Post
Topic
Board Nigeria (Naija)
Merits 5 from 2 users
Re: Lack of patience can make you lose everything in your Bitcoin journey.
by
BitBakerr1
on 03/08/2025, 10:19:28 UTC
⭐ Merited by Rockson1 (3) ,CryptopreneurBrainboss (2)
I get your point about patience and not to sell our coin, but have you been faced with a very difficult situation, let’s say health situations and all you have to do is choose between your health and your coin?(I hope to see your answer pretty soon)
I believe patience is good but discipline is paramount when investing in bitcoin and cryptocurrency at large and when we talk about discipline, it’s not just about holding but is about how disciplined you are before investing(this has to do with, investing the right money at the right time), when holding and even after selling(for the right purpose)
Discipline plays a major role.
Ojinga I'm so confused about your write up, you are asking the OP question if when faced with a health challenge and is to choose between his health and his coin, and later you diverted to discipline so are you saying that if you are face with such challenge you won't sell your coin because you are disciplined not to do so, I think one should choose his health first, health is better than any money or coin when you are dead you can't continue your investment but when you are still alive you can always continue and even succeed.
And again it is always advised as a bitcoin investor to have a backup funds which is your emergency, reserve and float funds, this backup funds will help you in times of emergency for example health emergencies, now instead of you to deep hand into your Bitcoin investment what you will do is now to deep hand inside your backup funds, if you are an investor without a backup funds then surely you will use your investment for an emergency but if you have a backup funds you will always keep your investment safe.