Cryptocurrency is a no go area if you are an emergency investor . By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.
Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.
A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.
This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
That is true indeed patience is one and the most important ingredient of success in this business in the cryptocurrency because not all the time the coin you will trade have a higher profits there will alway a time that they will have a bad coin day because the coins will mot gave you enough profit. If that is the case of course you will waut for the time for that coin to grow and of course i you are lacking of patience you will never get that win you wanted.