Post
Topic
Board Beginners & Help
Re: Cryptocurrency thought me Patience
by
SmartCharpa
on 09/10/2023, 03:02:10 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.

That is what we all need to realize when it comes to cryptocurrency, especially when we are holding crypto. Patient is important, so there is no need to be too impatient or to believe that we will make a profit. When the timing is right, buy and hold; a profit will come. I had received a question from a new investor asking when he will receive his money and profits because some new investors still are unable to understand cryptocurrency. LOL, there is nothing nice that comes out when we make a short-term investment because there are many people who are impatient to make a profit.

It's better to have knowledge and understanding on everything, including our financial issues, than it is to rush, and I believe you have learned that from your mistakes. If you had been more patient during that time when you were holding cryptocurrency, I know you could have made a lot of profits by now.