Post
Topic
Board Economics
Re: Transferring of wealth from the impatient to the patient!
by
cluit
on 22/10/2018, 07:41:38 UTC
I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire  and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.
Oh of course! Even in real life, when you are so impatient to wait for something, you may just end up missing it in the last minute. Patience is one attribute a lot of investors do not have in this space and that is simply because they never did come into this space for the reason being that they want to be a part of something big in the future.

But they are here because they want to make shit loads of money and at the end, they end up regretting the fact that they never had any long term goals as the case may be. If you are always in haste for something, the chances of never getting to see a better chance will always be there.