Post
Topic
Board Nigeria (Naija)
Re: Lack of patience can make you lose everything in your Bitcoin journey.
by
Humblevirus
on 05/08/2025, 08:14:01 UTC

Patience plays a very important role in Bitcoin investment. If someone is not patient enough, they will hardly make the profits they are looking for from their Bitcoin investment. Many people we see are complaining that they sold their Bitcoin at a loss, all because of their lack of patience. I have a friend who purchased Bitcoin during the last bull run when the price was around $55k. But with time, things turned around, and we experienced a bear market. The price of Bitcoin just kept going down. He decided to sell, but I asked him to hold on until the next bull run. He refused, and that's how he sold his Bitcoin at lost. As Bitcoin’s price started increasing last year after he sold, he started blaming himself for doing so, even though he sold at a loss. If he had been patient enough, by now he would have been in profit.