Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
I also think that patience is one of the most important factors when you invest into a sector that is still in it's very early stages and i think the whole cryptospace is still in that stage if you compare it to other financial sectors or products. The real adoption of crypto products is still only starting and i think that, if no major unforeseen upsets are happening, that the whole crypto market will have a way higher marketcap as it has right now or as it had back in the beginning of may this year. I would also rate myself as a very patient guy in terms of my investments. I know that this is not always the best because if you look at the market movements in the last years i could probably have 10x more IOTA now for example if i had sold and bought them again at the right moments, but knowing myself i would probably have less than i have now.
