Passion,patience, persistence

[kobi 86]

I want to hear your opinion in this; between passion, patience and persistence which of these three most likely produces profit in trading?

[williamz902 696]

I would say patience and persistence, in that order. I think the two are probably closely linked anyway. You can definitely make profit even if you are not passionate about it. In fact, passion may hinder your trades, especially if you are so passionate that you are trading with emotion.

[Casinoval 330]

Patience will do you The best when its come to trading, patience stops you from panicking when things on the market starts to go bad and it get you through. 

[lakhlomoha 485]

We need all those three,

The first,you have to love something with passion to give in it

Give all your time and be patience don't take your decision to fast

The last one,don't give up to fast and be persistence until you got what you want 

[bentayebsalah 2280]

Emotion brings a loss for sure
And patience and perseverance bring profit because you patience will seize the best opportunities to buy and sell, which makes you make profits

[kobi 86]

7 hours ago, williamz902 said:

I would say patience and persistence, in that order. I think the two are probably closely linked anyway. You can definitely make profit even if you are not passionate about it. In fact, passion may hinder your trades, especially if you are so passionate that you are trading with emotion.

Okay, I get your point passion can usher in emotions. But then, don't you think your persistence grows stronger at what you are quite passionate about?

[lucky80 1046]

10 hours ago, kobi said:

I want to hear your opinion in this; between passion, patience and persistence which of these three most likely produces profit in trading?

Too complicated, buddy. Don't overthink. You need luck. But to get a fortune, you need courage and wisdom. 😎

[Rares002 262]

I don't think you should choose only one of them because when trading you have to make sure you respect multiple factors if you want to be successful. So you need all of this 3 components in order to get better

[Naga 1250]

13 hours ago, kobi said:

I want to hear your opinion in this; between passion, patience and persistence which of these three most likely produces profit in trading?

 Presistence Passion has nothing to do with crypto unless you're talking about passion of making money. Patience is the only thing a trader needs to keep making profits and never panic sell at lost.

[starwill 456]

In this world of cryptocurrencies, what generates you the most profit is patience since if you do not go into a panic and you do not despair you will get great benefits, if you have already obtained losses you will be persistent to recover and the passion is what will drive you every day to believe that this will be possible.

[Abdizidan 56]

14 hours ago, kobi said:

I want to hear your opinion in this; between passion, patience and persistence which of these three most likely produces profit in trading?

I think all three support each other, passion here in trading is really needed in making decisions from positive passion will produce good decisions, patience is the main key to generate maximum profits, because with patience we can determine the right moment to sell and buy while persistence is needed to continue learning and evaluating our trading strategies.

[Khan 1414]

19 hours ago, kobi said:

I want to hear your opinion in this; between passion, patience and persistence which of these three most likely produces profit in trading?

I will go for the patience as if you don't have the patience then you will loss the money or investment and also miss the good points to trade.

[IrinaLavrinova 365]

In trading, you need perseverance in achieving goals. This quality is important in life, but especially in trading. Often, a trader probably has a desire to give up, to give up everything when it becomes difficult. All of us have experienced this to one degree or another.

[williamz902 696]

14 hours ago, kobi said:

Okay, I get your point passion can usher in emotions. But then, don't you think your persistence grows stronger at what you are quite passionate about?

Yes, that's true also. I think doing something that you like will help with persistence. But by persistence, I mean if you lose money, don't give up. Keep learning, keep trying.

[flomopeter 135]

Patience will be the best on that list, it makes you more relax when trading and stops you from rushing into things that will make you lose a lot of money on the cryptocurrency market, many bitcoin traders that was patient and held for a long time are now millionaire.

[flomopeter 135]

1 minute ago, bichou1584 said:

Patience produces money for you. Patience when buying do not buy until the price reaches the target area until it reaches the strong support area and do not sell until the price reaches the target
It all depends on patience

Yeah being patience is the best, traders that are patient on the crypto market they make the most profits, rushing to sell or buy is not good for a market that prices is always changing, you might lose money.

[pageraji 316]

For me number one was passion, it can keep me strange and keep exciting on trading, patience more on control emossion, but pasion its get up more and more

[Corrado25 9442]

Passion doesn't quite work when you make money. Patience is important but the main thing is persistence and purpose. You have to set yourself a goal. What you want to achieve and persistently go to it and not lower your hands

[kobi 86]

22 hours ago, AshaBegam said:

Patience and passion is real important. If one lacks passion then they surely will not be able to invest in their dream coin. They will be deviated. And if they lack patience, they will panic and se at losses.

It feels good finally seeing someone pointing out passion as an important characteristics that contributes to our success in trading, majority of posts in this thread suggests that passion is unnecessary. so perhaps you can throw more light on your view?

[Rifrach 207]

Even perseverance goes beyond passion and planning. Combine that strength with energy and passion to be able to see gaps and opportunities to achieve goals. Do you want to start a business in accordance with the passion you have?

[redamoun 811]

On 11/2/2019 at 1:50 PM, kobi said:

I want to hear your opinion in this; between passion, patience and persistence which of these three most likely produces profit in trading?

       Good brother, i think you have gathered the most important points to start trading, and this is good for new users to read it, maybe i will also share it in all social media, also i wii add that for me i think we need to control our passion, and we keep persistence with a big patience, that's what a real trader must be. 

 

[Lucifer 134]

There is no use in passion if you do not advance to your goals, many people dream of doing things but very few begin to do them and continue doing them so things do not go as they would like them to be there is where the winning traders are created.

[Bitxalt 452]

all three of these are driving factors for us to be able to continue to learn and analyze the market well, and we cannot separate from all three, so we must use them all.

[kobi 86]

1 hour ago, roseangelena said:

Ok I am thinking of the last two. While trading you must be patient. Or you may incur a loss. Your analysis must be up to the mark so must your perspective. By the way, which Exchange do you use to trade

Obviously, patience is the most voted quality if you scan through the whole thread, additionally, one must know when the have patience and when not to. for some time now I have been trading on bitmex.

[bean 515]

I choose patience, with patience you can trade and make money in crypto, knowing when to buy or sell require you to be patient and not to just rush and do what you think is right, always be patient and you will have you success.