Post
Topic
Board Beginners & Help
Re: Cryptocurrency thought me Patience
by
Fiatless
on 08/10/2023, 15:07:18 UTC
During my early days in the crypto industry I struggle to hodl crypto asset because I am naturally impatient person, of a truth I struggle to hodl, I mostly sell my asset at a loss.

One thing I observe is that the moment I sold. it at a loss, not quite long, the crypto asset start appreciating in price .
It got to a point I almost quit, the only thing that makes me not to quit is i believe that quiter are for failures.

Through reading and under going through crypto courses, I became more enlightened which made me hold high value asset like Bitcoin, Entheruem and Bnb.
Now when I think back of my struggle in holding an asset in my early days, I just laugh, because I lost a lot due to impatient.

My advice to every newbie out there, without patience you cannot be successful in crypto.
When I started my bitcoin journey,  I was always checking the price of the coin. I couldn't take my eyes off my wallet because I wanted to know how my investment was performing. But with time I began to understand the workings of the bitcoin system and it was clear that checking my wallet consistency was needless for a long-term hodler.  Traders might always monitor the market but long-term holder follow their plans. My take is that sometimes experience is the best teacher. Most newbies might not learn patience by reading but by experience. It was good that you put up this post to remind them but I also believe that they will learn as they spend more time in the Bitcoin ecosystem.