Just like they say, the patient dog eats the fattest bone, some will say the patient dog does not eat the fattest bone again oh! But, you cannot over emphasis the importance of patience, in trading as most people loss to the market because for lack of patience.
Why most people loss to the market is because they enter the market anyhow without carefully analyzing the market from the different time frame.
Also, waiting for your analysed market to come to play before entering the market is also very important, most persons in trading just enter the market because, they see a downward trend without carefully analyzing the real market structure and waiting patiently for it
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.
Hence, in the trading space patient cannot be over emphasis if we must be a good trader.
The importance of patience in trading platforms is immense. If a person does not have patience, then that person will not be able to succeed not only in trading but in any field. Patience is one of the few strategies in trading platforms. One who does not have patience will never be able to make a profit in trading platforms. There are many people who jump into trading without analyzing the market and trade with some altcoins where success is not achieved even after being patient for a long time and there are some altcoins where profit cannot be achieved even after being patient for a lifetime, but being patient in this case is also very foolish. So, even if you trade with good coins, you will lose your money there, but if you are patient, you can be patient in those places and make a profit. Moreover, there is no point in being patient where there is no profit even after being patient for a lifetime. Then I proved this myself because I was trading with some altcoins where there were some altcoins that could not be recovered even after waiting for a lifetime. I decided that it wouldn't be profitable to be patient and that it would be better to sell all those coins cheaply and get some dollars in hand.