Yeah exactly and that is sad reality about I think almost anything we dreamed of achieving. I personally admire those people who has the most patience regardless of what the situation is. Focus is also very important especailly nowadays that distractions are everywhere.
Patience is one of keys to succeed in investment, long term and in this volatile market, it is more important to succeed and get profit. It is not decisive, though, as if you choose a bad asset for your portfolio, your patience and long term holding will only cause nightmare and severe loss of your capital. It's easier to lose 90% and bigger like 98% to 99% of your capital from a peak during a bull market, within 2 years of bear market.
Sum up, people must know importance of patience in investment but they must know one more important, manage to be intelligent investors and choose good, safest asset to invest and hold.
Diversifying your investment portfolio requires that both gold, the dollar and Bitcoin be present. Otherwise, you may need liquidity, and then you may sell Bitcoin for about 30% of its real value. Therefore, comparing Bitcoin and gold is useless, as you need both in your investment portfolio.
Gold is a favorite investment asset with many people especially the elderly or middle aged people but I am quite sure it is not a most favorite choice for young generations. They will be keen on cryptocurrency market in which Bitcoin is a best investment asset for people who prioritize safety of the capital.
Experienced people in this market will allocate main part of their capital in Bitcoin. Because it is strongest survival since 2009, and in a long run its ROI is best.