Post
Topic
Board Altcoin Discussion
Re: The Bull is in the Crypto Arena
by
lobcmt2
on 26/04/2019, 02:13:53 UTC
With a very volatile crypto currency indeed we are required to be patient. This crypto currency is like a cycle that can be likened to a wheel which is sometimes above and below. It can also be likened to the state of sea water which sometimes tides and tides.
Yes, I can not disagree with you. In crypto, we need: cycle, patience, and tides. Cycle and tides are basics of crypto market, so we don't have anything to do with them, what we can and have to do as best as possible is keeping our patience as long as possible to wait for best chances. Losing patience might lead to investments too soon, nearly spikes or peaks, and more probability to see bigger losses. Patient investors, usually have better ROI than impatient ones. For bitcoin, someone who were patiently, but not patiently enough would bought bitcoin around $6k months ago, but extremely patient investors waited longer and bought it below $4k. It's perfect but it is obviously that there are so limited investors can wait for months like this.