Quote from: $weetne$$ on November 21, 2024, 03:22:16 PM

Patience is very important for traders because there are many opportunities for we to make profits but we are not patient to wait for the appropriate time to buy or to sell. We buy with fomo and we sell with fud because we begin to fear that the market will fail and put us in losses. Patience helps alot and can make you lots of profits. People that were afraid and sold earlier did not enjoy the profits that Donald Trump winning the election brought for both Bitcoin and altcoins but for those that had a little more patience and was still hodling has benefitted. For those that will be afraid and sell again before we reach the highest price for this bull market, they are going to be those that will lose since the market still has a long way to go before it gets to its peak.

The reality is we are dealing with too many stuff going around us at all times, so it is going to be a quite difficult thing to focus on how to do this, we can't really make up too much and we need to focus on how to get greater results as well.

So for all intends and purposes, we can't really get a greater return if we look at everything, if you are like a wild animal on safari, looking at everything and trying to get it all, you will end up with nothing in the end. What makes you win is not the diversification, but the focus you have towards your success and sticking to your plan. Holding, and keep holding while trying to accumulate even more, is the way to go and that's how most people make their money in the crypto world.