Post
Topic
Board Economics
Re: Why are you saying wait?
by
South Park
on 19/04/2018, 19:30:42 UTC
In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.

We can sell it at a higher price and buy when it goes down.

I think we'll lose a little bit less, better than nothing.

Because it is an attitude you must stay with when you're investing. Not everything is rushed. When you invest, you should have a business mind. Money isn't easy. Wait for it to grow, expand and give you higer value. Your waiting will be worth it.
Waiting for investment is wrong but waiting after investment is essential. It is not possible to earn money without spending some time. Nothing happens in a blink of an eye in business world. To make money, the investor is supposed to hold and the longer he keeps his coin with him, the bigger will be the amount of profit earned. Hurrying up with no care would only bring loss.
I agree it all requires time and patience in order for your investment to grow because if you want to have some profits for your investment then you should wait and have patience because not all the times you can make money because sometimes the market goes down and you get a loss so you better be prepared and well disciplined to be a good investor and have a lot of profits.
The sad thing is that even if patience should be one of the most basic characteristics that an investor must have in fact it is one of the rarest, many people in the forum want to obtain profits right away and are not willing to wait for a long time this is why you see many threads of people that sold their coins at a very cheap price and then the coin in which they invested skyrocket.