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.
Its not only about being patient, youve got to be smart and know what to do and when to do it. But anyway, Bitcoin will always favor those who have patience, depending on how long you can have patience. But anytime things are like this and the price is dipping and investors are quitting, know that something big is coming. If you trace back how Bitcoin started, you will see thats how it has always been. When the ground is shaking, its best to hold on tight.