Quote from: JessicaVL on November 07, 2019, 09:55:20 AM

Now that weve had a chance to take a look at the 5 mistakes every crypto trader should avoid, we have to ask ourselves: What exactly is the key to trading crypto?

Thats pretty simple: Patience. Dont be afraid that youre going to miss out on the next big thing. The crypto market is constantly growing and changing and theres more than enough investment and trade to go around for everyone. Dont invest in altcoins that you arent sure about, dont give into FOMO, and dont trade above your means.

The one thing that most beginner traders fail to understand is this. Sadly, saying it and truly understanding it are two different things since I also came from that time after all. One professor of mine in the past taught me this, since well, he was also pretty impatient.

To practice overcoming your impatience, try doing a hobby of sorts that require meticulous work. Like the one that with just one touch, everything goes haywire kind of thing. His hobby was building Gundam models and honestly, it was quite inspiring since I never taught of hobbies like that as something that could help me as a person. Once I taught about what he said, it dawned on me that it really is true. Patience stems from you being able to endure, being able to adapt, and being able to wait for the result caused by the end, you would see something wonderful that was made by your own hands. Trading could be said the same but waiting could be said to take the majority of it, but there's also the studying part and analyzing part also so its kind of similar.