Quote from: Kiweikoo on November 24, 2018, 05:02:54 AM

Quote from: asdnguyenthanhtin on September 03, 2018, 04:21:35 AM

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.

You can have patience, but patience is not all about keeping your funds in crypto while the price drops and youre losing money daily. You can still choose to withdraw your funds and wait for when the price will drop so you can buy the dip and wait again for another opportunity of making profit as it rises.

I have seen a lot of people who keep having patience till they lose more than 50%, I cant do that, unless I have ways to cover up what I have lost. But if its to wait, nah, I cant be doing that. Better to withdraw my money and wait for another opportunity to buy again.

- Exactly as you say, many people have lost a lot of money in the present time when they are too patient with their investments, they do not accept losses and believe everything will come back, and that leads them to huge losses. And with that, it has proven to be patient even though it is a necessary virtue but too patience will become a bad thing, so depending on the different situations of the market, we will need different levels of patience, sometimes we can continue to be patient but sometimes we should retreat and come back in better times.