Post
Topic
Board Nigeria (Naija)
Re: Impatience na bad thing
by
Fivestar4everMVP
on 03/07/2025, 22:06:03 UTC
How una see this state of impatience?

E dey obvious say a patient dog dey always eat the fattest bone...
I invested in a particular token as of last year, with my analysis the token was promising but within a period of 2weeks, the token experienced a price decline, out of fear I sold it all. And guess what, after the slight price decline... The token saw a price surge which would have given me at least an x10 profit within a short period but impatience killed it.

I had experienced this twice... The second time, after making the mistake of selling out of fear once again, though this time, the idea was fostered by one of my guy that's into chart analysis... after selling at loss due to the fear of not loosing it all.. the price started going up for like 2 days, then I bought again to follow the trend but guess what... the market was watching me this time and the price declined badly that I just had to forget about the funds..

Most times a little patience can worth it all even in our daily lives not just in the Crypto world.
Your experience is very common for many who are Altcoin investors, and maybe what made yours a bit worst is because perhaps, you are still a newbie in cryptocurrency.

Investing in Altcoins is very risky and requires that the investor have a very firm and strong balls, be ready to lose money just as you are hoping to get big profit.
It is true that Bitcoin investment isn't as profitable as Altcoins, but it's 99.9% safer than investing in Altcoins..