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Topic: your patience is being tested - page 8. (Read 5621 times)

hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
October 10, 2019, 02:46:25 PM
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
if you are a professional trader then for you it does not matter what phase of the market is now. You can earn both in the bear market and in the bull market. I think that those people who know how to make money on falling prices earn more than those traders who work in a bull market
sr. member
Activity: 812
Merit: 262
October 10, 2019, 02:31:30 PM
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.

Everyday is a risk that people here take and it is difficult to keep yourself from ending the investment or settling down in a deal in trading. Questions like what if there is a greater deal ahead and if you missed it, you will regret it. The market has its fluctuations and sometimes it is hard to stick with your plan but years of experience have made me almost stone col yet not ignorant to these sudden changes in the market. If the market is low and I have enough, I will buy more and pray for the rest, hoping tomorrow it can be sold in higher price.
sr. member
Activity: 1526
Merit: 251
October 10, 2019, 02:23:15 PM
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.
sr. member
Activity: 574
Merit: 250
October 10, 2019, 07:06:35 AM
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.

yes you're right our patience is indeed being tested with crypto market conditions like this. but I am always optimistic that bull run will come. when the market conditions are stable like this I seek profits by buying new coins. I will buy a new coin at a cheap price then a few days when the price rises slightly I will sell it. I didn't hold a new coin because it was very risky. most new coins cannot last long. so I just looked for some profit then I sold. and I also keep my bitcoin when bitcoin increases by about $ 100 I will also sell it. so when the market is sluggish like now doing daily trading is the solution so that we continue to make a profit.
member
Activity: 504
Merit: 16
October 10, 2019, 06:19:10 AM
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
jr. member
Activity: 1876
Merit: 5
October 10, 2019, 05:26:48 AM

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.
sr. member
Activity: 1666
Merit: 426
October 10, 2019, 05:09:18 AM
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.
At the time like this we are being tested. As a trader at time like this we are bring tested if we will still trade although the market is down and are we really willing to risk our money on the situation like this?
For me being a real trader is actually will risk on the situation like this because their techniques on how they will earn on the current situation of the market is being tested. As we go to the flow of the market we must be able to know what a real trader will do.
sr. member
Activity: 1148
Merit: 251
October 10, 2019, 04:51:07 AM
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.
If you are in this kind of platform expect that your patience will be tested especially in trading and investing. In crypto market that all are volatile you need a lot of patience because if you not hold your emotions it will bring you to not good situation and bad decisions. So be calm and stay away for a while if you see the market is bearish.
sr. member
Activity: 966
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 10, 2019, 02:12:21 AM
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.
For me personally, it depends on the coins that I hold, if based on what I observe the coins will be difficult to recover and increase, then I will choose to sell them and hold other coins that I think can still recover. And the thing that I do when the market is red, maybe I only trade a small amount.
hero member
Activity: 1030
Merit: 502
★777Coin.com★ Fun BTC Casino!
October 09, 2019, 03:50:04 PM
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.

Firstly, after buying a coin, i setup a stop loss as a precaution 4% below the price, but if I forgot to set up a stop loss and the coin fell too low, I never panic. If I think the decline is temporary and the price will rise again soon, I buy more at low prices, If I think otherwise, I sell the coin and wait patiently until it reaches the next support level. I buy again when the support level. if it break that support level down, I sell again and wait patiently for the next support level. This is exactly the way my trading strategy is in the bear season.
hero member
Activity: 1008
Merit: 511
CryptoTalk.Org - Get Paid for every Post!
October 09, 2019, 03:36:40 PM
Patience is the key on this bearish and highly volatile market of cryptocurrency but your decision-making will play a big role although I made a panic selling in the past but I've learned my lesson with the help of this forum and some advice from my friends who have been involve in crypto-sphere for a long time. Now I have some strategy that I bet some of us used too so whenever I feel that the market is falling down I immediately convert the coin I hold into Tether then before it recovers I buyback them or invest on other coin that gets my interest.
sr. member
Activity: 1193
Merit: 251
October 04, 2019, 04:36:12 PM
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.
You think correctly, but alas such clever guys very little.Basically, people are willing to sell cheaply, even after receiving losses.
sr. member
Activity: 980
Merit: 255
October 04, 2019, 04:01:32 PM
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.
Your patience is useless unless you have the skill that matches it, many think that the only thing that you need to do in order to be profitable is to hold your coins and wait for the market to grow and that is not true, you need to know when to get in and out of the market and for that you need skill and if you do not have that skill then it is going to be impossible for you or for anyone else to make profits in the market of cryptocurrencies.
legendary
Activity: 1264
Merit: 1008
October 04, 2019, 04:01:06 PM
Patience is really important here and we all know that. Some are saying they should dump their tokens in some exchange because it is shit coin or what but for me as long as market is good there nothing else to worry about because downfall is normal here. We should wait for the right time that the market recovers and so that we can trade or buy in a good way. We are really tested by the volatility of the crypto itself. We should be used to that and just chill and continue to support cryptocurrency as it recovers from dumping.

