As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business its only patience ones that would feed from the milk of a lion . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, im In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while its at dip. Trust me, you wont live to regret anything if only you would be able to hold with patience. Thanks
I agree with this.
1) Do your research
2) Find the Coin/Token you like
3) Buy your position at a set price
4) Set target exit position
5) Sit and wait
6) Sell at target (can be a portion)
I think a lot of the people who came into crypto in the recent run up we're sitting on exchanges trying to trade coins for small wins. They all got rekt and rightly so. The key is to sit on your hands and do nothing, how do you think Buffett got to where he is today?