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.
Indeed, people should be patient in the cryptoindustry. Volatility on the market is a nature in cryptos and if an individual perhaps investor is not patient, loss of profit is more likely to happen and not gain. Whenever the market is dipping, exhale and be calm still. Selling especially due to panic won't help so don't think of such thing. Once the market recovers, that would be the best time to sell or even invest.