Post
Topic
Board Nigeria (Naija)
Re: Lack of patience can make you lose everything in your Bitcoin journey.
by
Gost ms
on 08/08/2025, 09:58:06 UTC
Many beginners who invest in bitcoin don't consider having patience. That is why, when they go into the investment, they expect it to be a kind of investment from which money can be made very quickly. Even because of a lack of patience to learn, many beginners invest in the wrong coins, which normally leads to massive losses. Being patient to learn doesn't mean one is slow or would miss the opportunity.

 It is better to be slow to learn well and have a successful trade by the end of the investment. People who underrate patience think investment is all about luck; it is impossible to make it without having a better understanding.

Yes you are right,as the case may be being patient is the price we new investors have to pay but the thing is that some new investors get impatient because they start thinking bitcoin is a gamble. But that's is wrong when it comes to Bitcoin knowledge and understanding is everything Bitcoin is not some get rich quick scheme If an investor is really serious about thriving in Bitcoin investment they must put in the time to learn and stop every FOMO mindset .Gainng knowledge in Bitcoin takes years of experience and that's the beautiful part of it and As time goes , patience will definitely pay off and the investor will start understanding Bitcoin's true nature. Yes, new investors like me might panic at first because of market volatiity but with time ,patience and basic learning it will help us to manage and ease those emotions.

You don't need much to invest, if you have only 3 things: faith in Bitcoin, basic knowledge about Bitcoin and a discretionary income, then you can start investing. After investing, you can learn everything else.

If a person does not invest, how will he gain experience? For example, if you invest, then if the market falls, you will go through the situation at that time. But if you do not invest, then the situation you will go through is not the same. After investing, you will gradually gain experience. If you delay investing to gain experience, then it will not be the right decision at all. So you have to start investing first.