Quote from: AmoreJaz on April 03, 2024, 11:55:05 PM

Quote from: Zanab247 on April 03, 2024, 12:52:04 PM

Patience is a some thing you agree in your heart to acquire to hodl up to a particular thing that will bring success in the future, which is what many BTC hodlers are using to grow their wealth in the community and, if you want to be like them, ensure you exercise patience in your BTC hodling.

The days of blaming the government for not making everything available has passed because, citizens are finding solution to themselves these days by looking for decentralized currency were to invest their money during the bear run so that they will have access to earn well when the bull run occur.

Patience can only be exercised if the person who is holding has other means to finance his daily expenses. But for a regular person relying from what he has to survive, I don't think he will be patient enough to hold especially if he sees his assets are getting a lil bit of profit. He won't wait longer to sell off his coins.

Bitcoin is a long-term investment and we can only make a profit if we can afford to hold it for the long term. And if you can't afford to keep it long term or you don't have another source of income, and you only rely on bitcoin to help you survive. Ideally, you should not invest in bitcoin.

Bitcoin is not a get-rich-quick tool, nor is it an investment that gives you daily passive income. It is a highly profitable investment and the higher the profit, the higher the risk, let's not be so naive that we can get rich quickly through bitcoin investment.