Quote from: ethereumhunter on December 27, 2018, 09:11:47 AM

Quote from: engesi on December 23, 2018, 09:34:57 AM

HOLD is not the only trading strategy, but I think it takes courage to invest in cryptocurrencies. Due to certain news or market changes, we are not free to sell crypto.

I guess it's not courage but patience because we cannot hold for a long time if we don't have patience. It's happened with many people who said they could be patient for a while, but suddenly, when they see the price is falling too deep, they lose their mind and decide to sell their coins. So be careful when you still hold the coin, make sure you have the patience to wait for the price and don't let the bad news ruin your strategy in keeping the coins.

Very well said Sir. Patience is really the key to it all.
It is patience - why we're all still here when we're all aware that cryptocurrency is a wildly volatile asset and the market is full of risk.
It is patience - to firmly hold when the price of our coins shoot up by dozens of percentage points over the space of a few hours, only to dramatically fall back to their previous levels the following day or even lower.
It is patience - that can help us in achieving our main goal in investing in cryptocurrency - to profit immensely.

But if i may add Sir, i think that it takes some courage to really be patient. We have to have the strength to calmly face and dealt with all the disappointments that surrounds the crypto world.