Some people mix the strategy “being patience” and “not using stop loss”
Patience is good at bull market. At bull market you can jump on a coin from top and that it can go accumulation period. And after accumulation it will increase the TOP.
If you be not patient and sell your coin at accumulation stage you will start to say “I sold Coin pumped”. If you hold the coin and waiting accumulation completed you can sell the coin in profit.
But, If we are in a bear market, and if you think “patience is the key” you can lose all your fund slowly. At bear market using Stop Loss is necessary for reducing the risks.
For compare two strategy from tradingview you can check graph of any coin for two different period.
1)From beginning of 2017 to middle Q1 of 2018
2)From Beginning of Q2 2018 to present time.
sr. member
Activity: 1680
Merit: 263
October 04, 2019, 03:57:11 PM
I do not understand why the current altcoin market conditions are very difficult to grow and most products do not have high prices when entering the stock market. There isn't much I can do except be patient and try to find the best way to buy coins with careful calculations. I am still very dependent on the Bounty project to survive.
sr. member
Activity: 1050
Merit: 286
October 04, 2019, 03:54:01 PM
Patience is really important here and we all know that. Some are saying they should dump their tokens in some exchange because it is shit coin or what but for me as long as market is good there nothing else to worry about because downfall is normal here. We should wait for the right time that the market recovers and so that we can trade or buy in a good way. We are really tested by the volatility of the crypto itself. We should be used to that and just chill and continue to support cryptocurrency as it recovers from dumping.
member
Activity: 742
Merit: 16
October 04, 2019, 02:56:09 PM
Its seems we are just running around in circles, history will repeat itself and the next altcoin season many new investors will pour money into crypto again, im expecting this after bitcoin halving in 2020, my advice is do not hold shitcoins, the consequence of holding shitcoins will be bad in the next altcoin season
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
October 04, 2019, 02:56:04 PM
We need to be patient. It is the key to be able to stay in this uncertain trend of bitcoin. New people in this world will have a little patience but for as that has been here years ago we need to improve our patience ,also we are expecting to understand that market is unstable now, but there will be no impossible to happen. In just a blink of an eye, we will gain more than we expect or we can lose more than we know.
Oh yeah, invest on some some shit coins and keep on holding but don't lose your patience  Wink. You keep on saying patience is the key in such a way that trading is everything about patience. Do you really think that your patience will one day turn all your shit coins to some awesome coins because you kept on holding it and had a hope for it? Lol, nope. That won't be happening. Stop focusing only on patience and start looking for alternative ways to make profit out of the altcoin market in short run.
member
Activity: 406
Merit: 10
October 04, 2019, 02:48:40 PM
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.

I personally develop in trading, I determined for myself in which direction I will move in this industry. Of course, like many I entered in 17, but I bought bitcoin not for 20k, but for 6k and still I didn’t have the courage (or the mind) to close my purchase at the peak of the price, so Iwait and believe to bullran.
legendary
Activity: 1722
Merit: 1014
October 04, 2019, 01:03:34 PM
I would suggest that you should have some price levels adjusted before you enter the market. And you shouldn't change these levels because of the market conditions and news. Sell when you planned to sell before buying.
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