Bitcoin as a digital asset has taught me that patience is the key.
initial the first time I came into the crypto industry I never knew how important patience was not until I experience last year in the crypto space where the start of Russia and Ukraine war crash the price of Bitcoin to 15k dollars,
other shit coin follow suit, but was even worse, fast-forward from then till now how Bitcoin has bounce back to it current price and is still climbing up,
those people that sold their holdings at a loss will be licking their wounds by now and thinking how they wish they hold on to it a little bit longer.
It's near impossible to be successful in crypto without patience, investing is another thing, knowing how to hold is another thing also.
Almost all the crypto millionaire in the crypto space are good holders, think about that!!
Monitoring the price of your holding everyday will earn you nothing, but since we are all humans, it will makes us want to react to some price changes which is not good for the goal of getting filthy rich in the crypto space.
When it comes to cryptocurrency, patience is required, which is something that every investor should understand before beginning an investment. Many people are now regretting selling their bitcoin at an early stage, feeling that they should have hold it until now, given the price of bitcoin has doubled from when they sold it for 15k dollars so we should always keep in mind that we can lose money when we make an investment, however, most people who are new to it seem to misunderstand bitcoin, believing that it is just like other investments that you will make and lose money if the price dump, we can't be making profit without losing anything.
We should realize that investors that become wealthy in cryptocurrencies do not make very easy, therefore we must be patient if we want to invest in bitcoin successfully. We cannot be watching the price of the assets we own, as this cannot ensure that we will profit.