins even rise 50% or more, so if you loss in some altcoins, you can also make profit in other altcoins, just make sure you have the skills and you know how to properly initiate at the right timing.
when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
Selling at low price is too late, i would sell my coin once the price decreased 20%. Although i sell at loss, it will be better than sell when the coin have no value anymore. When you are a market player, or trader i would say, you need to know when you must buy or sell, not holding the coins.
when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
The condition of market always changes so try hard not to be swayed easily by those changes because if you do, you won't last in this industry. Always stick on your objective and plan as much as possible. There will be times that you will regret not trading but the reality you can't absolutely predict when is the best trade. Don't let your emotions control you and don't be discourage whenever the market is not good today because there is always next time.
Jump to: