Patience is important in life so that people can think things through before making decisions but there are times in life when you need to make quick decisions. Being patient in gambling is not a guarantee that you will win your bet likewise making a quick decision on whether to cash out or not is not also a guarantee of winning. So a bettor needs to think fast when presented with the option of cashing out whether to take it or not. You need to decide what you want and stick to it and you should accept whatever outcome you get, don't blame yourself if you lose because that same strategy can give you a win another time.
Absolutely correct, I think in real life stuff having patience can help one achieve thinga he or she wants to achieve, is just when we say for anyone to achieve a bulky Bitcoin portfolio, such persons must have to presevere, must be patient enough to achieve there goals but in gambling having patience might be your worst decision, you know why, that's because gambling is not investment and another thing is you can't see the end from the starting even in a match you betted on and may be your preferred team is on 3:0 from the first half, shit can still happen, so patience work in too ways in gambling, is either it fails you or you win, in terms of cashing, the decision is for the gamer to make but sometimes it is better to cashout than to lose it all but if you know you can bear it when you lose the game fine if you can't cashout and don't get mad at yourself when the game win too.
Patience in gambling is tricky because unlike investing or real life projects there is no compounding effect the longer you wait there’s just randomness playing out and randomness doesn’t reward patience in the same way so a bettor needs to balance patience with decisiveness patience can help you avoid chasing losses or over betting when emotions run hot but it can also trap you into watching a bet collapse when you could have secured a profit with cash out.
The reality is no matter what choice you make sometimes it works sometimes it doesn’t if you cash out and the game flips in your favor you’ll feel regret if you hold and it collapses you’ll feel regret too so the only way to stay sane is to set rules before the game even begins know your risk tolerance ask yourself if you’d rather secure small consistent wins or swing for full payouts once that decision is made stick with it no matter what happens that removes the emotional spiral because you already accepted the outcome.Another angle is bankroll protection if you use patience to avoid tilt and over staking it becomes a weapon patience can be waiting for the right spots instead of betting every match it can be skipping the game you don’t fully understand it can be walking away when you’re tired or emotional that type of patience actually makes you a stronger bettor and reduces losses