Post
Topic
Board Beginners & Help
Re: Cryptocurrency thought me Patience
by
Y3shot
on 08/10/2023, 20:05:54 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.
This is the problem people who are impatient normally encounter when they are unable to hodl. It is so disappointing people don't still understand bitcoin,  if the price of bitcoin falls I wonder if they think the price will continue to fall and will never increase again.  The fall of price can be opportunity for investor's to buy more, it can also be a distraction to investor's which can make them to be panic to sell their bitcoin.  Their is no dip without that won't later come with an increase of price , this is something people needs to know. Bitcoin is not a stable coin or a coin that only depreciates.  The way their is a a dip in the market the same way their is an increase of price in the market.