Quote from: Humblevirus on August 05, 2025, 08:14:01 AM

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.patience is the key to bitcoin investment.

Except the person is someone who only cares about the short-term risky profits side, I mean a trader then they don't have much to deal with being patient but once one has made up their mind to thread the path of buying and holding for a very long period then patience is the key to achieving that, without it the investor is wasting their time.

One thing some people forgot is the volatile nature of bitcoin, they fail to understand that there's uptrend and downtrend that's why they rush to sale at lose over every slight downtrend, forgetting that it would still correct and improve again, at that point he would just used that opportunity to buy more instead of selling or even hold on.