Post
Topic
Board Beginners & Help
Re: Patience is power
by
snowpega
on 19/01/2024, 13:32:11 UTC
Every investment requires Patience but it depends on the kind of investment you want, some investment requires smartness and without the knowledge you can't make any profit, using trading as an example and you actually didn't make any profit, if I may ask what are your trading strategy or you think exhibiting Patience alone will help. Some investment requires the knowledge first and resources before you can start thinking about Patience cause when you have full knowledge about trading you don't need to stress yourself. Just like what higher rank members will advice holding is safe and better compared to trading, you still need Patience and resource when dealing with bitcoin investment.

Yes, Dear many of your saying are good. In the world of cryptocurrency patience is the power and if don't have patience it can be proven a bad habit well as you aformentionedholding holding is good I would also suggest holding rather than trading because in tranding you have a high risk of losing your funds but in spot holding there is very less risk of losing of fund because you really not need to stay active all the time.

you will only sell your holding on the time when it is giving you profit. Many of people fall prey to FOMO which as in result they do not control their emotions and don't have patience and sell their assets at the wrong points so that they have to face many losses.