Why most people loss to the market is because they enter the market anyhow without carefully analyzing the market from the different time frame.
The reason why some people always enter the market anyhow is that they lack proper knowledge to even do the analysis. They think and believe the market is fine anytime they feel free to enter, not knowing that, as a trader, you don't need to enter the market randomly. One must first do proper analysis and identify a better pattern in the market.The funny thing is that some people always enter when the coin pumps, thinking that’s the way to trade, not realizing that proper analysis should be done beforehand.another issue is that some people trade coins that don’t have a record. Trading a coin or token without records is essentially gambling with one’s funds. On the other hand, when someone trades coins that have a record, they are better able to perform meaningful analysis.
Patience , does not only imply entering the market alone. A good capital is also needed to trade the market to be successful, but patience is also needed to transform that your small capital to a big one, by gradually making profits to a huge sum.
Yes, patience is very important in trading. However, if someone is not careful, patience can still cause a trader to lose in trading. Just imagine someone enters a trade and it has made a good amount of profit, but instead of exiting, they keep waiting simply because they are looking for more profits. In trading, even if someone wants to be patient, they should have a good reason for it, backed by proper analysis.As you said, traders also need sufficient capital if they want to make good profits from trading. Generally, the more capital a trader has, the more likely they are to make profits. However, this also increases the risks involved.