Quote from: Ziskinberg on December 19, 2024, 11:16:32 PM

There’s certainly money in crypto, but you have to build your investment first and make it work. Most of the investments show progress within a year or two, crypto is never an exception. Also, patience is a key factor in crypto, so if you aim to make your crypto investment become a successful and profitable one, you have to make informed decisions and always stick to your goal, and you can do it with patience and positive outlook on your investment.

Only if we can be patient as investors, we will enjoy a great profit from our investments at the end of the day. For me, I believe every investment has 3 to 4 stages. The first stage is the accumulation stage, that is, the stage where you build your financial portfolio by investing in different assets. This stage, you need to be intentional to invest an amount that you have planned to incubate and grow.

Then after this stage, you.move to the growth stage, in the growth stage, you will experience how your invested funds grow over the value of the assets that you invested in. During this stage, you might face volatility effect in the market while you experience an uptrend and downtrend within the market.

Don't allow the volatility of the market to scare you the stage as you may end up withdrawing loss. When you're patient enough to hold more, you will experience the maturity stage of the market which allows your investment to be stable and you begin to realize profits from the market. In this, some people decide to withdraw their investments and quite while others may just take some percentage of their profits and reinvest in a different asset. This withdrawal can be referred to the 4th stage as well.