Post
Topic
Board Economics
Re: Transferring of wealth from the impatient to the patient!
by
millgates
on 04/05/2019, 06:03:25 UTC
Almost every experienced crypto investor would testify about the essence of having patience if you are looking at earning from cryptocurrency investements. The crypto market is very volatile and you need to be patient to wait for them to rise in order to make profit. Too bad some folks don't have such patience to wait for their portfolio to grow.
even more people experience panic when prices fall. I think many of them don't know much about crypto and just want to make money quickly. but this actually backfires that can spend their money even a negative image appears to crypto
Actually there are some tokens and coins that have no future which the business behind it is almost bankrupt. So we can't be patient for tokens and coins like that we should do cut loss. There are only few tokens and coins which we can hold for long term, that is bitcoin and ETH. At this current market condition we should sell all of our unfamous cryptocurrency for bitcoin or ETH so we can join the next pump of them.