Post
Topic
Board Trading Discussion
Re: Psychology of waiting
by
Xising
on 20/07/2018, 21:22:21 UTC
I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?

Well, I think that it's just difficult for some people to settle down and patiently wait for their investments to unfold. In whatever kind of business or investment one does in the cryptocurrency market, there would always be some obstacles and challenges along the way, and one of those is the fact that you have to invest a lot of patience before you can see good returns. And even though some would say that they have what it takes, they often see that it's way more difficult to see things through. So, even before you make an investment, make sure that you have already invested enough patience to actually see it until the end.