Today I really want to about an interesting topic that for long have always resonate with us. The fact that the crypto world keeps developing rapidly every time everyone is rushing to make a living from it.

Most of the time, it issue that many of us always face is the fact that we are not actually able to master something's along our crypto trading journey. Patience even though it might be ancient but it is still very necessary.

For me I have come to discover that if you want to go far in the crypto space, you need to be disciplined and you can not be disciplined if you are not patient.

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Today I want to talk about why you actually need patience in the crypto trading. The first is the fact that volatility is inevitable. What do I mean by that? Crypto is known for volatility and sometimes prices can really go up massively and go down massively depending on how it comes.

If you are not able to be patient, when the market is highly volatile, you might actually be so tempted to even want to panic selling which at the end of the day might result you to make a lot of loss and might not be able to stay true to your trading plan.

The second reason why you need to have patience when you are trading crypto is the fact that good trades sometimes take time to develop and even hit your take profit. If you are actually an experienced crypto trader, you will understand that there are some trades that you will enter which will take time to manifest.

It will take time to mature. For traders who are patience, it will allow you to wait for the right entry and the exit so as to help maximise profit potentials.

Apart from that, one of the major advantages of mastering patience when you are trading is it helps you to avoid what I call Overtrading. Overtrading is very necessary because that's even the biggest mistake I have made. The fact that you can actually be pressured to overtrade beyond what you plan before.

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This can even lead you to have a poor record and at the long run can result to you to lose a huge amount of money. But when you are a patient trader, you will be able to Discipline your emotions which will make you to avoid overtrading.

Let me quickly talk about how you can actually cultivate patience in trading. The first way is for you to actually have a clear strategy. You need to know you goals and your plans and be patient with it. But if you don't even have a clear strategy, what do you want to be patient with? Absolutely nothing.

You need to come up with your criteria of your entry and exit criteria. You also need to know your training goals and risk limits. This will help you manage your setups effectively.

One of the ways I was also able to cultivate patience which I want to share with us is that you should make use of stop losses and take profit. In fact you should actually avoid watching the charts constantly because it will lead you to have high curiosity to keep checking alerts and before you know it, you already have high emotions.

But when you are able to avoid constant watching of the charts, it will guide you and help you so that you will not build impatience.

There is so much reward for patience that most of the time, we did not even pay attention to and we will not pay attention to. In fact, it has affected a whole lot of us. Crypto trading for me is a marathon not a sprint.

Even though there might be opportunities for you to actually make quick profits, it is better to play the long term game when you are trading in the crypto space. This is what I really wished I learnt at the early stage actually.

The result might not manifest instantly but trust me, it is necessary that you should learnt patience when you are crypto trading. It is very essential and you must not actually joke with it.