Quote from: Tungbulu on July 13, 2025, 08:17:07 PM

Quote from: Agbe on July 13, 2025, 04:16:37 PM

Been patient is one virtue that everyone that should be cultivated by everyone who are into crypto because patience is one key element that should be cultivated by investors if they are to enjoy the best when it comes to crypto knowing that the crypto currency is one thing that is charactarized by volatility which could make the price to be down or unstable so patience is needed for anyone to wait until there is increase in the price of crypto currency especially Bitcoin

That's correct, because without patience, an investor have already failed, even before he gets started, especially when investing in an asset like Bitcoin that requires its investors to consider its long term potential. It doesn't matter how much income or discretionary income you've got available to invest, it'll all be for nothing if you're unable to exercise patience and wait for your investment to get mature. This is why it's important for every investor include patience in their starter kit.

This is a matter of practice. You cannot just invest with patience at the beginning to bring you a financial dynamic situation for accumulation wisely. Try to start with discretionary income at the beginning and implement it in practice and then have a strong desire to hold Bitcoin for the long term regardless of the price which is a safe environment in patience. One of the reasons why many investors were unsuccessful at the beginning was because they tried to get rich in a short time and were greedy. Another reason is that some of these investors get separated from their long-term goals and then turn to trading thinking. If you examine the portfolios of some weak investors, they are running towards their goal with patience through small discretionary income and they are very successful in long term investments.