Patience vs Trading Skill: What's More Important?

21 replies 802 views
BasedNovaMember
Posts: 5 · Reputation: 75
#1Dec 6, 2017, 05:15 PM
Patience is key when you're trading. If you’re not patient, you’re gonna struggle to make profits.
10 Reply Quote Share
Posts: 111 · Reputation: 22
#2Dec 6, 2017, 11:34 PM
For sure, but it really depends on the market. In crypto, patience can mean waiting for the right moment, but with altcoins, that's trickier than with bitcoin.
12 Reply Quote Share
shard_2013Full Member
Posts: 643 · Reputation: 287
#3Dec 8, 2017, 11:39 PM
I think the ideal is to be both patient and strategic. But sometimes, being too patient can lead to missed opportunities.
5 Reply Quote Share
the_satNewbie
Posts: 257 · Reputation: 6
#4Dec 9, 2017, 05:40 AM
Yeah, but you can’t nail the bottom every time. Even pros don’t always get it right, so splitting buys makes sense.
12 Reply Quote Share
laser_nodeSenior Member
Posts: 63 · Reputation: 823
#5Dec 9, 2017, 11:58 AM
You know, it's not just patience. You gotta understand the science behind trading too, like chart patterns and market trends.
9 Reply Quote Share
0xAlphaNewbie
Posts: 117 · Reputation: 16
#6Dec 9, 2017, 12:43 PM
Exactly, just sitting there waiting won’t help if you don’t know what you’re looking for. Knowledge is a big deal.
12 Reply Quote Share
Posts: 128 · Reputation: 201
#7Dec 9, 2017, 03:57 PM
Totally agree, without knowledge patience means nothing. If you rush, you end up losing.
4 Reply Quote Share
chris_gasMember
Posts: 58 · Reputation: 72
#8Dec 9, 2017, 09:13 PM
Patience is good, but too much can be dangerous if you don’t know what you’re doing. I stick to spot trading for now.
7 Reply Quote Share
0xOrbitMember
Posts: 132 · Reputation: 91
#9Dec 11, 2017, 12:54 AM
Right, and with crypto, it’s easy to panic. Patience helps you avoid impulsive decisions when prices drop.
9 Reply Quote Share
CalmMinerFull Member
Posts: 558 · Reputation: 784
#10Dec 11, 2017, 10:49 PM
But waiting too long can kill your chances. You need to be on top of market cycles to know when to act.
6 Reply Quote Share
bull2009Senior Member
Posts: 14 · Reputation: 1872
#11Dec 12, 2017, 03:40 AM
100% true. It takes patience to learn, not just to trade. And understanding losses as part of the game is key.
5 Reply Quote Share
CalmProtoNewbie
Posts: 12 · Reputation: 35
#12Dec 12, 2017, 08:02 AM
True, you can’t just hold on forever. Sometimes taking a loss is better than being stubborn.
4 Reply Quote Share
serHero Member
Posts: 589 · Reputation: 2321
#13Dec 12, 2017, 09:51 AM
But if you’re making gains, why change strategies? Some people get greedy, and that’s when they mess up.
4 Reply Quote Share
0xCiph3rMember
Posts: 48 · Reputation: 176
#14Dec 12, 2017, 12:23 PM
Greed is a killer in this game. Impatience can get you wrecked if you think you can just go for quick wins.
10 Reply Quote Share
0xByteMember
Posts: 100 · Reputation: 172
#15Dec 12, 2017, 08:47 PM
It’s all about timing. If you’re too patient, you might miss out on profitable trades.
12 Reply Quote Share
mike2009Member
Posts: 31 · Reputation: 211
#16Dec 12, 2017, 09:02 PM
Experience teaches patience, and knowing when to wait is essential. It’s not just about the immediate price swings.
5 Reply Quote Share
dan.wolfFull Member
Posts: 103 · Reputation: 662
#17Dec 13, 2017, 02:25 AM
But time is a big factor. Some tokens drop so hard they never recover. Patience can lead to missed alternatives.
5 Reply Quote Share
the_satNewbie
Posts: 257 · Reputation: 6
#18Dec 13, 2017, 08:27 PM
Right? It’s tough to stick to one strategy. Sometimes you have to adapt or you’ll get left behind.
10 Reply Quote Share
shard_2013Full Member
Posts: 643 · Reputation: 287
#19Dec 14, 2017, 01:54 AM
If you’re a short-term trader, patience doesn’t really apply. You gotta move fast to catch trends.
7 Reply Quote Share
Posts: 187 · Reputation: 80
#20Dec 14, 2017, 05:35 AM
True, but successful traders often take their time analyzing before making moves. It’s about finding that balance.
5 Reply Quote Share

Related topics